Two major inward investment projects in the region are continuing to create jobs on North Tyneside.

Construction giant Balfour Beatty has recently announced it will create an additional 200 jobs at its customer support centre, while Tesco Bank has seen its workforce in the region approach the 1,000 mark. 

Both companies are developing operations at Quorum Business Park after support from Tyne and Wear Development Company influenced their decision to invest in the region.

Balfour Beatty’s customer service centre opened in 2010 and provides centralised support services for the 14 companies it runs in the UK. The centre has already saved the company £15m in efficiencies and expects to employ up to 450 people by the end of next year.

Tesco Bank opened its contact centre in 2009, initially employing 500, and has seen the workforce in its general insurances division grow steadily ever since to almost 1,000.

Tyne and Wear Development Company made it possible to attract these high profile projects to the area by delivering a comprehensive package of business support and advice.

In both cases, the agency worked with consultants representing the companies for many months to identify suitable premises, provide background information and bespoke research on the region and introduce links to other sources of support. It also helped Tesco Bank secure government funding of £2 million.