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North East
Insider News
Thursday 3 February 2022

LATEST NEWS

 

TOP STORY

The Northumberland-headquartered UK arm of a global wood-based panel manufacturer has said it continues to operate with high order volumes, following a strong year where turnover exceeded £300m.
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INSIDER FEATURE

Now may be the time to consider your next role and securing a position in a private equity-backed business offers a great opportunity to participate in a life changing equity event. It is no surprise that these roles are sought after, but how do you seize an opportunity in this space? David Blair from BlairWest offers his advice.
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DEALS

Nigel Wright Group has refinanced the recruitment business and purchased all outstanding equity from its institutional shareholders, Baird Capital and Beechbrook Capital.The move results in 100 per cent management ownership of the business and completes the MBO initiated in October 2020.
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Dublin-headquartered technology provider Version 1 has acquired a North East-based service design and digital transformation company as part of its growth strategy.
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A rapidly growing national financial planning firm has completed the acquisition of a financial services business.
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BT Group has entered into exclusive negotiations with Discovery Inc on a deal to establish a new sport and entertainment entity in the UK.
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INSIDER FEATURE

During the Covid era, holiday parks benefited from massive popularity as people holidayed in the UK. This Insider roundtable, held at Harrogate’s Rudding Park Hotel, assessed the potential for further growth.
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PROPERTY

Plans for a £100m tyre recycling plant at the Port of Sunderland, which could create up to 100 jobs, have been backed by the council.
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The third-generation owners of a residential care home in Whitley Bay have acquired a second property supported by seven-figure funding from Unity Trust Bank.
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A Yorkshire property company has completed a deal for a site by the A66 in Middlesbrough.
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BUSINESS

Listed upholstered furniture and floorings retailer ScS has said it is on track to meet full year expectations, following strong trading through the winter sale period.
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Business leaders across the North East and Yorkshire have welcomed the government's plans outlined in Levelling Up White Paper.
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Bowling company Lane7, which is behind plans for a leisure development as part of Middlesbrough's Captain Cook Square regeneration, has launched its new brand Level X.
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Totally plc, a provider of healthcare services across the UK and Ireland, has secured a contract extension worth about £2.6m.
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Battery pioneer Britishvolt, which is behind plans for the 30GWh Gigafactory in Blyth, has entered into a recycling joint venture with Glencore.
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A&P Group has reported a busy start to 2022 at its Tyne facility, with its dry dock and quays operating at full capacity.
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MANUFACTURING

Food giant Nestlé has confirmed that its confectionary factory in Fawdon, Newcastle, will close.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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