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Business News for 16 January 2008

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Articles...

Legal challenge over biofuels

Jan 16 2008

TEESSIDE’S biofuel producers face a tough future unless a loophole favouring US competitors can be closed....

Couple weigh in with airport baggage idea

Jan 16 2008

A HUSBAND and wife business team are set to create up to 100 jobs after securing international financial backing to manufacture a baggage weighing machine that they hope could soon be seen in every airport in the world....

Region outperforms rest of the country

Jan 16 2008

THE North-East economy ended 2007 on a high, eclipsing the despondent economic news at a national level, according to new data....

Barbour to close knitwear factory

Jan 16 2008

ICONIC North-East company Barbour is to close its Borders factory with the loss of 46 jobs saying the market for classic knitwear has dropped, although sales at the company overall are up 8%....

Rewards outweigh the risks

Jan 16 2008

AS we wrote a couple of weeks ago, it’s been a mixed Christmas for the high street. It’s also been a distinctly mixed Christmas for Sir Stuart Rose, chairman of Marks & Spencer....

Miliband put in picture by region’s exporters

Jan 16 2008

FOREIGN Secretary David Miliband has been told of the success of the North-East’s exporters at a meeting of North East Chamber of Commerce members....

Pupils get their wish at glass centre

Jan 16 2008

A TEAM of schoolchildren used their new-found knowledge of the glass industry to create an entirely individual range of Thank You trophies for their local business heroes....

EMI to axe up to 2,000 jobs

Jan 16 2008

MUSIC firm EMI is to axe up to a third of its workforce and push for corporate sponsorship of its bands under a “revolutionary” overhaul....

Quick return for fast food service

Jan 16 2008

A NEWCASTLE-based fast food take-away service has cooked up a huge portion of savings thanks to the Merchant Services from NECC and the Bank of Scotland....

Firms invited to Steppe into Russia

Jan 16 2008

THE region’s exports to Russia soared to £221m last year – making it our seventh most important market....

Tesco's results short-changed

Jan 16 2008

SUPERMARKET firm Tesco insisted its Christmas trading results were “strong” yesterday despite falling short of City forecasts....

Diversity call to food firms

Jan 16 2008

INDEPENDENT food businesses in the Tees Valley are being urged to add value and diversify into non-core areas to beat an anticipated slump in consumer spending....

‘Bust’ rumours denied

Jan 16 2008

AANCO, the Stockton-based window and conservatory company, has denied rumours that it has gone bust....

PD Ports owner ties up deal with Forth

Jan 16 2008

The sister company to PD Ports owner, the Australian investment firm Babcock and Brown European Infrastructure Fund (BBEIF), has completed a deal that brings most of the UK’s east coast trade ports under the group’s control....