Tyne Tees administration

As HMV announce a further 37 stores are to close many of you have taken to twitter to mourn the loss of local shops:

Last month HMV staff live tweeted as they were made redundant. Read the tweets here.

Administrators for HMV have named 37 more stores that they plan to close as part of plans to secure the music retailer's future.

Three more stores across the North East will close:

Newcastle Silverlink

Middlesbrough

Scarborough

HMV administrators Deloitte have confirmed another 37 stores will close "in the next four to six weeks in parallel with the 66 stores that are already subject to a closure programme."

• Previously HMV boss Trevor Moore was axed amid 60 head quarters redundancies.

Another 37 HMV stores are being closed in a move affecting 464 staff at the collapsed music retailer, administrator Deloitte announced.

Holiways Mechanic Neil Bell said:

""I just had to quickly make some phone calls and just think about what I have to do for my family and try and get on with it as best as I can. It's horrible, I mean, I've come back to this. What more can you say; it's horrible."

Mr Bell's comments came after an announcement that car dealership Holiways has gone into administration and most of the company's 81 staff are set to be made redundant.

The new and used car dealer - which had sites in Newton Aycliffe and Bishop Auckland - had suffered a drop in trade as a result of reduced consumer spending.

The family-run business that became one of the region’s best-known car dealerships, has gone into administration. Holiway's Ford employes over 80 people.

Car dealership Holiways has gone into administration and most of the company's 81 staff are set to be made redundant.

The new and used car dealer - which had sites in Newton Aycliffe and Bishop Auckland - had suffered a drop in trade as a result of reduced consumer spending.

And this is despite the company selling its Durham and Hartlepool dealerships in recent weeks.

KPMG have been appointed administrators .

Administrators at Tindale & Stanton have sold the Newcastle bakery as a going concern to a consortium of four former managers, saving 85 jobs. The new company, Star Cottage Bakery Ltd, bought the company on Friday following two weeks in administration.