Updated 5:43am 17 May 2012

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Adrian Pearson

Adrian Pearson

Warning as the recession starts to bite

ECONOMIC experts have warned the North East that the gains made in the last 10 years will be wiped out by the recession unless regional leaders act now.Read

'Border link-up will boost our economy'

SCOTTISH ministers could be forced to consider the impact of their work on the North East economy under a series of new proposals.Read

Bank desperately tries to lift gloom

INTEREST rates were cut again yesterday as the Bank of England introduces unprecedented measures to prevent the recession deepening.Read

Northern Rock

Northern Rock 'won't repeat mistakes of past'

THE head of Northern Rock has pledged the bank’s return to mortgage lending will not see a repeat of “failed” growth plans.Read

Plans for North Sea energy grid

EUROPEAN spending chiefs are preparing to hand over 150m to help fund an offshore renewable energy "power station".Read

Days of greed are over, says Brown

PRIME Minister Gordon Brown promised “aggressive” action yesterday to stop rewards for failure in the British banking system and suggested bankers should waive their massive bonuses.Read

credit cards, investment

Right, we are in a recession – now let's get out of it

NORTH East business leaders spoke last night of the "unsurprising reality" of working during a downturn as dire figures confirmed that the UK is now in the grip of a recession.Read

UK now in worst recession since 1980

THE UK is officially in recession with the economy at its worst since 1980.Read

Downturn takes cruel toll as the jobs dry up

JOBLESS figures continued to rise in the North East on a day when the Government was again accused of being "out of touch" over optimistic comments.Read

Businesses need action to survive downturn

NORTH East businesses warned they face “rapidly deteriorating” conditions as the country slips into recession. Read

Rock: legal fight launched on shares

NORTHERN Rock shareholders will today tell a High Court judicial review that the Government broke human rights laws by nationalising it.Read

Labour questioned over lack of help for manufacturing and engineering sector

THE Government last night denied claims it was "picking winners and losers" as Nissan families today face up to the redundancy news.Read

Author Profile

Adrian Pearson is The Journal's Regional Affairs Correspondent. He specialises in North East governance and has been at The Journal since 2007.

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