News And Announcements
QinetiQ agrees sale-and-leaseback of Farnborough site
QinetiQ Group announced the sale of its 407-acre freehold site at Cody Technology Park (CTP) in Farnborough on Monday, to a fund managed by Tristan Capital Partners, for £112m.
UK second-quarter growth revised lower
The UK economy grew less than initially estimated in the second quarter, according to figures released on Monday by the Office for National Statistics.
Aston Martin cuts profit guidance on delays, weak China demand
Aston Martin has revealed that full-year profits are now expected to decline as a result of a cut to wholesale volume guidance due to supply chain disruption and weak demand in China.
Weir wins £25m contract for Morroco phosphate projects
Mining technology group Weir said it had won a £25m contract to provide services on the next phase of OCP’s Benguerir and Louta greenfield phosphate projects in Morocco.