Archives by Tag 'business development'
Apps downloads hit record high at the end of December
For the first time more than a billion apps have been downloaded in a single week according to new research.Analytics firm Flurry said 1.2 billion apps were downloaded in the last week of December. Activity was buoyed by the facts that many users received new devices for Christmas and firms offered discounted apps over the [...]
Luxury carmaker Bentley sees sales rise 37% in 2011
Luxury carmaker Bentley has reported a 37% rise in sales in 2011, claiming global demand has returned to pre-recession levels.The Crewe-based firm sold 7,003 cars, whose prices start at £133,000, in the year to December 31. The US continues to be Bentley’s number one market with 2,021 cars sold in 2011, an increase of 32%. [...]
Bombardier wins £188 million Southern trains contract
Derby trainmaker Bombardier has won a £188 million contract to build 130 carriages for rail company Southern.The Department for Transport had been criticised for choosing German rival Siemens over Bombardier as preferred bidder for the £1.4 billion Thameslink rail contract. It is hoped the new contract will help secure the Canadian owned company’s future in [...]
Big Society projects get £3.1 million boost
Four Big Society projects are to get £3.1 milion in funding from dormant bank accounts, the government has announced.The cash will be used to help the long term unemployed set up business, vulnerable youngsters find jobs, a community energy project and fund the first social business stock exchange. In total, about £400 million in unused [...]
Toyota seeks to boost production by 20%
Toyota has said it plans to increase production by 20% next year as it tries to recover ground lost due to March’s earthquake in Japan and the recent floods in Thailand.The company aims to produce 8.48 million vehicles in 2012 and increase sales by a quarter to 8.65 million. Toyota is due to lose its [...]
UK car production up for sixth month in November
Car production in the UK rose for the sixth straight month in November according to the Society of Motor Manufacturers and Traders (SMMT).A total of 136,111 cars were made last month, up 8.5% from the same point last year. UK engine production rose by 1.7% in November. “UK vehicle and engine production continues to lead [...]
Moss Bros reports strong sales increase
Menswear retailer Moss Bros has unveiled a double digit increase in sales as its efforts to turn around its fortunes continue.In the 19 weeks to December 10, gross profits were up 7.9% with sales on a same store basis rising by 10.5%. The figures follow the sale of Hugo Boss and Cecil Gee stores in [...]
Sports Direct sales rise despite fragile business climate
Sports Direct has hailed a “strong performance” after reporting half-year pre-tax profits of £100.3 million- a modest increase from the same period in 2010.The retailer said that an 8.4% growth in sales to £888.6 million came despite a “fragile consumer climate”. Chief executive Dave Forsey said he was particularly pleased because the comparison with last [...]
Car parts firm Cobra UK to create 49 jobs
A new £12 million order to supply General Motors (GM) with parts will see the UK company double its workforce.Welshpool-based Cobra UK has won a contract to provide load space covers for the Vauxhall Astra, which is made at a plant in Cheshire. The expansion will create 49 jobs, taking the workforce to nearly 100. [...]
JCB creates new 350 jobs
JCB is creating more than 350 jobs as part of a new £31 million engine development project.The firm said it would recruit more than 300 people across its Staffordshire, Derbyshire and Wrexham factories between 2016 and 2021. The company said it was also currently recruiting for 50 jobs at JCB Power Systems in Foston. JCB [...]