Today's North East business news from Insider |
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North East
Thursday 30 April 2020

Latest News

Top Story

PX Group acquires energy and industrial services firm

Stockton-based engineering company px Group has acquired a majority stake in an energy and industrial services firm which provides well management services to the oil and gas sector.
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Insider Feature
Feature 1

Ask the expert: Challenges of working from home

Following government guidelines around the Covid-19 outbreak, businesses have adapted to their employees working remotely. Teams are spread out and working from various locations which creates additional threats to business operations, in particular cyber security. Tony Snaith, CEO of Communicate Technology, discusses some of the challenges businesses are facing and what they should be considering to protect themselves.
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Deals

Wetherspoons completes placing and outlines reopening plans

JD Wetherspoon has raised more than £140m in a share placing. The company also outlined its plans to start reopening pubs and hotels in late-June.
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Completion date set for betting company deal

A completion date has been set for the merger of the company behind Paddy Power and the owner of Sky Bet.
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Wasdell Group expands with packaging supplier deal

Pharmaceutical outsourcing partner Wasdell Group has acquired a packaging supplier serving the same sector.
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Runescape developer changes hands

The video game developer behind Runescape has been acquired by asset management firm Macarthur Fortune Holding in a $530m deal.
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Insider Feature
Feature 2

Ask the expert: Protecting your business through Coronavirus

There is no getting away from the fact that recent events have changed the way we live and do business. Stephen Adair, Partner of Broad Chare Partners, offers expert advice to business owners during this challenging period.
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Business

Automotive Alliance appoints new chairman

The North East Automotive Alliance (NEAA) has appointed the former president of a NASDAQ-listed firm as its new chairman.
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Northumbrian Water finance director to step down

The finance director of Northumbrian Water is stepping down to embark on a new role in Yorkshire.
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Entrepreneurs’ Forum partners with Scaleup North East

The Entrepreneurs’ Forum has entered into a collaboration with Scaleup North East with the aim of providing additional support to businesses throughout the Covid-19 pandemic.
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SDH outlines training academy plans

Telecommunications infrastructure company SDH Project Services – which was recently acquired by the Telcom Group – has outlined plans to open a trio of specialist training academies across the North.
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Property

Bellway to begin phased restart of construction work

National housebuilder Bellway is set to resume construction work on a phased basis after developing measures to ensure social distancing.
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Silverstone appointed to lead multimillion-pound student flat scheme

Silverstone Building Consultancy has been chosen to manage the creation of a multimillion-pound scheme to bring 100 new student bedrooms to Newcastle.
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High-profile schemes provide boost to contractor

Turnover has grown to more than £130m at a construction business which has undertaken work on high-profile projects such as 33 Wellington Place, Follingsby Max and 2 Stockport Exchange.
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SIG reopening UK and Ireland sites

Specialist building products distributor SIG expects to have reopened the majority of its sites in the UK and Ireland by mid-May.
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Manufacturing

Merit increases capacity after a surge in new orders

Offsite construction specialist Merit has increased the capacity of its advanced manufacturing facility in Cramlington by 40 per cent to 140,000 sq ft after securing more than £18m in new orders during the first quarter of 2020.
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Historic firm begins production of NHS gowns

A Sunderland-based manufacturer which traces its history back to 1827 has signed up to produce thousands of NHS gowns every week to support the virus fight.
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Revenue continues to fall at food giant after disposals

Revenue continued to decline at the company behind 2 Sisters Food Group because of it selling off a series of subsidiaries, it has been revealed.
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Pandemic hits March car making figures

Car manufacturing in the UK slumped almost 40 per cent in March, according to new figures released by the Society of Motor Manufacturers and Traders (SMMT).
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