Top 10 ranking for Port of Tyne

The Port of Tyne is now the 10th largest vehicle handling port in Europe, Automotive Logistics Magazine reported.

The Port of Tyne is now the 10th largest vehicle handling port in Europe, Automotive Logistics Magazine reported.

Last year the port, based at South Shields, was ranked as the 15th largest in Europe on figures based on activities during 2003.

In 2004, the port handled 179,489 new car imports and 292,898 exports, making 472,387 in all - 44% up on 2003's figures of 69,175 imports and 257,780 exports.

Boots ad blitz

HIGH street retailer Boots will launch an advertising blitz this weekend in its drive to revive UK sales. Boots did not reveal the cost of running the campaign, which features ads on TV, radio and national Press.

The first will be shown on ITV on Sunday during the interval of soap Coronation Street and will promote the Botanics range of beauty products that Boots has developed in tandem with botanists at Kew Gardens.

£10m windfall

PSION chairman David Potter is poised to bank almost £10m from the technology company he founded 25 years ago.

Mr Potter, who owns 11.8% of Psion, will realise the amount after the firm announced plans to return £83.9m of surplus cash to shareholders. Psion will make a payment of 20p a share to investors and consolidate every three shares into one new share - effectively allowing Mr Potter to turn a stake worth £9.8m from paper into cash.

Journalists

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