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North East
Insider News
Tuesday 30 November 2021

LATEST NEWS

 

TOP STORY

Sykes Holiday Cottages has expanded its UK property portfolio with the acquisition of a Northumberland-based holiday cottage company.
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INSIDER FEATURE

Shaun Fooy, North East senior manager at the British Business Bank, discusses the big issues impacting smaller businesses in the North East and the need to address regional and sub-regional disparities in access to finance.
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DEALS

Stockton-based OPPORTUNI, which provides tools to small and medium sized companies to bid for government contracts, has acquired the procurement website Bidstats.
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Insolvency litigation financing firm Manolete has secured a £35m finance package from HSBC UK to support its future growth plans.
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Tech investor Tenzing has revealed the close of its Tenzing Belay I fund, which provides the firm with additional capital, allowing it to underwrite equity investments of about £150m in businesses across the UK and Northern Europe.
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PROPERTY

A property and investment company has added a new retail parade to its portfolio after acquiring Parkway Shopping Centre in Middlesbrough.
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Plans for a new holiday and leisure complex in Northumberland could create upwards of 20 jobs during the construction phase along with the creation of five full time and 15 part time roles.
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A North East financial services firm has relocated to its new office following a recent recruitment drive and anticipated growth.
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BUSINESS

Professional services giant Accenture has outlined plans to create 3,000 roles over the next three years, with a focus on three Northern cities including Newcastle.
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GB Bank has appointed a new chief financial officer.
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Swinburne Maddison has revealed an appointment and promotion following its "busiest year to date" with increased workload in all parts of the business.
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BAM Nuttall has been appointed as the principal contractor to build the new southern entrance at Sunderland's train station, following council approval for the development in the summer.
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Turnover has soared to more than £1.4bn at parcel delivery giant Hermes UK as growth in online retail during the pandemic led to a sustained increase in demand for its services.
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MANUFACTURING

Nissan has hailed the importance of its Sunderland plant during a press conference where it unveiled plans to spend more than £13bn on electric vehicles over the next five years.
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UK commercial vehicle production grew by almost 20 per cent during October but remained below pre-pandemic levels, according to new 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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