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Support package for Teesside Corus workers

A PACKAGE of support is being rolled out to workers facing redundancy from Corus' Teesside Cast Products site.Read

Mike Ashley's firm poised to 'torpedo' rival's recovery

NEWCASTLE United owner Mike Ashley's Sports Direct group looks set to scupper a recovery plan at rival Blacks Leisure after it bought 28.5% of the outdoor retailer’s shares.Read

Banks to dominate busy week of figures

RESULTS from Royal Bank of Scotland and Lloyds Banking Group will dominate a busy week, which will also see figures from Centrica and North East transport giant Go Ahead.Read

Luxury fashion brand Mulberry flourishing

LUXURY fashion brand Mulberry has given further signs that consumers were defying the economic gloom as it said annual profits would smash expectations.Read

Manufacturing pay deals stay low

PAY deals in manufacturing firms remain at historically low levels, with no sign of wage inflationary pressures building up, according to a new report.Read

SMEs are urged to consider non-execs

AS businesses across the North East region plan for economic recovery, a Newcastle-based corporate finance expert is calling on those SMEs which are beginning to see an uplift in sales to take full advantage and consider appointing a non-executive director.Read

Barclays bankers land £191,000 pay and bonus

MORE than 23,000 investment bankers at Barclays pocketed an average £191,000 in pay and bonuses as the banking giant surged to record profits of £11.6bn last year.Read

SuperGroup plans £125m flotation

THE stock market debut of streetwear fashion firm SuperGroup - whose designs have been worn by celebrities including David Beckham and Leonardo DiCaprio - is expected to realise hefty windfalls for founders and management.Read

Barclays set to post record profits

BANKING giant Barclays will tomorrow post record annual profits of more than £11bn which will trigger huge payouts for legions of its investment bankers.Read

A Job Centre

Job losses could be set to double

THE number of job losses looks set to double as the outlook for employment worsens and cuts spread to the public sector, it was predicted today.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

Queen and country's economy

THE Queen has been urged to play an active economic role in helping to defend Britain against a future recession.Read

Manufacturing worst since 1948

AN end-of-year surge in activity failed to prevent the UK manufacturing sector from recording its worst year since records began in 1948.Read

Gateshead firm Sevcon set to sparkle

THE North East-based president and chief executive officer of a US-listed company says that despite a tough 2009 its world-leading electric vehicle technology places it in a strong position to take advantage of the emerging low-carbon vehicle market.Read

Barratt Developments

New homes point to market recovery

THERE is fresh evidence that the property market recovery may be built on solid foundations after housebuilder Barratt said it will push ahead with plans for 550 new homes in the North East.Read

North East showing signs of climbing out of recession

BUSINESS leaders believe the North East economy has entered a period of recovery after new figures revealed that the region was the only one to record an acceleration in private sector output in January.Read

Sales frozen out on high street as cold snap bites

THE high street suffered its worst January in at least 15 years after snow and economic woes hurt sales, the British Retail Consortium said yesterday.Read

Report likely to see growth trimmed back

A CLEARER picture on consumer spending may emerge this week as firms such as Thomas Cook and Diageo are among those due to update the City.Read

Standard Life benefits as 'confidence returns'

LIFE and pensions group Standard Life revealed a fourth quarter sales rebound as it hailed the return of investor confidence in equities.Read

Bad weather hits service sector as growths declines

GROWTH in the UK services sector slowed sharply last month after snow-related disruption hit levels of activity and new business.Read