A North East consultancy which provides insights into the European energy market has been snapped up by a global investor. The Riverside Company has acquired Stockton-based EnAppSys, which serves B2B clients across the energy market. The new owners, a private equity investor focused on the smaller end of the middle market, said EnAppSys will be […]
ENERGY TECH FIRM ACQUIRED BY GLOBAL INVESTOR Read More »
The Poundstretcher discount chain has announced a 10% pay rise for its store workers following a similar rise just over a year ago. The business – which recently came out of a Compulsory Voluntary Arrangement (CVA) – said it would give almost 4,000 employees the pay increase from April 1. It applies to anyone who
POUNDSTRETCHER GIVES WORKERS ANOTHER PAY RISE Read More »
Over 400 apprentices and graduates are to be hired by BT later this year, the telecoms giant has announced. Positions in engineering, customer service, applied research, and cyber-security to support the UK’s fast-growing digital sectors and the company’s plans to build and extend its 5G network around the UK will be filled in September. The
BT TO WELCOME NEW APPRENTICES LATER THIS YEAR Read More »
North East technology firm Kromek has seen losses widen but insisted it was “looking to the future with confidence” after a number of revenue boosts. Interim six month results for the County Durham radiation detection business showed that revenues rose 44% to £6.8m. In a separate announcement, Kromek also revealed that it had received £2.5m
TECH FIRM CONTINUES TO SEE LOSSES DESPITE REVENUE BOOSTS Read More »
Wylie & Bisset, Accountants and Business Advisers, says that the development of ‘patient capital’, together with ‘buy and build’ and ‘hub and spoke’ investment models, are making SMEs more attractive for private equity (PE) firms. Last year saw £895m invested into businesses in Scotland by PE firms, a strong increase on previous years, according to
BUSINESS ADVISERS EMPHASISE PATIENT CAPITAL TO SMES Read More »
