Nov
2009
Articles from 6th Nov 2009
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11 North East stores to be closed
Nov 06 2009 | Business News
THE demise of the Threshers and Wine Rack off-licence brands in the North East moved a step closer last night after its administrator said it was closing hundreds of stores resulting in 1,738 redundancies. Read
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Pension threat at Johnson Matthey
Nov 06 2009 | Business News
JOHNSON Matthey, which operates its catalysts division at Billingham, says it is considering closing its final salary pension scheme in response to a £173m shortfall in its fund. Read
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Microslat’s U.S. schemesuccess
Nov 06 2009 | Business News
A TEES Valley firm is set to stamp its mark in the USA thanks to the help of an initiative offering free trade flights to small and medium-sized enterprises (SMEs). Read
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Bank pledges £1bn
Nov 06 2009 | Business News
YORKSHIRE Bank said it would make up to £1bn of new money available for North-east business customers during the next two years as part of a £10bn lending commitment to UK businesses and retail customers. Read
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Slump takes a heavy toll
Nov 06 2009 | Business News
BUSINESS organisations across the region welcomed the additional £25bn boost to the UK economy from the Bank of England - but it came too late to save many of the 3,000 North-east firms that have crashed since the start of the banking crisis. Read
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Deal to be revealed
Nov 06 2009 | Business News
DETAILS of an agreement which paved the way for a fresh wave of postal strikes to be halted hours before the latest walkouts were due to start, will be released today. Read
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Scappage scheme drives motor industry growth
Nov 06 2009 | Business News
NEW car sales soared again last month as buyers continued to take advantage of the Government’s “cash for bangers” car scrappage scheme. Read
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Bank fined £8m after staff gambled clients’ cash
Nov 06 2009 | Business News
INVESTMENT bank UBS has been hit with an £8m fine after traders gambled clients’ cash without per mission and tried to cover their tracks. Read
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Stainton Metal is looking at a bright future
Nov 06 2009 | Business News
A LIGHTING column manufacturer is looking forward to a bright future despite the dip in new house builds. Read
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Downturn forces deep change in shopping habits
Nov 06 2009 | Business News
A NEW survey shows North East shoppers are making long-term changes to their shopping habits – and almost 40% have cut their clothing budgets in the last year. Read
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BluCurve looks at Southern Europe market
Nov 06 2009 | Business News
THE former technical director of a water cooler and dehumidifier manufacturer is hoping to make it big in Southern Europe after coming up with a new domestic water filtration system which fits under the kitchen sink. Read
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500 new jobs on way at Tyneside security firm
Nov 06 2009 | Business News
A SECURITY firm on Tyneside plans to create over 500 jobs in the next two years and increase its turnover from £15m to £50m after a big investment from its US owner. Read
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Opel workers on streets in jobs threat protest
Nov 06 2009 | Business News
THOUSANDS of Opel workers took to the streets yesterday in a protest strike over General Motors’ decision to abandon the company’s sale to new owners which is expected to lead to the loss of 10,000 jobs. Read
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Grainger raises cash as housing market revives
Nov 06 2009 | Business News
BRITAIN’S largest landlord Grainger plc has revealed plans to raise £250m as it starts to look to buy more property as the housing market begins to revive. Read
