Feb
2010
Articles from 12th Feb 2010
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Private equity firm NVM tables bids worth £20m
Feb 12 2010 | Business News
INVESTOR NVM has put up £20m to acquire stakes in seven businesses saying the ongoing lack of bank appetite for lending is opening the way for private equity firms. Read
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Buoyant Opus aims to recruit 80 more staff
Feb 12 2010 | Business News
A MECHANICAL and electrical contracting firm plans to create 80 jobs over the next two years after almost doubling its turnover to £4m and moving into new offices. Read
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Time running out to find a buyer for TCP
Feb 12 2010 | Business News
ANGER is running high over the lack of action to save Teesside Cast Products (TCP) and the jobs of its 1,600 staff as the deadline for its partial mothballing nears. Read
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Sofa firm touches base from cyberspace
Feb 12 2010 | Business News
A CYBERSPACE furniture business now has floorspace as part of its ambitious multi- million-pound plans to expand across the UK. Read
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Stockton branch of Ethel Austin to close
Feb 12 2010 | Business News
BELEAGUERED clothing retailer Ethel Austin is closing its Stockton branch - but the company’s five remaining stores on Teesside will stay open for business. Read
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CableCom Training makes investment at Tees Valley business park
Feb 12 2010 | Business News
A TEESSIDE training provider is making a seven-figure investment at a Tees Valley business park as part of its on-going expansion. Read
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North-east reaping benfits of Business and Enterprise North East
Feb 12 2010 | Business News
EVERY publicly-funded pound invested in one-to-one support for companies in Tees Valley by Business and Enterprise North East generates more than four times that amount for the local economy. Read
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Gloom still building for construction industry
Feb 12 2010 | Business News
THE North-east construction market has been hit with further bad news, with new figures showing builders in the region witnessed a further drop in work over the final quarter of 2009. Read
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North-east subsea sector to make waves
Feb 12 2010 | Business News
A NORTH-EAST energy sector body has predicted an upturn for the region’s subsea sector, amid warnings by UK business leaders of painful hikes in the cost of living caused by oil price surges. Read
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Expansion for Bernhard Schulte
Feb 12 2010 | Business News
A SHIPPING company is creating 18 jobs and moving to new premises after winning a £88,000 grant to help fund its expansion ambitions. Read
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230 jobs to go at submarine site
Feb 12 2010 | Business News
BAE Systems plans to axe up to 230 jobs at a submarine site following a review of its business. Read
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Retailer Sports Direct boosted
Feb 12 2010 | Business News
RETAILER Sports Direct raised its guidance on full-year profits for the second time in two months. Read
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Infrasafe to create up to 100 jobs
Feb 12 2010 | Business News
A RAIL maintenance firm has rebranded itself as it looks to expand into new sectors creating new jobs as it does. Read
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Highest number of empty shops in town centres are found in the North East
Feb 12 2010 | Business News
NORTH East town centres are among the worst affected by the recession with one in five shops standing empty in some places. Read
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Rolls-Royce posts 4% rise in profits
Feb 12 2010 | Business News
ROLLS-Royce said profits rose 4% last year despite economic turbulence and continued delays in a number of major aircraft programmes. Read
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Matalan sale plans on hold
Feb 12 2010 | Business News
DISCOUNT retailer Matalan has put sale plans on hold as would-be buyers baulked at the £1.5bn asking price. Read
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Holidays sales on increase
Feb 12 2010 | Business News
TRAVEL giant Thomas Cook has hailed the resilience of the summer holiday as Britons fed up with the wintry weather rushed to book summer breaks. Read
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Britons booze through recession
Feb 12 2010 | Business News
BRITONS are drinking their way through recession say Smirnoff-to-Guinness giant Diageo which saw strong domestic markets buck falling first-half sales across the group. Read
