Firms compete for trains contracts in County Durham

More than 1,000 businesses were at an event in County Durham which could lead to contracts worth millions of pounds with train-maker Hitachi. The Japanese firm is already creating at least 500 jobs under plans to build a new generation of inter-city trains at Newton Aycliffe. On Wednesday representatives from 1,600 firms… More →

Fast track to more growth for Port of Tyne and North East region

A major £1.6m investment in the region’s rail network has further expanded capacity for the Port of Tyne, which will allow increased traffic and will boost the North East’s economic growth. Network Rail has restored some 600 yards of track with the rail itself, the crossings and the necessary signalling which… More →

Region sold short by transport cuts says NECC

The North East economy will be dealt a tough blow if transport links are not improved, according to the North East Chamber of Commerce (NECC). In a letter sent to Transport Minister Philip Hammond, the organisation says that the North East’s ageing roads will soon be unable to cater for a… More →

North East firms should start planning now for London Olympics- Deloitte

A Business advisory firm has warned firms in the North East to start planning on ways to maximise opportunities and minimise disruption that the Olympic and Paralympic Games will bring. Research from Deloitte, shows that throughout the UK over half of businesses (60 per cent) said that they expected no impact… More →

Hostel group wants to expand

A rapidly growing budget accommodation chain has unveiled plans for expansion throughout the region and UK having already created 30 new jobs in the North East. A buoyant market allowed Euro Hostel to open its doors in Newcastle last month and is set to host a string of corporate events and conferences in… More →

Record profits for Port Of Tyne

The Port Of Tyne has announced a yearly turnover of £45.5m and will award its 450 workers a new bonus worth 2% of their wages. With chairman Sir Ian Wrigglesworth and CEO Andrew Moffat at the helm, the Port has record results and a surge in container traffic has reportedly played a large part… More →

Vertu Motors announces profit increase

A Gateshead-based automotive company has said it is on the road to further growth after announcing a 22% hike in profits. Vertu Motors’ revenue also rose by 22% to £998.9m from £818.9m, reflecting the impact of acquisitions and growth in the underlying business. CEO Robert Forrester reportedly said the two key elements… More →

North Tyneside car parts firm secures £2.5 million deal

A North Tyneside car parts and repair firm is eyeing rapid expansion after securing a £2.5m deal. Cheviot 4x4, based in North Shields is gearing up for a move into premises three times larger after landing the major deal that could take its products to over 400 global distributors. After developing a… More →

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The importance of digital media

We nearly all have a website for our businesses, but how important is it to be savvy with digital media, and have in-house skills with images, podcasting, video clips and social networking?