Today's North East business news from Insider |
Latest News | 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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Lee Humble, associate partner at MHA Tait Walker talks through the options for selling a business.
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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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A bridging and development finance lender launched during the Covid-19 pandemic has secured funding support from Shawbrook Bank.
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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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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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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 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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A new chief executive has been named by the London Stock Exchange Group.
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A tenant has been secured for the entirety of the One Carliol Square development in Newcastle.
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Clearbell has secured two new occupants for The Riverwalk in Durham.
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Keepmoat Homes is set to create more than 60 jobs as work gets underway on a £14m project in Newcastle.
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Plans to transform the historic gate houses at the entrance to the Mount Oswald estate in Durham have been approved.
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A major expansion is planned for the mental health unit at Queen Elizabeth Hospital in Gateshead.
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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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