Friday 15 October 2021

Plans for a residential development of up to 500 homes to the east of Durham City are recommended for approval when they go before councillors next week.
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Lee Humble from MHA Tait Walker says business valuation and the related methodology is a topic which corporate financiers are forever discussing with their clients, funders and often HMRC.
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A management buyout (MBO) has been completed at a Northumberland-based hosiery business, supported by Mincoffs Solicitors.
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TechnipFMC has completed the acquisition of the outstanding shares of Magma Global, a provider of composite pipe technology. As part of TechnipFMC's agreement, Victrex's equity interest in Magma Global has been fully acquired.
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The company behind restaurant chains Fridays and 63rd+1st is set to float following a demerger from its private equity owner.
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David Fairley, a partner at Sanderson Weatherall, says while it has been a legal requirement since 2008 to provide an Energy Performance Certificate (EPC) whenever a property is built, sold or rented, it was the introduction of Minimum Energy Efficiency Standards (MEES) Regulations in 2018, that created the beginnings of a pathway for trying to improve energy efficiency within buildings.
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Newcastle-based civil and structural engineering specialist RWO has been appointed to support the development of housing on the site of a former North East hospital.
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Esh Construction has won a £1.3m contract to undertake upgrade works and component replacements in more than 200 properties across Tees Valley and County Durham.
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Gateshead-headquartered Global Procurement Group has made a double appointment.
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Business energy consultancy Tritility has launched a major recruitment drive on South Tyneside.
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The managing director of JM Glendinning Professional Risks has been promoted to a new role with responsibility for the group's eight insurance broking businesses.
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