Three to contest Tees Valley mayoralty

With nominations closed, six people are in the running to be made the inaugural mayor of a Combined Authority covering seven council areas.

The built environment has hit a turning point and the sharks of private debt are circling. Here’s why financiers think now is the time to up their real estate game. Plus: a supermarket’s decision in Blackburn has wide-ranging repercussions.

The arrangement agreed with government will hand the incoming North East Mayor and cabinet more control over transport, housing and skills, and make available more than £100m of new funding.

The farming land extends to more than 2,500 acres eight miles from Newcastle, close to Ponteland.

A trailblazer devolution deal for the North East, a £450m investment in a Liverpool vaccine manufacturing hub, and regeneration funding for Runcorn, Rawtenstall, Newton-le-Willows, and Rhyl featured among chancellor Jeremy Hunt’s announcements.

Sunderland City Council and the incoming North East Mayoral Combined Authority will commit up to £120m using the tools provided by the deal announced in today’s Budget, providing a boost to the £450m film studios plan.

The construction and regeneration group, busy on projects across the region, recorded income exceeding £4bn in 2023, while pre-tax profit rose almost 70% year-on-year.

As the industry continues to grapple with high interest rates, material cost inflation, planning delays, and political uncertainty, Alliance Investments and Place North gathered together a panel of leading players to share their perspectives on the year ahead.

Why does it seem so difficult to build infrastructure in the North? Plus: a noisy legal affair and planning tweaks.