Updated 5:48am 17 May 2012

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Andrew Hebden

Andrew Hebden

Scott Logic finds the solutions for survival

WHEN its biggest client became the highest-profile victim of the credit crunch, Newcastle-based financial software development firm Scott Logic faced an uncertain future. Read

Honesty is usually the best policy

IT really hasn’t been a good week for UK plc, a fact underlined by the European Commission’s prediction that the British economy is facing a far bigger fall in GDP than the European average.Read

Tenacity the key, says winner

PAUL Mankin was named Dealmaker of the Year at the inaugural Journal Dealmaker Awards in June 2008. He was credited with leading the premier North East corporate finance team, specialising in deals from £5m to £200m in value and for having been involved in over 200 transactions.Read

Bellway to face angry shareholders

Newcastle housebuilder Bellway is expected to come under fire from its shareholders today after ditching its previous performance targets and paying huge bonuses to its directors.Read

Barack Obama

Obama pledge could be major boost for Tanfield

TANFIELD is hoping to be one of the big beneficiaries of US President-Elect Barack Obama’s pledge to rescue the American car industry using alternative technologies.Read

CRIME

Bag head namedRead

Few lenders pass on rate cut

ONLY a handful of mortgage lenders have so far said they will cut their standard variable rate (SVR) mortgages and most are not expected to follow suit.Read

Rates cut best way to minimise casualties

THE Monetary Policy Committee will tomorrow rewrite the history books when they vote, almost certainly, to reduce interest rates to their lowest level in 314 years.Read

Easing credit could jump-start car market

BRITAIN’S ailing motor industry would benefit from Government action to make credit available again rather than a direct bailout, one of the country’s most senior business leaders has claimed.Read

No plans to cut Nissan wages

NISSAN has written to all 3,500 manufacturing workers at its Sunderland plant to assure them there are no plans to cut their wages next year.Read

New figures on exports are cheering

THE new figures published today showing the region’s continued growth in exports are a source of some encouragement in these testing times.Read

Oil barons look ready to cut production

SIX months ago, the growing oil and gas sector was cited as an undoubted strength of the North East economy. But a rapid deterioration in the price of a barrel of oil since June threatens to change all that.Read

Don't put all your eggs in one basket . . . concentrate on flexibility, warns Trapp

ADAPTING to dramatic changes in the market is nothing new for Dr Tony Trapp.Read

WARNING SIGNS

THE high oil price transformed the face of the UK North Sea oil and gas sector.Read

Picture to illustrate credit crunch, recession, stock markets

A rapid decline and fall

IF the events of 2007 – the year which witnessed the first run on a British bank since the mid 19th Century – were dramatic and historic, where on earth do we begin the search for the words to describe the 12 months just passed?Read

Survival dominates thoughts at timely economic forum

AS delegates arrived at the Gosforth Park Marriott for last week’s annual North East Economic Forum, they didn’t have long to wait to be reminded of the reason it was billed as the most important in the event’s five-year history.Read

WHEN Geoff Hoon took over as Transport Secretary in October, the main feeling about his appointment was frustration at yet another change at the top of this important Government department.

But having spent half an hour in the company of Mr Hoon during his visit to the region last week, I was left feeling far more upbeat about the prospects for Britain’s creaking transport infrastructure.Read

NEEF hears case for North East high speed rail link

THE case for a new high speed rail link serving the North East dominated the morning session of today's North East Economic Forum conference.Read

Struggling firms want the pound to stay weak

REMEMBER 12 months ago when British shoppers were flocking to New York for their festive shopping trips? Read

Struggling firms want the pound to stay weak

REMEMBER 12 months ago when British shoppers were flocking to New York for their festive shopping trips?Read

Author Profile

Andrew Hebden is Assistant Editor (Business) at The Journal, responsible for overseeing the development of the paper's business coverage in print and online. He was previously Business Editor then News Editor at the Press and Journal in Aberdeen and Business Editor at the Telegraph & Argus in Bradford.

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