TWO of the region’s industrial giants have joined forces in a deal which will minimise the damage done to the region’s chemicals industry following the demise of the INVISTA, Dow and Croda plants in Teesside last year.Read
BUSINESS minister Ian Lucas visited Teesside yesterday to announce a multi-million pound biotech facility that will create a global centre for innovation on Teesside.Read
STEEL unions ramped up pressure today on Teeside Cast Products’ parent company Corus, which it has given until Monday to open what it described as “good faith” negotiations with potential buyers for the plant.Read
A FORMER defence chief’s call for government to cut the multi billion pound aircraft carriers already being built in the North-east were described today as barmy by an organisation representing the contractors.Read
A FIVE-year deal by utilities provider Sempcorb to provide steam to one of its largest users was interpreted today as being good news for the medium-term future of the Wilton site.Read
NEWCASTLE Building Society hopes to see a profit this year after fighting back from a £26m loss caused by a £43m write-off in deposits it held with two failed Icelandic banks.Read
BUSINESS organisations in Tees Valley have given a qualified welcome to the government's commitment to extend the high speed rail network - but warned it must not be at the expense of investment in the east coast mainline.Read
NEWCASTLE Building Society hopes to see a profit this year after bouncing back from a £28m loss caused by a £43m write-off in deposits it held with two failed Icelandic banks.Read
THE founder of North East stock market-listed company Tanfield says plans to sell its electric vehicle making business to its US partners is good news for the region.Read
REDCAR MP Vera Baird has called for Corus’ under-fire chief executive Kirby Adams to be moved aside if he cannot be trusted to do a deal over the stricken Teesside Cast Products Plant.Read
NORTHERN Rock chief executive Gary Hoffman yesterday proclaimed the troubled bank had "turned the corner" after revealing it made smaller than expected losses in 2009.Read
