Partner Article
Tyneside contracts leave the region
The business community in South Tyneside has reacted angrily to the news that a £1m contract will be handed to a firm outside of the region.
The move by South Tyneside Homes (STH) has reportedly angered business leaders, who say the new deal handed to a Warwickshire firm will have a big impact on employment in the area.
Geoff Ford, Chairman of South Tyneside-based Ford Aerospace and Ford Component Manufacturing, said the work lost to local contractors is worth more than £1m.
STH oversees the multi-million pound Decent Homes programme, which sees local firms supplying materials for a massive housing improvement scheme.
A council spokesman confirmed over the weekend that Wolseley UK, based in Leamington Spa, Warwickshire, has been given the work.
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Creating a thriving North East construction sector
Why investors are still backing the North East
Time to stop risking Britain’s family businesses
A year of growth, collaboration and impact
2000 reasons for North East business positivity
How to make your growth strategy deliver in 2026
Powering a new wave of regional screen indies
A new year and a new outlook for property scene
Zero per cent - but maximum brand exposure
We don’t talk about money stress enough
A year of resilience, growth and collaboration
Apprenticeships: Lower standards risk safety