Updated 5:47am 18 March 2010:

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Peter Mccusker

Peter McCusker

Many good reasons to raise a glass

OPINION for the coming year is that the leisure market will be much the same as 2009.Read

South Tyneside hairdressers at the cutting edge of style

HAIRDRESSER Rebecca Gibson has recently opened her own salon and taken on her first member of staff - at the age of 21.Read

Barclays expected to slash bonus pot to a 10-year low

THE start of the bank reporting season and more key economic data should leave investors with plenty to ponder this week.Read

Young Enterprise

Young entrepreneurs are rewarded for trade skills

NEWCASTLE students made a strong showing at the annual Young Enterprise North East (YENE) Trade Fair awards.Read

Signet Secretarial urges firms to use free support

AN Ashington-based recruitment company is urging other local businesses to take advantage of free support on offer after winning a place to supply staff to the NHS across England and Wales.Read

Precision engineering firm aiming for China trade

AN award-winning precision engineering company is winning new business in China as it aims to broaden its horizons.Read

Banking giant Barclays bonuses set to be slashed

BANKING giant Barclays is to cut the proportion of revenues paid out for pay and bonuses to its lowest level for 10 years.Read

Tesco boss not in favour of new ombudsman

GOVERNMENT plans for a new supermarket watchdog would protect suppliers but not consumers, Tesco boss Sir Terry Leahy has warned.Read

Fashion chain New Look pulls plug on market plans

HIGH-STREET fashion chain New Look has shelved plans for a stock market flotation in the wake of recent financial turmoil.Read

NVM

Private equity firm NVM tables bids worth £20m

INVESTOR NVM has put up £20m to acquire stakes in seven businesses saying the ongoing lack of bank appetite for lending is opening the way for private equity firms.Read

Sofa firm touches base from cyberspace

A CYBERSPACE furniture business now has floorspace as part of its ambitious multi- million-pound plans to expand across the UK.Read

Highest number of empty shops in town centres are found in the North East

NORTH East town centres are among the worst affected by the recession with one in five shops standing empty in some places.Read

Retailer Sports Direct boosted

RETAILER Sports Direct raised its guidance on full-year profits for the second time in two months.Read

230 jobs to go at submarine site

BAE Systems plans to axe up to 230 jobs at a submarine site following a review of its business.Read

Matalan sale plans on hold

DISCOUNT retailer Matalan has put sale plans on hold as would-be buyers baulked at the £1.5bn asking price.Read

Rolls-Royce posts 4% rise in profits

ROLLS-Royce said profits rose 4% last year despite economic turbulence and continued delays in a number of major aircraft programmes.Read

Infrasafe to create up to 100 jobs

A RAIL maintenance firm has rebranded itself as it looks to expand into new sectors creating new jobs as it does.Read

Holidays sales on increase

TRAVEL giant Thomas Cook has hailed the resilience of the summer holiday as Britons fed up with the wintry weather rushed to book summer breaks.Read

Britons booze through recession

BRITONS are drinking their way through recession say Smirnoff-to-Guinness giant Diageo which saw strong domestic markets buck falling first-half sales across the group.Read

Northumberland Foods looks to add 20 jobs

A FROZEN food company brought out of administration last year has created 40 jobs, and is looking to add 20 more after launching new lines which have helped boost sales by 40%.Read

Author Profile

Peter McCusker is deputy business editor. Peter, a former Durham district reporter, returned to ncjMedia after a four-and-a-half year spell as news editor of the Hartlepool Mail.

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