Articles by Northern Financial Review



Lancashire’s Victorian Plumbing in £850m IPO

Skelmersdale, Lancashire-based Victorian Plumbing Group plc, an online retailer of bathroom products and accessories, announced on Thursday details of its proposed IPO with a market capitalisation of…









Sunderland sofa firm ScS resumes dividends

Shares of Sunderland-based furniture and floorings retailer ScS Group rose about 10% on Wednesday after it published a positive trading update for the 46 weeks ended June…





On the Beach first-half revenue falls 79%

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Tuesday its first-half revenue fell 79% to £4.4 million “due to suppressed consumer demand…


Bellway order book rises 20.5% to £1.9bn

Newcastle-based house building giant Bellway said on Tuesday its order book has risen 20.5% to £1.8 billion as it published a trading update for the period from…



AJ Bell extends long-term contract with GBST

Investment technology firm GBST has renewed its long-term software contract with Salford-based investment platform AJ Bell. “10 years on, GBST’s award-winning Composer platform will continue to power…




Avacta shares up 18% on EU test approval

Shares of Wetherby-based diagnostics company Avacta Group plc rose another 18% on Friday after it announce that it has received notice of registration of its AffiDX…


Newcastle’s Grainger buys The Forge for £57m

Grainger plc, the UK’s largest listed residential landlord, said on Friday it acquired The Forge, a build-to-rent (BTR) development in the company’s home city of Newcastle, for £57…



Go-Ahead plans dividend amid robust trading

Newcastle-headquartered international rail and bus giant Go-Ahead Group said on Thursday it continues “to work towards paying a dividend at an appropriate level in the 2021…


DFS shares up 10% as order intake soars 92%

Shares of Doncaster-based DFS Furniture rose about 10% on Thursday after it published an update on recent trading through to June 6, 2021, showing its fourth quarter…



Morrisons AGM votes 70% against directors’ pay

More than 70% of shareholders at the AGM of Bradford-based supermarket giant Morrisons on Thursday voted against the company’s directors’ remuneration report. Morrisons called the vote…




Greggs appoints Mohamed Elsarky as director

Newcastle-based Greggs plc announced it has appointed Mohamed Elsarky as an independent non-executive director with effect from June 21, 2021, and that Peter McPhillips will retire…














Bodycote four-month revenue slips to £208m

Macclesfield-based heat treatment and thermal processing giant Bodycote plc said on Thursday its revenue for the four-month period to April 30, 2021, was £208 million,…








Speedy Hire revenue falls 10% to £363m

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said its revenue fell 10.6% to £363.6 million in the year to March 31, 2021, and…








Begbies expects £83m revenue; shares up 8%

Shares of Manchester-based corporate rescue firm Begbies Traynor Group plc rose about 8% on Thursday after it published an update on trading for its financial year ended…



N Brown revenue falls 13% to £729m

Shares of Manchester-based online fashion and home goods retailer N Brown Group fell about 7% on Thursday after it said its revenue fell 13% to…






Manchester’s 247 Money in £305m securitisation deal

Manchester-based 247 Money has announced the completion of the company’s first private securitisation with a facility of up to £305 million, with senior funding from NatWest and mezzanine funding from East Lodge Capital. “The facility will help support a strong pipeline of auto…




TravelSupermarket merges with Icelolly.com

Chester-based price comparison website Moneysupermarket Group said it has agreed to combine its TravelSupermarket business (TSM) with Leeds-based Icelolly Marketing Limited (Icelolly.com) to enable “stronger…