Category : Search result: North East business confidence


Advantex management buyout backed by NPIF investment

A seven-figure investment from the Northern Powerhouse Investment Fund II has enabled a management buyout at Gateshead IT firm Advantex, securing 70 jobs and driving recruitment. Read more about this regional growth story.

£10.4m Anglesey marine building transformation approved

A £10.4m project to transform Anglesey's former Amlwch Marine Terminal Building and create new business units has been approved, set to create 95 jobs and deliver a £33.9m economic boost. Read the full details.

Shoe Zone profits plunge 67%, blames government

High street retailer Shoe Zone sees profits plummet by two-thirds to £3.3m, warning of further decline. The firm cites 'highly adverse' government fiscal policies and weak consumer confidence.

Key North East Appointments Drive Business Growth

Major North East firms including Sintons, RG Corporate Finance, and OnPath Energy announce strategic new hires, signalling regional expansion and sector specialisation. Discover the latest business moves.

Jan Forster Estates collapses with £328k debts

Gosforth-based Jan Forster Estates Ltd entered administration owing over £328,000. The business was sold to the founder's daughter in a pre-pack deal. Read the full report.

50 new jobs created in North Tyneside by insurer AND-E

Global insurer AND-E is creating 50 new jobs at its North East base in Quorum Business Park, as it brings fleet claims handling in-house. The expansion will see its Newcastle claims centre double in size.

FTSE 100 breaks 10,000 points in New Year surge

The FTSE 100 index crossed the 10,000 point threshold on the first trading day of 2026, hailed by Chancellor Rachel Reeves as a 'vote of confidence' in the UK economy. Experts warn investors to stay cautious.

One UK pub closed permanently every day in 2025

New figures reveal 366 pubs in England and Wales were lost for good in 2025. Industry leaders warn of a 'drastic' situation and call for urgent government action to save community hubs.

BCRS hits £2m lending milestone for Welsh SMEs

BCRS Business Loans has provided over £2m to 34 Welsh SMEs via the British Business Bank's Investment Fund for Wales, creating 104 jobs and safeguarding 189. Read more about the economic impact.

North East's Best Companies 2025 Announced

Discover the standout North East businesses of 2025, from tech triumphs to green energy leaders, driving regional economic growth. Read the full list now.

Asda hits out at Labour over 'killing confidence'

Asda's boss says a botched £1bn IT system transition set the business back six months, hitting availability and sales. He also warns the Budget has left consumers 'confused and concerned'.

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