Topic
UK industry
2 stories related to this topic, newest first.
manilatimes.netbusiness10 days ago
Renk Group Acquires David Brown Defence in Deal Worth Up to £190 Million
GB News reported that German defence manufacturer Renk Group bought Huddersfield-based David Brown Defence. The transaction, valued at up to £190 million, includes a £700 million order backlog and brings Renk a UK presence in submarine gearboxes. The British government approved t…
theweek.compolitics64 days ago
UK Government to Nationalise British Steel’s Scunthorpe Works After Talks With Chinese Owner Fail
Prime Minister Sir Keir Starmer announced legislation this week to nationalise British Steel, subject to a public interest test. The move follows the government's takeover of the Scunthorpe steelworks from Chinese owner Jingye in April 2025 to prevent blast furnace closures. Indu…