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North East
Wednesday 2 December 2020

Latest News

Top Story

Revenues top £50m at Primula maker

Revenues have topped £50m at the UK arm of the group behind behind squeezable cheese brand Primula, newly filed results have revealed.
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Insider Feature
Feature 1

Ask the expert: Four reasons you need to care about technology in the M&A process

Steve Williams, head of mergers and acquisitions at Waterstons, offers his advice on technology in the M&A process.
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Deals

Countrywide rejects Connells approach and considers £70m fundraise

The board of estate agency group Countrywide has unanimously rejected a takeover offer by Connells and will now explore a potential £70m recapitalisation.
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Specialist lender secures £300m funding line

A specialist lender and investor platform has outlined plans for a rebrand following a significant funding line of £300m.
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Business

Freeports: Teesworks to submit bid

Teesworks has confirmed that a bid spearheaded by Tees Valley Mayor Ben Houchen will be submitted to the government on behalf of the region to become the country’s first and largest Freeport.
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Revenue boost for Pacifica

Houghton-le-Spring-headquartered domestic energy and appliance services provider Pacifica Group has boosted revenue in its latest financial year.
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Debenhams to be wound down placing thousands of jobs at risk

Department store Debenhams is to be wound down after administrators were unable to secure a deal to safeguard the future of the business.
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Property

Sunderland’s Central Station plans set to move forward

Plans to revamp Sunderland’s Central Station are expected to take a major step forward next week, with the council’s cabinet set to approve a £28m improvement programme.
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Surgo starts on County Durham scheme

Surgo Construction has started work on a £2.2m affordable housing contract for Karbon Homes in County Durham.
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Savills appoints director to residential property team

Savills has appointed a new director with responsibility for residential property sales throughout Yorkshire, Teesside and County Durham.
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Manufacturing

OpenWorks commissioned by US Army

A product developed by Northumberland-based counter terrorism specialist OpenWorks Engineering has been commissioned by the US Army during a training session in Longare, Italy.
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Losses continue to be cut at dairy giant Müller

Losses at the UK and Ireland arm of diary giant Müller continued to decline during its latest financial year as its £100m cost-cutting drive was maintained.
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Other News

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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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