Man Utd quarterly revenue up 17% to £141m

Manchester United plc said revenue for the 2018 fiscal first quarter ended September 30, 2017, rose 17% to £141 million in a period when it signed three new players…


Dart Group half year revenue up 34% to £1.6bn

Shares of Leeds-based leisure and logistics firm Dart Group, owner of Jet2.com and Jet2holidays, rose 8% after it said it is optimistic it will exceed market expectations of full-year…



Walmart cheers sales growth at Asda

Walmart said its Leeds-based subsidiary Asda enjoyed a second consecutive quarter of positive like-for-like growth. Walmart announced in its earnings for the third quarter that Asda reported…










Schroders buys No 1 Spinningfields for £200m

Allied London’s recently completed Manchester development, No 1 Spinningfields, has been acquired by clients of Schroder Real Estate for more than £200 million. Schroder Real…



Morrisons enjoys third-quarter sales growth

Bradford-based supermarket group Morrisons said its third-quarter like-for-like sales excluding fuel were up 2.5%, “comprising contributions from retail of 2.1% and wholesale of 0.4%.” “We again worked hard…



Burnley to succeed Clarke as Asda CEO

Walmart said Roger Burnley would take over as CEO at its Leeds-based subsidiary Asda on January 1, 2018, succeeding Sean Clarke who will leave the post after just…


Footasylum IPO values firm at £171m

Lancashire-based youth footwear and apparel retailer Footasylum said its initial public offering (IPO) at £1.64 per share raised gross proceeds of £65.4 million. Footasylum’s brands include…





Virgin Money CEO in gender equality push

The CEO of Edinburgh and Newcastle-based Virgin Money, Jayne-Anne Gadhia, has supported calls for a “ministerial board” that champions the economic benefits of gender diversity….


Canadian property firm to acquire WHR

Canadian real estate firm Avison Young said it agreed to acquire Manchester property consultancy WHR. The Manchester office will become Avison Young’s fifth office in…







Virgin Money mortgage balances hit £33bn

Shares of Newcastle and Edinburgh-based challenger bank Virgin Money rose about 5% after it gave investors a positive trading update and outlook for rest of…


Lancashire’s Footasylum plans £150m AIM float

Lancashire-based youth footwear and apparel retailer Footasylum announced plans to float its shares on London Stock Exchange’s AIM market. The initial public offering is expected to…



Provident shares up 12% on home credit hopes

Shares of troubled Bradford-based subprime lender Provident Financial rose about 12% on Friday after it reported progress with its home credit business recovery plan in a trading…




£137m Co-op offer recommended by Nisa board

The board of Scunthorpe-based Nisa Retail Limited, the member-owned retail and wholesaling group, has unanimously recommended to its shareholders an offer of up to £137.5…



Manchester Festival worth £40m to local economy

This year’s Manchester International Festival was worth £40.2 million to the local economy, according to Manchester City Council. The Festival had more productions on offer, bigger audiences,…





Sunderland sofa firm ScS revenue up to £333m

Shares of Sunderland-based furniture and floorings retailer ScS Group rose 7% on Tuesday after it said revenue rose 4.9% to £333 million and profit before tax jumped 9.9%…





Aprirose buys Leeds-based QHotels for £525m

Real estate investment company Aprirose said it completed the acquisition of Leeds-based QHotels from Bain Capital Credit and Canyon Partners for £525 million — the…




Grainger on course for £850m investment target

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said in a trading update it expects to report full-year adjusted earnings approaching £70 million, up from £53.1…







Man Utd revenue up 12.8% to record £581.2m

Manchester United announced financial results for the 12 months ended June 30, 2017, with revenue up 12.8% to £581.2 million and earnings before interest, tax, depreciation and…



Drax CFO Gardiner succeeds Thompson as CEO

Selby, North Yorkshire-based power company Drax Group said its chief financial officer Will Gardiner will succeed Dorothy Thompson as CEO from January 1, 2018 — just as…