A year ago Dave Clayton was one of the statistics. A young person with no job, no prospects & nowhere to turn. Now he runs his own business
House prices in the North have seen the steepest fall - with research suggesting the summer of sport maybe partly to blame.
A new report has revealed an alarming rise in the number of companies across the North East going to the wall.
The recession has partly been brought on by a 3% fall in the construction sector, which has fallen further from -0.2% in the last quarter of 2011.
A museum set up in County Durham seven years ago may struggle to survive unless it can attract more visitors. The vintage Vehicles Museum in Shildon was born out of the enthusiasm of one man.
Plans to redevelop an area of Middlesbrough have been criticised. Some local businesses say proposals to build a new shopping area at Cannon Park would force them to relocate - and that will mean they'll lose money.
But the council say it will be good for the town and make Middlesbrough a more attractive place to shop.
Business owners in Cannon Park are angry at council plans to redevelop the area and turn it into a shopping complex. They could be forced to move their premises to another part of town. A council meeting will take place today and proposals are expected to be put out to public consultation.