Northern Financial Review

Shares of North Yorkshire-based power company Drax Group have soared almost 20% so far this week on speculation that it could be a takeover target….

Liverpool-based Anexo Group, the AIM-listed credit hire and legal services firm, said on Monday its revenue increased 39% to £78.5 million in the year to December…

The UK said on Monday it plans to sell a record £275 billion of government debt between April and August to pay for the massive…

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said on Monday it issued a £350 million sterling-denominated senior secured bond at a coupon of 3% for…

The FTSE 350 defined benefit (DB) pension solvency deficit increased by £45 billion to £210 billion over the first five months of the year, according…

Troubled Altrincham-based car dealership Lookers plc said on Monday that a draft report by its auditors has identified £19 million “of non-cash adjustments necessary to…

Wakefield-based greeting card and gift retailer Card Factory plc announced on Friday the departure of its CEO Karen Hubbard. Chairman Paul Moody will take on…

Troubled shopping centre operator Intu Properties plc said on Friday it has gone into administration after failing to secure a debt repayment holiday from its…

Manchester-based online fashion giant Boohoo Group plc said on Friday it intends to implement a “management incentive plan” that will pay out up to a…

The Financial Conduct Authority (FCA) said on Friday it has instituted criminal proceedings against three former employees of Harrogate-based IT firm Redcentric Plc, who are…

Manchester-based fashion retailer N Brown Group said its revenue fell 6.1% to £858.2 million in the 52 weeks to February 29 and adjusted profit before…

Sheffield-based video gaming firm Sumo Group plc said on Thursday the coronavirus lockdown restrictions “are positively impacting the group’s underlying market, with video gaming activity…

Manchester-based Auto Trader Group plc — the UK’s largest digital marketplace for cars — said on Thursday its revenue rose 4% to £368.9 million and…

The John Lewis Partnership said on Wednesday it appointed Co-op Group deputy chief executive Pippa Wicks as the boss of its department stores division. Wicks,…

Scandal-hit York house building giant Persimmon plc said on Wednesday it has appointed National Express boss Dean Finch as its new group chief executive. Finch, 53,…

Troubled Altrincham-based car dealership Lookers plc on Wednesday announced big changes to its board “in order to refresh and strengthen … for the long-term future…

Shares of Manchester-based cyber security company NCC Group rose 9% on Tuesday after it issued a trading update saying it is “successfully weathering” the Covid-19…

Shares of York-based online music equipment retailer Gear4music rose 21% on Tuesday after it published results for the year ended March 31, 2020, and reported “exceptionally…

Shares of Ashton-under-Lyne-based healthcare and industrial firm Scapa Group fell about 14% on Tuesday after it said its revenue increased 2.8% to £320.6 million in…

Bury-based retail giant JD Sports Fashion Plc said late on Tuesday it will re-acquire its Go Outdoors subsidiary from administrators Deloitte for £56.5 million and…

Hull-based meat processing giant Cranswick Plc said on Tuesday its revenue rose 16% to £1.67 billion and statutory profit before tax increased 20.2% to £104 million…

Troubled shopping centre operator Intu Properties plc said on Tuesday it has appointed KPMG to plan for a potential move into administration and that it…

Manchester-based consumer brand and technology firm The Hut Group (THG) said on Monday its technology services division THG Ingenuity signed major partnership agreements with global beauty…

Bury-based retail giant JD Sports Fashion Plc said on Monday that director of its Go Outdoors subsidiary have lodged in court a Notice of Intention…

The debt of the UK government at the end of May 2020 was 100.9 % of gross domestic product (GDP), the first time that debt…

Thirsk, North Yorkshire-based steel group Severfield said on June 17 its revenue rose 19% to £327.4 million and underlying profit before tax increased 16% to…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose 12% on Thursday after the company published an update on its collaboration with the University of Glasgow…

The UK’s central bank, the Bank of England, on Thursday increased its bond-buying programme by another £100 billion to help the UK economy recover from…

Shares of Manchester-based online fashion giant Boohoo Group plc rose 7% on Wednesday after it said its first quarter revenue soared 45% to £367.8 million…

Leeds-based retail logistics firm Clipper Logistics said on Tuesday it is in advanced discussions with Arcadia Group Ltd to agree a transportation contract for its store…

Shares of Wakefield-based video game developer Team17 Group rose almost 5% on Tuesday after it published a trading update ahead of results for the six months ended June…

Trade body UK Finance said on Tuesday that banks and lenders have provided £38.2 billion to over 910,000 businesses through the government-backed schemes BBLS, CBILS…

Greggs, the Newcastle-based bakery and “food-on-the-go” retail giant, said on Tuesday it intends to re-open around 800 shops to takeaway customers on Thursday, June 18. …

Sheffield-based affordable housebuilder MJ Gleeson plc said on Monday it expects revenue for the year ending June 30 to fall to £145 million from £249.9 million in the…

North Yorkshire-based power company Drax Group plc said on Friday it has completed a three-year extension to the £125 million Environmental, Social and Governance (ESG) loan…

The UK’s Office for National Statistics said on Friday that UK gross domestic product (GDP) shrank by 20.4% in April in what was the first full…

Shares of Chester-based price comparison website Moneysupermarket Group fell about 6% on Thursday after the firm issued a Covid-19 trading update saying its money business…

Bradford-based supermarket giant Morrisons said almost 35% of votes cast at its AGM on Thursday opposed the company’s remuneration policy.  Investor advisory group ISS had recommended…

Manchester-based McBride plc, the manufacturer of household cleaning products, said on Thursday it appointed Chris Smith as chief executive officer to succeed Ludwig de Mot. McBride said de Mot, who…

Secondary offering sales of company shares have reached £14.7 billion in 135 transactions in the UK for the year to date, according to new analysis from Deloitte. …

Shares of Liverpool-based retailer B&M European Value Retail fell about 7% on Thursday after it published results for the 52 weeks to March 28, 2020,…

Salford-based broadband giant TalkTalk Telecom Group said on Thursday it will maintain its dividend as it published results for the year ended March 31, 2020,…

Harrogate-based equipment rental group Vp plc said on Wednesday its revenue fell 5% to £362.9 million for the year ended March 31, 2020, and that…

Carlisle-based Cumberland Building Society announced its annual results on Wednesday showing its total residential lending increased to £2 billion including £377 million of gross new…

Silsden, West Yorkshire-based Ecology Building Society on Wednesday announced results for the year ending December 31, 2019, showing savings balances up 11.6% at £185.3 million…

Manchester-based consumer brand and technology firm The Hut Group (THG) said on Wednesday its sales rose 24% to £1.14 billion and gross profit increased 22%…

Newcastle-based house building giant Bellway said on Tuesday it sold about 1,000 fewer homes between August 1, 2019, and May 31, 2020, with sales volume dented…

Shares of troubled Altrincham-based car dealership Lookers plc fell about 20% on Monday after it said it will delay publishing its 2019 financial results for…

Shares of Carlisle-based aviation and energy firm Stobart Group fell 31% on Friday after it announced it completed a placing of shares at 40p to raise…

The UK’s Financial Conduct Authority (FCA) on Friday outlined a package of measures designed to “address weaknesses across the defined benefit (DB) transfer market.” The…

Carlisle-based aviation and energy firm Stobart Group late on Thursday published its results for the 12 months to February 29, 2020, and announced a proposed capital…