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North East showcased to the globe as premier electrification location

North East England will be promoted as the premier location for electrification technologies and international investment at one of the leading international Electric Vehicle (EV)trade shows. This week, Invest North East England (INEE) will lead a delegation to London EV Show to showcase the region’s strengths in electrification and battery technologies. The inaugural London EV […]

Portland House launches following multi-million-pound refurbishment

The former head office of Newcastle Building Society will open this week following a multi-million-pound renovation. Portland House will be unveiled at a launch event on November 3rd amid strong demand for best-in-class office space across Newcastle city centre. The building already has 30% of its space under offer. A 12-month long refurbishment project was […]

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Port of Blyth announce opening of its Bates Clean Energy Terminal

Following a multi-million pound investment programme, the Port of Blyth has announced the opening of its Bates Clean Energy Terminal, offering enhanced facilities and the opportunity for low-carbon focused investment and innovation. The Secretary of State for Transport, Anne-Marie Trevelyan carried out the official duties at an event attended by a wide range of Port […]

FinTech sector in North East to create 2,000+ jobs in 3 years

A new regional growth strategy, developed in response to a national strategic review of FinTech, has identified the opportunity to create more than 2,000 new jobs in the North East by the end of 2025, taking the size of the sector’s employment to more than 7,700 jobs. The new strategy has been developed by Whitecap […]

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Lycetts heading to Bank House after 60 years on Dean Street

A leading independent insurance broker is relocating its UK headquarters to the first phase of Newcastle’s Pilgrim Place, after exchanging contracts on 10,000 sq.ft of new office space.   Lycetts has signed a 15-year lease at Bank House, which will see the firm occupy the entire sixth floor of the 14-storey building when construction completes […]

Building on Existing Expertise – the North East’s future is Offshore Wind

By Guy Currey, Invest North East England (INEE) When I have the opportunity to write about our offshore wind sector, and the region’s wider green industry, my first instinct is to ask, ‘Can I have a larger word count?’ Because there is so much to include and an incredible amount the North East can be […]

First occupier confirmed for Newcastle landmark development

One of the North East’s most high-profile development schemes has secured an international law firm as its first occupier, seven months ahead of practical completion. DAC Beachcroft (DACB) has exchanged contracts to become the very first tenant of Bank House in Newcastle, the first of three new office buildings that will make up Pilgrim Place. […]

Global renewable green hydrogen pioneer Lhyfe launches in UK

Global renewable green hydrogen pioneer Lhyfe has launched its first UK operation with the aim of large-scale decarbonisation. The France-based multinational is building a UK team in North East England to identify opportunities to deploy production facilities to support the country’s net zero ambitions. In 2021, Lhyfe (EURONEXT: LHYFE), inaugurated the world’s first plant supplying a renewable […]

Lab space on Newcastle Helix reaches full capacity

A city centre building tailored to the commercialisation of life sciences has reached full capacity. The Biosphere opened its doors just three years ago, and is now home to more than 20 businesses, forming a vibrant and innovative life science cluster on Newcastle Helix. This fit-for-purpose laboratory and office building is dedicated to life science […]