BAKER Greggs has announced that Sainsbury’s retail director Ken McMeikan will be the company’s new chief executive, to succeed the retiring Sir Mike Darrington.Read
A PRIVATE equity company which owned the majority of oil and gas pipeline maker Wellstream before its stock market flotation has sold its final stake in the Newcastle-based company.Read
BUSINESS solutions provider Knowledge IT has won a major new contract to provide the primary care trusts in Newcastle, North Tyneside and Northumberland with IT equipment and support services.Read
KEN McMeikan, 42, is retail director of J Sainsbury plc where he is responsible for 453 supermarkets, the online food business and for 130,000 staff across the UK, though is currently taking a sabbatical from the company.Read
A RELATIVELY stable FTSE 100 yesterday slipped into negative territory to close 6.3 points down at 5983.9 as a strong bounce from Cairn Energy failed to lift a market dragged down by further investor apathy toward financials.Read
AN agricultural chemicals company is ready to join the fight against MRSA after expanding into new markets and believes it can double turnover in five years.Read
BIOFUEL business D1 Oils is pulling out of production and has announced the closure of its Middlesbrough refinery because it cannot compete against heavily subsidised producers in the US.Read