Toyota success

The uk car industry was given a much needed boost after Toyota revealed its British operations had finally moved into the black.

The uk car industry was given a much needed boost after Toyota revealed its British operations had finally moved into the black.

The Japanese car maker said its Burnaston assembly plant near Derby and its Deeside engine factory in North Wales made pre-tax profits of £60.2m last year.

It meant that Toyota had finally covered the cost of starting up in the UK 17 years ago.

Time for a laugh

TV company RDF Media took its first step into the world of comedy after sealing a deal worth up to £11m for a Glasgow-based production house.

The Comedy Unit has become RDF's latest acquisition and will bring together Scottish icon Rab C Nesbitt with shows such as Location, Location, Location and Wife Swap.

RDF chief executive David Frank said: "This acquisition moves RDF into the comedy genre with one of the most talented and best managed businesses in the sector."

Fears for Airfix

THE future of model-maker Airfix is in doubt after its parent company went into administration.

Thirty-one staff out of 41 were made redundant at Humbrol on Tuesday after it went into administration due to "severe cash flow pressures" and a disruption in supplies from its principal manufacturer in France.

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Business Editor
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Stuart Rayner
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