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North East
Insider News
Monday 14 February 2022

LATEST NEWS

 

TOP STORY

A global pipe manufacturer has confirmed that it will bring a £200-300m UK monopile manufacturing facility to Teesworks, creating more than 750 jobs.
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INSIDER FEATURE

Chris Marshall from executive search consultants BlairWest takes a look at how the role of non-executive has changed considerably in recent years.
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DEALS

A tech support provider has secured follow-on investment of £1.65m from Duke Royalty to fund the acquisition of a Newcastle-based IT managed services business.
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NatWest is launching green loans and, through Lombard, green asset finance propositions to help SMEs achieve their sustainability ambitions.
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Online car retailer Cazoo has raised $630m from investors to drive continued growth in the UK and expansion in Europe.
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PROPERTY

Plans to create a 5,000-seat indoor arena on the ex-Coatham Bowl site in Redcar have been scrapped.
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Plans to demolish and redevelop part of Sunderland's Monkwearmouth Hospital, to be replaced with a café and office development, have been resubmitted following refusal from the council in November 2021.
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A new affordable housing development is Chester-le-Street has been given the go ahead.
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Moorfield Group, a UK specialist real estate fund manager, has raised £270m to support developments in the country's largest cities.
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BUSINESS

Tech giant Sage is investing £1.4m in "transformational" programmes across the North East to help address the tech skills shortage and get young people in to work.
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The head of corporate finance at KPMG in the North East has said that the region "remains a fantastic place for fast growth businesses to thrive", following firms in the North attracting more than £220m in Venture Capital (VC) investment in Q4 2021.
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A partnership has been agreed between Scottish and UK ministers to establish two Green Freeports in Scotland.
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Redcar-based Lynas Engineers has appointed a consultant engineer to help develop the business at a strategic level, in line with its growth ambitions.
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A County Durham-based estate agent, with five offices across the region, has recorded its best ever year of selling.
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An expanding Sunderland-based outdoor business, which provides products such as outdoor digital screens, has appointed a commercial director as the group looks to build on its success of 2021.
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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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