Northern Financial Review

Harrogate-based equipment rental group Vp plc said on Wednesday its revenue fell 5% to £362.9 million for the year ended March 31, 2020, and that…

Carlisle-based Cumberland Building Society announced its annual results on Wednesday showing its total residential lending increased to £2 billion including £377 million of gross new…

Silsden, West Yorkshire-based Ecology Building Society on Wednesday announced results for the year ending December 31, 2019, showing savings balances up 11.6% at £185.3 million…

Manchester-based consumer brand and technology firm The Hut Group (THG) said on Wednesday its sales rose 24% to £1.14 billion and gross profit increased 22%…

Newcastle-based house building giant Bellway said on Tuesday it sold about 1,000 fewer homes between August 1, 2019, and May 31, 2020, with sales volume dented…

Shares of troubled Altrincham-based car dealership Lookers plc fell about 20% on Monday after it said it will delay publishing its 2019 financial results for…

Shares of Carlisle-based aviation and energy firm Stobart Group fell 31% on Friday after it announced it completed a placing of shares at 40p to raise…

The UK’s Financial Conduct Authority (FCA) on Friday outlined a package of measures designed to “address weaknesses across the defined benefit (DB) transfer market.” The…

Carlisle-based aviation and energy firm Stobart Group late on Thursday published its results for the 12 months to February 29, 2020, and announced a proposed capital…

Dechra Pharmaceuticals Plc, the Northwich, Chesire-based veterinary drugs giant, said on Thursday it raised £133.4 million by selling just over five million new shares in…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 8% on Thursday after it said it raised £48 million by selling new shares in the…

Altrincham-based car dealership Lookers plc said on Thursday it plans to cut 1,500 jobs and close 12 more sites as it struggles to emerge from…

Shares of Leeds-based property investor and car park operator Town Centre Securities rose about 8% on Wednesday after it issued a stock market statement confirming it…

Dechra Pharmaceuticals Plc, the Northwich, Chesire-based veterinary drugs giant, on Wednesday published a trading update for the period from July 1, 2019, to April 30,…

The latest Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies…

Leeds-based retail logistics firm Clipper Logistics on Tuesday published an update on its response to the Covid-19 pandemic and on trading for the full year ended…

Shares of Wakefield-based greeting card and gift retailer Card Factory fell about 9% on Tuesday after it published results for the year ended January 31, 2020,…

Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, said on Monday it completed the sale of its distribution and logistics business Fowler Welch to Culina Group…

The £75 billion Universities Superannuation Scheme (USS) – the UK’s largest private pension scheme by assets – on Monday announced plans to exclude and divest…

Sheffield-based European building materials supplier SIG plc announced on Friday a proposed £150 million equity raise with US buyout firm Clayton, Dubilier & Rice as…

Shares of Runcorn-based textile services provider Johnson Service Group (JSG) fell about 17% on Friday after it raised £85 million selling new stock in a placing and it…

Newcastle United Ltd on Friday published its financial results for the year ended June 30, 2019, showing turnover fell 2% to £176.4 million but profit after…

Shares of Manchester-headquartered international law firm DWF Group plc fell about 18% on Friday after it published a trading update showing “near term challenges” and…

Shares of Liverpool-based bargain retailer B&M European Value Retail rose 6% on Friday after it issued a trading update for the fourth quarter of 2019-20…

York-based Animalcare Group plc, the international animal health business, said on Thursday its revenue slipped 1.9% to £71.1 million in the year ended December 31,…

The English Premier League announced on Thursday that its shareholders have agreed to a new provisional restart date for the 2019-20 season of Wednesday June 17, provided…

Macclesfield-based heat treatment and thermal processing giant Bodycote said on Thursday it will cut 700 jobs — about 13% of workforce — and that its revenue for…

Manchester-based online fashion giant Boohoo Group plc announced on Thursday it will pay up to £324 million in cash and stock to buy the remaining 34%…

Shares of Manchester-based online fashion giant Boohoo Group plc fell another 4% on Wednesday after it published a stock exchange statement refuting an attack on…

The UK’s audit watchdog the Financial Reporting Council (FRC) said on Tuesday it has started two investigations into the audits of Warrington-based Eddie Stobart Logistics…

Highways England has announced that major upgrades to the notorious Trans-Pennine A66 road have come a step closer with the “official preferred route” announced for…

Shares of Newcastle-headquartered international bus and rail giant Go-Ahead Group fell about 11% on Friday after the firm published a trading update for the year ending June…

Shares of Salford-based investment platform AJ Bell fell about 15% to around 380p on Friday after Invesco Asset Management Limited said it sold almost 31…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday it raised £67.3 million in a sale of new stock in the firm…

Warrington-based United Utilities, the UK’s largest listed water company, said on Friday its underlying profit before tax rose £32 million to £492 million and revenue climbed…

Sheffield-based property investment and construction group Henry Boot plc said on Thursday its revenue fell 4% to £379.7 million in the year ended December 31,…

Manchester-based corporate rescue giant Begbies Traynor Group plc on Thursday published an update on trading for its financial year ended April 30, 2020, saying revenue is…

Chesire-based pet and vet retailer Pets at Home Group Plc said on Thursday its revenue grew 10.2% to exceed £1 billion for the first time…

New York-listed Manchester United plc on Thursday announced results for its 2020 fiscal third quarter ended March 31, 2020, saying total revenue fell 18.7% to £123.7…

Assura plc, the Warrington-based healthcare real estate investment trust (REIT), said on Thursday its portfolio of 576 properties yielded a rent roll up 6.4% at…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, rose about 17% on Thursday after it announced it raised £172 million in a sale…

Stobart Group, the aviation and energy firm, announced on Thursday that its wholly owned subsidiary Stobart Group Brands LLP has sold the Eddie Stobart and Stobart…

Salford-based investment platform AJ Bell said on Thursday its revenue rose 22% to £60.9 million and profit before tax (PBT) was up 28% to £22.7…

The UK government on Wednesday sold a bond that pays a negative yield for the first time. The UK sold £3.8 billion of three-year gilts…

Derby-based Rolls-Royce plc said on Wednesday it plans to cut at least 9,000 jobs from its 52,000 global workforce amid a slump in demand for…

Asda, Walmart’s Leeds-based subsidiary, said on Tuesday its first-quarter like for like sales, excluding petrol, increased 3.5% on the same period of 2019. The three-month…

Shares of Manchester-based McBride plc, the manufacturer of household cleaning products, rose about 6% on Tuesday after it published a trading update for its current financial year that…

Shares of Leeds-based engineering services group Renew Holdings rose about 15% on Tuesday after it published what it called a record first-half report for the…

Lancashire Cricket Club said it reported the best-ever EBITDA for a First-Class County of £7.6 million in its annual financial report for the year ending December 31,…

Manchester-based fashion retailer N Brown Group on Tuesday published a trading and financing update amid the industry’s coronavirus crisis troubles. The firm said trading has…

Global company dividends for 2020 could fall as much as 35% — almost $500 billion — according to the worst-case scenario in the latest Janus…

Troubled shopping centre operator Intu Properties plc said on Monday it will probably breach its debt covenants at the end of June due to falling…

The Yorkshire County Cricket Club said its employees have agreed up to 20% in salary reductions due to the impact of Covid-19. “These reductions, which…

Chester-based price comparison website Moneysupermarket Group announced on Friday the appointment of Peter Duffy as chief executive officer effective from September 1, 2020, subject to normal…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 30% on Friday after it published a stock market statement on a “very exciting development” in…

Manchester-based online fashion giant Boohoo Group plc on Thursday announced a proposed placing of new ordinary shares with existing and new institutional investors to raise up…

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said on Thursday it raised its interim dividend 6% “driven by rental growth and investment activity.” For the…

Ashton-under-Lyne-based healthcare and industrial firm Scapa Group said on Thursday it raised £32.6 million via the placing and subscription of just over 31 million new…

Port of Tyne said on Wednesday it is to become the new base for the world’s biggest offshore wind farm, Dogger Bank. Equinor and SSE…

West Yorkshire-based natural stone and landscaping products firm Marshalls plc said in a trading statement on Wednesday that its sales in the four months through April…