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The Latest Breaking News from Babcock

FTSE 100 Live 13 November: Smiths and Babcock shares surge, Just Eat sells Grubhub

Buyers targeted the engineering sector today after updates by Smiths Group, Babcock International and GKN Automotive business Dowlais.

Evening Standard

Fossil fuel firms and arms dealers among Labour Party conference sponsors

WEAPONS manufacturers, fossil fuel companies, and a contentious spyware firm are among the sponsors for this year’s Labour Party conference.

The National (Scotland)

HMS Prince of Wales returns to Portsmouth Naval Base with fixed propeller shaft

Waving and cheering well-wishers who had lined the harbour walls welcomed the aircraft carrier home.

The Independent UK

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Babcock International revenue up on ‘increased operational tempo’ for defence contractors

Babcock maintains UK submarines and the Challenger tanks gifted to Ukraine

Evening Standard

Plymouth City Council plans £15.6m investment in Freeport

The council has announced two multi-million pound investments in the Plymouth and South Devon Freeport

Birmingham Post

Local success as top runners contest Babcock Helensburgh 10k race

The women’s race was by comparison much closer with local girl Sophie Canty prevailing over Kristina Greig of Bellahouston Harriers. Canty was cheered on by her friends as she came home in 38 minutes and 45 seconds, just eleven seconds ahead of Greig.

Daily Record

Rosyth strikes could cause 'significant delays' to Royal Navy frigates, union warns

THE Royal Navy could see delivery of its Type 31 frigates significantly delayed, a union has warned, as workers at Rosyth yard are poised to down…

The National (Scotland)

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Can Florida survive climate change? Here’s what the Aspen Ideas: Climate conference had to say

Some of the most pivotal climate-change questions — and potential solutions — focus on Florida.

Tribune News Service

PwC fined £5.6m over ‘serious breaches’ in audits of defence firm Babcock

The accounting regulator has severely reprimanded two former partners at the firm

Birmingham Post

PwC fined for Babcock audit failings including creating false record

UK regulator says breaches found in ‘every area’ looked at in relation to audit of engineering firm’s accounts

The Guardian - UK

Accounting watchdog fines PwC over audits of defence firm Babcock

The Big four auditor will pay £5.62 million

Evening Standard

Devon defence jobs secured after British Army vehicle contract win

Combat vehicle manufacturer Supacat and engineering giant Babcock have struck a deal to make potentially hundreds of light armoured transporters at the firms' sites in Dunkeswell and Plymouth

Birmingham Post

Royal Navy orders investigation into nuclear submarine repaired with glue

Botched fixes were made onoard HMS Vanguard, whose role is to carry the Trident ballistic missile system

The Independent UK

Royal Navy orders investigation into nuclear submarine ‘repaired with glue’

Claims made that broken bolts on HMS Vanguard’s reactor chamber were stuck on instead of replaced

The Guardian - UK

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news in one place.

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Wales Online

Royal Navy probe after claims £88m Trident submarine nuclear reactor fault was fixed with super glue

'You can't cut corners with nuclear,' warns furious Navy source

Birmingham Post

Military jet developer Aeralis to explore AirTanker collaboration

The Bristol-based start-up manufacturer has reached an agreement with the Royal Air Force aircraft maintenance firm, which is owned by Airbus, Rolls-Royce, Cobham, Babcock and Thales

The Independent UK

UK Government committed to building Type 31 frigates as steel is cut on new ship

Defence procurement minister Alex Chalk attended the ceremony to mark the start of work on HMS Active at Rosyth.

The National (Scotland)

Better Together promises 'falling apart' again with shipbuilding 'betrayal'

PLANS to delay or potentially ditch the building of new frigates in Scotland are yet another sign of the Better Together prospectus has…

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news in one place.

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Daily Record

Mystery of disappearing Helensburgh road signs has been solved

Earlier this month we reported how confusion reigned over the removal of signs welcoming visitors to Helensburgh – with council chiefs unaware of their staff having done so.

The National (Scotland)

UK Government pressed over Spanish shipbuilding contract as Scotland 'losing out'

THE UK Government is under growing pressure to explain a decision to hand a vital £1.6billion ship order to a Spanish-led team, with Scottish yards…

Daily Record

Babcock race director says he expects a higher turnout at next year's event

Babcock has confirmed its continued sponsorship of the local 10K series for 2023, having first sponsored the events back in 2017.

Birmingham Post

Defence firm Babcock maintains 'good progress' with Covid turnaround

The defence giant, which has a base at Devonport Royal Dockyard in Plymouth, has reported flat revenues and marginally dipped profits

Birmingham Post

Babcock hires 200 apprentices and graduates in Devon

The new recruits will be based at the defence giant's Devonport Royal Dockyard facility in Plymouth

Insider UK

Vision unveiled for a 50,000-job Forth freeport

The bid claims to be able to unlock £6bn of private and public investment for Scotland

Insider UK

Regulator unwinds Babcock/CHC helicopter deal over competition concerns

The Canadian company must now sell the business it bought for £10m

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