£57m GE Aerospace Prestwick expansion expected to bring 150 jobs
The GE Aerospace Prestwick aircraft repair site is to get a new 55,000 sq ft building in a £57m expansion the company expects to create about 150 jobs.
Tuesday 13 October 2026
The latest news affecting small and medium sized (SME) businesses in the UK
The GE Aerospace Prestwick aircraft repair site is to get a new 55,000 sq ft building in a £57m expansion the company expects to create about 150 jobs.
Sir Peter Wood, the Direct Line and Esure founder, has moved his tax residence from the UK to Florida and says the switch brings "no meaningful…
A taskforce chaired by the LSE chief has told the chancellor the London stock market needs tax incentives to stop Britain losing companies it creates.
Andy Burnham will argue for closer EU integration at the UK-EU summit, and sets out his positions on defence, the Budget, AI and young people and…
Harvey Nichols Birmingham is to close in January with at least 60 jobs lost, as owner Frasers Group rebrands the Leeds and Bristol stores as Flannels.
Shein UK sales rose 26 per cent to £2.58bn last year, taking the retailer past Asos, as the £135 duty-free parcel rule is due to end…
The Ovo Energy takeover by E.ON Next has completed after CMA clearance, leaving almost three-quarters of British households served by three suppliers.
Virgin cross-Channel trains will run 20 daily return services from London to Paris, Brussels and Amsterdam from 2030, the group says, using 12 Alstom sets.
Carlsberg Britvic has proposed a Burton brewery closure that would end production at Marston's Brewery in summer 2027 and put about 310 jobs at risk.
The Tesco profit forecast for the full year has been raised to between £3.15bn and £3.3bn, with the share buyback lifted to £950m and shares up…
The SFO Canary Wharf move will see staff reimbursed for extra commuting costs for three years, with no cap on claims, documents obtained by Bloomberg show.
Imagination Technologies has warned of material uncertainty over its future after 2025 revenue fell 39.7 per cent to $65.1m, with debt covenants at risk.
The Christian Horner payout from two Red Bull Racing companies totalled £67m, recorded as compensation for loss of office in 2025 accounts.
