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North East
Insider News
Friday 26 November 2021

LATEST NEWS

TOP STORY

Outline plans have been submitted for a major Durham development that would create more than 1,500 homes, alongside a new primary school, local community centre and park.
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INSIDER FEATURE

Shaun Fooy, North East senior manager at the British Business Bank, discusses the big issues impacting smaller businesses in the North East and the need to address regional and sub-regional disparities in access to finance.
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DEALS

Ryecroft Glenton Corporate Finance and RG tax has advised a smart energy technology company on the strategic acquisition of GenGame, a specialist in consumer energy technology and app development.
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The CMA has provisionally found that the proposed merger of Cargotec and Konecranes raises competition concerns in the supply of container handling equipment. Konecranes and Cargotec said they disagreed with the CMA's provisional conclusions.
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PROPERTY

Plans have been approved for the multimillion-pound refurbishment and extension of the historic Durham Miners Hall.
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Plans for the demolition of part Sunderland's Monkwearmouth Hospital, to be replaced with a café and office development for NHS trust staff, look set to get the go ahead from the council.
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Progress is being made on the £7.7m Discovery Special Academy project for the Department for Education.
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BUSINESS

North-Shields based wholesale company Kitwave Group is 'pursuing its next phase of growth' after reporting a strong second half to the year, with trading ahead of revenue expectations and volumes in most business segments returning to pre-pandemic levels.  
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A new North East talent and resourcing consultancy has exceeded its turnover goals and is now planning on expanding its team after a successful first year in business.
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A software platform built by a Durham-based IT consultancy, that is designed to help schools improve attendance, is due to be rolled out across the UK following a successful trial.
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A Sunderland-based architects' practice has made a senior hire, after expansion has seen it grow from a team of nine to 22 in two years.  
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A Newcastle-based digital products agency has helped launched a salary sacrifice scheme to incentivise access to electric vehicles at affordable rates.
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MANUFACTURING

Pre-tax profits have risen at the UK arm of Swedish vehicle making giant Volvo despite Covid-19's impact on the manufacturing sector.
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Property investor and developer UK Land Estates has begun construction on a new development on Tyneside in response to rising demand for industrial and distribution space.
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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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