Home News Business News Journal Business News

Hub can bring romance into lives of high-flyers

A BUSINESSWOMAN is aiming to help busy and stressed career men and women to find love. Read

Derwentside Homes

Social landlord in talks to buy 200 unsold homes

A SOCIAL landlord is hoping to help kick-start the North East housing market by buying up to 200 unsold homes and making them available for rent - with an option for residents to purchase in the future. Read

46 companies draw on emergency support fund

ALMOST 50 North East firms have tapped into an emergency £10m support package set up to help regional businesses counter the economic downturn. Read

Gary hopes to treble his sales

AN ambitious entrepreneur in the renewable and alternative energy markets is aiming to treble his sales to £30m in just three years after opening up a new £1m facility in Durham. Read

Three letters make all the difference at Hut

PIZZA Hut is changing its name to overhaul its image and menu. After 35 years in the UK under the name Pizza Hut, the company will become Pasta Hut. Read

This is right to ask, not right to train

LAST month, ministers introduced proposals for voluntary rights for employees to request time off to train. The CBI welcomed this, as compelling employers to train staff irrespective of circumstances would be unnecessary and counterproductive. Read

Harry Swan

China move rejected as company stays in North

ONE of the UK’s few remaining independent chemical companies has vetoed a move to China and opted to keep its manufacturing base in the North East. Read

New Ambic base will be signal for growth

A COMPANY that makes and supplies furniture for schools and universities believes it can almost treble its turnover as it prepares to move into a new 24,000sq ft factory. Read

Key week as giants fend off effects of the slump

A MORE detailed picture of high street trading will emerge this week when Sainsbury’s and WH Smith post updates. Read

HSBC is well placed for future growth

HSBC has outperformed the UK banking sector by 35% since the start of 2008, despite the fact that it now represents more than half of the sector by market capitalisation. Read

Don’t tar JD with the same brush

Retailer JD Sports (300p) recently posted profits that were well ahead of expectations, like-for-like sales growth touched 6%, while margins improved and costs were kept firmly under control. Read

It’s indecent if you’re ill from work

TOMORROW is World Day for Decent Work. Representatives of the global 165 million trade union members will be taking some kind of action to demonstrate against the indecent, often inhuman, conditions in which many people are forced to work. Read

Chartered Institute of Purchasing and Supplys (Cips)

Shrinking services sector fuels fears of looming UK recession

FEARS of a looming UK recession were fuelled yesterday by a survey showing the UK’s dominant services sector shrank at its fastest rate for more than 12 years last month. Read

Question mark over jobs at GSK

A QUESTION mark is hanging over the future of jobs at drugs firm GlaxoSmithKline’s Barnard Castle factory as part of cost-cutting which has already cut 300 jobs in the North. Read

36 Econnect staff axed despite rescue package

HALF of the staff at renewable energy company Econnect have been made redundant after a buyer stepped in to rescue part of the business from administration. Read

Banks to replace Taylor terms

HOUSEBUILDER Taylor Wimpey has said it is making progress towards securing new borrowing arrangements. Read

Barclays sheds 50 jobs

MORE than 50 Barclays Bank staff have lost their jobs after their department was shifted from Newcastle to Manchester. Read

A call centre worker

Listening Company hears call for jobs

A CALL centre group has pledged to create 500 jobs at its new offices in Newcastle this year and to double that number within six months. Read

Coal resurgence will lead to £50m turnover at port

ONE of the North East’s major ports is benefiting from the clean-coal revolution and expects to grow its turnover to more than £50m this year. Read

Survival expert gives his tips for wild times

SURVIVAL expert Ray Mears has been drafted in to help North East companies emerge unscathed from the economic downturn. Read