Members of business group add £300m to turnover

MEMBERS of a North East business group have added £300m to their collective turnover despite battling a range of challenges, a new report says.

- GRAEME WHITFIELD

The Entrepreneurs' Forum has published its 2024/25 Impact Report, saying that it supported more than 400 North East entrepreneurs as they overcame rising costs, skills shortages, new Government policies and market uncertainty.

Over the year, members of the Forum collectively generated £2.5bn in turnover, up from £2.2bn in the previous year, while employing 16,000 staff across the region.

The Entrepreneurs' Forum, founded in 2002 by Sir Peter Vardy and Lorna Moran, aims to support emerging business leaders by connecting them with more established entrepreneurs for advice and support.