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There have been various articles in the press over the weekend highlighting the difficulties faced by dairy farmers. Milk prices have remained under pressure as the supermarkets continue to use milk as a loss leader.

The risk of businesses facing insolvency has fallen in six of ten key industries in the North East over the past year and three of the other four have remained steady. Research from R3, the industry body for business recovery professionals, supported the view that the economy in the region was gradually recovering.

The majority of smaller businesses would like to improve their productivity but many lack the knowledge of how they could potentially use technology to do so, according to a new study.

R3, the association of business recovery professionals, has warned that the number of petroleum and gas extraction companies based in the South East that are at risk of insolvency has risen for the second month in a row.

The alternative finance market in the UK almost doubled in 2015, according to a new report. Research from the Cambridge Centre for Alternative Finance and Nesta found that the sector grew by 84% over the year to hit £3.2 billion in investments, donations and alternative format loans to business.