Today's North East business news from Insider |
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North East
Friday 6 November 2020

Latest News

Top Story

Steel fabrication firm buys premises with bank backing

A steel fabrication company has acquired its County Durham premises using a six-figure funding package from HSBC UK.
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Insider Feature
Feature 1

Ask the expert: How a digitally connected city benefits people, professions and places

Liz St Louis, assistant director for Smart Cities at Sunderland City Council, explains the benefits and growth opportunities to city residents and businesses across Sunderland as she explores living, working and playing in the UK’s recently crowned leading smart city 2020.
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Deals

NE advisers work on Black and Banton deal

Gateshead-headquartered Black and Banton has been acquired by listed company Marlowe. Financial and legal advisers from two North East firms worked on the deal.
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RSA approached about possible £7.2bn takeover offer

RSA Insurance Group has confirmed it has been approached by a consortium with a proposal regarding a possible multibillion-pound takeover offer for the historic insurance business.
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£30m funding commitment unveiled to support SMEs

British Business Investments has provided a £30m commitment to support UK small businesses through Funding Circle’s UK SME Direct Lending Fund.
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Private equity firm acquires Hovis

Private equity firm Endless has acquired 134-year-old bakery brand Hovis.
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Business

Double senior appointment at Hay & Kilner

North East law firm Hay & Kilner has bolstered its senior team with two partner appointments.
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Support service safeguards hundreds of NE jobs

Tees Valley Mayor Ben Houchen has revealed that the Tees Valley Business Fund helped companies in the region create and safeguard 652 jobs, with hundreds more in the pipeline.
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Sunak to extend furlough scheme to March

The UK-wide furlough scheme is set to extend until the end of March 2021, Chancellor Rishi Sunak has announced.
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The Port of Tyne invests in operations

The Port of Tyne has announced a £1m investment in its wood pellet-handling operations.
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Property

Historic bookshop to become arts and cultural venue

A landmark building in the centre Sunderland is to transformed into a multi-use arts and cultural venue.
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Centre Square could make Boro as ‘key office destination’

The developer behind Middlesbrough’s Centre Square scheme has said the project could 're-establish the town as a key office destination' in the North.
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Urban&Civic set for £506m takeover

A £506m deal for commercial development specialist Urban&Civic has been agreed.
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The Inn Collection Group acquires Lancs venue

Newcastle-headquartered The Inn Collection Group has acquired an 88-bedroom venue in Fylde.
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Manufacturing

UK new car market suffers October decline

The UK new car market declined again in October, with registrations falling by 1.6 per cent year on year, according to the latest figures published by the Society of Motor Manufacturers and Traders (SMMT).
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Bentley to go fully electric by 2030

Bentley Motors has outlined plans to go fully electric by 2030.
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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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