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North East
Thursday 4 March 2021

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North East leaders react to Budget boost

Businesses and organisations in the North East have reacted to Rishi Sunak's Budget, which included a number of announcements that will provide a major boost to the region's economy, namely the creation of a Freeport on Teesside and Darlington becoming the home of the Treasury's northern campus.
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Insider Feature
Feature 1

Business Matters: How joining forces with others boosts your decision making power

Karin Simonsen, marketing manager at Vistage, looks at how joining forces with others boosts your decision making power.
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Deals

Wynnstay completes double acquisition

Agricultural supplies group Wynnstay has completed two bolt-on acquisitions.
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KPMG UK agrees to sell restructuring arm

KPMG UK has signed an unconditional agreement for the sale of its restructuring practice to Interpath Advisory, a new entity backed by private equity firm HIG Europe.
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£14m YFM VCT fundraise fully subscribed

Two of YFM Equity Partners' managed venture capital trusts (VCTs) that opened top-up offers in early February are now fully subscribed, ahead of schedule, achieving a further £14m of committed funds from returning investors.
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National roofing firm bought by Cupa Group

Premium natural slate producer Cupa Group has acquired a national roofing specialist.
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Insider Feature
Feature 2

Roundtable: Doing Deals On Teesside

Insider’s Doing Deals on Teesside Roundtable brought together a group of corporate advisers and funders, together with two of the region’s business leaders. They discussed how Teesside can unlock further potential in the area, what businesses should do to maximise their offering to acquirers, how local and regional funds can be invested to leverage deals and what advice and support is on hand to help.
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Business

Offshore wind boost for Teesside and the Humber

The government is set to invest in sites on Humberside and Teesside in an effort to boost the offshore wind sector.
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NE sites eyed for energy infrastructure investment

Locations across the North East, including Alnwick, Newcastle City Centre and Teesside, have been earmarked for investment in energy infrastructure to stimulate economic growth post-pandemic.
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Small firms set for boost with £520m Help to Grow scheme

The government has launched a £520m Help to Grow scheme, providing a boost to small businesses as the country attempts to recover from the impact of Covid-19.
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Economy ‘to return to pre-Covid levels earlier than forecast’

The UK economy is set to return to pre-Covid levels by mid-2022, according to the Office for Budget Responsibility, six months earlier than initial forecasts.
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Property

NE locations backed by Towns Fund

Locations in the North East have been backed by the Towns Fund.
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Developer hired for historic former workhouse

Proposals for the £10m redevelopment of Hexham’s historic Union Workhouse have progressed, with contracts exchanged for new developers to take on the project.
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Other News

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Services & Guides

Corporate Finance Directory

Corporate Finance Directory

Find an adviser to help you buy, sell or invest in a business.
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Best Places to Meet

Best Places to Meet

The region's top places to hold events, conferences and meetings.
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