MD leaves Provident’s Vanquis Bank

Embattled Bradford-based subprime lender Provident Financial said Chris Sweeney, managing director of its Vanquis Bank business, will step down from his role immediately. Sweeney will…







Sheffield commercial bank BBI has £1.2bn invested

British Business Investments (BBI), the commercial subsidiary of Sheffield-based British Business Bank plc, the UK’s national economic development bank, has published its annual accounts for…





Peel launches new housebuilding division

Manchester giant Peel Land and Property (Peel L&P) announced it has appointed Phil Wilson as chief executive of what will be its new housebuilding division,…






Bellway profit £641m on revenue of £2.96bn

Newcastle-based house building giant Bellway said its profit before tax rose 14.3% to £641.1 million and revenue increased 15.6% to £2.96 billion in the year ended July…









Greggs sales up 7.3%, helped by focaccia

Shares of Greggs, the Newcastle-based bakery and “food-on-the-go” retailer, rose about 5% after it said its sales rose 7.3% in the 13 weeks to September…


Cammell Laird wins £619m contracts

Merseyside-based shipyard and engineering company Cammell Laird said it won two 10-year contracts worth an estimated £619 million to support the Royal Fleet Auxiliary (RFA)….


Bruntwood, L&G in £360m technology investment

Manchester-based commercial property company Bruntwood and Legal & General Capital said they established a landmark 50:50 partnership to create the UK’s largest property platform dedicated…


Peel consortium may take £2bn Intu private

A consortium including North of England billionaire John Whittaker, Canada’s Brookfield Asset Management and Saudi Arabia’s Olayan Group is considering a bid for Intu Properties, the shopping center…





Sunderland sofa firm ScS revenue up to £337m

Sunderland-based furniture and floorings retailer ScS Group said its revenue rose 1.3% to £337.3 million and profit before tax rose 10.5% to £13.2 million in the 52 weeks ended…





Boohoo half-year revenue up 50% to £395m

Manchester-based online fashion giant Boohoo.com plc said on Wednesday its revenue soared 50% to £395.3 million and profit before tax rose 22% to £24.7 million…




Drax Targets £1bn Of ScottishPower Assets

North Yorkshire-based power company Drax Group is in talks to buy a number of ScottishPower assets as it continues to diversify away from coal-burning generation. Drax said…



Revenue tops £196m at Sheffield’s Gleeson

Sheffield-based affordable housebuilder MJ Gleeson plc said on Monday group profit before tax increased 12.1% to £37 million on revenue up 23% to £196.7 million in the…




Co-op first-half sales up 10% to £5bn

Manchester-based Co-op Group said its first-half sales increased 10% to £5 billion, driven by a strong food sales performance and the acquisition of Nisa. Group…




Morrisons first-half revenue up 4.5% to £8.8bn

Bradford-based supermarket group Morrisons said on Thursday its first-half revenue rose 4.5% to £8.8 billion and underlying profit before tax rose 9% to £193 million. Morrisons CEO…


CEO leaves Manchester fashion giant N Brown

Manchester-based fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said on Wednesday that its CEO Angela Spindler will leave…



Shareholders OK Yorkshire Bank-Virgin Money Deal

Shareholders of Clydesdale and Yorkshire Bank owner CYBG and shareholders of Virgin Money on Monday overwhelmingly approved the all-share deal for CYBG to take over its Newcastle-based…


The Lakes Distillery mulls £15m IPO

The Lakes Distillery, the “English single malt” whisky distillery, announced it is exploring the possibility of seeking admission of its shares to trading on AIM,…