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Explore insightful articles, tips, and industry updates from RMT. Stay informed on the latest trends, innovations, and best practices in accounting and business services.

Couple quadruple size of their pharmacy business

A COUPLE have quadrupled the size of their pharmacy business to £4m by taking over a larger rival. David and Louise Lydon have bought Stanley-based Dixon and Hall, which runs three pharmacies and puts together first aid kits for 600 clients, including Northumbria Police and companies including Nissan and McNulty Offshore. The deal, for an

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Alex van Someren advises girl geeks on success at RMT Accountants

Alex Van Someren Advises Girl Geeks on Success @ RMT

HE started his working life by helping to develop the BBC Microcomputer, and went on to offer advanced cryptography for major banks and governments. So it’s pretty probable that Alex Van Someren knows technology, and has a bit of experience with entrepreneurism too. The ANT and nCipher founder said: “As a country we’ve become more

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Maxine Pott joins the board of the Port of Tyne

Maxine Pott joins Port of Tyne board

A LEADING Tyneside accountant has been appointed to the board of the Port of Tyne. Maxine Pott, the head of corporate finance at Newcastle-based RMT Accountants and Business Advisors, has joined the deep sea port as a non-executive director. Sir Ian Wrigglesworth, chairman of the Port of Tyne said: “I am delighted to welcome Maxine

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RMT win contract with Newcastle Falcons

by Iain Laing, The Journal ACCOUNTANCY and business advisory group RMT has scored a contract win with the Newcastle Falcons as the rugby club looks to step up its corporate hospitality activity. The Newcastle-based company has added the Aviva Premiership team to its growing portfolio of clients at a time when the sports club are targeting growth

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Deal secures future of North Pennines Archaeology

by Peter McCusker, The Journal   A SPECIALIST archaeology business has been saved after being bought out of administration by a Stoke-based engineering and environmental consultancy. North Pennines Archaeology (NPA) – based at Nenthead in Alston, Cumbria – was placed into administration after the threat of a winding-up petition related to historic VAT debts. Joint administrators

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Tyneside MP calls for ransom payment change

NORTH East MP Mary Glindon has given her backing to a campaign by insolvency trade body R3 campaign for a change in the law which she says could save 2000 businesses a year. The Holding Rescue to Ransom campaign is calling for a change in legislation which would prevent suppliers demanding high payments, increasing their

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Jobs lost as Centurion loses fight for survival

A NORTH bus tour company has ceased trading with the loss of 14 jobs. Centurion Tours and Travel of Haydon Bridge, has now closed after just over a week in administration. The well-known firm, which ran bus tours throughout the UK and abroad, ran into trouble earlier this month when a finance company pulled out

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Private sector “angels” watch over funding

SOME of the region’s leading venture capital, corporate finance and legal professionals will be giving a briefing about venture capital funding tomorrow. As the public sector continues to contract, private sector “angels” are becoming a key focus for small firms wanting backers and larger projects needing major capital investment. Representatives from private equity firm Rivers

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Take care in changing insolvency rules

INSOLVENCY experts are warning that proposed changes to the rules surrounding pre-pack administrations could cause new issues as well as addressing the perceived problems that creditors may have with the present system. Linda Farish, chairman of the North-east arm of insolvency trade body R3 and director of Recovery & Insolvency at Newcastle-based accountants RMT, was

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