6 results

Luxury goods maker Burberry closed 2.58 per cent down in London, recovering slightly from lows that saw it lose as much as 3 per cent of its value. Photograph: Henry Nicholls/Reuters

Signs of a US slowdown and a rise in coronavirus cases sent European shares falling on Friday. Dublin Kingspan added 0.63 per cent after publishing (...)

Hornby has trimmed its pre-tax losses to £2.5 million for the year to September 30th, down from a £3.2 million loss the previous year. Photograph: Danny Lawson/PA Wire

The boss of model train maker Hornby said it is back on track in its turnaround as the company narrowed its losses for the year. The company trimmed (...)

The Scalextric-to-Airfix firm, best known for its model railways, has embarked on a painful turnaround

Losses at troubled toymaker Hornby narrowed last year as the firm’s boss declared his turnaround strategy is on track. The group reported a pre-tax l(...)

Hornby says staff cuts are expected to contribute to cost savings, but did not provide the number of jobs already cut. Photograph: Danny Lawson/PA Wire

Embattled model train company Hornby has warned full-year revenues will drop nearly 25 per cent as it charges on with turnaround plans to scale back i(...)

Hornby paid £600,000 to end agreement with Chinese supplier

Hornby, the maker of model trains, Corgi toys and Scalextric sets, has issued its third profit warning in less than two years after being hit b(...)

David Cameron: “For years the West has been written off. People say that we are facing some sort of inevitable decline. They say we can’t make anything anymore.”

European countries, particularly the UK, can win back industrial jobs from cheaper Far Eastern competitors, British Prime Minister David Cameron will (...)