Feb
2009
Articles from 10th Feb 2009
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Vodafone links with Australian operator
Feb 10 2009 | Business News
MOBILE phone company Vodafone has announced plans to join forces with Hutchison Whampoa in Australia to create a business with about six million customers. Read
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No director bonuses as Barclays posts 14% fall
Feb 10 2009 | Business News
BANKING group Barclays has posted a 14% fall in annual profits after an “extraordinarily challenging” period for the financial sector, but its share price rose as earnings were better than expected. Read
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Grainger sees pick up in housing demand
Feb 10 2009 | Business News
THE UK's biggest residential landlord Grainger says it has seen a "gentle pick up" in demand for buying homes, but says prices are under pressure from bargain hunters. Read
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Wind power potential
Feb 10 2009 | Business News
NORTHUMBRIAN Water said today it had not ruled out investing in wind energy as it headed towards achieving 20% of its power from renewable sources by 2015 - five years ahead of the Government's so-called 20/20 target. Read
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Sale protects jobs
Feb 10 2009 | Business News
ADMINISTRATORS have saved 20 Teesside jobs by parcelling up failed garage chain deVries. Read
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Not in short supply
Feb 10 2009 | Business News
FOOD and drink companies in the Tees Valley will get the chance to meet buyers from leading national retailers at the North East Regional Business Fair this month. Read
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And the winner is...
Feb 10 2009 | Business News
EATING places from across Tees Valley will vying to be named the best in the business at the North East Restaurant Awards 2009 tonight. Read
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Ex-bank bosses to face the heat
Feb 10 2009 | Business News
FORMER banking bosses were facing a grilling from MPs today as the row over bank bonuses continues to rage. Read
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Work trip is no laughing matter
Feb 10 2009 | Business News
THE Health and Safety Executive (HSE) has launched a campaign to raise awareness of work-related accidents after 317 people in Teesside suffered injuries in the workplace last year. Read
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Insolvency starts to bite
Feb 10 2009 | Business News
THE number of businesses going bust has risen by nearly two-thirds in the North East. Read
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Days of greed are over, says Brown
Feb 10 2009 | Business News
PRIME Minister Gordon Brown promised “aggressive” action yesterday to stop rewards for failure in the British banking system and suggested bankers should waive their massive bonuses. Read
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£385,000 bonus for care home director under fire
Feb 10 2009 | Business News
CONCERNS have been raised after the finance director at one of the region’s FTSE-listed companies received a £385,000 bonus for restructuring its multi-million-pound debts months after joining the business. Read
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Sale of store saves staff’s jobs
Feb 10 2009 | Business News
AN independent furniture store and the jobs of its eight staff have been saved after it was bought by Newcastle giftware chain Collectables. Read
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Water group to suffer with its factory clients
Feb 10 2009 | Business News
NORTHUMBRIAN Water says second- half revenues will be hit as industrial customers scale back usage in response to the downturn. Read
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Win a day with Wylie
Feb 10 2009 | Business News
ONE of the North East’s most successful entrepreneurs is giving nebusiness readers the chance to tap into the expertise that helped turn a small Tyneside software company into one of the UK’s biggest plcs. Read
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CAV moves to reassure staff over cuts
Feb 10 2009 | Business News
ONE of the region’s leading aircraft companies has tried to calm fears among its staff over redundancies after announcing a major reduction in working hours as a way of coping with a drop in demand for its components. Read
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Wellstream to axe up to 90 jobs on Tyneside
Feb 10 2009 | Business News
JOBS are to be shed at one of the region’s biggest companies as the recession starts to hit a sector which has so far escaped relatively unscathed. Read
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Irish bookie’s first shop in Scotland
Feb 10 2009 | Business News
PADDY Power has opened its first betting shop on the Scottish high street and said it would create 400 jobs as it expanded. Read
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A tale of two cities
Feb 10 2009 | Evening Gazette Business News
HISTORICALLY, the granting of city status was in the gift of the reigning monarch and the criteria on which a town was judged worthy of receipt has been pretty much a moveable feast since the 1540s. Read
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More transparency wouldn’t go amiss
Feb 10 2009 | Evening Gazette Business News
The aim is laudable but the process is opaque writes councils reporter SANDY McKENZIE Read
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Undefined Headline
Feb 10 2009 | Evening Gazette Business News
THE Local Government Association said it believes there are 10 regions being considered for city status but only two or three will succeed. Those known to be in the running include: Read
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Further to last week’s Go Green report on the Biofuels Corporation at Seal Sands, go to nebusiness.co.uk/ interactive-business/ for an interview with chief executive Richard Nickels
Feb 10 2009 | Evening Gazette Business News
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Paul’s inside story
Feb 10 2009 | Evening Gazette Business News
Family life: Lives with wife Jayne in Yarm and has three children: Christopher, 26; 24-year-old Katy and Carl, 22 Read
