AHEAD of the Budget tomorrow (Wednesday) businesses across the North East have voiced what they want the Chancellor to announce, including a balance between tax rises and for a fairer furlough scheme to continue. John Elliott, chairman of County Durham-based Ebac Limited, said: “The Chancellor needs to think radically, but simply. Make tax easier to collect and much more difficult to avoid; replace corporation tax with a turnover tax and replace income tax with sales tax. This could add billions to the Chancellor’s coffers, particularly from those giant entities that avoid paying their UK taxes. “Rather than making growth the Holy Grail, focus on supply rather than increasing demand to balance the books. It should be more profitable to invest in real businesses than buying shares on the stock market and we should encourage internal investment rather than inward investment. We will never have a strong economy without a solid, British-owned manufacturing base.”
Education Partnership North East is working with thousands of businesses. A PARTNERSHIP of further education sites across the North-East is helping thousands of employers invest in the future by transforming their workforces through apprenticeships. With constant changes across all industries, it is important businesses continue to develop their staff, whether they are seeking new talent or upskilling existing employees. Apprenticeships bring together practical and technical learning with invaluable workplace experience with apprentices studying and working towards a nationally recognised qualification. They are a cost-effective way of attracting and developing new talent, giving employers the opportunity to tailor their training to meet current and future needs.
Demolition work starts on former shopping centre as part of multi-million County Durham redevelopment
The former Kwik Save supermarket at Festival Walk in Spennymoor will be transformed into a new car park and a larger Aldi supermarket
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Newcastle s Tyne Theatre welcomes West End performers for a virtual show this February
Musical theatre stars - including a local talent - will be helping to support the struggling Tyne Theatre and Opera House through a live-streamed performance
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WORK has begun on a £1.4m project which will provide contemporary work space for technology and science-focussed businesses. Orbit, run by Durham University, will be based within one of the university’s research institutes at the North East Technology Park (NETPark), a science park in Sedgefield. Orbit will give members access to office, hot-desking, networking, and collaboration space while receiving targeted business guidance, support, and regular sessions delivered by the University’s researchers on a range of subjects. Jenny Taylor, head of economic development at Durham University, said: “We are so pleased that work has begun on fully repurposing and refurbishing part of our research institute at NETPark.