Morrisons to close three stores in the North EastRead the full story ›
Supermarket chain Tesco have confirmed the locations of the 43 stores it plans on closing to cut costs, three of which are in our region:
- Bedlington, Tesco Superstore
- Whitley Bay, Tesco Express
- York Road Hartlepool, Tesco Express
90 jobs are at risk in Bedlington, 18 in Hartlepool and 15 in Whitley Bay.
But Tesco say these 123 positions are not expected job losses, because they will work with colleagues to try and find them alternative roles elsewhere and where that is not possible redundancy will be offered.
Tesco Chief Executive Dave Lewis said:
In January I announced that our performance as a business has fallen significantly short of where we would want it to be and that to protect the future of the business in the UK we would close 43 unprofitable stores.
The decision to close the stores has been exceptionally difficult to take. I recognise it will affect many hard working colleagues, our customers and local communities.
Our priority is to explain what this announcement means for our colleagues and wherever possible, offer them alternative roles with Tesco. We will continue to serve our customers through other local stores and our dotcom service."
Last year the chain came under fire for overstating their profits by £263m.
The decision is putting 2,000 jobs in danger nationwide.
Hundreds of jobs with some of the region's biggest employers will be on offer today, October 16, at the SHINE recruitment event at St James' Park.
Jobseekers can attend workshops and find out about some of the 1,000 vacancies available from employers, who include Tesco Bank, More Than and BT/Manpower, between 10am-4pm.
More than 400 people have signed up to take part in a 'talent showcase' where there is a chance to walk away with a job offer at the fair itself.
Final plans are being submitted to create Europe's largest potash mine. York Potash hope to build the £2bn mine on the North York Moors National Park. Campaigners argue it could ruin the environment but supporters say it would bring jobs.
Last year, the controversial plans were deferred till now. York Potash asked for more time to submit further details on the application - deferring the decision for a third time.
The number of people unemployed in the North East has risen by 1,000 to 132,000 in the period between May and July.
The region remains top of the unemployment league with almost one in 10 out of work.
Nationally, unemployment fell by 146,000 to 2.2million.
400 new jobs are coming to Teesside with the expansion of a vegetarian food factory.
Quorn Foods Limited says 100 people will be employed during the construction phase at its site in Billingham and a further 300 will be taken on once the expansion is complete.
The £30 million investment comes after a rise in demand for the meat substitute.
As the latest jobs figures are released, we hear the differing experiences of two young people, in looking for workRead the full story ›
Unemployment in the North East fell to 9.3% over the three months to February. The current jobless rate now stands at 124,000, meaning 10,000 fewer people out of work than in the previous quarter.
The North East still has the highest unemployment rate in the UK.
National figures show drop in unemployment and numbers claiming jobseeker's allowance as well as a record 30.3 million people in work.
Unemployment fell by 77,000 in the three months to February to 2.24 million, a jobless rate of just under 7%, the lowest for five years.
The Employment Minister Esther McVey will speak to young people in Newcastle later, as the latest jobs figures are announced. Last month, the figures showed an unemployment rate of 9.5% in the North East, the highest of any region in the UK.