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North East
Thursday 8 July 2021

Latest News

Top Story

Funding boost for major railway station plans

"Transformational" plans to revamp Sunderland's central train station have moved forward with a £26m boost.
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Insider Feature
Feature 1

Ask the expert: How to be your own boss through franchising

Imogen Clarke, head of franchise development at home care franchise business Home Instead, shares her insights into franchising and how the model helps people to be their own boss.
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Deals

Maven completes £7.4m funding round

Maven has completed a £7.4m series A investment into the North East company behind an employee engagement platform.
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Energy broker secures £250k to expand team

A North East business energy broker is creating a number of jobs after securing a six-figure investment from the North East Growth Capital Fund, supported by the European Regional Development Fund.
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Buoyant half-year for northern dealmakers

Dealmakers in the North of England have enjoyed an active first half of 2021, according to new data, with private equity houses completing 30 transactions worth £10.4bn.
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Management teams showing “increasing appetite and ambition for growth”

LDC, the private equity arm of Lloyds Banking Group, provided £180m of investment to back eight new management teams and to support its portfolio companies in the first half of 2021. The firm said the investments demonstrated an "increasing appetite and ambition for growth" among the management teams of UK mid-market businesses.
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Business

Software firm eyes growth after expansion

A Newcastle-headquartered software specialist is eyeing UK-wide growth on the back of its expansion into Manchester, the company's co-founder and chief executive has told Insider.
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New head of corporate and commercial at Jacksons

Stockton law firm Jacksons has appointed a new partner and head of corporate and commercial.
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Revenue rockets by more than 50 per cent at Redde Northgate

Revenue has rocketed by more than 50 per cent at commercial vehicle hire business Redde Northgate.
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Double milestone for Atom Bank

Atom Bank has passed the £3bn mortgage completion milestone and hit £1bn in savings.
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Jet2 slips to £370m loss following Covid-19 impact

Jet2 has reported a loss of more than £370m in its full-year results after Covid-19 international travel restrictions led to the grounding of its aircraft for more than half the year.
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Prominent appointments at Northern Gritstone

Northern Gritstone, an investment company founded by the Universities of Leeds, Manchester and Sheffield to facilitate the commercialisation of university science and technology-related IP, has appointed big names to the roles of non-executive chairman and chief executive.
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UNW hails audit growth

Newcastle-based chartered accountancy and business advisory firm UNW has strengthened its audit and assurance offering in the wake of new client wins.
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Property

Former pub set for apartments conversion

A former Gateshead pub looks set to be transformed into a residential scheme.
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Discount retailer acquires land at Ashington scheme

Multimillion-pound plans to transform Ashington town centre have taken another step forward after Advance Northumberland completed the sale of land to national retailer Home Bargains.
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Other News

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