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Engineering
01:00, 24 FEB 2025
North East’s net zero economy grows 10% in a year, new report from CBI shows
Climate Agenda
The survey suggests the North East is not being left behind when it comes to economic opportunities presented by drive towards net zero
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Major battery skills academy launched in Durham to train gigafactory workers
Skills and Apprenticeships
The National Battery Training & Skills Academy has been launched at New College Durham and will initially support AESC at its North East plants
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Major railway station could get 300 extra trains a week thanks to £1.75 billion project
South West
Cheltenham Spa set to benefit from the Midlands Rail Hub project
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North East life sciences experiencing a wave of optimism - but there are challenges to overcome
Chamber of Commerce
The first of what is hoped to be an annual study of the region's sector is positive but lack of funding, laboratory space and big changes with the US trading relationship pose difficulties for firms
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North East business life: community, charity and award events of the week
People
Companies featuring in this week's round-up include Banks Group, Barratt and David Wilson Homes North East, Knights, º£½ÇÊÓÆµ Docks Marine Services and TT2
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New 16-storey tower blocks with rooftop running track signed off as councillors hope scheme will help 'reduce brain drain'
North West
Developer says around 370 jobs would be created through the design, build and operation of the scheme
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Go ahead for new £1.25bn electric arc furnace at Port Talbot
Swansea Bay City Region
The development could begin by the summer of 2025 and follows the decision to shut down the blast furnaces with the loss of thousands of jobs
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Historic building in Newcastle signs up three tenants after £1.5m transformation
property news
The former Cafe Royale building will soon welcome Mowgli Street Food alongside two other tenants in upper floor offices
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Nissan's Sunderland plant not identified in global restructuring plans
Honda
The Japanese car maker is planning to shut three plants, with Thailand the only named location so far
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Wood Group shares plummet 31% as Deloitte uncovers 'material weaknesses' in financial review
By City AM
The beleaguered engineering giant said it is initiating steps to "significantly" strengthen its financial culture, governance and controls after a review
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Cardiff University job and department cut plans lacking good business practice
Education
It need to apply applying Bananarama’s first principle of management - it ain’t what you do, it’s the way that you do it.
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Major tool supplier collapses into administration
Insolvency and Administration
Professional services consultancy Alvarez and Marsal has been appointed as administrators of Exeter-based Troy º£½ÇÊÓÆµ
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Humber renewables champion Camilla’s calling came as green power became the new big thing
Humber Renewables Award
Humber Renewables Awards 2025 are open for entries, and with a month to go until nominations close, we caught up with the reigning Humber Renewables Champion.
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Sheffield Forgemasters get green light for huge Meadowhall machining factory
Ministry of Defence
Work is under way to prepare the land and the building will cover a space equal to 12 Olympic-sized swimming pools
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Newcastle's Deadgood furniture firm seals investment to drive global growth mission
Deals
The firm was launched over 20 years ago by university friends Dan Ziglam and Elliot Brook and now works with global giants including Amazon, Google and Starbucks
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130-year-old firm to demolish foundry to make way for new office block in 'commitment to growth'
Manufacturing
Scheme will allow the 120-employee firm to build visitor facilities and new entrance
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Superdry boss submits plans for Cheltenham hospitality venue
Restaurants
Thousands of people are backing the proposals despite council concerns over 'harm' to the town's heritage
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Profits up at Renishaw as demand from consumer electronics sector rises
Company Results
The Gloucestershire-headquartered engineering firm says it expects to make "steady" revenue growth this year
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North East business life: community, award and charity events of the week
People
Companies featuring in this week's round-up include Adderstone Living and N&T Civils, The Northern Housing Consortium, Bradley Hall and Berry’s Jewellers
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180 jobs at risk as historic North East manufacturer Union Electric Steel faces closure
Employment
The company's bosses say it has been loss-making for three years, triggering the consultation to close the Tyneside site
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Hadrian Healthcare reveals plans for £15m luxury care home in Northumberland
property news
The company has acquired a key site in the centre of Hexham and is now drawing up plans
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Filtronic announces new £16.8m deal with Elon Musk's Space X rocket giant
Deals
The NETPark business said the new deal will be fulfilled over the next two years
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Government wants AI growth zones around º£½ÇÊÓÆµ to create thousands of good jobs
Economic Development
Areas in the North East, North West, Scotland and Wales are being tipped for the new Government status
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'Hotel Chester' plans for former Mecca Bingo site updated and get go-ahead
North West
Most of the building will be demolished to make way for the seven-storey 'Hotel Chester' development adjacent to St Oswald's Way, which will create 80 full-time jobs once it's operational
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