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Smiths demand soars


Smiths Group said it has been “submerged” with requests for its security products after the terrorist attacks, despite its core customer Boeing slashing more than 30,000 jobs. It said demand for its products that detect chemical agents has risen in the US and the Middle East.
BMI British Midland


MoD overruns ‘worse’
Purchasing time and cost overruns are getting worse at the Ministry of Defence, according to the National Audit Office, writes Cathy Hayward.
Delays prove costly
Three-quarters of European companies experience delays in receiving imported goods, either finished or component, while 79 per cent experience delays in exporting goods, according to a recent logistics survey, writes David Arminas.
Company Barclaycard


Silvon takes on TBC
Toshiba to cut jobs


Japanese electronics and semi-conductor maker Toshiba is to cut 17,000 jobs in Japan and 1,800 elsewhere, while expanding output in overseas markets. However, UK jobs are believed to be secure. The announcement comes as the firm forecast a loss of about £700 million, its largest ever.
Lucent Technologies


Express Marketplace


Napp gains reprieve


Napp Pharmaceuticals has won a temporary reprieve from having to comply with an Office of Fair Trading order to cease anti-competitive practices.
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