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North East
Friday 18 December 2020

Latest News

Top Story

Bank backs historic property conversion

A grade II-listed property in Newcastle is set to be converted into accommodation for key workers after the companies behind the project secured a £1m loan. The development is expected to create 50 jobs.
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Insider Feature
Feature 1

Ask the expert: The importance of CPD whilst working remotely

CPD is incredibly important for growth, whether that's for yourself or an employee. Dianne Sharp, CEO at The Leadership Academy, shares three reasons why CPD shouldn't be forgotten about in this new remote working world.
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Deals

Comms firm secures investment

A Tyneside web design and digital marketing agency is creating new jobs after securing investment from the North East Small Loan Fund.
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Deltic rescue deal to secure more than 1,300 jobs

Nordic bar and club operator REKOM has bought Deltic out of administration in a move that could save more than 1,300 jobs.
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Ferrero gobbles up Eat Natural

Global confectioner The Ferrero Group has acquired cereal bar and granola brand Eat Natural.
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Shawbrook Bank acquires RateSetter’s development finance business

Shawbrook Bank has acquired RateSetter's peer-to-peer funded development finance business.
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Insider Feature
Feature 2

Ask the expert: Digital in deals – where should you focus the IT work?

Steve Williams, head of mergers and acquisitions at Waterstons, follows up his last piece discussing why it’s important to consider technology in the dealmaking process; after all, IT can be the forgotten relative in M&A deals, lost amongst legal and financial wrangling. We think it’s more important than that, and while we’ve talked about the ‘why’, it’s now time for us to give some insight into the ‘what.’ We set out below the key things we’d recommend considering in your next deal.
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Business

Revenue up but PwC UK profits hit by Covid-19

Revenue has grown at professional services giant PwC UK but profits have fallen due to the impact of the Covid-19 pandemic.
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Furlough and Covid-19 loan schemes extended

The UK-wide furlough and Covid-19 business loan schemes have been extended. The extensions come ahead of the Budget, which the Chancellor has confirmed will take place on 3 March 2021.
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Tech firm secures global deal

A Teesside-headquartered company has agreed a distribution deal with a global tech business.
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Insider Feature
Feature 3

Business Matters: The power of peer-to-peer support and how Peer Networks can help SMEs thrive

When it comes to talking through the challenges you face in business, working with like-minded business leaders can be an effective way to share knowledge and find solutions.
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Property

EQTEC signs deal for Billingham project site

Gasification technology specialist EQTEC has signed a call option and exclusivity agreement to acquire a power plant project site in Billingham.
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Port of Tyne pens Dogger Bank agreement

Port of Tyne has signed an option agreement with Dogger Bank Wind Farm, bringing the preliminary phase of development to build the operations and maintenance base to a close.
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CAN bolsters board

A new board member has joined Construction Alliance North East (CAN) as it targets procurement opportunities for contractors in the region in 2021.
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Exhibition Park café plans unveiled

Plans for a new café in Newcastle's Exhibition Park have been revealed.
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Insider Feature
Feature 4

Ask the expert: Could your business qualify for financial support to help find Covid-19 solutions?

Alan Welby, director of innovation at the North East Local Enterprise Partnership (LEP), says a new open innovation programme called Challenge North East is offering financial support to SMEs who can help find solutions to two specific COVID-19-related problems.
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Manufacturing

BAE Systems to hire 1,250 trainees

BAE Systems has outlined plans to hire more than 1,250 trainees into its early careers programmes in 2021.
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Giant’s turnover neared £800m before major Breedon deal

The UK arm of a building materials manufacturing giant grew its turnover to almost £800m in the year before it completed a £178m deal with counterpart Breedon, new documents have revealed.
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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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