Today's North East business news from Insider |
| Ask the expert: Experts warn that 'debt tsunami' is on the horizon | The insolvency profession has sounded warnings for quite some time about a predicted 'debt tsunami' resulting from the Covid-19 pandemic. Now it looks like it's finally arrived. But what can businesses do to get ahead of the wave? Julie Parr, director of business improvement at Muckle LLP, offers her advice.
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| “Cautious” start for M&A activity in the North East - Experian | The number of transactions recorded in the first quarter of the North East's M&A market fell, according to a new report, which also details the most active advisers. However, it was noted that while the figures indicated a "cautious start" to the year, they were up against the "busiest ever quarter" for activity in the region in Q1 2021.
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| Business Matters: The rise of sustainable entrepreneurship in the North East | Ian Wilson from Mercia Asset Management PLC, says the North East’s ability to reimagine its economy is well documented. Amidst the backdrop of fast-growth and M&A activity during the green power transition, intrepid sustainable start-ups are seizing the moment. The diverse businesses now ascending are evidence of a new kind of sustainable entrepreneurship emerging in the North East which are distinct but still relate to the region's prior history of endemic entrepreneurship.
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| Keeping the show on the road | Commercial vehicle specialist North East Truck and Van has dealerships across the North East and other parts of the North of England, employing over 200 people and has been supplying first-class services to customers for other 50 years. Philip Cunliffe caught up with managing director John McDonald to find out the secret to the company’s success.
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| TMD Friction expands team | Hartlepool-based automotive manufacturer TMD Friction has expanded its UK engineering excellence department to support further growth of the business.
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