Articles by Northern Financial Review








Endless buys corporate travel firm CTI

Leeds-based private equity investor Endless LLP said it acquired a majority stake in Manchester-based business travel management company CTI for an undisclosed sum. The deal,…





Manchester Airports Group revenue up to £838m

Manchester Airports Group (MAG) said its revenue rose 7.7% to £838.4 million and operating profit before significant items rose 9.1% to £210.2 million in the 12 months ended March…




Lake District wins World Heritage List status

Cumbria’s Lake District has been added to UNESCO’s World Heritage List. “Located in northwest England, the English Lake District is a mountainous area, whose valleys have…


Cochrane becomes interim CEO Of Carillion

Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…





Persimmon H1 revenue up 12% to £1.6bn

York-based house builder Persimmon said its revenue grew 12% to £1.66 billion in the six months to June 30 and that “consumer confidence remains resilient…




UKW buys Grimsby wind farm for £47m

Greencoat UK Wind plc (UKW) said it acquired Bishopthorpe Wind Farm near Grimsby from BayWa r.e. for about £47 million. Bishopthorpe has a capacity of…




£180m West Yorkshire transport plan approved

More than £180 million of investment in West Yorkshire Plus Transport Fund schemes in Bradford, Calderdale, Kirklees, Leeds and Wakefield was approved at Thursday’s meeting…














Revenue up 19% to £249m at Harrogate’s Vp

Harrogate-based specialist equipment rental group Vp plc said revenue grew 19% to £248.7 million and statutory profit before tax rose to £30.3 million from £27.5 million in the…


Revenue falls to £331m at Hull’s KCOM

Hull-based communications firm KCOM said its revenue fell 5.15% to £331.3 million in the year to March 31 “due to the continuing decline of legacy network…


WYG appoints new CEO as revenue hits £152m

Leeds-based WYG, the AIM-listed project management consultancy, announced the appointment of a new chief executive as it unveiled results for the year to March 31, 2017, showing revenue up 14% to…


Leeds-based Endless buys recruiter Affinity

Leeds-based private equity investor Endless said it acquired CER Staffing Solutions Limited, trading as Affinity Workforce, from Capita plc for an undisclosed price. With revenues of £140…


Sage, Standard Life in pension auto enrolment venture

Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…




United Utilities profit £623m on £1.7bn revenue

Warrington-based United Utilities, the UK’s largest listed water company, said underlying operating profit rose £19 million to £623 million on revenue down £26 million to £1.704 billion in the year to March 31….



£62m MBO at Lancaster sign media firm Metamark

Private equity firm Primary Capital Partners announced the completion of a £62 million management buyout of Lancaster-based sign vinyl and digital print media firm Metamark (UK) Limited…









On the Beach revenue up 7.3% to £38.1m

Stockport-based beach holiday online retailer On the Beach Group said its revenue increased 7.3% to £38.1 million and profit before tax soared 33.8% to £9.9 million in the…



Chester’s GB Group to buy PCA Predict for £74m

Chester-based identity data company GB Group said it conditionally agreed to acquire address validation firm PCA Predict for a total of £73.85 million. “The £73,852,423 total consideration…


Revenue at York’s Gear4music up 58% to £56m

Shares of York-based Gear4music, the online retailer of musical instruments and equipment, rose 4.55% after it said revenue jumped 58% to more than £56 million and underlying operating profit soared…










Far East Consortium to deliver £1bn Northern Gateway

Far East Consortium International Limited (FEC) said it has been selected to work with the Manchester City Council to deliver the “Northern Gateway” — possibly the largest residential regeneration project ever…


N Brown profit falls to £58m on £901m revenue

Manchester-based specialist fit fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said its group revenue rose 4% to £900.7 million in the 53 weeks…


Boohoo.com revenue soars 51% to £294.6m

Manchester-based online fashion retailer boohoo.com said its revenue rose 51% to £294.6 million and profit before tax soared 97% to £30.9 million in the year to February 28,…