Northern Financial Review

Shares of Manchester-based molecular diagnostics company Genedrive rose about 10% after it announced the UK’s National Institute for Health and Care Excellence (NICE) has recommended in draft guidance…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, announced the completion of an external investigation into “non-itemised assets” at the firm. Speedy Hire…

Shares of Leeds-based piping and ventilation systems firm Genuit Group plc — formerly called Polypipe Group — rose as much as 14% on Thursday after it said…

Newcastle-headquartered Grainger plc — the UK’s largest listed residential landlord — has welcomed the UK government’s Renters Reform Bill “and its principal aim of improving and raising…

Alderley Park-based Redx Pharma announced it made a loss of £20.8 million for the six months ended March 31, 2023, “driven by lower revenue, higher…

By Mark McSherry Shares of Sage Group plc, the Newcastle-based FTSE 100 global tech business, rose as much as 4% after it reported that its…

By Mark McSherry Bury-based FTSE 100 retailer JD Sports Fashion plc said on Wednesday it expects that its headline profit before tax and adjusted items for…

Shares of Blackburn-based toilet roll and tissue maker Accrol Group rose as much as 4% after it published a trading update ahead of its final…

Leeds-based engineering services and infrastructure group Renew Holdings said its revenue increased 13.9% to £471.8 million and profit before tax rose 20.9% to £26.3 million in…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said its revenue rose 38% to £73.2 million in the six months to March 31, 2023, while…

Shares of Manchester-based online fashion giant Boohoo rose as much as 14% on Tuesday after CEO John Lyttle spoke of “a clear path to improved…

Newcastle-based Greggs said in a trading update that like-for-like (LFL) sales in company-managed shops grew 17.1% in the first 19 weeks of 2023 “in part…

By Mark McSherry Wynyard, Stockton-on-Tees chemical products and pigments firm Venator Materials announced that it has reached an agreement with the “overwhelming majority” of its…

Manchester-based DSW Ventures, the venture capital business of the Dow Schofield Watts group, has announced the successful first close of its debut Seed Enterprise Investment…

Peel L&P said its plans for two new sustainable communities have been submitted to Salford City Council for approval following consultation with residents and stakeholders….

Kao Data announced it has secured an extensive, industrial-scale site for redevelopment at Kenwood Point, Manchester, with the aim of establishing a new 40MW data…

By Mark McSherry Manchester-based consumer brands giant THG plc announced it has terminated talks with with New York private equity firm Apollo Global Management on Apollo’s indicative…

Dechra Pharmaceuticals, the Cheshire-based international veterinary drugs giant, said on Thursday it has extended the deadline for a possible £4.63 billion all-cash takeover offer from Swedish…

Lord Jim O’Neill has been announced as the new chair of the Northern Powerhouse Partnership (NPP), the business-led think tank and advocacy group based in…

Newcastle-headquartered Grainger plc — the UK’s largest listed residential landlord and a leader in the build-to-rent sector — announced a 10% rise in its dividend as it revealed a…

The UK government’s Transport Secretary Mark Harper has announced he will not renew or extend FirstGroup’s contract for the Transpennine Express (TPE) business at the end…

Bury-based FTSE 100 retailer JD Sports Fashion plc announced that Dominic Platt has been appointed as its chief financial officer (CFO) and as a member of the…

Gateshead-based Vertu Motors plc said its revenue rose £399.4 million or 11% to £4.015 billion in the year ended February 28, 2023, but adjusted profit before tax…

Rotherham-based property and land regeneration firm Harworth Group announced the sale of Towngate Business Park, Widnes and Four Oaks Business Park in Walton Summit, Preston,…

York-based life sciences firm Aptamer Group plc announced that Arron Tolley has left his position as chief executive officer and board director with immediate effect….

Lidl GB announced that it is recruiting over 1,500 warehouse staff across its existing regional distribution centre (RDC) network, while confirming plans to build a…

Skipton Building Society announced it plans to launch a 100% mortgage aimed at potential first-time buyers who cannot save for a deposit — the first…

By Mark McSherry Bury-based FTSE 100 retailer JD Sports Fashion plc announced it is in exclusive talks to buy French chain Courir for an enterprise value…

Shares of Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, fell as much as 13% on Tuesday after it published a trading update for…

Manchester industrial chain and power transmission firm Renold plc said it has reached agreement for the extension of its core banking facilities that were due to…

Matthew Moulding, founder and CEO of Manchester-based consumer brands giant THG plc, has blasted the London Stock Exchange (LSE) and the UK’s Financial Conduct Authority…

Begbies Traynor Group plc, the Manchester-based business recovery, financial advisory and property services consultancy, said it has completed the acquisition of BLC No1 Limited, which trades…

SIG plc, the Sheffield-based international building materials supplier, has reported like-for-like sales growth of 1% with revenues of £924 million for the four months to April…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said its revenue in the first four months of the year amounted to £135 million, 22% higher than…

Altrincham-based car dealership Lookers plc announced the acquisition of Waterhouse Cars Limited, an automotive retail group based in Chelmsford, Essex. “The acquisition complements the group’s…

Wakefield-based greeting card and gift retailer Card Factory said its profit before tax soared 368.5% to £52.4 million as revenue rose 27.1% to £463.4 million in…

Publisher National World announced the acquisitions of Manchester-based Insider Media Limited and the Rotherham Advertiser as part of its strategy “to create a fully digitised…

Carlisle-based agriculture and engineering firm Carr’s Group said on Tuesday morning its revenue increased 24% to 79.8 million in the 26 weeks ended March 4, 2023,…

Accrol Group, Blackburn-based toilet roll and tissue maker, announced that Chris Welsh has joined its board as chief financial officer. “As detailed in the HY23 results…

Durham-based Atom bank, the UK’s first app based bank, is hoping to raise up to £150 million to fund expansion ahead of a stock market listing…

Salford-based investment giant AJ Bell has revealed details of its consultancy arrangements with outgoing chair Helena Morrissey. “Further to the announcements on 27 September 2022 and…

Lancashire Cricket announced it has recorded an operating profit of £3.068 million for the year ended December 31, 2022. Emirates Old Trafford’s on-site Hilton Garden…

Manchester-based Co-op Bank said its underlying profit before tax rose about 28% to £35.1. million in the three months ended March 31, 2023. Co-op Bank said its…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, said its 2022 revenue from continuing operations increased 8.1% to £478.1 million and it made…

By Mark McSherry Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, said its subsidiary Astragon Entertainment GmbH has completed the acquisition of the…

Leeds-based Jet2 plc has announced a major investment into a new Sustainable Aviation Fuel (SAF) production plant to be constructed at Ellesmere Port, Cheshire. The agreement will see…

Shares of Manchester-based tool and equipment rental firm HSS Hire Group plc rose about 7% on Thursday after it reported that its 2022 revenue grew 9.7%…

Merseyside-based Vimto and soft drinks firm Nichols plc announced at its AGM on April 26 that chief financial officer David Rattigan has resigned from the board…

James Fisher and Sons plc, the Barrow-in-Furness international marine engineering company, announced on April 26 it has reached agreement on the terms of a new £210…

By Mark McSherry Munich-based investment firm Aurelius Equity Opportunities SE & Co. KGaA said it has sold Manchester-based Distrelec Group, a European B2B distributor of electronic…

Shares of North Yorkshire power generator Drax Group rose as much as 4% after it announced a £150 million share buyback programme and published a…

Shares of York-based house building giant Persimmon plc rose as much as 5% after it said its recent trading “has offered some signs of encouragement”…

Wetherby-based life sciences company Avacta Group said its reported group revenues for the year ended December 31, 2022, increased to £9.65 million compared from £2.94…

Shares of Manchester-based household products firm McBride rose about 10% after it published a trading update for its current financial year ending June 30, 2023,…

Harrogate-based IT firm Redcentric plc has announced “provisional results” in an update for the year to March 31, 2023, showing revenues rose 52% to £141.8…

Renewable energy giant Drax Group has announced that almost 50 years of power generation from coal at its North Yorkshire power station has come to…

By Mark McSherry Wakefield-based greeting card and gift retailer Card Factory said on Tuesday it has acquired SA Greetings Corporation (Pty) Ltd and its subsidiaries, which…

Shares of Northcoders Group plc rose as much as 9% after the provider of training programmes for software coding published results for the year ended…

Bury-based FTSE 100 retailer JD Sports Fashion plc announced that Angela Luger and Darren Shapland will be appointed as non-executive directors with effect from June 1,…

NCC Group, the Manchester-based global cyber security firm, announced the appointment of The Guardian executive Diji Akinwale to the new role of Director of Strategy…

Wakefield-based greeting card and gift retailer Card Factory announced that its performance in the year ended January 31, 2023, includes revenue of £463.4 million. The company…

Manchester-based consumer brands giant THG plc announced that advertising and marketing veteran Sue Farr has been appointed senior independent director of THG with immediate effect. “Sue…

Salford-based investment platform giant AJ Bell plc has announced the appointment of Fiona Clutterbuck as the non-executive chair of the company with effect from May…

Leeds-based Jet2 plc said it now expects to report a group profit before foreign exchange revaluation and taxation for the year ended March 31, 2023, of between…

Shares of Chester-based identity data company GB Group (GBG) recovered some ground after it announced a positive trading update for the year to March 31, 2023….

Salford-based AJ Bell said customer numbers in its investment platform business increased by 20,643 in the quarter ended March 31, 2023, to close at 455,008,…

By Mark McSherry Jaguar Land Rover (JLR), a subsidiary of Tata Motors, announced it will invest £15 billion over the next five years to develop electric cars…

Kendal-based paper products and advanced materials firm James Cropper plc has published a trading update and overview of its strategy “to accelerate revenue and profit growth”…

Shares of Manchester-based consumer brands giant THG plc fell about 17% on Tuesday after it published results for the financial year ended December 31, 2022, and…

Liverpool-based Surface Transforms plc said it increased the “lifetime value” of its order book by £175 million to £290 million in the year to December…