Directors buy Leeds’ Steeper Group from Dunedin
Leeds-based prosthetics and orthotics company Steeper Group has undergone a management buyout with two directors — CEO Paul Steeper and finance director John Midgley — acquiring the business from…
Leeds-based prosthetics and orthotics company Steeper Group has undergone a management buyout with two directors — CEO Paul Steeper and finance director John Midgley — acquiring the business from…
The Northern Powerhouse Partnership (NPP) said in its first report the Northern economy has the potential to benefit from £100 billion gross value added and 850,000…
Wisconsin-based Kohler Co. said its power group acquired Merseyside-based Clarke Energy Ltd., a multinational specialist in the engineering, construction, installation and maintenance of engine-based power plants. Knowsley-based…
Johnston Press — owner of The Yorkshire Post, The Scotsman and the i newspaper — said in a trading statement that although its revenue fell…
The UK’s central bank has increased its central expectation for UK growth in 2017 to 2% — up from its November forecast of 1.4% — and expects…
Better connected ports and airports in the North of England could release massive potential benefits for trade and business growth, a report from an independent…
Nasdaq-listed Gateshead company Sevcon, which makes components for low carbon vehicles, said the influential Institutional Shareholder Services (ISS) recommended that Sevcon stockholders vote for all the incumbent directors who are…
Chesire-based NWF Group plc, the agricultural and distribution business that delivers feed, food and fuel across the UK, said half year revenue to November 30 was…
Newcastle-based marketing and communications agency Drummond Central said it acquired digital specialists CoalFace, also based in The Toon, to boost its digital business. Drummond Central said CoalFace’s nine-strong…
Ken Morrison, who built a small Bradford-based family business into the major UK grocery retailing chain Morrisons, has died aged 85. Morrisons chairman Andrew Higginson said: “I…
Shares of Manchester-based TalkTalk Telecom Group rose about 9% after it said Dido Harding would step down as CEO in May 2017 after seven years and…
Residential development in Manchester has reached its highest level since 2008 with a number of new skyscrapers set to change the landscape of the city centre,…
Clydesdale and Yorkshire Bank owner CYBG said trading in the three months to December 31, 2016, had been in line with its expectations with deposit balances up…
Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said its revenue soared 211% to £782.5 million for the 26 weeks to…
Property companies Dransfield Properties and Harworth Group announced a joint venture to deliver a new £50 million retail, office and leisure scheme at Waverley, Rotherham – the site of Yorkshire’s largest ever…
Leeds-based WYG, the AIM-listed global project management and technical consultancy, said chairman Mike McTighe will retire at the next AGM in September and be succeeded by Jeremy Beeton, currently…
Manchester-based commercial property company Bruntwood said it has broken through the £1 billion mark for property under ownership for the first time in its 40 years….
Leeds-based car leasing and fleet management firm Zenith is to be acquired from Hg Capital by private equity firm Bridgepoint for £750 million. Zenith has more than 500 employees…
Nexus, the public body which owns and manages the Tyne and Wear Metro, said it will invest £35 million in Metro modernisation work in 2017….
Shares of Newcastle-based software company Sage Group fell about 5% on Thursday after the firm delivered what some analysts considered a slightly disappointing trading update for the three…
Shares of Manchester-based soaps and consumer products company PZ Cussons have fallen roughly 10% since it said on Tuesday that statutory profit before tax fell 37.8% to £24.9 million and revenue…
Liverpool-based Abbey Logistics Group, which recently completed a management buyout, said it acquired bulk liquid food transport firm Armet Logistics Ltd for an undisclosed sum. Abbey, the…
Nissan’s 2016 UK production statistics showed that 507,430 vehicles were produced at Nissan Sunderland last year — the second highest total in the plant’s history. Nissan…
Shares of Sedgefield, County Durham-based radiation detection company Kromek Group rose about 12% after it announced a conditional firm placing and open offer of shares to raise…
The management team of Knutsford, Cheshire-based Fishawack Group, the medical communications firm, said it completed a tertiary management buyout in a deal worth £38 million. Working with LDC, the…
Revenue at Sheffield-based Benchmark Holdings, the aquaculture biotechnology and food chain sustainability company, soared 148% to £109.4 million in the year to September 30, 2016, partly as…
Bus and rail giant FirstGroup and Italy’s Trenitalia UK said they will bid together for the East Midlands and West Coast Partnership rail franchises due to…
Doncaster Sheffield Airport (DSA) said it had its best year ever after welcoming a record 1.2 million passengers in 2016. The South Yorkshire airport has now…
Manchester-based commercial property company Bruntwood has appointed Phil Kemp to the position of chief commercial officer (CCO) to support the firm’s growth plans. Bruntwood said Kemp will be responsible…
The UK government said it will announce a £556 million boost for the Northern Powerhouse at a regional cabinet meeting on Monday “to help create jobs, support…
Yorkshire attracted a record breaking number of visitors from July to September 2016, according to new figures. Yorkshire saw a 12% increase in inbound visits…
Alliance Manchester Business School One has been named as a Global Elite School when it comes to employability and research excellence by one of the…
Manchester-based cyber security company NCC Group said its chairman Paul Mitchell will step down on May 31, 2017, as it announced profit before tax for the six months to November…
Shares of Chesire-based Pets At Home, the retailer of pet food, pet accessories and veterinary and grooming services, fell about 6% after it said group…
Shares of Manchester-based specialist fit fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — rose about 7% after it said third…
Manchester United regained first place in the Deloitte Football Money League, ending the 11-year run of Real Madrid. Deloitte said record revenue of €689 million (about £515…
The UK’s housing stock is now worth a record £6.79 trillion, about 3.65 times the UK’s GDP, according to new analysis published by Savills. London and…
Clydesdale and Yorkshire Bank owner CYBG said that 40 branches of Clydesdale Bank and 39 branches of Yorkshire bank will close in 2017 “as part…
Amec Foster Wheeler said it has been awarded a £35 million five-year contract to supply the UK Ministry of Defence with research and technology (R&T) services….
Newcastle-based bakery and “food-on-the-go” retailer Greggs said in a trading update that its total sales rose 7% in the 52 weeks to December 31 and that it anticipates its full…
The Port of Tyne said it is set for another record year in the cruise business in 2017 with more than 50 cruise calls already…
The Green Investment Bank Offshore Wind Fund said it exceeded its initial £1 billion target with its sixth UK asset acquisition — a 44% stake in the…
Darwen, Lancashire-based engineering firm WEC Group said it has launched a major recruitment drive after securing a £6 million aerospace order for an Airbus assembly factory in Germany….
Shares of Bury-based JD Sports Fashion rose about 9% after it said in a trading update it expects its profit before tax and exceptional items for…
Science and technology park operator Manchester Science Partnerships (MSP) said it submitted a planning application to Manchester City Council seeking approval for its proposed £60…
Merseyside-based soft drinks firm Nichols plc said in a trading update for the year to December 31 that group revenue increased 7.3% to £117.3 million. Nichols said the growth…
Manchester-based online fashion retailer boohoo.com said sales rose 47% to £241.61 million in the 10 months to December 31, and soared 55% to £114.29 million in the…
Shares of Bradford-based retailer Morrisons rose another 4% after it said sales in the nine weeks to January 1 were the strongest in seven years and…
Liverpool-based ChargePoint Technology said it secured a multi-million pound investment from private equity investor LDC, part of Lloyds Banking Group, to help it meet international demand…
Warrington-based advisory firm Dow Schofield Watts advised on 42 deals worth over £770 million during 2016 — an increase in value of almost £500 million on…
The UK government said its has now recovered more than £18 billion of the £20.3 billion that taxpayers injected into the Lloyds Banking Group — owner of the Halifax,…
Sale-based property services firm Styles&Wood Group plc said it acquired Kent-based specialist mechanical, electrical and environmental consultancy The GDM Group Limited for an initial payment of £4 million in cash and…
Leeds-based private equity firm Endless LLP said that Endless Fund IV acquired IT storage infrastructure firm MTI Europe BV from US-based private equity fund Garnett and Helfrich…
Manchester-based housing association Great Places Housing Group and its partners said they secured £36.2 million of government funding to build 1,381 affordable homes across the…
Manchester-based commercial property company Bruntwood said it secured a new £115.5 million, 15-year debt facility with Aviva Investors Real Estate Finance. Family-owned Bruntwood said the new loan “creates…
Staffordshire-based JCB said it has won one of the biggest orders in the company’s 71-year history –a $142 million deal to supply the United States Army with a…
Shares of York-based Gear4music, the online international retailer of musical instruments and equipment, rose almost 4% after it revealed its sales soared 55% to £24.4 million in the four…
Northern England housing association consortium JV North said it will invest £335.5 million to build nearly 3,000 homes over the next four years. The consortium of…
Property developer Glenbrook said it submitted a planning application to Salford City Council to build 270 private rented apartments on the last remaining undeveloped site overlooking Erie Basin…
A funding facility of £45 million has been secured for the 125 Deansgate office development in Manchester city centre. The clubbed facility has been provided by the…
Leeds United Football Club confirmed that sports media executive Andrea Radrizzani’s Aser Group Holding, through it’s acquisition vehicle Greenfield Investment, has bought 50% of the club’s share capital. Leeds…
Manchester City Council is proposing to invest an extra £100 million “to get roads to a good standard and keep them there” and make sure the area’s…
Manchester-based cyber security and risk mitigation firm NCC Group said it sold the Open Registry group of companies for about €3.75 million. The Open Registry group of companies comprises…
North East England Chamber of Commerce president Mike Matthews outlined the region’s aspiration to be a “Global North East” as he unveiled the chamber members’ 2017 Manifesto….
Harworth Group, the brownfield regeneration and property investment company, said it acquired Four Oaks Business Park in Preston, Lancashire for £13.5 million as part of its strategy…
The Rugby Football League (RFL) confirmed on January 3 that the administrator of Bradford Bulls (Northern) Limited has confirmed that the club has ceased trading. “While…
Manchester-based online fashion retailer boohoo.com plc said it completed the acquisition of 66% of 21 Three Clothing Company Ltd — known as PrettyLittleThing — for £3.3 million in cash….
The UK government said its £1.2 billion Starter Homes Land Fund will soon start to provide new homes for first-time buyers aged between 23 and…
The UK’s manufacturing sector ended 2016 on a positive note with rates of growth for production and new orders in December among the best seen over…
BAE Systems said its need for a continuous supply of skilled employees — in particular for submarine programmes at Barrow-in-Furness, Cumbria — has led to the company currently training a…