Latest News | The commercial director of Sunderland-headquartered Hyperdrive Innovation has said that the company's continued production is a "great testament" to his team, with the firm also eyeing long-term growth following the Covid-19 crisis.
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Andy Gregory, head of investments at BGF, looks at the impact of Covid-19 on businesses so far and what lies in store over the coming months.
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The Business Enterprise Fund (BEF) has secured further funding to support SMEs during the coronavius outbreak.
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United Capital, an investment group focused on the UK building services and facilities management sector, has grown its acquisition pipeline to more than £350m.
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More than £1.1bn of loans have been provided under a criticised emergency government scheme for firms affected by coronavirus after an acceleration in the process. But the Federation of Small Businesses has said more work is needed to make the scheme a success.
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The Institute of Directors (IoD) has appointed a policy voice ambassador for Teesside.
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Newcastle-headquartered chain of department stores Fenwick has reopened its online channel following changes made to the way orders are picked and packed in response to Covid-19.
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A Tyneside electric bike company has launched a scheme to provide e-bikes to the region's police force and NHS workers free of charge.
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Fashion chains Oasis and Warehouse have entered administration, according to reports, with about 200 jobs lost and more than 1,800 staff furloughed.
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The green light has been secured for the conversion of a former Job Centre branch in Newcastle to provide new apartments.
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Housebuilding giant Barratt Developments has confirmed it is in the process of furloughing about 85 per cent of its employees to help combat the impact of the Covid-19 on the listed business. Top executives have also agreed to cut their pay by 20 per cent.
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Liberty Steel has unveiled a new board to oversee oversee strategy and investment, with an immediate focus on weathering the Covid-19 outbreak.
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