Genedrive shares fall 20% as loss widens
Shares of Manchester-based molecular diagnostics company Genedrive fell about 20% on Monday after the firm reported a substantially widened pretax loss as revenue slumped due to a lack…
Shares of Manchester-based molecular diagnostics company Genedrive fell about 20% on Monday after the firm reported a substantially widened pretax loss as revenue slumped due to a lack…
Shares of Blackburn-based toilet roll and tissue maker Accrol Group rose about 10% on Monday after it published a strong trading update ahead of its…
Bodycote, the Macclesfield-based heat treatment and thermal processing giant, issued a trading update covering the four months to October 31, 2022. Bodycote said total group revenue…
Shares of MJ Gleeson plc, the Sheffield-based affordable house builder, fell about 7% as it warned of rising cancellations due to a “slowdown” in demand. In an AGM…
Manchester-based Begbies Traynor Group plc said it expects revenue to increase 12% to £58.5 million for the six months ended October 31, 2022. In a…
UK finance minister Jeremy Hunt on Thursday announced a number of tax increases and proposed tighter public spending in his £55 billion Autumn budget plan….
The Office for Budget Responsibility (OBR), a UK government agency, has forecast that living standards in the UK will fall 7% over two years, wiping out eight…
Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, said on Thursday its profit surged in its recent financial year as “record” rental income growth was driven by…
Manchester-based household products firm McBride plc narrowly escaped a revolt by some shareholders over “directors’ authority to allot shares” at its AGM on Wednesday. McBride said…
Manchester industrial chain and power transmission firm Renold plc posted revenue of £116.3 million for the six months to September 30, up 22% from £95.3…
Shares of Sage Group, the Newcastle-based accounting software giant for SMEs, rose about 7% after it reported strong annual revenue growth, though the FTSE 100 firm saw…
Wakefield-based greeting card and gift retailer Card Factory increased its annual profit guidance on a better-than-expected second half so far, helping to send its shares…
Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, reported that its profit fell in the first half of the year amid inflationary pressures on…
Harrogate-based IT firm Redcentric plc said in a trading update it expects its half-year revenue to increase, after five acquisitions were completed between September 2021…
York-based online musical equipment retailer Gear4music said it swung to a loss in the first half of its financial year, amid inflationary pressure on costs…
Leeds-based Isara, a new specialist investor in the food sector, announced the launch of its debut £300 million fund aimed at “improving the efficiency, quality…
Manchester-based consumer products company PZ Cussons said it has agreed a new £325 million committed credit facility, provided by a syndicate of lenders. The new credit facility…
Redrow plc, the Flintshire-based house building giant, reported a 1.7% rise in homes turnover to £650 million for the first 18 weeks of the new financial…
Altrincham-based cloud data integration platform Matillion has announced an investment from US-based Databricks Ventures. Matillion said the strategic investment for an undisclosed amount underpins Databricks’ support…
Manchester-based Co-operative Bank announced that its underlying profit before tax more than tripled to £103.1 million in the nine months ended September 30, 2022. And the…
Here are the views of some of the UK’s leading business analysts on the news published by North of England listed companies on Thursday: Russ…
Liverpool-based FTSE 100 firm B&M European Value Retail S.A. on Thursday backed its annual guidance but reported a first-half revenue fall from its UK business. The retailer…
Manchester-based FTSE 100 firm Auto Trader Group plc on Thursday lifted its interim dividend and posted a first-half revenue jump, but suffered a slight drop…
Rotherham-based IT and engineering consultancy Shift Left announced its acquisition by Planit, an Australian-headquartered engineering and application testing services firm. The move sees Shift Left…
Leeds-based transport data analytics firm Tracsis plc said on Wednesday it will continue to actively pursue further M&A opportunities with a focus on extending its software and…
Doncaster-based DFS Furniture plc announced that John Fallon will be appointed as an executive director and chief financial officer (CFO) of the firm, joining the board…
Widnes-based Esken Limited, the aviation and renewable energy group formerly known as Stobart Group, announced that it is considering “a sale or partial sale” of…
The UK government said it has expanded its “intervention” into Liverpool City Council “to get the city’s finances back on a stable footing and deliver…
York-based house building giant Persimmon plc on Tuesday withheld guidance for 2023, as a recent deterioration in UK market conditions saw increased cancellations of house…
Hertfordshire-based payment services provider PayPoint said on Monday it is buying Liverpool-based prepaid gift card and voucher provider Appreciate Group. The deal values AIM-listed Appreciate…
Manchester City Football Club has released its Annual Report for the 2021-22 season, announcing the “highest-ever revenues and profits in the club’s history.” The club…
Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, announced that finance director Jez Maiden will retire next year after eight years in…
By Mark McSherry Fenway Sports Group (FSG) said on Monday it would consider new shareholders for Liverpool FC, having “frequently received expressions of interest” from…
By Mark McSherry Manchester-headquartered international law firm DWF Group plc announced it agreed to acquire Whitelaw Twining Law Corporation of Vancouver, Canada, and TWK Management…
Doncaster-based DFS Furniture plc said on Friday it was more optimistic about its prospects for the rest of the year after seeing sales volumes increase. DFS…
New UK Business Secretary Grant Shapps has announced a £95 million investment to the Henry Royce Institute headquartered at The University of Manchester. The funding will enable…
UK battery startup Britishvolt announced it has secured a short-term investment to stay in business and staff will take a temporary pay cut while the…
The Bank of England, the UK’s central bank, raised interest rates to 3% on Thursday from 2.25%, its biggest rate rise since 1989. However, the…
Shares of Manchester-based online fashion giant Boohoo fell as much as 9% on Wednesday after broker Liberum downgraded the stock to “sell.” “Boohoo is facing several…
NCC Group, the Manchester-based global cyber security and risk mitigation firm, said in an AGM trading statement it continues to generate double-digit constant currency revenue growth…
By Mark McSherry Liverpool City Region’s export plan has set out an ambitious target to grow its current exports total of £8.5 billion in goods…
Gateshead-based Vertu Motors plc announced it has expanded its partnership with BMW Group to become the largest BMW Motorrad motorcycle retailer in the UK. Vertu has acquired…
Shares of Kendal-based paper products and advanced materials firm James Cropper plc fell about 12% after it published an update on trading for the half year…
Sheffield-based energy storage and clean fuel company ITM Power announced that Motive Fuels Ltd, an equal joint venture between ITM Power and Vitol Ltd, has appointed…
Manchester-based Co-op Group announced the completion of the sale of its non-core petrol forecourt business to Leeds-based Asda for an enterprise value of £611 million. The acquisition…
Bodycote, the Macclesfield-based heat treatment and thermal processing giant, announced the appointment of Rolls-Royce executive Ben Fidler as its chief financial officer (CFO) designate and…
Growth investor BGF announced a successful exit of Manchester bakery firm St Pierre Groupe following its acquisition by Grupo Bimbo, one of the world’s largest…
Mattioli Woods, the wealth and asset management business, said in an AGM statement that its gross assets under management have fallen 7.3% to £4.7 billion in the…
Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, announced that James Bunn has tendered his resignation as chief financial officer (CFO) “to pursue…
Shares of SysGroup plc, the Liverpool-based IT services, cloud hosting and cyber security firm, rose about 13% after it published a strong trading update for the…
Galliford Try’s Building North East and Yorkshire business has been appointed to build a new £65 million manufacturing facility for JDR Cable Systems, in Blyth,…
Liverpool-based online retail and financial services firm The Very Group, operator of digital retailers Very and Littlewoods, announced that its revenue slipped 7.3% to £2.148 billion for 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…
Manchester-based online holiday retailer On the Beach Group plc (OTB) said its group sales were 16% ahead of the 2019 financial year in the 12 months to…
Manchester-based FTSE 100 firm Auto Trader Group plc announced the sale of subsidiary Webzone Limited, which trades in the Republic of Ireland under the Carzone brand….
Shares of Chester-based identity data company GB Group (GBG) fell about 20% after it published an update on its trading performance for the six months…
Sterling rallied on Thursday as Liz Truss said she would resign as UK prime minister after 44 days of chaos. The UK pound was up…
Salford-based investment giant AJ Bell said on Thursday its assets under administration (AUA) closed the year to September 30 down 2% at £64.1 billion “with…
Leeds-based Jet2 plc announced on Wednesday it has entered into a new revolving credit facility (RCF) with Barclays Bank, Lloyds Bank, HSBC UK Bank and National Westminster…
Greater Manchester-based Revolution Bars Group plc announced it completed the acquisition of Peach Pub Company (Holdings) Limited, the operator of 21 premium food-led pubs in the…
Shares of Altrincham-based car dealership Lookers plc rose about 12% after it announced the start of a share buyback programme of up to £15 million…
Shares of Chester-based price comparison website Moneysupermarket.com Group Plc rose about 8% after it reported trading results for the quarter ended September 30, 2022, and…
Wetherby-based clinical stage oncology drug company Avacta Group said it agreed to acquire Kent-based Launch Diagnostics Holdings Ltd. for up to £37 million and that it…
Newcastle-based house building giant Bellway said its underlying profit before taxation rose by 22.5% to £650.4 million in the year to July 31, 2022, as revenue…
Leeds-based Jet2 plc said it ordered 35 new Airbus A320 neo aircraft worth $3.9 billion — with an option to extend this to 71 aircraft worth $8…
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…
The British pound and UK government bonds rose on Monday after new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s economic plan — reversing…
UK prime minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday — and scrapped parts of their economic package that led to turmoil…
By Mark McSherry Chicago-based SP Plus Corporation has acquired Stockport-based KMP Associates Limited, a software and technology provider serving aviation and commercial parking clients throughout…
Salford-based broadband giant TalkTalk Group announced it has completed the purchase of SSE Phone & Broadband from OVO Energy. “The acquisition brings across all the approximately…