Latest business news and financial news in Newcastle, Teesside and the North East

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QE boosted by £50bn Feb 09 2012

THE Bank of England has injected a further £50bn into the economy today to help fend off another recession.Read

CPI set to lead the way with £880k Government grant Feb 09 2012

A SIX-FIGURE Government grant boost could help Wilton’s Centre for Process Innovation lead the way in bringing an energy-from-waste process to market.Read

Footfall boost for Middleton Grange shopping centre Feb 09 2012

A TEESSIDE shopping centre is celebrating bumper footfall following the opening of a new flagship store.Read

Workers axed as Badekabiner enters administration Feb 09 2012

MORE than 80 workers have lost their jobs after a Northumberland bathroom-making company collapsed for the third time in two years.Read

Car giant Nissan sees profits rise again Feb 09 2012

CAR giant Nissan has reported a 3.2% rise in its bottom line profits in its third quarter and kept its full-year profit target after healthier sales offset production damage from flooding in Thailand.Read

Tanfield's order book continues to grow Feb 09 2012

CHERRY picker maker Tanfield says its order book is continuing to grow as buyers replace their old equipment after the recession.Read

Fresh blood for G Gardiner and Son as it plans to grow Feb 09 2012

A WEARDALE business which has been in the same hands for two and a half centuries has brought in fresh blood as part of its plans to grow.Read

Jet2holidays to create 100 new jobs in region Feb 09 2012

PACKAGE holiday specialist Jet2holidays is creating around 100 North East jobs after announcing five new routes from Newcastle Airport.Read

Prizes on offer to green firms to boost business in South Tyneside Feb 09 2012

CASH prizes, free accommodation for a year and expert support are being offered to two green industry companies in a competition designed to bring more business into South Tyneside.Read

Rental demand is driving up income for Grainger Feb 09 2012

THE strong rental market is driving 'resilient' trading at property giant Grainger, despite the continued tough economic conditions.Read

North East businesses fear economic recovery will take three years Feb 09 2012

MORE than a quarter of North East businesses fear economic recovery will take another three years, says a new report.Read

Trinity Mirror Regionals and Google link up to help SME's Feb 09 2012

THE company which owns The Journal and Evening Chronicle is about to offer a new service to help smaller firms manage their advertising more effectively after linking up with web giant GoogleRead

CIPD awards night to reward best performing North East firms Feb 09 2012

COMPANIES which want to perform at the top of their game best realise they have to bring in changes to suit their market.Read

Hundreds of jobs to be created within Virgin Media group Feb 09 2012

CABLE operator Virgin Media is to create 620 new jobs as it looks to meet demand for its broadband and television on-demand service.Read

Shareholders pile on the pressure for Thomas Cook bosses Feb 09 2012

FRUSTRATED shareholders piled pressure on the bosses of struggling tour operator Thomas Cook following one of the most turbulent periods in the company’s 175-year history.Read

Government should not be let off the hook over Thameslink contract Feb 09 2012

THE Government should not be let off the hook if train-builder Bombardier wins enough orders to secure the future of its UK plant for the next few years, say union leaders.Read