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North East
Insider News
Thursday 12 May 2022

LATEST NEWS

 

TOP STORY

Newcastle-based financial and technology services group True Potential has grown its profits by more than 80 per cent in its latest financial results.
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INSIDER FEATURE

Blyth-headquartered Tharsus is one of the UK's largest manufacturers of commercial robots, with an industry leading reputation creating robotics and tech – known to the business as strategic machines- that deliver competitive advantage and commercial success for its customers. The company's success has been driven by its founder, Brian Palmer, who spoke with Insider's Philip Cunliffe to explain his plans for significant future growth.
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DEALS

A Durham-based insurance company has been acquired by Global Risk Partners (GRP), as part of its plans to expand its geographical reach.
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BT Group has entered into a set of definitive agreements with Warner Bros Discovery Inc to establish a joint venture to create a new sport offering for the UK and Ireland.
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Bathroom and kitchen products group Norcros has conditionally agreed to acquire a designer, manufacturer and supplier of waterproof bathroom wall panels for an enterprise value of £80m, with an additional potential earnout of up to £12m.
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INSIDER FEATURE

Mark Convery from Sanderson Weatherall, says I don't know about you but if someone suggested going for a night out, I'd be thinking of a few pints around town and if they said 'do you fancy a game of something?', I'd imagine they would mean a game of pool or at a push maybe 10 pin bowling. But over the last few years there has been a real explosion in experiential leisure and 'Competitive Socialising' has become a buzzword in the industry.
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Steve Plaskitt, partner at Azets gives his expertise to shareholders in the seeking of vertical integration as protection to inflation and supply shortages.
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PROPERTY

Listed property company Grainger has reported increases in adjusted earnings and rental income, with further growth expected as the UK rental market continues to have a "hugely attractive outlook".
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Offshore services company Seajacks has agreed a deal with PD Ports to bring its UK Marine base to the Tees Valley.
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A historic pub in Hexham is set to be restored, after securing a grant as part of a wider scheme to revitalise the town's historic centre.
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INSIDER FEATURE

How can I safely pass on my cryptocurrency assets to the beneficiaries named in my will while also keeping them secure and safe from hackers? Richard Marshall from Hay & Kilner offers his advice.
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BUSINESS

County Durham-based recruitment firm Populus Select has grown its revenue by 20 per cent, as a result of overseas instructions and investment within STEM industries.
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The fastest growing and most promising tech companies in the North of the UK have until this Friday to enter the 2022 Northern Tech Awards.
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Vistry Partnerships North East has appointed a new operations director.
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Energy giant Shell UK is accelerating its plans to install EV charging points across the UK, with a target of 90 per cent of drivers to be within a ten-minute drive of a Shell rapid charger by 2030.
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The chief executive of Superdry has expressed excitement at the progress the company is making in returning the brand "to a premium position".
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MANUFACTURING

British Steel has extended its agreement to supply Network Rail.
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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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