Author: rebecca
Newcastle’s largest office letting of 2021 is heading to Quorum Park in a move which will see a rapidly expanding security firm, triple its floorspace at the North East office park. Landlord Shelborn Asset Management has announced that Verisure UK Services Ltd will transfer its 400-plus staff to the 92,000 sq.ft. Q12 building during the first quarter of […]
The North East Fund is a £120m investment programme available to SMEs across Durham, Northumberland and Tyne and Wear. Businesses relocating to the area may also be eligible. There are five funds – each with a different investment focus to suit the needs of businesses depending on the sector in which they operate and their […]
As part of ambitious growth plans for the UK, a global digital consultancy has chosen Newcastle as its second UK base. Established in Tokyo in 2006, Monstarlab plans to create up to 100 new tech roles by 2024. With an office in London already, the company will expand its work in the UK market with a new hub in the North East, strengthening their UK footprint and showing their commitment to the region. This global […]
A £1m office refurbishment project that could pave the way to securing hundreds of new jobs for Wearside, has moved a step closer to opening. The news comes as dozens of commercial property agents, inward investment officials and representatives from Sunderland City Council gathered recently at a launch event on Doxford International Business Park for […]
LEADERS of major institutions in Sunderland have welcomed a £20m commitment announced in today’s Autumn Budget [27 October] that will support delivery of a cutting-edge training facility that will provide ‘next generation skills for next generation homes’ as part of Sunderland’s ambitious city centre housing ecosystem. Sunderland City Council, Education Partnership North East and the […]
A multi-million fertiliser distribution and storage hub, helping ease the UK’s fertiliser crisis, has officially opened its doors. Brineflow Limited, a leading manufacturer of liquid nitrogen fertilisers for the agricultural sectors, has opened a new storage and distribution hub at Port of Sunderland as part of its bid to help UK farmers embrace net-zero and be […]
New investment supports second FlexLogIC fab to meet soaring demand for flexible chips PragmatIC Semiconductor, a world leader in flexible electronics, is proud to announce that it has secured $80 million of Series C funding. This scale-up investment will be used to build a second FlexLogIC® fab in the North East of England, to meet the […]
Recognising the importance of the North East region as a burgeoning centre of battery research, innovation, skills and production, the Faraday Institution today opened a regional office in the city of Newcastle. Known as Faraday Institution North East (FINE), the office will be based in Newcastle University and led by Professor Colin Herron CBE and […]