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North East
Tuesday 8 December 2020

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Top Story

“Encouraging momentum” for Redde Northgate

Commercial vehicle hire business Redde Northgate has said there is "encouraging momentum" in the group, with the business performing ahead of expectations despite the impact of the ongoing Covid-19 pandemic. In the first half of its financial year, revenues jumped by more than 55 per cent, topping £550m.
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Insider Feature
Feature 1

Ask the expert: I want to sell my business but don’t know who to sell to

Lee Humble, associate partner at MHA Tait Walker talks through the options for selling a business.
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Deals

UKRI funding for EV battery project

The Materials Processing Institute has been awarded UK Research and Innovation (UKRI) funding to develop techniques to recover lithium and graphite from used electric vehicle (EV) batteries.
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New lender secures Shawbrook Bank backing

A bridging and development finance lender launched during the Covid-19 pandemic has secured funding support from Shawbrook Bank.
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Alchemy urges Countrywide to take no action on upped Connells offer

Private equity firm Alchemy Partners, which is working with Countrywide on a possible £70m recapitalisation, has urged the estate agency group to take no action on Connells increased offer for the business.
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Insider Feature
Feature 2

Business Matters: Freeports - Next steps

Teesworks is one of the largest brownfield investment sites in Europe and also has the deepest berth. It was almost designed to fit the criteria of a physical Freeport and is anticipated to be one of the first to receive the designation. The North East LEP proposal will be very different , although potentially complimentary to the Teesworks proposal. Neil Warwick of international law firm DAC Beachcroft looks at the context and latest developments in the Government’s Freeport concept.
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Business

Visualsoft breaks Black Friday records

Online retail spending through the Visualsoft platform during the 2020 Black Friday and Cyber Monday weekend reached almost £26m for the first time.
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Begbies reports “strong financial performance”

Begbies Traynor Group has reported a "strong financial performance" for the first half of its financial year. Executive chairman Ric Traynor said the business was "well placed to invest in our successful organic and acquisitive growth strategy".
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New CEO named for London Stock Exchange

A new chief executive has been named by the London Stock Exchange Group.
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Property

Tenant secured for One Carliol Square

A tenant has been secured for the entirety of the One Carliol Square development in Newcastle.
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New tenants join The Riverwalk

Clearbell has secured two new occupants for The Riverwalk in Durham.
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Keepmoat to create Newcastle jobs

Keepmoat Homes is set to create more than 60 jobs as work gets underway on a £14m project in Newcastle.
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Green light for historic gate house transformation

Plans to transform the historic gate houses at the entrance to the Mount Oswald estate in Durham have been approved.
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Major expansion for Gateshead mental health unit

A major expansion is planned for the mental health unit at Queen Elizabeth Hospital in Gateshead.
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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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