News



Stobart, Virgin group buy Flybe

Carlisle-based aviation, energy and transport firm Stobart Group has teamed up with Virgin Atlantic and Cyrus Capital to buy Flybe for a cut-price £2.2 million. A joint venture…


AO World enjoys highest sales month ever

Bolton-based online electrical retailer AO World said on Friday its revenue rose 8.2% in its third quarter, the three months to December 31, 2018. In a…


DFS Furniture warns of Brexit product delays

Doncaster-based DFS Furniture on Thursday reported underlying gross sales growth of 10% in a trading update for the five months to December 30, 2018. However DFS warned…


B&M quarterly sales revenue up 12% to £1bn

Liverpool-based bargain retailer B&M European Value Retail said on Thursday its total sales revenue increased 12.1% to £1.087 billion in the 13 week period to December…






Morrisons sales rise, boosted by wholesale

Bradford-based supermarket group Morrisons said on Tuesday group like-for-like (LFL) sales excluding fuel were up 3.6% for the nine weeks to January 6, comprising contributions from…


Footasylum margins slashed amid tough trading

Shares of troubled Footasylum, the recently-floated Rochdale youth footwear and apparel retailer, fell more than 15% after it published an update on its trading performance for the…



Gleeson shares up on strong trading update

Shares of Sheffield-based affordable housebuilder MJ Gleeson plc rose 9% on Monday after it said it expects results for the half-year ended December 31, 2018, “to…



Reed Boardall revenue tops £61m

Yorkshire-based cold storage and transport business The Reed Boardall Group Limited said on Thursday its turnover rose 2.3% to £61.6 million in its last financial…


Landmark Leeds office sold for £32m

Investment manager APAM has acquired the landmark Leeds office building 1 City Square for £32 million on behalf of its client Britannia Invest. Aviva Investors put…


UK central bank appoints Bowe, Gadhia

The Bank of England, the UK’s central bank, said Colette Bowe and Jayne-Anne Gadhia have been appointed as external members of its Financial Policy Committee…


Drax completes £702m ScottishPower acquisition

Selby, North Yorkshire-based power company Drax Group plc said on Wednesday it completed the acquisition of ScottishPower’s portfolio of pumped storage, hydro and gas-fired generation….




UKFast valued at £405m after stake sale

Manchester-based cloud hosting firm UKFast on Friday announced an investment in the firm from Inflexion Private Equity that values UKFast at £405 million.  The investment…




Wood, Amec Win $66m Sellafield Contract

Engineering giant Wood plc said it won a contract to supply “programmable digital control technologies” to the Sellafield nuclear site in Cumbria. Wood said the 10-year…


Grainger acquires £77m Birmingham scheme

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said it agreed to forward fund and acquire a 373-home private rented sector development at Exchange Square in Birmingham for…


Mourinho leaves Man Utd

Manchester United announced on Tuesday that manager Jose Mourinho has left the club with immediate effect. “The club would like to thank Mourinho for his…


Croda buys Brenntag Biosector for €72 million

Snaith, East Yorkshire-based speciality chemicals giant Croda International said on Monday it agreed to acquire Denmark-based Brenntag Biosector A/S from Brenntag Nordic A/S for about €72 million in cash….


Manchester Airports buys SkyParkSecure

Manchester Airports Group (MAG), the operator of Manchester, London Stansted and East Midlands airports, said on Monday it acquired Blackpool-based SkyParkSecure for an undisclosed sum….






Port of Tyne hires new CEO

The Port of Tyne announced the appointment of Matt Beeton as chief executive officer with effect from January 7. Beeton joins the port from APT…



AJ Bell shares up 35% after £651m IPO

Shares of Manchester-based investment firm AJ Bell soared about 35% on Friday in their market debut on the London Stock Exchange. AJ Bell’s shares opened at…




NG Bailey wins £80m contracts

Ilkley, West Yorkshire-based NG Bailey said its services division, which incorporates the recently acquired Freedom business, has secured nine new client contracts worth more than £80 million….



UKFast hits £53m revenue ahead of IPO

Manchester-based cloud hosting firm UKFast revealed on Monday it is on track to deliver more than £53 million revenue in 2018 ahead of a potential IPO….




On the Beach revenue up 25% to £104m

Stockport-based beach holiday retailer On the Beach Group plc said on Wednesday its revenue increased 24.5% to £104.1 million in the year to September 30 while…







New Eden Project plan unveiled for Morecambe

The Eden Project has unveiled its vision for Eden Project North in Morecambe, Lancashire. The Cornwall-based environmental charity has presented new images and details to…