Making Tax Digital is the government’s flagship scheme that requires online tax filing and payment, as well as digital record keeping. All business taxes will be part of the scheme – Making Tax Digital for VAT started on 1…

  Tyneside-based firm WHP Engineering has secured investment from FW Capital in the latest round of finance for the company. FW Capital has made two short-term loans totalling £2.5m from its Tees Valley Catalyst Fund to support three significant contracts…

  On 22 October 2018, WorleyParsons Limited entered into a binding agreement to acquire Jacobs Engineering Group Inc.’s Energy, Chemicals and Resources division. WorleyParsons has announced it has paid the consideration to complete the US$3.2 billion acquisition of Jacobs ECR…

Industrial and Marine Hydraulics (IMH) continues to demonstrate its commitment to developing the next generation of hydraulic engineers with the appointment of two new apprentice trainees at its head office on Teesside. Luke Morris (pipefitter) and Hugo Abrol (mechanical fitter)…

Teesside-based HR2day is gearing up for further growth, with the appointment of an HR administrator to its team. The award-winning, Darlington firm, delivers tailor-made HR solutions for businesses, government bodies and not-for-profit organisations. The ever-expanding team adds HR administrator, Charley…

  The Office for National Statistics published a report in 2018 that projected a quarter of the UK’s population would be 65 and older by 2066. Five million of those would be over the age of 85. As a result,…

A report examining the UK Chemical Supply Chain for Battery Manufacture has found that the UK chemical sector could capture a £4.8bn per annum market share by 2030 meeting the needs of UK-built vehicles alone. Following a deep assessment of…

  North East-based PD Ports has celebrated the success of its second daily rail freight connection to Scotland, with an official locomotive naming ceremony at Teesport. Five years after the launch of the Company’s Intermodal Rail Terminal at Teesport, the…

North East commercial law firm, Square One Law has strengthened its litigation team with the appointment of two senior associates, Mark Egner and Shaun Reardon-John, and assistant solicitor, Kieran Kelly. Gillian Tatt, head of the litigation team said: “Business disputes…

Global chemicals company Venator Materials has bought the European titanium dioxide paper laminates business of counterpart Tronox for €8m, with the manufacturing of the newly acquired product set to transfer to Venator's facility in County Durham. Tronox will supply the…

  Sirius Minerals has set out plans to raise $3.8bn (£2.9bn) to fund the development of its potash mine in Whitby and connected processing plant in Teesside. The stage 2 financing for the project includes underwritten firm placing and placing…