Thursday 19 May 2022

A Blyth-based human resources consultancy has outlined its plans to enhance its international presence and look at future acquisition opportunities after securing a five-figure investment.
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Ian Wilson from Mercia Asset Management PLC, says the North East’s ability to reimagine its economy is well documented. Amidst the backdrop of fast-growth and M&A activity during the green power transition, intrepid sustainable start-ups are seizing the moment. The diverse businesses now ascending are evidence of a new kind of sustainable entrepreneurship emerging in the North East which are distinct but still relate to the region's prior history of endemic entrepreneurship.
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A proposed cash offer for HomeServe, which values the home repairs and improvements business at £4.07bn, is to be recommended to shareholders.
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The acquisition of property search and conveyancing services provider TM Group by Dye & Durham could lead to a worse deal for homeowners, the Competition and Markets Authority (CMA) has provisionally found. The watchdog believes that the only effective way to address the issues it has identified would be for TM Group to be sold to a suitable buyer. Dye & Durham said it disagreed with the CMA's provisional findings and is "evaluating its potential options".
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A child's bike subscription service is gearing up for national and European expansion after closing a £16.75m investment.
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Commercial vehicle specialist North East Truck and Van has dealerships across the North East and other parts of the North of England, employing over 200 people and has been supplying first-class services to customers for other 50 years. Philip Cunliffe caught up with managing director John McDonald to find out the secret to the company’s success.
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The insolvency profession has sounded warnings for quite some time about a predicted 'debt tsunami' resulting from the Covid-19 pandemic. Now it looks like it's finally arrived. But what can businesses do to get ahead of the wave? Julie Parr, director of business improvement at Muckle LLP, offers her advice.
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Connectivity services company Trench Networks has expanded into a new office space in South Tyneside to meet growing demand for its services.
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Work has started to bring forward the second phase of a County Durham residential development, which will create hundreds of homes.
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A Middlesbrough-based real estate advisory firm has launched to attract inward investment to the UK.  
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Roland Lee, founding director of Hale, says the increase in requirements for inner city and urban logistics have created greater and greater pressure on land resources in the inner city. This has forced landowners, developers, local authorities, and architects to get creative about how they develop and utilise space in urban areas.
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Philip Hirst, senior associate at Hollis Global, talks about the new era of real estate in the North East.
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Darlington-based Redde Northgate has said it is looking forward to another year of progress, following strong trading with an increase in total group revenues.
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Newcastle-based Square One Law has made a partner promotion within its property team.
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Losses have narrowed at Newcastle United, according to their latest financial results, which cover the 2020/21 campaign.
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A Durham-based outdoor advertising business is introducing real-time audience monitoring technology, which helps to create more targeted campaigns, into its portfolio, following a successful trial.
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Begbies Traynor Group expects to report rises in revenues and profits in its latest financial year, with growth driven by recent acquisitions. The company said it plans to make further buys to "build our scale and range of complementary services".
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The UK's new bus and coach market grew by almost 50 per cent during the first quarter of 2022, according to the latest figures, but remained below pre-pandemic levels.
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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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