How to set up a fund

Have a vision for your fund management business, as distinct from the fund itself. Investors want to know that the manager has a sustainable business, not just a possible deal. You need to consider how you fit into the fund management structure on a long-term basis. You may need to… More →

North East firms recieved investment of £30m thanks to new fund

Businesses in the region benefitted from investment funding of nearly £30m last year following the successful launch of the Finance for Business North East Fund.   Launched last January the £125m portfolio of six investment funds, received enquiries from close to 1,000 businesses in its first year in operation.     A… More →

Bank builds Bridges

NORTHERN Rock last week helped bring new life and a new identity to a community service in South Tyneside. Bridges, Your Community Bank, formerly known as South Tyneside Credit Union, has moved to a new and fully refurbished premises on Sunderland Road in South Shields, and opened its doors to members of the local… More →

Airport lands new business has signaled further investment into the North East, with the announcement of a new summer 2011 schedule. The five new direct routes from Newcastle International Airport, establishes the airline as the carrier with the largest range of international routes flying from Newcastle.… More →

Small firms ‘may close pensions’

Four out of 10 small firms are considering closing their existing pension scheme when the Government’s new personal accounts are introduced in 2012, research has shown.Around 41% of companies with less than 250 staff are thinking of replacing their existing scheme with low-cost personal accounts, according to the Association of… More →

Retail Industry Remains Loyal

A recent survey has shown that the retail industry has one of the lowest labour turnovers of any sector last year. Employees seem to have retained a sense of loyalty to their companies, despite the increasing demands on time and pressure to deliver more in the same time frame. The 2011 National… More →