£15 Million funding pilot for SME’s in the North-East Sep 27, 2022 The Tees Valley has been chosen as one of just two locations to pilot a new initiative to build on local innovation strengths – with an initial £15million investment available to support businesses. Part of UK Research and Innovation, Innovate UK’s Launchpad pilot will invite small and medium enterprises (SMEs) to apply for competitive grants […] Posted by: Nathan Spencer Read more
£745m business case published for North-East metro extension Nov 10, 2022 Cross-party North East politicians and regional business leaders have come together to call upon the Government to invest in North East infrastructure by supporting the re-development of a new Metro extension in the region. The move comes as Transport North East publishes the first step in production of a Business Case, for approval by the […] Posted by: Nathan Spencer Read more
ADG submits plans for Peterlee retail centre Jan 4, 2023 Yorkshire-based Almscliffe-Dhesi Group (ADG) has submitted plans to Durham County Council for a new centre on the former Vauxhall Car dealership site off Passfield Way, in a move it says would create up to 100 full and part-time jobs. High-profile tenants already signed up for the 13,027sqft sq ft development include national retailers Sainsbury’s, Tanning […] Posted by: Nathan Spencer Read more
Almscliffe-Dhesi completes significant property deal in Middlesbrough Feb 2, 2022 Yorkshire-based Almscliffe-Dhesi Developments Ltd has completed a significant property deal by the A66 in Middlesbrough. The flourishing property company, part of the Almscliffe-Dhesi Group, is converting a brownfield site by the SG Petch dealership into a brand-new drive-thru’ roadside location. The 6,200 sq ft development, which has received planning approval, comprises three stand-alone units which […] Posted by: Nathan Spencer Read more
Another huge win for North East as Teesside port selected to house new wind turbine factory Mar 11, 2021 A global offshore wind manufacturer will build a state-of-the-art turbine blade manufacturing factory on Teesworks it was announced last night. A deal was struck with French powerhouse GE Renewables Energy for its new facility to be based in the North East, ahead of another location in France. It will sit alongside a new port being […] Posted by: Mark Flanagan Read more
Blackpool Pride of Place Partnership calls on Government to further its mission to ‘Level Up’ Blackpool’s economy by £1bn Feb 2, 2022 The Blackpool Pride of Place Partnership has today released the latest edition of its Blackpool Town Prospectus aimed at responding to the current and future needs of the local community, and building on the Government’s levelling-up agenda. The Prospectus, titled “An Agenda For Action 2030” is a long-term strategic vision for Blackpool, positioning the area […] Posted by: Nathan Spencer Read more
BP to build 1GW hydrogen production plant on Teesside Mar 18, 2021 BP today unveiled its plans to create what it believes would be the UK’s largest “blue” hydrogen production facility in the Tees Valley. A feasibility study is currently taking place into H2Teesside, which is due to begin production in 2027 and is targeting 1GW of hydrogen production by 2030. It would be integrated with the […] Posted by: Mark Flanagan Read more
Design Team submit planning application for HMRC’s Pilgrim’s Quarter complex Dec 20, 2021 Now that the euphoria of the recent HMRC announcement regarding bringing 9,000 staff into the city centre by 2027 has settled, the priority is to move on at pace with planning and demolition works for the Pilgrim’s Quarter scheme on behalf of the developer, Reuben Brothers (Newcastle) Ltd. The first step in this process was […] Posted by: Nathan Spencer Read more
Fiera Real Estate disposes of retail asset to Aldi for £5.5m Aug 19, 2022 Fiera Real Estate UK (“FRE UK”) is pleased to announce the sale of West Denton Retail Park in Newcastle on behalf of Fiera Real Estate Long Income Fund UK (“FRELIF”) to Aldi for £5.5m. The asset is situated three miles north-west from Newcastle city centre, just off the A1 and offers excellent road connections for […] Posted by: Nathan Spencer Read more
Former Newcastle Brown Ale brewery site acquired for leisure development Sep 26, 2022 The owner of the UK’s largest shopping centre – the MetroCentre in the North East – has acquires a 13-acre site adjacent to the shopping centre which they’re aiming to transform into a leisure attraction. The former Federation Brewery site, which used to brew Newcastle Brown Ale, has been acquired by ‘The MetroCentre Partnership’ – […] Posted by: Nathan Spencer Read more
Global tech firm invest in £350m transformational project that will bring a world stage to the North East Mar 31, 2022 North East born tech firm, Sage, who are global leaders in accounting, financial, HR and payroll technology for small and mid-sized businesses, have recently invested £10m into a community-focused, international venue for world class business and entertainment. As official naming partners this reinforces their commitment to the region as they look to support businesses by unlocking access […] Posted by: Nathan Spencer Read more
Gresham House invests £164m in Borderlink Broadband Jan 11, 2022 Gresham House’s British Sustainable Infrastructure Fund (BSIF) has invested £164m (€191m) in fibre broadband provider Borderlink Broadband. Gresham House said the investment is being made via its BSIF I and BSIF II funds. Borderlink, trading as rural broadband provider GoFibre, serves residential and business customers across Scotland, Cumbria and Northumberland. BSIF’s £164m funding, together with […] Posted by: Nathan Spencer Read more
