News



Asda Q2 revenue slips 2% to £4.9bn

Leeds-based supermarket giant Asda said its second-quarter revenue, excluding fuel, fell about 2% to £4.9 billion Asda also said it is taking “far-reaching steps” to support…


Sandringham CEO Sargisson to leave next year

M&G Wealth has announced that Tim Sargisson, CEO of Huddersfield-based independent financial advice firm Sandringham Partners, is to leave the business early next year. Sargisson…



Germany’s Brenntag buys Prime Surfactants of Leeds

Germany-based chemicals and ingredients distribution firm Brenntag announced the acquisition of Leeds-based Prime Surfactants Limited. Brenntag said Prime is “a leading distributor of surfactants specialties for…




Co-op confirms Shirine Khoury-Haq as CEO

Manchester-based Co-op confirmed on Tuesday that Shirine Khoury-Haq has been appointed as group CEO on a permanent basis.   Co-op appointed Khoury-Haq, formerly group CFO and CEO…







AO World revenue falls 6% to £1.55bn

Shares of Bolton-based online electrical retailer AO World plc rose about 13% on Thursday after it announced results for the year to March 31, 2022 — but…





Newcastle’s Sage acquires Lockstep of Seattle

Newcastle-based Sage Group announced it agreed to acquire Lockstep, a Seattle, Washington-based provider of “cloud native technology” that automates accounting workflows between companies. Sage provides accounting,…


Harrogate’s Vp no longer for sale

Harrogate-based equipment rental group Vp plc — which in April launched a formal sale process (FSP) for the company — announced it has decided to conclude…









Skipton savings balances up 6% to £21bn

Skipton Building Society said its savings balances grew 6% to £21 billion in the first half of 2022, with pre-tax profit for the period edging higher to…


Carr’s of Carlisle in boardroom shake up

Carlisle-based agriculture and engineering firm Carr’s Group announced that “after an extensive search process” it has appointed its chairman Peter Page to the role of…





Drax acquires Canada pellet plant

North Yorkshire power generator Drax Group said it signed an agreement with Princeton Standard Pellet Corporation (PSPC) to acquire its pellet plant in Princeton, British…





JD Sports hires Régis Schultz as CEO

Bury-based FTSE 100 retailer JD Sports Fashion Plc announced on Tuesday that French businessman Régis Schultz has been appointed as the company’s new chief executive officer….



Speedy Hire names COO Evans as new CEO

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, announced that current chief operating officer Dan Evans will become the firm’s new CEO on…




Bodycote first-half revenue up 14% to £358m

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its first-half revenue rose 14.6% to £358.5 million and profit before taxation rose to £41.6 million from…



CMA probes green claims of Asos, Boohoo, Asda

The Competition and Markets Authority (CMA) announced it is launching investigations into the eco-friendly and sustainability claims made by ASOS, Boohoo and George at Asda about…








THG ends investment option with SoftBank

THG plc, the Manchester e-commerce, beauty and nutrition giant, announced it has terminated its “option and collaboration agreement” with a unit of Japan’s SoftBank Group…



Sheffield’s SIG buys Miers Construction Products

SIG plc, the Sheffield-based international building materials supplier, announced it acquired Miers Construction Products Limited (MCP) for an initial cash consideration of £28 million. A further…


Begbies buys Mantra, property finance brokerage

Manchester-based corporate rescue firm Begbies Traynor Group plc announced the acquisition of Axiom Consulting & Investments Limited and Ellayaan Limited and their subsidiary undertakings, which together trade…


Card Factory CFO Lee to leave next year

Wakefield-based greeting card and gift retailer Card Factory said on Monday that “the board and Kris Lee, chief financial officer, have agreed that Kris will leave…







Avacta’s Daewoong JV completes funding round

Wetherby-based clinical stage oncology drug company Avacta Group plc announced that AffyXell, its joint venture with Daewoong Pharmaceuticals has successfully completed a funding round to advance…


Dechra raises £184m amid acquisition push

Chesire-based international veterinary drugs giant Dechra Pharmaceuticals announced it has agreed to acquire US-based Piedmont Animal Health, Inc for £175 million in cash. Dechra also announced…





Harworth shares up as it targets £1bn

Shares of Rotherham-based property and land regeneration firm Harworth Group rose about 6% on Wednesday after it published a trading update for the six months…



Begbies Traynor revenue up 31% to £110m

Manchester-based corporate rescue firm Begbies Traynor Group plc said its revenue in the year to April 30, 2022, increased 31% to £110 million, 7% of which was…