Ilika's Revenue Surge & UK's Construction Workforce Gap Challenges

The Business Magazine Newscast

These are the top stories making the headlines across The Business Magazine website today:

Romsey's Ilika expects revenues of around £2.1M in fiscal 2024

Romsey-based tech company Ilika anticipates a revenue boost to £2.1 million for fiscal year 2024, aligned with management expectations, driven by advancements in its miniature solid-state battery production for electric vehicles and cordless appliances.

Full story here: https://thebusinessmagazine.co.uk/companies/romseys-ilika-expects-revenues-of-around-2-1m-in-fiscal-2024/

UK needs quarter of a million extra construction workers by 2028

The Construction Industry Training Board reports that the UK requires over 250,000 additional construction workers by 2028 to bridge the workforce gap and meet increasing demand.

Full story here: https://thebusinessmagazine.co.uk/companies/uk-needs-quarter-of-a-million-extra-construction-workers-by-2028/

IS-Instruments Ltd and Bristol university among six UKAEA contract winners

The United Kingdom Atomic Energy Authority awarded £9.6 million in contracts to three universities, including the University of Bristol, and three companies, with IS-Instruments Ltd among them, to further develop digital engineering and fusion fuel cycle initiatives for its fusion energy project.

Full story here: https://thebusinessmagazine.co.uk/companies/is-instruments-ltd-and-bristol-university-among-six-ukaea-contract-winners/