Today's North East business news from Insider |
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North East
Tuesday 31 March 2020

Latest News

Top Story

Darlington Building Society eyes long-term growth

Darlington Building Society is eyeing long-term growth after a year of investment where it continued to increase its membership.
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Insider Feature
Feature 1

Ask the expert: How do I provide effective leadership during a crisis?

Experienced North East business coach Ian Kinnery says the coronavirus outbreak is a huge challenge for all businesses, large and small.
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Deals

C&C Group secures €140m funding with US private placement

Drinks company C&C Group has successfully issued a US private placement, securing approximately €140m injection of new capital.
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Insider Feature
Feature 2

Ask the expert: How to manage your cashflow in volatile times

Lee Humble, associate partner at MHA Tait Walker, shares his expertise on the new Coronavirus Business Interruption Loan Scheme (CBILS).
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Business

Northern Bear MD steps down

The managing director of Newcastle-headquartered building services company Northern Bear is stepping down from today.
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Middlesbrough College set to create 50 jobs

Middlesbrough College has launched a fresh recruitment drive aiming to create 50 jobs in the coming weeks.
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CMS offers support to the NHS

Gateshead-based Commercial Maintenance Services (CMS) has offered support to the NHS should any of its critical building systems fail during the coronavirus crisis.
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Yorkshire and North East profit warnings double - EY

The number of profit warnings issued by companies based in Yorkshire and the North East has more than doubled over last year with the majority blamed on the Covid-19 outbreak, according to analysis from EY.
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North Tyneside Council launches process for local business funding

North Tyneside Council has launched an online process for local businesses to apply for funding to support them during the Covid-19 pandemic.
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SIG to develop revised strategy during coronavirus shutdown

Specialist building products distributor SIG has said the temporary closure of its UK and Ireland sites will be used as an opportunity to develop a revised strategy and organisational model.
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Property

Snow and leisure centre project approved

Plans for a major new snow and leisure centre attraction in Teesside have received full planning approval.
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Green light for almost 70 new homes

The proposed development of almost 70 new homes in Broomhill, Northumberland, has received the green light.
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“Resilient” year at LSL

The chairman of LSL Property Services, which operates the likes of Your Move and Reeds Rains, has described new results as "resilient," with revenue and pre-tax profit slipping due to difficult market conditions.
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Hammerson considering rent deferrals as part of tenant support measures

Property giant Hammerson has said it is considering requests for rent deferrals on a case-by-case basis as it attempts to support tenants during the coronavirus outbreak.
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Purplebricks revises down revenue expectations

Solihull-headquartered online estate agency Purplebricks has revised down its revenue expectations for its current financial year because of the Covid-19 pandemic.
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Manufacturing

Outlook “uncertain” for UK engine manufacturing

The outlook is "uncertain" for engine manufacturing, according to the chief executive of the SMMT, as production dropped more than 9 per cent last month and Covid-19 hit the industry.
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Consortium working to rapidly produce 10,000 medical ventilators

A consortium of UK businesses is working to fill a government order for 10,000 medical ventilators.
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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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