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A Southern Cross care home

Earnings down at Darlington home care company

DARLINGTON-based Southern Cross Healthcare said its first-quarter adjusted earnings fell slightly, due to a 2.4% drop in average occupancy rate.Read

Grainger

Newcastle-based Grainger attacked over £2.9m pay-off

BRITAIN’S biggest landlord has defended a multi-million-pound payment to its former chief executive when he stepped down from the company due to health reasons.Read

Herbert Piereder, ASL

£600,000 investment brings a boost to Blyth firm ASL

A TECHNOLOGY firm has won a £600,000 boost in its bid to win the race to improve the efficiency and stability of energy distribution around the national electricity network.Read

Green light for Teesside business park

DEVELOPERS have pushed the green button on one of the biggest Teesside business parks - two years after original plans were approved.Read

North East liquidations on the increase

THE number of compulsory liquidations across the North East increased by 9.1% last year, figures from the Government’s Insolvency Service reveal.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

Northumberland marine firm relocating to deeper waters

A MARINE engineering firm has moved one of its key facilities across the River Tyne in order to handle larger projects and increase its workforce.Read

Gateshead firm Tolent to quit AIM market

CONSTRUCTION form Tolent will quit the stock market next week after shareholders agreed the recommendations of the company's board to delist.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

Ethel Austin group calls in administrators

THE future of 76-year-old discount retailer Ethel Austin was once more under threat after the group called in administrators for the second time in two years.Read

Dividend payouts plummet

DIVIDEND payouts for investors in UK companies fell £10bn last year and will continue to disappoint in 2010.Read

Suitors eye up Bay Restaurants

LA Tasca and Ha Ha Bar & Grill owner Bay Restaurants is being circled by private equity-backed firms keen to snap up the group, it was reported yesterday.Read

Safety first in the Teesside workplace

THE number of accidents in the workplace on Teesside has risen by 18%, new data has shown.Read

A slick oil idea pays dividends

A TEESSIDE biofuels expert claims a heating fuel made from used cooking oil could slash emissions from off-gas properties by a quarter and save on home energy costs.Read

Cautious on North-east output rises

THE North-east was the only UK region to see accelerated economic output in January, albeit marginal, new figures have revealed.Read

Ethel Austin call in administrators

THE future of around 60 Teesside workers was in doubt today after clothing retailer Ethel Austin called in administrators for the second time in two years.Read

Peter Howe, managing director of Komatsu UK

Komatsu confident of a comeback despite cuts

A COMPANY which makes hydraulic excavators is confident that it can stage a turnaround after axing almost 500 staff and seeing its pre-tax profits plummet from £37m to £3.4m.Read

Santander could float its £15bn UK banking arm

SPANISH banking giant Santander is weighing up a possible £15bn float of its UK banking interests, it has been reported.Read

Freeze-up brings a warm glow to CVO

THE January cold snap has ignited trade at homeheater, CVO Fire.Read

Troubleshooter in van hire firm’s hot seat

THE UK’S biggest van hire firm has appointed a well known business troubleshooter, previously shipped in to sort out the now washed-up Sea Containers empire and its rail franchise GNER, as chairman.Read