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North East Friday 12 November 2021

LATEST NEWS

TOP STORY Plans submitted for holiday and leisure development Plans have been submitted for a new holiday development in Northumberland incorporating 30 bungalow lodges. The outline application also includes a leisure complex that is expected to house a gym, swimming pool and café. Read More

INSIDER FEATURE Ask the expert: Working capital impacts deal valuations especially since the pandemic began Steve Plaskitt, head of corporate finance at MHA Tait Walker, gives his views on how working capital impacts deal valuations especially since the pandemic began. Read More

DEALS Listed firm reveals North East acquisition A listed support services company has revealed the acquisition of a North East paper shredding specialist within a trading update. Read More BAE Systems agrees deal for training simulation firm stake BAE Systems – which has major operations across the UK – has expanded its footprint by agreeing to buy a private investor's stake in a global software company at the forefront of simulation and training services. Read More M&A in tech sector driving UK deals activity - report Mergers and acquisitions in the tech sector are the main driver of deal activity in the UK, according to a report by Experian Market IQ. Read More

PROPERTY Hundreds of new homes look set for approval Plans for the creation of hundreds of new homes, as part of the Murton Gap masterplan, look set to move forward. Read More Stockton Council acquires office building for £3m Stockton Council has acquired the riverside office building Dunedin House for £3m. Read More New premises for digital agency A North East digital agency has moved into its new office, double the size of its previous premises, following continued growth. Read More

BUSINESS Teesside science park to play role in Freeport’s ambition The Wilton Centre science park will play a key role in the new Teesside Freeport's ambition to create 18,000 jobs over the next five years, according to Redcar MP Jacob Young. Read More Strong first half performance at Northern Bear Listed building services company Northern Bear is set to report a strong first-half performance despite industry-wide challenges. Read More Senior appointments at land and property group Land and property group George F White has made several senior appointments following strong growth across the region. Read More Engineering firm targets growth after new contracts An engineering company, which uses technology to help clients with their energy efficiency, is aiming to treble turnover after securing £3m of new contracts in 2021. Read More

MANUFACTURING Losses widen as car parts firm hit by Covid challenges A Newton Aycliffe-based car parts manufacturer has said the support of its Spanish parent is helping it weather the Covid-19 pandemic after posting a multimillion-pound loss and a £140m drop in turnover after a major contraction in new vehicle sales globally. Read More

OTHER NEWS UK-wide Top Companies Database - contact thousands of senior decision makers by email

UPCOMING EVENTS 1 Dec Fast Growth Companies: Businesses That Rewrite the Rules Online Forum 2021 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 30 Jun Insider Made in the UK Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More Best Places to Meet The region's top places to hold events, conferences and meetings. Read More

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