Articles by Northern Financial Review


SimplyBiz hires new chief financial officer

Huddersfield-based SimplyBiz, a provider of compliance and business services to financial advisers and institutions, said on Wednesday that former Smart Metering Systems executive David Thompson to join…



Walmart completes sale of Asda majority stake

Walmart Inc. said on Tuesday the Blackburn-based Issa brothers and TDR Capital have completed the acquisition of Asda, Walmart’s Leeds-based UK business, for an enterprise…














CEO Brady to leave Esken, former Stobart Group

Esken Limited, the aviation and energy infrastructure group formerly known as Stobart Group, announced that Warwick Brady has tendered his resignation as chief executive and has…









Drax buys Canada biomass firm in $581m deal

North Yorkshire-based power company Drax Group said on Monday it agreed to buy Canada-based Pinnacle Renewable Energy Inc — a producer of sustainable biomass — in a…



On the Beach expects demand to remain weak

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday consumer demand for holidays has remained very weak amid Covid lockdowns as it published…








Polypipe buys Nu-Heat, lifts profit guidance

Shares of Doncaster-based plastic piping and ventilation systems firm Polypipe Group rose about 3% on Tuesday after it announced the acquisition of Devon-based Nu-Heat Holdings Ltd for…













Sofa firm ScS ups H1 sales 14% to £182m

Shares of Sunderland-based furniture and floorings retailer ScS Group rose about 5% on Wednesday after it published a trading update showing gross sales in the 26…



US firm SWM agrees £403m deal to buy Scapa

US resins firm Schweitzer-Mauduit International, Inc. (SWM) said on Wednesday it reached an agreement with the board of Ashton-under-Lyne-based wound care and industrial firm Scapa Group on…


Perspective buys £130m asset firm Atkinson White

Wealth management company Perspective Financial Group Ltd said it has acquired Darlington-based financial planning firm Atkinson White Partnership following the decision of the two founders…


Cussons H1 revenue £313m amid sanitiser demand

Manchester-based consumer products company PZ Cussons said on Tuesday it has experienced “unprecedented growth” in demand for hand wash and hand sanitiser products as it reported…


SimplyBiz reports ‘resilient’ £61m revenues

Huddersfield-based SimplyBiz, a provider of compliance and business services to financial advisers and institutions, said on Tuesday its “resilient” revenues slipped to £61 million in…




Together Financial in £500m bond issuance

Cheadle, Chesire-based Together Financial Services Limited, a specialist mortgage and secured loans provider, announced the issuance of £500 million in 5.25% Senior Secured Notes due 2027…


James Fisher appoints Angus Cockburn chairman

Barrow-in-Furness international marine services company James Fisher and Sons plc said on Monday it has appointed Serco Group’s chief financial officer Angus Cockburn as non-executive chairman…






AJ Bell executives sell another £4m of shares

Salford-based investment platform AJ Bell said on Friday that Bestfield Investments, a person closely associated (PCA) with Fergus Lyons, the AJ Bell Investcentre managing director, sold…






EG fuels IPO talk as Stuart Rose becomes chairman

Blackburn-based petrol station and convenience store giant EG Group has named industry veteran Stuart Rose as non-executive chairman to improve its governance, raising expectations of a stock…


Pets at Home Q3 revenue up 18% to £302m

Wilmslow-based pet and vet retailer Pets at Home Group said on Thursday its third-quarter revenue grew 18% to £302 million in the 12 weeks to December…