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North East
Tuesday 5 January 2021

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Dealmaker hails ‘many reasons for M&A optimism’

There are many reasons to be optimistic about 2021's M&A market, according to director of corporate finance at Clive Owen, who also hailed the North East's "proven track record of producing strong, robust businesses across a multitude of sectors".
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Insider Feature
Feature 1

Ask the expert: Could your business qualify for financial support to help find Covid-19 solutions?

Alan Welby, director of innovation at the North East LEP, says through a new open innovation programme called Challenge North East, the North East Local Enterprise Partnership (LEP) is offering financial support to SMEs who can help find solutions to two specific Covid-19-related problems.
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Deals

Hargreaves sells coal inventory

Hargreaves Services has sold its entire inventory of speciality coal to its German joint venture HRMS, ending its material direct business interests in coal.
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PE firm buys specialist builders’ merchants for more than £300m

Wolseley UK, a heating and plumbing distribution business, has been sold to a global private equity firm for more than £300m.
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Flutter completes £3bn fantasy sports site stake deal

Flutter Entertainment, the group behind Paddy Power, Betfair and Sky Betting and Gaming, has completed the acquisition of a further stake in fantasy sports site FanDuel for more than £3bn.
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JPI acquired by National World

National World has acquired JPI Media Publishing for £10.2m.
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Business

Calls for further business support in response to new national lockdown

Business organisations have called for more support to help firms through the new national lockdown introduced by the UK government in an attempt to tackle a surge in coronavirus cases.
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Tees Valley Business supports almost 900 firms

Tees Valley Business has helped almost 900 businesses in its first year of operation, which are now on course to create and safeguard more than 900 jobs.
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Online sales make up for store losses at Next

Surging online sales at fashion giant Next compensated for almost all the losses from its stores during the run up to Christmas, new figures have revealed.
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Record Christmas sales for Aldi

Discount supermarket giant Aldi has posted its best ever Christmas sales, driven by strong growth in its online wine and special buy products.
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Promotions at RWO

Newcastle-based civil and structural engineering firm RWO has promoted a number of staff.  
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Property

Wealth management firm on the move in Gateshead

A wealth management firm is set to create a dozen jobs after moving to a larger headquarters in Gateshead.
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LSH’s Newcastle head steps down

A long-standing employee of property consultancy Lambert Smith Hampton (LSH) has stepped down as head of its Newcastle office.
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£25m boost for Sunderland high street

Sunderland has secured a £25m boost for its high street.
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Retailer to double footprint in 2021

County Durham-headquartered etailer Flooring Superstore is targeting 25 store openings for 2021, investing millions of pounds and creating hundreds of jobs in the process.
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New studios for Crafter’s TV

Crafter’s Companion has unveiled its new studio space for digital platform Crafter’s TV.
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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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