November 2019

Leeds rental development secures £96m loan

Build-to-rent (BTR) developer Moda Living and investor Apache Capital Partners said they secured a £96 million loan from LaSalle Investment Management to kick-start construction on…






Sunderland sofa firm ScS says order intake falls

The chairman of Sunderland-based furniture and floorings retailer ScS Group told the firm’s AGM on Wednesday that “ongoing economic and political uncertainties” are continuing to impact…






















Man Utd debt soars 55% to £384m

New York-listed Manchester United said on Monday its revenue edged slightly higher to £135.4 million in its fiscal first quarter ended September 30, 2019 —…





Peel hails go-ahead for 4,300-job Doncaster plan

Manchester-based regeneration firm Peel L&P said Doncaster Council approved construction of a 3.5 million sq ft advanced manufacturing and logistics development at Doncaster Sheffield Airport…


Stobart Group suspends dividend to invest

Shares of Carlisle-based energy, airports and civil engineering firm Stobart Group fell about 5% on Thursday after it suspended its dividend to conserve cash and…


Brexit takes another bite out of Asda sales

Walmart’s Leeds-based subsidiary Asda — which is considering a future UK stock market listing — said on Thursday that concerns over Brexit “continue to negatively affect customer…










Sirius seeks $600m for troubled Yorkshire mine project

Shares of Scarborough-based Sirius Minerals plc, the firm behind the controversial $5 billion fertilizer mine in North Yorkshire, rose about 9% on Monday as it outlined a new two-stage development plan…