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North East Monday 8 November 2021

LATEST NEWS

TOP STORY Profits rise at County Durham construction company A County Durham construction company has reported an increase in profits despite operational challenges arising from the coronavirus pandemic. 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 Year to date M&A activity climbs The volume of North East M&A activity has increased by 19 per cent so far this year, up to 263 transactions valued at £1.6bn, although as the year has progressed the flurry of transactions seen in Q1 has gradually declined each quarter, a new report has found. Read More Investor secures £5m to support green tech British Business Investments, a commercial subsidiary of the British Business Bank, has committed £5m to the green economy investor Green Angel Syndicate, to support early-stage UK businesses operating in the green technology sector. Read More Deal agreed for acquisition of BizSpace BizSpace, a regional operator of flexible workspace with sites across the UK, is set to be acquired after a £245m deal was agreed. Read More

PROPERTY Urban Logistics spends £29m on trio of sites Urban Logistics has acquired a trio of assets for £29m. Read More Newcastle housing development set to move forward Plans for 99 new homes in Newcastle look set to move forward after being recommended for approval. Read More

BUSINESS Tekmar Group completes project for Hornsea Two Offshore Wind Farm Tekmar Group, a provider of technology and services for the global offshore energy markets, has delivered the final batch of Cable Protection Systems for for Ørsted's Hornsea Two Offshore Wind Farm. Read More Sustainability remains ‘top priority’ for Ordnance Survey Sustainability has always been a "top priority" for Ordnance Survey, a senior figure at the company has told Insider, as it continues to invest in enhancing its green credentials. Read More North East business activity continues to rise Companies based in the North East of England have reported a moderate rise in business activity at the start of the fourth quarter in 2021, according to the latest regional data from NatWest PMI. Read More Card Factory optimistic following “improved performance” High street gift card retailer Card Factory is upbeat on its prospects with sales continuing to improve as customers return to stores. Read More

MANUFACTURING LCV demand remains above pre-Covid levels The light commercial vehicle (LCV) market declined in October but remained above the pre-pandemic average for the month, according to new figures. Read More

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

UPCOMING EVENTS 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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