Try GOLD - Free
Wellness centre gets ‘boost’ with five-figure funds
The Journal
|December 19, 2025
A NEW wellness destination in Newcastle has become the first company to get support from a business support scheme at the North East Combined Authority.
The North East Elevate Fund has provided backing for Reform Studio, which is opening at the Side, on the Quayside. The £35m Elevate Fund, which launched in October, is designed to support business growth and innovation across the region.
A five-figure investment from the fund has enabled Reform Studio to open a venue offering reformer pilates, barre, yoga and sound healing classes. The studio is set to open in January.
The fund is part of the North East Fund and managed by FW Capital, with Reform Studio marking the first funding deal to be announced from the North East Fund’s new programme.
North East mayor Kim McGuinness said: “This first deal from the North East Elevate Fund is a landmark moment for our region.
This story is from the December 19, 2025 edition of The Journal.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Journal
The Journal
So important not to rush Xhaka back, says boss
REGIS
1 mins
March 11, 2026
The Journal
Persimmon building up its profits as market 'recovers'
HOUSEBUILDER
1 mins
March 11, 2026
The Journal
Five-figure sum to boost wedding venue's growth
WEDDING venue and holiday homes business in the North Pennines is looking to grow thanks to five-figure loan funding.
1 mins
March 11, 2026
The Journal
Poisoning our waterways
IF you haven't watched the brilliant docudrama Dirty Business then you need to.
1 mins
March 11, 2026
The Journal
Watchdog rejects water firm's bid to up charges
VERAGE North East water bills will stay just below £500 after a watchdog turned down a bid from Northumbrian Water to be allowed higher charges.
2 mins
March 11, 2026
The Journal
Ex-Magpies star arrested after assault reported
FORMER Newcastle United footballer Joey Barton has been arrested in relation to an alleged serious assault.
1 min
March 11, 2026
The Journal
Film studios can still bring 'thousands of jobs'
FLAGSHIP film studio on the banks of the River Wear can still bring thousands of jobs to the North East despite being scaled down from \"absolutely crazy\" initial ambitions, leaders say.
3 mins
March 11, 2026
The Journal
Mayor announces timeline for arena
CONSTRUCTION of a long-promised arena on the Gateshead Quayside will start in early 2028, the North East mayor says.
3 mins
March 11, 2026
The Journal
February's rainy days dampen retail sales
FEBRUARY'S wet weather dampened retail sales across the UK amid warnings that the Middle East conflict is threatening to halt any longer-term recovery in consumer confidence.
1 min
March 11, 2026
The Journal
Hotel plan for old tram shed refused
A DEVELOPER has been denied permission to transform a disused tram shed in Newcastle's West End into an aparthotel.
1 min
March 11, 2026
Listen
Translate
Change font size