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

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Concerns over Co-operative's banking health May 18 2013

The meeting in Manchester will also see the departure of chief executive Peter Marks, who is retiring after more than 40 years in the co-operative movement.Read

Arriva takes lead position in Central and Eastern Europe May 17 2013

TRANSPORT firm Arriva has become the largest international passenger transport operator in Central and Eastern Europe following the acquisition of Veolia Transport Central Europe (VTCE) by its parent company Deutsche BahnRead

Design jobs lost as Prudhoe's Fuzzwire factory shuts May 17 2013

THE NORTH East arm of a company known for creating striking decorations for the UK’s biggest shopping malls is to close, resulting in the loss of 45 regional jobs.Read

Landlord upbeat about UK market opportunities May 17 2013

DIRECTORS of the UK’s largest residential landlord have said the firm is taking advantage of an optimistic mood in the UK housing market after announcing strong financial performance in its half-yearly results.Read

Offshore vessels raise port’s renewable reputation May 17 2013

THREE giant offshore vessels could prove a catalyst for the development of a North East port as a renewable energy hub.Read

Guardian Marine Testing wins North East export trophy May 17 2013

REVOLUTIONARY fuel testing firm Guardian Marine Testing has topped a spectacular sales year to become our worthy winner of the North East Exporter of the Year award.Read

Investment plans for Sunderland's Bridges shopping centre May 16 2013

THE owners of The Bridges shopping centre has announced plans to invest in its catering and leisure facilities after delivering a strong set of financial results.Read

Sage Group confirms Jonathan Howell as new non-executive director May 16 2013

SOFTWARE giant Sage Group has confirmed that Jonathan Howell has joined the company as a non-executive director.Read

John James Fenwick announces retirement from Fenwick Ltd May 16 2013

THE man behind the growth of the UK’s largest independent department store group has announced his retirement from the firm.Read

Lovell takes on two new recruits in the North East May 16 2013

AN AFFORDABLE housing specialist working on a number of multi-million pound housing schemes in the North East has taken on two new recruits.Read

North East jobless figure still a worry, say experts May 16 2013

THE North East has seen a rise in the number of unemployed people, according to new figures.Read

Rising energy prices 'will threaten jobs' in the North East May 16 2013

A NORTH East writer and aristocrat has warned of a jobs threat to the North East if rising energy bills are not tackled.Read

Ben Darcy launches Darcy's of Durham vehicle repair business May 16 2013

A MEMBER of the family behind one of the region’s most successful car repair businesses is hoping to make a name for himself in the industry.Read

Izumi Products secures £20,000 contract May 16 2013

A NORTH EAST manufacturer has secured a significant £20,000 contract.Read

Full steam ahead for Hitachi's train factory in County Durham May 15 2013

HITACHI’s first UK train factory is to steam ahead in County Durham after it rubber-stamped a contract with a development firm.Read

Shares rocket at e-Therapeutics after cancer drug trials May 15 2013

DRUG discovery and development company e-Therapeutics recorded a steep rise in its share price after announcing positive progress in several drugs trials in its preliminary results. Read