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North East

The latest business news from Newcastle, Northumberland, Sunderland, County Durham, Teesside and the North East. The region's biggest employers include Nissan, Sage and Greggs

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09:44, 9 May 2025
Commercial Property
Food and DrinkPub giant Heineken Ƶ to pump £2.2m into upgrading and reopening North East pubs
property newsHistoric Leeds office building undergoes £3.5m modern makeover
HousingDevelopment partner sought for £950m Newcastle regeneration project
HousingEsh Construction plots £65m housebuilding plans across North East and Yorkshire
property newsNew wine bar to open in popular Newcastle suburb
Manufacturing
Company ResultsKromek heads toward profit following major Siemens health deal
TechnologyFiltronic upgrades earnings expectations as factory growth bears fruit
DealsUnderfloor heating firm UFHN acquired by Finnish group
AutomotiveNissan appoints new Ƶ boss as it aims to bounce back in 'dynamic times'
AutomotiveNissan sets out huge cost of turnaround plans as it expects £3.7bn loss
Professional Services
DealsLaw firm Tilly, Bailey & Irvine expands into Sunderland with acquisition of 15-strong practice
AppointmentsPeople on the move: key North East appointments and promotions
PeopleRyder Architecture becomes Employee Ownership Trust to secure practice future
FinanceTrue Potential makes £100m compensation available for clients negatively impacted by transfers
FinanceNorth East businesses face more than 500,000 invoices in Q1, figures show
Tech
DealsNewcastle tech firm Ceto raises $4.8m to drive forward platform and create new jobs
TechnologyNewcastle tech firm QuantuMDx narrows losses amid upgrade to pioneering health device
Creative & DigitalNorth East IT provider Synergi snapped up by DC Thomson subsidiary Brightsolid
DealsShield Therapeutics signs licence deal with Vital-Net to break into Japan
TechnologyCounty Durham firm Ibex closes £2m funding round to fuel roll-out of osteoporosis diagnostics
Enterprise
People10 questions for Tom Etherington of WE-COM
PeopleNorth East business life: charity, community and award events of the week
DealsHousing association Karbon Homes adds £200m to finances to ramp up delivery of affordable homes
RetailKitwave still confident of meeting market expectations amid hospitality slowdown
PeopleSix North East businesses toast success after winning King’s Awards for Enterprise
Retail & Consumer
Food and DrinkHotel, bar and restaurant firm Apartment Group sees sales rise following investments
Food and DrinkHeineken to create around 1,000 jobs and reopen dozens of Ƶ pubs
Food and DrinkGreggs saves more than five million meals from going to waste in Too Good To Go partnership
FinanceNewcastle gastropub The Earl of Pitt Street closed with debts of more than £1.4m, documents show
Food and DrinkLanchester Group profits fall amid global disruption and rate rises
Economic Development
EnergyNational Wealth Fund leads £1.35bn deal for North East renewable energy project
DealsHousing association Karbon Homes adds £200m to finances to ramp up delivery of affordable homes
EconomyNorth East business confidence leads the Ƶ as firms expect to grow headcounts
EnergyPort operator PD Ports plans £200m renewable energy development for Teesside
ExportsNorthumberland firms first to benefit from Ƶ Government-backed exporting roadshow