THG sees profit at low end, may demerge ecommerce
Manchester-based online retailer THG forecast full-year profit towards the lower end of analyst estimates, hurt by the sagging Japanese yen, and said it was pushing…
Read MoreManchester-based online retailer THG forecast full-year profit towards the lower end of analyst estimates, hurt by the sagging Japanese yen, and said it was pushing…
Read MoreCBRE said its lending team has made a £54 million whole loan on behalf of South Yorkshire Pension Fund (SYPF) for Panattoni Park Central A1(M), by…
MEPC, the specialist asset management and development arm of Federated Hermes, has announced the letting of its pioneering office building 4 Angel Square at NOMA,…
Together Financial Services Limited, the Cheadle, Cheshire-based non-bank relationship lender, announced the appointment of Richard Rowntree as CEO and executive director with effect from early 2025….
Rotherham-based land developer Harworth Group plc said its EPRA NDV increased 3.5% to £687 million in the six months to June 30, 2024, with the…
Shares of Manchester-based global cyber security firm NCC Group plc rose as much as 10% after it published an unaudited trading update for the four months…
Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord and leader in the build-to-rent sector, said it welcomes the UK Government’s Renters’ Rights Bill “and…
Sheffield-based green hydrogen and energy storage firm ITM Power plc announced that Amy Grey will join the company as chief financial officer (CFO) and is expected…
Manchester United plc said its loss widened to £113 million in the year to June 30, 2024, from £28.7 million the previous year, partly because…
Pinnacle Holdings US, a subsidiary of Leeds-based PureGym Group, announced that it has entered into an asset purchase agreement (APA) with Blink Fitness which on…
Newcastle-based bakery giant Greggs said its has created a 22 carat gold-plated collection of Greggs-inspired jewellery. “Baked in Gold is the first ever official Greggs…
Sheffield-based British Business Bank, the UK’s economic development bank, said it has made a cornerstone investment of £30 million in Fund II of investment firm Outward…
Leeds-based Jet2 said on Wednesday that former executive chairman Philip Meeson has sold five million ordinary shares in the company to “a limited number of institutional investors” representing…
Manchester-based online fashion firm Boohoo Group plc said it would close its US distribution centre in Pennsylvania and fulfil all US orders from its automated…
Leeds City Council said chief executive Tom Riordan has confirmed his leaving plans after being appointed to a leading UK government role “in driving the…
The city of York welcomed nine million visitors in 2023, an increase of 2.2% on the previous year, acccording to Make It York. Of these…
Barrow-in-Furness marine engineering firm James Fisher and Sons plc said revenue fell for the first half of the financial year, but kept its outlook unchanged…
Salford-based investment platform AJ Bell said Chief Operating Officer Roger Stott will retire and step down as an executive director on 31 December. Stott joined…
Manchester industrial chain and power transmission firm Renold plc said trading was in line with expectations for the first five months of its financial year,…
Altrincham-based healthcare real estate investment trust (REIT) Assura plc has appointed Steven Noble to the newly created role of Chief Investment Officer (CIO). Assura is…
Schneider Electric said it will invest £42 million in a new manufacturing facility in Scarborough, North Yorkshire. “More than 200 jobs will be created to meet…
Leeds-based supermarket giant Asda has announced the launch of a new workplace savings account as an exclusive benefit for its 150,000 staff. The retailer has partnered…
Gentronix – the Alderley Park, Cheshire-based contract research organisation (CRO) that is a world leader in genetic toxicology – has been acquired by Scantox Group of…
Troubled Revolution Bars Group plc said entrepreneur and investor Luke Johnson has been appointed to the company‘s board as non-executive chairman following the retirement of…
James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, announced it completed the sale of Martek Holdings Limited and its subsidiaries to a regional…
The graphic designer who created the Tyne and Wear Metro logo has been honoured with a prestigious award in New York. Margaret Calvert picked up…
Tyneside-headquartered technology consultant Opencast has won a £32.4 million contract to support the UK’s Department for Work and Pensions over the next two years. Under…
York-based online musical equipment retailer Gear4music said trading was in line with expectations ahead of its annual general meeting on Friday. Its shares fell more…
York-based Growth Partner said it completed its £10.5 million investment into Host & Stay, the North Yorkshire holiday let and short term rental management business. Growth…
South Yorkshire-based Xeros Technology Group, which has created new ways of manufacturing and washing clothes that save water and reduce microplastics, said events out of…
Manchester-based digital archive company MirrorWeb said it got a $63 million growth equity investment from U.S. firm Mainsail Partners. The investment will enable MirrorWeb to…
Leeds-based Jet2 plc said year-to-date trading is in line with its expectations, but it is too early to provide definitive guidance on profitability for the…
Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said trading is in line with the board’s expectations for the full year, ahead of…
Sheffield-based builder and developer Henry Boot announced that its land promotion and planning business Hallam Land has secured planning permission on appeal for 290 homes in…
James Cropper plc, the Kendal-based Advanced Materials and Paper & Packaging group, said its trading for the 18-week period ended July 27, 2024, is in…
Skipton International, part of the Skipton Group, has announced the appointment of Eric Barnett as its new chair. Skipton International is a bank that provides Sterling…
Runcorn-based workwear and textile firm Johnson Service Group (JSG) said its profit before tax rose 38.5% to £18.7 million in the six months to June 30 as…
York-based Aptamer Group plc, the developer of novel Optimer binders to enable innovation in the life sciences industry, announced an extension of its partnership with…
Chester-based DataScope Systems, a provider of software and hardware products to the global construction sector, said it has secured investment from growth capital investor BGF. Founded…
Manchester-based PRS REIT plc has pushed back on an attempt to call a general meeting to oust two directors from its board, calling the move…
Gateshead-based Vertu Motors plc said it expects full year adjusted profit before tax to be broadly in-line with current market consensus, although profit for the…
Greater Manchester Pension Fund (GMPF) has provided a loan of £31.3 million to developer-operator Placefirst to support the delivery of affordable rental housing in the…
Sunderland City Council has exchanged contracts with Placefirst, the build-to-rent developer and regeneration specialist, to develop a 165-home neighbourhood at Riverside Sunderland. Situated on Farringdon…
Runcorn nano-material firm Nanoco Group plc confirmed that a European customer would make no follow on orders for materials used in infrared sensing applications and…
Manchester-based PRS REIT announced it received a letter from shareholders holding 17.3% of its stock requesting a general meeting to vote on resolutions to remove two…
Leeds-based transport data analytics firm Tracsis plc said it expected full-year profit to fall after disruptions to its business caused by the UK general election. …
North Yorkshire power generator Drax Group is to pay £25 million into Ofgem’s Energy Industry Voluntary Redress Fund after an investigation by the UK electricity…
The UK’s tax system perpetuates regional inequality by taxing income from labour at a higher rate than income from wealth, according to a new research…
The Port of Tyne said it set a new record in 2023 with 61 cruise ship calls, welcoming 710,000 passengers — a 91% increase compared to…
Brighouse-based Logically, a firm that builds AI to combat harmful online content, announced the acquisition of Barcelona-based AI company Insikt AI. Logically said the acquisition…
Sheffield-based Henry Boot announced that HBD, the group’s property investment and development arm, has completed a £15 million GDV industrial & logistics (I&L) unit at…
A £38 million centre dedicated to developing acceptable and planet-friendly alternatives to animal proteins is to be headed up by the University of Leeds. The…
Merseyside-based Applied Nutrition has confirmed it is “actively preparing” for an initial public offering (IPO) of shares on the London stock market at the end of…
The value of Liverpool City Region’s tourism industry has increased 21% from 2022 to £6.25 billion as visitor numbers increased by 4.4 million from 2022 to…
Bruntwood SciTech has expanded its highly successful Female Founders Incubator, moving it to Cheshire’s Alderley Park, as it looks to tackle the pay gap between…
Deloitte has established a regional equity capital markets (ECM) hub in Manchester for the North West of England, broadening its services to large corporates. With…
A new decommissioning hub at Port of Sunderland is set to play a key role in helping the North East capitalise on a growing industry…
Private equity firm Inflexion announced it has invested in Cleckheaton, West Yorkshire-based Cutwel, a specialist cutting tool distributor, alongside the firm’s management team led by…
Leeds-based private equity firm Endless LLP announced it has successfully exited its investment in Wakefield-based industrial automation company Sewtec Automation to Los Angeles-headquartered Automated Industrial Robotics Inc…
Georgia, US-based Aptean, Inc., a provider of AI-driven enterprise resource planning (ERP) solutions, announced the acquisition of software developer SSG Insight, an enterprise asset management…
JD Sports Fashion plc, the Bury-based FTSE 100 retailer, said sales rose for the latest quarter, helped by strong US and European sales. It left…
Leeds-based PureGym Group has announced changes to its senior management team which include a change of role for CEO Humphrey Cobbold, who will become chair,…