JOBS at ScS have been saved but shareholders will be wiped out with a rescue deal agreed to prevent the collapse of the 96-store North East furniture chain.Read
TWO North East media entrepreneurs have sold their business to an AIM-listed company founded by Bob Geldof in a deal which could eventually net them £750,000.Read
THE signing of contracts to build two new aircraft carriers has secured more than 1,000 jobs in the North East and Cumbria with the hope of hundreds of millions of pounds’ more work to follow.Read
BELEAGUERED bookmaker Neville Porter says it hopes to reveal details of a proposed deal to repay some of its debts and return some value to its shareholders “within the next couple of weeks”.Read
ACCELERATING demand for small-scale renewable energy installations has driven a five-fold increase in turnover and doubled staff in only 12 months at Billingham-based AAG Swepco, which said it would see sales of almost £7m this year.Read
AN ENGINEERING chief claimed Teesside was bucking the trend of a national survey, which painted the bleakest picture for manufacturing in seven years.Read
