Nov
2008
Articles from 10th Nov 2008
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Teesport profits from motor trade troubles
Nov 10 2008 | Business News
AS PENDRAGON, which owns North-east dealerships Reg Vardy and Evans Halshaw, warned it was likely to make a £30m loss this year as sales of new and used cars plummeted, Teesport became an unexpected beneficiary of the crisis on the high street, taking delivery of 1,200 Nissans cars that no one wanted. Read
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62 jobs to go at Cemex
Nov 10 2008 | Business News
MEXICAN-OWNED cement giant Cemex has announced more than 60 jobs are to go from its operations on Teesside. Read
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More firms to lose workers
Nov 10 2008 | Business News
The prospect of recession is forcing more companies to make staff cut-backs, gloomy data has revealed today. Read
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Economic problems a boost for business
Nov 10 2008 | Business News
THE collapse of the construction market and simultaneous boom in oil and gas exploration have combined to fuel expansion at a Teesside firm specialising in contractual fall-outs. Read
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Confidence at lowest level
Nov 10 2008 | Business News
CONSUMER confidence has fallen to new record lows, according to the latest consumer confidence survey. Read
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Former bank chiefs step up pressure on HBOS
Nov 10 2008 | Business News
TWO former bank chiefs have stepped up public pressure on HBOS in their bid to force its chief executive and chairman to stand down. Read
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Premier lenders hire advisers
Nov 10 2008 | Business News
LENDERS to Hovis owner Premier Foods have hired advisers to help push through a speedy reduction in the company’s debt burden, it has been reported. Read
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Lilley to create new restaurant empire
Nov 10 2008 | Business News
A NORTH East entrepreneur says he will create a new restaurant business – starting with five bistros he has taken out of administration – after deciding to wind up his nationwide group. Read
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Boost for healthcare economy
Nov 10 2008 | Business News
A £4M BIOSCIENCE project is aiming to give the region a larger slice of the lucrative healthcare economy by providing specialist research and development facilities. Read
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Fenwick profits rise
Nov 10 2008 | Business News
THE Fenwick department store chain made pre-tax profits of £41.7m in its latest financial year and boosted its annual turnover to £283.2m. Read
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The perfect blend for success
Nov 10 2008 | Business News
TWO vending machine supply companies have merged and plan to grow the workforce and double their combined £4m turnover. Read
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Sainburys checks out a 10% rise in its profits
Nov 10 2008 | Business News
A BUSY week for blue-chip results sees figures from Sainsbury’s, Vodafone and BT, while the Bank of England’s latest economic forecasts are likely to make grim reading. Read
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Barbour ‘satisfied’ with annual results
Nov 10 2008 | Business News
COUNTRY clothing giant Barbour says sales remain strong and it is confident of weathering the economic storm after it revealed its annual profits jumped by more than a third to £9.27m. Read
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Christmas under threat as recession worsens
Nov 10 2008 | Evening Gazette Business News
WILL the credit crunch prevent cash-strapped bosses from throwing their traditional Christmas bash this year? Read
