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North East
Wednesday 16 September 2020

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Redde Northgate boss “proud” despite taking Covid-19 hit

Pre-tax profit at integrated mobility services provider Redde Northgate fell as a result of Covid-19, according to new preliminary results, but the group's chief executive has said that he is "immensely proud" of his team for their response to the pandemic.
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Insider Feature
Feature 1

Ask the expert: The impact on company valuations following the pandemic

Steve Plaskitt, partner at MHA Tait Walker, shares his expertise on the impact on company valuations following the pandemic.
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Deals

Pacifica Group completes TK Garnham acquisition

Houghton-le-Spring-based Pacifica Group has strengthened its domestic appliance services division with the acquisition of East Anglia business TK Garnham & Sons.  
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Dunston brewery grows with five-figure investment

A Dunston-based brewery has implemented growth plans after securing a five-figure investment from the North East Small Loan Fund. The business has also established a crowdfunding campaign to support the next stage of its expansion.
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British Business Bank lending surpasses £8bn mark

Lending to businesses at the British Business Bank has surpassed the £8bn mark, according to new documents.
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Next agrees joint venture for Victoria’s Secret UK arm

Retail giant Next has agreed a joint venture deal for the UK and Ireland business of Victoria's Secret.
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Regulator to look at proposed facilities management deal

Mitie's proposed £271m deal to acquire Interserve's facility management business is to be looked at by the Competition and Markets Authority.
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Business

New chairman for Learning Curve Group

County Durham-based training provider Learning Curve Group has confirmed the appointment of a new chairman.
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North East partner appointment at Keystone Law

Keystone Law has strengthened its commercial property team in the North East with the appointment of a new partner.
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Onyx Health patners with US agency

Newcastle-based healthcare marketing communication agency Onyx Health are set to help their clients expand into the US market with a new PR partnership with US agency Jeff Winton Associates.
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Digital design company launches recruitment drive

A Gateshead-based digital design and development company has launched a recruitment drive.
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A&P completes repair project on P&O vessel

Hebburn-headquartered ship repair company A&P has completed a repair project on P&O’s ropax ferry Norbay.
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Property

EG to invest £4m in Ashwood Business Park

Ashwood Business Park in Northumberland is set to receive a £4m investment from international forecourt operator Euro Garages (EG) as part of a new job-creating development on the site.
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Esh Construction secures £10m retail contract

Esh Construction has secured a £10m contract to transform a site previously used as a nuclear bunker in Hexham into a new hospitality and retail destination.
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Work completes on Morpeth housing scheme

Work has completed on a new housing scheme providing 200 new homes in Morpeth.
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STACK licence extended until 2024

Newcastle social hub and container venue STACK is staying in the city until 2024 after having its licence extended.
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Partnership to create £125m nursing and dementia care home portfolio

Care home operator Allegra Care and Moorfield Group, a specialist real estate fund manager, have formed a partnership with the aim of creating a £125m portfolio of modern nursing and dementia care homes.
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Manufacturing

Historic snack maker’s sales up as demand rises during pandemic

A snack maker which was founded in 1886 has said the Covid-19 pandemic has helped sales jump 10 per cent during 2020.
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Weetabix surges back into the black

Cereal giant Weetabix surged back into the black during its latest financial year as its revenue further increased past the £300m mark.
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Jaguar unveils new F-PACE model

Jaguar has unveiled a new version of its F-PACE model – a plug-in hybrid variant which also includes an overhauled interior.
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