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North East Friday 14 January 2022

LATEST NEWS

TOP STORY Food wholesaler confident despite challenging period A family run Billingham-based food supplier has said it is 'confident' moving forward, with sales back to pre-lockdown levels, despite a drop in turnover in its latest filed accounts as a result of the challenges arising from the coronavirus pandemic. Read More

INSIDER FEATURE Ask the expert: The mergers and acquisitions deal market Steve Plaskitt, head of corporate finance at MHA Tait Walker, looks ahead to growth and changes in the deal market in 2022, the hot sectors and the implications for deals. Read More

DEALS EY North dealmakers advise on £2bn deals in Q4 EY's North strategy and transactions teams acted on 14 deals worth £2bn in Q4, taking the total activity in 2021 to more than 60 deals worth £9bn. Read More Court sanctions £919m Sumo Group acquisition The £919m acquisition of listed video game developer Sumo Group by Chinese technology giant Tencent is set to compete next week after it was sanctioned by the High Court. Read More Weightmans and RadcliffesLeBrasseur to merge Law firms Weightmans and RadcliffesLeBrasseur are to merge, it has been revealed. Read More

PROPERTY Architecture firm appointed to transform Newcastle Quayside NE1 has appointed a global architecture firm to help shape the vision for Newcastle's Quayside. Read More Stockton Council to redevelop town ‘eyesore’ Stockton-on-Tees Council has reached an agreement to take control of a vacant 'eyesore' with plans for its demolition and redevelopment as part of Thornaby's £23.9m town deal. Read More Record breaking year for property group Newcastle-based iamproperty Group ended 2021 with record breaking auction results, following a transformative year for the property market and the increased popularity of the modern method of auction (MMoA). Read More Green light set for Durham care home A new care home, which could create between 50 and 60 jobs in Durham, looks set to be backed by the council. Read More

BUSINESS Bellway appoints new chairman Housebuilder Bellway has appointed a former Redrow chief executive as its next chairman, following Paul Hampden Smith's decision to retire from the board. Read More Financial technology firm secures £1.3m contract Newcastle-based financial technology company ION has secured a record £1.3m contract with a Nottingham firm. Read More GB Bank unveils chief operating officer North East challenger bank GB Bank has revealed the appointment of its chief operating officer to support the bank's strategy to provide lending to underserved regions of the UK. Read More Recruitment drive at chartered accountants Northumberland-based chartered accountancy firm Greaves West & Ayre has hired 24 new team members following one of the busiest periods in its 100-year history. Read More Card Factory trading ahead of expectations after strong Christmas High street gift card retailer Card Factory has traded ahead of expectations, with particularly strong sales in the run up to Christmas. Read More

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UPCOMING EVENTS 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 21 Jul Insider Made in the UK Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More Best Places to Meet The region's top places to hold events, conferences and meetings. Read More

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