Newspaper article The Journal (Newcastle, England)

BUSINESS Leaders Were Officially Appointed to the North East [...]

Newspaper article The Journal (Newcastle, England)

BUSINESS Leaders Were Officially Appointed to the North East [...]

Article excerpt

BUSINESS leaders were officially appointed to the North East Local Enterprise Partnership, which is designed to take on the region-supporting mantle of One North East.

Paul Woolston of PwC was made chairman, while panel members also included Fiona Cruickshank of SCM Pharma, Dr Arnab Basu of Kromek and Wessington Cryogenics director Gill Southern.

The LEP is made up of employers, council leaders and education chiefs. A separate Teesside LEP was green-lit late last year.

July was the month that finally marked the closure of care home operator Southern Cross after a turbulent 2011. The Darlington firm had been plagued by money troubles, and its time ran out after it continued to struggle to pay rent to landlords.

Many homes were transferred to new operators in the following months.

Northern Rock Asset Management announced underlying profits were up to pounds 344m in the first half of the year, and that it was taking on 100 extra staff to deal with demand. …

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