LHV UK Limited, a subsidiary of Estonian banking group LHV Group, announced it has has made an offer to acquire the £17.9 million small and…

Manchester-based Bank North, the new regional business bank for small and medium enterprises (SMEs), has announced the internal promotion of two senior team members to…

Manchester-based Bank North, the new regional business bank for small and medium enterprises (SMEs), has made a raft of executive appointments as it ramps up…

Manchester-based Bank North announced it has grown its team further, including the addition of Neil Boycott as head of credit risk, as it continues to…

Manchester and London-based OakNorth — a digital bank for entrepreneurs — has published its latest annual report showing that its pre-tax profit rose 23% to £187.3 million…

Lloyds Bank said it has made a further investment in its corporate and institutional banking team in the North West of England. The Manchester-based team,…

The UK’s central bank, the Bank of England (BoE), announced that it intends to create a new northern hub in Leeds “as part of an…

Durham-based Atom Bank, the UK’s first app-based bank, said it has bought 25 acres of newly planted broadleaf woodland in Northumberland in a “significant investment” in…

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,…

Former journalist Sebastian Walsh is to become the newly appointed “Head of Leeds” for the UK central bank, the Bank of England. The appointment follows…

Manchester-based technology training firm Northcoders Group plc said it experienced record demand in the first half of 2024 “delivering a 26% increase in revenues during the period…

The North East Business and Innovation Centre (BIC) said research has revealed it has provided a £2.5 billion boost to the region’s economy since opening…

County Durham-headquartered energy, property and mining firm the Banks Group said it delivered a “robust performance” in 2023 across all of its business areas in…

Middlesbrough-based GB Bank, which specialises in funding property projects for SME property developers and investors, has secured £85 million of additional capital from new investor Hera…

The Bank of England — the UK’s central bank — said it is set to increase its presence in Leeds for an expanded and permanent…

Sheffield-based British Business Bank, the UK’s economic development bank, said it has launched its new £660 million Northern Powerhouse Investment Fund II to cover “the entire”…

The Leeds-based UK Infrastructure Bank has announced a £200 million loan to support the development of AESC’s gigafactory in the North East of England. The…

Newcastle-based venture capital and social investment firm Northstar Ventures has launched its first Enterprise Investment Scheme (EIS) fund, the Northstar EIS Growth Fund, which is now open for subscriptions….

Sage Group plc, the Newcastle-based FTSE 100 global software giant, has published research by the London-based Centre for Economics and Business Research (CEBR) that shows the…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, announced the appointment of Kate…

Northern Gritstone, the investment business focused on university spin-outs and IP-rich businesses in the North of England, has announced a final close of £312 million,…

Several shareholders in Warrington-based Electricity North West (ENWL) are exploring a potential sale of their stakes in the network operator, according to a Reuters report. A…

County Durham family firm the Banks Group announced that its renewable energy division Banks Renewables is being acquired by Brookfield, the Canadian asset manager with…

The Northern Powerhouse Investment Fund (NPIF) said it has surpassed a “significant milestone” facilitating the investment of more than £1 billion for businesses in the…

Northcoders Group plc, the provider of software coding training programmes, announced it has successfully secured further funding from its UK Department for Education Skills Bootcamps Wave 4…

Northumbrian Water Limited (NWL) said its operating profit increased from £188.3 million to £211.6 million in the year to March 31, 2023 — but higher finance…

By Mark McSherry A £660 million investment fund to support the growth of small and medium-sized businesses (SMEs) across the North of England is on course to be…

Manchester-based DSW Ventures, the venture capital business of the Dow Schofield Watts group, has announced the successful first close of its debut Seed Enterprise Investment…

Shares of Newcastle-based building services firm Northern Bear plc rose about 30% after it published an update on its corporate strategy, dividend policy and trading…

Northern Gritstone, the investment business focused on university spin-outs and technology-enabled businesses in the North of England, has secured a new capital commitment of £30…

Leeds-based UK Infrastructure Bank (UKIB) said it has been established as an “enduring institution” with key legislation receiving Royal Assent. “The UK Infrastructure Bank Act has been…

Manchester-based DSW Ventures, the venture capital arm of the Dow Schofield Watts group, is launching its first Seed Enterprise Investment Scheme (SEIS) fund — aiming…

Lloyds Banking Group has announced plans to move into what it called “the most energy efficient office buildings in Yorkshire” at 11 and 12 Wellington…

Knaresborough, North Yorkshire-based modular housebuilder ilke Homes said it raised £100 million from new and existing shareholders following successive years of triple-digit growth. It said the…

The UK central bank, the Bank of England, has “delayed” plans to move hundreds of staff from London to Leeds, as the economic turmoil slows the…

Shares of THG plc, the Manchester e-commerce, beauty and nutrition firm, rose as much as 20% on Tuesday after the troubled online retailer revealed the key…

Shares of THG plc, the Manchester e-commerce, beauty and nutrition firm, rose about 13% after SB Northstar LP, a trading arm of Japan’s Softbank, agreed to…

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…

Shares of Manchester-based household products firm McBride plc rose as much as 10% after it announced that its banking group has waived June 2022 covenant tests…

Greater Manchester-based Freedom Fibre said it has secured £100 million of scale-up funding as the first step in its rollout in the North West of England….

Northern Gritstone, the new investment business focused on university spin-outs in the north of England, has announced a first close of £215 million. With plans…

Manchester-based Co-op Bank on Thursday published a first quarter trading update for the three months ended March 31, saying it made profit before tax of £30.5 million, up…

Manchester-based Co-operative Bank Finance has announced it will begin marketing £200 million of potential green bonds. “The Co-operative Bank Finance p.l.c. will today begin marketing a…

Northern Gritstone, the new university spin-out investment business based in the north of England and chaired by Jim O’Neill, has announced the appointment of Marion…

The Northern Powerhouse Investment Fund (NPIF) announced it completed over 300 deals in 2021 with a value of £87 million “with an additional £145 million…

Manchester-based Co-operative Bank — recently rebuffed by Spain’s Banco Sabadell in an audacious £1 billion approach for its TSB Bank subsidiary — on Friday posted a third…

UK finance minister Rishi Sunak has announced £660 million of government funding for the second Northern Powerhouse Investment Fund (NPIF), to be delivered by the…

The Northern Powerhouse Investment Fund (NPIF) announced it has invested over £100 million into more than 270 Northern businesses across nearly 400 transactions since the…

Northumbrian Water Limited (NWL) has reported it made a profit of £70.1 million as its revenue fell by £142 million to £758.4 million in the year…

Northern Gritstone, the new investment company founded by the Universities of Leeds, Manchester and Sheffield has named its leadership team, with Caledonia Investments executive Duncan…

The UK’s Department for Transport (DfT) announced it plans to create a second HQ in Birmingham and a northern hub in Leeds as part of…

Leeds City Council and the Leeds City Region Enterprise Partnership have welcomed the news that Leeds will be the home of the UK’s first-ever infrastructure…

Manchester-based Co-operative Bank, which recently ended talks on a possible sale of the company,  said on Thursday it made a statutory loss before tax £103.7 million in…

The UK government and its central bank announced a fresh wave of co-ordinated economic stimulus on Thursday. The Bank of England increased its bond-buying programme…

North Yorkshire-based power company Drax Group said on Monday it is preparing to raise €250 million via a bond sale. In a stock exchange statement, Drax said:…

The number of private equity deals in the North of England rose 17% in 2019 with 46 completed transactions compared with 39 in 2018. However,…

Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…

Deutsche Bank said on Thursday it sees a 55% chance that UK Prime Minister Boris Johnson’s Brexit deal will be rejected by the UK Parliament…

Durham-based mobile technology bank Atom said on Monday it raised another £50 million in a fundraising round with participation from existing investors BBVA, Toscafund, Woodford…

Glasgow-based banking group CYBG confirmed on Wednesday it will retire its 175-year-old Clydesdale and Yorkshire Bank brands and rename itself Virgin Money UK by the end of…

UK Asset Resolution (UKAR), the so-called “bad bank” set up in the UK to manage the debts of failed banks Northern Rock and Bradford &…

Manchester-based invoice finance firm Secure Trust Bank Commercial Finance said on Thursday it has increased its lending balances by 54% with £194.7 million invested in…

CYBG plc, owner of Clydesdale and Yorkshire Bank, said it lent more than £2 billion to small and medium sized businesses (SMEs) in 2018. This…

ScottishPower — a subsidiary of Basque energy giant Iberdrola — may compete against foreign infrastructure investment funds in the race to buy £2 billion Warrington-based electricity…

Caledonia Investments plc said on Monday it acquired a majority stake in Hunmanby, North Yorkshire-based Deep Sea Electronics Ltd in a transaction that values the business…

UPDATE 5 — Clydesdale and Yorkshire Bank owner CYBG said on Monday it finally clinched an all-share deal to take over Newcastle-based rival Virgin Money in…

Shares of Newcastle-based building services firm Northern Bear plc rose 15% on Wednesday after it produced a trading update for the year to March 31,…

Barclays has launched a new £500 million growth fund for small and medium-sized businesses in the North of England as part of the bank’s commitment…

Rotherham-based real estate and brownfield regeneration firm Harworth Group plc announced the acquisition of four strategic sites across the North of England and the Midlands for…

Swiss private bank Julius Baer, which is opening new offices in Manchester, Leeds and Scotland, said a number of new key hires have joined the…