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Babcock International

September 2024

  • Pro and anti independence campaigners in glasgow, 2014

    Ten years after the no vote, can Scotland engineer a case for independence?

    The SNP is keen to keep the issue alive, but others, including former PM Gordon Brown, say leaving the UK could see the economy founder

April 2021

  • Britain’s newest aircraft carrier, HMS Prince of Wales, leaving Rosyth Dockyard in Scotland for the first time.

    MoD contractor Babcock plans to cut 1,000 jobs in UK and overseas

    Company reveals write-offs of £1.7bn and plans to simplify its operations

April 2020

  • Medical ventilators being built at the OES medical supply company in Witney.

    Observer business agenda
    Ventilator crisis lands Britain's manufacturers with greatest test

    Dozens of companies have pooled resources in an attempt to produce tens of thousands of machines as Covid-19 strikes

September 2019

  • HMS Queen Elizabeth being built at Rosyth dockyard

    Boris Johnson to hand £1.25bn contract for new frigates to Rosyth

    Move will help secure 2,500 jobs as prime minister aims to revive shipbuilding

February 2019

  • A worker on a production line.

    Brexit frontline
    What are Brexit contingency plans for aerospace and defence?

    With no deal estimated to mean billions of pounds in extra costs, here’s what firms are doing

November 2018

  • Nils Pratley

    Nils Pratley on finance
    Are Chinese punters big users of Bet365? The firm still won't say

    Nils Pratley
  • Warrior light tank

    MoD supplier Babcock insists finances are healthy after 'malicious' report

January 2017

  • Chelsea’s winning streak hit bookmakers, say analysts

    Market Forces blog
    FTSE 100 on course for new record but William Hill warns on profits

    Bookmaker said it was hit by unfavourable football and racing results in December

November 2016

  • Compass business includes catering for the Cheltenham Festival

    Market Forces blog
    FTSE 100 adds 1% but Compass and Kingfisher updates disappoint

    Leading shares lifted by continuing rise in oil price on hopes of Opec deal

October 2016

  • Commodity companies lifted by strong oil price

    Market Forces blog
    Shell leads FTSE 100 higher on weak pound and strong oil price

    Leading index hits 16 month high but utility shares fall back

January 2016

  • Sheffield Forgemasters

    Ministers can do more to support British steel, trade unions say

    Claim follows underwriting of bank loans to Sheffield Forgemasters by Rolls-Royce, BAE Systems and Babcock

May 2015

  • Hinkley Point A nuclear power station

    Magnox nuclear decommissioning consortium to cut up to 1,600 jobs

    Cavendish Fluor Partnership says plans reflect ‘stepdowns’ in work at nuclear plants around UK
  • Babcock International has won outsourced contracts from the MoD refitting Royal Navy vessels.

    Babcock upbeat after order book hits record £20bn

    Engineering services company profits as government farms out defence contracts
  • Stock market winners and losers - general election 2015

    Seven sectors fuelling the election rally

    Threat of Labour policies on industries including energy and banking has now been lifted

April 2015

  • Precious metals in demand as markets fall.

    Market Forces blog
    FTSE falls back after disappointing UK GDP and US confidence data

    Investors remain cautious despite signs of hope for Greek debt negotiations

March 2015

  • FTSE supported by strong start for US market.

    Market Forces blog
    FTSE lifted by Chinese growth hopes and strong start on Wall Street

    US market surges after series of deals unveiled and positive comments from China

February 2015

  • Standard Chartered hit by sell note.

    Market Forces blog
    FTSE falters ahead of Greek meetings, as Standard Chartered slips back

    Investors cautious on conflicting reports about deal to resolve Greek financial problems

December 2014

  • Market Forces blog
    Babcock dips as it pays £140m for MoD maintenance business

    Company says deal will add contracts worth around £2bn over next ten years

November 2014

  • Reckitt’s Finish dishwasher tablets.

    Market Forces blog
    FTSE falters again, with Reckitt down ahead of pharma demerger

  • Rush hour traffic in Atlanta Georgia causing air pollution. Photo: M Stock/Alamy

    Market Forces blog
    FTSE falls as miners hit by weak Chinese data but Johnson Matthey shines

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