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North East
Wednesday 6 January 2021

Latest News

Top Story

PE-backed software firm strikes deal

A private equity-backed transport management software provider headquartered in Newcastle has made an acquisition, creating a group with a 120-strong team and 2,000 customers.
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Insider Feature
Feature 1

Ask the expert: Could your business qualify for financial support to help find Covid-19 solutions?

Alan Welby, director of innovation at the North East LEP, says through a new open innovation programme called Challenge North East, the North East Local Enterprise Partnership (LEP) is offering financial support to SMEs who can help find solutions to two specific Covid-19-related problems.
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Deals

Sage leads digital platform funding round

Newcastle-headquartered Sage has led a multimillion-pound funding round in digital operations platform Brightpearl, which works with online retailers.
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NE advisers lead road surfacing deal

North East advisers have worked on the sale of a road surfacing and highway maintenance contractor.
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Acquisition of Rubik’s Cube owner completes

The acquisition of the owner of the iconic Rubik's Cube toy by global children's entertainment company Spin Master has completed.
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Business

Extra support called for despite additional lockdown funding

Calls have been made for further support after an additional £4.6bn of UK Government funding was made available for businesses during the new lockdown.
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Greggs ‘optimistic about prospects’

Greggs has said it is "optimistic" about its prospects post-pandemic after reporting a fall in revenue.
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Paperchase on the brink of administration

Stationery and greetings card retailer Paperchase is on the brink of entering administration after Covid-19 restrictions put "unbearable strain on the business".
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Odyssey invests in cyber security platform

Tees Valley-based Odyssey Systems has completed a £1m investment in new technology to help businesses protect data from cyberattacks.
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Teesside recycling prowess set for 2021 boost

Work on Teesside that could lead to billions more items of plastic waste being recycled will take a step forward in 2021.
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Property

Developers offer road and transport boost

Developers behind a 253-home scheme in Ponteland are contributing £700,000 towards the improvement of local roads and transport as part of a section 106 agreement.
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Manufacturing

Manufacturer creates 100 jobs to support PPE contract

A food packaging maker has created 100 jobs and invested more than £2m in machinery after being awarded a contract to manufacture personal protective equipment (PPE) for frontline NHS staff and social care workers.
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Losses widened at food group ahead of acquisition

Pre-tax losses widened at savoury pastry producer Addo Food Group in the year before it was acquired by a new private equity backer.
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Profits nudge up at WD-40’s European arm

Pre-tax profits have edged up at the UK-based European arm of specialist lubricants brand WD-40 Company.
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Other News

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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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