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North East
Insider News
Monday 31 January 2022

LATEST NEWS

 

TOP STORY

Plans for a major housing development on the outskirts of Newcastle, with more than 1,000 properties and hundreds of construction jobs lined up, have been revealed. The project has been designed to boost the affordability of home ownership in the area.
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INSIDER FEATURE

Now may be the time to consider your next role and securing a position in a private equity-backed business offers a great opportunity to participate in a life changing equity event. It is no surprise that these roles are sought after, but how do you seize an opportunity in this space? David Blair from BlairWest offers his advice.
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DEALS

A Teesside-based building restoration company has been acquired by its new managing director, and is now targeting further growth following a six-figure boost from UKSE, the Tata Steel business-support subsidiary.   
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PwC has hailed "record-breaking deal activity" in the North over the past 12 months with further pent-up demand set to play a key role in the economic recovery.
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Start Up Loans has provided more than £44m of funding across more than 5,000 loans to business owners in the North East since 2012, the British Business Bank has revealed.
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The UK financial services industry announced 252 deals in 2021, up from 134 in 2020, representing the highest volume of deals in five years, according to EY's latest M&A analysis. The total disclosed deal value year on year however fell from £31.2bn 2020 to £25.8bn in 2021.
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We Buy Any Car owner Constellation Automotive has taken a significant stake in listed dealer group Lookers.
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INSIDER FEATURE

During the Covid era, holiday parks benefited from massive popularity as people holidayed in the UK. This Insider roundtable, held at Harrogate’s Rudding Park Hotel, assessed the potential for further growth.
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PROPERTY

Plans to transform a grade II-listed building in Newcastle into offices, as part of the Stephenson Quarter regeneration, look set to be backed by the council.
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Plans have been revealed for a housing development in Lanchester which will create nearly 50 homes with affordable housing.
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BUSINESS

Preliminary works to tidy up the site of the 30GWh Gigafactory in Blyth are almost complete, with the chairman of Britishvolt telling Insider that construction is planned to start "with speed" in April 2022.
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The Government has unveiled plans for a regeneration programme which will transform 20 towns and cities across the country.
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GDP in the North East is expected to grow by 4.5 per cent in 2021, according to new analysis by KPMG UK.
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Global marine insurer North P&I has expanded its growing workforce with the recruitment of two senior staff to its Sunderland marine division.
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Newcastle-based digital marketing agency Mediaworks has added to its senior team with the appointment of a new group people director.
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MANUFACTURING

UK commercial vehicle (CV) production grew during 2021 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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