Northern Financial Review

Shares of Stockport-based musicMagpie fell about 15% after it was announced that BT Group plc does not intend to make an offer for musicMagpie. Last…

Cheshire veterinary drugs giant Dechra Pharmaceuticals announced that Tony Griffin will step down as an executive director of the company after 12 years of service, with…

SysGroup plc, the Liverpool-based IT services, cloud hosting and cyber security firm, said its revenue fell 3% to £10.96 million in the six months to…

Washington, Tyne and Wear-based spin out firm Advanced Electric Machines (AEM) said it has raised £23 million to scale up production of its electric vehicle…

A Newcastle company that has created a model of a human gut to trial new drugs and foodstuffs without the use of animals has raised…

Shares of Wakefield-based Team17 Group, a developer of video games and educational entertainment apps, fell as much as 40% on Friday after the firm said…

Nissan has confirmed that all three models made at its Sunderland plant will go 100% electric — a move that will lead to £3 billion of…

Leeds-based Jet2 plc said its revenue increased 24% to £4.4 billion and profit before tax rose 47% to £660.5 million in the six months to September…

Skipton Building Society said its group chief financial officer (CFO) Bobby Ndawula has today announced he will be leaving the mutual and that Standard Chartered’s Paul…

Harrogate-based IT firm Redcentric plc said its revenue in the six months ended September 30, 2023, rose 33% to £82 million and its pretax loss…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said revenue slipped 2.9% to £208.5 million in the six months to September 30, 2023. Speedy…

Shares of Blackburn-based toilet roll and tissue maker Accrol Group rose as much as 8% after it published a trading update ahead of its half year…

Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group said its revenue rose 6% to £285.1 million and adjusted profit before tax climbed 29% to £20.3 million…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its revenue for the four month period from July 1 to October 31, 2023, rose 4%…

Newcastle-headquartered Grainger plc — the UK’s largest listed residential landlord — announced it has agreed to enter a partnership with Network Rail and Bloc Group via a joint…

Shares of Sage Group plc, the Newcastle-based FTSE 100 global software business, rose to a record high on Wednesday after the firm announced strong results…

Bolton-based online electrical retailer AO World plc is upgrading its full-year guidance after it swung to a profit of £13 million in the six months ended September…

Northern Gritstone, the investment business focused on university spin-outs and science and technology-enabled businesses in the North of England, announced a £2 million Series A…

Severfield, the Thirsk, North Yorkshire-based steel group, said its revenue fell 8% to £215.3 million in the six months to September 23 but underlying profit before…

Hull-based meat processing giant Cranswick plc said its revenue rose 12.3% to £1.253 billion in the 26 weeks to September 23, 2023, with adjusted profit…

Shares of Stockport-based musicMagpie rose almost 30% after it confirmed it is in “early-stage discussions” with both BT Group plc and Aurelius Group about a possible…

Shares of Manchester-based household products firm McBride rose about 10% after it published a strong trading update ahead of its Annual General Meeting. Amid a consumer…

The UK government has launched England’s third Investment Zone in West Yorkshire focussed on Huddersfield, Bradford and Leeds, which it said will help to create more…

Warrington-based water giant United Utilities said it paid dividends to shareholders of £207 million during the six month period to September 30, 2023, United Utilities said…

Manchester United plc announced that Richard Arnold “has decided to step down” as chief executive officer of the company after 16 years with the club….

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, and AFC Energy plc announced the launch of Speedy Hydrogen Solutions Limited (SHS), their 50:50…

Leeds-based transport data analytics firm Tracsis plc said it continues to actively pursue M&A opportunities “with a focus on extending our software and technology footprint and enhancing…

Shares of Manchester industrial chain and power transmission firm Renold plc rose as much as 7% after it published results for the half year ended…

Leeds-based supermarket giant Asda has updated investors on its Q3 trading performance covering the three months to the end of September 2023, reporting revenues of £5.4…

Shares of York-based online musical equipment retailer Gear4music fell as much as 8% after it published results for the six months ended September 30, 2023. Gear4music…

Blackburn-based petrol forecourt and retail company EG Group announced it has agreed a deal to acquire Tesla’s latest ultra-fast charging units to boost its electric…

Manchester Airports Group (MAG) said it surpassed pre-pandemic traffic levels in October “as passengers made the most of the half-term getaway.” MAG, which owns and…

Rotherham-based property and land regeneration firm Harworth Group announced it has secured planning approval from Leeds City Council for the development of 800,000 sq. ft….

Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose as much as 5% after it announced major changes to its leadership. “As previously communicated, Peter…

Shares of Redrow plc, the Flintshire-based house building giant, fell about 4% after it published an AGM trading update for the 18 weeks ended November 3,…

Shares of Manchester-based FTSE 100 firm Auto Trader Group plc rose about 9% after it announced half year results for the six months ended September 30,…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. said its revenues increased 10.4% to £2.549 billion and statutory profit before tax rose 10.5% to £222 million in the…

York-based house building giant Persimmon plc announced the appointment of Galliford Try executive Andrew Duxbury as its chief financial officer (CFO). Persimmon said in July…

Chester-based identity data company GB Group (GBG) has announced a change in chief executive officer. GB Group, experts in digital location, identity verification and identity…

Shares of York-based house building giant Persimmon plc rose about 6% after it published a trading update for the period from July 1, 2023 to November…

Shares of Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, fell about 30% after it published a trading update for the…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, announced the appointment of Kate…

Leeds-based supermarket giant Asda announced it has completed the acquisition of EG Group’s UK business for an enterprise value of £2.07 billion. “Buying the EG…

Durham-based Atom Bank, the UK’s first app-based bank, said it has raised over £100 million in new equity capital from long-term shareholders BBVA, Toscafund and Infinity Investment…

Northern Gritstone, the investment business focused on university spin-outs and IP-rich businesses in the North of England, has announced a final close of £312 million,…

Bradford-based window and door company Safestyle UK plc said on Friday it has requested that its shares are suspended from trading on AIM with effect from…

Merseyside-based Vimto and soft drinks firm Nichols plc has announced changes to its board. Richard Newman will join the board as a director with effect…

ScS Group, the Sunderland-based furniture and floorings company, said its board has agreed to a takeover offer worth £99.4 million from Italian firm Poltronesofà S.p.A….

Eamonn Boylan has announced his intention to retire as chief executive of the Greater Manchester Combined Authority (GMCA) and chief executive of Transport for Greater…

Shares of Manchester-based household products firm McBride rose about 20% after it published a trading update saying its “favourable trading environment and momentum of the…

AJ Bell plc, the Salford-based investment platform giant, said its customer numbers increased 12% to 476,532 as its assets under administration (AUA) rose 11% to a…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, announced the appointment of Jim Fairbairn as group chief executive to succeed Stephen Harris on his retirement….

LBG Media plc, the Manchester-based parent of Ladbible, announced the acquisition of Betches Media, a US-based media brand “founded by women and focussed on digital media content…

Greater Manchester-based Revolution Bars Group plc said its sales rose 8.4% to £152.6 million in the year to July 1, 2023, “as a result of…

Newcastle-based house building giant Bellway said its revenue slipped 3.7% to £3.4 billion and underlying profit before taxation fell 18.1% to £532.6 million in the…

Shares of Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, rose about 7% after it announced it was selected “as a tier…

Manchester-based Bruntwood SciTech has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to…

ITM Power, the Sheffield-based green hydrogen and energy storage firm, has announced that the company is “commencing bidding into projects” in the US market. “We are…

Several shareholders in Warrington-based Electricity North West (ENWL) are exploring a potential sale of their stakes in the network operator, according to a Reuters report. A…

Cheshire veterinary drugs giant Dechra Pharmaceuticals reported revenue growth of 5.5% to £761.5 million for the year ended June 30, 2023, and said underlying operating…

Shares of SIG plc, the Sheffield-based international building materials supplier, fell more than 10% after it issued a trading update for the three months to September…

Carlisle-based agriculture and engineering firm Carr’s Group announced a trading update for the year ended September 2, 2023, saying its order book has reached a…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, has cut its forecast for full year adjusted profit before tax to between £300 million and…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, has announced the acquisition of two US-based specialist technology focussed businesses for $145 million and outlined…

County Durham family firm the Banks Group announced that its renewable energy division Banks Renewables is being acquired by Brookfield, the Canadian asset manager with…

Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group, said its revenue increased 6% in the year ended September 30, 2023. In a trading update, Victorian Plumbing said: “Revenue…

Shares of Manchester-based online fashion giant Boohoo fell about 10% after it announced results for the six months ended August 31, 2023, showing revenue down…

Newcastle-based Greggs reported that its third-quarter total sales rose 20.8% for the 13 weeks to September 30, 2023, with company-managed shop like-for-like sales up 14.2%….

Warrington-based water giant United Utilities said it has submitted its business plan covering the 2025-30 period, involving £13.7 billion of expenditure and support for 30,000 jobs — 7,000 of…

Pencil Biosciences, based in Alderley Park, Cheshire, has completed a seed financing round of £5.6 million, adding new investors Octopus Ventures, Northern Gritstone and Martlet Capital….