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Yorkshire Cancer Research reveals £5m projects

Projects for diagnosing, treating and caring for cancer patients across Yorkshire are to get a major funding boost.

It's been announced that Yorkshire Cancer Research, based in Harrogate, is to invest £5 million in nine projects to address what the charity describes as a North-South divide in cancer outcomes.

We're extremely proud to be funding such vital research in Yorkshire thanks to the generosity of our supporters.

This is a very substantial investment in projects with a huge regional significance which will take us one step closer to reducing the devastating impact of cancer on people who live in Yorkshire."

– Charles Rowett, Chief Executive Yorkshire Cancer Research

As part of the funding the charity will invest £1.5m in a five-year project aimed at improving the survival of bowel cancer patients through better quality surgery, radiology and pathology.

NUFC: profit goal achieved for fourth year

Newcastle United has made profit for the fourth successive year. This cements Newcastle's position, in financial terms, as one of the most successful clubs in the top flight.

The club's debt remained static at £129million in the form of an interest-free loan from owner Mike Ashley - none of the debt has been repaid.

"I am pleased to report a positive set of results which confirms the healthy financial position the club now finds itself in and is a reflection of the prudent and measured manner in which we operate.

"The club benefits from a supportive owner and is financially stable. This gives us a strong platform from which to grow, both on and off the pitch, a result of which means, as we move forward, we are able to net spend on the playing squad and invest in other areas of the business.

"The most pleasing aspect in this set of accounts has been the growth in our commercial revenue and it has been our strongest year yet in that respect."

– Newcastle managing director Lee Charnley

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Newcastle United announce record profits of £18.7m

Newcastle United has announced record profits of £18.7m due to increases in television income and new sponsorship deals.

The club also saw revenues increase by 35% from £95.9m to £129.7m.

More than half the club's income (£78.3million) came from the new Premier League television rights deals.

Newcastle United owner Mike Ashley Credit: PA

"Most significantly, the club reported strong commercial revenue growth delivering £25.6million in 2014, up from £17.1million in 2013. This 49.7 per cent increase was largely the result of two lucrative new deals with the club's principal sponsors, Wonga and Puma."

– Newcastle United

North East Chamber of Commerce respond to budget

“There have been several positive announcements made by the Chancellor. The elimination of national Insurance payments for Under 21s and the abolition of the annual tax return will make life much easier for our smaller business members and contribute to the positive employment figures released this morning. Support for our offshore sector and chemical industries are also very welcome.

“Nevertheless, while there have been promises made around business rate reform, annual investment allowances and northern transport, we are yet to see action. Actions speaking louder than words and these issues need to be addressed as a matter of urgency by whoever is in the Treasury after the election.”

– Ross Smith, Director of Policy, NECC

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Treasury responds to IPPR report

"Rebalancing the economy and creating a northern powerhouse of jobs, investment and prosperity is a key part of our long term economic plan.

"We have made great strides and already created Transport for the North to speak with one voice to government on the big decisions to benefit the entire region.

"It is crucial we work together to deliver a world-class transport network for the North that reduces journey times, increases capacity and connectivity and enables growth and that's why we will be setting out our strategy for transport in the North in the next few weeks."

– HM Treasury spokesperson

What would the 'Transport for North' involve?

A thinktank is calling for the Chancellor to use this month's budget to give £15 billion to the North East.

They want to create a 'Transport for North' network, imitating the existing Transport for London.

But what would the 'Transport for North' involve?

IPPR have set out a 10-year blueprint for what they think Transport for North (TfN) should do:

  • Appoint a Transport Commissioner for the North, who would be accountable to the public and be a figurehead for developing northern transport.
  • Move towards a contactless, cross-boundary ticketing system - using mobile phones and contactless payments for journeys across different modes of transport.
  • Manage rail franchises, rolling stock and stations in an attempt to reduce overcrowded services and platforms.
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