Greggs to cut 820 jobs amid pandemic sales slump
Newcastle-based bakery and food retailer Greggs plans to cut more than 800 jobs as a result of the ongoing coronavirus pandemic, according to the Press…
Newcastle-based bakery and food retailer Greggs plans to cut more than 800 jobs as a result of the ongoing coronavirus pandemic, according to the Press…
Bury-based retail giant JD Sports Fashion Plc said late on Friday that the UK’s Competition Appeal Tribunal “has quashed” the Competition and Markets Authority’s (CMA) decision to…
New York-listed Manchester United Plc said its revenue fell 20% to £109 million in its 2021 fiscal first quarter ended September 30, 2020, and it…
Elland, West Yorkshire-based stone and landscaping firm Marshalls plc on Thursday published a trading update that showed its sales returned to the same level as…
Shares of Leeds-based retail logistics firm Clipper Logistics rose about 4% on Thursday after it announced a trading update for the six months ended October 31,…
Chesire-based NWF Group plc, the agricultural business that delivers feeds, food and fuel across the UK, said its shares resumed trading on Thursday following a “cyber…
Harrogate-based IT firm Redcentric Plc said on Thursday it has decided to “terminate the formal sale process with immediate effect.” On September 2, Redcentric had…
Private equity firm DBAY Advisors Limited has agreed to acquire a minority stake of 29% in Liverpool-based Anexo Group, the AIM-listed credit hire and legal…
Liverpool-based B&M European Value Retail said on Thursday its revenues increased 25.3% to £2.24 billion in the 26 weeks to September 26, 2020, while profit…
Shares of Manchester industrial chain firm Renold plc rose about 9% on Wednesday after it published “resilient” and “robust” results for the half year ended…
The UK SMR consortium led by Rolls-Royce has announced it expects to create 6,000 jobs within the next five years if the UK Government makes…
York-based house building giant Persimmon plc on Tuesday declared another interim dividend of 70p per share and said it is fully sold up for the…
Shares of East Yorkshire-based speciality chemical giant Croda International Plc rose about 7% on Tuesday after it announced it entered into an agreement with Pfizer…
Blackburn-based petrol station billionaires the Issa brothers have announced that their company, EG Group, is expanding further in the United States. The Issa brothers and…
Shares of Manchester-based online holiday retailer On the Beach Group plc (OTB) soared about 25% on Monday after Pfizer and German partner BioNTech announced their experimental COVID-19…
Leeds-based private equity firm Endless announced on Friday it acquired Hovis, the iconic 134-year-old bakery brand, for an undisclosed price. The terms of the agreement…
Flintshire-based house building giant Redrow plc said on Friday its homes turnover for the 18 weeks to October 30 was up 48% up on last year…
Shares of Barrow-in-Furness international marine engineering company James Fisher and Sons plc plunged 22% on Friday after it published a trading update for the quarter ended…
Manchester-based Co-operative Bank said on Friday it narrowed its loss in the first nine months of the year. Loss before tax was £68.1 million for…
Shares of Manchester-headquartered international law firm DWF Group plc rose about 9% on Thursday after it published a trading update for its half year ended October 31…
Shares of Doncaster-based DFS Furniture fell 3% on Thursday despite a Covid-19 trading update from the firm saying “current lockdown measures (are) not expected to materially…
Shares of Salford-based broadband giant TalkTalk Telecom Group rose about 3% on Thursday after it extended the deadline for its major shareholder Toscafund Asset Management…
Shares of Manchester-based online fashion retailer N Brown Group fell about 6% on Thursday after it said it plans to raise £100 million by selling…
Manchester-based Auto Trader Group plc — the UK’s largest digital marketplace for cars — said on Thursday its revenue fell 37% to £118.2 million for…
The UK government and its central bank announced a fresh wave of co-ordinated economic stimulus on Thursday. The Bank of England increased its bond-buying programme…
Shares of Carlisle-based aviation and energy infrastructure firm Stobart Group rose about 7% on Wednesday after it published results for the six months ended August 31,…
Manchester Airports Group (MAG) chief executive Charlie Cornish has warned the UK Government that airports and airlines need urgent support to survive the “very bleak…
Blackburn-based toilet roll maker Accrol Group said on Monday it entered into a conditional agreement to acquire tissue company LTC Group for an enterprise value of…
Chesire-based NWF Group plc, the agricultural business that delivers feeds, food and fuel across the UK, on Monday requested that trading in its shares be…
Bury-based FTSE 100 retailer JD Sports Fashion Plc said on Monday its executive chairman Peter Cowgill sold about 2.6 million shares in the company last…
Shares of Manchester-based household cleaning products firm McBride plc rose about 4% on Monday after it announced a share buyback programme of up to £12 million…
Carlisle-based aviation and energy infrastructure firm Stobart Group on Monday announced the appointment of David Blackwood as senior independent director (SID) with effect from November 1,…
Salford-based investment platform AJ Bell said that British people have saved £88 billion since March — with households increasing cash deposits at banks by £6.8 billion…
Manchester-based corporate rescue giant Begbies Traynor Group plc said on Thursday its latest Red Flag Alert research for the third quarter of 2020 recorded 557,000 UK…
Moody’s Investors Service said on Wednesday it downgraded the corporate family rating (CFR) of Blackburn-based petrol station and convenience store giant EG Group to B3 from B2 and…
Property giant Land Securities (Landsec) has poached Vanessa Simms from Newcastle-based residential landlord Grainger plc as its next chief financial officer. Simms is also non-executive…
Macclesfield-based Franchise Brands plc said on Wednesday it saw a steady recovery in trading in its third quarter “from the previous quarter’s lockdown-impacted performance, which…
Sovereign Centros said on Monday it has taken over the running of intu’s largest asset, the Metrocentre in Gateshead. The company said it will asset…
Shares of Manchester-based molecular diagnostics firm Yourgene Health plc fell about 7% on Monday after it issued a trading update for the half-year ended September…
Manchester-based tool and equipment rental firm HSS Hire Group plc said on Monday it proposes to raise up to £54 million by selling new shares…
Shares of Manchester-based consumer brand and e-commerce giant The Hut Group (THG) rose as much as 10% on Monday after it lifted its full-year revenue guidance in…
York-based international online music equipment retailer Gear4music said on Thursday its sales grew 42% to £70.2 million in the six months to September 30, 2020 and…
Manchester-based consumer brand and e-commerce giant The Hut Group (THG) said on Thursday it will create a further 500 permanent jobs in the next three months across…
Shares of Chester-based price comparison website Moneysupermarket Group fell about 10% on Thursday after it reported results for the quarter ended September 30, 2020, showing revenues…
Salford-based investment platform AJ Bell said on Thursday its assets under administration rose 8% to £56.5 billion in the year to September 30, 2020, while the…
Manchester-based molecular diagnostics firm Yourgene Health plc announced on Wednesday a new collaboration between the recently launched Yourgene Genomic Services (YGS) and Cytox Ltd for…
New York-listed Manchester United said on Wednesday its revenue for the year to June 30, 2020, fell 18.8% to £509 million as the company slumped to…
The £46 billion Northern Local Government Pension Scheme (NLGPS) has become a Make My Money Matter (MMMM) “pledge partner” as part of its commitment to…
Manchester Airports Group (MAG) said late on Tuesday that chief financial officer Neil Thompson has decided to leave the group. MAG operates Manchester, London Stansted…
More than 48% of shareholders at the AGM of Manchester-based cyber security company NCC Group voted against the directors’ remuneration report on Tuesday. NCC said…
Manchester-based Co-operative Bank plc said on Tuesday it appointed its chief financial officer Nick Slape to the role of chief executive officer, effective October 31,…
Newcastle-based house building giant Bellway said on Tuesday its revenue fell 30.7% to £2.2 billion in the year to July 31 and profit before tax…
North Yorkshire-based power company Drax Group said on Monday it is preparing to raise €250 million via a bond sale. In a stock exchange statement, Drax said:…
Shares of Manchester-based online fashion giant Boohoo Group plc fell about 20% on Monday after the firm confirmed it is looking for a new auditor…
Ratings agency Moody’s Investors Service lowered the United Kingdom Government’s debt rating by one notch to Aa3 from Aa2 late on on Friday, citing diminishing economic and…
Boohoo Group Plc told Reuters on Friday it has started a process to appoint a new auditor following a report that claimed PwC is to…
Manchester industrial chain firm Renold plc said on Friday it remained profitable in the six months to September 30 despite sales revenue falling 17% on…
Troubled Altrincham-based car dealership Lookers plc — whose shares have been suspended amid an accounting investigation — said on Friday its third-quarter sales were 13.6%…
Newton Aycliffe-based offshore energy services firm Tekmar Group said on Thursday it appointed Alasdair MacDonald as chief executive officer with immediate effect. MacDonald was chairman of…
Blackburn-based petrol station and convenience store giant EG Group has appointed accounting firm KPMG as its new auditor following the resignation of Deloitte. The Financial Times newspaper…
Rolls-Royce Holdings plc said on Thursday it successfully priced an offering of three tranches of senior unsecured notes denominated in US dollars, euros and sterling…
Shares of Bolton-based online electrical retailer AO World plc rose about 30% on Thursday after it issued a trading update for the six months ended September 30,…
Legal & General’s LGIM Real Assets has provided £75 million in long-term financing to Bernicia, one of the largest providers of affordable homes in North…
Andy Bell, CEO of Manchester-based investment platform AJ Bell, has written to newly-appointed FCA chief executive Nikhil Rathi warning of the “dangers” to consumers of…
Momentum Global Investment Management Limited (MGIM), the UK-based subsidiary of Johannesburg-based Momentum Metropolitan Holdings Limited, said on Tuesday it will acquire Liverpool’s Seneca Investment Managers…
Shares of Ashton-under-Lyne-based wound care and industrial firm Scapa Group rose about 7.5% on Tuesday after it published a trading update saying it expects its…
SSE, the Scottish renewable energy and electricity networks giant, said on Tuesday it agreed to sell its 50% stake in energy-from-waste ventures in Ferrybridge and Skelton…
Shares of Warrington-based Eddie Stobart Logistics plc rose about 37% on Monday after it said its owner GWSA Group reported revenues of £416.5 million for…
Fenway Sports Group, the owner of Liverpool Football Club and Boston Red Sox, is in talks with RedBall Acquisition Corp to go public, according to…
UK finance minister Rishi Sunak said on Friday afternoon the UK Government’s Job Support Scheme (JSS) will be expanded “to protect jobs and support businesses…