Tuesday 7 December 2021

A historic North East law firm has reported increased profits and turnover following recent investments in staff and IT systems that smoothed the transition to remote working during the pandemic.
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Following the autumn Budget and publication of the government's 'Business Rates Review - Final Report' it transpires that whilst there will be some changes to the way in which business rates are administered, the way in which business rates are calculated will remain the same. Read what Sanderson Weatherall's rating experts thought of the changes.
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A Newcastle-based technology consultancy has launched a new share options scheme to give its entire team a stake in the business.
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Houlihan Lokey, the global investment bank, has successfully completed the acquisition of GCA Corporation (GCA).  
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The premium pet food business behind the Barking Heads and Meowing Heads brands has been acquired by the owner of Harringtons and Wagg.
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Stephen Ayers, regional director- North East at razorblue, says over the last few years, cloud computing has exploded as work went virtual and businesses adapted to the pandemic by focusing on the delivery of digital services.
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Lee Humble from MHA Tait Walker says as we rapidly head towards 2022, we in the deal community look back at what has been an incredibly busy period for mergers, acquisitions and capital raising. Deal volumes have generally been at record levels, with the combination of COVID-19, Brexit and tax changes (and particularly rumoured change) driving vendors toward objectives which may have previously remained a few years away.
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An independent advisory firm that was formed in 2021 has opened its new office in Newcastle city centre.
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New affordable homes are planned to be built in Easington Colliery following a £864,000 investment by FW Capital, which manages the North East Property Fund.
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Citrus Durham has secured a deal with Greggs to develop a stand-alone drive-thru at the Integra 61 development.
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Plans have been submitted for a sustainable housing scheme in Newcastle which is targeting older people, but will also include a limited number of family homes.
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Ryecroft Glenton Corporate Finance has unveiled a new appointment and promotion.
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Stockton-based Vianet Group is expecting to be back at pre-pandemic levels of trading in its next financial year, after posting an increase in interim revenue and a return to operating profit.
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A Gateshead-based technology specialist will expand its ultra-fast internet connectivity services to more organisations across the region following new investment in infrastructure.
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A strong second half has seen listed touch sensors manufacturer Zytronic return to profit, with the company now looking to make further progress.
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A Newton Aycliffe-based façade company has taken on new staff and tripled its turnover in a year, with plans to double that figure over the next 12 months.
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New car registrations grew during November but remained below pre-pandemic levels, according to new figures.
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