MPC split fuels prospect of interest rates rise

The Advertiser Series: Mark Carney, Governor of the Bank of England at the cricket ground in Chester-le-Street. (9045547)

10:05am Wednesday 20th August 2014

TWO members of the Bank of England's Monetary Policy Committee voted to raise interest in August, the first time in three years policymakers have backed a rise.

Tories attacked over regional development funding

The Advertiser Series: Shadow business secretary Chuka Umunna has said Labour would "act where this Government has failed" and devolve £30 billion of Whitehall funding to English regions to help stimulate growth.

12:24pm Wednesday 20th August 2014

THE Government's flagship regional development scheme is "mired in chaos and delay" and £900 million behind schedule in attracting private investment, Labour has claimed.

Call to tackle infrastructure problems

The Advertiser Series: STAG RETURN: Louts caused misery on flight

6:02am Wednesday 20th August 2014

MANUFACTURERS have called for the creation of a permanent UK Infrastructure Authority to address the nation’s long-term strategic requirements, and encourage vitally needed investment to support growth and competitiveness.

Balfour rejects last-ditch offer

The Advertiser Series:

9:44am Wednesday 20th August 2014

BALFOUR Beatty today spurned a last-ditch attempt by Carillion to keep alive the prospect of a £3 billion merger, a day before the deadline for any deal expires.

Commercial director leaves Durham Tees Valley Airport

The Advertiser Series: Andy Foulds has left his position as Commercial Director at Durham Tees Valley Airport

4:06pm Wednesday 20th August 2014

DURHAM Tees Valley Airport (DTVA) has confirmed that Andy Foulds, commercial director has left the business to pursue new opportunities.

Outlook healthy for manufacturers, say CBI

The Advertiser Series: Stock pictures of the production processes at the Nissan plant in Sunderland.  This picture shows the Paint Plant. (8590375)

12:30pm Wednesday 20th August 2014

THE outlook for manufacturing output growth in the next three months is strong, despite an easing of pace over the past quarter, the latest CBI survey shows.

Victorians worked into their 90s

The Advertiser Series: Pity Me - Pitmen at Framwellgate Colliery around 1823. Many Pity Me miners worked at the colliery - courtesy of Michael Richardson, from his book Memory Lane Durham City

9:59am Wednesday 20th August 2014

THE number of older people working has declined since the end of the 19th century when the Victorians worked in physically-demanding jobs such as mining and farming into their 80s or 90s.

Thai economic recovery is good news for Teesside steel

The Advertiser Series: Commander-in-Chief of the Royal Thai Army Gen. Prayuth Chan-ocha,l who led the military takeover of Thailand.

11:56am Wednesday 20th August 2014

THAILAND'S economy avoided a technical recession in the second quarter, suggesting the country may be back on the path to growth following a military coup in May.

Carillion sweetens Balfour Beatty offer

11:53am Wednesday 20th August 2014

CARLILLION last night (TUESDAY) raised its offer for Balfour Beatty for the third time, offering new terms that value its rival at more than £2bn.

Rug firm rolls out growth plans

The Advertiser Series: Modern Rugs new premises in Newton Aycliffe.

7:29am Wednesday 20th August 2014

AN ONLINE retailer of rugs is expanding into much bigger premises after running out of floorspace.

Decision time for A-level students

The Advertiser Series: Lucy Humphreys, NECC Policy Adviser.

7:19am Wednesday 20th August 2014

MANY of us will recall the clammy hands, the lip-biting and the long walk to school the morning of A-Level results day, writes Lucy Humphreys, NECC Policy Adviser.

Free business advice sessions

11:57am Wednesday 20th August 2014

A FREE two-day master class which promises to help businesses grow and meet their commercial objectives is being offered to businesses in October.

Wood Group benefits from US shale boom

11:57am Wednesday 20th August 2014

THE owner of a North-East industrial coatings firm has reported a 10 per cent rise in revenues on the back of activities in US shale gas market.

Ineos plans to tap shale gas in Scotland

11:53am Wednesday 20th August 2014

CHEMICAL firm Ineos has bought the majority share of a shale gas exploration licence close to its Grangemouth plant in Scotland.

Wharton Construction starts work on Yarm School's new music facility

The Advertiser Series: MUSIC MAKERS: (From Left) Sean Potter, site manager, Matthew Wharton, director, Wharton Construction, Peter Wharton, director, Wharton Construction and Alan Hodgson, estates manager, Yarm School.

12:25pm Tuesday 19th August 2014

A FAMILY-RUN building firm has started work on a £3m music teaching school.

Hays Travel is targeting £1bn turnover in the next five years

The Advertiser Series: Councillor Paul Watson, Leader of Sunderland City Council and John Hays, chairman of Hays Travel.

11:21am Tuesday 19th August 2014

A NORTH-EAST travel agent is expanding its operations across the UK and training 100 new apprentices as it targets £1bn turnover. .

Coffee company to expand and create jobs

The Advertiser Series: (9440755)

11:12am Tuesday 19th August 2014

A COFFEE company that started life in the North-East home of its founder plans to expand its range and create jobs with the help of a six-figure cash injection.

Shoe guru opens North-East shop

The Advertiser Series: A celebrity-favourite designer whose shoes are worn by X Factor judge Cheryl Fernandez-Versini, better known as Cheryl Cole, is opening his first shop outside of London in the North-East.

3:49pm Tuesday 19th August 2014

A FASHION designer whose shoes are worn by X Factor judge Cheryl Cole and actress Angelina Jolie is opening his first shop outside of London in the North-East.

Brewin Dolphin announces York office closure and Leeds expansion

The Advertiser Series: Wealth manager Brewin Dolphin is closing its York office

1:55pm Tuesday 19th August 2014

WEALTH management firm Brewin Dolphin is closing its York office and expanding its team in Leeds.

Search starts for new North East LEP boss

The Advertiser Series: FURIOUS CRITICISM: Nelep director Edward Twiddy has reacted angrily to The Guardian's report

1:03pm Tuesday 19th August 2014

THE hunt is on for a new chief executive to drive economic growth and create thousands of jobs across Durham, Tyne and Wear and Northumberland.

Scheme propels jobseekers into work

The Advertiser Series: Christine Hall, Managing Director of training organisation Amacus.

4:01pm Tuesday 19th August 2014

AN employment scheme is spring-boarding jobseekers into work.

Food packaging firm expands Durham operations

The Advertiser Series: (9421975)

10:00am Tuesday 19th August 2014

A DANISH food packaging firm has announced growth plans that will double North-East production capacity and increase its workforce by 50 per cent.

Inflation falls to 1.6% from 1.9%

The Advertiser Series:

9:57am Tuesday 19th August 2014

THE inflation rate fell more than expected in July as the cost of clothing, footwear, food and non-alcoholic drinks eased back in the month.

Inflation set to stay below target

The Advertiser Series: Analysts expect the Consumer Price Index (CPI) measure of inflation to have edged lower to 1.8 per cent.

9:28am Tuesday 19th August 2014

INFLATION is expected to have notched up its seventh month below the Bank of England's 2 per cent target when official figures for July are published today.

Profits leap 57% for northern house builder Persimmon

The Advertiser Series: Persimmon has reported a surge in pre-tax profits for the six months to the end of June.

9:22am Tuesday 19th August 2014

HOUSE builder Persimmon has reported a 57 per cent rise in earnings after taking advantage of the buoyant property market.

Survey shows 'pay gap' between male and female managers

The Advertiser Series: PAY CONCERN: Ann Franke, the chief executive of the Chartered Management Institute

12:03am Tuesday 19th August 2014

WOMEN managers continue to earn far less than their equivalent male counterparts with a new survey showing a pay gap of £5,980 between the sexes.

York Potash signs Central America deal

10:00am Tuesday 19th August 2014

A COMPANY behind a £1.5bn mine has signed a five year agreement with a distributor in Central America.

Monarch axe

10:00am Tuesday 19th August 2014

MONARCH Airlines may cut as many as 1,000 jobs as part of a major strategic review that aims to cuts costs and may lead to the end of long haul flights.

Businessman in running for national franchise award

4:43pm Monday 18th August 2014

A BUSINESSMAN who operates a homecare franchise in the region has been nominated for a national award.

Manufacturing firm extending its global reach

The Advertiser Series: AMBITIOUS PLANS: Matthew Elliott (left), Barclays relationship director, with Peter Coates, managing director of Durham Precision Engineering

3:11pm Monday 18th August 2014

AN EXPANDING manufacturing firm has revealed ambitious growth plans and begun exporting its products to the likes of Brazil and Egypt for the first time.

High streets hit as footfall down

The Advertiser Series: Retailers suffered a fourth month in a row of declining footfall in July, with high streets the hardest hit,.

2:47pm Monday 18th August 2014

RETAILERS suffered a fourth month in a row of declining footfall in July, with high streets the hardest hit, new figures showed.

Final call for female entrepreneurs for regional celebration

The Advertiser Series: Chair of NECC Women’s Advisory Board Nickie Gott with NECC Chief Executive James Ramsbotham

2:23pm Monday 18th August 2014

THE deadline is approaching for award entries for a contest celebrating the cream of region's female entrepreneurial talent.

Banking giant warns of risks of Scottish independence

The Advertiser Series: Interview with Scottish First Minister Alex Salmond talking about his recent announcement of the preferred date for the independence referendum.

1:10pm Monday 18th August 2014

THE owner of Clydesdale and Yorkshire Banks has become the latest business to warn of the risks it faces from Scottish independence saying a Yes vote could bring "significant additional costs".

Building society reports fall in mortgage lending

The Advertiser Series:

1:02pm Monday 18th August 2014

NATIONWIDE has reported a fall in mortgage lending in the latest sign of cooling in the housing market.

New UK body urged to oversee infrastructure

The Advertiser Series:

10:01am Monday 18th August 2014

MANUFACTURERS have called for the creation of a permanent UK Infrastructure Authority to address the nation’s long-term strategic requirements, and encourage vitally needed investment to support growth and competitiveness.

Shopping mall calls cavalry

9:57am Monday 18th August 2014

A SHOPPING centre has recruited a former Household Cavalry member.

Hair growth creates jobs

The Advertiser Series: Artist’s impressions of the interior and exterior of Shine hair & Beauty at Preston Farm, which is opening soon (Images by Tom Suggitt)

12:12pm Friday 15th August 2014

A NEW hair and beauty brand is about to open its third salon as it expands out of North Yorkshire into Teesside six months after being established.

Business hub aims to create 350 jobs

The Advertiser Series: Leader of Darlington Council Bill Dixon (left) and North East Business and Innovation Centre (BIC) director of operations David Howell. Credit; Ian McClelland Photography.

3:11pm Thursday 14th August 2014

WORK is continuing on a new business support centre that bosses hope can help to create hundreds of jobs.

Shopping centre calls in the cavalry

The Advertiser Series: David Flynn has swapped a life in the Armed Forces for a role at Darlington's Cornmill Shopping Centre

11:31am Thursday 14th August 2014

A NORTH-EAST shopping centre has recruited a former Household Cavalry member.

Can the Hobbit help save Cineworld?

The Advertiser Series: Cineworld is pinning its hopes on new releases including the next episode in The Hobbit franchise

11:07am Thursday 14th August 2014

CINEMA chain Cineworld is pinning its hopes on a raft of blockbusters to improve its performance this year after box office takings were dented by the World Cup.

Hundreds of Teesside chemicals jobs secured as Sabic joins shale gas revolution

The Advertiser Series: Sabic (Saudi Basic Industries Corporation) on Teesside

4:34pm Thursday 14th August 2014

HUNDREDS of North-East chemicals jobs have been secured following a major investment to join the shale gas revolution.

Carillion steps up capture of Balfour Beatty

The Advertiser Series: Balfour said: "Given these issues, we are reviewing the size and geographic footprint of the business with the aim of ensuring a smaller, more focussed business."

10:41am Thursday 14th August 2014

BUILDER Carillion has continued its pursuit of merger target Balfour Beatty as it highlighted the "powerful" financial benefits arising from a £3bn tie-up.

Business urged to attend James Bond-themed event

The Advertiser Series: Roger Moore as James Bond 007 and Richard Kiel as Jaws in The Spy Who Loved Me

12:31pm Thursday 14th August 2014

BUSINESS people across the North-East are being urged to snap up tables to a James Bond-style charity ball, which will help raise funds for a hospice’s new minibus.

Contracts joy for North-East firms

The Advertiser Series: John and Julie Finley with Shepherd Construction's regional managing director Andrew Constantine (centre) on the Hitachi site in Newton Aycliffe.

7:57am Wednesday 13th August 2014

TWO NORTH-EAST construction and engineering companies are reporting a surge in contracts, revenue and new jobs, amid signs that the beleaguered building trade is showing signs of recovery.

Guests given behind-the-scenes look around funeral home

The Advertiser Series: OPEN DAY: Keith Munt and Jenny Uzzell (centre) cut the celebration cake at Saint and Forster’s open day, watched by the Rev George Callander (left) and Charles Cowling, author of the Good Funeral Guide.

7:52am Wednesday 13th August 2014

A FIRM of funeral directors has celebrated expanding its premises and services by inviting people to look around its funeral home ‘before they have to.'

Carney in no rush to hike interest rates

The Advertiser Series: Mark Carney, Governor of the Bank of England at the cricket ground in Chester-le-Street.

3:09pm Wednesday 13th August 2014

INTEREST rates will only rise if wages do the same, was the message from Bank of England Governor Mark Carney yesterday, as he highlighted the risks to Britain's recovery.

Unemployment falls amid low wage fears

The Advertiser Series: TUC General Secretary Frances O'Grady reminded employers it is illegal to not give someone a job on the grounds that they may have children in the future.

11:07am Wednesday 13th August 2014

UNEMPLOYMENT moved closer to a six-year low in the three months to the end of June, but the North-East has the highest jobless rate at 9.4 per cent.

Signs of recovery but steel demand below healthy levels, says Tata

The Advertiser Series: Tata SteelI in Hartlepool

4:27pm Wednesday 13th August 2014

STEEL bosses have cheered signs of recovery in the industry, but warned that demand is well below healthy levels.

G4S upbeat as profits return

The Advertiser Series: G4S logo (9234749)

9:46am Wednesday 13th August 2014

SCANDAL-HIT outsourcing firm G4S swung back into profit today and said it hoped to grow its UK business by winning new Government contracts, four months after a Whitehall ban was lifted.

Snow plough maker goes green

The Advertiser Series: GREEN DEAL (from left): Andrew Hudson of G&H Sustainability with Colin Trewhitt of Ripon-based Econ Engineering

6:38am Wednesday 13th August 2014

NORTH Yorkshire gritter and snow plough manufacturer Econ Engineering has made a £220,000 investment in solar panels at its factory.

Local NewsYourNorth-East


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