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Leeds-based TV and domestic appliance manufacturer Hisense still has “lots of space for growth” after recently surpassing £300m in annual revenue, the firm's UK vice-president has told The Yorkshire Post. <br/>The British arm of the Chinese technology giant launched in this country in 2012 with an initial focus in this country on selling fridges. But in the years since it has substantially expanded its product range including offering state-of-the-art televisions.<br/><br/>In its recently published annual results for 2023, the company recorded revenue of £300.4m, 25 per cent on 2022. Profit stood at £2.3m, 43 per cent higher than the previous year.<br/><br/>The British operation is a small cog in a much bigger wheel, with Hisense having around 100,000 employees globally, a turnover of almost $30bn and its own vast research and development centres across the world.<br/><br/>Meeting The Yorkshire Post at the company’s impressive new offices and showroom at the White Rose Office Park, vice-president Howard Grindrod  said the UK operation is already on course to beat the 2023 revenue figure in 2024 and sees further growth on the horizon.<br/><br/>\
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Onyx
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JESIFRA
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New research has found migration, from Australian capital cities to regional areas, is more than 20 per cent above pre-pandemic levels. The regional movers index released by the Regional Australia Institute and Commonwealth Bank, says cost-of-living pressures and housing affordability continue to drive regional migration. While some areas are seeing a boost a trend is emerging showing that \
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Travis
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Raze - Topic
⏲ 4 minutes 39 seconds 👁 13.3K
Australia is world-famous for its beaches, but only about 1 per cent are accessible to those who live with disabilities. Jaimen Hudson, who recently broke his neck trying to visit his local beach, says that needs to change.
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TALIIBOYZ GANG
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Liviu Didu
⏲ 4 minutes 15 seconds 👁 384.4K
In little more than 25 years – so the theory goes at least – one-quarter of the country’s electricity needs will come via homegrown nuclear power. Given the chequered history of attempts to bring through new nuclear, reaching that target by 2050 from the current 15 per cent looks ambitious.<br/>But one place central to turning those aspirations into reality is the Nuclear Advanced Manufacturing Research Centre (AMRC) in South Yorkshire, which sits on land which was once part of Orgreave Colliery.<br/><br/>The facility has been used since 2012 as a base for researchers to test and develop millions of pounds worth of manufacturing innovations for the nuclear industry.<br/><br/>It mostly takes place in a giant open-plan workshop with offices on the top floor which overlook the hive of activity taking place below. It is in these offices where The Yorkshire Post is meeting CEO Andrew Storer.<br/><br/>In the earlier part of his career, Storer, originally from Derby, worked his way up through the ranks at Rolls-Royce to become part of their team tasked with setting up a civil nuclear business.<br/><br/>An initial political push in the early 2010s to find sites around the country for new nuclear power stations – a key factor in the initial establishment of the Nuclear AMRC which had Rolls-Royce as its lead industrial partner – ultimately fizzled out, partly as a consequence of concerns about the 2011 Fukushima nuclear accident in Japan affecting investment decisions.<br/><br/>Storer joined the University of Sheffield-owned Nuclear AMRC in 2015 and was determined to find a viable future for the centre despite the altered political landscape.<br/><br/>It opened up to the nuclear decommissioning market, as well as defence and fusion reactors. The centre also established a supply chain programme called Fit For Nuclear.<br/><br/>Businesses involved in the programme have gone on to win more than £2bn worth of government contracts, safeguarding thousands of jobs.<br/><br/>The centre is also part of the High Value Manufacturing Catapult, a national network of seven specialist industry-focused research centres designed to help turn academic inventions into commercially-viable products.<br/><br/>In early 2022 following meetings with industry figures including Storer, Boris Johnson announced the launch of a new body called Great British Nuclear in a renewed attempt to bring forward projects.<br/><br/>Last week, the Government announced the start of talks with international firms about building a third major new nuclear plant at Wylfa in Anglesey which it is hoped could be similar in scale to also-planned schemes at Sizewell in Suffolk and Hinkley in Somerset. The latter is already under construction but may not open until the early 2030s.<br/><br/>In parallel to the large-scale plans, the UK is also pinning its hopes on what are known as small modular reactors (SMRs) which can be made in factories and involve a cheaper and quicker construction process. It is hoped they could be operational in this country by the mid-2030s.
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Tahitian Vibes
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Washington Week PBS
⏲ 24 minutes 11 seconds 👁 1.7K
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