Activity in the buy-to-let market is already showing signs of plunging as a stamp duty hike for investors takes effect. Property website Rightmove reported that interest in new purchases from buy-to-let investors decreased by 27 per cent in March compared with the same month in 2015. When someone sends an […]
UK inflation lifted to its highest level for 15 months in March as the rising cost of clothes and air fares pushed up the cost of living. The Office for National Statistics (ONS) said Consumer Price Index (CPI) inflation hit 0.5 per cent last month after the price of clothes […]
Business start-up Full Circle North East has provided business support to entrepreneur fishmonger Joel Dodds in his quest to open up a fishmonger shop in County Durham. The company, which was launched earlier this year by cousins Leanne Knight and Kirsty Campbell, has helped J Dodds Fresh Fish & Seafood […]
Millions of workers over the age of 25 have received a pay rise as of Friday, April 1 as the new national living wage has come into force. Unions welcomed the £7.20 hourly rate for adults, increasing by 50p from £6.70. Despite this, they said it was not fair that younger workers […]
Family business makes a significant contribution to the North East with almost one in 20 of all UK family firms based in the region. There are now more than 120,000 family running firms in the North East, making up one in 20 of all family businesses across the UK. Family […]
Self-employment is beginning to rise again in the UK according to recent data provided by the Office for National Statistics. Over the past five years the employment rate in the North East has gone from 65.6% to 69.1%. Lindsay Wood, from Gateshead, is a self-employed worker under the umbrella of […]
The first social media apprentice has joined the North East Chamber of Commerce’s (NECC) training programme. Seventeen-year-old Marcus Thompson from Langley Moor has joined County Durham company, Reprotec. Mr Thompson is working for the company which has two bases in Langley Moor, a head office in the High Street and […]
Local businesses gathered their stock onto stalls on Sunday March 13th at the first Try Sunderland 1st business fair in order to promote their products. Stall owners included Vixs Trinkets, a handmade jewellery store, Just Fuse It, who specialise in handmade items, Super Geek Stuff, a retailer of all things geeky, Grans […]
Residents and businesses in Sunderland’s Seaburn have been viewing plans to put the area back on the seaside tourist map, and create new jobs, leisure facilities and homes. The consultation event at the Seaburn Leisure Centre on March 11 and 12, which showcased the new proposals, was well-attended by more […]
The number of people employed within the North East is at a record high. Between November 2015 to January 2016, 70.6 per cent of people over the age of 16 were employed. And now there are 33,000 more people in work than from the last period, with 23,000 more people […]