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North East
Tuesday 27 April 2021

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Top Story

Subsea trenching firm joins forces with Saudi Arabia group

Al Gihaz Contracting, part of Saudi Arabia-headquartered Al Gihaz Holding, has acquired the assets, intellectual property and management system of a subsea trenching company based in Blyth.
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Insider Feature
Feature 1

Business Matters: The office of the future – will a hybrid office become the new norm?

As the world battles Covid-19, it has sparked many conversations across the globe. Will social distancing continue once the pandemic is over? What will the future office look like? Will working from home be more widely practiced? Tony Snaith, CEO at Communicate PLC, discusses.
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Deals

£85m boost for affordable housing firm

LGIM Real Assets has provided an £85m long-term financing package to North East affordable housing provider believe housing.
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“Record-breaking year” at investment firm

Par Equity has reported a "record-breaking year" despite the challenges sparked by the Covid-19 pandemic on much of the economy. 
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Betway owner set for US listing

The parent company of Betway is set to list on the New York Stock Exchange as part of a deal with a US investment firm.
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Alternative lender Blazehill Capital launches

Blazehill Capital – an alternative lender focusing on providing working capital funding to mid-market UK businesses – has launched.
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Insider Feature
Feature 2

Business Matters: How do SMEs plot a route back to normality as loan payments fall due?

As repayments from loan schemes fall due, Iain Nairn at Leonard Curtis looks at how owner managers can plot a route through.
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Business

Scott Bros creates jobs after ramp-up

Family-run business Scott Bros is creating jobs after ramping up production of its recycled aggregate, sand and topsoil.
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Jet2 set to report loss of up to £385m

Jet2 is set to report losses of up to £385m in its full-year results due to the impact of the Covid-19 pandemic.
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Cyber firm boosts headcount

A cyber security business has created eight jobs in Newcastle.
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Property

Revamp planned for industrial site

A County Durham manufacturing facility is to undergo a major revamp following a deal brokered by Naylors Gavin Black.
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£100m funding injection for Stonewater

Stonewater has secured £100m in new funding following a restructure to maximise capacity to bring forward its planned 6,000 affordable homes over the next four years.
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First homes reserved at Corbridge

The first homes at a new housing development in Corbridge have been reserved as construction progresses on site.
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Manufacturing

PFF Group invests in machinery to boost PPE production

PFF Group has invested in new equipment to speed up production of disposable personal protective equipment (PPE) at its plant in Washington, Tyne and Wear.
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PZ Cussons buoyed by continued momentum

PZ Cussons, which is behind the Carex, Original Source and Imperial Leather brands, has been buoyed by maintaining the renewed momentum it has enjoyed over recent months.
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Other News

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