Feb
2009
Articles from 2nd Feb 2009
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House price fears
Feb 02 2009 | Business News
HOUSE prices will fall by 40% from their peak in 2007 unless Government action succeeds in boosting mortgage lending, it was warned today. Read
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Time forgrowing green
Feb 02 2009 | Business News
ACRES of trees are being harvested for eco-energy at Wilton. Read
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Low cost airline flies into the red
Feb 02 2009 | Business News
LOW cost airline Ryanair - which flies from Durham Tees Valley Airport - today said it had swung into the red with third-quarter losses of £90.3m, but raised full-year profit expectations thanks to recent plunging fuel costs. Read
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Restart plans for reactor
Feb 02 2009 | Business News
NUCLEAR power firm British Energy today said it was ready to restart another reactor hit by technical issues. Read
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Big results will signal mood of the consumers
Feb 02 2009 | Business News
HEAVYWEIGHTS BP, Unilever and GlaxoSmithKline will test fragile investor confidence this week when they publish annual results. Read
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Boat comes in for marine centre as agency invests in old skills
Feb 02 2009 | Business News
NEW money is being injected into a ground-breaking project to boost its work putting the North East at the forefront of marine design. Read
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Fair chance for bit of match-making
Feb 02 2009 | Business News
COMPANIES in the region will get a special opportunity to sell to national buyers next month at the North East Regional Business Fair. Read
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Ashley looks at taking on rival’s gyms
Feb 02 2009 | Business News
NEWCASTLE United owner Mike Ashley is understood to be interested in taking over the gyms belonging to sports retailer JJB. Read
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Fresh fears for jobs as GSK eyes up cuts
Feb 02 2009 | Business News
THERE are fresh concerns for North East jobs after it was reported drugs giant GlaxoSmithKline is set to wield the axe again when it announces its full-year results later this week. Read
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Fraud likely to rise in slump
Feb 02 2009 | Business News
CASES of large scale fraud worth £23.45m were dealt with in North East courts last year and the figure is expected to grow with the impact of the credit crunch. Read
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Quantum sold in £32.5m deal
Feb 02 2009 | Business News
A BUY out deal worth £32.5m for North East pharmaceuticals company Quantum Specials has been hailed as showing some sectors are escaping the recession. Read
