1 ISSUE | 420 NORTH EAST EST. 1981 JULY/AUGUST 2019 2 3 4 5 6 7 EDITOR’S WORD Welcome Editor’s Word... Welcome to the Money issue t’s hard to believe that this is our fourth Money This is in addition to the latest advice on wealth Issue, as we again highlight the wealth journey management from some of the brightest minds of making, growing and sharing money. working in North East finance. Our cover story is someone who personifies Our Out of Hours section also features two this journey. Former North East Woman extraordinary stories of people overcoming IEntrepreneur of the Year Fiona Cruickshank has adversity. The first is the inspirational Tilly Lockey, carved out an incredible career as a pharmacist, who lost both her hands at 15 months old after business owner, angel investor and philanthropist. contracting meningococcal septicaemia. Now 13, But, as you can read in this issue, she’s never had a she took part in a fun and funky fashion shoot with grand plan, instead preferring to “bimble along.” our lead photographer Chris Owens, where she Other interviews include Andrew Haigh, chief revealed how she wants to change the perception of executive of Newcastle Building Society, who tells disability with her “superhero” hands. us how the mutual is looking to appeal to everyone We also look ahead to the World Transplant NET by combining digital innovation with new branch Games, which will see more than 2500 athletes from openings. And two Newcastle University students 60-plus countries compete in sporting venues across ALISON COWIE – George Bradley and Lewis Herring – reveal how Tyneside between August 17 and 24, and tell a few [email protected] managing the NCL Capital Partners virtual fund is of the amazing stories from this burgeoning global 07961091522 helping them build sought-after skills to excel in a event. @AlisonNETimes financial career. Meanwhile, Sarah Longlands, director of IPPR I hope that you enjoy this issue. North, discusses what economic justice is and how Alison it impacts the North East. 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We look to build on the four-decade history of number one business publication in the region, the North East Times title, while embracing the both on and offline. latest digital innovations to engage, inform and entertain our audience. 9 CONTENTS CONTENTS PAGE 66-69 George Bradley and Lewis Herring, NCL Capital Partners PAGE 108-112 Tilly Lockey PAGE 82-83 PAGE 56-61 Nick Spurr, Amble Boat Company Fiona Cruickshank, Community Foundation 10 MORE PAGE 18: BURNING ISSUE PAGE 20: APPOINTMENTS PAGE 22: JOBS PAGE 24-25: IN THE LIMELIGHT PAGE 75-85: BUILT ENVIRONMENT PAGE 107: OUT OF HOURS PAGE 108-112: FASHION PAGE 122-123: BUSINESS LUNCH PAGE 128-129: CULTURE PAGE 130-131: TECH PAGE 132-133: MOTORS PAGE 32-33 Paula Gascoigne, Smile For Life PAGE 36-37 Sarah Longlands, IPPR North 11 NEWS Bulletin BULLETIN TECH Kromek creates jobs as £21 million fundraising fuels expansion Sedgefield company adds staff to NETPark workforce technology firm behind apparatus used to foil terror security, nuclear detection and medical imaging sectors. attacks is creating jobs in a multi-million-pound Dr Arnab Basu, chief executive, said the jobs will help the company investment at its North-East headquarters. maintain its growth and meet demand for its products, which also Kromek told North East Times it expects to include airport security scanners and medical apparatus to diagnose recruit at least 20 staff over the next 12 to 18 months and treat conditions such as osteoporosis. Aat its NETPark base, taking its workforce to around the 80 mark, as it “The pipeline of work remains as strong as ever and the Sedgefield lays foundations for further market growth. expansion will mean good, high-quality jobs,” he told North East The new jobs will cover technical and engineering roles and Times. help create a dedicated team to look after the commercialisation of “Our home is still the North East, and this is an exciting time Kromek’s D3S radiation detectors, which can identify threats such as for us; we are really getting traction around the world for D3S and ‘dirty bombs.’ aviation operators want better quality systems. The move comes after the Durham University spin-out company “Furthermore, underinvestment in healthcare has left a black hole carried out a £21 million fundraising to enhance manufacturing and demand from the middle-classes in China and India for better across its UK and US sites. care is increasing,” added Dr Basu, who was crowned Yorkshire It also follows what bosses hailed as a “milestone year” for the and North East innovation director of the year by the Institute of business, which saw Kromek secure lucrative contract wins across the Directors in early July. DEVELOPMENT Universities in £8 million world-first project Academics from two North East universities are combining their expertise on an £8 million project to create a world-first building sector research hub. Newcastle and Northumbria universities have jointly been awarded the support from Research England’s Expanding Excellence in England Fund to establish the world’s first Hub for Biotechnology in the Built Environment (HBBE). The project aims to create a new generation of ‘living buildings’ that are responsive to the natural environment. Grown using living engineered materials, the ambition is for such buildings to process their own waste, reduce pollution, generate energy and support a biological environment beneficial to health. The HBBE will also include The OME, an experimental biological house built on Newcastle University’s campus. It will officially launch on August 1. 12 National news Call to protect ‘jewel’ financial services sector Britain’s next Prime Minister must end the Brexit stalemate to safeguard the “jewel in the UK’s economic crown,” a business organisation has urged. The Confederation of British Industry (CBI) says it is imperative the country’s new leader ensures the UK EMPLOYMENT DEVELOPMENT leaves the European Union in a position where it can support future growth in the 300-job plan Park approval financial services sector. Rain Newton-Smith, CBI chief economist, said: “The More than 300 jobs could be created from a £4.9 Planning consent has been given for an east sector is the jewel in the million fund focused on helping County Durham Durham business park that developers say could UK’s economic crown.