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North East
Thursday 8 October 2020

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Losses cut at Spartan UK

Gateshead-based steel company Spartan UK has reduced its losses despite difficult market conditions, with the company also saying that the Covid-19 crisis has not had a "significant impact" on the business.
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Insider Feature
Feature 1

Ask the Expert: Supporting your new virtual team to promote business success

Dianne Sharp, CEO of Sunderland-based learning experience The Leadership Academy, shares her thoughts on the importance of teamwork, particularly in a remote environment.
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Deals

More than half of business angels continue to invest post Covid-19 – report

More than half of UK business angels are continuing to invest post Covid-19, according to the British Business Bank’s UK Business Angels Market report 2020.
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Assetz Capital brings in £1.5m

Peer-to-peer lender Assetz Capital has brought in £1.5m.
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IPO activity ‘on the up’ - EY

IPO activity has started to return to the London Stock Exchange as the UK emerges from lockdown, a new report from EY has found.
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Business

Aurora Care Group eyes further recruitment

Aurora Care Group is creating new jobs on the back of growing demand for its domiciliary care services.
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First increase in permanent placements since February – report

The North East experienced its first increase in permanent job placements during September, according to the latest KPMG and REC UK Report on Jobs.
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Kromek appoints new non-executive director

County Durham-based radiation detection technology company Kromek has appointed a new non-executive director.
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Lockdown hits profits at Vertu

Car retail giant Vertu Motors has reported a reduction in revenue and pre-tax profit as a result of the coronavirus lockdown in new interim results. However, the company's chief executive has hailed the group's "outstanding" performance since restrictions were eased.
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Hundreds of MAG jobs at risk

Hundreds of jobs could be lost across MAG's airport portfolio as it looks to navigate the ongoing pandemic.
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Greene King to permanently close 79 sites

Greene King has revealed it will not re-open 79 sites as restrictions sparked by the Covid-19 pandemic continue.
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Property

University spin-out joins The Biosphere

A Newcastle University spin-out has joined The Biosphere, a specialist lab facility on Newcastle Helix.
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Animmersion secures new office space

Digital visualisation specialist Animmersion UK has secured new office space in Middlesbrough’s Boho Zone as part of its plans for expansion.
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20 jobs created through Teesworks demolition project

A project to decontaminate and demolish five redundant oil tanks on the Teesworks site has created 20 jobs.
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Bentall Business Park reaches full occupancy

Logicor’s Bentall Business Park in Washington is now fully let with two new leases recently signed on the three remaining industrial units.  
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Senior appointments at Thirteen

Middlesbrough-based housing provider Thirteen has appointed four new service directors to its senior management team.
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Beyond Housing launches £1m window replacement scheme

Beyond Housing has launched a £1m window replacement scheme in the borough of Redcar and Cleveland.
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Beer maker agrees lease at Riverside Industrial Estate

Managing agent Whittle Jones has completed the letting of a unit at Riverside Industrial Estate in Langley Park to a Durham brewing company on behalf of Northern Trust.
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Manufacturing

Reece Group returns to pre-tax profit

Newcastle-headquartered engineering firm Reece Group has reported a return to pre-tax profit, bouyed by a 48 per cent surge in sales. The company's director also said that the business is "well placed" to weather the Covid-19 storm.
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Houghton International launches recruitment drive

Electromechanical engineering specialist Houghton International has launched a recruitment drive to support its plans for further growth.
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MHI Vestas moves into Able Seaton Port

MHI Vestas has moved into Able Seaton Port (ASP) in Hartlepool ready to install turbines at the Triton Knoll project in the first quarter of 2021.
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Other News

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