CARE home operator Southern Cross has raised more than £20m to help pay off its debts – and announced the departure of chief executive Bill Colvin.Read
BUSINESS leaders in the North East reacted with disappointment as the Bank of England left interest rates on hold at 5% for the fifth consecutive month.Read
ENGINEERING company Chieftain has published impressive half-year results and said it is close to securing a major contract which should “significantly” boost turnover and create jobs in Tyneside and Teesside.Read
KEY Tees business organisations welcomed Prime Minister Gordon Brown’s speech to the CBI last night, in which he announced the go ahead for the North-east wind farm project as part of a vision to free Britain from the “dictatorship of oil”.Read
A TEES Valley energy specialist has called for major investment in renewable energy after one of the UK’s largest offshore wind farms was given the go-ahead yesterday.Read
PUBS chain JD Wetherspoon, which employs around 360 staff on Teesside, today reported a fall in annual profits after stronger food sales failed to offset a decline in their drinks trade.Read
It is the only outstanding timetable to be announced for the nine landing spots currently used by the firm. The others are Edinburgh, Glasgow, Aberdeen, Belfast, Dublin, Manchester, Gatwick and Bristol.Read
HADRIAN’S proving a huge hit at the British Museum. Television documentaries and a film being shot by John Boorman reinforce the mass media’s current fascination with the emperor’s extraordinary life.Read
A SOCIAL enterprise eco firm being backed to the tune of nearly £400,000 by a regional development agency, could lead the way for private companies to profit from wind energy.Read