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The North East has suffered a fresh blow after latest figures confirmed the region as the UK’s unemployment hotspot. The area’s jobless rate stood at 5.7 per cent for the three months to April 2019, according to latest figures released…

Global offshore subsea construction company Boskalis Subsea Services has opened a new regional project office at Port of Sunderland.

These deals come after the announcement in March that Fairstone had brought 3 advisory firms into their buy-out programme – Campbell Harrison, Mortgage Find and Pensions & Wealth Management Services, with combined revenues of £3.25m. Lee Hartley, Fairstone Group CEO,…

Port of Sunderland has secured a series of contracts with companies in the offshore renewables market following a period of rapid expansion. The municipally-owned port has recently finished a huge resurfacing project covering almost two acres at Endurance Park, formerly…

A new report has found that the North East’s export orders have fallen to a 10-year low in the latest quarter of 2019, a finding regarded as “deeply troubling”. The North East Chamber of Commerce’s Quarterly Economic Survey, the biggest…

A deal has been agreed until the end of the season between the Premier League club and the North East’s biggest airport with an option to extend the partnership. As part of the agreement, the airport’s logo, ‘Newcastle International: Your Airport’,…

Durham-based fintech firm Atom bank has raised £50 million in its latest funding round, with plans to use the capital to invest in technology and growth, creating 50 jobs in the North East this year. This marks the first major…

Around 1600 North East jobs could be created at a new £60 million manufacturing hub, redevelopment bosses have claimed. Legal & General has agreed a deal with Sunderland City Council to transform Washington’s 25-hectare Hillthorn Park into a commercial base. The…