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North East
Wednesday 13 May 2020

Latest News

Top Story

Port of Tyne base for world’s biggest offshore wind farm

The Port of Tyne has been named as the new base for the world's biggest offshore wind farm in a move that is set to support the creation of about 200 jobs in the region.
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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

£100,000 angel investment for app to address teacher shortage

The North East company behind a teacher recruitment app that aims to address a shortage of teachers and support staff has secured £100,000 funding from angel investor Gary Dewhurst.
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Water tank specialist secures NEL backing

A specialist water storage tank installation business which has recently worked on Sunderland's Nightingale Hospital has secured funding from the North East Small Loan Fund.
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Government lending schemes near £15bn milestone

The three major government-backed lending schemes have provided almost £15bn to more than 304,000 businesses so far, according to new figures.
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Business

Sage hails “strong first half”

Business management software and services company Sage Group has hailed a "strong first half" with operating profit up by more than a third.
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Profits up by more than a third in record year for True Potential

Profits have grown by more than a third in the latest accounts for True Potential. Growth has continued into 2020 with the Newcastle-based financial services company recording its best ever quarter.
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Energy sector training provider to reopen centres

An energy sector training provider is set to reopen with new measures in place to combat the spread of the coronavirus.
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Flybe unsecured creditors estimated at almost £320m

Unsecured creditor claims of nearly £320m have been estimated following the collapse of Flybe, a new report into the administration of the regional airline has revealed.
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Chancellor extends job retention scheme

The Coronavirus Job Retention Scheme has been extended until the end of October, the Chancellor has announced.
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Used car market declines in Q1

The UK’s used car market declined by 8.3 per cent in the first quarter of 2020, according to the latest figures released by the Society of Motor Manufacturers and Traders (SMMT).
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Property

Record year for Meldrum

Gateshead-based construction group Meldrum is eyeing further growth on the back of a record period.
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Bowmer + Kirkland returns to City Hall

Work on Sunderland's City Hall is back on track.
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Taylor Wimpey to start phased sales centre reopening

Taylor Wimpey is to start a phased reopening of its sales centres and show homes on the back on government advice.  
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Services & Guides

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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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