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Finance chiefs have launched a bid to create a new North East bank focused on bolstering property development finance. Newcastle-headquartered GBB has formally applied to the Prudential Regulation Authority (PRA) for a licence to trade as a bank. Officials say the…

The Riverside Studios-based business has grown its headcount from eight to 30 over the last two years, after winning a raft of high-profile design commissions. The move to additional premises in the riverside offices follows its recent period of development and acquisition…

The region is a step closer to hosting a pioneering £40m International Centre for Connected Construction after a launch event at the House of Lords. Northumbria University and regional IT network Dynamo are behind the vision for the…

A trainbuilder says it has created scores of jobs and laid a platform to be more globally competitive after carrying out a multi-million-pound investment at its County Durham plant. Hitachi Rail has spent £8.5 million on welding and painting facilities…

A pest controller is looking to create jobs after moving to larger headquarters.

A takeover deal for a troubled steel operator employing hundreds of North East workers has been agreed. China’s Jingye Group has entered into a sales contract for British Steel. The operator has pledged to invest £1.2 billion in the business, adding…

The Newcastle-based business has acquired Thinkfreer, a company established for more than 15 years, which specialises in leadership development across multiple sectors, including digital and technology, health, manufacturing and engineering. Alison Freer, who founded Thinkfreer in 2000, will join durhamlane as Director of Consulting,…

The site of the former Swan Hunter shipyard in Wallsend has been put up for sale, over a decade after the last of the shipbuilder’s cranes were dismantled in 2007. North Tyneside Council, who own the land, hope that the…