August 2017


New bank backed by Warrington Council opens

The challenger bank backed by Warrington Borough Council has opened for business just more than four months after securing its initial banking licence. Warrington Borough Council…



Co-op in exclusive talks to buy Nisa for £140m

Manchester’s Co-op Group has begun exclusive talks with Scunthorpe-based convenience grocer Nisa to discuss a possible deal to buy the mutually-owned retailer for up to £140 million….



Provident re-hires Gillespie to fix home credit

Shares of troubled sub-prime lender Provident Financial Group rebounded 20% on Friday after it announced it re-hired former executive Chris Gillespie as managing director of its home…


Leeds-based Jet2.com creates 1,700 jobs

Jet2.com — owned by Leeds-based leisure and logistics firm Dart Group — has announced a major recruitment drive with roadshows taking place across the UK to…




TSK to create Kellogg’s HQ at MediaCityUK

Kellogg’s said it appointed workplace specialist TSK to create its new 46,000-square foot UK headquarters in MediaCityUK in Manchester. “The appointment comes as last month…


















DFS shares up as it buys Sofology and refinances

Shares of Doncaster-based DFS Furniture rose almost 5% after it said it agreed to buy Golborne-based sofa retailer Sofology Limited and announced an agreement to refinance its existing borrowings. DFS…


B&M in £152m deal to buy Heron Food Group

Liverpool-based B&M European Value Retail said it is acquiring East Yorkshire-based discount convenience retailer Heron Food Group Limited for up to £152 million. Heron operates predominantly…





Stonegate in £100m offer for Revolution Bars

Manchester-based Revolution Bars Group plc said it received a conditional proposal from Slug & Lettuce owner Stonegate Pub Company Limited to acquire Revolution “on a recommended…




McColl’s deal to take Morrisons wholesale to £1bn

Bradford-based supermarket group Morrisons announced a long-term wholesale supply initiative with convenience retailer McColl’s which it said will take its wholesale supply sales eventually to more than…