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Surveys point towards growing positivity in North East economy

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The separate reports from NatWest and KPMG have the North East among the best performing UK regions

The Newcastle skyline

The Newcastle skyline(Image: Newcastle Journal)

Two well-regarded surveys have pointed to a more positive picture in the North East economy.

The latest NatWest Growth Tracker data showed a renewed expansion in output amongst firms in the North East, with the rate of growth among the fastest in the UK.

The tracker – which measures change in the region’s manufacturing and service sectors – rose from 49.5 in December to 54.4 in January, pointing to an increase in business activity for the first time in three months. Nine of the 12 monitored UK regions and nations recorded a rise in output, with the second-fastest expansion seen jointly in the North East and West Midlands, behind London.

Private sector firms in the North East also registered a steeper increase in new business intakes, while business confidence reached its highest level in more than four years. Employment levels were unchanged, NatWest said, but some companies in the region are looking to increase headcount to keep pace with rising demand.

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Malcolm Buchanan, chair of the NatWest North Regional Board, said: “North East-based companies were buoyed by stronger optimism and higher new order inflows to raise activity levels for the first time in three months at the start of 2026. Output rose at the fastest pace since last August, and was behind only London in terms of growth leaders across the 12 monitored UK regions and nations.

“The near and medium-term pipeline is also positive for the North East region, with growth in new business intakes reaching a three-month high, while outstanding business continued to accumulate – signalling pressure on capacity amid growing demand. Looking further ahead, companies were confident that positive trends would continue over the coming 12 months. The overall degree of confidence surged from the end of last year to reach the highest since May 2021.

“Moreover, local firms were among the most optimistic of the monitored UK areas, with only London-based companies recording a stronger degree of optimism.”

Meanwhile, a report for Big Four accountancy group KPMG has suggested that 92% private business owners in the North East are confident about growth in 2026, the highest level of confidence of any Northern region. KPMG’s annual Private Enterprise Barometer puts business confidence in the North East five percentage points above the national average.

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Rising demand for products was identified as the main reason for the increasing positiveity, while some businesses also highlighted plans to expand into new markets and launch new products.

Michael Downes, senior partner for KPMG at its Newcastle office, said: “Leading the Northern regions in confidence reflects not only resilience, but a determination from the businesses in the North East to invest in the future.

“It’s particularly encouraging to see businesses across the region increasingly looking beyond domestic markets, with appetite for international expansion well above the national average. That confidence is being reinforced by continued investment in technology and AI at home, supported by major developments such as the North East’s AI Growth Zone, which is helping to drive innovation, skills development and job creation across the region.

“With technology, diversification and a growing openness to alternative funding all shaping growth strategies, the North East’s private businesses are showing the ambition and forward-thinking needed to compete on the international stage.”

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U.S. Economy: Housing Is Going Nowhere In 2026

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U.S. Economy: Housing Is Going Nowhere In 2026

U.S. Economy: Housing Is Going Nowhere In 2026

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XX-XY Athletics sales triple after viral Super Bowl weekend ad campaign

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XX-XY Athletics sales triple after viral Super Bowl weekend ad campaign

The activist sportswear brand XX-XY Athletics saw a year-old ad explode in viewership over Super Bowl weekend, leading to sales tripling compared to a normal weekend for the brand. 

The “real girls rock” ad, which premiered in February 2025, was the brand’s second full-length commercial, and initially garnered traction when it was shared on social media by “Harry Potter” author and women’s rights activist, J.K. Rowling. 

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XX-XY Athletics Instagram advertisement (XX-XY Athletics on Instagram)

But then, this past weekend, founder Jennifer Sey and the company decided to recirculate the ad, and it went viral again, increasing its total combined views on X to more than 40 million, and was among the highest-trending topics on X for Super Bowl Sunday. 

Sey, a former marketing executive for Levi’s and U.S. champion women’s gymnast, credited Sen. Ted Cruz, R-Texas, for being one of the figures to help re-circulate the ad during its viral resurgence.

“That was a big difference-maker,” Sey told FOX Business of Cruz. “He made a huge difference… and we could see it differently, even in terms of traffic to our website.” 

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The ad itself portrays the brand’s ambassadors, who have stood up for women’s sports, facing vulgar hate comments and witnessing liberal media outlets berate them as “transphobic.” It featured appearances by OuKick host Riley Gaines and former University of Nevada volleyball player Sia Liilii.

TURNING POINT USA DECLARES ‘ALL-AMERICAN HALFTIME SHOW’ A ‘MASSIVE SUCCESS,’ COMMITS TO 2027 RETURN

Sia Liilii

Sia Liilii appears in the XX-XY Athletics “Real Girls Rock” advertisement. (Courtesy of XX-XY Athletics / FOXBusiness)

“It’s the proudest one I’ve ever made in my life,” Sey said. “I’ve made a lot of ads in my life, I was the chief marketing officer at Levi’s for eight years, I’ve made Super Bowl ads… but for sure, this one I’m most proud of. I think the message is just so deeply resonate and I think it really moves people to stand up for this cause.” 

Despite the company’s rapid growth since it launched in 2024, Sey said she doesn’t aspire to ever run one of her ads during the Super Bowl, insisting that the prestige of getting that time slot has waned. 

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“I think that the Super Bowl ads having prestige is sort of a thing of the past,” Sey said. “I don’t think anybody cares anymore, I think people leave the room and get food, I don’t think people tune in for the ads anymore. And from a business perspective, I don’t know how you generate a positive return when it costs $10 million just to secure the medium.”

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Sey criticized the quality of this year’s crop of Super Bowl ads in particular. 

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“They were just relying on jamming as many celebrities into the ad as they could,” Sey said. “That doesn’t really work.” 

Follow Fox News Digital’s sports coverage on X, and subscribe to the Fox News Sports Huddle newsletter.

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LITP: Global Lithium Demand Doesn't Support Fundamentals

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LITP: Global Lithium Demand Doesn't Support Fundamentals

LITP: Global Lithium Demand Doesn't Support Fundamentals

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Why the largest U.S. auto dealer isn’t interested in Chinese cars

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Why the largest U.S. auto dealer isn't interested in Chinese cars

Nio cars are seen displayed at Nio House, at the Chinese electric vehicle (EV) maker’s manufacturing hub in Hefei, Anhui province, China April 2, 2025.

Florence Lo | Reuters

DETROIT — The largest U.S. auto dealer isn’t interested in selling vehicles from China-based brands domestically right now, its CEO said Wednesday.

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But it’s not necessarily because of politics, logistics or potential consumer backlash, according to Lithia Motors CEO Bryan DeBoer. His company already has at least 10 stores selling vehicles from three Chinese companies in the United Kingdom.

DeBoer, who has grown Lithia exponentially in recent years, said the potential cost, return-on-investment and needed infrastructure, largely due to franchise rules in the U.S., are the biggest hindrances right now.

“We’re quite excited that we’ve got that opportunity in the United Kingdom, but there’s a big fundamental difference,” DeBoer told investors Wednesday, citing “dueling of franchises” practices in the U.K. that allow Lithia to offer brands from different companies in the same showroom if they’re deemed competitors.

DeBoer said the dealer can be allowed to put vehicles from a company such as China’s Chery Automobile, which is growing in Europe, into an existing showroom in the UK, and it would cost less than $100,000.

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That’s not the case for the U.S., where franchised dealer laws are strict, vary by state and companies can have more influence in, if not rules against, such decisions.

His comments come as Chinese automotive brands are increasingly exporting and expanding outside of their home market.

Global market share for Chinese brands has jumped nearly 70% in five years, and many experts see a threat to U.S. automakers, including the anticipated entrance of Chinese brands into America. There have been China-produced vehicles on sale in the U.S. from brands such as Buick and Volvo, but none are from Chinese brands such as BYD, Nio or others.

In the U.S., Lithia would need to establish new retail locations and service operations to support sales of Chinese brands, which would mean having to make completely new investments. He noted that roughly 50% to 60% of the company’s profits come from service and parts.

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“I think we would probably not be early adopters when it comes to the United States or possibly even Canada, primarily because we’re usually not in a dual franchise situation,” he said.

China’s most recent announced expansion is to Canada, a relatively small vehicle market that removed 100% tariffs on imported vehicles from China amid a trade dispute with the Trump administration.

But DeBoer said the Oregon-based company isn’t completely shutting the door, as Chinese brands continue to grow globally.

“We do have building relationships with a number of Chinese brands,” he said. “We’ll keep our minds open and look at what the opportunities that present us in the future.”

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DeBoer comments occurred on the company’s call to discuss its fourth-quarter and year-end earnings, which included annual increases of 4% in revenue and 3.1% in gross profit.

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Rates May Be Too Low After A Strong January Jobs Report

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Rates May Be Too Low After A Strong January Jobs Report

This article was written by

Michael Kramer is the founder of Mott Capital, and is a long-only investor who focuses on macro themes and studies trends and options activities to identify and assess entry and exit points for investments in his long-term focused thematic growth strategy. He is a former buy-side trader, analyst, and portfolio manager with 30 years of experience tracking market technicals, fundamentals, and options.Michael Kramer leads the investing group Reading the Markets, where he helps a devoted following of members to better understand what is driving trading and where the market is likely heading, both the short and long-term. Features of the investing group include: daily written commentary and videos analyzing the driving factors behind price action; general macro trend education to help members make well-informed decisions based on market conditions, interest rates, currency movements and how they all interact; chat for questions and community dialogue; and regular Zoom videos sessions to discuss current ideas and answer questions. The level of access RTM subscribers and the expertise of the source are unprecedented given that the subscription price is a fraction of similar technical coaching and mentoring services. Learn more.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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S&P 500, Nasdaq dip with economic data, earnings in focus

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S&P 500, Nasdaq dip with economic data, earnings in focus
The S&P 500 and the Nasdaq closed lower on Tuesday while the Dow edged up to its third record close in a row, as investors digested disappointing retail sales figures and waited for a key labor market report. The S&P 500 communication services sector was the market’s weakest sector, weighed down by Alphabet shares, which fell 1.8% after Google’s parent said it sold bonds worth $20 billion.

The announcement played in to investor ‌worries about the amount of ⁠money technology ⁠companies say they must spend to support the artificial-intelligence boom, with Amazon, Alphabet, Meta and Microsoft collectively set to spend hundreds of billions in 2026 as they race for AI dominance. Meanwhile, U.S. retail sales unexpectedly stalled in December as households scaled back spending on vehicles and other big-ticket items, suggesting a slower growth path for consumer spending and the economy heading into the new year. The flat reading compared with economists’ estimates for 0.4% growth. Trader hopes edged up for a more dovish Federal Reserve with the probability of a one-notch April rate cut up to 36.9% from 32.2% on Monday, according to CME Group’s FedWatch tool. Markets still expect, however, that the central bank will keep rates on hold until June, when President Donald Trump’s Fed chair nominee, Kevin Warsh, would take charge if approved by the U.S. Senate.

Mark Luschini, chief investment strategist ⁠at Janney Montgomery Scott, ‌described the disappointing retail data as “bad news is good news,” particularly for rate-sensitive industry indexes such as utilities and real estate , ​which were leading the ​benchmark’s sector gainers.

But the strategist pointed to caution ahead of the delayed but closely watched nonfarm payrolls report, due on Wednesday.

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“In ⁠anticipation of the jobs report, nobody wants to get too far above their risk budget in ​the event the number does cause some consternation,” said Luschini. Potentially adding some angst was White House economic adviser Kevin Hassett’s ​comment on Monday that U.S. job gains could be lower in the coming months because of slower labor force growth and higher productivity due to AI gains.


The Dow Jones Industrial Average rose 52.27 points, or 0.10%, to 50,188.14, after hitting an intraday record high earlier in the day. The S&P 500 lost 23.01 points, or 0.33%, to 6,941.81 and the Nasdaq Composite lost 136.20 points, or 0.59%, to 23,102.47.
With the S&P 500 narrowly missing a return to its late January record close on Monday, Janney’s Luschini said: “When a security or an index reapproaches a high level again there’s often some hesitation, some contention that has to take place before it can break through that peak again.” Gains ‌of more than 2% in stocks such as Walt Disney and Home Depot helped push up the blue-chip Dow, countering declines in shares including Coca-Cola, which finished down 1.5% after missing Wall Street estimates for fourth-quarter revenue.In other individual stocks, Datadog jumped 13.7% and led S&P 500 ​percentage gainers on the ​day after the cloud-based monitoring and analytics platform ⁠beat quarterly estimates. In the consumer discretionary sector, Marriott closed up 8.5% for its biggest daily gain since April after also hitting a record high. The hotel chain projected a 35% jump in fees from co-branded credit cards, as affluent travelers splurge on luxury vacations. Shares of S&P Global slumped 9.7%, making it the biggest loser in the S&P 500 ​after forecasting 2026 profit below analysts’ estimates. Peers Moody’s and MSCI also fell. Spotify shares soared 14.7% after the audio-streaming platform forecast first-quarter earnings above expectations, benefiting from strong user growth and price hikes.

Advancing issues outnumbered decliners by a 1.47-to-1 ratio on the NYSE where there were 795 new highs and 65 new lows. On the Nasdaq, 2,276 stocks rose and 2,447 fell as declining issues outnumbered advancers by a 1.08-to-1 ratio.

The S&P 500 posted 72 new 52-week highs and 11 new lows while the Nasdaq Composite recorded 105 new highs and 107 new lows.

On U.S. exchanges, 17.89 billion shares changed hands compared with the 20.68 billion-share moving average for the last 20 sessions.

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MJ Gleeson hails ‘robust’ performance despite seeing a drop in profits

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The Yorkshire firm saw revenues rise in the first half of its financial year but was hampered by increasing costs

A Gleeson Homes development

A Gleeson Homes development(Image: Gleeson Homes)

Housebuilder MJ Gleeson has reported a “robust performance in a subdued market” as revenues increased but profits fell.

The Sheffield firm, which specialises in homes at the lower end of the housing market, has released half year results in which turnover increased 9.6% to £173.1m. But over the same period, operating profit fell by 17.6% to £4.2m.

Gleeson sold 848 homes in the period (up from 801 on the same period last year) and its net reservation rate increased significantly. Average selling prices for its homes went up 2.5% to £198,800.

Its Gleeson Partnerships arm, which focused on building affordable homes for housing associations and private rental investors, secured three further agreements and delivered its first homes. But it was a tougher period for its Gleeson Land division, which fell to a loss despite three land sale transactions in the period and five sites being marketed or in a sales process.

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The company said it was “cautiously encouraged by early signs of a recovery in open market demand” with reservation rates in recent weeks up on the end of 2025 though not yet at last year’s levels.

Gleeson said that further changes implemented in January to complete a restructuring of the company would lead to costs of up to £4.5m that would be recognised as exceptional during the second half of the company’s financial year.

Chief executive officer Graham Prothero said: “For the full year, whilst current market expectations remain achievable, a strong Spring selling season remains fundamental to our assumptions in delivering on those expectations and we need to see the recovery gain further momentum. The bulk market has softened further, as investors remain cautious and focused on pricing.

“Margins continue to be pressured as net selling price increases are outpaced by build costs, and we experience increasing regulatory and tax headwinds. We will update our guidance in April 2026 with the benefit of greater trading visibility through to the year end.

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“With the right structure and leadership in both businesses, the Group is in a strong position to deliver on its medium-term strategic objectives.”

Gleeson’s results have been released in a week of big announcements from companies in the housebuilding sector. The UK’s largest housebuilder, Barratt Redrow has posted falling half-year profits as it said the late autumn Budget created “significant uncertainty” on top of a lack of homebuyer confidence and spending power. That comes a day after Newcastle firm Bellway had revealed growth in house completions and an increase in its average price.

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Ferrari Projects Higher Revenue as New Models Drive Growth

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Ferrari Projects Higher Revenue as New Models Drive Growth

Ferrari said it expects revenue and earnings to rise this year, supported by its lineup of higher-margin luxury sports models and demand for customized vehicles.

The Italian luxury sports-car maker expects full-year revenue of around 7.5 billion euros ($8.94 billion) this year, up from the 7.15 billion euros it reported in 2025, with the year set to be dictated by new models and higher income from racing activities and its lifestyle business. However, higher investments and currency could drag on earnings.

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Lactaid debuts coffee creamers

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Lactaid debuts coffee creamers

The lactose-free creamers are offered in three flavors. 

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Form 6K Kinross Gold Corp For: 11 February

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Form 6K Kinross Gold Corp For: 11 February

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