UPDATE 3 — The UK’s Competition and Markets Authority (CMA) has blocked Sainsbury’s £7.3 billion takeover of Walmart’s Leeds-based subsidiary Asda after finding it would…

Walmart’s Leeds-based subsidiary Asda and Sainsbury’s on Tuesday committed to deliver £1 billion of annual price cuts as they attempt to salvage their proposed merger….

UPDATE 3 — Shares of Sainsbury’s fell 15% on Wednesday after the UK’s competition regulator delivered a potentially fatal blow to its £7.3 billion proposed…

Walmart’s Leeds-based subsidiary Asda — currently preparing to be taken over by Sainsbury’s — on Tuesday reported a slowdown in the rate of underlying sales growth…

J Sainsbury plc and Leeds-based Asda Group Ltd said on Wednesday they will lodge an application with the UK’s Competition Appeal Tribunal for a Judicial Review of…

Walmart’s Leeds-based subsidiary Asda — currently preparing to be taken over by Sainsbury’s — on Thursday reported a sixth straight quarter of underlying sales growth. For the…

The UK’s Competition and Markets Authority (CMA) said on Wednesday the proposed merger of J Sainsbury and Asda Group is being referred for an in-depth Phase…

The Competition and Markets Authority (CMA) said on Thursday it has launched a formal investigation into the proposed merger between J Sainsbury and Asda Group. Sainsbury’s…

Walmart’s Leeds-based subsidiary Asda — currently preparing to be taken over by Sainsbury’s — has reported a fifth quarter of positive growth in the period from April 1 to…

Sainsbury’s, which agreed a £7.3 billion cash and shares takeover of Walmart’s Leeds-based subsidiary Asda in April, said on Wednesday it agreed a financing package of…

Walmart’s Leeds-based subsidiary Asda — currently preparing to be taken over by Sainsbury’s — announced on Tuesday that Rob McWilliam will return to the supermarket as…

Walmart’s Leeds-based subsidiary Asda — currently preparing to be taken over by Sainsbury’s — said its 2017 operating profit fell 13% to £735.4 million “driven by planned strategic…

Walmart said its Leeds-based subsidiary Asda increased its sales in the first quarter to March 31 as it prepares to be taken over by Sainsbury’s. Sainsbury’s said…

Sainsbury’s has agreed to buy Walmart’s Leeds-based subsidiary Asda for about £7.3 billion in cash and shares to create the UK’s largest supermarket group by…

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…

Walmart said its Leeds-based subsidiary Asda chalked up its fourth consecutive “step on” in sales, reporting like-for-like sales growth of 0.5% in the fourth quarter to December…

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…

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…

Leeds-based Asda, a subsidiary of US retail giant Walmart, said its comparable sales declined 2.9% in the fourth quarter ending December 31, excluding petrol. But the figures showed an…

A private 5G network-enabled Innovation Lab will soon transform the Port of Blyth into a technology hub for the North East of England, providing unprecedented access…

Supreme plc, the Manchester-based supplier of vaping and fast-moving consumer goods, doubled its annual profit, but its shares dipped 5% on Tuesday in the shadow…

Newton Aycliffe-based offshore energy services firm Tekmar Group has announced board and leadership changes in line with its succession planning. Richard Turner, 45, will join Tekmar…

Wetherby-based life sciences company Avacta Group announced that Christina Coughlin has been appointed as its new CEO, effective May 1, 2024, and that after 19 years as CEO, Alastair…

Yorkshire Building Society has confirmed that Santander UK executive Tom Ranger will join the mutual as chief finance officer (CFO) later this year. Yorkshire Building…

Bradford-based Yorkshire Building Society announced that its chief financial officer (CFO) Alasdair Lenman plans to retire in June this year after seven years with the mutual…

Newcastle-based venture capital and social investment firm Northstar Ventures has launched its first Enterprise Investment Scheme (EIS) fund, the Northstar EIS Growth Fund, which is now open for subscriptions….

Shares of Manchester-based consumer brands giant THG plc rose as much as 10% after it announced an agreement in principle with wellness retailer Holland & Barrett…

AJ Bell, the Salford investment platform giant, has estimated that FTSE 100 companies are set to return £137.2 billion to their shareholders in 2023 including ordinary dividends, special…

Wetherby-based life sciences company Avacta Group announced the appointment of experienced dealmaker Simon Bennett as chief business officer of its Therapeutics Division.  “Simon has over 26…

Blackburn-based petrol forecourt and retail company EG Group announced it has agreed a deal to acquire Tesla’s latest ultra-fast charging units to boost its electric…

Blackburn-based petrol forecourt and retail company EG Group, which last week sold its UK and Ireland operations to Asda, announced it is seeking to amend…

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,…

Leeds-based Jet2 plc announced the appointments of Simon Breakwell and Angela Luger as independent non-executive directors of the company with effect from April 27 and July…

By Mark McSherry Shares of Alderley Park-based Redx Pharma fell about 15% on Monday after it announced that its $425 million all-share merger agreement with…

Supreme plc, the Manchester fast-moving consumer products supplier, on Tuesday touted optimism for its outlook as vaping products boosted its revenue but profit fell in the…

Blackburn-based petrol station, restaurant and convenience store giant EG Group announced that its revenue increased 12.3% to $8 billion for the three months to September 30,…

Manchester-based Co-op Group said on Thursday its first-half revenue was flat at £5.6 billion for the 26 weeks to July 2, 2022, while underlying EBITDA fell to…

Shares of Stockport-based musicMagpie — which allows consumers to buy, rent and sell refurbished consumer technology — fell about 70% on Monday after it published…

Doncaster-based DFS Furniture plc announced that Ian Durant will retire as chair at the AGM on November 4 2022 and will be succeeded by remuneration committee…

Bradford-based Yorkshire Building Society announced that Barclays executive Susan Allen has been appointed as its chief executive officer. Yorkshire Building Society has assets of £56.4…

Bradford-based Yorkshire Building Society announced its saving balances increased to £37.7 billion in the six months to June 30, 2022, up from £35.5 billion at…

Bradford-based Yorkshire Building Society announced on Friday that Alasdair Lenman has been appointed as interim chief executive officer with immediate effect and that Robert Purdy has…

Shares of Liverpool-based B&M European Value Retail fell as much as 15% on Tuesday after the firm warned its profit margins would take a hit this…

Administrators PriceWaterhouseCoopers (PwC) announced on Monday that it completed a sale of McColl’s Retail Group plc to Alliance Property Holdings Limited, part of the Bradford-based Morrisons…

Salford-based fashion firm In The Style announced that it expects, subject to audit, to report full-year revenue of £57.3 million, which equates to 28% growth…

Blackburn-based petrol station, restaurant and convenience store giant EG Group has announced plans to create more than 32,000 jobs globally over a five-year period — driven by a…

By Mark McSherry Leeds-based Clipper Logistics plc and GXO Logistics, Inc. of the United States announced they reached agreement on the terms of a recommended £965…

Leeds-based Clipper Logistics plc and GXO Logistics, Inc. of the United States announced they have reached “agreement on the key terms of a possible cash…

Skipton Building Society said it will appoint Gwyn Burr as its new chair on April 26 when Robert East retires from the role. “Robert has served the…

Newcastle-based food-to-go retailer Greggs said on Thursday it has appointed its retail and property director Roisin Currie to succeed Roger Whiteside as chief executive when he…

Leon, the “fresh fast food” restaurant chain bought by Blackburn-based petrol station and convenience store giant EG Group in April, has unveiled a growth strategy centred on plans…

Shares of Salford-based fashion firm In The Style fell as much as 10% on Wednesday after it warned that “industry-wide global supply chain disruption and…

Stockport-based musicMagpie — which allows consumers to buy, rent and sell refurbished consumer technology — said on Wednesday its financial performance for the year is in…

Manchester-based fast-moving consumer products wholesaler Supreme plc said on Tuesday its revenue increased 9% to £61.1 million in the six months to September 30 as it…

US private equity group Clayton, Dubilier & Rice (CD&R) has delayed plans to raise £6.6 billion in debt to finance its agreed buyout of Bradford-based…

Santander UK announced on Monday the appointment of Mike Regnier as its chief executive officer (CEO), subject to regulatory approval. Regnier joins Santander UK from Yorkshire…

Shares of Manchester-based fast-moving consumer products wholesaler Supreme plc, which went public in February, rose as much as 8% on Monday after it published a positive…

Shares of Salford-based fashion firm In The Style fell as much as 18% on Friday after it published an AGM trading update for April to August 2021 saying…

Salford-based fashion firm In The Style said on Tuesday its revenue soared 132% to £44.7 million in the 12 months to March 31, 2021, and…

The University of Manchester announced that Bruntwood SciTech, a property firm that specializes in the science and technology sector, is to be its preferred bidder to…

Shares of Salford-based fashion firm In The Style fell as much as 8% on Thursday despite the recently-floated company publishing a stock exchange update on trading…

Blackburn-based petrol station and convenience store giant EG Group, owned by the billionaire Issa brothers, announced it has acquired the British fresh fast food restaurant chain Leon Restaurants Limited…

Salford-based investment giant AJ Bell announced it has added Aquis Stock Exchange (AQSE) to its online trading platform. “AQSE provides access to approximately 90 listed…

Manchester-based vaping and battery supplier Supreme has announced plans to float on the stock market next week in a listing which values the firm at…

Blackburn-based petrol station and convenience store giant EG Group has named industry veteran Stuart Rose as non-executive chairman to improve its governance, raising expectations of a stock…

Blackburn-based petrol station and convenience store giant EG Group announced it has agreed to acquire a network of 285 petrol station forecourts in Southern Germany from OMV Deutschland…

Shares of Leeds-based retail logistics firm Clipper Logistics rose about 4% on Thursday after it announced a trading update for the six months ended October 31,…

Blackburn-based petrol station billionaires the Issa brothers have announced that their company, EG Group, is expanding further in the United States. The Issa brothers and…

Moody’s Investors Service said on Wednesday it downgraded the corporate family rating (CFR) of Blackburn-based petrol station and convenience store giant EG Group to B3 from B2 and…