An international attraction

Article Abstract:

The North East of England has traditionally been a major manufacturing base but the decline in the sector has forced the region to look elsewhere for incoming investment. There are currently over 380 foreign-owned companies in the North East and Cumbria, with overseas investment creating 328,151 new jobs in the region. A major presence is Nissan's car plant in Sunderland, which is estimated to have created some 9,000 jobs, as well as attracting several 'satellite' suppliers to the area. An economic overview of North East England is presented.

Economic aspects, Durham, England (County), Tyne and Wear, England, Cleveland, England, Northumberland, England

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Distributors are doing it for themselves

Article Abstract:

There is a growing trend for distribution operators to build their own distribution buildings, motivated by the potential to cut costs and to profit from their investments. Traditionally, distribution companies have bought a complete package from a developer, but many are realising the advantages of property ownership through sale and lease-back deals with backers. The cost of buildings depends on their specification, with warehouses costing about 285 pounds sterling per sq mt for units of 2,000 sq mt or more.

Warehousing and Storage, Warehousing, Finance, Distribution of goods, Distribution (Commerce), Logistics, Business logistics

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Slim pickings: although relocations are likely to increase this year, the bad news for the regions is that few of these moves will be beyond London

Article Abstract:

Relocations are expected to increase during 1996, according to the Jones Lang Wootton annual survey, Decentralisation of Offices from Central London. However just seven out of 21 moves between 1995 and 1997 will be beyond London. The North will have a 10% share of those going outside the South East, but over 60% of planned moves are expected to be within the London metropolitan area, particularly in Hammersmith and Docklands.

Employee Relocation Procedures, Management, Business relocation, Employee relocation

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