Petards Reports Strong Revenue Growth Amid Contract Surge
Gateshead-based security technology company Petards announces a 24% increase in turnover to £14.9m for 2025, driven by rising contracts in rail and defence sectors.
Category : Search result: Gateshead
Omega Plastics Sold to Former Senior Team Members
Gateshead-based Omega Plastics, a former North East Company of the Year, has been sold to former senior executives Chris Thompson and Mark Thornton as founder Dave Crone retires after nearly three decades.
Officer Jailed for Fatal Crash During Emergency Response
PC Mark Roberts sentenced to 27 months for causing death by dangerous driving while responding to a 999 call about a choking baby in Gateshead.
Aspire Tech Moves into Scotland with New Acquisition
Tyneside tech firm Aspire Technology Solutions has acquired Scottish managed service provider NVT Group, marking its third acquisition in two years and boosting its UK expansion strategy.
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Metrocentre 'City Within a City' Plan: 4,500 Homes, 5,000 Jobs
A landmark agreement between Metrocentre and Gateshead Council will transform brownfield land into Metro Riverside, a carbon-neutral urban district with over 4,500 homes and potential for 5,000 jobs, boosting the regional economy significantly.
Lidl Donates £22,000 to North East Charities
Lidl GB has donated £22,000 to 44 local charities in the North East, empowering store colleagues to choose causes like The Young Women's Project, supporting vulnerable young women and families.
iPac Secures £4.75M Investment for Eco Packaging
Gateshead-based food packaging firm iPac has secured a £4.75 million investment from Maven Capital Partners to expand its environmentally-friendly product range and manufacturing capabilities.
Sister's Campaign After Brother Dies from Helium Balloon
Kaitlin Donaghey warns of helium balloon dangers after her five-year-old brother Karlton died from inhaling the gas at their family home in Gateshead.
Rapist Jailed After Police Interrupt Attack Following 999 Call
Paul Batey sentenced to five years after officers caught him in the act of rape when his victim managed to call emergency services during the assault.
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Sunshine Fund Pizza Social for Parents with Lottery Grant
The Sunshine Fund hosted a pizza-making social event for parents and carers of children with disabilities, funded by The National Lottery Community Fund. The event aimed to reduce isolation and build community connections.
Vertu Motors Launches £10m Cost-Cutting Programme
North East motor retailer Vertu Motors reveals job losses and £10m efficiency drive to counter headwinds from UK Government's EV mandate, while reporting strong trading performance.
Gateshead Watchmaker Secures Loan for World-Class Workshop
Richard Rigg of Rigga Repairs Ltd plans to build a top-tier watchmaking facility in the North East after receiving a five-figure loan from the Start Up Loans programme and Business Enterprise Fund.
Shoplifter jailed over bungled Cadbury Creme Egg heist
Callum Little, 27, has been sentenced to 36 weeks in prison after a five-week shoplifting spree across Gateshead, including a failed attempt to steal a stand of Cadbury Creme Eggs.
London Firm Buys Team Valley Retail World in Major £100m+ Deal
Retail World at Team Valley in Gateshead, a premier shopping destination with over 30 brands, has been purchased by Ashtrom Properties UK for a reported £100m-plus, marking one of the region's most significant real estate transactions of the past year.
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Felling Boxing Club Wins Big in Sweden
A grassroots boxing club from Felling, Gateshead, has stunned the European boxing scene by winning four gold medals at the prestigious Golden Girls Tournament in Sweden.
Petards Sees 24% Revenue Growth Amid Defence and Rail Boost
Gateshead tech firm Petards expects a 24% revenue increase to £14.9m for 2025, driven by a £9.2m order book and strong performance in defence and rail divisions.
Free Appliances, Carpets & Boilers for Pensioners
State pensioners struggling with living costs can apply for free kitchen appliances, carpets or boiler replacements through the DWP's Household Support Fund, administered by local councils like Gateshead.
Gateshead Energy Firm Becomes Employee Owned
Thrift Energy Group transitions to employee ownership, eyeing growth from Government's £15bn Warm Homes Plan while tackling fuel poverty in North East.
Household Support Fund Ends in March, Replaced by New Scheme
The Department for Work and Pensions will terminate all Household Support Fund payments from March 31, with Gateshead Council warning of the change to a new Crisis Resilience Fund.
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Advantex management buyout backed by NPIF investment
A seven-figure investment from the Northern Powerhouse Investment Fund II has enabled a management buyout at Gateshead IT firm Advantex, securing 70 jobs and driving recruitment. Read more about this regional growth story.
Record year for NEL Fund Managers with 34 investments
Gateshead's NEL Fund Managers celebrates a record 2025, backing 34 regional SMEs from EV charging to IT. Discover how NPIF II funding is driving growth and jobs across the North East.
Aspire Tech secures investment, valued at £200m
North East IT firm Aspire Technology Solutions secures fresh investment, valuing the business at around £200m. Funding from LDC and Federated Hermes to fuel expansion and a £100m revenue target by 2030.
Metrocentre unveils new shopping and leisure zone
Metrocentre Partnership reveals plans for The Crescent, a new independent retail destination following a £70m refinance deal. Transformation begins early 2026.
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