SEPTEMBER 2011

THE Tyne and Wear Development Company celebrated its 25th anniversary, with chairman Paul Watson hailing the "thousands of jobs" created due to its influence.

THE Tyne and Wear Development Company celebrated its 25th anniversary, with chairman Paul Watson hailing the "thousands of jobs" created due to its influence.

Nissan also marked a quarter-century in the region this month.

The Business and Enterprise Group revealed another 170 jobs could go in the run-up to Christmas, in addition to the 135 lay-offs announced last year. The company was adjusting to the closure of the Business Link advisory service in November.

Gateshead-based dealership Vertu Motors said it expected to break £1 billion in sales in the financial year to February 2012.

Its last annual results jumped 22% to £999m.

The region paid tribute to Geoff Waterfield, after the union leader passed away suddenly at the age of 43. As chairman of the multi-union team at Teesside Cast Products in Redcar, he campaigned tirelessly to save the plant when it was mothballed by Corus. Close friend Craig Brooks described him as honest and open and someone who stood up for what was right.

A group of 10 teams got to work in Newcastle as part of the Ignite100 programme. Europe’s first £1m digital accelerator challenged digital firms to develop their ideas with guidance from a string of mentors. The teams demonstrated their progress at an investors’ day in December.

Roger McKechnie announced he was standing down as director of Consett’s Tanfield Foods. The 70-year-old set up the firm with Keith Gill in 2004, and turned it into a business generating more than £1m in revenues a month.

The new £50m Downing Plaza home of Newcastle University Business School officially opened its doors to students. The first phase of redevelopment of former Scottish and Newcastle brewery site was described by Newcastle University Business School director Ian Clarke as one of Newcastle’s newest and most architecturally innovative developments.

 
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