News


Newcastle’s Sage appoints new board member

Sage Group plc, the Newcastle-based FTSE 100 global software business, announced the appointment of Lori Mitchell-Keller to its board as a non-executive director with effect…


Newcastle Airport 49% stake may soon be sold

The 49% stake in Newcastle International Airport owned by infrastructure investment firm InfraBridge may soon be sold, according to reports. Saudi Arabia’s Public Investment Fund (PIF),…



Henry Boot, Feldberg Capital in £100m JV

Sheffield-based builder and developer Henry Boot and Feldberg Capital announced the launch of Origin, a “mid-box industrial & logistics platform” seeded with a £100 million development…


Nanoco shareholders reject activists

For-sale Runcorn nano-material firm Nanoco Group plc confirmed that at a General Meeting, neither of the resolutions proposed by activist investor Milkwood Fund were passed. Milkwood proposed…



On the Beach announces board changes

Manchester-based holiday firm On the Beach Group said David Kelly will step down from its board of directors on January 10, 2025, having fulfilled his nine…





Persimmon announces board changes

York-based house building giant Persimmon plc announced that Anand Aithal will join its board as an Independent Non-Executive Director with effect from January 1, 2025. Aithal…





Begbies profit up as insolvencies stay high

Begbies Traynor Group plc, the Manchester-based business recovery and financial advisory firm, said half-year profit rose as UK companies continue to face a high level…



Boohoo welcomes ISS steer against Frasers board bid

Manchester-based online fashion firm Boohoo Group said independent proxy adviser Institutional Shareholder Services Inc. (ISS) has recommended that Boohoo shareholders vote against the resolutions at…









Drax CFO Skelton to retire

North Yorkshire power generator Drax Group said Andy Skelton will retire as Chief Financial Officer and board member.  He will remain as CFO and a…




SysGroup lowers full-year outlook

SysGroup, the Manchester-based IT services, cloud hosting and cyber security firm, lowered its full-year outlook on Tuesday as sales cycles lengthen on key accounts. For…






Boohoo pays off £50m of term loan

Boohoo Group said it repaid £50 million of its £97 million term loan after selling shares to investors as part of its recently announced refinancing…


Supreme buys Typhoo for £10.2m in cash

Supreme plc, the Manchester-based supplier of vaping supplies, drinks and fast-moving consumer goods, said it bought Typhoo Tea Limited out of administration for £10.2 million…


Proxy advisers back Nanoco against activist

Proxy advisers Glass Lewis and ISS have recommended that Nanoco Group shareholders vote against the appointment of two directors put forward by activist investor Milkwood…


Aptamer says cash runway ‘generous’

York-based Aptamer Group plc, the developer of molecule binding techniques for use in medicine and cosmetics, said its cash runway is “generous” ahead of its…







Renew, Leeds engineering firm, tops £1bn revenue

Leeds-based engineering services and infrastructure group Renew Holdings plc said its revenue increased 19.1% to £1.057 billion in the year ended September 30, 2024, and profit before tax…


Harrogate’s Vp launches rail business

Harrogate-based equipment rental group Vp plc said it has launched Vp Rail, an integrated rail business “providing customers with a direct access to all the group’s…




Severfield cuts outlook as projects delayed

Severfield, the Thirsk, North Yorkshire-based steel group, reported higher underlying profit for the first six months of the financial year, but ratcheted down its outlook…









DSW Capital announces succession plan

Warrington-based DSW Capital, the mid-market challenger professional services licence network and owner of the Dow Schofield Watts and DR Solicitors brands, has announced board changes…





DFS names Wall as interim CFO

Doncaster-based DFS Furniture plc said Marie Wall will be Interim Chief Financial Officer from December 2. Wall replaces John Fallon, who is standing down. She…


Manchester skyscrapers bought in £500m deal

Starlight Investments, a Toronto-based global real estate investment and asset management firm, said it acquired three build-to-rent (BTR) communities under development in Manchester and Basildon for over…


Together Financial loan book grows to £7.6bn

Together Financial Services Limited, the Cheadle, Cheshire-based non-bank relationship lender, announced results for the quarter ended September 30, 2024, showing average monthly lending of £269.3 million, up 20.5%…