Bodycote reduces exposure to combustion engine

Macclesfield-based engineering and thermal processing giant Bodycote announced on March 12 a restructuring that will reduce its exposure to the internal combustion engine. The news came…


Morrisons speeds up payments to help suppliers

Bradford-based supermarket giant Morrisons said on Friday it will make immediate payments to its smaller suppliers to help them with cash flow during the ongoing coronavirus pandemic. “The…












Provident Financial downgraded by Fitch

Bradford-based subprime lender Provident Financial said on Tuesday that Fitch Ratings has downgraded the group’s credit rating from BBB- with a negative outlook to BB+…




Wakefield’s Team17 grows revenue 43% to £62m

Wakefield-based video game developer Team17 Group said on Tuesday its 2019 revenue grew 43% to £61.8 million and profit before tax rose 121% to £19.2 million. Team17 Group’s shares…




Oil falls 25% and global stocks plunge

Global stock markets tumbled on Monday as investors fled to bonds amid the economic shock of the coronavirus, while oil prices plunged about 25% after…


Nissan in £400m Sunderland investment

Nissan on Friday unveiled a new £52 million XL press line in its Sunderland manufacturing plant as it ramps up preparations for the next generation…










Begbies shares up 9% amid insolvencies boost

Shares of Manchester-based corporate rescue giant Begbies Traynor Group plc rose 9% on Tuesday after it released a trading update for its third quarter ended January 31,…





Coronavirus could halve global growth says OECD

The coronavirus Covid-19 presents the global economy with its greatest danger since the financial crisis, according to the OECD’s latest Interim Economic Outlook. The Interim Outlook…








Liverpool FC revenue rises to £533m

Liverpool Football Club on Thursday announced annual financial accounts for the season in which the club won its sixth European Cup and invested a club record…