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North East
Friday 26 February 2021

Latest News

Top Story

Atom to raise £40m as it eyes IPO

Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders in a bid to pave its way to profitability as it eyes an initial public offering (IPO)
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Insider Feature
Feature 1

Business Matters: North East Mergers & Acquisitions Review 2020

Charlotte Tracy, North East corporate finance lead for PwC, looks back at some of the biggest mergers and acquisitions that took place in 2020 across the region.
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Deals

Transmit hits £100m milestone

Gateshead-based Transmit Startups has supported thousands of members of the UK business community with £100m worth of funding since it was set up.
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Almost £73bn provided to firms under coronavirus lending schemes

Almost £73bn in finance has now been provided to more than 1.6 million businesses across the UK through government-backed coronavirus lending schemes, according to figures published by HM Treasury.
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Business

LEP launches life sciences strategy

A new strategy designed to double the number of North East jobs in the health, life sciences and pharmaceuticals industry has been launched.
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More than £200m invested in mine project following 2020 acquisition

Mining giant Anglo American has invested more than £200m in the Woodsmith Project following its acquisition of the North Yorkshire and Teesside mine last year, according to its full-year results.
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Trustack supports clothing brand’s expansion

Managed services provider TruStack is supporting a North East outdoor clothing brand with its global ambitions.
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Asda sets out proposals in response to changing retail demands

Asda has begun consultation with about 5,000 staff potentially affected by planned changes to its business but said 4,500 roles would be created in its online operations with year.
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Funding awarded for global flood risk project

A project to better predict global flood risk has secured grant funding from the Natural Environment Research Council (NERC).
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Property

Land deal agreed for Billingham waste gasification and power plant

A subsidiary of EQTEC, a gasification technology specialist for sustainable waste-to-energy projects, and Scott Bros Enterprises have signed a conditional purchase agreement relating to the land on which the proposed Billingham waste gasification and power plant at Haverton Hill will be constructed.
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Historic Newcastle site on the market

A building which has been standing in Newcastle for more than 300 years has been placed on the market, with the potential to become housing or a hotel.
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Manufacturing

New fuel to be made on Teesside

A new, lower emission petrol is set to be rolled out across the UK and will be produced in Teesside, securing jobs in the area.
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Other News

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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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