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North East Monday 14 February 2022

LATEST NEWS

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

INSIDER FEATURE Business Matters: The importance of a non-executive chair for invested businesses, and the value they add Chris Marshall from executive search consultants BlairWest takes a look at how the role of non-executive has changed considerably in recent years. Read More

DEALS Follow-on investment facilitates acquisition 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. Read More Natwest to launch green loans for SMEs NatWest is launching green loans and, through Lombard, green asset finance propositions to help SMEs achieve their sustainability ambitions. Read More Cazoo raises $630m to drive continued growth Online car retailer Cazoo has raised $630m from investors to drive continued growth in the UK and expansion in Europe. Read More

PROPERTY Redcar indoor arena plans scrapped Plans to create a 5,000-seat indoor arena on the ex-Coatham Bowl site in Redcar have been scrapped. Read More Hospital development plans resubmitted following refusal 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. Read More Green light for affordable housing development A new affordable housing development is Chester-le-Street has been given the go ahead. Read More Real estate fund manager raises £270m Moorfield Group, a UK specialist real estate fund manager, has raised £270m to support developments in the country's largest cities. Read More

BUSINESS Sage invests £1.4m to address digital skills gap 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. Read More North East remains “fantastic place” for thriving businesses - report 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. Read More Deal agreed to establish Green Freeports in Scotland A partnership has been agreed between Scottish and UK ministers to establish two Green Freeports in Scotland. Read More Recruitment set to boost growth at engineering firm Redcar-based Lynas Engineers has appointed a consultant engineer to help develop the business at a strategic level, in line with its growth ambitions. Read More Record year for estate agency A County Durham-based estate agent, with five offices across the region, has recorded its best ever year of selling. Read More Senior hire at outdoor business 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. Read More

OTHER NEWS UK-wide Top Companies Database - contact thousands of senior decision makers by email, telephone and post

UPCOMING EVENTS 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More Best Places to Meet The region's top places to hold events, conferences and meetings. Read More

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