Today's North East business news from Insider |
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North East
Monday 11 May 2020

Latest News

Top Story

Plans in for job-creating hotel on site of listed buildings

Plans have been published for the transformation of a number of listed buildings at a former school in Alnwick to create a new job-creating hotel and leisure facility.
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Insider Feature
Feature 1

Ask the expert: Managing cash when coming out of lockdown

Steve Plaskitt, partner at MHA Tait Walker, shares his expertise on cashflow planning and how it applies to SMEs as we come out of lockdown.
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Deals

More than £5.5bn of coronavirus support provided to SMEs

The banking and finance sector has so far provided more than £5.5bn of coronavirus support to SMEs, according to new figures from UK Finance. The British Chambers of Commerce welcomed the steady improvement in the number of firms accessing the scheme, but said the the pace of delivery remains "disappointingly slow".
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Packaging group secures almost £50m boost

A Dutch bank's corporate finance arm has provided an almost £50m boost to a packaging conglomerate with sites across the East Midlands, the North and Kent.
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BEF passes £5m Covid-19 funding support milestone

The Business Enterprise Fund (BEF) has now provided more than £5m of support to businesses affected by the Covid-19 pandemic.
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Three more lenders secure Bounce Back accreditation

Three new lenders have been accredited under the British Business Bank's Bounce Back Loan Scheme.
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Business

Business groups react to PM’s Covid-19 update

Business groups have said Boris Johnson's announcement regarding Covid-19 last night offers "the first glimmer of light for our faltering economy" but called for more details on how restrictions could be eased over the coming weeks and months.
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Oakes Energy Services completes water treatment plant upgrade

Oakes Energy Services has completed an upgrade to the Coal Authority's Dawdon Mine Water Treatment Scheme in County Durham, designed to showcase how homes can be heated using geothermal energy from abandoned mines.
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Houchen targeting Tees Valley e-scooter trial

Tees Valley mayor Ben Houchen has said he wants the region to be the location of a new electric scooter rental scheme.
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Tech firm to create jobs with new service

Gateshead-based digital and cloud specialist Synergi is set to create jobs with the launch a new managed IT service.
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Clearwater makes “substantial investment” in special situations team

Clearwater International has made a "substantial investment" in its International Special Situations team.
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Property

A1 upgrade project to move forward

A major upgrade to tackle congestion on a five-mile stretch of the A1 is set to move forward.
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Morgan Sindall “well-positioned” for growth after Covid-19 crisis

Construction and infrastructure company Morgan Sindall has said it is "well-positioned to successfully navigate" through the current Covid-19 crisis.
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Primary Health Properties acquires portfolio for £47.1m

Specialist investor Primary Health Properties (PHP) has acquired a portfolio of 20 purpose-built medical centres across England and Wales for £47.1m.
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