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North East
Monday 19 July 2021

Latest News

Top Story

Next phase of Lambton Park scheme granted approval

Detailed plans for the next phase of a residential scheme at the historic Lambton Park in the County Durham village of Bournmoor, which comprise commercial and retail space, have been given the green light.
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Insider Feature
Feature 1

Business Matters: Why is the real estate sector important in the battle against climate change?

Where does the UK’s real estate sector stand when it comes to tackling climate change? Here Sarah Chicken, development surveyor at Tritax Symmetry, takes a look at the challenges facing this sector and what opportunities there are to make a significant difference to an otherwise bleak future.
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Deals

PwC Transaction Services North hits £4.6bn for Q1

PwC's Transaction Services team in the North completed deals with a value in excess of £4.6bn in during the first half of 2021.
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£969m deal agreed for student accommodation investor

A specialist investor in student accommodation is set to be acquired in a £969m deal.
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Tencent agrees £919m deal for Sumo Group

Chinese technology giant Tencent has agreed to acquire listed video game developer Sumo Group in a deal that values the company at £919m.
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Business

Profit warnings in the North at lowest level in more than two decades - EY

The number of profit warnings from the North's listed businesses fell to its lowest level in more than two decades in the second quarter of 2021, according to research by EY.
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DX expecting profit boost from “strong momentum”

Delivery services giant DX Group is set to "significantly exceed" market forecasts for pre-tax profits in its latest financial year. The business expects to open 15 new depots over the next two years.
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Shipping container firm launches new products

A supplier of shipping containers is accelerating its growth plans with the introduction of a new service.
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Use the tech you already have to drive innovation - expert

Organisations can drive digital transformation by better use of the technology they already have available rather than making major investments in new systems, according to an expert on tomorrow’s Insider forum.
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String of new hires at creative comms firm

Newcastle creative communications agency O has announced six new hires following a raft of client wins. 
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Property

Tesco to anchor former colliery redevelopment

Tesco has signed up as the anchor tenant at the former Houghton Colliery site as final plans are submitted for consideration by Sunderland City Council.  
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Plans unveiled for luxury Wynyard scheme

Plans for luxury homes, a country club and new community and leisure facilities at Wynyard Village have been revealed.
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New land director at Stonebridge

Stonebridge Homes has appointed a new land director for the North East.
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First homes released at Bellway site

The first homes have been released for sale at new housing development in North Shields.
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Manufacturing

UK-wide expansion for lighting maker

A Durham-headquartered lighting manufacturer has opened new bases in Scotland and London.
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Other News

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