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North East
Insider News
Friday 13 May 2022

LATEST NEWS

 

TOP STORY

Northumberland-based sawmill and timber merchant A&J Scott has said it is "trading ahead of expectations", with plans for further investment, on the back of a year where turnover and profits increased.
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INSIDER FEATURE

Mark Convery from Sanderson Weatherall, says I don't know about you but if someone suggested going for a night out, I'd be thinking of a few pints around town and if they said 'do you fancy a game of something?', I'd imagine they would mean a game of pool or at a push maybe 10 pin bowling. But over the last few years there has been a real explosion in experiential leisure and 'Competitive Socialising' has become a buzzword in the industry.
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DEALS

A County Durham-based injection moulding firm has renewed its relationship with NEL Fund Managers to bring in an additional £100,000 investment.
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Mercia Asset Management has confirmed that its first Knowledge-Intensive and annual Enterprise Investment Scheme funds have raised a combined total of £20m in new capital during the past year.
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A distributor of decorative surfaces, which generated revenues in excess of £120m in 2021, has undergone a private equity-backed management buyout from Saint-Gobain, a listed multinational based in France.
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INSIDER FEATURE

Steve Plaskitt, partner at Azets gives his expertise to shareholders in the seeking of vertical integration as protection to inflation and supply shortages.
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How can I safely pass on my cryptocurrency assets to the beneficiaries named in my will while also keeping them secure and safe from hackers? Richard Marshall from Hay & Kilner offers his advice.
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PROPERTY

County Durham-based Lanchester Group has invested in a £20m bottling facility, which will more than double the potential capacity at Greencroft Bottling.
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Plans to transform Hartlepool Station, including bringing a redundant second through platform back into use, have been submitted.
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INSIDER FEATURE

Blyth-headquartered Tharsus is one of the UK's largest manufacturers of commercial robots, with an industry leading reputation creating robotics and tech – known to the business as strategic machines- that deliver competitive advantage and commercial success for its customers. The company's success has been driven by its founder, Brian Palmer, who spoke with Insider's Philip Cunliffe to explain his plans for significant future growth.
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BUSINESS

The chief executive of technology giant Sage has hailed a "strong" first half performance, with increased revenues as a result of strategic investment in sales, marketing and innovation.
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Acquisitive wealth advisory firm Fairstone has made two senior appointments.
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Independent network provider Commsworld has successfully completed works to provide improved connectivity to harder-to-reach areas in Northumberland, as part of its partnership with rural broadband specialist Alncom.
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A group of seven entrepreneurs will benefit from an incubator programme designed to accelerate the growth of fledgling businesses in County Durham.
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Tilney Smith & Williamson has "continued to perform well" during Q1, according to its chief executive, despite a more challenging market backdrop.
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MANUFACTURING

Jaguar Land Rover has posted pre-tax losses of more than £400m for the 2021/22 fiscal year due to the impact of the global chip shortage. However, the group's chief executive said that he is "encouraged" by a record order book.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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