2022


THG ends investment option with SoftBank

THG plc, the Manchester e-commerce, beauty and nutrition giant, announced it has terminated its “option and collaboration agreement” with a unit of Japan’s SoftBank Group…



Sheffield’s SIG buys Miers Construction Products

SIG plc, the Sheffield-based international building materials supplier, announced it acquired Miers Construction Products Limited (MCP) for an initial cash consideration of £28 million. A further…


Begbies buys Mantra, property finance brokerage

Manchester-based corporate rescue firm Begbies Traynor Group plc announced the acquisition of Axiom Consulting & Investments Limited and Ellayaan Limited and their subsidiary undertakings, which together trade…


Card Factory CFO Lee to leave next year

Wakefield-based greeting card and gift retailer Card Factory said on Monday that “the board and Kris Lee, chief financial officer, have agreed that Kris will leave…







Avacta’s Daewoong JV completes funding round

Wetherby-based clinical stage oncology drug company Avacta Group plc announced that AffyXell, its joint venture with Daewoong Pharmaceuticals has successfully completed a funding round to advance…


Dechra raises £184m amid acquisition push

Chesire-based international veterinary drugs giant Dechra Pharmaceuticals announced it has agreed to acquire US-based Piedmont Animal Health, Inc for £175 million in cash. Dechra also announced…





Harworth shares up as it targets £1bn

Shares of Rotherham-based property and land regeneration firm Harworth Group rose about 6% on Wednesday after it published a trading update for the six months…



Begbies Traynor revenue up 31% to £110m

Manchester-based corporate rescue firm Begbies Traynor Group plc said its revenue in the year to April 30, 2022, increased 31% to £110 million, 7% of which was…









Redrow plans £100m share buyback

Redrow plc, the Flintshire-based house building giant, announced on Thursday that it will commence a share buyback programme for up to £100 million. Redrow shares…








AJ Bell makes big investment appointments

Salford-based investment giant AJ Bell announced that former Avellemy Investment Management executive Alena Kosava has joined the business as head of investment research, with Ryan…






Surface Transforms revenue soars 240% in H1

Shares of Liverpool-based high performance car brake disk manufacturer Surface Transforms plc soared as much as 10% on Wednesday after it published a trading update for the…








Croda completes £667m divestment, transition

Croda International, the Snaith, East Yorkshire-based FTSE 100 firm, said it has completed the £667 million divestment of the majority of its performance technologies and industrial…




Morrisons second quarter sales fall 6.4%

Bradford-based supermarket giant Morrisons announced on Wednesday its like-for-like sales fell 6.4% in its second quarter but improved towards the end of the period. Nonetheless, revenue…


Avacta shares up 11% amid drug trial news

Shares of Wetherby-based clinical stage oncology drug company Avacta Group plc rose 11% on Wednesday after it announced that the first-in-human Phase I trial of…




B&M quarterly revenue slips 2.2% to £1.16bn

Liverpool-based B&M European Value Retail said its first quarter group revenue declined 2.2% to £1.161 billion on a constant currency basis “but with an improving trend during…





Cussons expects £590m revenue

Shares of Manchester-based consumer products company PZ Cussons rose about 3% on Monday after it issued a trading update for the year ended May 31, 2022,…


Skipton hires HSBC’s Stuart Haire as CEO

Skipton Building Society announced that Stuart Haire, currently CEO of Wealth and Personal Banking at HSBC UK, will become Skipton’s new group chief executive at the…




Newcastle’s Grainger in £128m build-to-rent deal

Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, has agreed to acquire its third build-to-rent investment in Bristol for £128 million. Grainger said it has exchanged conditional…




Gear4music revenue slips 6% to £147m

York-based online musical equipment retailer Gear4music said its revenue fell 6% to £147.6 million in the year to March 31, 2022, when measured against an “exceptional…



UnitedHealth buys £1.2bn Leeds-based EMIS

Leeds-based healthcare software and systems firm EMIS Group has agreed to be bought by Optum Health Solutions (UK) Limited, a unit of UnitedHealth Group, in an all-cash deal that…



Moneysupermarket CFO Grimble moves to Deliveroo

Chester-based price comparison website Moneysupermarket.com Group’s chief financial officer (CFO) Scilla Grimble is to leave the firm to become CFO at Deliveroo. Deliveroo said Grimble is…


Boohoo shareholders revolt on executive pay

Many shareholders of Manchester-based online fashion giant Boohoo voted against the firm’s directors remuneration report and a new long term incentive plan at the AGM…