Northern Financial Review

More than 4,800 start-up firms were launched in the North East of England over the last quarter, according to new research from R3, the UK’s insolvency…

Henry Boot, the Sheffield-based property investment group, announced that its land promotion business Hallam Land Management (HLM) has unconditionally exchanged contracts for the sale of 494…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. has published a trading update for the 53 week financial reporting period to March 30, 2024. B&M said…

Wakefield-based Team17 Group, a developer of video games and educational entertainment apps, said its 2023 revenues grew 12% to £159.1 million but adjusted profit before…

Global asset management giant Blackstone has been selected to purchase the former Britishvolt site near Blyth in Northumberland — where it proposes to build what could become…

Liverpool City Region Life Sciences Investment Zone has officially launched in a move that could pave the way for up to £800 million of public…

Manchester industrial chain and power transmission firm Renold plc said its results for the full year are now expected to be materially ahead of current market…

More than 61 million passengers travelled through Manchester Airports Group (MAG) airports in the 12 months to the end of March — up 13.4% year-on-year….

Yorkshire Building Society has defended its remuneration package for new chief executive Susan Allen by saying a big one-off payment included in her £4.046 million…

The Handbag Clinic, the Newcastle-based luxury handbag restoration and preowned designer bag retailer, has announced a partnership with Selfridges Oxford Street in London. The Handbag Clinic said…

Liverpool-based online retail and financial services firm The Very Group, owned by the Barclay family, said it has promoted its retail managing director Robbie Feather to…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said its total group revenue fell 5% to £420 million for the year to March…

Shares of Manchester-based consumer brands giant THG plc fell as much as 8% after it announced revenue fell 8.4% to £2.045 billion in the year…

Liverpool-based TJ Morris, the family firm behind discount chain Home Bargains, reported an increase in turnover from £3.4 billion to £3.7 billion in the year to…

York-based Animalcare Group plc, the international animal health business, said its revenues grew 3.8% to £74.4 million in the year to December 31, 2023, and…

Leeds-based engineering services group Renew Holdings announced that its subsidiary Carnell Group Holdings Ltd has acquired Route One Holdings (Wakefield) Ltd for an enterprise value of…

Shares of Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, fell about 35% to 6p after the firm updated investors on…

Towns and villages in the Lake District have become the first in England to benefit as the UK government delivers on its plan to improve…

York-based life sciences firm Aptamer Group plc announced it has filed a patent application to protect its recently developed Optimer binder sequences for novel applications…

Liverpool-based Peel Ports Group, the UK’s second-largest port operator, is inviting contractors to submit bids for two new frameworks covering a “major long-term programme of…

London-listed Global Ports Holding plc (GPH), the world’s largest independent cruise port operator, announced it has signed a 50-year agreement with Peel Ports Group subsidiary,…

Manchester-based Co-op Group said its 2023 profit before tax fell almost 90% to £28 million as the mutual’s group revenue fell £200 million to £11.3…

British Steel said it has been granted planning permission to build an Electric Arc Furnace at its Teesside plant – a key milestone in its…

British Steel said it has won a major multi million pound contract to supply rail for a landmark new route in North Africa. In total,…

Shares of Manchester-based Genedrive, a “point of care pharmacogenetic testing company,” rose as much as 50% after it announced news from the UK’s National Institute for…

The Lakes Distillery Company plc of Cumbria — an English distiller of single malt whisky and other premium spirits — said it agreed a recommended cash…

In another blow to the London Stock Exchange, Cheshire-based Redx Pharma announced it plans to de-list from AIM and re-register as a private limited company. Redx chair…

Warrington-based DSW Capital, the mid-market “challenger” professional services licence network and owner of the Dow Schofield Watts corporate finance brand, announced the appointment of Peter…

Greater Manchester-based Revolution Bars Group plc said on Tuesday that trading in its ordinary shares on AIM has been suspended because it failed to publish its interim…

Bradford-based supermarket giant Morrisons has reported its strongest quarterly like-for-like (LFL) sales growth for three years and seven consecutive quarters of LFL sales improvement. For…

Shares of Bolton-based online electrical retailer AO World plc rose as much as 12% after it published a strong trading update for the 12 months to March…

Shares of Kitwave, the North Shields-based wholesaler that went public in 2021, touched a record high after it announced the acquisition of Total Foodservice Solutions Limited…

Shares of JD Sports Fashion plc, the Bury-based FTSE 100 retailer, rose as much as 16% after it published a trading update for the 53…

Manchester-based drug discovery company C4X Discovery Holdings plc (C4XD) has announced the proposed cancellation of its ordinary shares on AIM and re-registration as a private limited…

Wilmslow-based pet and vet retailer Pets at Home Group published a “pre-close update” for the 52 week period from March 31, 2023, to March 28, 2024….

Manchester-based Co-op Bank announced it will cut about 400 jobs as it moves to “simplify processes, reduce our cost base and make efficiency improvements.” Last month, Co-op…

Shares of Greater Manchester-based Revolution Bars Group plc fell almost 40% after it announced it is “actively exploring all the strategic options available to it…

Manchester and London-based OakNorth — a digital bank for entrepreneurs — has published its latest annual report showing that its pre-tax profit rose 23% to £187.3 million…

Newcastle-based house building giant Bellway said its revenue fell 29.6% to £1.273 billion for the six months ended January 31, 2024, “driven primarily by the lower…

The City of Doncaster Council and Hybrid Air Vehicles Ltd have agreed to locate the production programme for Airlander 10 — “the world’s most efficient…

Henry Boot, the Sheffield-based land promotion and property investment group, reported a 5.3% increase in revenue to £359.4 million for 2023 “driven by land disposals, property development and…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. announced that Nadia Shouraboura is to be appointed, subject to shareholder approval, as a non-executive director of the…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, said it has agreed the sale of its Aberdeen business RMSpumptools Limited to ChampionX UK Limited…

Manchester-based FTSE 100 firm Auto Trader Group plc, the UK’s largest automotive marketplace, has announced the appointments of two independent non-executive directors to its board. Geeta…

Blackburn-based toilet roll and tissue maker Accrol Group said it has agreed a deal to be acquired by Portugal-based Navigator Paper for £127.5 million in…

Sheffield-based British Business Bank, the UK’s economic development bank, said it has launched its new £660 million Northern Powerhouse Investment Fund II to cover “the entire”…

Leeds-based private equity firm Endless LLP said it successfully exited its investment in educational resources supplier Findel, selling the Hyde-based firm to Paris-headquartered European B2B ecommerce group Manutan….

A new report from engineering consultant Arup says that 50 new direct long-haul routes from Manchester Airport could be unlocked by integrating investment in new transport infrastructure….

Rotherham-based property and land regeneration firm Harworth Group said its statutory net asset value rose to £637.7 million in 2023 from £602.7 million in 2022. Operating…

Shares of Doncaster-based DFS Furniture plc fell as much as 7% after its first-half results revealed a decline in sales and profit and the firm cut…

Cheadle, Cheshire-based Together Financial Services Limited, a non-bank relationship lender, announced the launch of its inaugural securitisation facility for property development lending, the £150 million ADALO Asset Backed…

Shares of Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, fell as much as 8% after it reported profit before tax fell 40%…

The UK’s Competition and Markets Authority (CMA) said on Friday it is looking into Barratt’s recommended all-share offer to buy Flintshire-based Redrow in a deal valuing its…

Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group said this week that its CEO Mark Radcliffe has received 5.35 million shares “at nil consideration” from his…

Manchester-based consumer brands giant THG plc announced that Iain McDonald has informed the board of his intention to step down as a non-executive director at the…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its 2023 revenue rose 8% to £802.5 million and profit before tax profit increased 17%…

The Groucho Club is to open its first venue outside of London in the grounds of the Yorkshire Sculpture Park (YSP). The renowned arts and…

The Yorkshire County Cricket Club (YCCC) has confirmed that Darren Gough has stepped down from his role as Managing Director of Cricket. Gough helped the…

Stockport-based musicMagpie said its revenue fell about 6% to £136.6 million for the year ended November 30, 2023, and gross profit slipped to £37.9 million from…

Winsford, Chesire-based tissue healing technologies firm Advanced Medical Solutions Group plc (AMS) has entered into an agreement for the proposed acquisition of France-based Peters Surgical for up…

Leeds-based Jet2 plc announced the appointment of former St Modwen Properties CFO Rachel Kentleton as an independent non-executive director with effect from March 18, 2024. Kentleton…

Mercia Asset Management announced that the three Northern Venture Capital Trusts which form part of its third-party funds under management have successfully completed their fund…

York-based house building giant Persimmon plc said its 2023 profit before tax fell 52% to £352 million as revenues fell 27% to £2.77 billion. Dividend per share is…

Shares of Runcorn nano-material firm Nanoco Group plc rose almost 10% after it announced it will post a circular setting out the details of a proposed…

Caroline Simpson is poised to lead the Greater Manchester Combined Authority (GMCA) and Transport for Greater Manchester (TfGM) into the next phase of the city-region’s…

Shares of Stelrad Group plc, the Newcastle-based radiator firm, rose about 3% after it published 2023 results showing profit before tax rose 87.2% to £19.2…

Liverpool City Council said the UK Government has “confirmed a significant reduction in the intervention” at the local authority “with the publication of revised directions.”…

HBD, part of Henry Boot, said it has secured planning approval for Colloco, a state-of-the-art 200,000 sq ft office development in the St John’s District…

The head of investment analysis at Salford-based AJ Bell has said the UK funds industry is going through a “dark age.” AJ Bell head of…

HSS Hire Group plc, the Manchester-based tool and equipment rental firm, said it agreed to sell its power solution providers ABird Limited and APEX Generators…