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North East
Thursday 26 November 2020

Latest News

Top Story

Raby Castle plans set to move forward

Four applications led by Raby Estates are set to go before planners next week, paving the way for the development of more than 150 homes over two sites in County Durham, as well as the creation of new facilities at the grade I-listed Raby Castle.
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Insider Feature
Feature 1

Ask the expert: How to use financial reports to make key business decisions

You don’t have to be a mathematician to understand your numbers, says business adviser Jack Spoor of Robson Laidler, but having an overall understanding of your financial reports puts you in a far stronger position to make better business decisions.
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Deals

Investment to support EV charging company’s roll-out plans

An electric vehicle (EV) charging company is set to accelerate the roll-out of charging points across the country after securing a £1.5m investment.
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Further £100m committed to NPIF

An additional £100m has been allocated for the Northern Powerhouse Investment Fund (NPIF), taking the total investment to £500m.
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Kingsway Asset Finance accredited for CBILS lending

Kingsway Asset Finance has been accredited as a new lender for the Coronavirus Business Interruption Loan Scheme (CBILS) by the British Business Bank.
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Business

PD Ports unveils job-creating waste-to-energy plant plans

PD Ports is set to bring a second waste-to-energy plant to the Tees Valley, which could attract £430m of private investment and create hundreds of new jobs.
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Mixed response to Chancellor’s Spending Review

Business leaders have reached to Chancellor Rishi Sunak's Spending Review.
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Business events sector welcomes post-lockdown return

The business events industry has welcomed the news that the sector will be allowed to reopen following the end of lockdown under the government's revised tier system.
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Revenue slumps by almost £800m at pubco giant

Revenue slumped by almost £800m at pubco giant Mitchells & Butlers, whose brands include Miller & Carter, All Bar One and Toby Carvery. The company also reported a pre-tax loss during its latest financial year due to the Covid-19 pandemic.
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Grand Central to resume services in December

Rail operator Grand Central has confirmed it will resume services in early December following the end of lockdown.
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Property

JV reaches financial close on first two Dogger Bank phases

SSE Renewables, together with its joint venture (JV) partner Equinor, has reached financial close on the first two phases of Dogger Bank Wind Farm.
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ABGI opens Newcastle office

ABGI UK has opened a new regional office in Newcastle, creating nine jobs.
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Investor strikes £61m food and discount store deal

Property investor LXi REIT has acquired 11 supermarkets and two discount stores, which tenants including Waitrose, The Range and Aldi, in a £61m deal.
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Revenue nears £200m for housebuilder’s third quarter

Revenue increased to almost £200m during the third quarter of a national housebuilder's financial year, new figures have revealed.
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Manufacturing

Recruitment boost for car parts maker

A North East car parts maker has added 90 new staff to its workforce in the last three months.
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Car manufacturing slumps almost 20 per cent in October

Car manufacturing in the UK slumped by almost 20 per cent in October, according to new figures.
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Other News

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Services & Guides

Corporate Finance Directory

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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