Wednesday 8 December 2021

A Yarm-based bioethanol plant operator believes it is in a good position with a strong balance sheet, despite coming up against the challenges brought about by the coronavirus pandemic, in a year that saw the company bolster its volume of industrial grade hand sanitiser-suitable alcohols to assist the country-wide effort of navigating the crisis.
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Stephen Ayers, regional director- North East at razorblue, says over the last few years, cloud computing has exploded as work went virtual and businesses adapted to the pandemic by focusing on the delivery of digital services.
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Private equity-backed communications technology provider Onecom has acquired a North East-based telecoms company in its fourth transaction of the year.
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A Durham-based 'slow fashion' brand is aiming to grow its sales after securing a five-figure investment from the North East Small Loan Fund Supported by The European Regional Development Fund.
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Fiduciam has been accredited by the British Business Bank as a lender under the government's Recovery Loan Scheme (RLS).
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Mid-market private equity firm LDC has exited its investment in a provider of portable and temporary traffic equipment, to 3i Infrastructure plc. SRL Traffic Systems has a nationwide network of 30 depots.
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The CMA has found that the proposed merger of Veolia and Suez could lead to a loss of competition in the supply of several waste and water management services in the UK.
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Lee Humble from MHA Tait Walker says as we rapidly head towards 2022, we in the deal community look back at what has been an incredibly busy period for mergers, acquisitions and capital raising. Deal volumes have generally been at record levels, with the combination of COVID-19, Brexit and tax changes (and particularly rumoured change) driving vendors toward objectives which may have previously remained a few years away.
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Following the autumn Budget and publication of the government's 'Business Rates Review - Final Report' it transpires that whilst there will be some changes to the way in which business rates are administered, the way in which business rates are calculated will remain the same. Read what Sanderson Weatherall's rating experts thought of the changes.
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Plans for a residential development with 59 homes in Peterlee look set for approval from the council.
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A £10m Sunderland care home, which will provide specialist mental health services across the region and beyond, has officially opened.
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Whitestone Business Park, which consists of 28 multi-let units and seven terraces, has been purchased.
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Real estate consultancy Knight Frank has won a property management contract to run Sunderland's new city hall.
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Two Tees Valley businesses have been awarded funding to help develop fuel for a government-backed scheme to create a plane powered by liquid hydrogen.
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Durham-headquartered Hargreaves Services has said that all of its business segments are trading 'in line with its expectations' and it expects to report an increase of pre-tax profits in its next set of results.
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A North East-based business growth specialist, who has experience helping businesses locate to the region, has set up her own business support consultancy.
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Construction, mining and forestry equipment manufacturer Komatsu has unveiled its intake of new recruits and an in-house promotion at its Chester-le-Street plant.
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The light commercial vehicle market recorded the best November in its history, according to new figures.
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