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North East
Thursday 25 June 2020

Latest News

Top Story

Green light recommended for retail development

Plans to redevelop a Durham business park to create a new discount food store and retail units look set to get the go-ahead next week.
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Insider Feature
Feature 1

Business Matters: The impact of Covid-19 on landlords and tenants

Kevan Carrick from JK Property Consultants, looks as the impact of Covid-19 on landlords and tenants.
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Deals

Private ambulance operator secures HSBC UK funding

The company behind a private North East ambulance service, which is currently providing emergency transport services to the NHS amid the coronavirus crisis, has secured a £1.16m finance package from HSBC UK.
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IFA firm acquired by listed group in £18m deal

A Hull-headquartered independent financial adviser (IFA) firm with offices in Darlington, Newcastle, Sheffield and York has been acquired by a listed group for almost £18m.
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Strong cross-border activity for GCA Altium

GCA Altium has seen reported significant appetite for cross-border deals since the UK went into lockdown, challenging uncertainty surrounding global M&A markets.
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£271m deal agreed to create facilities management giant

Mitie has lined up a transformative deal to acquire Interserve's facility management business, unveiled a £200m rights issue and extended its revolving credit facility.
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£12m opticians group secures BGF investment

A £12m-turnover opticians and audiologists group with 19 practices across the UK has secured investment from BGF.
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Clearwater reveals M&A strategic alliance

Clearwater International has announced a strategic alliance designed to enhance growth for global middle-market companies.
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Business

Swissport to cut more than 4,000 jobs

Ground handling giant Swissport is slashing is UK workforce in half in a move that could impact more than 4,000 jobs.
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Property

Go-ahead for multimillion-pound improvements to historic station

A multimillion-pound programme of improvements Newcastle's historic Central Station has been given the go-ahead.
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Web development agency expands with new premises

A web development agency is set to expand with new premises in Middlesbrough after securing funding from the Tees Valley Business Support Scheme.
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£10m Northumberland housing development approved

Planning approval has been granted for a new £10m residential development in Northumberland.
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Kapex Construction promotes first employee

Kapex Construction has promoted its first ever employee.
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Other News

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