May
2009
Articles from 29th May 2009
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PD Ports plans to axe 120 jobs
May 29 2009 | Business News
THE operator of Teesport in Middlesbrough has today announced plans to axe around 120 staff to cut costs if the nearby Redcar steel works shuts. Read
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Urgent Vauxhall talks
May 29 2009 | Business News
EUROPE’S industry ministers are holding emergency talks today amid concern at Germany’s handling of moves to sell General Motors Europe, which employs 5,000 UK Vauxhall workers. Read
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Textile group to close
May 29 2009 | Business News
ADMINISTRATORS battling to save a 174-year-old textile firm said yesterday closure was inevitable after angry staff blocked an 11th-hour rescue. Read
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Confidence is growing
May 29 2009 | Business News
BUSINESSES are becoming more optimistic over trading prospects, but few plan to recruit as the recession continues to batter corporate Britain, a survey revealed today. Read
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Vertu Motors dealership drives forward with expansion
May 29 2009 | Business News
MOTOR dealership Vertu Motors is defying the slump in the car market by placing £30m in shares as a way of funding a major expansion programme which could see it create hundreds of jobs in the North East. Read
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Keep on talking plea
May 29 2009 | Business News
A TEESSIDE MP is urging the chief executive of Corus to meet with her as the fight to save 2,000 local jobs continues. Read
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Water company chief plans spring retirement
May 29 2009 | Business News
NORTHUMBRIAN Water managing director John Cuthbert yesterday revealed that he plans to retire next spring after more than 20 years in the industry. Read
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Sizzling finale today for Firefox and Van Man
May 29 2009 | Business News
TODAY they will take to the trading floor one last time, knowing that a fluctuation here or a stock price tumble there could be the difference between winning and losing. Read
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Scrappage leads to big sales
May 29 2009 | Business News
MORE than 35,000 new cars have been ordered through the UK’s scrappage scheme since it started a month ago, it was announced today. Read
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Home hope
May 29 2009 | Business News
NEW data has provided further evidence that the end of the housing slump could be in sight. Read
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New industrial revolution for north
May 29 2009 | Business News
THE recession will cause the biggest shake up of the country’s business landscape since the industrial revolution, finally bridging the North-South divide. Read
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Ashley’s group sells stake in rivals JJB
May 29 2009 | Business News
NEWCASTLE owner Mike Ashley’s Sports Direct International has offloaded its 4.8% directly-owned stake in struggling rival JJB Sports. Read
