Home Business Awards & Achievements Newcastle business visionaries recognised as Ones to Watch in The LDC Top...

Newcastle business visionaries recognised as Ones to Watch in The LDC Top 50 Most Ambitious Business Leaders for 2023

Richard Lane

Lee Durham and Richard Lane, the founders of global North East based revenue acceleration firm durhamlane have been named as ‘Ones to Watch’ in The LDC Top 50 Most Ambitious Business Leaders 2023.

Created by trusted investment partner LDC – part of Lloyds Banking Group, and supported by The Times, The LDC Top 50 champions the business leaders who are pushing for growth and building successful medium-sized businesses.

durhamlane, headquartered in Newcastle, has grown year-on-year since its inception in 2011, with the last financial year seeing it achieve 31% revenue growth and turnover surpassing £6.3m for the first time.

The organisers of The LCD Top 50 claim this year’s nominations were of an exceptionally high calibre, with fierce competition that showcases the drive and determination that unites business leaders across the UK.

The leaders featured in The LDC Top 50 are growing their businesses at home and overseas, making a positive contribution to society and driving progress against their sustainability goals. They hail from every corner of the UK and span every sector of the economy. Together, they employ more than 6,700 people and turn over more than £1.2bn.

In a further testament to durhamlane’s growth and success, one if its up-and-coming employees, Will Matthews, has also been shortlisted for Young Business Development Professional of the Year in the Insider North East Young Professionals Awards 2023.

The awards aim to showcase the leading professionals who are 35 or under (on the day of the awards dinner) in a variety of industry specialisms, highlighting the excellence and quality of the work they have done over the last 12 months. The winners will be announced at a black-tie gala which will be held at the Hilton Hotel Newcastle Gateshead on 7 December 2023.

Speaking about the nominations, Richard Lane said: “Being classed as ‘One to Watch’ by LDC in their annual Top 50 awards is an honour not only for Lee and myself but for every employee at durhamlane.

“To achieve this recognition in light of such strong competition is a testament to the consistency of the business we have built over the last twelve years. As a services company, we rely – every day – on the effort, attitude and aptitude of all of our people. Every person in our business strives to deliver amazing results for, and build long-term relationships with, our customers.

“This is why we’re also excited about the recognition of our young talent, with Will Matthews’ nomination for Young Business Development Professional of the Year. It underscores our commitment to fostering the next generation of professionals who excel in their field.”

John Garner, Managing Partner at LDC, added: “We started The LDC Top 50 six years ago to champion the remarkable success stories of medium-sized businesses, the unsung heroes of the British economy. Since then, we’ve received more than 3,000 nominations and celebrated more than 500 business leaders through the programme, surpassing all our expectations. The stories behind this year’s Ones to Watch really captured our attention and I’d like to congratulate them on their achievements so far. We’ve no doubt that this is only the beginning for each and every one of them!”