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North East
Wednesday 21 July 2021

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Top Story

Double DBO deal for Fairstone

Chartered financial planning firm Fairstone has signed up two new firms to its downstream buyout (DBO) model, bolstering its funds under management by about £200m.
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Insider Feature
Feature 1

Business Matters: Why is the real estate sector important in the battle against climate change?

Where does the UK’s real estate sector stand when it comes to tackling climate change? Here Sarah Chicken, development surveyor at Tritax Symmetry, takes a look at the challenges facing this sector and what opportunities there are to make a significant difference to an otherwise bleak future.
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Deals

Supported living company changes hands

Supported living company Interactive Development Support has changed hands.
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NEL Fund Managers secures RLS accreditation

One of the North East's longest-standing investment organisations is looking to further increase the number of regional firms it works with after being confirmed as an accredited provider for the government's new Recovery Loan Scheme (RLS).
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NPIF hits £100m Covid lending milestone

The Northern Powerhouse Investment Fund has reached a £100m Covid lending milestone, having backed more than 270 businesses across nearly 400 transactions since the beginning of April 2020.
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Business

Contractor boost Teesworks staff following contract wins

An industrial services contractor which has been working at the Teesworks site for four years has boosted its workforce following a series of contract wins.
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Loungers buoyed by “post-Covid trends”

Revenues have fallen by more than 50 per cent at Loungers, which operates 175 cafes, bars and restaurants across England and Wales under the Lounge and Cosy Club brands, due to the Covid-19 pandemic. However, the company reported "significant market out-performance" since the reopening of hospitality.
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Property

CPP facilitates multimillion-pound Newcastle deal

Commercial Property Partners (CPP) has facilitated a multimillion-pound deal for the sale of a multi-let office, car park and residential investment in the heart of Newcastle's Quayside.
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Middlesbrough project will ‘continue breathing life’ into town

The developer behind a multimillion-pound office scheme designed to transform the heart of Middlesbrough believes the project will continue to attract jobs and breathe life into the town centre.
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Residential park operator outlines expansion ambitions

A residential park operator with sites across the UK is aiming to spend £50m on property and mobile home parks in the coming 12 months, its boss has told Insider.
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More than 2,000 homes developed by regeneration company

A North East regeneration company has developed more than 2,000 homes in former coal mining villages and communities across County Durham, supported by law firm Ward Hadaway.
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Manufacturing

Support programme launched for NE manufacturing

A new government-backed business support programme, which aims to increase digital technology adoption in North East's manufacturing sector, has launched.
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