Today's North East business news from Insider |
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North East
Wednesday 7 April 2021

Latest News

Top Story

One Utility Bill completes second fundraise in a year

Newcastle-based One Utility Bill, which simplifies utilities for consumers, landlords and letting agents, has raised a further £1.6m in its second fundraise in a year.
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Insider Feature
Feature 1

Ask the expert: Design for an agile office

There is a lot of interest in the concept of agile working, pioneered by the tech sector. Simon Grundy, commercial interior designer, answers the questions he’s most often asked on how design can support the agile approach.
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Deals

Rescue deal struck for Peacocks

A rescue deal has been struck for discount clothing chain Peacocks in a move that could protect about 200 stores and 2,000 jobs.
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New owner for Caterham Cars

Sports car brand Caterham Cars has been acquired from businessmen Tony Fernandes and Kamarudin Meranun by Japan-headquartered automotive group VT Holdings.
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Business

New director at RGCF

Newcastle-based Ryecroft Glenton Corporate Finance (RGCF) has appointed a new director.
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Firms ‘should utilise insolvency measures extension’ - R3

The regional chair of insolvency and restructuring trade body R3 is urging directors of Covid-hit North East companies to use the time provided by the extension of temporary insolvency measures to plan out their financial future.
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Property

Hospitality group to bring dual-branded venue to Gateshead

Hospitality group Accor is to open new venues under its Novotel and ibis brands at the £260m NewcastleGateshead Quays regeneration scheme.
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Film company expands in Boro

Independent film company Ithica Films has expanded its office and studio space with a move to new headquarters in Middlesbrough. 
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Deal struck for former building society HQ

Portland House Developments and funding partner AHCS One have acquired the former Newcastle Building Society Group headquarters.
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Property fund buoyant despite challenges

TOC Property Backed Lending Trust, which is managed by Newcastle-based wealth management firm Tier One Capital, has bolstered its portfolio of loans.
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Manufacturing

First growth since August for new car registrations

The UK new car market has recorded its first growth since August 2020, according to new figures.
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Other News

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