Northern Financial Review

Peel NRE, part of Peel L&P, has submitted detailed plans to Warrington Borough Council by to regenerate Fiddler’s Ferry Power Station. Located on the north…

Manchester-based DSW Ventures, the venture capital arm of the Dow Schofield Watts group, is launching its first Seed Enterprise Investment Scheme (SEIS) fund — aiming…

Sunderland-based furniture and floorings company ScS Group said its revenue increased 2.6% to £147.9 million in the the 26 weeks ended January 28, 2023, while The…

Sheffield-based property investment and construction group Henry Boot plc said its 2022 revenue rose 48% to £341.4 million and profit before tax increased 29.7% to £45.6…

North Yorkshire power generator Drax Group said on Tuesday it will pause its planned £2 billion UK investment in bioenergy with carbon capture and storage (BECCS)…

Sheffield-based specialist engineering group Pressure Technologies announced it is likely the company’s ordinary shares will be suspended from trading on AIM on April 3, 2023. Pressure Technologies…

The Northern Powerhouse Partnership (NPP) has called for mayors and council leaders in the North of England “to retain more local cash as part of…

Lloyds Banking Group has announced plans to move into what it called “the most energy efficient office buildings in Yorkshire” at 11 and 12 Wellington…

Shares of York-based life sciences firm Aptamer Group plc rose about 9% after it announced it has developed a new reagent, Optimer-Fc, for use in automated…

Manchester-based molecular diagnostics firm Yourgene Health plc said it “has agreed” that Barry Hextall, its chief financial officer (CFO), will step down from his role as…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its 2022 revenue rose 20.8% to £743.6 million while profit before taxation increased 23% to…

Doncaster-based DFS Furniture plc reported that its revenue from continuing operations slipped 2.2% £544.5 million for 26 week period ended December 25, 2022, while profit before…

Shares of Alderley Park-based drug development firm Evgen Pharma plc rose about 9% after it announced that new research findings will be presented at the ESMO…

Warrington-based water giant United Utilities announced that Louise Beardmore will take up the role of CEO on March 31, 2023. United Utilities is the UK’s…

Severfield plc, the Thirsk, North Yorkshire-based steel group, said it agreed to acquire Voortman Steel Construction Holding B.V. (VSCH) of Rijssen in the Netherlands for €24 million….

Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, has reported adjusted profit before tax of £90.4 million for 2022, an increase of 23%…

The UK Competition and Markets Authority (CMA) has found that Leeds-based Asda’s £611 million purchase of the Co-op’s 132 petrol stations and attached stores could…

Supreme plc, the Manchester fast-moving consumer products supplier, said it has entered into an agreement for the disposal of the intellectual property (IP) of T-Juice, including the…

Leeds-based piping and ventilation systems firm Genuit Group plc — formerly called Polypipe Group — said on Tuesday its revenue for the year ended December 31, 2022,…

Rotherham-based property and land regeneration firm Harworth Group reported that its statutory net asset value rose to £602.7 million in 2022 from £578 million in…

York-based house building giant Persimmon plc announced the appointment of outgoing Land Securities Group chief operating officer Colette O’Shea and serial technology entrepreneur Alexandra Depledge…

Manchester-based molecular diagnostics firm Yourgene Health plc published a stock exchange update to investors about “the implications of the Silicon Valley Bank (SVB) receivership.” Yourgene Health…

Private equity firm IK Partners announce that its IK Small Cap III Fund has agreed to acquire Chorley, Lancashire-based Ipsum Group Limited from Aliter Capital….

Sheffield-based property investment and construction group Henry Boot plc announced that its land promotion and planning business Hallam Land Management (HLM) has completed the sale of…

Shares of Chesire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, rose about 7% after it published a…

Liverpool City Council said it welcomed the latest update report from the UK government-appointed Commissioners, who are at the halfway stage of their three-year intervention at…

Shareholders of Boohoo have voiced their opposition to its potential £175 million bonus plan for a group of executives in a 37.39% vote against a motion…

SIG plc, the Sheffield-based international building materials supplier, said it returned to profit in 2022 but its shares fell about 7% as its new CEO…

Bruntwood SciTech — a joint venture between Bruntwood and Legal & General — said it will invest a further £60 million into Manchester Science Park…

Co-op Group announced the appointment of Rachel Izzard as Chief Financial Officer and a member of the Co-op Group Board. Izzard has held a number of senior…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said its 2022 revenue increased 42.1% to £385.7 million and adjusted profit before taxation increased 306.4% to £38.2…

Shares of Greater Manchester-based Revolution Bars Group plc fell as much as 15% after it published results for the 26 weeks ended December 31, 2022,…

Northern Gritstone, the investment business focused on university spinouts and technology-enabled businesses in the North of England, has announced an investment in Silveray, a developer…

Shares of Salford-based fashion firm In The Style fell another 77% after it announced plans to sell its only operating subsidiary In The Style Fashion Limited…

Newcastle-based Greggs said its 2022 pre-tax profit rose 1.9% to £148.3 million as total sales rose 23% to £1.513 billion. Total ordinary dividend per share…

Blackburn-based petrol station, restaurant and convenience store giant EG Group announced it has agreed to the sale and leaseback on a portfolio of its sites on the…

Altrincham-based car dealership Lookers plc announced the acquisition of Fourways Vehicle Solutions Limited, a vehicle hire and brokerage business based in Whitchurch, Shropshire. “Founded in…

James Fisher and Sons plc, the Barrow-in-Furness international marine engineering company, said it sold James Fisher Nuclear Holdings Limited (JFN) and related properties to Myneration Limited,…

Newcastle Building Society reported record gross mortgage lending of £1.1 billion for 2022 and record net core residential lending of £586 million. Profit for the…

Bradford-based Yorkshire Building Society announced that its 2022 profit before tax rose 57% to £502.5 million as its savings balances rose £6.5 billion to a…

Shares of Blackburn-based toilet roll and tissue maker Accrol Group rose about 7% after it announced that it entered an agreement with consumer goods giant Unilever…

Manchester-based Co-operative Bank has reported profit before tax of £132.6 million for 2022, an increase of £101.5 million. Total income, which includes net interest income and…

Skipton Building Society said its profit rose 9.9% to £298.8 million in 2022 as its savings balances grew by a record 13.6% to £22.5 billion….

Merseyside-based Vimto and soft drinks firm Nichols plc said its 2022 adjusted profit before tax increased 14.5% to £25 million as revenue increased 14.3% to…

Shares of York-based house building giant Persimmon plc fell about 10% on Wednesday after it slashed its dividend from 235p per share to 60p and…

Manchester-based household products firm McBride said its group revenues rose 31.8% to £426.3 million in the six months ended December 31, 2022, and adjusted loss…

Shares of Benchmark Holdings, the Sheffield-based quaculture genetics, health and nutrition company, rose about 10% after it published results for the three months ended December…

Shares of Bolton-based online electrical retailer AO World plc rose about 30% on Tuesday after it issued a trading update and increased its profit guidance for the…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, said its 2022 sales rose 10.6% to £2.089 billion and profit before tax rose…

The Leeds-based £38 billion Border to Coast Pensions Partnership, one of the largest UK Local Government Pension Scheme (LGPS) pools, has selected four specialist fund managers…

By Mark McSherry More than 11,000 UK government roles have been relocated out of London and across the UK under the Places for Growth programme,…

Essar Group has announced the formation of Essar Energy Transition (EET) to drive “the creation of the UK’s leading energy transition hub in North West…

Australia’s Recharge Industries announced it bought Britishvolt, the collapsed startup which had struggled to fund a major electric vehicle (EV) battery factory in Blyth, Northumberland….

Shares of Chesire-based international veterinary drugs giant Dechra Pharmaceuticals fell about 15% after it reported “unpredictable” trading patterns and said it expects full year underlying operating…

Middlesbrough games developer SockMonkey Studios has been acquired by Behaviour Interactive, Canada’s largest video game studio, for an undisclosed sum. The deal provides an exit…

Leeds Building Society has reported its highest ever annual net savings inflow of £2.1 billion (2021: £1.0bn). Total savings deposits have now passed £17.5 billion (2021:…

Manchester developer Glenbrook said it has handed over High Definition, the £70 million residential scheme in Salford’s MediaCityUK, to Latimer, Clarion Housing Group’s development arm….

Leeds-based transport data analytics firm Tracsis plc published a trading update for the six months ended January 31, 2023, saying revenue is expected to have increased to…

North Yorkshire power generator Drax Group announced that its adjusted earnings before interest, taxes, depreciation and amortization rose 84% in 2022 to £731 million. That’s…

Manchester-based online fashion and home goods retailer N Brown Group announced that Dominic Appleton, formerly of The Very Group, will join the group as chief financial…

By Mark McSherry Alderley Park-based Redx Pharma and Massachusetts-based Jounce Therapeutics have announced a “unanimously recommended business combination” of the two companies via a proposed all…

Leeds-based supermarket giant Asda has announced changes to its senior leadership team, including the appointment of a new Chief Customer Officer and the departure of…

Chester-based identity data company GB Group (GBG) on Tuesday published a trading update on the “challenging conditions for cryptocurrency and our internet economy customers.” The…

Carlisle-based agriculture and engineering firm Carr’s Group said on Tuesday that previously announced board changes “are applicable with immediate effect” as it published a trading update for…

By Mark McSherry The CEO of Sage Group plc, the Newcastle-based FTSE 100 global tech business, has urged the UK government to help fully digitise…

The boards of Newcastle Building Society and Manchester Building Society said they have agreed heads of terms to merge “by way of a transfer of…

Manchester-based Co-op Group has announced that many of its “Best Before” dates on fresh fruit and veg are set to disappear as it axes the…

Sweden’s Pandox AB has acquired the Queens Hotel in central Leeds from real estate investment company Aprirose for about £53 million. The acquisition includes both…

Benchmark Holdings, the Sheffield-based quaculture genetics, health and nutrition company, announced that it has acquired the remaining 10.52% minority interest in its subsidiary Benchmark Genetics Iceland….

Sunderland-based furniture and floorings company ScS Group announced the completion of £7 million of share buyback programmes — representing 10.7% of the firm’s issued share capital….