Major revamp of historic markets gets under way

Work on a major £1m overhaul of Middlesbrough’s historic North Ormesby Market Square gets under way this week. The complete refurbishment which starts today follows months of planning and extensive consultation with market traders and local residents. The scheme will transform the square – which is home to the Grade 2 listed… More →

Retail sales bounced back in January

Figures have shown that UK retail sales recovered in January, after heavy snow caused a large fall in December sales. According to the Office for National Statistics the volume of retail sales in January rose 1.9% on the previous month. December’s monthly figure was also revised from an earlier estimate of a… More →

North East business woman reaps the rewards of new business

A regional entrepreneur who drew a line under her design career to open up her own shop has created 19 jobs thanks to her new venture.  Last year Newcastle-based Deborah Hodgson opened up her first shop, Cuba Lily, in Darlington and has since gone on to open two further shops. The former… More →

Sunderland wholesaler goes under

A Sunderland-based meat wholesalers, which once had an annual turnover of £1.2m, has been placed into administration and has ceased trading. It is understood that Ashbrooke Foods had reportedly run up substantial debts and the administrators SFP then took the decision to close the business. SFP’s Daniel and Simon Plant – both licensed members… More →

Inflation up by 0.3% in January

The UK Consumer Prices Index (CPI) annual inflation rate rose to 4% in January, up from 3.7% in December, as the effects of the VAT rise were felt. Higher oil prices also meant inflation remained well above the 2% target. Retail Prices Index (RPI) inflation - which includes mortgage interest payments -… More →

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Small firms helped to bid for procurement ‘billions’

David Cameron has announced a series of measures to help small and medium-sized firms compete for billions of pounds worth of central government contracts.

He said the aim was to give businesses greater access to the bidding process by eliminating “excessive bureaucracy and petty regulation”.

Firms should no longer have to input their information each time they apply for a new contract, for example.

The CBI, however, said the government could have gone much further. But what do you think? 

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