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North East
Wednesday 2 September 2020

Latest News

Top Story

Go-ahead tipped for 258-bed student accommodation plans

Plans for the construction of two student accommodation blocks containing a total of 258 rooms at the University of Sunderland's City Campus have been recommended for the go-ahead.
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Insider Feature
Feature 1

Ask the expert: management buyouts - is now the time?

Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Deals

Consortium launches tourism campaign with government backing

A consortium of destination management organisations has joined forces to launch a campaign promoting tourism in NewcastleGateshead, North Tyneside and Northumberland with the support of government funding.
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Deal creates 150-strong distribution firm

Antifriction Components, which supplies critical moving parts for industry, has acquired the industrial arm of the BRT Group in a deal which will create a 150-strong distribution firm.
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Wealth management and professional services merger completes

The merger of Tilney and Smith & Williamson has completed, creating a wealth management and professional services group with more than £47bn of assets under management.
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Business

North East LEP appoints new chair

The North East Local Enterprise Partnership (LEP) has confirmed the appointment of a new chair of its board.
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RAC eyes continued growth as profits surge

Breakdown giant RAC "remains on track" to achieve its ninth consecutive year of growth after profits surged during the first half of its financial year.
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The Gym Group “well placed” despite slipping to a loss

The chief executive of The Gym Group has said that the business is "well placed" for the future despite slipping to pre-tax loss as a result of Covid-19, according to new interim results.
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Property

New housing plans tipped for refusal

Plans to develop almost 100 new homes in Middlesbrough have been recommended for refusal ahead of a planning committee meeting later this week.
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Next completes Sunderland expansion

Next has completed the expansion of its store at the Bridges in Sunderland with the opening of its new homewares department.
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Bungalow scheme set for green light

A proposed bungalow development aiming to bring almost 40 new homes to Middlesbrough looks set to receive the green light.
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Volvo showroom plans set to accelerate

Proposals to develop a new two-storey Volvo showroom in Sunderland look set to accelerate after receiving a thumbs up recommendation ahead of a planning committee meeting later this week.
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Framework outlined to reduce nuclear plant construction costs

The nuclear industry has set out a framework to cut the cost of constructing new power stations in the UK, according to a new report from the Cost Reduction Working Group of the Nuclear Sector Deal.
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Profits almost halve as Covid hits housebuilding giant

Pre-tax profits almost halved during Barratt Developments' latest financial year because of the Covid-19 pandemic, new figures have revealed. The listed company's revenue also fell by nearly 30 per cent.
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Manufacturing

New skills academy to be launched for Teesworks site

Tees Valley mayor Ben Houchen has revealed plans to launch a new academy designed to give local people the skills needed to take advantage of the new jobs that are being created at the Teesworks site.
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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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