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North East
Monday 17 August 2020

Latest News

Top Story

Housebuilder targets growth with £10m funding package

A North East housebuilder is aiming to double its turnover by 2023 after securing a £10m funding package from Lloyds Bank.
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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

Glass maker secures £2m Santander UK funding

A glazing manufacturer has secured £2m funding from Santander UK to support growth following an acquisition at the end of last year.
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BGF-backed opticians group makes trio of acquisitions

BGF-backed Bayfields Opticians and Audiologists has completed a trio of acquisitions as part of its UK-wide expansion.
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Gymshark valued at £1bn as US PE firm takes stake

A US private equity firm has taken a significant stake in fitness apparel business Gymshark in a move that has valued the company at more than £1bn.
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Business

Saggezza makes senior appointment

Sunderland-based technology business Saggezza has made a senior appointment.
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“Ingenuity and positivity” of businesses highlighted

Northern businesses have demonstrated "ingenuity and positivity" in their response to Covid-19 and can now can build on the lessons learned during the pandemic to support growth, according to an ambassador from Lloyds Banking Group.
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Newcastle insurance brokerage set for growth

A Newcastle-based insurance brokerage is on track to grow turnover and headcount following a rise in enquiries since the start of the coronavirus outbreak.
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Jet2 set to cut more than 100 pilots

Jet2 is set to make more than 100 pilots redundant across its UK bases.
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Debenhams ‘brings in liquidator’ in contingency move

Debenhams has reportedly brought in Hilco Capital to draw up plans for a possible liquidation process.
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Property

Consultation launched on MetroGreen plans

A consultation has been launched on plans to transform brownfield land surrounding the Metrocentre in Gateshead.
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Historic Northumberland hotel brought to market

A Northumberland hotel with elements dating back to the 15th century has been brought to market by Christie & Co.
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Other News

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