Hargreaves confirms merger talks
Industrial group Hargreaves Services has confirmed that it is in early discussions with UK Coal plc over a potential merger.
The company, based in Esh Winning, County Durham, said, as part of its regular consideration of a range of strategic opportunities, it is in the early stages of “cautiously reviewing” a potential merger with UK Coal.
A company statement said: “Discussions with UK Coal are at a very early stage and there is no certainty that any transaction will result.”
10.Mar.10 | Business
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Bonuses for staff as Rock reduces losses
Northern Rock today said it had reduced its annual losses from £1.3bn to £383m and remains well placed to continue its recovery in 2010. The company, now known as Northern Rock…
10.Mar.10 | Business
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£37m offer for Tanfield subsidiary
Electric vehicles giant Tanfield Group today said its associate company Smith Electric Vehicles US has offered to buy the assets of its electric vehicle division for £37m, sending its shares up…
10.Mar.10 | Business
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Action needed to close gender gap
As a major report exposes a dearth of women in the boardroom, North East businesses have been warned there is still a long way to go before the gender gap…
10.Mar.10 | Business
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Setting sail across the pond
Just three months after launching his own business, a web designer has landed several contracts in the US and is currently working on a Stateside project backed by the likes…
10.Mar.10 | Business
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Top tips on winning Olympic work
Last week we brought you the news that there is still £700m worth of contracts yet to be awarded for involvement in the London 2012 Olympics. Here we give you…
10.Mar.10 | Business
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New investment brings new jobs
A waste management firm has invested £4m in expanding its new plant, creating 25 North East jobs in the process. Sunderland-based Alex Smiles had taken its 90-strong workforce well beyond the…
10.Mar.10 | Business
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Jobs created as Osborne expands
A North East manufacturer is to create up to 45 new jobs to meet growing global customer demand for its specialist components. Northumberland’s Osborne Engineering Limited (OEL), which currently employs around 125…
9.Mar.10 | Business
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Norway draws blank as region misses out
As three Norwegian firms announce plans to expand into the region, a trade body has accused North East businesses of being blind to the hugely lucrative opportunities across the North…
9.Mar.10 | Business
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World first goes live
A bingo business in Newcastle will today become one of the first in the world to broadcast online games with live presenters – after investing £100,000 in a new TV…
9.Mar.10 | Business
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Report reveals export woes
THE growth in North East exports is being shackled by problems with foreign trade credit insurance, according to new research. An estimated £9.2bn worth of UK exports is at risk due…
9.Mar.10 | Business
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Sports day to boost trade
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Northumberland’s own Woodstock?
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From the factory floor to the catwalk
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China Goldmines eyes new markets
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National expansion beckons for Cordell
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26.Feb.10 | Business
