Newspaper article The Journal (Newcastle, England)

May: Ferry Services Fall Victim to the Slowdown; Annual Review

Newspaper article The Journal (Newcastle, England)

May: Ferry Services Fall Victim to the Slowdown; Annual Review

Article excerpt

A pounds 300m film studio and education complex, on land near where Billy Elliot danced, moved a step closer to fruition.

Councillors in Easington approved the ambitious proposal by Coolmore Estates, a Hartlepool-registered consortium of private investors and developers, which promised up to 2,400 jobs if it also wins the approval of Government Office North East.

The plan for a Centre for Creative Excellence included a film studio, a four-star hotel with 150 beds and smaller business hotel, and a campus for 1,500 to 2,000 students linked to the University of Sunderland and East Durham and Houghall Community College, Peterlee.

It would be contained on a 72-hectare greenfield site at Dawdon, south of Seaham.

THE billionaire owner of Newcastle United, Mike Ashley, was reported to be planning a skyscraper on land next to St James's Park - and had already hired an architect to work on ideas.

Mr Ashley, owner of the club since June 2007, was said to be looking at various options for parcels of land around the St James's Park stadium.

Previous chairman Freddie Shepherd put forward pounds 300m plans for a 8,000- seat ground extension, a hotel and apartments in April 2007, but they were shelved when Mr Ashley took over the club two months later.

A meeting had already been held between club chairman Chris Mort, vice-president Tony Jimenez, Andy Roberts of space Architecture and Management, and a representative of Newcastle City Council.

AN influx of Norwegian companies to the North East on the back of the global oil and gas boom was predicted to create up to 500 new highly-skilled jobs in the region over the next three years.

Norwegian logistics experts J Martens UK had just opened a base in Cramlington, Northumberland, and an announcement on a further two companies coming to the region was expected imminently.

With full employment in Norway and Aberdeen, the global oil and gas boom has led to Norwegian energy companies increasingly turning their sights to the North East. …

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