Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of ...

Kent-headquartered model-maker Hornby is set to sell its loss-making subsidiary LCD Enterprises Limited (LCD), which makes Oxford Diecast miniature models, as a part of a move to rationalise its ...

Hornby has confirmed it has reached a conditional agreement to sell one one of its model vehicle brands, Oxford Diecast, to a company owned by the Thanet firm’s former chief executive.

The sale will see EKD take control of the Oxford Diecast brand, which was started in 1993 and is one of the world’s largest manufacturers of 1:76 scale models. Hornby said Oxford Diecast made a ...

The group told shareholders on Tuesday it would sell Oxford Diecast owner LCD for around £1.4million to EKD Enterprises, a business owned by the family of chair Lyndon Davies who is set to step ...