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North East
Insider News
Wednesday 18 May 2022

LATEST NEWS

TOP STORY

Battery technology company Britishvolt, which is behind plans for a 30GWh Gigafactory in Blyth, has secured investment from a global shipping company as the companies look to accelerate the decarbonisation of the maritime industry.
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INSIDER FEATURE

Philip Hirst, senior associate at Hollis Global, talks about the new era of real estate in the North East.
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DEALS

The North East experienced a rise in the volume of private equity-funded transactions since Q1 2021, according to a report by Experian MarketIQ.
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Arbuthnot Commercial Asset Based Lending has structured and provided £430m of facilities to SMEs and mid-market businesses across England, Scotland and Wales since launching in 2018.
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A manufacturer of roller garage doors with a UK network of more than 130 franchisees has been acquired by Mayfair Equity Partners. Knights' Corporate team has advised on the deal.
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INSIDER FEATURE

Ian Wilson from Mercia Asset Management PLC, says the North East’s ability to reimagine its economy is well documented. Amidst the backdrop of fast-growth and M&A activity during the green power transition, intrepid sustainable start-ups are seizing the moment. The diverse businesses now ascending are evidence of a new kind of sustainable entrepreneurship emerging in the North East which are distinct but still relate to the region's prior history of endemic entrepreneurship.
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Commercial vehicle specialist North East Truck and Van has dealerships across the North East and other parts of the North of England, employing over 200 people and has been supplying first-class services to customers for other 50 years. Philip Cunliffe caught up with managing director John McDonald to find out the secret to the company’s success.
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PROPERTY

Contractors have been appointed for the demolition of the Castlegate Shopping Centre and Swallow Hotel, and its redevelopment to create Stockton Waterfront.
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Plans have been revealed to establish a £150m residual waste to renewable gas facility at Teesworks, creating hundreds of jobs.
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Plans to create a creative and cultural quarter in North Shields have taken a step forward.
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A family-run gin bar and restaurant is set to open its third venue on Sunderland's sea front.
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INSIDER FEATURE

The insolvency profession has sounded warnings for quite some time about a predicted 'debt tsunami' resulting from the Covid-19 pandemic. Now it looks like it's finally arrived. But what can businesses do to get ahead of the wave? Julie Parr, director of business improvement at Muckle LLP, offers her advice.
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Roland Lee, founding director of Hale, says the increase in requirements for inner city and urban logistics have created greater and greater pressure on land resources in the inner city. This has forced landowners, developers, local authorities, and architects to get creative about how they develop and utilise space in urban areas.
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BUSINESS

Losses have narrowed at Darlington-headquartered Bannatyne Group, with plans for memberships to return to pre-Covid levels by summer.
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The new chief executive of Greggs has officially started in the role.
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Listed touch sensors manufacturer Zytronic has said it is "well placed" to progress in its recovery after sales increased in the first half of the year, but noted that further headwinds are likely.
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Stockton-on-Tees-based EnAppSys has outlined plans to expand its European footprint.  
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Marston's, a brewing and pub giant which operates almost 1,500 sites across the UK, is upbeat after returning to profitability.
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MANUFACTURING

UK heavy goods vehicle (HGV) registrations declined during the first quarter of 2022, according to the latest figures.
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Luxury fashion brand Burberry has grown revenue in its full-year results despite a "continuing challenging external environment".
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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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