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North East
Thursday 13 August 2020

Latest News

Top Story

Multimillion-pound expansion for cost management firm

A North East cost management specialist has set out plans for a multimillion-pound investment to quadruple its office space and create hundreds of jobs.
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Insider Feature
Feature 1

Ask the expert: management buyouts - is now the time?

Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Deals

First investments from new fund following £5.7m close

Newcastle-based Conviction Investment Partners has closed its first fund at £5.7m and revealed its first investments.
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OakNorth secures additional CBILS allocation

OakNorth Bank has received an additional Coronavirus Business Interruption Loan Scheme (CBILS) allocation from the British Business Bank.
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Business

Banks Mining begins redundancy talks at County Durham site

Banks Mining has begun consultation on job losses at its Bradley surface mine in County Durham following the refusal of planning consent for an extension.
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Turnover up in record year for Bastion Security Products

Bastion Security Products has reported record results with turnover up 75 per cent.
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NFU surges back into the black

The National Farmers' Union (NFU) surged back into the black and increased its total funds under management during its latest financial year.
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Losses of £122m for National Express as Covid-19 bites

National Express fell to a pre-tax loss of more than £122m during the first half of 2020 due to the Covid-19 pandemic.
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Revenue rise eyed by listed luxury watch retailer

A listed luxury watch retail group has said its revenue could rise as high as £860m during its current financial year as long as there are no more Covid-19 lockdowns in the UK, US and Switzerland.
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Property

New multimillion-pound Teesport facility officially opens

A new multimillion-pound facility has officially opened at Teesport.
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Online retailer expands with new premises

South Tyneside online retailer has expanded into new larger premises, enabling it to create jobs and increase turnover.
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Bellway to launch Newcastle housing development

Newcastle-based housebuilder Bellway is set to launch a new housing development in the city.
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Other News

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