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Shopping centre lost millions in value after council bought it for ambitious regeneration plans
property news
Authority says 'for many assets their value to the communities around them and for who uses them is not always reflected in market valuations'
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Co-op plans dozens of new and refurbished stores as it calls for business rates reform
The Co-operative
Retailer continues recovery from cyberattack
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Deals see North East SME finance and tax operators acquired
Deals
Newcastle's Trusted Business Partner and professional services group S&W have both bought firms in the region
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Hays Travel grows profits as holidaymakers go further, and more often
Company Results
Owner Dame Irene Hays said: "Our customers are as keen as ever to invest in precious time with family and loved ones"
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People on the move: North East appointments and promotions of the week
Enterprise
Companies and organisations featured in this week's round-up include Bernicia, Jacksons, Bellway, Lovell and Muckle LLP.
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North Yorkshire seaweed pioneers set for expansion with six-figure funding
Food and Drink
Seagrown is looking to extend its work with ports, offshore operators and utility companies
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Dogger Bank Wind farm to contribute 拢6bn to economy over 35 years, new report claims
Economic Development
The Dogger Bank Wind Farm, off the Yorkshire coast, will be the world's largest offshore wind farm when it is completed in 2027. The site is being built in three 1.2GW phases.
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Cardiff University announce major changes with staff offered voluntary redundancy
Economic Development
The university's chief operating officer, Dr Paula Sanderson, has written to all staff impacted
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Rolls-Royce to give trading snapshot amid year of dramatic share gains
Aerospace
The update is likely to show continued success in the long-term transformation plan first laid out by the firm two years ago
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Nissan expands use of AI in testing process to reduce development time
Automotive
London firm Monolith's technology was first used to validate testing on the new, Sunderland-built Nissan Leaf
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Bristol International Balloon Fiesta confirms 2026 dates after striking agreement
Bristol
The event has been running since 1979 and attracts thousands of people to the city every year
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Plans submitted for 拢200m carbon capture project at Welsh plant
Energy
Enfinium has lodged a planning application to Flintshire County Council
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Newquay to London flights to resume after airline agrees deal for route
Transport
Flights were suspended last month after regional carrier Eastern Airways collapsed
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海角视频 house prices rise at fastest rate since January as buyers shrug off market uncertainty
property news
The typical price of a home hit a record high of 拢299,862 in October, the latest Halifax house price index found
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Seafood companies sold out of administration, saving nearly 80 jobs
Insolvency and Administration
The group specialises in the sourcing and processing of shellfish, including whelk, crab and scallops
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Tissue Regenix bosses issue warning about urgent need for funding
SMEs
A significant backlog of creditors and limited cash has been revealed
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Welsh retailers boosted with rise in footfall in October
Retail & Consumer
Footfall in Cardiff though in October was down on a year earlier said the Welsh Retail Consortium
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We need a Welsh Government that champions business and growing the economy
Economy
Government must get out of its own way as planning delays, slow procurement and layers of grant paperwork has become one of the biggest barriers to doing business in Wales.
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Develop North backs North Yorkshire commercial scheme with 拢2.4m finance
Construction
Work on the speculative Whitley Court scheme is already under way
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Administrators appeal for interest in Eastern Airways following collapse
Insolvency and Administration
A sudden and unexpected cancellation of a key contract with KLM prompted the airline's demise
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Fletchers Group makes move into family law with deal for Raydens
Law
Raydens has bases in Buckinghamshire, Essex, central London, and Birmingham
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North East offshore companies call on Chancellor to reform windfall tax
Energy
Jobs along the North East coast are being threatened by the 海角视频's current energy policy, sector voices say
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Social housing 拢7bn funding boost: Mayors urged to 'go bold' with plans
Housing
Local leaders will be able to specify the types of homes needed in their areas
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Bentley changes electric-only plans due to 'positive customer demand' for hybrid models
Automotive
The luxury car maker has announced that it will continue to offer internal combustion-engined and plug-in hybrid models until 'at least' 2035
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