Published: 24th Jan 2020

Up to 500 new jobs could be created if politicians agree to invest £10m into the North of Tyne’s digital economy.  The North of Tyne is a combined authority that covers Northumberland, North Tyneside and Newcastle Upon Tyne. The area has a population of 880,000, a local economy of £17bn, and is home to 23,000 businesses. If the £10m investment is approved, North of Tyneside has said that £1.5m will be invested into small and medium-sized businesses in the area to help them to adopt digital systems and work practices. The money will also be used to train hundreds of people for digital skills, with the aim to grow the digital sector with new business start-ups and business acceleration programmes. It is estimated that the £10m funding will attract a further £25m of private sector investment. The investment will be considered by the cabinet next Tuesday (January 28). Cllr Forbes, … (To read the full article, subscribe below)