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North East
Tuesday 28 July 2020

Latest News

Top Story

Greggs slips to £65m loss following pandemic impact

Greggs has slipped to a £65m pre-tax loss in its interim results after the Covid-19 outbreak forced the closure of its stores. However, the bakery giant said it was now "well prepared to deal with the challenges of social distancing".
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Insider Feature
Feature 1

Ask the expert: New Corporate Insolvency and Governance act brings hope for rescue of distressed businesses

The Corporate Insolvency and Governance Act, which includes the biggest changes to the restructuring and insolvency framework in a generation, has recently been introduced as part of the government’s response to the Covid-19 pandemic. Neil Harrold from Hay & Kilner LLP offers his advice on this new act.
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Deals

Travel company secures Barclays funding support

A North Tyneside adventure travel company has secured funding from Barclays to allow it to continue to trade during the Covid-19 outbreak.
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Dechra completes £104.7 portfolio buy

Veterinary pharmaceuticals business Dechra has completed a £104.7m deal for the worldwide rights to a product portfolio geared towards keeping dogs healthy.
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Insider Feature
Feature 2

Business Matters: How digital communications can help businesses recover and re-engage

Dr David Hart - Associate Professor in Marketing at Northumbria University, shares top tips for businesses looking to harness the power of digital communications in their post-Covid recovery.
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Business

Government-backed schemes boost business lending at Virgin Money UK

Virgin Money UK has reported strong growth in business lending following demand for government-backed Covid-19 funding support schemes.
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North East business confidence highest in the UK – Lloyds Bank

Business confidence in the North East was at the highest level of all UK regions during July, according to research from Lloyds Bank Commercial Banking.
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Half-year revenue drops 20 per cent at Travis Perkins

Travis Perkins' revenue dropped 20 per cent in the first six months of 2020 because of the Covid-19 pandemic.
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Property

Hermes acquires pair of units

Parcel delivery giant Hermes UK, supported by Lambert Smith Hampton (LSH), has acquired two units in the North of England measuring a combined 159,304 sq ft.
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Work starts on multimillion-pound flood scheme

Construction work has started on a multimillion-pound flood defence scheme in Middlesbrough.
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Listed former bank converted to apartments

A listed former bank in Northumberland has been converted into apartments.
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Planning consultancy working on host of schemes

A North East planning consultancy is working on a host of new developments which could support the creation of hundreds of jobs in the region's leisure sector.
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Other News

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