Sarah Spence

Member Article

Onwards and Upwards for BIC tenant

When financial advisor, Steven Whitehead and his colleagues were made redundant from the Co-Operative in October 2011 they quickly joined forces and started their own business offering to the region their financial expertise.

City Financial Solutions LTD was welcomed into the North East Business and Innovation Centre (BIC) at the beginning of 2012 and in a short space of time the business has gone from strength to strength.

The team are all Level 4 Diploma Qualified Financial Advisers and want to get the message out that they are here to help everyone from individuals to small businesses. Steven has seen the company grow from seven advisors to eleven, all of which were previously employed by the Co-Operative. City Financial Solutions LTD offer a vast array of financial services, Steven, Financial Adviser, said:

“We came to the BIC in January where we met Chris Craig, Business Adviser. Chris gave us guidance on how to initially set up and our move to the BIC couldn’t have been made easier. The support was right there when we needed it.”

Chris Craig, Business Adviser, observed:

“What is so promising about this company is the fact they were so positive. They were all made redundant yet they have managed to turn a negative situation into one of great promise and fortune. It is so rewarding to see them grow from strength to strength.”

David Laws, Financial Adviser, added on why they came to the BIC:

“The facilities are fantastic, for example being able to use the wireless zone has been great as we have a lot of people travelling from Surrey and Scotland who are able to use these services not to mention the free parking. And even the meeting rooms, which we take advantage of frequently.”

The company are now looking at moving into bigger offices here at the BIC with the motto onwards and upwards.For anyone wanting advice on their finances please email

or visit

The BIC offers a range of commercial property options with flexible tenancy agreement. Business space across the site ranges from 6000 sq ft industrial units to 150 sq ft small office space to let, perfect for start-up, expanding and well-established businesses

To arrange a site visit and view the variety of business space available, please call Donna Surtees on 0191 516 6066 or email

This was posted in Bdaily's Members' News section by Sarah Spence .

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