Tag: Jobs
The North East’s towns, trading estates, and home-grown businesses are set for a major boost as Mayor Kim McGuinness launches new investment funds. By opening applications for the North East Fund, the Mayor is backing local entrepreneurs and small firms across the region. This ambitious initiative aims to create 2,300 new jobs and support at […]
An independent report published on Thursday 6 November reveals that Dogger Bank Wind Farm, which will become the world’s largest offshore wind farm once fully operational, will boost the UK economy by £6.1 billion during its lifetime and support thousands of UK jobs over the next three decades. The report, written by economic consultants BVG […]
Thousands of jobs are set to be unlocked as a powerhouse coalition including British AI firm Nscale, local universities and leading skills providers join forces to supercharge planning, new opportunities and the build of the North East’s new AI Growth Zone. With new roles expected including in construction through to energy to cutting-edge AI – the new taskforce will work hand-in-hand […]
A major cargo development at Newcastle International Airport is set to create thousands of jobs and inject up to £165 million into the North East economy each year, bosses have said. The 750,000sq ft site, now officially named AirLink, will serve as a hub for cargo operators, freight forwarders and ground handling agents. Officials say […]
Plans for a “once-in-a-generation” innovation district in County Durham have taken a further step forward. Durham County Council has chosen placemaker Muse as its joint venture partner to deliver the first phase of its “nationally significant” Durham Innovation District. The project will focus on the “rebirth” of Aykley Heads, a 15-hectare site currently home to […]
A £100 million tyre-to-fuel facility is set to bolster the UK’s push for sustainable aviation fuel (SAF) production while creating over 100 jobs in the North East. Wastefront has broken ground on its Port of Sunderland site, the UK’s first large-scale facility dedicated to converting end-of-life tyres into fuel for refining into SAF. Backed by […]
A report backed by Durham County Council and the Compound Semiconductor Applications Catapult frames the advanced materials electronics industry as capable major growth. The North East’s burgeoning high tech electronics manufacturing industry could support more than 7,500 jobs and contribute nearly £900m to the regional economy in the next five years, a new report says. […]
Global automotive automatic transmission manufacturer JATCO Ltd has provided a major boost to the UK automotive industry by officially opening a new factory, creating up to 183 jobs. Situated on the International Advanced Manufacturing Park, Sunderland, the factory will produce electrified powertrains for the nearby Nissan plant. Initially, this will be the 3-in-1, which modularises […]