Sep
2010
Articles from 2nd Sep 2010
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MP's demand on Teesside cash help
Sep 02 2010 | Business News
MILLIONS of pounds to help diversify Teesside’s economy must still come to the area despite the likelihood that the Redcar steel plant will sold to new owners, says a Teesside MP. Read
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Property prices on the slide
Sep 02 2010 | Business News
PROPERTY prices fell by 0.9% during August as the housing market continued to show signs of weakening, figures revealed today. Read
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Kirby Adams in visit to Redcar Corus site
Sep 02 2010 | Business News
CORUS managing director and chief executive Kirby Adams was on Teesside today - as work continues to secure a takeover deal with SSI. Read
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Stadium Group looks to make money work
Sep 02 2010 | Business News
TEESSIDE electronics manufacturer Stadium Group is looking for opportunities to reinvest the proceeds from the sale of its plastics business, after more than doubling pre-tax profits in the first half of the year. Read
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Wiring Services Limited to be Boro sponsor
Sep 02 2010 | Business News
TEESSIDE electrical contractors Wiring Services Limited will be Boro’s shirt sponsor for September. Read
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Go-Ahead’s annual results beat expectations
Sep 02 2010 | Business News
PUBLIC transport giant Go-Ahead revealed better that expected annual results today but said the outlook was hard to predict as it waited for the Government to wield the axe in next month’s spending review. Read
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Eaga profits up but 223 people take redundancy
Sep 02 2010 | Business News
MORE that 220 people have taken voluntary redundancy from Warm Front company Eaga, it revealed today as it posted a rise in annual profits and income. Read
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Boss of blinds firm vows to come back fighting
Sep 02 2010 | Business News
WINDOW blinds company boss Dave Noble says the firm will honour all outstanding orders and come back fighting after its parent company went into administration, leading to the loss of over 35 jobs. Read
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Car dealer Vertu's stay-put in North pledge
Sep 02 2010 | Business News
FAST-GROWING car dealership Vertu is expected to motor ahead to full-year profits of up to £6.6m as it revealed further plans for expansion and committed itself “totally” to remaining headquartered in the North East. Read
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Stadium's chief in no hurry to splash the cash
Sep 02 2010 | Business News
ELECTRONICS manufacturer Stadium Group is in no hurry to splash out the money raised from the sale of its plastics business, despite boasting a net cash balance of £1.83m at the end of June. Read
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Jane Gallogly opening her second restaurant
Sep 02 2010 | Business News
THE former catering manager of the Sage has invested £150,000 into opening her second restaurant in the North East. Read
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Football clubs feel squeeze as spend drops
Sep 02 2010 | Business News
THE tough economic times are impacting the country’s football clubs with transfer fees paid by English clubs down on the previous year. Read
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Cutback fear is hampering UK sales growth
Sep 02 2010 | Business News
WORRIES over the fragile recovery among UK manufacturers are intensifying after growth slowed to a nine-month low in August. Read
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Tomkins former boss 'amazed' at low sale price
Sep 02 2010 | Business News
A FORMER boss of engineering group Tomkins has attacked a £2.9bn takeover of the firm as “disappointing” for shareholders. Read
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Radical restructuring at insurer sees 600 jobs go
Sep 02 2010 | Business News
UP to 600 jobs are being cut across the UK by Standard Life in a radical restructure of the life and pensions group. Read
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Album sales fall for Universal despite Lady Gaga
Sep 02 2010 | Business News
MAJOR sales for the likes of pop diva Lady Gaga and Florence & the Machine have failed to prevent falling half-year revenues at record label Universal Music. Read
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Boom for fund managers Hargreaves Lansdown
Sep 02 2010 | Business News
FUND manager Hargreaves Lansdown has toasted unprecedented levels of new business and recovering stock markets as it unveiled an 18% hike in pre-tax profits to £86.3m. Read
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Jim toasts a maverick spirit of Northumberland
Sep 02 2010 | Business News
A YEAR since it hit the market, a Northumberland-produced gin is now being sipped in Nottinghamshire and London. Karen Dent discovers why people who think they don’t like gin are being persuaded to try Jack Cain’s. Read
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Boosted by iPad
Sep 02 2010 | Evening Gazette Business News
THE group behind Currys and PC World today said first quarter sales leapt 6% thanks to a World Cup boost for televisions and strong demand for Apple’s iPad. DSG International - soon to change its name to Dixons Retail - reported back on an “encouraging start” to its financial year thanks to the robust performance from the UK and Ireland arm. Its hike in like-for-like sales across the division drove a 3% lift in group-wide comparable revenues in the 12 weeks to July 24. DSG said its UK business was buoyed by an exclusive deal to market the iPad and promotions surrounding the World Cup. Group chief executive John Browett said: “This is an encouraging start to the year, especially given the challenging market conditions” but the group remained “cautious about the economic outlook”. Read
