About Cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies.

Business

The Northern Echo: Business Editor Andy Richardson
Andy Richardson
Business Editor
01325 505097
andy.richardson@nne.co.uk

The Northern Echo: Deputy Business Editor Steven Hugill
Steven Hugill
Deputy Business Editor
01325 505076
steven.hugill@nne.co.uk

Business Advertising
If you would like to advertise on our Business pages in paper or online call: 01325 505334

Business News

SSI Teesside steelworks could be sold, says investor

The Northern Echo:

1:40pm Tuesday 1st September 2015

INVESTORS behind Teesside iron and steelworks have revealed that a sale of the loss-making plant is being considered amid discussions about the site's future. 

Hitachi prepares to open its doors

The Northern Echo: “This has had a hugely positive impact on the regional economy and supply chain," says Karen Boswell, Hitachi Rail Europe MD.

9:15am Tuesday 1st September 2015

TRAIN manufacturing will return to the North-East this week when Hitachi opens its £82m train facility.

AkzoNobel unveils plans to invest in North-East

The Northern Echo: AkzoNobel unveils plans to invest in North-East

3:13pm Tuesday 1st September 2015

PAINT firm AkzoNobel is to invest about £1m to build a pilot plant for coating resins at its performance coatings site in the North-East.

North-East holiday firm in £960m merger

The Northern Echo: John Waterworth, Chief Executive of Parkdean.

3:01pm Tuesday 1st September 2015

THE UK's biggest holiday park operator is to be created in a £960 million merger deal.

New clinic offers support to North-East businesses

The Northern Echo: David Cliff, managing director, Gedanken.

3:31pm Tuesday 1st September 2015

A NEW clinic is being launched to offer a range of personal development support to businesses and private clients, including counselling, coaching and anger and stress management.

Virgin Money in the hunt for new finance chief as Lee Rochford departs

The Northern Echo: Lee Rochford said: "I am ready now for a new challenge outside of Virgin Money."

12:22pm Tuesday 1st September 2015

THE man who led Newcastle-headquartered Virgin Money through its stock market flotation is leaving the business, it was confirmed yesterday.

Aga saga heats up

The Northern Echo: Aga iconic British oven brand is in demand in the US.

9:25am Tuesday 1st September 2015

COOKER firm Aga Rangemaster is at the centre of a bidding war after revealing US electronic appliances giant Whirlpool was considering a bid to rival Middleby's £129m offer.

Run to the tills: Tesco to sell new Iron Maiden album on vinyl

The Northern Echo: Iron Maiden's, The Book Of Souls, will be released on Friday, with the triple LP format going on sale in 55 of the chain's largest Tesco Extra stores.

5:31am Monday 31st August 2015

TESCO is to tap into the rapidly growing vinyl music market this week when it sells the new album by British rock group Iron Maiden.

Housebuilder Barratt hails North-East success

The Northern Echo: BUILDING: Barratt has revealed strong financial results, helped by a better mortgage market

11:15am Friday 28th August 2015

A HOUSEBUILDER has revealed increased North-East sales as buyers benefit from greater help to get on the property ladder.

Profits dip at Amec Foster Wheeler

The Northern Echo: Amec, which has its European engineering division headquartered ar Lingfield Point in Darlington, last year agreed a £2bn deal to buy US firm Foster Wheeler, which has offices in Middlesbrough.

10:32am Thursday 27th August 2015

AMEC Foster Wheeler has reported a dip in pre-tax profit in the first half of 2015 as market conditions remained challenging, but the company said it is confident it can meet full-year expectations.

Teesport operator secures major Japanese deal

The Northern Echo: DEAL: PD Ports says K-Line will be bringing its huge vessels to Teesport in a new agreement

10:03am Thursday 27th August 2015

A PORT operator will welcome the largest ever vessels to its base under a new deal.

Sedgefield's Filtronic reveals £5.5m expansion plans

The Northern Echo: BOOST: Filtronic says demand for video streaming on mobile phones is helping its broadband division

4:04pm Thursday 27th August 2015

A TECHNOLOGY firm has revealed £5.5m expansion plans.

'From Rolls-Royce to Robin Reliant' - union fearful over Gentoo's redundancies

The Northern Echo:

10:46am Wednesday 26th August 2015

A SOCIAL housing provider will sacrifice its Rolls-Royce quality for a Robin Reliant service under major redundancy plans, a union has warned.

Unions fear steel industry misery in Tata restructure

The Northern Echo:

2:20pm Wednesday 26th August 2015

THE UK’s next generation of steel workers face misery, with hundreds expected to lose their jobs in a company restructure, unions have warned.

Corbyn's women-only carriage idea 'is a backward step'

The Northern Echo: Labour leadership contender Jeremy Corbyn has said he would consider women-only rail carriages to help stem a rise in assaults on public transport. Picture: Nick Ansell/PA Wire

5:26pm Wednesday 26th August 2015

JEREMY Corbyn's suggestion that women-only train carriages could be introduced at night to guard against sexual attacks has been condemned by rival Labour leadership contenders and anti-sexism campaigners.

Software firm secures EDF contract

The Northern Echo: SUCCESS: Celebrating Quorum Developments' EDF contract success are, from left, John Sherban, Quorum commercial director, Paul Fothergill, Quorum technical director, and Janet Todd, NetPark manager

1:35pm Wednesday 26th August 2015

A SOFTWARE firm has secured a contract to help an energy company’s power plants operate efficiently.

Stagecoach hails East Coast rail move as revenues rise

The Northern Echo: CHANGE: A Virgin branded East Coast train crosses the River Tyne

1:00pm Wednesday 26th August 2015

THE firm behind East Coast rail travel aims to strengthen its train division after hailing its regional venture an instant success.

Ebac targets fridge-freezers and dryers in white goods market expansion

The Northern Echo:

10:48am Wednesday 26th August 2015

A FAMILY-RUN manufacturer is readying itself to launch an assault on the white goods market, which could see it build on a £7m washing machine venture with fridge-freezers and tumble dryers, The Northern Echo can reveal.

'Stop talking and start acting': Teesside steel firm warns Government

The Northern Echo: BACKING: SSI UK says the steel sector needs more Government support to ensure the industry's fires keep on burning

10:20am Wednesday 26th August 2015

A TEESSIDE steel maker has warned the Government to stop talking and prove its commitment to helping the industry survive.

Barclays bottom of the pile in current account poll

The Northern Echo: 20 per cent of customers rated Barclays service as 'poor', a survey said.

6:08am Wednesday 26th August 2015

BARCLAYS has been ranked as the worst current account provider for the third time in a row, according to the latest poll from consumer finance website MoneySavingExpert.com.

The Northern Echo: Ebac

EXCLUSIVE: Ebac targets fridge-freezers and dryers in white goods market expansion
A FAMILY-RUN manufacturer is readying itself to launch an assault on the white goods market, which could see it build on a £7m washing machine venture with fridge-freezers and tumble dryers, The Northern Echo can reveal.

Spotlight On

Ebac looking to clean up with white goods adventure

The Northern Echo: PRODUCT: Ebac's Ian Hartnell packs one of the company's washing machines		Picture: CHRIS BOOTH

10:32am Wednesday 26th August 2015

PEELING strips of tape off a window, Pamela Petty removes a sign from view.

Hardly the second-class career route...

The Northern Echo: CAREER: Rachel Hoggett, who works in civil engineer Owen Pugh's aggregates division

1:16pm Wednesday 19th August 2015

OPENING the frosted glass doors, Lord Alan Sugar frowns, offering a withering glance.

Talking Business

Heart not head saves North-East icons

The Northern Echo: Win Viriyaprapaikit, SSI Group President

5:21am Wednesday 26th August 2015

WHEN owners are obliged to prop up businesses year after year with their own cash then Mr Micawber's famous, and too oft-quoted recipe for economic happiness springs to mind.

Turn off your mind, relax and float down stream

The Northern Echo: The Beatles join the Maharishi Mahesh Yogi centre at Bangor, Wales, to participate in a weekend of meditation August 1967.

6:09am Wednesday 19th August 2015

MY attempts to find inner peace rarely go beyond the uncorking of a bottle of Rioja, but a mate of mine has been trying to persuade me to try a bit of transcendental meditation.



Training

Logical choice for graduates

The Northern Echo: Scott Logic welcomes its biggest ever pool of graduates.

7:05am Wednesday 19th August 2015

SOFTWARE developers Scott Logic is celebrating the growing popularity of its graduate programme, which this year has attracted a record 19 new high-calibre appointments, including three former interns.

Bishop Auckland training chief joins Cameron's trade mission

The Northern Echo: Prime Minister David Cameron on his tour of South East Asia.

6:55am Wednesday 5th August 2015

A DIRECTOR of a County Durham education and training company is hoping to win business for the North-East after joining David Cameron's trade mission to South East Asia last week.

Did you miss...?

The Northern Echo: Northumbrian Water

Unions dismiss Northumbrian Water pensions deal as "pure greed"
WATER unions warned they are pressing ahead with plans to ballot workers for industrial action, as they dismissed Northumbrian Water's latest pension proposals as "pure greed".

Personal Finance

Advice on life insurance

The Northern Echo: Robert Little of Bob Little & Co, Chartered Financial Planners, Kirkletham Business Park, Redcar.

5:50am Wednesday 10th June 2015

MANY of our new clients already have life insurance policies in place when they first come to see us and naturally assume their family is covered should the worst happen, writes Robert Little of Bob Little & Co Chartered Financial Planners.

Don't sleepwalk into a pension tax trap

The Northern Echo: Bob Little of Bob Little & Co financial planners based in Prospect House Kirkletham Business Park, Redcar. Pic Doug Moody.

6:26am Wednesday 8th April 2015

THE arrival of the new tax year means millions of people are now able to take advantage of the much heralded pension freedom rules.

Shares

Have the right tonic to avoid catching a Chinese cold

The Northern Echo: GREECE: Brewin Dolphin's Jeffrey Ball

6:00am Wednesday 26th August 2015

7,430 MILES separate the London and Shanghai Stock Exchanges, according to Google, writes Brewin Dolphin's Jeffrey Ball.

Yuan Direction takes market by surprise

The Northern Echo: Oliver York is a Trainee Investment Manager at wealth management firm, Brewin Dolphin.

5:58am Wednesday 19th August 2015

LAST week, the Chinese Central Bank announced a devaluation of its national currency, the Chinese Yuan Renminbi (CNY), writes Oliver York at Brewin Dolphin.

Meet The Boss

The Northern Echo: Craig Keenan

Craig's career dishes up much enjoyment
CRAIG Keenan will always remember the moment when cooking as a full-time profession appeared on his horizon.

Hitachi

£360m - Hitachi wins London to Cornwall train deal

The Northern Echo:

12:24pm Thursday 30th July 2015

A TRAIN manufacturer which is creating more than 700 jobs in the North-East has won the £360m contract to make high speed trains to run between London and Cornwall from 2018. 

Hitachi impressed by calibre of North-East workers

The Northern Echo:

5:20pm Wednesday 10th June 2015

BOSSES at train company Hitachi Rail Europe have been delighted by the high calibre of local people applying for jobs at their soon-to-open County Durham factory.

Commercial Property

First-class base for mail service

The Northern Echo:

4:38pm Wednesday 26th August 2015

BILFINGER GVA and their joint letting agent Gavin Black and Partners, acting on behalf of private investors have secured a new letting of the Media Exchange 5 building at Coquet Street, Ouseburn Valley, Newcastle.

Investors look harder

The Northern Echo:

4:46pm Wednesday 26th August 2015

STRONG investor demand continued to push yields down in quarter two, in 12 out of 32 markets covered, according to DTZ’s UK Fair Value Index released last week.