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North East
Wednesday 12 August 2020

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TfN outlines £5bn Northern Infrastructure Pipeline proposals

A 30-year investment plan of infrastructure projects designed to underpin greener growth has been revealed by Transport for the North (TfN). The organisation believes the £5bn proposals pipeline of work will help create about 20,000 jobs.
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Insider Feature
Feature 1

Ask the expert: management buyouts - is now the time?

Lee Humble, associate partner at MHA Tait Walker, looks at the emergence of management buyouts in the M&A market.
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Deals

Specialist manufacturer acquisition named Deal of the Month

UTS Engineering's acquisition of a specialist attachment manufacturer for mobile plant machinery has been named as Insider's Deal of the Month for July.
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More than 1.2 million firms supported by government-backed Covid-19 schemes

More than 1.2 million businesses across the UK have now receive funding from lenders through government-backed coronavirus lending schemes.
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Business

Debenhams to cut 2,500 jobs

Debenhams has announced plans to slash 2,500 jobs to give the retailer "every chance of a viable future".
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North East consortium shortlisted for £50m boost

A North East consortium has been shortlisted for the chance to secure up to £50m to boost the region's economy.
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Newcastle agency makes appointment to senior team

Newcastle-based communications agency O has made an appointment to its senior team.
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Turnover tops £850m at Hermes UK

Turnover has grown to more than £850m at parcel delivery giant Hermes UK, which has recently agreed the sale of a majority stake to Advent International.
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Used car market almost halves in second quarter

The UK’s used car market almost halved during the second quarter of 2020, new figures have confirmed.
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Property

Completions fall at Bellway but recent signs “encouraging”

Housebuilder Bellway has reported a drop in completions of almost a third but said recent sales demand had been "encouraging".
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New images of arena regeneration scheme revealed

New images have been revealed of the new public spaces set to be created on the Newcastle:Gateshead waterfront as part of the arena-led regeneration scheme.
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LSH appointed to sell trio of hotels

Lambert Smith Hampton (LSH) has been appointed to sell three hotel assets formerly owned and operated by the Shepherd Cox Group on behalf of administrators.
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Construction company recruits following £30m of project wins

A North East construction company has taken on new staff after securing £30m of new projects across the UK.
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Manufacturing

Revenue and profits surge at iconic shoe brand

Revenue surged by almost 50 per cent at iconic shoe brand Dr Martens during its latest financial year, while its profits more than doubled.
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“Very promising” future eyed by pet food business

The family-owned business behind a pet food brand that can trace its roots back to the 1930s and is sold all over the world has said its outlook is "very promising" after reporting the results of its latest financial year.
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Other News

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