Business Improvement District Company, NE1 Ltd has been assessing the economic impact of Newcastle United’s relegation.
They say it's not 'all doom and gloom' for Newcastle.
They point out that:
- When Newcastle United was last in the Championship league, attendance at home games was on average 5,000 less per game.
- However - there are more matches played in the lower league so over the course of the season an additional 100k visitors can be expected in the city.
“As a lifelong Newcastle fan, its hugely disappointing, but with my business head on I have to recognise that Football isn't the only string to our bow. The Club is a hugely important part of the city, but it's worth reminding ourselves that Newcastle is the number one retail destination in North East England.
It is also the number one culinary, cultural and hotel destination in the North East of England.
We can also boast the largest concentration of finance and professional services in the region.
Newcastle has a compelling programme of annual events, with highlights across the summer months including Magic Weekend, Newcastle Pride, NE1 Newcastle Motorshow, Monument Movies and NE1 Newcastle Restaurant Week giving hundreds of thousands of people reason to visit.
We are a premier league city and I have no doubt that we will, once again have a premier league football team in the not too distant future.
CCTV images have been released after an appeal following a theft from Eldon Square shopping centre.
On Tuesday, March 29, around £450 worth of clothing was stolen from the Hollister store inside the centre.
Officers have released this CCTV image of a man they want to speak to in connection with the incident.
He was in the shop at the time of the theft and may be able to help with enquiries.
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35% of North East gamblers - the highest percentage of any region in England -don't want their colleagues to know about their habit.Read the full story ›
The Business Secretary is to visit the giant Port Talbot steelworks today as he returned from a meeting with the plant's owners at Tata Steel to press them for time to find a buyer.
Sajid Javid confirmed he was on his way to South Wales, where he is expected to meet managers and workers' representatives for the second time in a week.
Mr Javid, who has been criticized for failing to recognise the crisis engulfing the UK steel industry, also visited the plant last Friday.
He had cut short a business trip to Australia when Tata announced it was looking to sell.
Mr Javid said Tata's sale process will start by Monday, although there was no set time frame for it to be completed.
Tata Steel workers will travel to London to try and save their industry after last week's announcement its UK branch would be sold.Read the full story ›
ITV Tyne Tees Industry Correspondent Rachel Bullock considers what today's talks mean for Teesside as steel crisis enters a new week.Read the full story ›
Trade group UK Steel said it set out six months ago what needed to be done in the short term - but it has not happened.Read the full story ›
Tata steel has had no contact with senior government ministers since they announced they were selling its UK assets, ITV News has learned.
Correspondent Romilly Weeks told News At Ten: "Incredibly sources within Tata are telling us that they have had no contact, at this crucial juncture for the British steel industry, with any senior government ministers today."
The British side of Tata Steel is currently losing £1 million a day and could close altogether if a buyer - or several buyers - are not found soon.
The Prime Minister said there was no guarantee a buyer would be found for Tata Steel's UK plants, which include North East sites.Read the full story ›