Northern Financial Review

Shares of Manchester industrial chain and power transmission firm Renold plc rose about 6% after it announced that Renold Couplings, part of the company’s Torque Transmission…

Assura plc, the Warrington-based healthcare real estate investment trust (REIT), has reported a portfolio of 607 properties with an annualised rent roll of £141.6 million….

Doncaster-based DFS Furniture plc announced that its order intake for the 26-week period to December 25, 2022, was up 10.6% compared to the pre pandemic FY19 period — but…

Sheffield-based affordable house builder MJ Gleeson plc said it completed the sale of 894 homes during the half-year to December 31, about 4.1% fewer than the…

Wakefield-based greeting card and gift retailer Card Factory has announced the appointment of Matthias Seeger as its chief financial officer “after an extensive search process.” Seeger…

Manchester-based online fashion and home goods retailer N Brown Group said in a trading update that revenue was down 7.6% in the 18 weeks to December…

Shares of York-based house building giant Persimmon plc rose as much as 9% to £14.10 on Thursday as it announced it is offering new customers a…

Shares of Liverpool-based Surface Transforms plc fell about 7% after it published a trading and operations update for the year to December 31, 2022, showing that…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) announced its expects to announce full year revenue of £385 million, up from £271.4 million in 2021. In a…

Shares of Altrincham-based car dealership Lookers plc rose about 4% on Wednesday after it published a full year trading update showing a “strong finish to 2022”…

Merseyside-based Vimto and soft drinks firm Nichols plc said its revenue increased 14% to £164.9 million in the year to December 31, with second half…

Shares of Bury-based FTSE 100 retailer JD Sports Fashion plc rose about 6% on Wednesday after it published a “particularly impressive” trading update on its performance…

Wilmslow-based fashion firm Sosandar plc has reported revenue of £11.6 million for the three-month period ended December 31, 2022, up 30% year-on-year and a new record…

Manchester-based drug discovery company C4X Discovery Holdings plc announced the appointment of Nick Ray as its chief scientific officer (CSO) with immediate effect.  Ray joined C4XD in…

Shares of Supreme plc, the Manchester fast-moving consumer products supplier, rose about 12% on Tuesday after it published a strong trading update for the three months ended…

Shares of Wakefield-based greeting card and gift retailer Card Factory rose about 5% on Tuesday after it said trading was ahead of expectations as it announced…

Sunderland-based furniture and floorings company ScS Group announced it has acquired the brand, domain names, website, intellectual property and stock of Snugsofa.com (Snug) from the…

SIG plc, the Sheffield-based international building materials supplier, said its 2022 underlying operating profit is expected to almost double from £41 million to £80 million,…

Shares of Bolton-based online electrical retailer AO World plc rose about 11% on Tuesday after it published an unscheduled trading update for its third quarter, the three…

UK battery startup Britishvolt said on Monday it is in talks with a consortium of investors about selling a majority stake in the company. Britishvolt…

Shares of Manchester-based novel nanomaterials firm Nanoco Group plc fell more than 25% on Monday after the firm published a further update on its proposed litigation…

Shares of Stockport-based musicMagpie — which allows consumers to buy, rent and sell refurbished consumer technology — rose about 11% after it announced a new offering…

Shares of Manchester-based online fashion and home goods retailer N Brown Group rose about 8% after it announced that full and final settlement has now been…

Shares of Manchester-based novel nanomaterials firm Nanoco Group plc rose about 40% on Friday after it announced that “a term sheet for a no fault…

Northern Gritstone, the investment business dedicated to supporting university spin-outs and start-ups in the north of England, said it has appointed Andy Naylor as an…

Newcastle-based Greggs said its 2022 sales rose 23% to £1.513 billion and its like-for-like (LFL) sales in the fourth quarter rose 18.2%. “Seasonal lines were in high…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. on Thursday upgraded its full-year profit forecast after a strong third quarter and said it will pay…

Carlisle-based agriculture and engineering firm Carr’s Group confirmed on Wednesday that its shares will be temporarily suspended with effect from 7.30am on January 4, 2023, amid…

Legal & General Capital announced that it committed around £5 billion towards “levelling up” the UK’s towns and cities across 2022, driving regional economic growth,…

York-based life sciences firm Aptamer Group plc on Tuesday warned it may miss its full-year revenue target, as headwinds continued into the new financial year….

Shares of Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group rose about 5% on Tuesday after it announced it signed a 20-year lease for a new 544,000…

London-based investment firm RDCP Group has acquired Chorley, Lancashire-based Pexion Group, one of the UK’s largest precision engineering groups, at a £34 million valuation. The…

Sheffield-based affordable house builder MJ Gleeson plc confirmed on Tuesday that its new chairman and chief executive officer have started in their roles. James Thomson succeeded Dermot…

One of the first big corporate statements of 2023 will come from Newcastle-based Greggs on Thursday, January 5, when the firm publishes a fourth quarter…

James Fisher and Sons plc, the Barrow-in-Furness international marine engineering company, said it agreed to sell the Subtech Swordfish Dive Support Vessel to Seamec Limited, a…

By Mark McSherry More than 56,000 jobs were created, almost £6 billion of investment generated, and almost £12 billion turnover achieved in 2020-21 by spin-out…

Chesire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, on Thursday published a strong trading update for the six…

The UK’s accounting watchdog the Financial Reporting Council (FRC) said it fined Deloitte LLP more than £900,000 over its audits of SIG plc, the Sheffield-based international…

Shares of Manchester-based molecular diagnostics firm Yourgene Health plc fell about 14% on Wednesday as the firm reported that its interim loss widened amid anticipation that…

Wilmslow-based pet and vet retailer Pets at Home Group has announced a number of board changes, including the appointment of former Asda CEO Roger Burnley…

Shares of Burnley-based Velocity Composites plc soared as much as 70% on Tuesday after it announced the signing of a five-year Work Package Agreement (WPA) with…

NCC Group, the Manchester-based global cyber security firm, announced it agreed a new four-year £162.5 million multi-currency revolving credit facility maturing December 2026. The facility “together…

Shares of LBG Media plc soared as much as 15% on Monday after the company reported “a robust performance in the second half of the…

Altrincham-based car dealership Lookers plc announced that chairman Ian Bull has notified the board that he will step down for personal reasons with effect from…

James Fisher and Sons plc, the Barrow-in-Furness international marine engineering company, announced the sale of three businesses in two separate transactions. It said Mimic and the…

Bury-based FTSE 100 retailer JD Sports Fashion plc announced it is simplifying its branded fashion offer through the divestment of 15 UK non-core fashion businesses to Frasers…

Shares of Alderley Park-based Redx Pharma rose as much as 8% after it announced it entered into a clinical trial collaboration and supply agreement with MSD…

Halifax said on Friday it expects UK house prices to fall next year by around 8% as rising interest rates push up mortgage costs and…

Cheadle, Chesire-based Together Financial Services Limited, a non-bank relationship lender, announced the launch of its new £467.4 million, Fairway Asset Backed Securitisation 1 Limited (FABS) facility….

Private-equity firm Sun European Partners has agreed a deal to buy Bolton-based K3 Capital Group that values the SME advisory services firm at about £271 million,…

The UK central bank, the Bank of England, raised its key interest rate to 3.5% from 3% on Thursday, its ninth rate rise in a row….

Manchester-based drug discovery company C4X Discovery Holdings plc on Thursday said its annual loss widened, but it remains positive in its outlook, citing a partner programme…

Carlisle-based agriculture and engineering firm Carr’s Group on Thursday announced the appointment of David White to its board as chief financial officer designate.   White will…

Leeds-based property investor and car park operator Town Centre Securities (TCS) on Thursday said it will promote development director Craig Burrow to the role of…

North Yorkshire power generator Drax Group said it is considering more global opportunities for deployment of its operations in BECCS — bioenergy with carbon capture and…

Bradford-based window and door company Safestyle UK announced that its chief executive officer Mike Gallacher has stepped down from the board and will leave the…

Almost one in five (19%) investors on the AJ Bell platform plan to use money from their ISA, pension or investment account to help family…

Soft drinks giant Britvic announced that it has appointed former Greggs chair Ian Durant as an independent non-executive director and chair designate, with the appointment…

UK inflation fell more sharply than expected in November after hitting a 41-year high high in October. The annual rate of consumer price inflation (CPI)…

Northcoders announced that its Business Solutions division has been awarded a significant new contract with R² Factory, part of Rolls Royce Group, to run a…

Begbies Traynor Group on Tuesday said its half-year profit soared as revenue also grew by double digits in both of its divisions, while it declared…

Manchester-based Co-operative Bank announced on Tuesday the completion of a “buy-in” transaction of the segregated section of the Co-operative Pension Scheme (Pace) sponsored by the…

Sosandar plc, the Wilmslow-based fashion firm run by former magazine publishers Alison Hall and Julie Lavington, said its revenue increased 72% to £21 million in…

Wain Estates has submitted plans for a new industrial and logistics hub called The Junction to provide 1 million sq. ft. (95,000sq m) of employment space…

Financial planning firm Benchmark Capital, part of Schroders Group, said it agreed to acquire a 51% shareholding in Harrogate-based Oculus Wealth Management, subject to FCA…

Microsoft is to take a 4% equity stake in London Stock Exchange Group (LSEG) as part of a 10-year commercial deal to migrate the exchange operator’s data…

South Yorkshire Pensions Authority (SYPA) said it invested £80 million via local development loans into the local economy in 2022 “as part of the organisation’s…

Bradford-based supermarket giant Morrisons said it completed a £220 million sale and leaseback transaction with asset manager ICG. The transaction involves seven logistics properties around the…

Manchester United has raised its fiscal 2023 total revenue guidance on the back of strong matchday revenue. The club said it expects total revenue in…

Manchester-headquartered international law firm DWF Group plc said its profit increased in the first half of its financial year, with revenue growth in both Legal…