New tenant at Jade Business Park
Jade Business Park welcomes first tenant
Jade Business Park welcomes first tenant

Japanese corporation, Sumitomo Electric Wiring Systems Europe, is gearing up for growth after becoming the first tenant at a new County Durham business park. Sumitomo Electric Wiring Systems Europe (SEWS-E), is expanding and relocating its workforce from its base at Rainton Bridge, Houghton-le-Spring to a new site at Jade Business Park is a 55-acre employment […]

EDF Offshore Demonstrator Wind Farm - Energy Gateway North East England
Study finds the Offshore Wind sector in the North East can support the creation of between 6,000 and nearly 9,000 jobs by 2025.
Study finds the Offshore Wind sector in the North East can support the creation of between 6,000 and nearly 9,000 jobs by 2025.

A research study commissioned by the North East Local Enterprise Partnership (North East LEP) into the opportunities the offshore wind sector presents for economic growth and employment in the North East, has found that there is potential for significant growth in the number of jobs in both the direct and indirect supply chains servicing the […]

County Durham Growth Fund secures an additional £4 million for capital grant scheme
County Durham Growth Fund – an additional £4 million secured for capital grant scheme
County Durham Growth Fund – an additional £4 million secured for capital grant scheme

The County Durham Growth Fund has been awarded an additional £4,000,000 of funding to continue supporting businesses across the county until June 2023. Established in April 2019, the fund was initially a £4.9m capital grant scheme providing grants to small and medium enterprises in County Durham to accelerate their growth. Due to the additional funding, […]

International fintech company, Singletrack lands in Newcastle
International fintech company, Singletrack opens a new office in Newcastle
International fintech company, Singletrack opens a new office in Newcastle

Singletrack a fast-growing financial technology firm with offices in London and New York has opened a new base in Newcastle. Singletrack is a leading capital markets CRM and research distribution platform. Headquartered in London and with a US office in New York, Singletrack’s technology is used by investment banks and brokers around the world. Hoults […]

Quourm Avenue, Quorum Business Park, Business Services, North East England
Verisure opens operating site at Quorum Business Park with a commitment to create 1,000 jobs
Verisure opens operating site at Quorum Business Park with a commitment to create 1,000 jobs

Verisure UK Services Limited has announced that the Quorum Business Park, North Tyneside, is the location of its new UK operating site, with a commitment to create 1,000 jobs. Verisure, has signed an 11-year lease at the 104,000 sq ft The NEON Building, which is currently being adapted to meet its needs. The company, which […]

Snorkel, Washington, Tyne and Wear
Sunderland based, Snorkel UK growing from strength to strength
Sunderland based, Snorkel UK growing from strength to strength

Washington-based Snorkel Europe Limited has almost doubled employee numbers in the last two years and increased sales by 79 per cent since 2015. The exceptional growth owes much to thriving global exports. The Sunderland plant of the worldwide Snorkel business produces the largest proportion of Snorkel aerial work platforms for markets outside of North America.  […]

THE BEAM, Sunderland - Quality City Centre Office Accommodation
Ocado to deliver 300 new Sunderland jobs
Ocado to deliver 300 new Sunderland jobs

Ocado, a world-leading e-commerce business is set to create up to 300 new jobs in Sunderland, after it was unveiled as the first occupier to take space on the former Vaux Brewery site. Ocado, ‘the world’s largest dedicated online grocery retailer’, has signed a 15-year deal to let the top two floors of THE BEAM, a flagship […]

Sage moves to Cobalt Business Park, North Tyneside
Sage announces £40m investment in major new hub in the North East
Sage announces £40m investment in major new hub in the North East

Sage the market leader in cloud business management solutions, today announces that it will invest £40m in the North East of England in the next three years, creating an improved experience for colleagues, customers and partners, and strengthened technology and customer facing capabilities. The new workspace for colleagues in Newcastle will be part of a […]