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North East Thursday 19 August 2021

LATEST NEWS

TOP STORY £28m boost for new challenger bank A new challenger bank based in Middlesbrough has secured a £28m investment to help 'level up' the North. Read More

INSIDER FEATURE Business Matters: When attracting equity investment to the North we shouldn't just level up, we should leapfrog! Estelle Blanks, CEO at Innovation SuperNetwork offers her advice on attracting equity investment to the North. Read More

DEALS Comms firm acquired by 200-strong group A North East communications firm has been acquired by Communications Plus, which has a 200-strong team across 21 locations. Read More Recycling firm scales up with funding A North East recycling business is scaling up its operating capacity and turnover targets after securing a six-figure investment from the North East Growth Capital Fund Loan Fund supported by the European Regional Development Fund. Read More High growth firms raise £19bn from foreign investment-backed deals High growth companies in the UK have raised £19bn in deals involving foreign investors in the last three years, according to a report from Barclays and Beauhurst. Read More UK contributes to low carbon M&A - report There were 140 low carbon mergers and acquisitions globally in the first half of 2021, according to Deloitte, with the UK completing 11 transactions. Read More

PROPERTY Northern Spire helps client to relocate Sunderland-based financial services specialist Northern Spire has supported a client in securing its premises. Read More Equestrian firm expands Aztec Diamond Equestrian has expanded its operations within the Northern Trust portfolio. Read More

BUSINESS PwC bolsters NE deals team PwC has bolstered its North East deals capacity with the appointment of a new director and the recruitment of three new members to the team. Read More Further growth for DAC Beachcroft International law firm DAC Beachcroft has reported a seventh successive year of simultaneous revenue growth, increased profitability and improved liquidity. Read More HR firm eyes growth as new MD takes reins A family-owned HR consultancy is creating jobs and increasing its presence in the North East, as it begins a new chapter under its second generation of leadership. Read More Hays appoints new MD for Yorkshire and the North Recruitment specialist Hays has appointed a new managing director for its Yorkshire and the North region. Read More Staff shortages slow UK’s economic growth – report Staff shortages and rising input costs slowed the pace of the UK's economic growth during July, according to the Lloyds Bank UK Recovery Tracker. Read More “Exceptionally challenging” year for Rank Group Revenues dropped by £300m at Rank Group, which is behind the Mecca and Grosvenor Casino brands, in what the business described as an "exceptionally challenging" year. Read More

MANUFACTURING Gestamp invests in manufacturing developments Car parts manufacturer Gestamp is investing in a range of new manufacturing developments at its Newton Aycliffe operation to support four major contracts. Read More

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UPCOMING EVENTS 16 Sep Insider North East Dealmakers Awards 2021 22 Sep Insider North East Property Awards 2021 21 Oct Insider Made in the North East Awards 2021

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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