“Today they announced that we all have five years' job security. That's a big thing for us. You don't get that in many places today.
I'm Jonathon Manning and I'm running the live blog this week, to bring you updates on all the breaking business news from across the North East and beyond.
Gilts tracked steeply upwards on Thursday as bond investors continued to shift their expectations towards a rise in UK interest rates.
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase.
The decommissioning of smaller rigs has been under way for years since production began to decline. Photograph: Danny Lawson/PA. Oil.