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North East
Insider News
Wednesday 15 December 2021

LATEST NEWS

TOP STORY

A Gateshead-based historic fish and chip shop supplier has hailed its staff and outlined plans for further investment following a strong performance with an increase in pre-tax profits, despite challenges faced by the coronavirus pandemic.
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INSIDER FEATURE

Rebecca Petas, senior project manager at Atkins, says community is a social unit that shares something in common. In Atkins' case, the community we refer to surrounds a co-location with a shared interest in making a place their ‘home’.
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DEALS

A Northumberland luxury cake maker has opened a new bakery after securing a five-figure investment from the North East Small Loan Fund supported by The European Regional Development Fund.
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The proposed £919m acquisition of listed video game developer Sumo Group by Chinese technology giant Tencent is set to compete early next year after securing approval from US regulators.
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PureGym, which operates more than 500 venues across the UK and Europe, has secured a £300m investment from private equity firm KKR to support expansion.
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National Express and Stagecoach have reached agreement on the terms of a recommended all-share combination in a deal which will create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people.
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PROPERTY

Construction materials giant Breedon Group has agreed terms for a new office space at DurhamGate.
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A leisure complex which opened in Sunderland just over a year ago has been fully let, creating more than 200 jobs in the process.
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A Newcastle-based property development company has launched a construction arm to support its expansion plans.
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Contracts have been signed for the next stage of the multimillion-pound regeneration of Middlesbrough which will involve the creation of a four-storey 40,000 sq ft grade A office building, with a Tees Valley insurance company confirmed as occupier.
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BUSINESS

Energy services business Sembcorp Energy UK has revealed plans to build Europe's largest battery energy storage system at its site at Wilton International on Teesside, helping the UK to achieve its Net Zero target.
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Net Zero Teesside Power's carbon capture, utilisation and storage project has taken a step forward as the first contracts for a design and development competition have been awarded to two engineering consortiums.
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Newcastle-based law firm Ward Hadaway has been appointed by TOC Property Backed Lending Trust (PBLT) to advise on its recent funding arrangements with Shawbrook Bank, and increase lending activities in the property development sector.
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A South Shields microbrewery has outlined its plans for 2022 following a successful first year of trading.
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A South Tyneside-based energy claims company has appointed a business development executive to help drive its growth plans.
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The new infrastructure division of the Durham-headquartered renewable energy and property company The Banks Group has won its first major contract.
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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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