Renishaw scoops Business of the Year prize

The engineering firm Renishaw, described by the judges as 'an irreplaceable business', has been awarded the Grant Thornton Mid-Cap Business of the Year title at the National Business Awards

The award citation read by BBC presenter and awards host John Humphrys said: "Renishaw is not only exporting British designed and British manufactured products to over 30 countries, but attracting more graduates into manufacturing at the same time. For developing innovative products that significantly advance its customers' operating performance, the judges described Renishaw as 'an irreplaceable business'. Ben Taylor, Renishaw's Assistant Chief Executive, said he was delighted to win the award and "recognition that UK manufacturing was alive and well".