Monday 6 December 2021

The chief executive at Darlington-based Redde Northgate has told Insider about plans to increase the listed group's electric fleet, but believes that resources need to be improved to keep up with legislative requirements.
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Lee Humble from MHA Tait Walker says as we rapidly head towards 2022, we in the deal community look back at what has been an incredibly busy period for mergers, acquisitions and capital raising. Deal volumes have generally been at record levels, with the combination of COVID-19, Brexit and tax changes (and particularly rumoured change) driving vendors toward objectives which may have previously remained a few years away.
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The acquisition of an online bingo operator by a global sports betting and gaming operator for an enterprise value of £402m has been named Insider's Deal of the Month for November.
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Newcastle-based MHA Tait Walker Corporate Finance has advised on a successful capital raise, undertaken to launch a new sustainable products company.
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The owner of IRN-BRU has invested in an independent branded porridge and plant-based milk business.
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The board of one of the largest motor dealer groups in the UK – which is subject to a takeover offer from Constellation Automotive Holdings – is set to back the proposed acquisition.
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Following the autumn Budget and publication of the government's 'Business Rates Review - Final Report' it transpires that whilst there will be some changes to the way in which business rates are administered, the way in which business rates are calculated will remain the same. Read what Sanderson Weatherall's rating experts thought of the changes.
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Stephen Ayers, regional director- North East at razorblue, says over the last few years, cloud computing has exploded as work went virtual and businesses adapted to the pandemic by focusing on the delivery of digital services.
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Plans have been submitted for a 214-home residential scheme in Newcastle that is expected to create more than 400 construction jobs and bring new investment to the area.
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North York Moors National Park has approved plans for mining at ICL Boulby's Cleveland Potash mine to continue for a further 25 years.
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Newcastle-based The Inn Collection Group has completed on a seventh Yorkshire site as part of its expansion into the county.
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A County Durham-based loan broker has completed a £237,000 commercial mortgage for a guest house owner looking to expand his business.
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A Northumberland-based commercial vehicle service and repair specialist has grown its revenue by more than 40 per cent after opening its new £500,000 workshop.
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Newcastle-based healthcare marketing company Onyx Health has made two senior appointments after a year of record growth and international client expansion.
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A distillery set up by a Darlington family has launched its first gin, with the product taking its name from the legend of the Sockburn dragon-slayer.
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A Newcastle-based property consultancy has unveiled two senior promotions as it continues to grow its business.
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