Northern Financial Review

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…

Bradford-based Yorkshire Building Society said its balances increased by £3.6 billion to £45.6 billion in the six months to June 30, 2023, amid rising interest…

Sage Group plc, the Newcastle-based FTSE 100 global tech business, said its total revenue increased 10% to £1.63 billion in the first nine months of…

Leeds-based transport data analytics firm Tracsis plc announced that Jill Easterbrook will be appointed non-executive chair of the board from September 1, 2023. Easterbrook joined Tracsis as…

Greater Manchester-based Revolution Bars Group plc said its group like-for-like sales were down 8.7% versus pre-Covid levels in the year ended July 2, 2023, “as trading…

LBG Media plc, the Manchester-based parent of Ladbible, announced that company co-founder Arian Kalantari has resigned as chief operating officer (COO) and as a director of…

ITM Power, the Sheffield-based green hydrogen and energy storage firm, announced that it intends to collaborate with W. L. Gore & Associates to “further deepen their…

Shares of Merseyside-based Vimto and soft drinks firm Nichols plc rose about 5% after it said its revenue increased 6.6% to £85.5 million in the half year…

Manchester-based molecular diagnostics firm Yourgene Health plc said on Wednesday it has signed a five-year contract extension with Illumina Inc. “The contract is a restated licence…

Severfield, the Thirsk, North Yorkshire-based steel group, announced that Ian Cochrane, an executive director of the company, will leave on September 30, 2023. “He is…

Matt Moulding’s Manchester-based online retailing giant THG plc has agreed to buy London-based business newspaper City AM. Moulding has had a fractious relationship with London’s…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, said its group sales fell 6% on a pro forma basis to £880.9 million…

Northcoders Group plc, the provider of software coding training programmes, announced it has successfully secured further funding from its UK Department for Education Skills Bootcamps Wave 4…

Chester-based price comparison website Moneysupermarket.com Group Plc said its revenue increased 11% to £213.8 million in the six months ended June 30, 2023, and profit…

Hull-based meat processing giant Cranswick said in a first-quarter trading update that revenue in the 13 weeks to June 24, 2023, was 14.7 % ahead…

Durham-based Atom Bank, the UK’s first app-based bank, has announced its first annual operating profit, revenue growth of 62%, and a doubling of savings deposits to £6.6…

Manchester-headquartered international law firm DWF Group plc said it agreed to be acquired by Inflexion Private Equity Partners LLP for £342 million or £1 per share,…

Manchester-based consumer brands giant THG plc said on Friday it sold entertainment products division THG OnDemand to a company led by the unit’s management and…

Harrogate-based equipment rental group Vp plc said a slowdown in housebuilding — where demand has reduced by 10% compared with 2022 — has stabilised at…

Chester-based identity data company GB Group (GBG) said that 57.46% of votes were cast against its directors’ remuneration report at the firm’s AGM on Thursday….

Altrincham-based car dealership Lookers plc said on Thursday it believes that shareholders representing in excess of 25% of the voting rights of the company intend to…

AJ Bell plc, the Salford-based investment platform giant, said in a quarterly trading update its customer numbers increased by 10,606 in the three months ended June…

Cheshire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, announced it has acquired the trade and assets of Geoff…

Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, announced on Wednesday the appointment of Peter Whiting, 57, as an independent non-executive…

Shares of ITM Power, the Sheffield-based green hydrogen and energy storage firm, rose about 10% after it announce the award of a contract “for the procurement…

Makeup firm Revolution Beauty announced that its CEO Bob Holt and chairman Derek Zissman have agreed to step down from the company as part of…

Humber Freeport has launched with a mission to drive hundreds of millions of pounds of investment and create at least 7,000 new jobs. The Freeport…

Newcastle-based building services firm Northern Bear plc said its revenue increased 14.1% to £69.7 million in the year ended March 31, 2023, and adjusted operating profit…

Shares of Doncaster-based DFS Furniture plc rose about 5% after it published a trading update for the 52 week period to June 25, 2023 (FY23) showing “record…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, announced that Duncan Kennedy has informed the company of his intention to step down from his…

Leeds-based Optalysys, a developer of a revolutionary photonic processing technology, announced a £21 million Series A funding round led by Italian investment firm Lingotto, Belgian…

Northumbrian Water Limited (NWL) said its operating profit increased from £188.3 million to £211.6 million in the year to March 31, 2023 — but higher finance…

South Yorkshire is to become the UK’s first Investment Zone, creating an expected 8,000 new jobs and bringing £1.2 billion of private investment by 2030….

Shares of Runcorn-based workwear and textile firm Johnson Service Group (JSG) rose about 10% on Friday after it published an update on trading to say its revenue…

The Port of Tyne announced it has secured a £100 million refinancing package with the UK Infrastructure Bank, Pricoa Private Capital and Lloyds Bank. Pricoa…

Shares of Manchester-based household products firm McBride rose almost 20% on Friday after it published a trading update saying its full year results “will report a…

Shares of Stockport-based musicMagpie fell as much as 20% on Thursday after it published results for the six months ended May 31, 2023, showing its…

Salford-based investment platform AJ Bell announced that its former chair Les Platts has been appointed as a “non-independent non-executive director” of the company with immediate effect…

Manchester-based Co-op Group said it has appointed Debbie White as chair designate. “Debbie brings a wealth of business and commercial experience and will succeed Allan…

Manchester industrial chain and power transmission firm Renold plc delivered “record results’ as it said its revenue increased 26.6% to £247.1 million and profit before tax…

Wilmslow-based fashion firm Sosandar plc has reported its first full year of profitability for the “transformational” 12 months to March 31 — and flagged a…

Begbies Traynor Group plc, the Manchester-based business recovery, financial advisory and property services consultancy, has reported a rise in annual revenue, profit and dividend, all helped…

Bradford-based Yorkshire Building Society announced that after nine years at the mutual, chair John Heaps will step down and be succeeded by Annemarie Durbin, who…

Manchester-headquartered international law firm DWF Group plc confirmed media speculation that it is in discussions with Inflexion Private Equity Partners LLP regarding a possible cash takeover…

Bury-based FTSE 100 retailer JD Sports Fashion plc said on Friday it will pay €500.1 million to buy out the minority investors in its Iberian business…

Sheffield-based affordable house builder MJ Gleeson plc said its Gleeson Homes business completed the sale of 1,723 homes in the year ended June 30, 2023, down from the…

Shares of York-based life sciences firm Aptamer Group plc rose about 20% after it published an update on recent contract wins amounting to up to £507,000…

Leeds-based Jet2 plc said its revenue increased by 309% to £5.033 billion in the year to March 31, 2023, and was up 40% on 2020 —…

Shares of Supreme plc, the Manchester fast-moving consumer products supplier, rose about 6% after it announced it was selected as a master distributor for vaping brands ElfBar…

Shares of SIG plc, the Sheffield-based international building materials supplier, fell about 13% after it said it expects “weak and uncertain demand conditions throughout the…

Manchester Airport Group Investments Limited (MAGIL) said its revenue increased 122.8% to £1.027 billion and its adjusted EBITDA rose 228.1% to £410.4 million in the 12 months…

Bolton-based online electrical retailer AO World plc returned to profit in the year to March 31, 2023, with statutory profit before tax of £7.6 million compared to…

Croda International Plc confirmed that following receipt of unconditional approval from the South Korean regulatory authorities, it has now completed the acquisition of Solus Biotech….

ScS Group, the Sunderland-based furniture and floorings company, announced the appointment of Mark Fleetwood as chief financial oficer (CFO). He will join the board of the…

A new plan will see the Greater Manchester Combined Authority (GMCA) extend its partnership working with United Utilities and the UK’s Environment Agency to “transform the…

City of Doncaster Council announced it has launched a search to find an “investor/operator” for the former Doncaster Sheffield Airport (DSA). The airport closed last year after…

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, has announced the signing of its first ever franchise agreement. The deal is with GMG, a…

Manchester-based molecular diagnostics firm Yourgene Health plc said on Monday it has agreed to a £16.7 million cash takeover by French company Novacyt. The proposed acquisition…

Cheadle, Cheshire-based Together Financial Services Limited, a specialist mortgage and secured loans provider, has announced the pricing of its £425.5 million first charge only residential mortgage…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday its new executive leadership team is now in place. Shaun Morton has succeeded…

Sheffield-based affordable house builder MJ Gleeson plc said it entered into a contract with global investment firm Carlyle and Gatehouse Investment Management for the sale of 288…

The Financial Reporting Council (FRC), the UK’s accounting regulator, said on Thursday it fined PwC and KPMG for “serious” failings in their auditing of Eddie Stobart…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. said its revenue rose 13.5% to £1.318 billion in the first quarter of its current financial year, covering the 13…

The union Unite said it struck a pay deal for over 2,000 workers employed by Manchester Airport worth up to 17% over two years plus…

Bury-based FTSE 100 retailer JD Sports Fashion plc said in an AGM trading update it expects its headline profit before tax and adjusted items for…

Shares of Manchester-based FTSE 250 consumer products company PZ Cussons — the maker of Carex and Imperial Leather — fell about 5% on Tuesday after it…

Manchester United has raised its previous revenue guidance of £590 million to £610 million for fiscal 2023 to a record £630 million to £640 million….

Aberdeen-based global engineering firm John Wood Group said it is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal in…

Yorkshire Water announced on Monday that the shareholders of Kelda Holdings Limited (KHL), parent of Yorkshire Water, have agreed to contribute £500 million to KHL…