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North East
Tuesday 5 May 2020

Latest News

Top Story

Tech start-up raises £400,000 for new software

A Newcastle-based tech start-up behind software that helps sales staff to find and close new leads has raised £400,000 to further develop its product and expand its team.
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Insider Feature
Feature 1

Business Matters: COVID-19 – a crisis apart

As the economic fallout from Covid-19 bites, John Swarbrick, head of portfolio at BGF, considers what management teams can do to navigate the here and now.
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Deals

Online dog food retailer secures five-figure backing

A Morpeth-headquartered online dog food retailer has secured a five-figure investment from the North East Small Loan Fund.
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North East LEP offers match funding to small businesses

The North East Local Enterprise Partnership (LEP) has made up to £5,000 in match funding available to small businesses continuing to trade through Crowdfunder's Pay it Forward scheme.
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Teesside firm snapped up by digital brand owner

A Middlesbrough-based data management company has been acquired by Glam Holdings, owner of Mode Media, BrideClick, and Glam Inc.
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Bounce Back Loans initiative launches

The Bounce Back Loans initiative – which is set to help thousands of small business and sole traders such as hairdressers, coffee shops and florists – has launched.
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Insider Feature
Feature 2

Ask the expert: Why engagement matters

Amrit Naru, director for ADP Architecture’s Newcastle studio, looks back on the practice's involvement in the award-winning regeneration of Spanich City, and how community engagement played such as strong part in turning the vision into reality.
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Business

Data science firm receives CBILS loan

A Gateshead-based data science firm has secured a £200,000 loan from NatWest under the Coronavirus Business Interruption Loan Scheme (CBILS).
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New chairman to take over at Virgin Money

A new chairman has been appointed at Virgin Money UK.
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EY makes senior M&A hire for Yorkshire and North East

EY’s Transaction Advisory Services (TAS) team has grown its Yorkshire and North East presence with the appointment of a senior M&A and finance specialist.
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Report details plans to accelerate northern transport

Plans to accelerate a "northern transport revolution" have been drawn up in a new report.
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1pm accredited as CBILS lending partner

Listed finance provider 1pm has been accredited as a lending partner under the CBILS scheme.
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Property

Plans updated for £250m urban village development

Updated plans have been submitted for the Quayside West development which aims to regenerate a prominent brownfield site in Newcastle City Centre into a £250m urban village.
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Heathline Commercials opens new service and repair centre

Cramlington-based Heathline Commercials has opened its new £500,000 service and repair centre.
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£100m placing for LondonMetric

Real estate investor LondonMetric Property has announced plans to raise about £100m in a share placing.
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Manufacturing

Record sales year drives up turnover at iconic taxi maker

Turnover has been driven up by more than £60m at the Warwickshire-headquartered company famous for its London black taxis, new figures have revealed. Its pre-tax losses have also been cut and the business reported the best sales year in its history.
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