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North East
Insider News
Tuesday 1 February 2022

LATEST NEWS

 

TOP STORY

Irish technology provider Version 1 has revealed plans to bring 200 new jobs to Newcastle when it sets up a base in the region.
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INSIDER FEATURE

During the Covid era, holiday parks benefited from massive popularity as people holidayed in the UK. This Insider roundtable, held at Harrogate’s Rudding Park Hotel, assessed the potential for further growth.
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DEALS

A Newcastle-based NFL analytics platform has secured a £300,000 investment from private investors, in a deal advised by Womble Bond Dickinson.
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The Northern Powerhouse Investment Fund (NPIF) has directly invested more than £300m into 952 businesses across the North of England.
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A bar operator is aiming to expand its footprint in the Midlands and the North after securing multimillion-pound funding from HSBC.
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Octopus Investments has launched a venture capital trust (VCT) to raise £20m to support scaling up businesses.
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INSIDER FEATURE

Now may be the time to consider your next role and securing a position in a private equity-backed business offers a great opportunity to participate in a life changing equity event. It is no surprise that these roles are sought after, but how do you seize an opportunity in this space? David Blair from BlairWest offers his advice.
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PROPERTY

Plans have been unveiled for an £80m leisure development at Riverside Sunderland, with the proposals including a 10,000-capacity arena designed to bring hundreds of thousands of visitors to the city every year.
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More than 250 jobs could be created under newly revealed plans to expand Tyne Tunnel Trading Estate with industrial and retail facilities.
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Plans for a 16MW solar farm which has the potential to power 100 per cent of Newcastle International Airport looks set to be backed by the council.
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Work on South Bank Quay, which will be used to load and ship wind turbine blades, has reached a milestone with its steel piles being driven into the ground in order to strengthen the quay wall.
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Static sealing company Flexitallic UK has moved into larger premises in the North East to meet a growing demand for its services.  
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BUSINESS

North East business confidence in January had the biggest drop of any UK region or nation, according to the latest Business Barometer from Lloyds Bank Commercial Banking.
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Newcastle-based O.agency has hired a sustainability lead, following the launch of its new service for businesses that want to communicate their green credentials.
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North Tyneside-based software as a service company Shoptimised has launched a new fashion marketplace to help retailers boost sales.
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Property company BNP Paribas Real Estate, which has had a presence in the UK for more than 150 years, has appointed its new co-heads of the North East team.
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MANUFACTURING

Jaguar Land Rover has reported a pre-tax loss for the third quarter of its financial year following the impact of the global semiconductor shortage.
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UK engine production declined by more than ten per cent during 2021, according to new figures.
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OTHER NEWS

 

UPCOMING EVENTS

 

SERVICES & GUIDES

 

Find an adviser to help you buy, sell or invest in a business.
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The region's top places to hold events, conferences and meetings.
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