Energy News – Early May 2022

The Department for Business, Energy and Industrial Strategy (BEIS) has launched the Phase 2: Summer 2022 competition window of the Industrial Energy Transformation Fund (IETF). Phase 2 is worth around £220m in funding between Autumn 2021 and 2025. Businesses in England, Wales and Northern Ireland can now bid for a share of up to £70m in grant funding through the Phase 2: Summer 2022 competition window.       BP has pledged to invest up to £18bn in the UK’s energy system by the end of ... Read more

Defence News – Early May 2022

Defence contracts worth more than £2 billion have been awarded to BAE Systems and Rolls-Royce to begin the third major phase of the future submarine nuclear deterrent programme – Dreadnought. With the overall programme supporting around 30,000 jobs across the UK, from design through to build, Delivery Phase 3 (DP3) represents the most significant stage of the Dreadnought programme so far. In 2021 alone, it supported around 13,500 jobs in the Northwest of England and a further 16,300 over the rest of ... Read more

Railway News – Early May 2022

HS2 Ltd has reached an agreement with Bruntwood, one of the UK’s leading property providers, to purchase Square One on Travis Street in readiness for construction of Manchester’s brand new high speed railway station. The sale marks HS2’s second major property acquisition in the city centre in just over 12 months, following its purchase of the Store Street site in April 2021. Both sites have been purchased by HS2, on behalf of the Department for Transport, and are pivotal to the creation ... Read more

Power Generation News – Early May 2022

Britain’s manufacturers are leading the charge towards Net Zero as the sector makes a huge leap forward from just 18 months ago when very few companies had a specific Net Zero strategy in place. The positive influences of COP26 and increased practical help in implementing positive green strategies in the workplace has turbocharged industry in the Race to Zero. According to new research published today by Make UK, almost two thirds (65%) of manufacturers have taken positive action towards their Net Zero ... Read more

Manufacturing News – Early May 2022

Britain’s manufacturers are calling for a cross-industry and Government taskforce to assess the UK’s current and future supply chain resilience and capabilities, as well as establishing an action plan to protect the economy from any future significant disruptive event. The call was made on the back of a major report by Make UK and Infor, ‘Operating without Borders – Building Global Resilient Supply Chains’, which shows the stark impact on UK manufacturers from the economic shocks of the last two years and ... Read more

Aerospace News – Early May 2022

Plane manufacturer, Airbus, said it will create up to 550 jobs at its wing-making factory at Broughton, near Chester, as part of a £100m investment. The boost for the site is linked to plans announced in January this year to recruit around 6,000 staff group-wide in response to strong signs of recovery post-COVID in the aerospace industry, and linked to the group’s plans to prepare the future of aviation and implement its roadmap for decarbonisation.     Australian flag carrier, Qantas Group, has boosted the ... Read more

Automotive News – Early May 2022

The motor industry’s microchip shortage hit sales at luxury car maker Jaguar Land Rover (JLR), leading to a pre-tax loss of £412m for the year to March 31. The car maker, which has production plants at Halewood in Merseyside and Solihull and Castle Bromwich in the West Midlands, said the ongoing problem drove down revenues by 17% to £18.3bn, while the previous year’s pre-tax profit of £662m, before exceptional items, was transformed into a pre-tax loss of £412m before a fourth quarter ... Read more

Steel News – Late April 2022

Submarine cable manufacturer XLCC has signed the UK Steel Charter in a boost for the industry. The step commits XLCC to using British-made metal where possible for its £16bn scheme to carry power from Morocco to Devon.  XLCC signed the charter at an event in Parliament on 19 April 2022, alongside representatives from politics, business and the trade union movement. Read more

Nuclear News – Late April 2022

Rolls-Royce SMR has announced it will create 400 jobs, split between Warrington and Derby, to support the growth of its nuclear power station business.  SMR’s are small modular reactors which will use nuclear power to deliver energy needs for the future. Rolls-Royce SMR is the UK domestic energy champion and will play a key role in achieving the Government’s British Energy Security Strategy, which pledges to accelerate the expansion of nuclear by delivering the equivalent of one nuclear reactor per year instead ... Read more

Railway News – Late April 2022

Research and innovation in digitalisation in the railway equipment supply, product and services sector is on the rise.  The most recent figures show that the number of digitalisation related patent applications in the industry stood at 35 in the three months ending February – up from 32 over the same period in 2021. Figures for patent grants related to digitalisation followed a different pattern to filings – shrinking from 22 in the three months ending February 2021 to 16 in the same ... Read more
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