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North East
Insider News
Monday 17 January 2022

LATEST NEWS

 

TOP STORY

Plans to transform a Middlesbrough shopping centre with a new bowling alley, indoor golf and electric go kart track, as part of a wider scheme to turn the town into a 'cultural and leisure hub', have been backed by the council.
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INSIDER FEATURE

Now may be the time to consider your next role, and securing a position in a private equity-backed business offers a great opportunity to participate in a life changing equity event. It is no surprise that these roles are sought after, but how do you seize an opportunity in this space? David Blair from BlairWest offers his advice.
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DEALS

A German food conglomerate entering into a strategic partnership with plant-based food business VBites, which included the purchase of a minority stake of the company, has been named Insider's Deal of the Month for December.
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Consumer goods giant Unilever has made three bids for the the GSK Consumer Healthcare business, it has been revealed, the latest of which was for £50bn.
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A specialist care provider which employs more than 10,000 staff across the UK has been acquired by global infrastructure investment manager Wren House.
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Food delivery marketplace Cook My Grub is embarking on its next funding round, eyeing a £1.5m boost.
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Trading in shares of video game developer Sumo Group have been suspended ahead of the completion of its £919m takeover by Chinese technology giant Tencent.
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PROPERTY

Plans to create a multimillion-pound residential and hospitality development on the site of the former Allied Irish Bank headquarters in Newcastle have been given planning and listed building approval.
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An application to create four holiday units from shipping containers in Durham, which was originally tipped for refusal, has been backed by the council.
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BUSINESS

A Sunderland-based architectural practice has been named as lead architect and engineer for a £26m industrial development on Teesside.
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MHA Tait Walker Corporate Finance has hired a new senior executive, following the firm's record year which involved the completion of more than £100m worth of deals for North East businesses.
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The chief executive of housebuilder Taylor Wimpey has hailed an 'excellent' performance in 2021, stating that the group is in a very strong position and is well placed to meet its targets.
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A Seaham outlet shopping centre had a 'strong' 2021 with an increase in like-for-like sales, leading to the creation of 26 jobs.
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North East housing providers have launched an employability programme to provide opportunities for over 25's and help aid the area's economic recovery.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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