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August 29, 2018

Business & Economy

New appointments to drive Metnor forward 

Award-winning Metnor Construction Ltd has announced the appointment of Lee Kirk as senior operations manager, following the retirement of operations director, Jim Baldwin. Jim had been with the company since it was established in 2002. He began as contract manager…

May 22, 2019

Business & Economy

Fears over hundreds of North East jobs after British Steel goes into receivership

Hundreds of North East workers face anxious futures after British Steel was placed into compulsory liquidation. The move comes after hopes of a Government rescue for the struggling company floundered. The North East England Chamber of Commerce has branded the situation…

March 16, 2020

Business & Economy

Business as usual for the voice of the North East business community

Governments, central banks, financial markets and businesses are currently in the process of trying to come to terms with the economic impact of the COVID-19 outbreak. As we all collectively grapple with the implications of both a supply and demand…

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 £30 million turnover

A North East offshore property and warehousing company is celebrating a strong end to the financial year, with a £4 million jump in turnover. Shepherd Offshore, which is owned by the Shepherd family, specialises in property development, warehousing facilities, and…

February 22, 2021

Business & Economy

Story Homes celebrates seven years and £47 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…

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…