Make UK comment on the Chancellor’s statement

Commenting on the statement by the Chancellor of the Exchequer, Stephen Phipson, Chief Executive of Make UK, said : “I warmly congratulate the Chancellor for taking decisive action that will help avoid the significant redundancies we were facing had there been a cliff edge end to government support. The priority right …

TDK-Lambda announces £11.5m investment to redevelop its manufacturing facility in Ilfracombe, UK

The investment, which will be staged over the next three and a half years, will enable the company to increase production capacity by 50%. The original factory was built over 50 years ago with further expansion in the mid-1980s. While the company has invested heavily in new equipment and building …