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July 30, 2019

Business & Economy

Trainbuilder Hitachi Rail secures £400 million East Midlands contract

A North East trainbuilder has secured a £400 million contract to deliver next generation rolling stock for British lines. Hitachi Rail will supply 33 five-carriage trains to operator Abellio UK. The intercity fleet, which will be made at Hitachi’s factory in…

February 6, 2019

Business & Economy

Social media making young people anxious about their future

The Prince’s Trust eBay Youth Index has found that 56 per cent of 16-25 year olds in the North East believe social media creates an “overwhelming pressure” to succeed, while 40 per cent say that comparing their lives to their friends on social media makes…

November 7, 2022

Build & Sustainability

Altilium Metals chooses Teesside for ‘UK’s largest’ vehicle battery recycling plant

Plans have been unveiled to create the UK’s largest electric vehicle battery recycling plant on Teesside.

April 20, 2017

Business & Economy

Global recognition for Northumbria University

In the annual Times Higher Education’s Young University Rankings 2017 Northumbria retained its place in the 101-150 category. This makes it one of the top universities aged 50 years or under worldwide and the best in the North East. Institutions…

August 19, 2021

Business & Economy

Middlesbrough challenger bank GBB secures £28 million boost

A challenger bank has secured a £28 million investment agreement it says will catalyse its journey to gaining an operating licence. Middlesbrough-headquartered GBB is being supported by the Teesside Pension Fund. The commitment follows a previous £20 million outlay by the…

May 17, 2021

Business & Economy

Design plans underway as consultancy appointed to transform iconic hotel

A leading firm of chartered building surveyors and specialist project managers is to oversee the transformation of a landmark Tyneside hotel. Silverstone Building Consultancy has been appointed to project manage the multi-million pound refurbishment of The Park Hotel in Tynemouth, which was…

November 7, 2022

Business & Economy

Perspective Financial Group grows with Goldwyns Wealth Management deal

A financial planning and wealth management company says it is “relishing the opportunity to grow at scale and pace” after concluding a takeover.

August 20, 2024

Business & Economy

Environmental consultancy expands workforce as it projects £1.9 million turnover

Biodiverse Consulting has announced it is on track to reach £1.9 million turnover by 2027. Alongside the predicted turnover, the environmental consultancy firm has made four new hires – with more on the horizon – and plans to expand…