Category: Financial Professional and Business Services
UK digital challenger Atom Bank has recorded its first annual operating profit of £4 million over the last financial year off the back of strong customer growth numbers. The bank, which claims to be the first to operate in the UK exclusively via an app-based format, reported the milestone in its latest financial results for […]
North East Screen – an organisation set up to grow the North East’s TV and film industries is moving to a new head office as it looks to unearth ‘the next Vera’. North East Screen, a £37 million project supported by combined and local authorities from across the region, is relocating to The Beam at […]
A new regional growth strategy, developed in response to a national strategic review of FinTech, has identified the opportunity to create more than 2,000 new jobs in the North East by the end of 2025, taking the size of the sector’s employment to more than 7,700 jobs. The new strategy has been developed by Whitecap […]
In line with its explosive growth, Verisure UK is to add an additional 120 employees to its 650-strong team by the end of the year, following the relocation of its Centre of Excellence within Quorum Business Park, North Tyneside. Following a £3.5 million investment, Verisure, Europe’s largest alarm provider, has moved from the Neon Building […]
Ocado Retail, the world’s largest online grocery retailer, is to continue investing in the North East, after almost doubling its expected headcount at its customer contact centre during its first two years. The retailer, which is partly owned by Marks & Spencer, made headlines when it signed a 15-year lease on a new contact centre […]
One of the North East’s most high-profile development schemes has secured an international law firm as its first occupier, seven months ahead of practical completion. DAC Beachcroft (DACB) has exchanged contracts to become the very first tenant of Bank House in Newcastle, the first of three new office buildings that will make up Pilgrim Place. The […]
Rachel Burdis, Inward Investment Manager explores the evolution of the office-based financial, professional and business services sector (FPBS), including BPO, shared services and contact centres. North East England is well known for attracting global brands across FPBS. The region’s highly skilled workforce, low cost base, and quality office space, all make the region an attractive […]
Whitecap Consulting, the regional strategy consultancy, is collaborating with key regional stakeholders across the public, private and higher education sectors on an expansion plan for growth and jobs in the North East FinTech sector. The project follows an independent national strategic review which identified the Newcastle and Durham area as one of the top ten […]