Thursday morning's business bulletin

Insurance payouts cut Co-op's profits; Retail group John Lewis sees 50% leap in profits; Higher oil prices impacts investor sentiment on London market.

Historic market town set for problem spot revamp

A NEW mixed use development is set to be built on a 4.25 acre site next to Hexham station in Northumberland, as landowner Network Rail aims to answer the long-running problem of how the town’s old goods yard will be developed.

everyone

ROLLING countryside and quaint villages all within a stone’s throw of Newcastle makes NE13 a prime spot for home buyers.

Revamp plan for Amble

CONSULTANTS have drawn up an action plan to improve a Northumberland coastal town after criticising its shopping and visitor facilities in a damning report.

Plans to cater for outsize coffins

A CREMATORIUM planned in the North-East will be able to deal with larger than average coffins to reflect rising levels of obesity.

Making the most of a caring society

The boss of Darlington Building Society is a very busy man.

Exclusive tie-up for bank and surveyor

FAST-GROWING surveyor and property management firm Johnson Tucker has signed for an exclusive tie-up with business bank Allied Irish Bank (GB) in Newcastle.

Thunder find the going tough

GATESHEAD are limping towards the end of a disappointing Co-op National League Two campaign after losing by 20 points at London Skolars for their fifth consecutive defeat.

Thunder extend run of defeats

BELEAGUERED Gateshead Thunder coach Dave Woods went on the defensive after his side slipped to a fifth consecutive Co-op National League Two defeat at the weekend.

Thorman gunning for his brother

FORMER Thunder old boy Paul Thorman is looking to put one over his former club and younger brother Neil when Gateshead make the long trip to the capital today.

Retail threapy

WHILE you’ve got the camera in your hand, taking snaps of the summer, capture your kitty for a Cats Protection photography competition, starting on August 28, which will help raise awareness of the important work the charity does re-homing at least 60,000 cats and kittens a year.

Co-op group buys chemists

THE Co-operative Pharmacy has completed a deal to buy the Alliance Pharmacy in Guisborough.

Thunder bid to revive fortunes

GATESHEAD Thunder will attempt to end a damaging three-game losing streak and record only their second double of the season when they travel to York City Knights tomorrow.

Friday's business news

British Airways posts better-than-expected results; Banks suffer as customers reclaim "unfair" charges; Co-operative Group to manufacture its own prescription drugs.

Staff fearful after Co-op stores' sale

WORKERS at two Northumberland Co-op stores were last night facing an uncertain future after it was announced that the shops would be put up for sale.

Friday's business news

  • NHS

Co-operative group to axe 1,000 jobs; Investment company Baugur denies Debenhams bid; Software firm iSoft agrees £160m offer.

Duke in town store scheme

REGENERATION work in a seaside town could be further boosted by a £5m investment planned by the Duke of Northumberland in a new 100-job supermarket.

Building site – to building sights

  • BBC

A chance encounter with Courtney Cox and David Arquette led to a bit part in horror film Scream 2 and inspired Sam Morton to pursue his dream of a career in film-making.

Thunder leave it to grab win

GATESHEAD Thunder claimed a dramatic last-gasp Co-op National League Two win over bottom club Blackpool Panthers after a first-half horror show was put right in a nail-biting second-half.

Best of Indian brass at festival

A BRASS band from India generated some welcome heat under the grey skies of County Durham yesterday.

Stop smoking to protect our world

Did you know that your cigarettes are costing the earth? Here Claire Atherton finds some compelling reasons to stub them out for good.

100-year link is ended

The closure of a superstore marked the end of an era yesterday.

Co-operative cash boost

MEMBERS of The Co-operative Group across the Tees Valley will receive a share of profit payment totalling £360,000 this month, while community projects are also set to benefit by more than £13,000.

Barclays pledge over jobs cuts

Barclays pledged it would look to avoid compulsory job cuts "where possible" if its £45bn merger with Dutch bank ABN Amro goes ahead.

Blaydon plans race ahead

Plans for the re-development and extension of Blaydon Shopping Centre - including an 80,000sqft supermarket for Morrisons - will be considered today.

Thunder's best earns victory

Gateshead Thunder produced their best defensive display of the season to overturn a half-time deficit and beat Yorkshire outfit Hunslet Hawks at the Thunderdome, writes Jeff Bowron.

Glimpse of the past

The North-Eastern Co-op has donated £1,000 to help children and young people in Newbiggin-by-the-Sea act out the past at the village's annual summer pageant over the August Bank Holiday weekend.

Gateshead Thunder 18, Hunslet 6

Gateshead Thunder produced a storming second half comeback to turn the tables on Hunslet Hawks and secure three valuable Co-op National League Two points.

Public sector strike threat

  • NHS

The country's biggest public sector union yesterday decided to coordinate pay campaigns in the NHS and local government, raising the prospect of a strike by millions of workers in the autumn.

Fisherman rescued

A fisherman was rescued by a fellow sailor yesterday after his boat started sinking.

People on the move

  • ITV

Bill hamilton has been appointed managing director of Hebburn-based Variable Message Signs Limited (VMSL), the UK's leading supplier of driver information systems,

Big store shuts its rural rivals

A supermarket has been accused of trying to monopolise trading in Northumberland towns and villages by buying up competing stores and closing them down.

DURING the last few years, Teesside has undergone a radical revamp as regeneration plans begin to transform the area into a major centre for new and emerging industries.

From arts and culture to major changes in residential and commercial properties, the area is certainly changing.

Luxury future in store for old Co-op

A department store on Teesside is to be transformed into 50 luxury flats in a £4.5m project.

New chief in post

THE Co-operative Group has appointed David Mockford as chief officer for its North Eastern and Cumbrian and Northern regions, with operational responsibility for 300 supermarkets and convenience stores.

Stake your claims now

A major benefits take-up campaign has been launched in County Durham to ensure all carers know what they can claim.

Thunder can't see off the Skolars

Gateshead Thunder failed to complete a hat-trick of consecutive wins over the bottom three sides in Co-op National League Two when they lost by eight points at home to London Skolars yesterday.

Th_nk of number, double it

Crowned the 2006 Culture and Creative category winner, TH_NK is a business that has undergone substantial growth in the competitive world of new media.

'Better times' are on horizon

The former Northumberland coal-exporting port of Amble is not high up in the region's retail hierarchy; indeed some may argue that it is pretty close to the bottom.

Safety work at junction

A scheme to install traffic lights on a busy road junction in the North will start next week.

Journalists

David Whetstone
Culture Editor
Graeme Whitfield
Business Editor
Mark Douglas
Newcastle United Editor
Stuart Rayner
Sports Writer