Shield Therapeutics on track for full year profitability
Shield Therapeutics reports a 42% revenue rise to $30.4m, turning a $5.8m loss into a $209,000 operating profit, and remains on track for full year profitability in 2026.
Category : Search result: Gateshead
National Learning Group Creates Jobs After Seven-Figure Investment
National Learning Group receives seven-figure investment from North East Elevate Fund, creating jobs and expanding operations in Gateshead.
Gateshead Firm Targets 50% Growth After Contract Wins
BCE Northern Ltd, a Gateshead family-run civil engineering firm, expects 50% growth this year following new contracts and framework agreements, aiming for £12m turnover by end of 2026.
Debmat Acquired in Seven-Figure BIMBO Deal
Gateshead contractor Debmat Surfacing, established in 1979, has been acquired in a BIMBO deal with a seven-figure investment from NPIF II – NEL Debt Finance, aiming to expand services and create jobs.
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Petards Secures £1.4m in Contracts, Hails Confidence
Petards announces £1.4m contract wins for its subsidiaries QRO and PJL, highlighting customer confidence in its security and surveillance technologies.
Gateshead Charity in Small Charity Week Match Funding
Teams and Bensham Community Care in Gateshead is one of 257 UK charities chosen for Small Charity Week match funding, doubling donations up to £5,000 to support older people.
Gap Group Creates Jobs with Yorkshire Recycling Expansion
Gap Group North East opens a new recycling site in York, creating eight jobs and expanding its nationwide network to meet growing demand for WEEE processing services.
Zentia Collapses: 170 Jobs Lost at Gateshead Manufacturer
Zentia, a Gateshead ceiling manufacturer and former North East Business Awards winner, has collapsed into administration, resulting in 170 job losses amid challenging trading conditions.
Metrocentre up for sale with £500m price tag
The Metrocentre in Gateshead, one of UK's largest shopping centres, is on sale for £500m. Frasers Group and Landsec are potential buyers.
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Baby Dies After Welfare Report; Two Arrested in Gateshead
A baby has died after ambulance crews responded to a welfare concern in Deckham, Gateshead. A man and woman have been arrested and released on bail.
Murderer Back in Jail for Attacking Daughter
Michael Wade, who served 25 years for raping and killing Jean Whitfield, has been returned to prison after assaulting his own daughter and threatening to kill her.
Vertu Motors posts solid results, urges EV mandate review
Vertu Motors reports £4.83bn revenue and £24.5m profit, but warns that the ZEV mandate is distorting the market. CEO calls for urgent review of EV targets.
Vertu secures £3.9m insurance payout after JLR cyber attack
Gateshead-based Vertu Motors has sealed a £3.9m insurance payout after the Jaguar Land Rover cyber attack disrupted operations, with a net recovery of £3.4m.
Petards Reports Strong Revenue Growth Amid Contract Surge
Gateshead-based security technology company Petards announces a 24% increase in turnover to £14.9m for 2025, driven by rising contracts in rail and defence sectors.
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Omega Plastics Sold to Former Senior Team Members
Gateshead-based Omega Plastics, a former North East Company of the Year, has been sold to former senior executives Chris Thompson and Mark Thornton as founder Dave Crone retires after nearly three decades.
Officer Jailed for Fatal Crash During Emergency Response
PC Mark Roberts sentenced to 27 months for causing death by dangerous driving while responding to a 999 call about a choking baby in Gateshead.
Aspire Tech Moves into Scotland with New Acquisition
Tyneside tech firm Aspire Technology Solutions has acquired Scottish managed service provider NVT Group, marking its third acquisition in two years and boosting its UK expansion strategy.
Metrocentre 'City Within a City' Plan: 4,500 Homes, 5,000 Jobs
A landmark agreement between Metrocentre and Gateshead Council will transform brownfield land into Metro Riverside, a carbon-neutral urban district with over 4,500 homes and potential for 5,000 jobs, boosting the regional economy significantly.
Lidl Donates £22,000 to North East Charities
Lidl GB has donated £22,000 to 44 local charities in the North East, empowering store colleagues to choose causes like The Young Women's Project, supporting vulnerable young women and families.
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iPac Secures £4.75M Investment for Eco Packaging
Gateshead-based food packaging firm iPac has secured a £4.75 million investment from Maven Capital Partners to expand its environmentally-friendly product range and manufacturing capabilities.
Sister's Campaign After Brother Dies from Helium Balloon
Kaitlin Donaghey warns of helium balloon dangers after her five-year-old brother Karlton died from inhaling the gas at their family home in Gateshead.
Rapist Jailed After Police Interrupt Attack Following 999 Call
Paul Batey sentenced to five years after officers caught him in the act of rape when his victim managed to call emergency services during the assault.
Sunshine Fund Pizza Social for Parents with Lottery Grant
The Sunshine Fund hosted a pizza-making social event for parents and carers of children with disabilities, funded by The National Lottery Community Fund. The event aimed to reduce isolation and build community connections.
Vertu Motors Launches £10m Cost-Cutting Programme
North East motor retailer Vertu Motors reveals job losses and £10m efficiency drive to counter headwinds from UK Government's EV mandate, while reporting strong trading performance.
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Gateshead Watchmaker Secures Loan for World-Class Workshop
Richard Rigg of Rigga Repairs Ltd plans to build a top-tier watchmaking facility in the North East after receiving a five-figure loan from the Start Up Loans programme and Business Enterprise Fund.
Shoplifter jailed over bungled Cadbury Creme Egg heist
Callum Little, 27, has been sentenced to 36 weeks in prison after a five-week shoplifting spree across Gateshead, including a failed attempt to steal a stand of Cadbury Creme Eggs.
London Firm Buys Team Valley Retail World in Major £100m+ Deal
Retail World at Team Valley in Gateshead, a premier shopping destination with over 30 brands, has been purchased by Ashtrom Properties UK for a reported £100m-plus, marking one of the region's most significant real estate transactions of the past year.
Felling Boxing Club Wins Big in Sweden
A grassroots boxing club from Felling, Gateshead, has stunned the European boxing scene by winning four gold medals at the prestigious Golden Girls Tournament in Sweden.
Petards Sees 24% Revenue Growth Amid Defence and Rail Boost
Gateshead tech firm Petards expects a 24% revenue increase to £14.9m for 2025, driven by a £9.2m order book and strong performance in defence and rail divisions.
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Free Appliances, Carpets & Boilers for Pensioners
State pensioners struggling with living costs can apply for free kitchen appliances, carpets or boiler replacements through the DWP's Household Support Fund, administered by local councils like Gateshead.
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