Northern Financial Review

The two founders of Manchester-based online fashion giant Boohoo Group plc, Mahmud Kamani and Carol Kane, intend to sell up to 50 million shares in…

M&G Investments on Wednesday suspended dealing in its £2.5 billion open-ended UK property fund as it blamed Brexit uncertainty for an increase in requests from…

Bradford-based supermarket giant Morrisons on Wednesday promoted finance chief Trevor Strain to the role of chief operating officer, putting him in pole position to eventually take…

NewRiver REIT plc announced the acquisition of Warrington-based pub company Bravo Inns Limited for £17.9 million. Bravo Inns owns 44 community pubs, predominantly located in…

Electricity North West announced on Tuesday that institutional investors advised by First State Investments and J.P. Morgan Asset Management have agreed to sell their remaining…

Mercia Asset Management said it agreed to acquire the venture capital trust (VCT) fund management business of Newcastle-based NVM Private Equity LLP for up to…

Peel Ports said that three “megamax” quayside cranes arrived at the Liverpool2 container terminal, completing the final stage of their voyage from China. Each crane…

Manchester-based branded merchandise firm The Pebble Group plc has priced its initial public offering and conditional placing at 105p per share as it intends to…

Shares of Manchester-based online fashion giant Boohoo Group plc edged 2% higher on Tuesday after it issued a positive trading update that included a “record performance…

Troubled tourism agency Welcome to Yorkshire announced on Monday that former sports journalist James Mason has been appointed as its new chief executive. The 41-year-old,…

Build-to-rent (BTR) developer Moda Living and investor Apache Capital Partners said they secured a £96 million loan from LaSalle Investment Management to kick-start construction on…

Shares of Newcastle-based international bus and rail giant Go-Ahead Group slipped about 3% on Thursday after it slightly lowered its expectations for its regional bus…

Manchester City’s parent firm City Football Group (CFG) said it agreed a deal to acquire a majority stake in its eighth club — Mumbai City…

The number of North West firms securing overseas investment fell slightly in the third quarter compared to 12 months ago, with 14 transactions completed in…

UPDATE 2 — Shares of Virgin Money UK, formerly called CYBG, soared about 20% on Thursday after the bank said it believed the worst of…

The chairman of Sunderland-based furniture and floorings retailer ScS Group told the firm’s AGM on Wednesday that “ongoing economic and political uncertainties” are continuing to impact…

Manchester-based online holiday retailer On the Beach Group plc said on Wednesday its profit before tax for the year to September 30 fell 26% to…

Manchester City’s Abu Dhabi-controlled parent organisation City Football Group (CFG) announced on Wednesday that Silicon Valley-based private equity firm Silver Lake has agreed to make a $500…

Shares of Wilmslow, Chesire-based pet and vet retailer Pets At Home rose about 14% on Tuesday after it said it expects to return to profit growth…

Logistics company Wincanton plc, the UK’s largest logistics group, said on Monday its board had decided not to make an offer for Eddie Stobart Logistics….

Peel Ports has recorded a record-breaking month for its container operations at the Port of Liverpool. Quayside and landside throughput in October at its Liverpool…

Manchester-based online beauty and wellness firm The Hut Group (THG) on Thursday announced the launch of its inaugural Term Loan B (TLB) debt issuance.  THG said it is…

Trade conflicts, weak business investment and political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, rose about 6% on Thursday after it said its revenue for the half year to September 30 rose 16%…

Shares of Macclesfield-based engineering and thermal processing giant Bodycote rose about 4% on Wednesday after it released a trading update covering the four-month period to October…

Shares of Leeds-based retail logistics firm Clipper Logistics plc soared 22% on Wednesday after it confirmed in a stock exchange statement that it received a…

Shares of Newcastle-based software giant Sage Group fell about 5% on Wednesday morning after it reported a 13% drop in full-year “organic” operating profit to £432…

Warrington-based United Utilities, the UK’s largest listed water company, said on Wednesday its profit before tax rose £4 million to £244 million in the six months…

Manchester-headquartered international law firm DWF on Monday issued a trading update for its half year ended October 31, 2019. DWF, which went public in March 2019,…

Manchester-based branded merchandise firm The Pebble Group has announced its intention to go public on the AIM market of the London Stock Exchange in early…

Greater Manchester-based healthcare and industrial adhesives firm Scapa Group said on Tuesday its first-half revenue grew 14.3% to £160.8 million despite the loss of a contract with…

Law firm Addleshaw Goddard said on Tuesday its banking team advised Manchester-based Co-op Group on the renewal of its £400 million banking facilities with a…

Manchester City Football Club on Tuesday released its 2018-19 Annual Report, posting record revenues of £535.2 million. The club, which this year entered its second…

Doncaster-based plastic piping and ventilation systems firm Polypipe on Tuesday issued a trading update for the 10 months ended October 31, 2019, reporting a “resilient performance…

Shares of Bolton-based online electrical retailer AO World rose about 13% on Tuesday after it said its revenue rose 16.3% to £470.1 million in the six months…

Newcastle-based cloud software giant Sage Group, the UK’s largest listed tech company, said on Monday it agreed to sell its Sage Pay business to Elavon,…

New York-listed Manchester United said on Monday its revenue edged slightly higher to £135.4 million in its fiscal first quarter ended September 30, 2019 —…

Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…

Salford-based broadband giant TalkTalk Telecom Group said on Friday it has put the sale of its full fibre broadband business FibreNation on hold after the UK’s…

Wakefield-based greeting card and gift retailer Card Factory said on Thursday its customers are spending more on average in its stores and online, helping to…

Manchester-based regeneration firm Peel L&P said Doncaster Council approved construction of a 3.5 million sq ft advanced manufacturing and logistics development at Doncaster Sheffield Airport…

Shares of Carlisle-based energy, airports and civil engineering firm Stobart Group fell about 5% on Thursday after it suspended its dividend to conserve cash and…

Walmart’s Leeds-based subsidiary Asda — which is considering a future UK stock market listing — said on Thursday that concerns over Brexit “continue to negatively affect customer…

Newcastle-based Northern Venture Trust plc said it maintained its total dividend for the year to September 30, 2019, despite its return on ordinary activities falling…

A new forecast from real estate adviser Savills predicts the North West of England will see the strongest house price growth — of about 24%…

Everton Football Club has revealed the results of its extensive public consultation into designs for a proposed 52,000 capacity stadium at Liverpool’s Bramley-Moore Dock and…

Warrington-based Eddie Stobart Logistics Plc said on Wednesday that Isle of Man private equity firm DBAY Advisors, a major shareholder, has submitted a proposal to…

Shares of York-based online music equipment retailer Gear4music fell 11% on Tuesday after it released interim results for the six months ended September 30, 2019. The…

Warrington-based healthcare real estate investment trust (REIT) Assura plc said on Tuesday its rent roll grew 2% to £104.4 million and net rental income rose 10%…

Shares of Liverpool-based bargain retailer B&M European Value Retail fell about 6% on Tuesday after it wrote down the value of its loss-making German business Jawoll…

China’s Jingye Group said on Monday it reached a provisional deal to buy British Steel and promised to invest £1.2 billion over the next decade…

Shares of Scarborough-based Sirius Minerals plc, the firm behind the controversial $5 billion fertilizer mine in North Yorkshire, rose about 9% on Monday as it outlined a new two-stage development plan…

Shares of Newcastle-based bakery and “food-on-the-go” retailer Greggs soared 17% on Monday after it said in a trading update its sales rose 12.4% in the six…

Moody’s Investors Service has placed the UK’s sovereign credit rating on negative outlook, saying the UK’s ability to set policy has weakened in the Brexit era…

Jet2.com, part of Leeds-based leisure and logistics firm Dart Group, said on Friday it has bought Thomas Cook’s UK slots at Birmingham, London Stansted and Manchester…

Proposals for a £60 million hotel and apartment development have been given the go ahead by Gateshead Council’s planning committee. Liverpool-based Elliot Group submitted the plans…

Manchester-based Secure Trust Bank Commercial Finance said it has lent £4 billion to businesses since establishing in 2014. Secure Trust Bank Commercial Finance said it…

Manchester-based Co-operative Bank said on Thursday its third-quarter loss before tax increased 36% to £118.6 million, primarily reflecting a PPI (payment protection insurance) charge of £60…

The UK’s central bank on Thursday kept interest rates on hold — but two members of the Bank of England’s monetary policy committee (MPC) unexpectedly…

Manchester-based Auto Trader Group plc — the UK’s largest digital automotive marketplace — said on Thursday its profit before tax jumped 12% to £127.7 million…