British Business Bank names Kalisperas as first CIO
The Sheffield-based British Business Bank, the UK’s economic development bank, has appointed Leandros Kalisperas as its first Chief Investment Officer with responsibility for all of…
Read MoreThe Sheffield-based British Business Bank, the UK’s economic development bank, has appointed Leandros Kalisperas as its first Chief Investment Officer with responsibility for all of…
Read MoreSheffield-based green hydrogen and energy storage firm ITM Power said it signed its first contract to sell a NEPTUNE V containerised electrolyser plant to Guttroff GmbH, a…
Manchester-based online fashion firm Boohoo Group is seeking assurances from Mike Ashley’s Frasers Group, the company’s largest shareholder which is pushing for a seat on…
Surrey firm Nurture Group has announced its 50th and largest acquisition to date with the purchase of Oldham-based grounds maintenance and landscaping firm Tivoli Group…
Manchester-based Auto Trader Group plc, which runs the UK’s leading site for new and used cars, said half-year sales and profit grew, as the second-hand…
Mike Ashley’s Frasers Group has published an open letter to the board of fashion retailer Boohoo Group demanding shareholder approval for any asset disposals. Frasers,…
Manchester-headquartered law firm, BBS Law, said it has secured significant investment from private equity firm Aliter Capital in a deal supported by FRP Corporate Finance….
Merseyside-based Vimto maker Nichols plc said current financial year trading remains in line with management expectations. In the medium term, it said it is targeting growth…
Sheffield-based green hydrogen and energy storage firm ITM Power said it has achieved a further 40% iridium loading reduction, reducing the amount of the expensive…
Shares of York-based house building giant Persimmon plc fell as much as 6% after it published an update on trading for the period since July…
York-based Aptamer Group plc, the developer of molecule binding techniques for use in medicine and cosmetics, on Wednesday provided investors with an update on contracts signed…
Surface Transforms, the troubled Knowsley-based maker of disc brakes for supercars, announced that Andrew Kitchingman, non-executive chairman, has resigned with immediate effect. Kitchingman was appointed…
The Port of Blyth (PoB) and Delaware Prosperity Partnership (DPP), the lead statewide economic development organization for Delaware, have signed a cooperative agreement to leverage…
Mayor of Doncaster Ros Jones announced that a bidder to reopen and run Doncaster Sheffield Airport (DSA) has “been identified” with the aim of having passenger…
Gateshead-based IT specialist TSG announced the completion of the acquisition of Aylesbury-headquartered Dayta, one of the UK’s fastest-growing multi-academy trust technology providers. Dayta provides accountancy…
Cubico Sustainable Investments, one of the world’s leading privately owned renewable energy companies, has announced plans for Scout Moor II, a landmark 100 MW onshore…
Hull-based Good Travel Management has merged with CT Travel Group to form a company with £85 million in annual revenue. The move is backed by…
Manchester-based technology training firm Northcoders Group plc said its consultancy brand, Counter, has been accepted onto the G-Cloud 14 framework, the UK government’s public sector…
Sosandar plc, the Wilmslow-based fashion firm run by former magazine publishers Ali Hall and Julie Lavington, has signed a licensing agreement with retailer Next for…
Landsec said it has acquired the remaining 25% interest in MediaCity in Salford from Peel Group “plus the leading television facility dock10 and the 218-bed…
Manchester-based private equity firm NorthEdge said it completed the sale of CMap, the Manchester-headquartered Professional Services Automation (PSA) software business, to London private equity firm ECI. CMap serves…
Radical Forge, the Middlesbrough-based games studio, has raised £2.6 million from NPIF II – Mercia Equity Finance, which is managed by Mercia Ventures as part of…
HW Group — an executive search firm which serves some of the world’s biggest brands — has launched a new Leeds-based finance division to meet…
Leeds-based Asda has confirmed that funds managed by TDR Capital LLP have completed the acquisition of Zuber Issa’s shares in the business. This brings the…
Leeds-based sustainable developer Citu has announced a significant new partnership with The Urban Splash Residential Fund (USRF) and its Investment Adviser SURE Capital Partners, signing a…
The Sutton and Broadhurst families said they completed the sale of their interest in Widnes-based Suttons Tankers Holdings Limited and its trading subsidiary, Suttons Tankers…
Aon plc said it has agreed to acquire Liverpool-based insurance broker Griffiths & Armour. Griffiths & Armour will become wholly-owned by Aon UK Limited. “The combination…
Newcastle-based Accord Healthcare hosted UK Chancellor Rachel Reeves on Friday as she launched a new Life Sciences Innovative Manufacturing Fund (LSIMF) and announced the unlocking of a…
The universities of Durham, Newcastle, Northumbria, Sunderland and Teesside are to launch a fund to invest in their spinout companies. The universities have committed £12.5…
Harrogate-based IT firm Redcentric plc announced that John Radziwill has been appointed as non-executive director of the company as a representative of ND Capital Investments Limited,…
Skipton Building Society has named Hasintha Gunawickrema to its board as non-executive director, subject to regulatory approval. A former Barclays financial analyst, Gunawickrema worked at…
Manchester online fashion firm Boohoo Group has named insider Dan Finley as its new Chief Executive Officer with immediate effect, snubbing billionaire investor Mike Ashley…
Stevenage-based M Group Services said it completed the acquisition of Warrington-based BGEN Ltd, one of the UK’s largest independent technical engineering solutions businesses with a…
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Tees Valley following the launch of the £660 million fund in…
Wakefield-based Team17 Group plc, a developer of video games and educational entertainment apps, has appointed Rashid Varachia to the Board as Chief Financial Officer, and…
Reinsberg Group, the MedTech holding of BHM Group, a Prague-based private equity family office, has acquired the majority stake in Brandon Medical, a Leeds-based company…
Leeds City Council announced that Ed Whiting is set to be appointed as its new permanent chief executive. “Following an extensive recruitment process which ended…
Oldham-based consumer goods firm Ultimate Products reported lower sales and profit for the year, but said it is seeing a revival of growth in international…
Gateshead-based Vertu Motors plc said it has bought Burrows Motor Company Limited to extend its sales network. Vertu, which already has a network of 202…
James Cropper plc, the Kendal-based paper, packaging and materials company, has named David Stirling as its new CEO, taking over from Steve Adams early next…
Runcorn nano-material firm Nanoco Group plc announced the receipt of a notice from the Milkwood Fund, on behalf of 5.6% of the voting rights of the…
Assura plc, the Altrincham-based healthcare real estate investment trust, announced that it is in the process of applying for a secondary inward listing on the main board…
A new report from Manchester-based Co-op Group and cross-party think tank Demos has argued that the UK economy is missing out on £19 billion in…
Manchester online fashion firm Boohoo Group is resisting retail billionaire Mike Ashley’s call to appoint him CEO, saying his presence on the board could raise…
Liverpool-based online retail and financial services firm The Very Group, owned by the Barclay family, said its group revenue declined 1.% to £2.13 billion in…
Applied Nutrition’s shares opened as much as 7% above its initial public offering (IPO) price on Thursday, giving the supplements maker a valuation of £375 million…
Altrincham-based healthcare real estate investment trust Assura plc said it sold 12 assets for cash proceeds of £25 million, enabling it to make a partial…
Mike Ashley has put himself forward to be the next CEO of Boohoo Group plc, in order to solve what he called a “leadership crisis”…
Manchester-based PRS REIT plc, the closed-ended real estate investment trust that invests in new build, family homes in the private rented sector, has announced that it…
Mike Ashley’s Frasers Group has dropped its $111 million bid for Mulberry Group and is now pushing for a seat on the luxury handbag maker’s…
Investment firm Northern Gritstone has led a combined £3.5 million seed round investment into University of Leeds spin-out MicroLub with co-investors LIFTT and NPIF II…
Bilbao-based green energy giant Iberdrola said it has closed the acquisition of 88% of Warrington-based Electricity North West (ENW). Iberdrola said on August 2 it signed…
Hull-based agtech startup Gooddrop is looking to establish itself as a leading player in the vertical farming of cotton, starting with an initial £1 million…
Shares of The Revel Collective, formerly called Revolution Bars Group, fell about 15% after it published results for the 52 weeks ended June 29, 2024, showing…
York-based Aptamer Group plc, the developer of molecule binding techniques for use in medicine and cosmetics, reported lower sales for the year as it experienced…
Sosandar plc, the Wilmslow-based fashion firm run by former magazine publishers Ali Hall and Julie Lavington, said revenue for the full year would likely be…
Runcorn nano-material firm Nanoco Group plc has appointed Dmitry Shashkov as Chief Executive Officer with immediate effect. Shashkov succeeds Brian Tenner, who said in July…
York-based online musical equipment retailer Gear4music plc said sales dipped for the last six month period as it had some issues with a new AI-based…
The board of luxury handbag maker Mulberry Group has rejected the offer by Mike Ashley’s Frasers Group to buy out the whole company at a…
Manchester-based Bruntwood SciTech has welcomed Third Equation, a sustainable research and development company specialising in grid enhancing technology to enable a sustainable electricity grid, to its…
Whitbread, the parent company of the Premier Inn hotel chain, has acquired “a strategically located development site” in Leeds city centre. Whitbread has acquired the…
The University of Manchester said it teamed up with a new national research hub which aims to position the UK as a world leader in…