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
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
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
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
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
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
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
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
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
