North East

The latest business news from Newcastle, Northumberland, Sunderland, County Durham, Teesside and the North East. The region's biggest employers include Nissan, Sage and Greggs

Click here to sign up to receive regular emails straight to your inbox.

14:37, 10 Jan 2024
Commercial Property
property newsStreet food leader Mowgli and Global Maritime become first new tenants at former Cafe Royal
property newsTurnover jumps at Adderstone Group as strategic move into affordable housing pays off
Technology‘Milestone year’ sees 39% rise in revenue at Tyneside tech firm iamproperty
Retail & High StreetEldon Square owners warn on future valuations despite revenue rise
DealsNorth East leisure operator Stack seals investment from Kings Park Capital
Manufacturing
DealsNorth East confectioner Sweetdreams snapped up by SugaRich in undisclosed deal
EngineeringTekmar nets £3.5m wind farm contract for its cable protection kit
EnergyJDR Cables makes commitment to Hartlepool site with PD Ports contract extension
FashionFashion firm Barbour tots up 20% rise in turnover but supply chain issues continue
Company ResultsWilton Engineering trebles profits as move into defence sector pays off
Professional Services
Company ResultsWard Hadaway to invest in staff and clients’ future following year of growth
EngineeringTyneside recruiters secure £1.3m finance package to fuel growth
DealsCounty Durham's Anglo Scottish Asset Finance completes management buyout
Creative & DigitalMore than 600 jobs lost across the North as print company Communisis collapses
FinanceFairstone adds two property services firms to its group via latest acquisitions
Tech
TechnologyDetection dogs use Kromek kit to sniff out radiation dangers on Ukraine battlefields
Technology‘Milestone year’ sees 39% rise in revenue at Tyneside tech firm iamproperty
Company ResultsZytronic lays off staff amid shortage of work following 'false dawn' recovery
DealsGateshead's Aspire Technology Solutions seals deal for Scottish firm
FinanceMedical innovator e-therapeutics to stop trading on US-based market
Enterprise
DealsHays Travel snaps up the Holiday With Us Group to add more shops to growing network
DealsNorth East deals of the week: key acquisitions, contracts and investments
SMEsWowzaBox recipe startup to launch fundraising round to heat up expansion plans
MaritimeA&P Group focuses attention on Tyneside and Falmouth yards after profitable year
PeoplePeople on the move: key North East appointments and promotions of the week
Retail & Consumer
DealsHays Travel snaps up the Holiday With Us Group to add more shops to growing network
Retail & High StreetGreggs books strong sales growth after busy end to the year
FashionFashion firm Barbour tots up 20% rise in turnover but supply chain issues continue
Food and DrinkLanchester Group returns record results despite "perfect storm" of outside challenges
Retail & High StreetFenwick enjoys 'late Christmas' as retail sector sees encouraging signs
Economic Development
Company ResultsTeesworks accounts show major increase in revenue and profits
EconomyBusiness conditions likely to remain challenging in 2024, insolvency expert says
EconomyNorth East bucks falling business confidence trend in December
EconomyNorth East voice critical to attracting overseas investment to UK, regional director says
EnergyNorthern green hydrogen projects selected in Government's £2bn allocation round