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North East Wednesday 15 December 2021

LATEST NEWS

TOP STORY Chip shop supplier hails staff after strong performance A Gateshead-based historic fish and chip shop supplier has hailed its staff and outlined plans for further investment following a strong performance with an increase in pre-tax profits, despite challenges faced by the coronavirus pandemic. Read More

INSIDER FEATURE Ask the expert: Can wellbeing help when designing a successful community? Rebecca Petas, senior project manager at Atkins, says community is a social unit that shares something in common. In Atkins' case, the community we refer to surrounds a co-location with a shared interest in making a place their ‘home’. Read More

DEALS Northumberland baker secures investment A Northumberland luxury cake maker has opened a new bakery after securing a five-figure investment from the North East Small Loan Fund supported by The European Regional Development Fund. Read More US regulator clears £919m Sumo takeover The proposed £919m acquisition of listed video game developer Sumo Group by Chinese technology giant Tencent is set to compete early next year after securing approval from US regulators. Read More PureGym secures £300m KKR investment PureGym, which operates more than 500 venues across the UK and Europe, has secured a £300m investment from private equity firm KKR to support expansion. Read More Deal struck for National Express and Stagecoach combination National Express and Stagecoach have reached agreement on the terms of a recommended all-share combination in a deal which will create a group with a fleet of about 40,000 vehicles and a workforce of approximately 70,000 people. Read More

PROPERTY Materials company relocates to larger DurhamGate office Construction materials giant Breedon Group has agreed terms for a new office space at DurhamGate. Read More Leisure complex for independent businesses fully let A leisure complex which opened in Sunderland just over a year ago has been fully let, creating more than 200 jobs in the process. Read More Property company launches construction arm A Newcastle-based property development company has launched a construction arm to support its expansion plans. Read More Occupier confirmed for Centre Square office building Contracts have been signed for the next stage of the multimillion-pound regeneration of Middlesbrough which will involve the creation of a four-storey 40,000 sq ft grade A office building, with a Tees Valley insurance company confirmed as occupier. Read More

BUSINESS Major battery energy storage system to be built on Teesside Energy services business Sembcorp Energy UK has revealed plans to build Europe's largest battery energy storage system at its site at Wilton International on Teesside, helping the UK to achieve its Net Zero target. Read More Contracts awarded for Teesside Net Zero scheme Net Zero Teesside Power's carbon capture, utilisation and storage project has taken a step forward as the first contracts for a design and development competition have been awarded to two engineering consortiums. Read More Ward Hadaway partners with investment fund Newcastle-based law firm Ward Hadaway has been appointed by TOC Property Backed Lending Trust (PBLT) to advise on its recent funding arrangements with Shawbrook Bank, and increase lending activities in the property development sector. Read More Microbrewery celebrates successful first year A South Shields microbrewery has outlined its plans for 2022 following a successful first year of trading. Read More Appointment at claims company set to boost growth A South Tyneside-based energy claims company has appointed a business development executive to help drive its growth plans. Read More Banks Infrastructure wins first major project The new infrastructure division of the Durham-headquartered renewable energy and property company The Banks Group has won its first major contract. Read More

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UPCOMING EVENTS 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 30 Jun Insider Made in the UK Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More Best Places to Meet The region's top places to hold events, conferences and meetings. Read More

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