Jeremy Middleton CBE, self-made businessman and North East LEP board member

Jeremy Middleton, North East LEP Board Member and Chairman of Middleton Enterprises, said: “Today’s GDP figures show the resilience of British business in the face of increasingly unstable international markets. While growth in the service industry is really positive, there was stagnation in manufacturing, disproportionately affecting the North East. Therefore we need a much larger regional investment, which would allow both traditional and new industries, including those in manufacturing, to access the funding they need to capitalise on changes in the global markets.”

ENDS

ISSUED ON BEHALF OF MIDDLETON ENTERPRISES

CONTACT: Chris Rowell on 01325 363436

Notes to Editors:

Middleton Enterprises Ltd is a private investment company that has made a substantial contribution to the North East’s economy by investing in and providing business advice to entrepreneurial businesses.

During recent years, it has supported a number of North East businesses, generally from start-up, usually taking a minority stake and offering strategic advice to support growth.

Jeremy Middleton

Mr Middleton is a high-profile entrepreneur and philanthropist based in Newcastle. He started his career as a Brand Manager at Procter & Gamble before working for PriceWaterhouseCoopers as a Marketing Consultant. He co-founded HomeServe, now a FTSE 250 company which operates in the UK, the USA, France, Spain and Italy, and remains a shareholder with a seat on the Executive Committee. He is a director at North East based energy and water consultancy company Utilitywise PLC.

Mr Middleton and his family are active supporters of Maggie’s Centre and World Vision, an international charity which works to improve the lives of people in developing countries.

Mr Middleton has carried out a range of sponsored fundraising for a variety of charities which to date include the North Pole, Mount Kilimanjaro, Mont Blanc, The Haute Route, Mount McKinley, Mount Elbrus and a cycle ride from London to Paris.

Mr Middleton has been a Board Member of the North East Local Enterprise Partnership (LEP) since 2011 and is Chairman of the North East LEP Investment Fund, which makes recommendations to the LEP Board for the £25m Growing Places Fund and the £30m Infrastructure Fund.

In 2012 Jeremy was awarded a CBE in the Queen's Birthday Honours List for Services to Politics and Charities.

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Jeremy Middleton CBE, self-made businessman and North East LEP board member
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