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NRG, Northern Recruitment Group

Sales at NRG forecast to fall below expectations

SALES at recruitment firm NRG (Northern Recruitment Group) are expected to come in £1m below previous expectations after the business saw a fall in temporary recruitment income. Read

Threat to 300 jobs at major bakery

ALMOST 300 North East jobs were under threat last night after international bakers Tindale & Stanton went into administration. Read

Taxi owners celebrate sell-off windfall

AROUND 30 taxi owner-drivers are celebrating a cash windfall believed to be at least £20,000 each after selling their company to one of Tyneside’s major operators. Read

Oil firms can weather the price storm

OIL has remained in the headlines. The brief strike at the Grangemouth refinery raised the spectre of nationwide petrol shortages, and created queues at the pumps and an unwelcome sense of déjà vu. Read

Tesco opts for Teesport

TESCO’S decision to open a new £50m import centre on the banks of the River Tees has been welcomed. Read

Trade Minister praises dynamism of North East

THE region’s dynamism and innovation was applauded by Lord Digby Jones when he visited three North East companies in his role as Minister for Trade and Investment. Read

Work to start on Durham wind farm

WORK is set to start later this month on construction of the North East’s largest wind farm, after property and energy firm Banks Developments secured £30m of finance for the project. Read

Prices ‘a key factor in insolvency rise’

RISING fuel and commodity prices have been cited as a key reason for a 41% rise in the number of regional firms going bust in the last three months. Read

John gagg of Darchem

Darchem Engineering wins top company title

DARCHEM Engineering was last night named the Company of the Year at the biggest and best business awards in the North East. Read

Special alliance expands drug company’s markets

FAST growing pharmaceuticals business Specials Clinical Manufacturing has signed up for a strategic alliance with one of the most innovative companies in its field. Read

Transport firm off to flying start

RAIL, bus and coach operator National Express has matched its rivals by reporting a strong start to the year. Read

Real estate market suffers

REAL estate group Hammerson has painted a gloomy picture of its UK market after revealing further falls in property values and an easing in City of London rents as banks cut staff numbers because of the credit crunch. Read

Life goes on with gap years for Grumpies

I’VE been reading about Gaps for Grumpies. The ethos suits me down to the ground. It’s a volunteering and holiday package from which the under-40s and Peter Stringfellow wannabees are banned. Read

Tesco confirms import centre

WORK is set to start by the summer on a £50m import centre as supermarket giant Tesco today confirmed it would be taking over the site on the Tees. Read

University on top for engineering degree

TEESSIDE University is the top place in the country to study mechanical engineering, according to a new report. Read

BNS Telecom

BNS shrugs off loss to plan jobs growth

TELECOMS services group BNS has announced plans to create 200 jobs in the next two years despite unveiling half-year losses yesterday. Read

Paternity testing firm proves it is the daddy

A PATERNITY testing firm is looking to take on more staff after becoming the first in the North East to be approved by the Ministry of Justice to carry out parentage tests. Read

Watson Burton in tie-up with technology experts

A TOP North East law firm has persuaded a Surrey firm with a raft of blue chip clients to turn down City and US suitors and join it in a merger. Read

Cautious banks ‘are hindering recovery’

THE banks behind the lending boom which came to a spectacular end last summer are now hindering the recovery of the financial system by being too cautious, the Bank of England has warned. Read

Winners of our top awards will be revealed tonight

THE biggest event in the region’s business calendar will tonight reveal the winners of the finals of the North East Business Awards. Read