Recovery in the UK steel sector combined with new contract wins helped boost Owens Group’s turnover by more than a fifth last year. Reporting its results for the year to 30 June 2017, the company, which rebranded to Owens Group in 2016, recorded a 22% rise in turnover to £55.6m (2016: £45.4m) and a pre-tax profit rise of 15% to £2.2m (2016: £1.9m). In its strategic report on the results, the Llanelli, South Wales-based family firm said the rise in […]
All Severn Crossing tolls are to be scrapped by the end of 2018, the government has confirmed.
Owens Group will be forced to close its Port Talbot depot with the loss of more than 90 jobs if Tata fails to find a buyer for the town’s steel works, MD Huw Owens has said.