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Business

People on the move: key North East appointments and promotions

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Companies making announcements this week include Tilly Bailey & Irvine LLP, hedgehog lab, Sage, Swinburne Maddison, CMP Products and Azets

Newly promoted solicitors from Tilly Bailey & Irvine Law Firm. Pictured are Sophie Wilding, Georgia Wilkinson, Tyler Plunkett, Rhiannon Melrose, Laura Nomaz and Bethany Atkinson.

Newly promoted solicitors from Tilly Bailey & Irvine Law Firm. Pictured are Sophie Wilding, Georgia Wilkinson, Tyler Plunkett, Rhiannon Melrose, Laura Nomaz and Bethany Atkinson.(Image: Chris Booth Photos)

Growing North East law firm Tilly Bailey & Irvine LLP has announced a series of promotions. The firm, which has offices in Hartlepool, Sunderland, Stockton, Barnard Castle and Wynyard, has promoted three solicitors – Laura Nomaz, Jessica Inman, and Georgia Wilkinson – shortly after returning from maternity leave to senior associate roles.

Joining them in that position are Rhiannon Melrose and Tyler Plunkett, while Bethany Atkinson, Mollie Hall, Olivia Linton and Sophie Wilding have been promoted to associate-level roles.

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Heather Bolton, partner and head of the Sunderland branch, said: “These promotions reflect the dedication and hard work shown by our colleagues across the firm. We are committed to supporting career development, promoting staff each year, and consistently recognising talent from within as we continue to grow.”

Swinburne Maddison's head of commercial property Victoria Walton, who will take over from the current managing partner, Jonathan Moreland, when he retires at the end of the year.

Swinburne Maddison’s head of commercial property Victoria Walton, who will take over from the current managing partner, Jonathan Moreland, when he retires at the end of the year.(Image: LAUREN PETERS)

Law firm Swinburne Maddison LLP has announced that managing partner Jonathan Moreland will retire at the end of this year. He will be succeeded by Victoria Walton, the firm’s current partner and head of commercial property, who is set to take up the position in January 2027.

Mr Moreland’s journey with the firm began in 1991 when he joined Swinburne Jackson and Moreland, where his late father was senior partner. Since his appointment as managing partner in 2021, he has led the firm through a period of unprecedented growth and success

He said: “It has been an enormous privilege and honour to lead Swinburne Maddison. The role has been about far more than leadership alone – it has meant being part of a firm where people genuinely belong, care about one another and remain deeply committed to supporting our clients.”

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Ms Walton brings a wealth of experience, having joined as a trainee in 1999 and becoming a partner just seven years later. She has served on the firm’s management committee for six years, working closely with Mr Moreland to shape the firm’s strategy.

Anand Swaminathan, Sage’s new chief strategy officer.

Anand Swaminathan, Sage’s new chief strategy officer.(Image: Sage)

Krish Vitaldevara, chief product officer at Sage

Krish Vitaldevara, chief product officer at Sage(Image: Sage)

North East accounting tech group Sage has made two new senior appointments. Krish Vitaldevara joins as chief product officer and Anand Swaminathan as chief strategy officer. The two will join Sage’s executive leadership team on May 18 and June 15 respectively, and will be based in the company’s San Jose, California office.

As chief product officer, Mr Vitaldevara will be responsible for Sage’s global product and platform strategy, innovation roadmap and delivery, while Mr Swaminathan will lead Sage’s corporate strategy, growth priorities and long-term value creation agenda.

Steve Hare, CEO, Sage said: “Krish and Anand are proven leaders with deep experience building and scaling world-class products and businesses. Their appointments reflect our continued investment in innovation and growth, and I’m excited about the impact they’ll have for our customers, colleagues and partners.”

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Accountancy and advisory firm Azets has made a number of appointment including Yasmin Bambrough, left, and Rebecca Hutton, right.

Accountancy and advisory firm Azets has made a number of appointment including Yasmin Bambrough, left, and Rebecca Hutton, right.(Image: Azets)

Azets has grown its audit and tax services for companies and individuals in the North East with four new hires. Yasmin Bambrough joins as audit senior at the accountancy and business advisory firm, with Rebecca Hutton as audit associate. Ms Bambrough, who was previously with PwC, and Ms Hutton, from Clive Owen, work out of Azets’ Teesside office.

With the tax service team, Stuart Stephenson, whose experience includes more than nine years at KPMG, joins as corporate tax director and Jonathan Kennedy arrives from S&W as R&D associate director. Azets employs more than 300 people, with 16 partners, in the North East, providing tailored accountancy, tax and advisory services to help businesses and individuals.

Brian Laidlaw, partner and head of North East at Azets, said: “Yasmin, Rebecca, Stuart and Jonathan join us at an exciting time for the business as we continue to grow clients amid increasing compliance demands for SMEs and individuals here in the North East. Azets provides independent insights that bolster compliance, governance and long-term growth.”

Joe Thompson, hedgehog lab’s chief technology officer

Joe Thompson, hedgehog lab’s chief technology officer(Image: hedgehog lab)

Newcastle-headquartered global product design consultancy hedgehog lab has announced a series of promotions among its senior team. Joe Thompson, hedgehog lab’s chief technology officer, has joined the company’s board. He has more than 25 years’ experience in the tech sector, and has been with hedgehog lab for the last two, having previously held senior roles at Xoomworks – part of global consultancy Accenture.

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Ryan Scaife, previously hedgehog lab’s chief financial officer, has taken on an expanded role as the business’s new chief financial and operating officer. And Aimé Watson Bachini has also been promoted to director of people, as hedgehog lab steps up its plans to grow its headcount in the months ahead.

CEO Malcolm Seagrave said: “Our direction as a business has never been clearer. Last year’s execution of our strategy delivered strong results, and we’ve brought that same energy into the new year. These promotions recognise the leaders who are helping us scale what we do best – creating products that change businesses and transform lives. We are excited for the next phase of our journey with the exceptional team we have in place.”

Left to right: Laurie Wilson and Gary Groves of CMP Products

Left to right: Laurie Wilson and Gary Groves of CMP Products(Image: CMP Products)

Cramlington cable glands, cleats and accessories manufacturer CMP Products has announced a strategic restructure of its UK and Europe sales team.

Laurie Wilson has been promoted to regional manager (UK, Ireland & Europe and Central Asia), recognising more than a decade of contribution to the business. Jean‑Baptiste Praud has been promoted to regional sales manager (Europe), while Gary Groves joins CMP as regional sales manager (UK and Ireland) from Riello UPS.

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Vince Patterson, CEO at CMP, said: “As we continue driving our market‑leading position through sustainable investment in our people and a deeper understanding of our customers, it is essential that our sales structure reflects that ambition.

“This new model strengthens collaboration, enhances accountability and ensures we are well positioned to support customers with the safety, reliability and efficiency they expect from CMP.”

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Millrose Properties: Recurring Revenue And An Attractive Yield Profile

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Millrose Properties: Recurring Revenue And An Attractive Yield Profile

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County Durham’s Banks Group returns to profit amid investment for future

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‘As we look back on our 50 years in business, we are proud to have supported many thousands of charitable, community and environmental causes’

Work has started on 109 new homes at the Cornfields site on the edge of Yarm

Work has started on 109 new homes at the Cornfields site on the edge of Yarm(Image: Banks Homes)

North East property and mining company Banks Group has returned to profit after its turnover rose sharply. The County Durham group has published accounts which show turnover of £43.4m, up from £27.1m seen a year earlier. The accounts, covering the year to the end of September 2025, report operating profit of £8.4m, having been a loss of £5.1m in the previous year.

Within the group, Banks’ mining division reported a turnover of £16m, there was £15.5m from Banks Homes and £10.8m from Banks Property.

Founder Harry Banks used the report to highlight how “the current planning system is unduly slow and unpredictable with significant delays across the UK leading to shortages in land available for much-needed new housing.” He added that Banks was investing in its operations to provide future growth.

The family-owned firm is celebrating its 50th anniversary this year and has retained its headquarters in County Durham since being founded in Tow Law in 1976.

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Mr Banks said: “We’re immensely proud of our County Durham and North East heritage, which has been the foundation on which our growth, diversification and success has been based over the last 50 years. Our performance in 2025 was ahead of the previous year as we focussed on the future growth prospects for the business.

“We have continued to invest in our new house building arm, Banks Homes, which is well placed to deliver future growth and earnings, and believe we will deliver good growth and earnings in the coming years from the investments we are making across all our operations.”

Banks said it was working on housebuilding developments in West Rainton, Yarm, Wynyard and Hambleton in North Yorkshire. It was aiming to deliver an annual target of around 200 new homes a year by the end of 2027 and then 400 new homes a year by 2031.

The Banks Group has also continued to deliver grant funding to dozens of community groups and environmental projects across its operating areas during 2025.

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Mr Banks added: “As we look back on our 50 years in business, we are proud to have supported many thousands of charitable, community and environmental causes and to have helped to deliver long-lasting positive changes that make a real difference to people’s lives.”

The group’ headcount fell slightly during the year to an average of 168, but its wage bill rose to £11.9m, having been £10.7m in the previous year.

To find all the planning applications, traffic diversions, road layout changes, alcohol licence applications and more in your community, visit the Public Notices Portal .

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Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrol

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Dwarikesh Sugar, Dhampur Sugar and other sugar stocks gain up to 4% after excise duty cut on ethanol-blended petrol
Sugar stocks rallied sharply on Thursday after the Finance Ministry notified a cut in excise duty on ethanol-blended petrol, boosting optimism surrounding India’s ethanol blending programme.

Shares of Dwarikesh Sugar, Dhampur Sugar, Mawana Sugars, Balrampur Chini, and Dalmia Bharat Sugar rose 3–4%, as investors cheered the policy move that is expected to support ethanol demand and improve earnings visibility for sugar manufacturers.

According to a Times of India report, India has waived excise duty on multiple ethanol-blended petrol variants, including E22, E25, E27 and E30, as part of its broader strategy to accelerate the adoption of cleaner fuels.

The exempted blends include E22 (78% petrol and 22% ethanol), E25 (75% petrol and 25% ethanol), E27 (73% petrol and 27% ethanol), and E30 (70% petrol and 30% ethanol), reflecting the government’s push towards higher ethanol blending in transport fuels.

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The move aligns with the government’s ambitious ethanol roadmap, which includes launching 50–100 ethanol fuel stations across Delhi-NCR, Mumbai, Pune and Nagpur before expanding the network to 500 outlets by the end of 2026.


The announcement comes at a time when global energy markets remain under pressure due to the ongoing Middle East conflict. Crude oil prices have climbed from around $70 per barrel to above $100, leading to a cumulative increase of over Rs 7.5 per litre in domestic petrol and diesel prices.
The Finance Ministry had earlier indicated that state-run oil marketing companies are preparing to offer E85 fuel at a discount of Rs 20 per litre compared with E20 petrol. The discount aims to offset ethanol’s lower energy content and encourage consumer adoption.While E85 contains 85% ethanol and 15% petrol, E20 petrol—already compatible with most vehicles on Indian roads—will continue to be available nationwide.

Also read: Exclusive | Why BSE wants options traders to think beyond the next expiry

For sugar companies, the excise relief is being viewed as a significant positive. A faster shift towards ethanol blending could create a sustained demand avenue beyond traditional sugar sales, giving the sector another reason to celebrate.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

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