Gateshead’s Vertu Motors in BMW Motorrad deal
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…
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…
Regulator Ofwat announced that it has closed an enforcement case into Yorkshire Water after the company agreed “a structured plan to strengthen its financial resources…
Sheffield-based affordable house builder MJ Gleeson plc announced that Dermot Gleeson, after 47 years on the board and 28 years as chairman, will step down from…
Sage Group, the Newcastle-based software giant for SMEs, announced it completed the acquisition of Bristol-based Spherics, which it described as “a carbon accounting solution to help…
Shares of Bury-based FTSE 100 retailer JD Sports Fashion plc fell about 10% on Wednesday after it announced that chief financial officer Neil Greenhalgh intends to…
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…
Sunderland-based furniture and floorings retailer ScS Group announced its revenue rose 8.6% to £331.6 million in the year to July 30, 2022, and underlying profit before tax…
The UK’s Competition and Markets Authority (CMA) announced that it proposes to accept an offer from Bradford-based supermarket giant Morrisons to sell 28 McColl’s stores…
Shares of Alderley Park-based drug development firm Evgen Pharma plc soared about 150% on Monday after it announced it licensed the global rights for its lead asset…
Manchester-based Connex One, a cloud-based customer engagement platform, announced it has raised over £93 million for a minority equity stake from investors including technology advisory and…
Manchester-based Co-operative Bank said on Friday it has now attained “full compliance with total capital requirements plus buffers.” Co-operative Bank provides a full range of banking…
Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, told investors on Friday that it expects “the recent strong organic growth in its drug…
Shares of Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, fell as much as 18% on Friday after it published a trading update…
Shares of Skelmersdale, Lancashire-based Victorian Plumbing Group gained some respite on Thursday, rising about 14% amid a positive trading update that was ahead of market expectations….
Shares of Manchester-based online fashion and home goods retailer N Brown Group fell about 15% on Thursday after it reported its first-half profit before tax fell 74.6%…
Shares of Gateshead-based Vertu Motors plc rose as much as 6% on Wednesday after it said it anticipates full year profits will be ahead of market expectations…
Shares of Manchester-based molecular diagnostics company Genedrive rose about 30% after it announced it has commenced engagement with the US Food and Drug Administration (FDA) “to progress…
Shares of Chester-based identity verification company GB Group (GBG) fell almost 20% on Tuesday after it said Chicago-based private equity firm GTCR LLC “is no…
Shares of Newcastle-based Greggs rose about 10% on Tuesday after it published a third-quarter trading update for the 13 weeks to October 1, 2022, showing total sales…
Leeds-based Ligentia Group, a global supply chain manager, announced that its acquisition of Poland-based VGL Solid Group (VGL) is now complete. Ligentia said the deal further strengthens…
North Yorkshire power generator Drax Group has responded to a BBC Panorama story that claimed the company is cutting down environmentally-important forests in Canada. Drax runs…
Bury-based FTSE 100 retailer JD Sports Fashion plc announced it has been selected as Nike’s first European retail partner for its Connected Partnership loyalty programme. “Nike’s…
Manchester-based household products firm McBride plc announced its revenue slipped 0.6% to £678.3 million in the year to June 30, 2022, and it made an…
Manchester-based Co-op Group said on Thursday its first-half revenue was flat at £5.6 billion for the 26 weeks to July 2, 2022, while underlying EBITDA fell to…
Bradford-based supermarket giant Morrisons announced on Wednesday its third-quarter adjusted EBITDA fell to £177 million from £356 million last year “reflecting a number of temporary and…
The UK central bank announced on Wednesday morning it will “carry out temporary purchases of long-dated UK government bonds from 28 September” to avoid “a material…
Shares of Manchester-based online fashion giant Boohoo fell as much as 12% on Wednesday after it said its revenue fell 10% to £882.4 million in…
Wakefield-based greeting card and gift retailer Card Factory said its revenue increased 69% to £198 million in the six months to July 31, 2022, “predominantly due…
Shares of Warrington-based water giant United Utilities fell about 3% on Tuesday after it published a trading update ahead of its half year results on November…
The UK’s Competition and Markets Authority (CMA) said it has imposed fines totalling over £2 million on Bury-based FTSE 100 retailer JD Sports Fashion plc,…
Salford-based investment giant AJ Bell announced on Tuesday that its founder Andy Bell and chair Helena Morrissey will step down from the board after the…
Virgin Money and Skipton Building Society on Monday temporarily withdrew their mortgage ranges for new customers because of the volatility in sterling funding markets, according…
Doncaster Sheffield Airport (DSA) is to close after owner Peel Group said “no tangible proposals have been received regarding the ownership of the airport or…
Chester-based price comparison website Moneysupermarket.com Group Plc announced the appointment of Niall McBride to its board as chief financial officer, subject to regulatory approval. McBride…
Shares of Stockport-based musicMagpie — which allows consumers to buy, rent and sell refurbished consumer technology — fell about 70% on Monday after it published…
The UK pound hit a new 37-year low against the US dollar and UK government bonds sold off sharply on Friday as markets prepared for…
Sunderland-based furniture and floorings retailer ScS Group announced that John Walden will join its board on March 1, 2023, as independent non-executive director and non-executive chair designate….
New research from Manchester-based venture capital firm Praetura Ventures argues that the UK economy is losing out on a potential £92 billion to GDP due…
Shares of Bury-based FTSE 100 retailer JD Sports Fashion Plc fell as much as 8% on Thursday after it published results for the 26 weeks…
Manchester United has announced a loss of £115.5 million for the 12 months ended June 30, 2022, even though revenues rose 18% to £583.2 million. The £115.5…
Manchester-based consumer products company PZ Cussons said it has made a good start to its current financial year, with like-for-like revenue growth of 6.7% to £162.7…
Manchester-based Co-op Group has announced a new leadership structure for its convenience and wholesale operations. After six years with the Co-op, with over five years as…