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May 10, 2023

Business & Economy

Perspective ‘relishing’ growth potential following takeovers

A financial planning and wealth management firm says it is “relishing the opportunity to grow further at scale and pace” after completing a quartet of takeovers.

August 16, 2019

Business & Economy

Sports Direct reveals Jack Wills Durham store closure – just days after rescue deal

Newcastle United owner Mike Ashley’s Sports Direct group is closing a retailer’s North East store – just days after rescuing the business from administration. Jack Wills’ outlet in Durham is shutting its doors after bosses failed to agree a deal…

November 22, 2021

Business & Economy

High-profile investor unveils £500,000 investment at NTG Precision Engineers

North East-based NTG Precision Engineers has completed the latest stage of a planned £3.5m investment programme with the acquisition of specialist technology to support the production of precision components used in severe duty applications covering critical markets from energy production to electric vehicles.

May 6, 2020

Technology

Synergi announces new appointments to drive growth in the digital space

Gateshead-based cloud and digital business, Synergi, has announced a series of new appointments as part of an ongoing strategy for growth. Sarah Cooper joins as operations director, bringing 15 years of experience in service and operational roles within the IT…

July 31, 2019

Business & Economy

£140 million County Durham business park takes step forward

A new £140 million commercial and manufacturing business park in County Durham has been granted outline planning permission by local authorities. The plans have been forecast to create up to 3,200 jobs in the area, as well as boosting the…

November 4, 2019

Business & Economy

Mothercare reveals UK business administration plan

An embattled maternity and baby goods retailer is calling in administrators to its UK business. Mothercare says its domestic division is “not capable of returning to a level of structural profitability and returns that are sustainable.” It is understood the operation,…

July 8, 2020

Uncategorised

North East labour market decline eases during June

The latest KPMG and REC jobs report pointed to a softer decline in recruitment activity during June. Both permanent placements and temporary billings fell at slower rates compared to May but remained severely depressed compared to normal times. The reductions were…

April 12, 2021

Business & Economy

Sterling Pharma Solutions completes ‘multi-million-pound’ ADC Biotechnology deal

A Northumberland-headquartered drugs company has completed a takeover it says will help deliver next-generation cell treatments. Sterling Pharma Solutions has acquired North Wales’ ADC Biotechnology (ADC Bio). Bosses at Sterling, based in Dudley, near Cramlington, say the “multi-million-pound” deal will deliver…