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North East News Archive

• Greggs welcomes "pasty tax" u-turn 30th May, 2012

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  Newcastle baker Greggs has welcomed the government's u-turn on its controversial "pasty tax". The news triggered a rise in the company's shares.
• Airport sure to attract investors - NECC 30th May, 2012

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  A "large number of potential investors" will be eyeing up Copenhagen Airport's stake in Newcastle International Airport, according to the North East Chamber of Commerce.
• Port of Tyne acquires McNulty site 30th May, 2012

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  The Port of Tyne has acquired ten acres of land adjoining its Tyne Dock estate in South Shields from the administrators of McNulty Offshore Group Holdings. The strategic move...
• De La Rue posts sales and profits rise 29th May, 2012

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  Banknote printer De La Rue, which operates from a site in Gateshead, has reported a 73 per cent leap in profits, boosted by orders at its currency business.
• Callanan slams Liverpool's "illegal" cruise launch 29th May, 2012

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  Liverpool's decision to press ahead with a major media event to 'celebrate' the launch of turnaround cruises from the city has been slammed by a North East MEP. Martin Callanan...
• Cash injection to tackle empty property problem 29th May, 2012

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  More than £7m has been set aside by the government to bring 550 empty North East properties back into use, communities minister Andrew Stunell has announced.
• Buyer sought for property portfolio 29th May, 2012

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  A property company with a residential portfolio of about 180 units based in Middlesbrough, Nottingham, Leicester and Loughborough has fallen into administration. Deloitte has...
• NVT sells Closerstill stake to Phoenix 29th May, 2012

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  Northern Venture Trust, a venture capital trust managed by NVM Private Equity, has sold its investment in business-to-business exhibition organiser Closerstill Holdings. The sale,...
• Petroplus wind down fuels jobs fears 29th May, 2012

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  Teesside jobs are at risk after administrators of Petroplus Refining & Marketing revealed they intend to wind down Coryton oil refinery in Essex.
• Director appointments at Hydraulic & Offshore Supplies 29th May, 2012

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  Sunderland-based Hydraulic & Offshore Supplies has promoted two of its employees to director level.
• Two North East towns secure Portas cash 28th May, 2012

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  Two town centres in the North East are among 12 locations across the UK to secure a share of £1.2m of government funding to revitalise their high streets.
• Production problems to dent profit at Hargreaves 28th May, 2012

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  Freak geological conditions at a face within its Maltby pit are set to hit future profits at Durham-headquartered Hargreaves Services, the mining services business has revealed.
• Jobs go as Young's axes Seaham site 25th May, 2012

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  More than 250 North East jobs have been lost after Young's Seafood elected to shut the former Cumbrian Seafoods site in Seaham. Young's acquired the rival fish and seafood suppliers...
• New director at Onyx 25th May, 2012

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  Chemistry and manufacturing company Onyx Scientific has appointed a new director.
• Siemens doubles UK apprentices 25th May, 2012

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  Manufacturing and finance group Siemens has announced plans to double its intake of UK apprentices from September.
• Investment for JFS & Associates 25th May, 2012

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  A new North East company, looking to lead the field in farm-scale anaerobic digestion plants in the UK, has secured investment from UK Steel Enterprise.
• Richard Hardie posts loss after difficult 2011 25th May, 2012

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  North East car dealer Richard Hardie has posted a loss for 2011 after a challenging year for new and used car sales. The business operates Peugeot, Fiat and Abarth dealerships.
• Christie Finance releases £70m of funding 25th May, 2012

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  Commercial finance broker Christie Finance, which has an office in Newcastle, has announced it has released £70m worth of funding.
• DBC Foodservice creditors set for £90m shortfall 24th May, 2012

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  Unsecured creditors of collapsed food supplier and logistics business DBC Foodservice, which has a base in Newcastle, are expected to be left almost £90m out of pocket,...
• Pair of contract wins for SURGO 24th May, 2012

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  Building contractor SURGO Construction has picked up contracts with Isos Housing and Redcar Community College worth more than £3.5m.