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November 15, 2019

Business & Economy

Storey Carpets owner Carpetright agrees Meditor takeover bid

A floorings retailer that owns a Sunderland-founded operator has agreed a deal to be bought by its largest stakeholder. Carpetright says it has accepted a 5p per share offer from Meditor Holdings (MHL) – a vehicle founded by existing shareholder…

March 20, 2019

Business & Economy

Ryder becomes first firm to use the new flagship platform from NBS

International design practice Ryder Architecture’s Newcastle and Vancouver teams have become one of the first practices to produce a specification in the cloud using NBS Chorus, the new flagship platform from NBS. The specification platform has not only provided Ryder…

September 25, 2018

Business & Economy

Tyneside tech firm in Elton John AIDS Foundation win

Newcastle-based tech firm ION has announced completion of the first phase of a financial and business transformation contract to help the Elton John AIDS Foundation (EJAF) rebuild its suite of business management tools, using Sage Financials and Salesforce. The Elton…

September 4, 2023

Technology

Energy management firm Equiwatt powers on with £300,000 backing

An energy management firm is creating jobs after securing £300,000 investment.

November 24, 2016

Business & Economy

£15m cash boost to keep the North East working

Gateshead College has been awarded £15m from the European Social Fund through the Skills Funding Agency (SFA) to help get more people into jobs and training and support businesses to upskill their workforces. The multi-million-pound cash injection was the highest…

March 20, 2019

Business & Economy

Newcastle firm celebrates five years of intensive growth with new hires

Newcastle-based Samuel Knight is celebrating its five-year anniversary with two new hires and a £16 million turnover under its belt. Following extensive growth plans, the specialist global energy and rail recruitment firm has gone from strength-to-strength, increasing headcount from…

August 21, 2024

Business & Economy

Metrocentre to get £6 million investment

The Metrocentre Partnership has submitted a planning application for the redevelopment of Metrocentre’s Green Mall entrance. Designed by Leslie Jones Architecture, the proposals include over 18,000 square foot of south-facing food and beverage space across three new units,…

February 18, 2022

Business & Economy

Durham’s Atom Bank pushing on with flotation plans after £75 million raise

A mobile lender says it has taken a “fundamental next step” on its journey towards flotation after raising more than £75 million. Atom Bank achieved the mark following new equity priced at 70p per share. Bosses say the raise, led by…