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North East Thursday 16 December 2021

LATEST NEWS

TOP STORY Return to profit for logistics company A Washington-based automotive logistics company, which employs more than 800 people in the region, has reported a return to profitability with plans for further investment in innovation. Read More

INSIDER FEATURE Ask the expert: Can wellbeing help when designing a successful community? Rebecca Petas, senior project manager at Atkins, says community is a social unit that shares something in common. In Atkins' case, the community we refer to surrounds a co-location with a shared interest in making a place their ‘home’. Read More

DEALS New owner for Punch Pubs & Co Punch Pubs & Co, which is behind 1,300 establishments across the UK, has been snapped up by Fortress Investment Group along with existing management. Read More M&S inks £850m Net Zero-linked credit facility Marks & Spencer has agreed a new £850m revolving credit facility which is linked to its Net Zero targets. Read More

PROPERTY Work commences on “transformational” £300m Tyneside scheme Work has begun on the £300m NewcastleGateshead Quays regeneration development, which is expected to create 2,000 jobs and will include an arena and conference centre. Read More Topland acquires Newcastle office building for £19.4m Investment group Topland has acquired two UK office assets, including Newcastle's Citygate II, for a total of about £31.4m. Read More LXi REIT acquires major retail space LXi REIT, the inflation-protected long income REIT, has acquired a long-let property, currently let to Sainsbury's, which has been independently valued by Knight Frank at £58.9m. Read More Green light for Peterlee housing scheme Plans for a residential development of 59 homes in Peterlee have been backed by Durham County Council. Read More Actually Parks forms partnership with hospitality company Holiday park and resort developer Actually Parks has revealed a new partnership with a Sunderland-based hospitality consultancy which could create 500 jobs in two years. Read More

BUSINESS Scott Bros unveils recycled brick prototype A Stockton-based business that provides haulage, plant hire and recycling services has created three prototype bricks engineered from recycled waste clay that could help the construction industry be more sustainable. Read More ID Partnership appointments set to boost carbon goals Newcastle-based masterplanning and architecture company ID Partnership (IDP) has appointed two equity partners, and made two associate promotions, who will be responsible for setting out zero carbon targets for the firm. Read More Shipping insurer outlines net zero plans Tyneside-based shipping insurer North P&I Club has revealed plans to reach net zero carbon emissions by 2030. Read More Senior promotions at Vistry Partnerships Vistry Partnerships has announced the promotion of two of its North East development and construction specialists who have led the business to record breaking expansion. Read More

MANUFACTURING Premium butcher ramps up pigs in blankets production A premium sausage maker is ramping up production to make a record number of pigs in blankets to allay fears of a shortage this Christmas. 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 30 Jun 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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