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Graeme King

Graeme King

New jobs worry as ITV looks for savings

SPECULATION over possible disposals and job cuts at ITV has continued amid reports the broadcaster may be looking to offload Freeview channel operator SDN.Read

Your chance to hit the trading floor

THIS week we launch our new fantasy stock market game, Taking Stock. At a time when it’s easy to get downhearted about the investment market, Taking Stock offers a chance to ‘play’ the stock market without putting anything at risk - and who knows, you may develop some skills which lead to making a real life million.Read

Business News 26, 27

Kevin Rowan 26Read

Cumbria in £2bn Energy Coast plan

BUSINESS secretary Lord Mandelson will be the star speaker at a summit to debate the economic future of Cumbria tomorrow.Read

Bradford and Bingley

Building societies fighting bank levy

NORTH building society bosses have attacked a Government scheme to look after the customers of failed banks which they say will hit their profits and force them to give a worse deal to their own customers.Read

Unit ‘ticks all the boxes’

A NEW tenant has been secured for a high-profile office unit on the Monkton South Business Park in South Tyneside.Read

Landlord offers free rent for year to manufacturer

THE landlord of an industrial site on Wearside has made the unusual move of offering it rent-free for a year to help businesses survive the recession.Read

Business park sold at ‘bottom of market’ for £20.25m

ABUSINESS park close to the MetroCentre has been sold in a deal worth £20.25m, with the buyers saying they believe they have bought close to the bottom of the market.Read

Revamp to help block make good impression

ACOMPREHENSIVE refurbishment is to bring a faded office building into the 21st Century.Read

Money

Small business leaders renew calls for credit

SMALL business leaders have called for a renewed effort to free up credit for North East companies after research showed the Government’s much heralded £1bn loan guarantee scheme was not working.Read

Specialist glassmaker Romag

Glass firm lays off 60 staff to cope with delays

SPECIALIST glass manufacturer Romag has temporarily laid off 60 workers at its County Durham plant, as the company tries to cope with delays to several of its contracts.Read

Rolls happy with record order book, despite job losses

Engineering and aerospace giant Rolls-Royce says its record order book and “robust“ balance sheet have left it confident of weathering the economic storm.Read

Thomas Cook positive about bookings

Holidays giant Thomas Cook says its UK business is performing strongly despite would-be holidaymakers taking longer to book trips.Read

Wheels set in motion for alloy specialist

A NEW business opening up in Westerhope in Newcastle is putting its faith in the pride people show in their cars to see it through the current downturn.Read

Time to harness brain power for benefit of firms in region

ECONOMIC experts have been saying the North East needs to develop a "knowledge economy" for years.Read

Hilton in 'deal to open hotel in Joplings store'

ONE of the biggest names in the hotel industry is closing in on a deal to open an outlet in the centre of Sunderland.Read

Grainger

Grainger is upbeat - but still no green shoots yet

THE UK's biggest listed residential property owner says it has seen slim signs of recovering demand in the market, but has stopped well short of identifying any "green shoots".Read

Consultants aim to build future for market town

THE architecture practice behind a blueprint for the future of Barnard Castle has been re-hired to provide specialist advice on particular development sites in the town.Read

Bids due on healthcare buildings

THREE former health centres in the Tyne Valley and the west end of Newcastle have been brought to the market this week.Read

Apartments for pub site

A NEW block of apartments will be built on a prominent site at the south end of Low Fell in Gateshead, where the Beacon Lough pub used to stand.Read

Author Profile

Graeme King is a business reporter for The Journal covering stories across the spectrum of North East business, as well as recently developing a specialism in commercial property. He joined the paper in 2001 as a news reporter before moving to the business desk a year later, having started his career on a weekly community paper in Leeds.

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