Tuesday 24 August 2021

Revenues have passed the £30m milestone at a glass manufacturer, newly financial results have revealed, although the business reported a pre-tax loss. It is now eyeing a turnover of £40m for 2021, its owner has told Insider.
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Jordan Dargue, access to finance manager at Innovation SuperNetwork, says changing economic conditions mean accessing finance for small businesses can be extremely challenging. The economic impact of Covid-19 has certainly had a significant effect on innovation-led and early-stage businesses seeking sustainable funding for the future.
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The board of Tanfield has provided an update on its investment in aerial work platform Snorkel International Holdings as it continues to recover from the Covid-19 pandemic.
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New SME bank Recognise Bank has revealed a successful £14m capital raise, including fresh investment from one of its existing shareholders.
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Two derelict farm buildings are set to be demolished to pave the way for further investment at a major North East manufacturing park.
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A £34m contract to construct a new Sunderland eye hospital has been put out to tender.
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A regional training and certification consultancy is celebrating 40 new contract wins despite a challenging 12 months.
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Houghton-le-Spring-based Clixifix has appointed a new chief technology officer.
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Prime Minister Boris Johnson has appointed ten trade envoys who will boost British business in dynamic markets such as Australia, Brazil and Canada. 
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