Investment boost for glass manufacturer after profitable year

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Today's North East business news from Insider |

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North East

Thursday 21 April 2022

LATEST NEWS

TOP STORY

Investment boost for glass manufacturer after profitable year

Durham-based Clayton Glass has outlined plans for major investment into its machinery and increasing its capacity, following a successful year where turnover and pre-tax profits increased.
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INSIDER FEATURE

Payment Perfection

North Shields-headquartered emerchantpay was founded in 2002 and has 17 offices worldwide. It specialises in online, mobile and point-of-sale payment services to help businesses optimise payment flow. The company has been at the forefront of the evolving payment industry, developing innovative solutions such as eWallet services. Insider's Philip Cunliffe spoke to chairman and chief executive, Jonas Reynisson, to learn more.
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DEALS

Life sciences marketing agency backed by NorthEdge

A Newcastle-headquartered life sciences marketing agency has secured investment from private equity firm NorthEdge, to help "supercharge" its service offerings and increase its international presence.
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Additional £19.6m of NPIF funding to support businesses

FW Capital has revealed an additional £19.6m of NPIF funding which will support businesses across the North West and Tees Valley.
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Rubicon completes utilities business carve-out

Industrial private equity investment firm Rubicon Partners has acquired the utilities business of Amey in a carve-out transaction.
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Card Factory agrees refinance with banks

High street gift card retailer Card Factory has agreed terms of a refinancing with its banking syndicate.
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INSIDER FEATURE

Ask the Expert: What employment tax issues do business owners need to focus on in April 2022?

Lee Muter, employment taxes partner at UNW, looks at the key considerations for employers facing spiralling employment costs and the need to attract and retain a talented workforce.
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PROPERTY

Plans to sell council HQ to Durham Uni to be discussed

Durham County Council's cabinet is set to discuss plans to sell its headquarters and civic and office accommodation at The Sands to Durham University.
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Gateshead micropub plans refused

Plans to transform a vacant pharmacy in Whickham into a micropub have been refused due to concerns about the impact on residential amenity in the vicinity.
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Supported housing village work underway

Vistry Partnerships North East has started work on a supported housing village in Redcar.
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Landsec launches retail and hospitality packages

Property giant Landsec has launched a new product offering for retail and hospitality brands, developed in response to rising demand from digital natives and the rapidly evolving needs of traditional retailers.
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BUSINESS

North East firms honoured in Queen’s Awards 2022

Companies across the North East have been honoured in this year's Queen's Awards for Enterprise, with businesses under the spotlight for innovation and international trade.
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PM to reveal £1bn commercial deals on India visit

Prime Minister Boris Johnson is set to reveal a number of commercial agreements today, including more than £1bn in new investments and export deals creating almost 11,000 jobs across the UK, as he arrives in Gujarat for the start of a two-day visit to India.
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Senior promotions at NEL Fund Managers

NEL Fund Managers has promoted two members of its investment team on the back of the impact of their work with growing businesses across the region.
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New centre manager at Dalton Park

County Durham shopping destination Dalton Park has appointed a new centre manager.
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