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June 23, 2021

Business & Economy

Tier One Capital secures £6.5 million revolving credit facility for TOC Property Backed Lending Trust PLC

Wealth management and property lending operator Tier One Capital has secured a £6.5 million revolving credit facility from Shawbrook Bank for the TOC Property Backed Lending Trust PLC (PBLT). Bosses say the credit facility will help ensure the London Stock…

August 14, 2019

Business & Economy

Durham’s Atom Bank to create 70 jobs after £10 million grant success

A mobile lender founded in the North East has revealed plans to create 70 jobs in a £10 million expansion aimed at strengthening its offering to smaller businesses (SMEs). Atom Bank says it will bolster its near 350-strong workforce after…

February 14, 2020

Business & Economy

Former Sunderland police HQ set to become £3 million business hub

The former Sunderland city centre police headquarters is set to be transformed into a £3 million new business centre, after the building was snapped up by a developer following a competitive bid-process. The Newcastle-based Hanro Group has agreed outline terms…

November 24, 2023

Business & Economy

Nissan unveils £2 billion plans to build new all-electric models at Sunderland

Nissan has announced £2 billion plans to make more electric models on Wearside.

May 26, 2020

Business & Economy

Demolition begins to transform Brett Oils depot into £41 million residential and leisure development

Work has started to transform an ex-industrial site into a £41 million residential and leisure development. The High Street Group has begun demolishing the former Brett Oils depot, based on the banks of the River Tyne in Gateshead. Bosses say the…

September 11, 2023

Business & Economy

Business owners ‘optimistic’ despite challenges, says Entrepreneurs’ Forum study

North East business bosses remain confident over future prospects despite economic challenges, according to a new report.

May 13, 2020

Business & Economy

High Street Group seals land deal for £120 million Strawberry Place transformation

A developer is pressing ahead with a city centre office and leisure project that promises to deliver hundreds of jobs after finalising a land deal. The High Street Group is driving on with work to transform Newcastle’s Strawberry Place into…

September 14, 2022

Ideas & Observations

Guest contributor: Mike Matthews

As companies continue to look for ways to accelerate growth plans, Mike Matthews, former managing director at Eaglescliffe-based car parts maker Nifco UK, and the firm’s ex-European boss, says it is imperative businesses switch to digital operations, to help…