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North East
Monday 5 October 2020

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Return to profit for appliance manufacturer

A County Durham-headquartered appliance manufacturer has reported a return to pre-tax profit in newly released 2019 results. The company's chairman has also said that the business is now "recovering strongly" from the impact of the Covid-19 pandemic.
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Insider Feature
Feature 1

Ask the Expert: Supporting your new virtual team to promote business success

Dianne Sharp, CEO of Sunderland-based learning experience The Leadership Academy, shares her thoughts on the importance of teamwork, particularly in a remote environment.
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Deals

Asda sold to consortium for £6.8bn

A sale of Asda to a consortium including the owners of Euro Garages and private equity firm TDR Capital, valuing the supermarket giant at £6.8bn, has been agreed.
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LV= in exclusive talks with investment giant

Financial mutual LV= has revealed that it is in exclusive discussions regarding a potential transaction with a global private equity firm.
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Business

The Great Northern AI Summit is less than one week away

AI Tech North's Great Northern AI Summit gets underway in one week and is set to explore the revolutionary world of AI and how it is a part of several areas of people's everyday lifes.
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Accountancy firm eyes further growth after office move

A Consett-based accountancy firm is eyeing further growth after moving into a new office. The business has also announced a raft of new appointments to support its growth plans.
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Sunderland AFC sign new digital partnership

Sunderland AFC have said that they are continuing to invest in their digital media offering, with the club having agreed a new digital partnership to support the launch of a new mobile application.
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Cineworld to close all UK and US sites

Cineworld is to temporarily close all of its sites in the UK and US as a result of film release delays caused by the outbreak of Covid-19.
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Property

Plans in for landmark office buildings

Plans are in for two landmark office buildings in Sunderland aiming to provide new grade A accommodation for businesses in the city.
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Plans lodged for job-creating village housing scheme

Plans have been lodged for a new village housing development expected to create almost 80 jobs during its construction.
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Work starts on Redcar cinema transformation

Work has started on the transformation of an historic Redcar cinema after plans by GT3 Architects were given the green light.
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Feedback welcomed on plans for 225 new homes

Gentoo is welcoming feedback on new proposals to build 225 affordable homes in the Carley Hill area of Sunderland.
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Sale completes on former seafood restaurant

Specialist business property adviser Christie & Co has completed the sales of a former seafood restaurant in Newcastle.
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Work starts on new Teesworks entrance

Work has started on the construction of a new entrance for the Teesworks development site.
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Manufacturing

Sterling expands with acquisition of US site

Cramlington-headquartered contract development and manufacturing firm Sterling Pharma Solutions has expanded through the acquisition of a US facility.
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Growth for Portakabin owner in latest results

The historic group behind modular building manufacturer Portakabin has reported growth in turnover and pre-tax profit in recently filed financial results.
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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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