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North East
Tuesday 18 August 2020

Latest News

Top Story

Deal agreed for £60m Sunderland regeneration scheme

A deal has been agreed to bring forward a £60m Sunderland regeneration scheme that could support the creation of 1,600 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

Biomass company secures further funding

A Teesside business which generates fuel and chemicals from waste biomass has secured further funding from investors following successful trials of its technology.
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Swedish Group acquires glass manufacturer assets

A Swedish group has acquired the assets of a North East glass manufacturer out of administration, safeguarding more than 100 jobs.
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Diageo strikes huge Aviation American Gin deal

Diageo has reached an agreement to acquire Aviation American Gin – which is co-owned by actor Ryan Reynolds – in a deal worth up to $610m.
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Business

easyJet confirms closure of three UK bases

Budget airline easyJet has confirmed plans to close three bases will go ahead.
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M&S reveals plans to cut 7,000 jobs

Retail giant Marks & Spencer has announced plans to cut about 7,000 jobs over the next three months "to further streamline the business".
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Encouraging Q1 for wealth management firm

Newcastle-based wealth management and property lending firm Tier One Capital has reported a stronger than expected first quarter despite turbulent financial trading conditions and the Covid-19 lockdown.
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HGV market falls almost two thirds

The UK’s new heavy goods vehicle (HGV) market fell by almost three quarters in the second quarter of 2020, according to new figures.
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Property

Further improved trading for Northern Bear

Newcastle-headquartered building services company Northern Bear has reported strong trading in the opening months of its financial year.
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Table tennis venue reopens in larger unit at The Bridges

A table tennis venue has reopened in a larger unit at The Bridges shopping centre in Sunderland.
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Profits fall at Persimmon but house sales bouncing back

Pre-tax profits have fallen by more than £200m in the interim results for Persimmon following the Covid-19 outbreak, but the listed housebuilder has recorded strong growth in sales since July.
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Manufacturing

Aston Martin unveils James Bond special editions

Aston Martin is marking the release of the 25th James Bond film with two exclusive 007 special editions inspired by the cars featured in No Time to Die.
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Other News

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