Updated 8:49pm 8 February 2012:

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'Wage falls are digging Britain into deeper hole' Jan 30 2012

A STUDY by the TUC union said workers have become more productive over the last 30 years, but have been rewarded with rising household debt and wages that grow at a slower rate than those of their bosses.Read

George Osborne

Chancellor unveils new crisis power over banks Jan 28 2012

THERE will be "no ambiguity about who is in charge" when taxpayers’ money is at risk, promised Chancellor George Osborne, as he unveiled new laws to boost the Treasury's power during times of financial crisis.Read

Toy firm Hornby's profits knocked off track Jan 28 2012

The group, which owns the Airfix and Corgi brands, blamed fragile consumer confidence and caution among retail stockists for its UK festive sales coming in below the level of a year ago. In particular, it said sales of more expensive ranges such as Hornby and Scalextric sets were “affected adversely“.Read

Outsourcing giant cuts 500 jobs in structure shake-up Jan 28 2012

PRISONS to defence giant Serco is to chop 500 UK jobs as part of a shake-up in the way it provides back-office services to public and private sector organisations worldwide.Read

Sevcon sales spurt sees revenues rise to £5.4m Jan 28 2012

ELECTRIC vehicle component maker Sevcon has continued its drive back into the black in 2012 as it grows sales.Read

Banknote printer De La Rue to create jobs in North Jan 28 2012

BANKNOTE printer De La Rue says trading is in line with its expectations as it pushes ahead with its plan to cut costs, which includes bringing jobs to the North East from the Home Counties.Read

James Steele

Domtar's £150m take-over deal of Tyneside-led firm Jan 27 2012

US PAPER industry giant Domtar has paid £150m to buy out the Tyneside-led company which had grown into one of the world’s biggest manufacturers of incontinence pads.Read

Investment boost for printing partnership MTPrint Jan 27 2012

A LONG-ESTABLISHED north east printing firm has kicked off a new era by bringing £175,000 of new investment into the business to help support its future development plans.Read

Efforts to financially restructure Petroplus Jan 27 2012

EFFORTS are being made to financially restructure the beleaguered Swiss company Petroplus, which has put its Teesside oil storage site into administration along with other parts of its UK business.Read

Positive trading update from De La Rue Jan 27 2012

BANKNOTE printer De La Rue says trading is in line with its expectations as it pushes ahead with its plan to cut costs.Read

North East trade mission set to visit China Jan 27 2012

A major mission to help North East businesses win trade in the fast-growing Chinese market is being organised. UK Trade & Investment, Newcastle City Council and Newcastle University are jointly arranging the trip, which will focus on renewables, green technologies and hi-tech industries. Karen Dent reports.Read

Family act sees MC Ware turnover double Jan 27 2012

AN ENTREPRENEURIAL IT expert has doubled the turnover of his business after launching a welding and fabrication arm.Read

Row over RBS bonus Jan 27 2012

A £963,000 bonus for the boss of a taxpayer-funded bank has been attacked as “out of touch” by Labour.Read

Businesses chosen to kickstart revival of historic Gateshead street Jan 27 2012

SIX businesses will receive advice and support to help them grow in a pilot project kicking off in a historic Tyneside shopping street.Read

'Slug catcher' vessel

£450m gas project moving forward on Teesside Jan 26 2012

A £450m project to bring new gas supplies to the UK has moved forward on Teesside.Read

Nifco UK gets keys to new £8.5m factory Jan 26 2012

A TEESSIDE firm is unlocking the door to growth, after receiving the keys to its new £8.5m factory.Read

Teesside manufacturers are confident for 2012 Jan 26 2012

MANUFACTURERS on Teesside are confident they will end 2012 on a high - but claim the outlook will get worse before it gets better.Read

Conservatek up for award for Cargo Fleet Offices work Jan 26 2012

A TEESSIDE construction firm is up for a top national industry award due to its outstanding site standards during the restoration of the iconic Cargo Fleet Offices.Read

Norchem

Drugs firm Norchem launches new business line Jan 26 2012

PHARMACY business Norchem has started a new company as part of a diversification drive to stay one step ahead in its changing marketplace.Read

MP looking for support to save jobs at Petroplus Jan 26 2012

EFFORTS are being made to financially restructure the beleaguered Swiss company Petroplus, which has put its Teesside oil storage site into administration along with other parts of its UK business.Read

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