Today's North East business news from Insider |
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North East
Monday 4 May 2020

Latest News

Top Story

Tech firm completes six-figure funding round

A Newcastle-based tech firm which provides a text donation service has completed a six-figure funding round.
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Insider Feature
Feature 1

Ask the expert: Why engagement matters

Amrit Naru, director for ADP Architecture’s Newcastle studio, looks back on the practice's involvement in the award-winning regeneration of Spanich City, and how community engagement played such as strong part in turning the vision into reality.
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Deals

Talks over potential merger of car retail giants halted

"Early discussions" over a potential merger of two listed car retail giants have been halted.
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BAE Systems completes $275m takeover

BAE Systems has completed the $275m takeover of an airborne tactical radios operation.
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John Lewis eligible for Covid Corporate Financing Facility of up to £300m

John Lewis has received confirmation that it is eligible to access up to £300m of funding under the Treasury and Bank of England's Covid Corporate Financing Facility.
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US investment firm takes Intu stake

A US investment firm has taken a stake in shopping centre giant Intu.
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Business

Gateshead firm places second in Profit Track league table

A Gateshead-based energy specialist has placed second in the Sunday Times Profit Track league table, with a Stockton engineering group also being featured in the rankings.
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Senior appointment at Evolved Search

Newcastle-based search marketing agency Evolved Search has confirmed the appointment of a new head of people.
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Events booking platform aims to take online services nationwide

A Newcastle-based events booking platform is aiming to expand its online services nationwide following an increase in demand.
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Record quarter for Yorkshire and North East profit warnings - EY

The number of profit warnings issued by listed businesses across Yorkshire and the North East was higher in the first three months of 2020 than any previous quarter in the last 20 years, according to research from EY.
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Funding boost safeguards GB-NI air services

Air passenger services between Great Britain and Northern Ireland will be safeguarded through a £5.7m investment, the government has announced.
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High street law firms under immediate threat - report

Cashflow pressures and reduced fee income has put many small law firms at risk of collapse, the Law Society of England and Wales has warned.
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BIDs set for funding boost

Hundreds of business partnerships across England will share a £6.1m funding boost to spend on projects designed to help guide their economies through the uncertainty of the pandemic.
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Property

Thumbs up given to almost 30 new homes in Blyth

The thumbs up has been given to the proposed development of almost 30 new affordable homes in Blyth, Northumberland.
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Housing scheme on former council depot proposed

Proposals for the demolition of a former council depot to make way for a new housing development in Chester-le-Street have been published.
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Manufacturing

Rolls-Royce could cut up to 8,000 jobs - reports

Up to 8,000 jobs could be lost at Rolls-Royce after aircraft makers slashed production during the Covid-19 pandemic, according to reports.
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Engine production slumps 40 per cent

The production of vehicle engines in the UK slumped 40 per cent in March, new figures have confirmed.
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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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