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Economy
05:28, 27 NOV 2023
Bank of England governor warns of tough times ahead in battle to lower inflation
Economy
Andrew Bailey, governor of the Bank of England, said he had been impressed on a visit to the North East
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North East investment zone will aim to help create 4,000 new jobs
Economy
Tax breaks and other support will aim to help companies set up in an 'arc of innovation' in Northumberland, Tyne and Wear and County Durham
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Nissan announces £3bn total investment into new electric vehicles at Sunderland as part of North East investment zone
Nissan
A North East investment zone will aim to create thousands of new jobs in advanced manufacturing and green industries
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Nissan to announce two electric models for Sunderland plant, reports say
Nissan
The move expected in an announcement on Friday would safeguard thousands of jobs in the North East
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North East political and business leaders give lukewarm reaction to Chancellor's Autumn Statement
Politics
Moves to cut National Insurance and incentivise business investment were announced by Jeremy Hunt
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The key changes announced in Autumn Statement by Jeremy Hunt - and what they mean for you
Your Money
The Chancellor unveiled a raft of new measures involving Universal Credit, State Pension, National Insurance, alcohol and tobacco duty, and business rates - here's a summary
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Give gigafactories special status to avoid repeat of Britishvolt failure, MPs say
North East News
MPs are warning about the future of the UK car industry after the failure of the Britishvolt project earlier this year
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Target to create 100,000 North East jobs missed due to global shocks
Economy
The North East LEP set out plans in 2014 to create 100,000 more jobs by 2024, with 70% of those being classed as 'better' jobs
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Walker Quay renovation cost rises to nearly £16m and won't be completed until 2027
Newcastle upon Tyne
The budget for the project has been boosted to combat inflation as the council seeks a construction partner for the job.
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Government risks making North East poverty worse, charities warn
North East News
Charity, religious, education and business leaders have come together to write to Chancellor Jeremy Hunt ahead of the Government’s Autumn Statement
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Scheme to offer council tax support to vulnerable people in County Durham extended
Durham County Council
The use of the Local Council Tax Reduction Scheme has won cross-party approval
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Nissan to go all-electric in Europe by 2030 despite Sunak delay
Nissan
The Prime Minister has moved to delay the switch to electric vehicles but Nissan is pressing ahead with its plans anyway
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Every Wilko store closing in UK this week - full list
Wilko
Many stores have already closed across the UK and a further 86 sites are to shut this week including those in the North East
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Wilko collapse live updates: Wilko products to be available in The Range stores
Wilko
The high street chain collapsed into administration in August - here are the latest updates as attempts are made to save jobs and the Wilko brand
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Wilko brand and website to be bought by The Range in new deal with products to be sold in store
Wilko
The Range bosses say they will ensure the Wilko brand will continue to deliver for customers both in-store and on-line
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North East unemployment rises sharply for second month in a row
Economy
After recording a record low for people being out of work earlier this year, two sharp rises have reversed some of those gains
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Plans for Durham Innovation District outlined with hopes of attracting hi-tech jobs
Economy
Durham County Council is working with Durham University on the plans for the Aykley Heads site
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B&M seals £13m deal to buy up to 51 Wilko stores from administrators after collapse of discount chain
Wilko
B&M European Value Retail has said it has agreed to acquire up to 51 Wilko sites in a deal worth up to £13m
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Unemployment rises sharply in North East, latest figures show
Employment
The region had previously hit a record low for unemployment and now matches the UK average
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Proposed Britishvolt buyer fails to complete deal, documents show
Britishvolt
It's hoped that the project could create thousands of jobs and boost the UK's net zero plans
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New centre set to open in Wallsend to help disadvantaged people find jobs
Employment
The 'Working Well' centre is scheduled to open this September.
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Wilko on verge of collapse, putting thousands of jobs at risk
Employment
The retail chain has filed a motion that it intends to go into administration
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North Tyneside Council awarded nearly £700,000 to boost local business
Economy
The boost aims to help start-ups, existing businesses, and help improve the quality of jobs in North Tyneside.
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North East marks £5.4bn tourism milestone amid bold ambitions for future visitor economy
Economy
The tourism sector now supports 58,000 regional jobs as the fourth largest sector, latest figure show
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