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North East Monday 10 January 2022

LATEST NEWS

TOP STORY Profits jump at Barker and Stonehouse Stockton-based furniture retailer Barker and Stonehouse has reported a 'strong' trading year with an increase in turnover and pre-tax profits, despite stores being temporality closed as a result of the coronavirus pandemic. Read More

INSIDER FEATURE Ask the expert: The mergers and acquisitions deal market Steve Plaskitt, head of corporate finance at MHA Tait Walker, looks ahead to growth and changes in the deal market in 2022, the hot sectors and the implications for deals. Read More

DEALS Sports scientists secure investment for employee wellbeing app Two sport and exercise scientists have raised £800,000 from the North East Venture Fund (NEVF), supported by the European Regional Development Fund and managed by Mercia, to further develop their employee wellbeing app. Read More Strong year for Dow Schofield Watts’ Northern dealmakers Dealmakers at Dow Schofield Watts' Northern offices almost doubled the volume and value of deals completed in 2021. Read More Deal struck for €4.9bn fleet management firm A fleet management and mobility giant looks set to be acquired by global counterpart ALD in a "transformative" deal worth €4.9bn. Read More CMA launches investigation into £775m equipment auctioneer deal The Competition and Markets Authority (CMA) has launched an investigation into the £775m acquisition of 200-strong specialist heavy equipment auction house by an international counterpart. Read More

PROPERTY Residential development to progress despite objections Plans for a residential development, including 45 homes and a children's care facility, in Newcastle look set to get the go ahead despite objections. Read More Go ahead for latest Northumberland Line station The fifth of six new stations as part of the Northumberland Line rail scheme has been given the go-ahead. Read More Plans submitted for Stockton residential scheme An application has been submitted for the creation of 178 homes in Stockton, which would involve a capital investment of £35m. Read More Northumberland pub to get £350k revamp The Diamond pub in Ponteland is set to undergo a £350,000 revamp by Heineken-owned Star Pubs & Bars and Vaulkhard Leisure. Read More

BUSINESS Strong pipeline for Protector Group The chief executive of Gateshead-based security company Protector Group has said that it traded 'solidly' in 2021, with a strong pipeline of projects for the coming months. Read More Gateshead council reveals community investment strategy Gateshead Council has revealed its asset management strategy for the next five years, which confirms plans to spend £96m of capital investment on its homes and communities. Read More 2021 bounce back for UK LCV market UK new light commercial vehicle (LCV) registrations bounced back from the pandemic-hit 2020, according to the latest figures. Read More

MANUFACTURING Sales soar at Lotus Cars Sports and racing car manufacturer Lotus Cars has reported its best annual global retail sales performance since 2011. Read More

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UPCOMING EVENTS 24 Mar Insider Made in the North East Awards 2022 19 May Insider North East Property Awards 2022 21 Jul Insider Made in the UK Awards 2022 29 Sep Insider North East Dealmakers Awards 2022

SERVICES & GUIDES Corporate Finance Directory Find an adviser to help you buy, sell or invest in a business. Read More Best Places to Meet The region's top places to hold events, conferences and meetings. Read More

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