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North East
Insider News
Thursday 16 December 2021

LATEST NEWS

 

TOP STORY

A Washington-based automotive logistics company, which employs more than 800 people in the region, has reported a return to profitability with plans for further investment in innovation.
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INSIDER FEATURE

Rebecca Petas, senior project manager at Atkins, says community is a social unit that shares something in common. In Atkins' case, the community we refer to surrounds a co-location with a shared interest in making a place their ‘home’.
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DEALS

Punch Pubs & Co, which is behind 1,300 establishments across the UK, has been snapped up by Fortress Investment Group along with existing management.
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Marks & Spencer has agreed a new £850m revolving credit facility which is linked to its Net Zero targets.
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PROPERTY

Work has begun on the £300m NewcastleGateshead Quays regeneration development, which is expected to create 2,000 jobs and will include an arena and conference centre.  
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Investment group Topland has acquired two UK office assets, including Newcastle's Citygate II, for a total of about £31.4m.
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LXi REIT, the inflation-protected long income REIT, has acquired a long-let property, currently let to Sainsbury's, which has been independently valued by Knight Frank at £58.9m.
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Plans for a residential development of 59 homes in Peterlee have been backed by Durham County Council.
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Holiday park and resort developer Actually Parks has revealed a new partnership with a Sunderland-based hospitality consultancy which could create 500 jobs in two years.
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BUSINESS

A Stockton-based business that provides haulage, plant hire and recycling services has created three prototype bricks engineered from recycled waste clay that could help the construction industry be more sustainable.
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Newcastle-based masterplanning and architecture company ID Partnership (IDP) has appointed two equity partners, and made two associate promotions, who will be responsible for setting out zero carbon targets for the firm.  
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Tyneside-based shipping insurer North P&I Club has revealed plans to reach net zero carbon emissions by 2030.
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Vistry Partnerships has announced the promotion of two of its North East development and construction specialists who have led the business to record breaking expansion.
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MANUFACTURING

A premium sausage maker is ramping up production to make a record number of pigs in blankets to allay fears of a shortage this Christmas.
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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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