Northern Financial Review

Shares of Leeds-based Jet2 plc rose as much as 7% after it said it is on track to exceed current market expectations for group profit before…

NCC Group, the Manchester-based global cyber security firm, said its auditor KPMG has requested additional time to complete its work on the firm’s results for the…

Doncaster-based DFS Furniture plc announced the successful completion of a new £200 million revolving credit facility (RCF) and £50 million issue of US private placement (USPP)…

Asset Match, alongside Blankstone Sington and Albert E Sharp, have launched a new trading facility for Everton Football Club’s ordinary shares. “A new quarterly auction will offer total transparency…

Severfield, the Thirsk, North Yorkshire-based steel group, said its order book was £479 million at September 1, down from £510 million at June 1 — with…

Shares of Runcorn-based workwear and textile firm Johnson Service Group (JSG) rose about 11% after it said its full year outturn is expected to be” slightly ahead…

Manchester-based consumer products company PZ Cussons — the maker of Carex and Imperial Leather — confirmed that it has made an offer to acquire the minority-held shares…

Manchester industrial chain and power transmission firm Renold plc reported that its financial performance in the first four months of the new financial year “has…

Shares of Manchester United Plc fell by as much as 21% on Tuesday after a report in the Mail On Sunday claimed that the Glazer…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. confirmed on Tuesday it agreed with the joint administrators of Wilko Limited (in administration) to acquire up…

Begbies Traynor Group plc, the Manchester-based professional services consultancy, said it is expanding its operations in South Wales following the acquisition of Jones Giles & Clay…

Leeds-based Jet2 plc announced that Robin Terrell, the company’s current senior independent non-executive director, has been appointed as non-executive chairman with immediate effect.   Jet2 announced…

Property developer Select Property has secured a £128.5 million development finance deal to take forward its landmark One Port Street residential development in the heart of Manchester’s…

Manchester industrial chain and power transmission firm Renold plc has acquired the trading assets of Davidson Chain PTY in Australia for AU$6 million. “Established in…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said it acquired Ireland-based Harkglade Limited and its subsidiaries Celtic Linen Limited and Millbrook Linen Limited for about £27.1…

Munich-based AM alpha, a global family office for real estate investments, said it acquired the office property 196 Deansgate in the heart of Manchester. AM…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, said it has led a £2…

Beal Homes announced it has secured full planning permission to complete the housebuilder’s largest-ever development, The Greenways in Goole. The planning approval from East Riding…

Sourced Development Group and Network Rail have submitted a planning application to Liverpool City Council for the £110 million redevelopment of four residential property sites…

Gateshead-based Vertu Motors plc has published a trading update ahead of its results for the six-month period ended August 31, 2023, saying it has delivered a trading…

Northern Gritstone, the investment business focused on university spin-outs and science and technology enabled businesses in the North of England, has appointed Khadija Ashfaq as…

Manchester-based Grafenia, a serial acquirer of vertical market software (VMS) businesses, announced a fundraising of up to £27.9 million via a conditional share sale placing and…

Manchester-headquartered international law firm DWF Group plc, which has agreed to be acquired by Inflexion Private Equity Partners LLP for about £342 million, has reported…

North Yorkshire power generator Drax Group announced the appointment of former Duke Energy executive Andrea Bertone as a non-executive director and chair designate of the…

Kendal-based paper products and advanced materials firm James Cropper plc reported a 24% increase in revenue to £129.7 million and a 53% drop in profit before tax…

Leeds-based transport data analytics firm Tracsis plc said on Wednesday its revenue is expected to have increased by 19% to over £81.5 million in the year ended…

Sheffield-based affordable house builder Gleeson Homes announced the appointment of Steve McElroy to the newly created role of group sales director. McElroy has worked in the housebuilding…

Salford-based housing association Salix Homes said it has secured a £120 million refinancing deal with NatWest. “The deal means we can deliver the ambitions set…

Altrincham-based car dealership Lookers plc, which has agreed to a cash takeover offer worth about £504.2 million or £1.30 a share or from Canadian car dealer network…

Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, announced that its non-executive chair Chris Bell has decided to step down from his…

Shares of Alderley Park-based Redx Pharma rose as much as 20% after it announced that zelasudil (RXC007), an oral, selective Rho Associated Coiled-Coil Containing Protein…

Sheffield-based Fulcrum Utility Services Limited has announced plans to delist from the AIM market of the London Stock Exchange for reasons including “the significant cost ……

Sheffield-based “equipment monitoring and data analytics business” Tan Delta announced the admission of its entire share capital to trading on the AIM Market of the…

The Leeds-based £58 billion Border to Coast Pensions Partnership, the largest UK local government pension scheme (LGPS) pool, has launched a new £700 million Emerging…

Leeds-based supermarket giant Asda has reported a 9.6% increase in like-for-like sales during the second quarter of 2023 compared to the same period a year earlier…

Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, said its revenue rose 2% to £354.1 million for the six months ended June 30,…

A major study by the Manchester-based Co-op Group and children’s charity Barnardo’s has found that young people are “turning away from higher education” as the…

ITM Power, the Sheffield-based green hydrogen and energy storage firm, has announced a non-binding heads of terms agreement for the sale of Motive Fuels Ltd. ITM…

AssetCool, a thermal metaphotonics company spun out of the University of Manchester, has completed a £2.25 million Series A Funding round. The largest capital commitment…

Manchester-based Co-operative Bank has announced an agreement to acquire Sainsbury’s Bank’s mortgage portfolio. The portfolio comprises 3,500 customers with balances of around £479 million.    Co-operative…

The Competition and Markets Authority (CMA) said on Friday it has provisionally cleared the proposed £1.2 billion cash acquisition of Leeds-based healthcare software and systems firm EMIS…

North Yorkshire power generator Drax Group said on Thursday it welcomed the UK Government’s support for sustainably sourced biomass and the critical role that Bioenergy…

York-based house building giant Persimmon plc said its revenue fell about 30% to £1.19 billion and profit before tax plummeted 65% to £151 million for the…

Almost 5,000 people across the Liverpool City Region are set to receive free tablets, internet access and on-line skills training as part of a partnership…

Latest figures for the Liverpool City Region show the visitor economy is now worth over £5 billion — surpassing the pre-pandemic high of £4.98 billion…

Newcastle-based house building giant Bellway said in a trading update its overall reservation rate fell 28.4% to 156 per week and its private reservation rate decreased…

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, announced it has exercised its rights under a call option and entered into a conditional agreement to…

SIG plc, the Sheffield-based international building materials supplier, reported a revenue rise of 5% to £1.423 billion in the six months to June 30, 2023 “including 3%…

Greater Manchester Combined Authority (GMCA) said its investments into the local economy have now reached more than £1 billion, resulting in thousands of jobs, new…

Carlisle-based agriculture and engineering firm Carr’s Group announced that CEO Peter Page “has agreed with the board that he will not seek re-election at the company’s…

Shares of Wakefield-based greeting card and gift retailer Card Factory rose about 17% after it said it expects full year outturn “to be materially ahead of…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group fell about 10% on Friday after it published a trading update for the financial year ending September…

Shares of Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, rose as much as  7% after it published a trading update….

Wilmslow-based pet and vet retailer Pets at Home Group said its first quarter revenue rose 7.9% to £436.8 million in the 16 week period to July…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, announced the appointment of Karen Hayzen-Smith as chief financial officer (CFO). Hayzen-Smith is currently director of…

Altrincham-based “corporate compounder” investment group CorpAcq announced a $1.58 billion deal with Wall Street dealmaker Michael Klein that will see the UK firm join the New York Stock…

Newcastle Building Society said its savings balances grew by £458 million to £4.7 billion in the first half of 2023, while profit before taxation rose to…

Skipton Building Society said its savings balances grew 5.2% to £23.6 billion, group mortgage balances rose 6.8% to £27.2 billion and society membership grew 3.1% to…

Cheshire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, announced major board changes as it reported that revenue…

Manchester-based drug discovery company C4X Discovery Holdings plc announced that Indivior will acquire the proprietary rights to C4XD’s oral Orexin-1 receptor antagonist C4X_3256 (INDV-2000) for substance…

Newcastle-based Greggs said its total sales for the 26 weeks to July 1, 2023, rose 21.5% to £844 million and underlying profit before tax excluding…

The Northern Powerhouse Investment Fund (NPIF) said it has surpassed a “significant milestone” facilitating the investment of more than £1 billion for businesses in the…

Manchester United plc announced it has renewed its principal partnership with Adidas as the club’s official kit supplier. “The new agreement will continue the partnership…

Shares of Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, fell as much as 8% on Monday after it said its results in the…

Manchester-based Co-op Bank said its profit before tax was flat at £61.8 million in the six months ended June 30, 2022, as total income rose 16%…

Leeds Building Society said it enjoyed record savings inflows of £1.4 billion in the first half of 2023, taking total savings balances with the mutual to…

Altrincham-based car dealership Lookers plc said on Thursday it has received an increased cash takeover offer worth £504.2 million or £1.30 a share or from Canadian car dealer…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its revenue rose 17.2% to £420.1 million in the six months to June 30, 2023,…

North Yorkshire power generator Drax Group has reported that its adjusted EBITDA (excluding electricity generator lLevy) rose 101% to £453 million in the six months ended…

York-based house building giant Persimmon plc said on Thursday that its chief financial officer (CFO) Jason Windsor will be leaving the company to become CFO at…