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North East
Thursday 7 May 2020

Latest News

Top Story

Vertu builds order bank during lockdown

Listed car retail group Vertu Motors has built up an order bank of more than 1,500 vehicles during lockdown and is now putting plans in place to reopen dealerships.
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Insider Feature
Feature 1

Business Matters: COVID-19 – a crisis apart

As the economic fall-out from Covid-19 bites, John Swarbrick, head of portfolio at BGF, considers what management teams can do to navigate the here and now.
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Deals

Fresh acquisitions for Fairstone

Newcastle-based Fairstone has completed the acquisition of another pair of financial services firms through its downstream buy out programme.
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Sales performance firm eyes growth after a pair of acquisitions

A new sales performance company is eyeing growth after acquiring businesses in Middlesbrough and Leeds.
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Virgin Media and O2 in ‘game changing’ merger

Broadband network Virgin Media is to merge with O2 after their owners agreed a joint venture which values the businesses at £18.7bn and £12.7bn respectively, creating a 'game changer with the financial strength to invest in UK digital infrastructure'.
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More than 60 deals for NPIF since start of 2020

The Northern Powerhouse Investment Fund (NPIF) has completed more than 60 deals since the start of 2020.
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Bounce Back Loans initiative approves £2bn worth of applications

The Bounce Back Loans scheme has approved more than 69,000 applications worth about £2bn during its first 24 hours.
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New lenders approved for emergency loan scheme

The British Business Bank has approved nine new lenders for accreditation under the Coronavirus Business Interruption Loan Scheme (CBILS).
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LA investor takes Rolls-Royce stake

A Los Angeles investment company has taken a 5 per cent stake in Rolls-Royce.
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Insider Feature
Feature 2

Ask the expert: Why engagement matters

Amrit Naru, director for ADP Architecture’s Newcastle studio, looks back on the practice's involvement in the award-winning regeneration of Spanish City, and how community engagement played such as strong part in turning the vision into reality.
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Business

New partner hire for DAC Beachcroft

International law firm DAC Beachcroft has expanded its construction team in Newcastle with the appointment of a new partner from Womble Bond Dickinson.
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LCV market slumps due to Covid-19 lockdown

The UK new light commercial vehicle (LCV) market slumped 86.2 per cent in April as nearly all registrations stopped due to the coronavirus lockdown, new figures have confirmed.
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Postponement for 2021 business rate revaluation

A revaluation of business rates will no longer take place in 2021, the government has confirmed.
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Property

Howarth Litchfield appointed to multimillion-pound education project

Durham-based architecture firm Howarth Litchfield has been appointed to multimillion-pound education facility set to be constructed in Redcar.
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Construction industry needs government green light – FMB

The construction industry needs a green light from the government to ensure that sites can be re-opened safely, according to the Federation of Master Builders (FMB).
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Manufacturing

Materials Processing Institute secures research grant

The Materials Processing Institute has secured a five-figure grant for a research project investigating methods of converting steelmaking slag into high-grade road surfacing material.
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Müller’s sales surge during lockdown

Yogurt brand Müller has reported a surge in sales throughout March and April compared to the first two months of the year.
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