News
The latest reporting on business, policy and the wider North East economy.
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Newcastle to pitch proposed Tyne development zone to international investors
Mayoral Development Zone will feature alongside Pilgrim Street, a space skills centre and Quayside Music Studios at international conference.
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Deep tech and science Long Read · 7 min read
The North East's role in the UK government's £7.8bn space plan
How the North East is already equipped to contribute to Britain's new space strategy.
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Sunderland Museum and Winter Gardens closes as £13.6m redevelopment moves towards contractor appointment
Bellrock Consulting will oversee the appointment of the main contractor ahead of a planned December 2028 reopening.
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Siemens Energy to make Rolls-Royce SMR turbine parts in Newcastle
Newcastle's CA Parsons Works will supply components for the first three reactors at Gwyndod on Anglesey.
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Metro to Washington route revealed with three proposed stations
The 13km proposal includes Follingsby, Washington North and Washington South stations.
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Avant plans 320 homes for former Sage headquarters site
Skyline Quarter would replace the vacant Great Park office with houses and apartments
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Aspire Technology Solutions’ revenue reaches £50.8m
The Gateshead IT services company is halfway to its target of £100m turnover by 2030.
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Atom Bank confirms succession talks after reports CEO will step down
The Newcastle lender says discussions with Mark Mullen have accelerated in recent weeks.
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Newcastle Airport has its busiest day for international travel since it opened
Almost 22,000 passengers passed through in a single day, as the airport expands its route network and capacity.
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Acklam Hall plans a 59-bedroom hotel to 'future-proof' the business
The revised scheme keeps the hotel separate from the Grade I listed hall.
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Ramsdens' £232m sale is set to put Teesside success into US hands
FirstCash's offer would move one of the region's few quoted companies into US ownership.
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Cramlington fashion brand Disturbia's revenue reaches £52.8m, up 50 per cent
The alternative fashion label has taken two rounds of private equity investment since 2023.
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Gateshead's Shield Therapeutics posts first operating profit as US sales and licensing deals grow
Licensing income from China and Europe is now complementing direct sales growth in the US.
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SumUp becomes Newcastle United's first front-of-training-kit sponsor in reported £5m-a-year deal
The agreement takes reported training sponsorship income to about £11m a year.
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Newcastle United's £190m training complex revives Sir John Hall's 1990s Woolsington plan
A year after North Tyneside approved an expansion, Newcastle is starting again on a different site.
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Fenwick narrows operating losses by 40 per cent in year one of three-year plan
The Newcastle-headquartered group ends the year debt-free with £63.4m cash after testing its turnaround on Northumberland Street.
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Develop North appoints Michelle Percy as executive director
The move puts Percy inside the governance of the strategy she has led since January.
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North East BIC appoints Brett Griffiths as next chief executive
Paul McEldon steps down after 25 years running the Sunderland business support organisation.
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Hargreaves Services appoints Simon Hicks as chief executive
Gordon Banham hands over after 20 years, staying on to lead the German joint venture.
