Updated 1:00pm 22 March 2010:

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Graeme King

Graeme King

Boots Opticians sets sights on merger

Boots Opticians is to merge with rival Dollond & Aitchison, the high street retail chain has announced.Read

More jobs to go at AstraZeneca

Another 6,000 jobs are being axed worldwide at drugs giant AstraZeneca, the group has confirmed.Read

Eaga profits keep growing in the crunch

ENERGY efficiency specialist Eaga has posted sales up 10% to £339.4m in the six months to November 30.Read

Zavvi closes its Newcastle store

The central Newcastle branch of music and DVD retailer Zavvi has shut down today with the loss of 31 jobs as as administrators Ernst & Young closes a further 15 outlets nationwide.Read

Strike ballot for northern railworkers

More than 2,000 rail workers are to be balloted for strike action over a ``comprehensive breakdown" in industrial relations.Read

Discounted food helps pub chain Mitchells & Butlers

Pubs chain Mitchells & Butlers says main meals for as little as £3.50 are helping to draw in customers during the economic downturn.Read

The former Newcastle Breweries building

Former brewery given a four-star future

THE former home of Scottish & Newcastle breweries is to be turned into a four-star hotel after a Canadian company bought the striking 13-storey block.Read

ONE OF MANY

THE purchase of the former Scottish & Newcastle headquarters building is the latest example of Newcastle’s industrial buildings being put to use in the 21st century economy.Read

Meadowhall stake said to be on market

Property giant British Land is reported to be selling a stake in one of the UK’s largest shopping centres, Meadowhall in Sheffield, as it tries to ease its debt burden.Read

UK recession expected to be worst of all leading nations

The UK is expected to suffer the worst slump of all advanced nations in the ``deepest recession since the Second World War", world economists said today.Read

Greene King reports increased festive sales

BREWER and pub company Greene King has provided a glimmer of hope for the battered sector with news of rising festive sales and no sign yet of the feared post New Year slowdown.Read

College plans an 'iconic building' on its new site

FAST growing Newcastle College has bought a new site on the edge of its existing Rye Hill campus and says it is planning to build "an iconic building" there.Read

Open University opens up a bit more in new offices

THE new Open University office base at the Baltic Business Quarter is the first major occupier of the massive £300m Terrace Hill scheme and staff have just moved in.Read

Historic building is challenging chance

ONE of the most beautiful and historic buildings in Bishop Auckland has been put up for sale by Durham County Council.Read

Swift footwork gets Linekers in action

THE opening of a prominent new bar in Newcastle this week was made possible by some very swift work by agent Christies to get a deal done in time.Read

Rejected Rocket scheme remains on launchpad

THE businessman behind multi-million-pound proposals to develop the site of a derelict town centre building on Teesside says he remains committed to the project – despite its rejection by the planning authority.Read

Hotel that evicted guests goes up for sale

THE Springfield Hotel in Gateshead has been put up for sale days after all the guests were asked to leave at just 20 minutes’ notice.Read

Sunderland lacks central office core essential for regeneration

Sunderland City Council’s efforts to bring forward tourism initiatives and retail development could be useful in bringing office occupiers back to the city centre, says Paul Nicholson.Read

Authority: Gateshead Council

Ward: BridgesRead

BARMSTON INVESTING HEAVILY IN INFRASTRUCTURE

TAKING a broad view of the commercial property marketplace, I think the market remains steady, but it’s clear that demand remains strongest in the out-of-town office market and this trend has dominated the Sunderland market place for the last decade.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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