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North East
Insider News
Friday 18 February 2022

LATEST NEWS

TOP STORY

Newcastle-based food and drink canning business CRL Foods has secured £410,000 in funding, which will enable it to purchase new equipment and add additional production lines.
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INSIDER FEATURE

Chris Marshall from executive search consultants BlairWest takes a look at how the role of non-executive has changed considerably in recent years.
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DEALS

Saint-Gobain has agreed a deal to sell a specialist tile distributor in the UK which employs 580 staff and has 89 outlets to Aurelius Investments.
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County Durham-based garage door manufacturer Gliderol has moved to employee ownership.
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Atom Bank has raised more than £75m in new equity as it heads towards an IPO.
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Rail station specialist SLC is eyeing growth after securing investment from infrastructure consultancy firm AECOM.
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Daisy Group has agreed to acquire telecommunications business XLN Telecom, in a deal reported to be worth about £210m. XLN provides more than 100,000 small businesses with essential services including business broadband, phones and card payments. 
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PROPERTY

Plans to revamp and extend a historic hotel located on the Tynemouth seafront have been backed by the council.
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Wilton Universal Group's purchase of a Teesside industrial site, which would create up to 200 new jobs, has moved a step closer after securing a funding deal.
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Poundland is set to open its biggest store in the UK, which will be more than three-times the size of its average store, at Teesside Park next week.
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Revised plans to create 39 hybrid industrial units in North Shields have been backed by the council.
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BUSINESS

Plastic injection moulding company Omega Plastics Group has invested in new equipment, boosting the capability at its Gateshead site.
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The North East chair of insolvency and restructuring trade body R3 has said that businesses in the region should "stay alert" to signs of financial distress following a double-digit rise in the number of corporate insolvencies.
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Newcastle-based law firm Muckle has expanded its litigation team with a new appointment.
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MANUFACTURING

A historic Hartlepool manufacturing company, which celebrated its 165th anniversary last year, has invested into new machinery as part of its plans to increase turnover by 15 per cent in 2022.
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The chief executive of The Royal Mint has spoken to Insider about the profitable new product lines which are driving growth at the UK's longest established manufacturer.
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HGV registrations rose by almost 13 per cent during 2021, according to the latest figures.
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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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