Feb
2010
Articles from 10th Feb 2010
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Grainger shareholders vote against payment
Feb 10 2010 | Business News
PROPERTY giant Grainger plc says it was “slightly disappointed” after shareholders voiced their concern at a multi-million pound pay-out to former boss Rupert Dickinson by voting against its remuneration report. Read
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Anger over Kraft U-turn on Somerdale Cadbury factory
Feb 10 2010 | Business News
FOOD giant Kraft faced mounting anger today after confirming the closure of an historic Cadbury factory with the loss of 400 jobs, despite earlier pledges to keep it open. Read
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Tory 'green bank' proposals met with cautionary response
Feb 10 2010 | Business News
TORY proposals for a "green bank", which would help stimulate investment in Teesside's renewables industry, have met with a cautionary response from the finance sector. Read
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Teesside pubs claim no upturn in fortunes
Feb 10 2010 | Business News
BELEAGURED Teesside pubs claim they have seen no upturn in fortunes, despite new figures showing pub closures slowing for the first time in three years. Read
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Unions organise Tees Valley roadshow
Feb 10 2010 | Business News
UNIONS have organised a Tees Valley roadshow to whip up support for a national ballot on industrial action by tied pub tenants. Read
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Call for greater government support for exporters
Feb 10 2010 | Business News
BUSINESS leaders on Teesside have renewed calls for greater government support for exporters following the release of disappointing trade figures. Read
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Research shows lack of faith in banks
Feb 10 2010 | Business News
MORE than half of local business people will look to change their bank in the next three years because they have lost faith in their current provider, according to research among 40 Tees Valley companies. Read
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PD Ports shipping service helps Asda save road miles
Feb 10 2010 | Business News
A SHIPPING service operated by Teesside’s PD Ports has helped supermarket giant Asda save more than a million road miles, dramatically reducing its impact on the environment. Read
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11-month high for UK trade gap
Feb 10 2010 | Business News
THE UK's goods trade gap with the rest of the world widened to an 11-month high of £7.3bn in December, new figures show. Read
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Nissan aiming to lead way with electric drive
Feb 10 2010 | Business News
NISSAN chief Carlos Ghosn said he is pinning much of the motor giant’s growth hopes on the development of electric vehicles. Read
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Southern Cross sees turnover increase by 3.1%
Feb 10 2010 | Business News
NORTH East care home provider Southern Cross saw revenues rise for the last three months of 2009, but earnings fell as the company incurred over £1m of additional costs in a drive to improve standards. Read
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Northern Rock savers 'to lose 100% guarantee'
Feb 10 2010 | Business News
SAVERS with Northern Rock are set to lose their 100% guarantee their on their deposits as the Government gears up to sell the nationalised bank back to the private sector. Read
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Strong figures as Grainger Homes prepares to face shareholders
Feb 10 2010 | Business News
MORE signs the housing market is on the up were revealed by Grainger today, as the property giant prepared to face shareholders angry at a multi-million pound payment to its former boss at a meeting in Newcastle. Read
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North Shields entrepreneur's novelty idea packs a global punch
Feb 10 2010 | Business News
AN entrepreneur who set up a novelty punch bag business after being inspired by boxing movie Rocky plans to expand overseas after walking away with a £10,000 prize. Read
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Great opportunity for budding entrepreneurs
Feb 10 2010 | Business News
ENTREPRENEURS in the North East expect to see their businesses grow by an average of more than 150% over the next three years, according to a new report. Read
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Support group is proving a real help
Feb 10 2010 | Business News
BUSINESS support group Business & Enterprise North East (BE-NE) has helped companies in the North East generate more than £73m in business in a year. Read
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Hartlepool firm makes cuts to stay above water
Feb 10 2010 | Business News
THE COLD snap has been both a blessing and a curse for oil and engineering firm F Peart & Co, which has reported soaring profits for 2009. Read
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Strong demand for summer breaks
Feb 10 2010 | Business News
FAMILIES are facing dearer summer holidays this year after one of the UK's biggest travel firms reported a 9% rise in its average selling price. Read
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380 Glaxo jobs under threat
Feb 10 2010 | Business News
DRUGS giant GlaxoSmithKline is to cut up to a third of jobs at one of its UK research and development sites. Read
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Trinity Mirror buys 30 newspapers from Guardian Media Group
Feb 10 2010 | Business News
MEDIA giant Trinity Mirror has taken over most of the regional newspapers belonging to the Guardian Media Group. Read
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Barclays boss hits out at plans for more regulation of banks
Feb 10 2010 | Business News
THE head of banking giant Barclays said that piling too much regulation on banks could push up the cost of credit and damage the economy. Read
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Can we rely on Geordie charm to save jobs?
Feb 10 2010 | Business News
LAST month's news that 900 staff at the Shop Direct call centre in Sunderland were being made redundant was a blow to the North East's call centre industry. Christopher Knox assesses the strength of the industry in region. Read
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Who is stepping into breach left by fallen high street giant?
Feb 10 2010 | Business News
JUST over a year since Woolworths’ demise Peter McCusker looks at the success of attempts to attract new tenants to its prime retail pitches. Read
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Controversial FSA head to stand down
Feb 10 2010 | Business News
THE head of City watchdog, the Financial Services Authority, is to step down in the summer after three increasingly controversial years in the job. Read
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Sponsor confirmed for flagship business dinner
Feb 10 2010 | Business News
THE North East Chamber of Commerce (NECC) has announced that a sponsorship agreement has been reached for one of its flagship annual dinners. Read
