The Banks Group is a family owned energy and property development business headquartered in Durham, but working across Scotland and the North of England, established in 1976.
The Banks Mining division is active in open-cast or surface coal mining. In 2012, Banks completed construction of Northumberlandia, a huge, award-winning, land sculpture in the shape of a reclining female figure near Cramlington, Northumberland. Banks Group and the Blagdon Estate jointly financed the £2.5m cost of the work, as planning gain for Banks' adjacent open-cast Shotton Surface Mine, which was approved in 2007. The mine was approved in 2007 despite 2,500 objections and previous refusal by Northumberland County Council.
Banks Group won a Marketplace Innovation Award from Business in the Community for its technologies to reduce noise from mining operations.
Another division, Banks Renewables, instals wind turbines, such as those at West Durham Wind Farm which was planned as the largest wind farm in North East England.
The other division is Banks Property.