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North East
Wednesday 4 August 2021

Latest News

Top Story

Revenue and profits up at motor factor

Revenues have climbed and pre-tax profits have surged at a North East-headquartered motor factor which specialises in vehicle components, accessories, car care products, tools and garage equipment.
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Insider Feature
Feature 1

Ask the expert: How can businesses achieve high growth through 2021 and beyond?

Sean Longsdale is managing director of the Structured Finance Group at Santander UK Corporate & Commercial. He shares his thoughts on how businesses of all sizes have been able to achieve high growth throughout the pandemic and how they can continue and indeed build through 2021 and beyond.
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Deals

LPW Group completes North East acquisition

Vehicle cleaning specialist LPW Group has completed its second acquisition in six months after taking on one of the largest commercial valeting businesses in the North East.
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US group fashions deal for Sweaty Betty

Fitness and lifestyle brand Sweaty Betty has been acquired by US group Wolverine World Wide in a $410m deal.
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KCOM completes sale of national ICT business

Broadband and communications provider KCOM has completed the sale of its national ICT business to Nasstar.
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Dreams acquisition completes

The $475m acquisition of Dreams, a bed retailer with sites across the UK, has completed.
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Business

Plant hire firm scaling up after equipment investment

A Teesside plant hire firm is scaling up after securing funding to purchase new equipment.
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Sushi restaurant to open on Grey Street

A sushi eatery in Newcastle is moving to a permanent site after debuting at STACK.
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Property

PBLT “positive” in “resilient sector”

TOC Property Backed Lending Trust (PBLT), which is managed by Newcastle-based Tier One Capital, has reported a "positive" financial performance in a "resilient sector"
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Home and body products retailer to open at Metrocentre

A luxury home and body products retailer is to open a new store at the Metrocentre.
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Manufacturing

Turnover surges past £400m mark at dairy giant

Turnover surged past the £400m mark at the UK arm of a dairy products supplier best known for its Kerrygold and Pilgrim's Choice brands during its latest financial year.
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Other News

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