Business

Grainger agrees terms on sale of New Sovereign Reversions interest for £4.5m pre-tax profit

Andrew Cunningham, chief executive of Grainger plc
Chief executive Andrew Cunningham speaks of 'compelling opportunity' for attractive return while supporting joint venture partner

Smith Electric Vehicles joint venture could be worth £1.5m to Tanfield Group

Roy Stanley of Tanfield Group
Investment company sees 'significant opportunities in a developing EV market' as a result of new Delaware corporation

MetroMail managing director returns to the shop floor as staff enjoy away day

MetroMail managing director Alan Purvis in the firm's Seaham base
"I don't believe that because I'm at the top of the tree that I shouldn't be in touch with every area of the business," said Alan Purvis

Business leaders in the North East raise pressure on next Government for devolution

Grey's Monument stands out in the Newcastle City Centre skyline
Research from IPPR North suggests widespread backing for devolution for the North East as a priority after Thursday's election

County Durham based MASfab wins seven figure contract to construct new subsea plough

MASfabs fabrication facility in County Durham
Project is largest to date for County Durham fabricator, which is targeting revenues of £3m within three years

Meeting in Cumbria planned after First Milk announces more price cuts for some members

Rob Harrison, NFU dairy board chairman
70 jobs will be lost, and end product pricing introduced, as cooperative seeks to secure its future

Gateshead Aircraft engineer who turns bits of planes into furniture set for Grand Designs stage

Stuart Abbott
Gateshead-based Stuart Abbott turns salvaged aircraft parts into a weird and wonderful array of furniture for homes and workplaces

Northumberland-based skincare firm Skin Salveation celebrates 25 years in business

John Davidson, managing director of Skin Salveation
Managing director John Davidson believes internet marketing, partnerships and trusted quality will help business continue to grow

Administration at builders Southdale causes 30 North East job losses

Craig Knowles of Southdale
Part of the firm has been bought by Kier Living following the administration brought on by cash flow issues
John Waterworth, chief executive of Parkdean Holidays

Parkdean Holidays owner's profits boosted by holidaying Brits

The company behind the portfolio of 24 UK holiday parks saw operating profit rise nearly 20% to £19.7m last year, and trading is still strong

The Blue Bell in Corbridge reopens after £125,000 refit

The Blue Bell in Corbridge, which has been given a £125,000 refit
'Clear vision' for traditional British pub depends upon listening to the views of locals, says publican Paul Whittle

Dudley civil engineering firm The Owen Pugh Group invests in Morpeth Bypass Scheme

Owen Pugh's Paul Cockburn with the new Komatsu plant machinery
The group has invested £1.2m in new plant machinery and a specialist satellite navigation system off the back of the Morpeth contract win
The Hilton Newcastle Gateshead hotel

North East property deals top £154m in first three months of 2015

The most significant deal was the purchase of a Morrisons supermarket in Darlington for £45m

UK business park take-up hits record high in Bilfinger GVA report

Quorum Business Park
Cobalt Business Park recorded the biggest lettings but healthy activity was also noted at Quorum, Doxford and Fifth Avenue

Cairn Group invests £500,000 on makeover to create new Newcastle bar

Bar Berlise on Osborne Road, Newcastle, which is getting a £500,000 facelift
Around 20 new jobs will also be created in the project to transform Bar Berlise into a new destination bar called 97 & Social
National Farmers' Union President Meurig Raymond

Commodity price drop was major factor in farm profitability decrease, says NFU

President Meurig Raymond says next Government must put policies in place that support long-term growth

Meeting in Cumbria planned after First Milk announces more price cuts for some members

Rob Harrison, NFU dairy board chairman
70 jobs will be lost, and end product pricing introduced, as cooperative seeks to secure its future

Doddington Dairy collect BBC Food and Farming Award at top national ceremony

Neill Maxwell from Doddington Dairy
The Wooler cheese and ice cream makers pipped some of the UK's top food producers to the prestigious award
Nick Smith, (far left) with friends updated

North East chemistry teacher ditches the classroom to launch his own craft beer

Nick Smith has started The Steam Machine Brewing Company with the aim to bring North East brewed keg craft beer to drinkers

Employer Achievement Awards to celebrate North East SMEs who have upskilled staff

The team from A Khan Restaurants who are nominated for Employer Achievement Awards
Employers who used Intraining's free Skills Support for the Workforce programme will compete at awards

Senior business leaders offer free intensive leadership course for North East SMEs

Lucy Armstrong Chief executive, The Alchemists, Newcastle
Invest NewcastleGateshead and Common Purpose have teamed with some of the region’s high profile business leaders to help SMEs grow
The team at Hebburn-based Castle Building Services Organisation

Castle Building Services Organisation posts first quarter trading sales of £8m

Castle has reported higher than anticipated first quarter trading figures, as confidence continues in the North East

North East construction suffers from dip in workloads and labour shortages, survey says

Latest progress on the Co-op building, which is to be reopened as a Premier Inn and retail outlets, Interserve quantity surveyor Dave Robson
The RICS Q1 2015 survey found the housing market is healthy, but private commercial space and private industrials saw a drop in workload activity

RICS launches North East Building Surveying Group for region's construction sector

Kenneth Kelly, chair of the RICS North East Building Surveying Group
RICS has formed the North East Building Surveying Group, headed by chartered building surveyor Kenneth Kelly to meet and discuss issues that are important to the industry
Turbo Power Systems

Improved performance at Turbo Power Systems Inc. as strategic review continues

Board says there can be "no certainty" that proposals to sell the business will go ahead, or on the terms on which this could happen

Smith Electric Vehicles joint venture could be worth £1.5m to Tanfield Group

Roy Stanley of Tanfield Group
Investment company sees 'significant opportunities in a developing EV market' as a result of new Delaware corporation

David Cameron: Conservative Party will close the North-South divide

Prime Minister David Cameron
Prime Minister makes pledge as Conservatives pin hopes of election victory on North marginals

Videos & Photos

The Alternative Business Awards

Alternative Business Awards raises £19,000 for Tyneside charity

Andrew James celebrates as Durham firm is named North East Company of the Year

The Gazette and Journal North East Business awards final 2015 at Hardwick Hall Co Durham. Winners Andrew Tomlinson and James Buckle from Andrew James online retail

North East Business Awards: Durham's Andrew James named company of the year

 

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