News





Skipton International hires new chair

Skipton International, part of the Skipton Group, has announced the appointment of Eric Barnett as its new chair. Skipton International is a bank that provides Sterling…






Vertu sees lower first-half profit

Gateshead-based Vertu Motors plc said it expects full year adjusted profit before tax to be broadly in-line with current market consensus, although profit for the…



Sunderland Council signs Riverside neighbourhood deal

Sunderland City Council has exchanged contracts with Placefirst, the build-to-rent developer and regeneration specialist, to develop a 165-home neighbourhood at Riverside Sunderland. Situated on Farringdon…









Henry Boot secures Southend expansion

Sheffield-based Henry Boot announced that HBD, the group’s property investment and development arm, has completed a £15 million GDV industrial & logistics (I&L) unit at…









Endless sells Wakefield’s Sewtec to Los Angeles firm

Leeds-based private equity firm Endless LLP announced it has successfully exited its investment in Wakefield-based industrial automation company Sewtec Automation to Los Angeles-headquartered Automated Industrial Robotics Inc…





Modaxo buys Cammax, Castleford ticket machine firm

Modaxo Inc. of Canada announced the acquisition of Castleford-based Cammax Limited, a provider of self-service ticket vending machines (TVMs), parking payment machines, and associated services….






Sosandar to open in Gateshead Metrocentre

Wilmslow-based fashion firm Sosandar plc — run by former magazine publishers Ali Hall and Julie Lavington — announced it has signed a lease agreement for its third…


Drax completes £450m refinancing

North Yorkshire power generator Drax Group said it has completed the refinancing of its revolving credit facility. The company, which runs the UK’s largest renewable…



Humber ports boss appointed by ABP

Associated British Ports (ABP), the UK’s largest ports operator, announced the appointment of Andrew Dawes to the position of Regional Director, Humber, to succeed Simon…










Liverpool’s Wushu Studios bought by Keywords

Dublin-based Keywords Studios has announced the acquisition of Liverpool game development firm Wushu Studios Limited.  The transaction comes ahead of Keywords’ own takeover by private…


Bellway drops £720m bid for Crest Nicholson

Newcastle-based housebuilder Bellway plc has dropped its unsolicited £720 million all-share bid for rival Crest Nicholson, the companies said.  The move ends a months-long standoff,…


USSL buys Sage Homes portfolio for £405m

Universities Superannuation Scheme Ltd (USSL) said it has bought 3,000 shared ownership homes from Sage Homes, an entity created by funds managed by Blackstone and…



TalkTalk refinances, names new execs

Salford-based broadband giant TalkTalk Group announced the terms of a major refinancing and confirmed some top-level leadership changes.  The company said it reached agreement with…





Asda second-quarter sales dip to £5.3b

Leeds-based supermarket giant Asda reported a 2.2% decline in total second-quarter revenue, excluding fuel, to £5.3 billion, with like-for-like sales down 5.3%. Total George-branded clothing…


Court approves Revolution Bars restructuring

Greater Manchester-based Revolution Bars Group plc said the restructuring of its main subsidiary received High Court approval and it expected to report a full-year profit,…


Bellway annual completions and prices fall

Newcastle-based housebuilder Bellway plc said annual revenue dropped sharply, completing fewer homes for lower average selling prices as the UK housing market struggled.  The company…








Turner & Townsend turnover up 25% to £1.5bn

Turner & Townsend, the Leeds-based international infrastructure consultancy, said on Wednesday its overall turnover and net revenue for the 12 months to April 30, 2024, rose…