Business

Matt Boyle, President and Chief Executive Officer of the electric vehicle control manufacturer Sevcon

Gateshead-based Sevcon raises $10m growth cash pot

Gateshead-based Sevcon are putting growth plans into action after securing significant shareholder backing

Sage Group makes £96m acquisition of US business

Pascal Houillon, CEO of Sage North America
Sage Group, based in Newcastle, has acquired a US firm which specialises in services for SMEs

Sedgefield technology firm Kromek receives $1m exclusivity payment

Arnab Basu, chief executive of Kromek
County Durham technology firm Kromek has announced progress with a top four manufacturer in the CT market

Dianne Sharp: Politicians must think long term

Dianne Sharp, the regional director for the CBI
Regional head of the CBI says a long-term perspective is essential in the run-up to next year's election

Britain's biggest grocery chain Tesco admits overstating profits by £250m

Tesco
A number of members of staff have been suspended at supermarket giant Tesco amid an overstatement of profits

Let's Grow funding helps Cambridge Research Biochemicals expand

Dr Steven Ratcliffe has a look at the facilities at the official opening ceremony for Cambridge Research Biochemicals' new offices in Billingham
Life sciences company celebrates official opening of new Billingham facility as part of £0.9m investment

Steve Harper and sporting friends launch Oddballs underwear business

Left to right, Paul Varley, Steve Harper and Richard Metcalfe
Sporting pals Steve Harper, Richard Metcalfe and Paul Varley have launched an oddball business venture

Newcastle subsea giants Duco changes name to Technip Umbilicals

A Technip representative
Tyneside firm Duco hopes the move will cement the Tyne's position as a hub of the subsea industry

Rolls Royce link-up with Newcastle school shows commitment to apprenticeships

Excelsior apprentices Lukas Istok and Sarim Malik with Steven Bolton of Rolls-Royce
Teenagers from Newcastle's Excelsior Academy will combine time in the classroom with on-the-job training

North East's £40m forestry sector celebrated at Forestry and Firewood Fair

James Cookson of Meldon Park Estate
Forestry and Firewood Fair set to attract landowners, farmers and those with an interest in wood burning as sector continues to thrive
Craig McLeod

Business Interview: Craig McLeod founder and director of Naljets

Group of men including chief draughtsman R J Robson (fourth from left) stood in front of North Eastern Railway electric locomotive No 3, Darlington c. 1914. Courtesy of National Railway Museum, York

We look back to the North East's role as a rail pioneer

Andrew Miller

Andrew Miller: US dollar gaining favour among investors

Paul Stonebanks, managing director of AIS Training

Business Interview: Paul Stonebanks, managing director, AIS Training

The Top 200, 2014

Countdown has begun for the annual North East Top 200

Fastest 50, 2014

Hunt goes on for Fastest 50 companies in the North East

North East Business Awards 2015: All you need to know

Dianne Sharp, the regional director for the CBI

Dianne Sharp: Politicians must think long term

Regional head of the CBI says a long-term perspective is essential in the run-up to next year's election

Gateshead-based Sevcon raises $10m growth cash pot

Matt Boyle, President and Chief Executive Officer of the electric vehicle control manufacturer Sevcon
Gateshead-based Sevcon are putting growth plans into action after securing significant shareholder backing

Steve Harper and sporting friends launch Oddballs underwear business

Left to right, Paul Varley, Steve Harper and Richard Metcalfe
Sporting pals Steve Harper, Richard Metcalfe and Paul Varley have launched an oddball business venture
Fergus Trim, Development Director, Quorum Business Park

Unprecedented bid to sell North East at inward investment event

Public and private bodies from across the region come together for the first MIPIM event in the UK

Independent estate agents Venture Properties expand with £80,000 Durham branch

Todd Armstrong will lead Venture Properties new Durham City branch
The new branch becomes Venture Properties fifth office in its Durham network

New jobs to follow Aldi store proposal by Jomast

Plans to build a new Aldi food store are being proposed on the site of Armstrong House in Washington
Some 30 new jobs could be created at an Aldi store as part of new plans proposed by Jomast
Paul Brannen

Labour MEP to meet regularly with Northumberland farmers

Paul Brannen, who has met with a delegation of NFU members, says he will listen closely when it comes to issues affecting North East farming

North East's £40m forestry sector celebrated at Forestry and Firewood Fair

James Cookson of Meldon Park Estate
Forestry and Firewood Fair set to attract landowners, farmers and those with an interest in wood burning as sector continues to thrive

Would-be tenant farmers in Northumberland to receive coaching from the NFU

A rural farming scene
Agricultural body offers advice for those interested in securing mixed arable/livestick farms and developing upland farming businesses
Leigh Caven at her nursery in Longbenton

Nursery entrepreneurs secure future of Longbenton service

Paul and Leigh Caven will offer additional services after taking over nursery from Barnado's and safeguarding six jobs

Durham hen entrepreneur receives boost from Dragons' Den star Theo Paphitis

Margaret Manchester, the owner of Durham Hens
Margaret Manchester, who runs Durham Hens - a supplier of hens to the pet market - has won the retail magnate's Small Business Sunday competition

North East SMEs losing out on R&D tax relief

A collection of coins
New analysis shows London dominates in successful applications
Matt Johnson, Development Director at Wynyard Park together with Michael Henderson, Director of Lumsden & Carroll, part of Esh Group

Engineering specialists Lumsden & Carroll secure Wynyard Park contract

Infrastructure work is underway at Wynyard Park, making way for new homes on the 700 acre site

Owen Pugh Group reveal turnover of £37.3m following year of North East investment

John Dickson from Owen Pugh
The construction group said operating profit had increased 6.7% to £985,000

Hebburn community hub goes back to the future with new steel panels

A CGI of the Hub in Hebburn, South Tyneside
High quality steel sheeting will see Hebburn's Hub change colour as its construction unfolds
A Technip representative

Newcastle subsea giants Duco changes name to Technip Umbilicals

Tyneside firm Duco hopes the move will cement the Tyne's position as a hub of the subsea industry

North East manufacturers encouraged to think crowdfunding by top City fund manager

Nicola Horlick, the founder of Money&Co, says crowdfunding can help the region's manufacturers to remedy lack of working capital

Manufacturing faltering amid worldwide economic uncertainty, CBI says

Manufacturing
Output is solid but order books are below normal standards, a survey by the CBI finds

Videos & Photos

Left to right, Paul Varley, Steve Harper and Richard Metcalfe

Steve Harper and sporting friends launch Oddballs underwear business

Group of men including chief draughtsman R J Robson (fourth from left) stood in front of North Eastern Railway electric locomotive No 3, Darlington c. 1914. Courtesy of National Railway Museum, York

North East Transport Links Breakfast: We look back to the North East's role as a rail pioneer

Lisa and Adrian Brunton

Tyneside joinery firm Hastie Burton aims to invest for the future

 

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