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North East
Thursday 27 August 2020

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Top Story

Sage chairman to step down next year

The chairman of listed business management software and services company Sage Group is set to step down next year after nine years at the helm.
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Insider Feature
Feature 1

Ask the expert: management buyouts - is now the time?

Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Deals

Accountancy firm secures £10m for North East acquisitions

An accountancy firm has secured £10m backing from Shard Credit Partners to fund strategic acquisitions to support its expansion into the North East.
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DFS agrees Sofa Workshop sale

Listed furniture retailer DFS has agreed a deal to sell subsidiary Sofa Workshop to a counterpart.
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The Hut Group confirms flotation plans

The Hut Group has confirmed it is considering proceeding with a flotation in a move that, according to chief executive Matthew Moulding, reflects the achievements of the past and the company's belief in the "significant potential" for the future.
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Business

Director appointed to Generator board

Newcastle-based music and business support agency Generator has added a new director to its board.
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New Look unveils CVA proposal

New Look has outlined a proposal to move the majority of its UK stores’ rent to a turnover basis as part of a company voluntary arrangement (CVA). The fashion retailer, which employs more than 11,000 workers in the UK, said the move was needed to reflect the market environment.
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Property

STACK Seaburn opening postponed

The opening of the STACK Seaburn development on Sunderland's seafront has been postponed following weather warnings issued for the bank holiday weekend.
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Housing conversion for grade II-listed building

A grade II-listed building in Hexham is being converted to create 16 new homes.
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Dessert brand reveals new look intu Metrocentre cafe

A homemade ice cream and patisserie brand has unveiled its new look dessert parlour at intu Metrocentre.
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Manufacturing

£5.4bn loss at Rolls-Royce

Rolls-Royce has reported a £5.4bn pre-tax loss for the first half of its financial year, with Covid-19 having an "unprecedented" impact on its civil aerospace division.
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