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North East
Thursday 5 August 2021

Latest News

Top Story

Revenue tops £130m at safety products maker

Revenues have topped £130m at a Blyth-based maker of safety equipment, whose products are used by firefighters and miners.
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Insider Feature
Feature 1

Ask the expert: How can businesses achieve high growth through 2021 and beyond?

Sean Longsdale is managing director of the Structured Finance Group at Santander UK Corporate & Commercial. He shares his thoughts on how businesses of all sizes have been able to achieve high growth throughout the pandemic and how they can continue and indeed build through 2021 and beyond.
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Deals

European group acquires high-growth recycling firm

A Hartlepool-headquartered waste management and recycling business has been acquired by the UK subsidiary of one of the largest environmental services providers in Europe. The deal provides a successful exit for BGF.
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Angel investment consortium secures further Innovate UK funding

A consortium led by North East Business and Innovation Centre (BIC) has secured an additional £2m from Innovate UK to further encourage Business Angels to bring investment to small and medium companies across the North.
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More than £300k paid out to Sunderland firms

More than £300,000 was paid out at the end of July to Sunderland businesses hit most severely by Covid-19 restrictions.
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Praetura launches flexible finance arm to boost SME funding

Praetura Group is expanding with the launch of a new financial division designed to unlock flexible finance for SMEs.
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Business

Kura creates 100 Sunderland jobs

Customer service outsourcing business Kura has created 100 jobs in its Sunderland office.
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ScS “encouraged” by strong trading

ScS has said it is "encouraged" by its strong trading performance since Covid-19 restrictions started to ease and believed "the group is in a strong position" as it enters its new financial year.
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Workwear firm on course to turnover £1m

County Durham workwear business Industrial Workwear has revealed revenues are on course to hit £1m this year.
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Property

Plans in for multimillion-pound local centre

Plans for a new multimillion-pound local centre on the outskirts of Newcastle have been submitted.
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Expansion for Sunderland retailer

A North East furniture store has expanded its footprint.
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Nurseries snapped up with Lloyds Bank support

A Newcastle-based business has acquired three children's day nurseries with support from Lloyds Bank.
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Manufacturing

NOVELTEA announces carbon negative status

Newcastle-based alcoholic tea company NOVELTEA has reached carbon negative status.
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