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Stagger commuter times to keep traffic flowing

RADICAL changes to the way staff work and commute are needed to avoid future gridlock on the roads, the CBI has said.Read

Warner music back in the running for EMI

EMI's recorded music division appears to be back in the sights of Warner Music today a report said the rival US firm had joined forces with private equity giant KKR to consider plans for a bid.Read

Fittings company ALM Products is forging ahead in new markets

A BUSINESS that makes fittings for furniture plans to add £2m to its turnover and create jobs after entering a number of new markets and investing £500,000 in its production line.Read

The Feathers Inn on the short list for best pub

AN award-winning pub restaurant in Northumberland has another feather in its cap.Read

New Northumbria Hotel goes for £6m

A WELL-known Tyneside hotel has been bought from administrators for around £6m.Read

Gateshead flooring company Sandafloor collapses

A 40-YEAR-OLD flooring business has been placed into liquidation with the loss of 16 jobs.Read

Greggs is rising higher on a wave of mince pies

THERE are high hopes of rising revenues at Newcastle retail baker Greggs this week as well as updates from retailers Debenhams and French Connection and an update from Royal Dutch Shell.Read

Filling the tank gets even more expensive

PRICES at the pumps have risen 27% over the past 12 months, the RAC said today, ramping up the Government’s tax take.Read

Woodchip away at wind power

THE COMPANY behind plans for a half a billion pound power station on Teesside fired by woodchip has welcomed a report that rated biomass as one of the most cost effective ways of cutting emissions, saying it was up to four times cheaper than offshore wind.Read

Industrial action plan?

UNIONS were due to meet in London today to decide whether to follow through on threats to take industrial action against steelmaker Corus.Read

Jobs boost for engineering firm

AN ENGINEERING firm has become one of the first companies to receive funding from a £60m pot aimed at accelerating job opportunities in Tees Valley.Read

Artwork is a great tool

STUNNING art installations are being used to attract more companies to Middlesbrough’s Riverside Park industrial estate.Read

Play fair on tax - hauliers

HAULIERS on Teesside are shouldering a massive three quarters more in fuel taxes compared to their London counterparts, a business organisation said today as it tried to head off more planned increases in this month’s budget.Read

Bright sparks

SPENNYMOOR-BASED Thorn Lighting and 3M of Newton Aycliffe were among the winners at the Durham and Wearside nebusiness awards 2009.Read

Lehman Brothers

Lehman report points finger at top managers

A REPORT into the collapse of US investment bank Lehman Brothers has found “credible evidence” that senior managers approved misleading financial statements in the run-up to the group’s demise.Read

Watchdog to change tack after scandals

THE City watchdog has announced plans to be more proactive in protecting consumers from mis-selling scandals.Read

Windfalls in fashion as firms share out

THE bosses of streetwear fashion firm SuperGroup are in line for a £105m payout after its share offering priced the firm at £395m.Read

Recession turns up heat under Aga manufacturer

THE maker of iconic cast iron Aga cook- ers has seen annual profits slump to less than £1m as the recession continued to impact on large household spends.Read

NDI critical of call to axe ships carriers

A FORMER defence chief’s call for Government to axe the construction of two new aircraft carriers – being partly built in the North East – has been criticised by an industry body.Read

Good relationship Sparks further contracts

CONTACT centre and distribution firm Spark Response has won a deal to work with cosmetics brand Soap & Glory.Read