Cautious welcome for "business Budget"
Business leaders have given George Osborne's Budget a cautious thumbs up, but it's still unclear how far the North East will benefit
Apprentices to get careers on track
Nexus, the company which runs The Tyne and Wear Metro, today revealed it will recruit 30 new apprentices over the next 3 years.
Revamped cars revealed at Geneva Motor Show
Production of new Nissan model to begin this month
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Potash report "used flawed data"
A proposed potash mine in the North York Moors would cost the tourist industry almost 40 million pounds in lost revenue, according to a report by the National Park authority.
The mine would be almost entirely hidden from view once it's up and running. But there are concerns over the four years it would take to prepare the site, which is near Whitby. But the mining company believes the report was compiled using flawed data. Here's Chris Frazer from York Potash.
Tata Steel decreases business value
Tata Steel, which employs around 1500 people on Teesside and County Durham, has written down the value of its European business by a billion pounds.
The Indian-based firm has blamed the devaluation on weak markets and a falling demand for steel across Europe.
Tata employs workers in Darlington, Skinningrove, Hartlepool and Redcar.
The firm is expected to comment further on the move when it reveals its annual financial results later this month.
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Retail therapy
The famous designer Wayne Hemingway is visiting Middlesbrough to meet local business owners and retailers' on the town's Baker Street.
It's part of The High Street Innovation Fund, a Government scheme in response to retail guru Mary Portas' Review of run-down high streets.
Millions promised to create jobs
700 jobs are being created in the region as the Business Secretary Vince Cable has announces more than £5 million to revive the manufacturing industry.
Another £3.5 million will go towards creating 200 new apprenticeships, across Teesside and County Durham.
Frances Read reports.
North East Local Enterprise Partnership meet with Vince Cable
Business Secretary Vince Cable met with members of the North East Local Enterprise Partnership Board as part of his visit to Teesside on Monday.
On the table for discussion was an update on the region's Finance for Business scheme, which providis equity and loan finance to new and growing businesses.
North East LEP Chair, Paul Woolston, says he is delighted to see the partnership's strategic leadership in action.
“Opportunities like this to accentuate the positives about our future plans are extremely valuable. We need to continue to build on the ownership that the North East LEP is demonstrating.
“Meeting the Secretary of State in a part of the region with a huge future ahead of it is testament to the broad based and well-balanced economy of the North East.”
Redcar MP welcomes new Teesside apprentice scheme
The Redcar MP Ian Swales has welcomed the introduction of a new apprentice and 'fast track' graduate scheme at the Sembcorp site on Teesside.
Vince Cable, the Secretary of State for Business, Innovation and Skills, is visiting the Wilton International plant today to launch the new scheme.
– Ian Swales, MP"I look forward to seeing this contract get up and running.
"There has been a lot of hard work from the team at Sembcorp to get to this point and it is an exciting project.
"Apprenticeships are vital for this area, and I am delighted that the Government has backed a further 300 in the Tees Valley for a range of people to access.
"By up-skilling our workforce, we provide young people with the ability to compete in the workplace and increase the amount of people who want to remain living and working on Teesside."
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Business Secretary launches new apprenticeships
The Rt Hon Vince Cable is visiting the Wilton International site on Teesside on Monday.
The Secretary of State for Business, Innovation and Skills is launching a new "fast track" apprenticeship and graduate training scheme aimed at 16-24-year-olds.
The Sembcorp Skills Development Programme will create 200 new jobs for apprentices and graduates in the process industries and their supply chain businesses.
Government talks on flood protection for York
Government officials are meeting in York to discuss ways of securing affordable insurance against flooding for residents. Premiums could rise next month unless ministers strike a deal with insurance firms.
Gateshead's new town centre square almost ready to open
by Lucy TaylorThe Trinity Square development in Gateshead's town centre is almost complete. The area used to be run down and was famous only for its derelict car park - which featured in the film Get Carter, in 1971.
Now, the car park and most of the shops around it have been demolished and replaced by a new cinema, supermarket and flats for 1,000 students.
Watch the full report below.
