The QT

Friday 17 May 2024
17/05/2024

economy

Don’t tell me the North East tech story, show me!

Whenever I go to leading UK tech events, be it in London or elsewhere around the nation, two questions are often thrown at me: “What are the North East’s tech strengths?” and, unless I’m in Scotland: “What tech companies have you got up there?” While the questions, the latter especially, could be considered ignorant or …

Leamside will create great opportunities

Nothing demonstrates the importance of transport to our region’s economy more than the bus strike which affected the North East at the end of last year. With limited options for alternatives, many people simply could not get to work, school or college. Rachel Anderson understands the need for better transport infrastructure more than most. As …

Whistling while he works

On a mission to stimulate the North East economy, point regional businesses towards potentially transformative pots of cash and persuade SMEs to take the next step, Jonpaul Heron is passionate about enabling financial flexibility. Newly appointed at growth fund managers UMi, the experienced business adviser spends his working week seeking to inject fresh capital into …

‘Trailblazer’ Hunt gets priorities right

Typically there’s not an awful lot of mystery left when it comes to Budget day. However, Jeremy Hunt had a few positive surprises for the North East. Most notably, the Chancellor announced a ‘trailblazer’ devolution deal for the North East, which the official Budget documents say ‘will provide a package of new funding potentially worth …

North East’s green hotspots revealed

If you’re asked to think about examples of the green economy in the North East then several areas might spring to mind. Sunderland — with Nissan’s pivot to full EV production? Certainly.  Blyth — where the Catapult Network is building a thriving hub for renewables? Of course. But a new report from the Confederation of …

Basketball’s economic bounce

Short breaks to the Baltics have become increasingly popular for savvy British holidaymakers seeking a cultural shot in the arm at a competitive price.  Latvia, Lithuania and Estonia are as friendly on the eye as they are on the wallet and, with frequent flights from across the UK, it’s little wonder that the tourist industry …

Traders accuse Hexham of commercial suicide

If you live in, or visit, the picturesque Northumberland market town of Hexham you’ll know exactly what this means — ‘thank goodness it’s nearly over’.  Town centre roadworks — or to use county council speak: The Hexham Public Realm Improvement Scheme — have dragged on for nearly 10 months.  According to some furious traders, if …

Left to their own devices

While the perception is that the world has gone digital, that each of us has our faces buried in a device most of the time, the reality is different, particularly in the North East. International consultancy Deloitte has just published a report highlighting the digital poverty gap and this region is the worst in the …

Let’s level up on policies

If the last 14 years of Conservative government have taught us anything, it’s that the Tories love a slogan. Be it a ‘Northern Powerhouse’, a ‘Midlands Engine’ or an entire nation ‘Levelling Up’, this government has left a trail of big ambitions to be accountable for. And even with a General Election looming ever-closer, new …

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