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July 15, 2019

Business & Economy

Sports Direct delays results as uncertainty compounds House of Fraser “complexities”

Mike Ashley’s Sports Direct has warned its financial forecasts could be affected after being forced to postpone the publication of financial results. The retailer cited “complexities” over the integration of House of Fraser into the business, “current uncertainty” over future…

January 15, 2020

Business & Economy

Shepherd Offshore celebrates strong year with ÂŁ30 million turnover

A North East offshore property and warehousing company is celebrating a strong end to the financial year, with a ÂŁ4 million jump in turnover. Shepherd Offshore, which is owned by the Shepherd family, specialises in property development, warehousing facilities, and…

May 10, 2024

Promoted

North East Chamber of Commerce: In focus – My chamber

What led Esh Group to become a North East Chamber of Commerce member? Ultimately, to contribute to North East prosperity by harnessing our position as one of the largest privately-owned businesses in the region as a force for…

October 2, 2019

Business & Economy

Tesco boss Dave Lewis to leave with retailer’s “turnaround complete”

The boss of supermarket chain Tesco is stepping down. Chief executive Dave Lewis will leave next summer, saying his decision is a “personal one” and that it is “the right time to pass the baton.” He will leave after six years…

February 22, 2021

Business & Economy

Story Homes celebrates seven years and ÂŁ47 million invested in local communities

Story Homes is celebrating its seventh year in business by forging ahead with growth plans amid the ongoing economic uncertainty. The privately-owned North East housebuilder has delivered more than 1500 family homes across the region during its seven years in…

February 14, 2018

Business & Economy

Hay & Kilner advises Wingrove Motor Company on expansion

We have recently advised Wingrove on the acquisition of a Peugeot franchise, to add to their existing Citroen and DS franchises. Wingrove Motor Company has been operating in the motor trade for over 90 years and is one of the…

October 18, 2019

Business & Economy

The region’s commercial property people help vital service to expand

A North East commercial property specialist has aided the expansion of a local authority service that helps vulnerable adults to live independently. The industrial agency and building consultancy teams at Naylors Gavin Black worked together to secure a five-year deal…

August 10, 2020

Uncategorised

Bank business lending hits 13-year high as COVID-19 leads companies to borrow more

A new forecast has predicted that bank lending to businesses will rise by 14.4 per cent this year – the highest level in 13 years – as many firms look to secure their financial future in the wake of…