North East-based Greggs has credited its decision to focus on the needs of ‘food-on-the-go’ customer for their strong sales over Christmas.
The bakery giants like-for-like own shop sales increased by 8.2% in December compared to 3.1% last year.
For the financial year the company's total sales grew by 5.5%, with like-for-like sales, which exclude any effects of expansion, acquisition or any other event that artificially enlarge a company's sales, up 4.5%.
Their full year results, due out on the 4th March, are expected to be higher than previously estimated.
Since our last update on 15 December we have experienced a very strong level of trade through the Christmas and New Year period. Customers have clearly responded to the improvements in our product offer and service, designed to meet the needs of the food-on-the-go consumer, during this busy period.
This has been a year in which we have made good progress with our strategic plans and seen a welcome improvement in financial performance. We remain clear on our priorities and are confident that we can make further progress in the year ahead.”
Greggs have 1,650 shops trading across the UK as of 3rd January 2015 and their estate improvement programme has led to 213 shop refurbishments.
The economy and living standards came under the spotlight in January's edition of Around The House.
MPs debated the Labour leader Ed Miliband's promise this week to 'rebuild our middle class'.
They also considered the effect of the Chancellor's warning that billions of pounds of extra spending cuts will be needed after the next general election.
Watch the full debate between the Labour MP for Durham North, Kevan Jones, the Liberal Democrat member for Westmorland and Lonsdale, Tim Farron and the Conservative MP for Skipton and Ripon, Julian Smith:
430 jobs are to go at npower's Rainton site in Sunderland, while 520 staff will be transferred from NPower's payroll to another company.
The Thornaby call centre will close entirely, with its 500 staff offered employment instead in Sunderland.
Nestle has launched a project to employ 1,900 young people over the next three years, mainly at their sites in Newcastle and York.
Gregg Easteal has the details.
Offshore engineering firm OGN Group have confirmed a multi-million pound contract that will bring 600 jobs to Hadrian Yard in Wallsend.
Dan Ashby has the story.
OGN Group, the North East-based offshore engineering company, will create 600 jobs on Tyneside after winning a new multi-million pound contract with oil and gas firm EnQuest.
OGN will help rebuild one of EnQuest's 249m vessels. Once the work is completed, the vessel will then go to work in the North Sea's oil fields.
David Edwards, chief executive at OGN Group, said: “This project will have a significant impact on the North East economy, particularly in terms of creating employment and providing opportunities for the region’s high quality supply chain."
OGN Group, the North East-based offshore engineering company, will create 600 jobs on Tyneside after winning a new contract with oil and gas firm EnQuest. More to follow.
A buyer is being sought for Whitworth Hall Hotel in Spennymoor near Durham.
The popular wedding venue is operated by Whitworth Hall Country Park Limited, which was placed in administration on 18 October.
Administrator Andrew Haslam said: “Following the sudden passing of the managing director a few months ago, the remaining directors have continued to operate the business to the best of their ability, however due to the general economic climate, they have been unable to turn the business around.
"We are confident of finding a buyer quickly [and] have already received significant interest in the business as a going concern.
“In the meantime, we look forward to welcoming the wedding parties for the celebrations booked over the next two weekends and would like to reassure them and other customers that it is very much business as usual.”
Whitworth Hall Hotel near Spennymoor has gone into administration
The 29 bedroom hotel is a popular wedding venue and also has a deer park attached.
Administrators have been appointed.
Contact us with your stories...
Do you have a wedding coming up at Whitworth Hall? Are worried about your booking?
You can get in touch with us at PamandIan@itv.com or on our facebook page.
A learning factory has been set up by a charity aiming to tackle youth unemployment.
The Employability Trust, in Peterlee, offers work placements to 16-24 year olds, where they can gain manufacturing experience and the skills they need to find a job.
Some candidates have gone on to to employed by the Trust and many others have found work.
It has been set up by businessman Bill Marley, who says his aim is to inspire young people in East Durham.
The Trust supports young people who are not in education, employment or training by offering them practical experience and vocational work.
It is run from a warehouse in Peterlee and the charity bids for work from multi-national companies to cover its costs.