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New campaign targets region's export hungry firms
Tuesday 14 May 2013 5:00
Business secretary Vince Cable is targeting 100,000 potential exporters across the region as the government rolls out a new exports campaign this week.
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Gestamp invests £15m in latest expansion drive
Tuesday 14 May 2013 5:00
Car parts maker Gestamp Tallent has installed a new £15m assembly line as it continues to make significant in-roads in the global automotive market.
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Sembcorp leads push for 200 new apprentices
Tuesday 14 May 2013 5:00
A conglomerate of Teesside manufacturers has launched a £6m fast-track training programme aimed at creating 200 apprenticeship places for young people over the next three years.
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Export wins fuel growth at Argus
Tuesday 14 May 2013 5:00
A Sunderland manufacturer is investing more than £500,000 in new machinery and technology and is now taking on up 10 more staff after winning major new export contracts.
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North Sea activity levels rising, report shows
Tuesday 14 May 2013 5:00
Record investment in new development and improvements to existing assets is boosting the oil and gas sector.
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TPS buoyed by strong first quarter
Tuesday 14 May 2013 5:00
Tyneside electronics manufacturer TPS has announced a jump in orders and a cut in losses for the first quarter.
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Innovation backer gets £50m boost
Tuesday 14 May 2013 5:00
The UK’s innovation agency, the Technology Strategy Board (TSB), has had its annual budget increased by £50m to £440m this year, the government will announce today.
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Tata forced to write off £1bn
Tuesday 14 May 2013 5:00
Tata steel has written off US$1.6bn (£1.04bn) from the value of its assets, raising fears about the future of its UK business.
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Aviva outsources 600 UK jobs to India
Tuesday 14 May 2013 5:00
Insurance group Aviva is to outsource 600 jobs at offices in York, Sheffield and Norwich to India.
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Cable delivers £5.5m regional boost
Monday 13 May 2013 13:00
Business secretary Vince Cable has today announced £5.5m of Regional Growth Fund investment in the region, creating over 700 jobs and safeguarding a further 450.
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Vertu offloads loss-making truck business
Monday 13 May 2013 7:17
Motor dealership group Vertu has offloaded its loss-making heavy truck business, generating around £1.5m for the group.
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Grainger gets new partner ahead of £111m deal
Monday 13 May 2013 7:16
Residential landlord Grainger has created a new joint venture to acquire a portfolio of South London residential property for £111m.
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