Wednesday 10 November 2021

A Middlesbrough-based software as a service company has announced plans to distribute its success by granting shares to employees following recent expansion.
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Steve Plaskitt, head of corporate finance at MHA Tait Walker, gives his views on how working capital impacts deal valuations especially since the pandemic began.
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Eleven organisations, including a North East University, have secured a share of almost £7m of funding from the UK Space Agency to support projects focused on climate change, environmental management, telecommunication systems and the protection of digital infrastructure against cyber-attacks.
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The Competition and Markets Authority has said it considers there are reasonable grounds for believing that undertakings offered by Admiral will allow the pub group's acquisition of a nationwide portfolio of pubs to move forward.
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An operator of an online holiday rental platform – which last month outlined its intention to float on AIM – has postponed its IPO plans.
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Work is set to begin on a £30m contract to construct 362,600 sq ft of commercial units as part of the first phase of the Hillthorn Business Park development at Washington.
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A Durham hotel and restaurant, set within a grade II-listed building, has reopened after a loan from Business Durham, the business support service for Durham County Council.
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Real estate investment management company Vengrove, represented by Savills, has acquired units seven and eight at County Durham's Foxcover Distribution Park.
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GP Bullhound has announced the winners of the 2021 Northern Tech Awards, held last night at the New Dock Hall in Leeds.
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More than 30 jobs have been lost after an energy consultancy business, which helped clients reduce energy costs and emissions, ceased trading.
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Newcastle-headquartered Hay & Kilner has hired a new solicitor to join the firm's commercial litigation and dispute resolution team.
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The Bannatyne Group is opening an express spa at Teesside International Airport following a £100,000 investment.
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Demand for used battery electric and plug-in hybrid vehicles continued to grow in the third quarter, according to new figures, but the overall used car market declined.
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