Today's North East business news from Insider |
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North East
Friday 19 June 2020

Latest News

Top Story

Parkdean Resorts secures £25m injection

Holiday park operator Parkdean Resorts has secured a £25m funding injection after agreeing a refinancing with its private equity owner.
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Insider Feature
Feature 1

Business Matters: Communicating to manage business continuity and change

Management and PR consultant Sarah Waddington, owner of Astute.Work, looks at how management teams need to lead risk and communicate to maintain continuity and manage change during the turbulence caused by the coronavirus crisis .
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Deals

Digital marketing firm receives scale-up funding

A North Tyneside digital marketing and advertising business is set to scale up its operations after securing a five-figure investment from the North East Small Loan Fund, supported by the European Regional Development Fund.
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RGCF predicts rise in MBO activity after strong year

RG Corporate Finance (RGCF) is predicting a rise in management buyout (MBO) activity in the second half of 2020 following a strong year team.
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Assetz Capital exceeds £500k Seedrs target

Assetz Capital has exceeded its £500,000 minimum Seedrs target and is now looking to secure matched investment.
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Education business deal set for further scrutiny

The Competition and Markets Authority is set to refer the £50m acquisition of a supplier of school equipment and resources to a phase two investigation after finding that the deal raises concerns.
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Business

Tees Valley mayor pledges funding for apprenticeships

Tees Valley mayor Ben Houchen has pledged to fund the wages of more than 100 apprentices to encourage businesses to create role as part of their coronavirus response.
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Turnover driven up 20 per cent at car retail group

Turnover jumped 20 per cent at car retail group behind the Drive Vauxhall brand while its profits also rose.
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CMA chairman to step down

The chairman of the Competition and Markets Authority is to step down later this year.
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Property

Northern Gas and Power to expand Gateshead presence

Northern Gas and Power has outlined plans to create 150 jobs and has also secured a move to more than 30,000 sq ft of space in a landmark Gateshead development.
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FW Capital funding supports farmhouse redevelopment

A derelict farmhouse is set to be redeveloped to provide new homes supported by a £500,000 investment from FW Capital, which manages the North East Property Fund.
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Senior promotion at the Morton Group

Newcastle-based property development company Morton Group has made a senior promotion.
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