Newspaper article Evening Chronicle (Newcastle, England)

Espresso Export Success Story; 5 Things We Learned Yesterday

Newspaper article Evening Chronicle (Newcastle, England)

Espresso Export Success Story; 5 Things We Learned Yesterday

Article excerpt

1 A coffee device business which has exported to 36 countries in less than a year of trading has triumphed at a competition for some of the best young entrepreneurs in the North East.

Peter Southern founded Clockwork Espresso in April last year and sells the Push coffee tamper - a device used to compress ground coffee in espresso-making, which is billed as the most precise such instrument in the world.

The business was one of those selected to be part of the first Entrepreneurial Spark programme in Newcastle, where NatWest Bank has given up part of its offices to help new businesses, along with help from accountants KPMG, computing firm Dell EMC and lawyers Pinsent Masons.

Mr Southern has been named the scheme's Entrepreneur of the Moment and awarded PS7,000 after being highlighted for developing a product with the potential for international recognition.

2 Rail manufacturer Hitachi is hoping the HS2 high speed rail line will bring a jobs boost to the North East after it announced it would bid to build trains for the line in County Durham.

The search for a company to design, build and maintain high speed trains for HS2 was officially launched yesterday, with up to 60 trains needed to transport passengers at around 225 mph in a contract worth PS2.75bn.

Transport Secretary Chris Grayling said the search for a train manufacturer was "a major step" towards Britain getting a new railway and Hitachi's sales director Nick Hughes confirmed the company would be bidding for the contract due to be awarded in 2019.

Mr Hughes said: "Our HS2 trains would be built in Britain, for Britain, and combine world-leading Japanese Shinkansen technology with British manufacturing know-how. "By building at Hitachi's facility in the North East, our high speed trains would bring together values of pioneering engineering, industry-leading reliability and innovative design. …

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