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North East
Monday 14 June 2021

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Top Story

Newcastle Helix PRS plans set for step forward

Plans to build a private rented sector (PRS) housing scheme in the centre of Newcastle - which could rise to 13 storeys and provide almost 200 apartments - have been recommended for approval. It comes two years after a similar project was blocked by the city council.
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Insider Feature
Feature 1

Ask the expert: Challenging traditional thinking on office design

How are offices changing? We're challenging traditional thinking says Simon Grundy, commercial interior designer, to create places where people can reconnect, recharge and be inspired.
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Deals

NE firms work on Fairpoint deal

Fairpoint Engineering has struck a deal to buy part of Komatsu, with North East advisers working on the transaction.
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Fuel Ventures lines up £45m tech firm fund

Early-stage venture capital firm Fuel Ventures is launching a £45m investment fund for tech businesses across the UK.
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Together issues second commercial real estate MBS

Together Financial Services has completed on its second public small balance commercial real estate mortgage-backed securitisation (MBS), topping out at £249m.
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Insider Feature
Feature 2

Ask the expert: Do you know what you are buying?

Lee Humble from MHA Tait Walker says M&A markets have been moving at break-neck pace for some time and as an adviser he works with multiple clients who have braved Covid conditions and have emerged in good shape, with a large number now pursuing acquisitive growth strategies. He looks at how firms eyeing acquisitions should proceed, what the process involves and the prevailing risks.
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Business

North and Midlands director for British Business Bank

The British Business Bank has appointed a new director to oversee its UK Network team across the North and Midlands.
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Civil engineering firm hired for NE wind projects

A civil engineering company has been awarded a contract on two major offshore wind energy developments in the North East of England.
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GDP rises at fastest rate since July 2020

The UK economy experienced its fastest monthly growth since July 2020 in April, the Office for National Statistics has said.
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Property

Green light for multi-sport hub plans

Plans to redevelop a Newcastle sports ground into a multi-sport hub facility have been approved.
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Shopping centre kiosk proposals blocked

Plans to erect a new building with mixed-use kiosks at Newbiggin Hall Shopping Centre in Newcastle have been blocked.
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Manufacturing

Kromek secures US contract

Detection technology specialist Kromek has been awarded a contract by an agency of the US Department of Defense for the second phase of its development of a biological threat detection system.
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Other News

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