Steel producer, SSI, has revealed plans to safeguard jobs in the long term.
The company has unveiled a £38 million coal injection plant, which bosses hope will slash costs and boost output.
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£100,000 of vital maintenance work is being carried out on the Tees Barrage.
Alan Barnes, the Gateshead man given £330,135 by well-wishers after being mugged, plans to sell his home to move to the Shetland Islands.
Higher breakfast sales and a bigger range of healthier products helped it grow underlying profits by 51% in the first half of the year.