The Lead

The Lead

The Lead North

Notes from the North: Teesworks dividends go up despite plummeting income and a very bleak New Year's Eve online

Latest on our exclusive, agenda-setting and award-winning journalism in the North of England.

Luke Beardsworth's avatar
The Lead's avatar
Luke Beardsworth and The Lead
Jan 08, 2026
∙ Paid
Teesworks (Image: Leigh Jones)

It was an early edition of The Teesside Lead this week as Leigh Jones went head-first into the latest accounts for 2024-25.

It showed dividends up to £30m despite revenue for the year dropping to around £6m - numbers which don’t survive even passing-glance scrutiny.

For context, Teesworks Ltd company was set up as a 50-50 jo…

User's avatar

Continue reading this post for free, courtesy of The Lead Editors.

Or purchase a paid subscription.
© 2026 The Lead Newspapers Limited · Privacy ∙ Terms ∙ Collection notice
Start your SubstackGet the app
Substack is the home for great culture