Yorkshire Bank owner profit up 33% to £293m
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit before tax rose 33% to £293 million in the year to September 30. CYBG…
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit before tax rose 33% to £293 million in the year to September 30. CYBG…
A new M&A network has been launched to seek out global opportunities for firms based in the North of England. The new network of corporate…
The health of small and medium-sized enterprises (SMEs) in the UK has risen to its highest level in 18 months, according to the SME Health…
Thousands of Northern Rock shareholders who had their investments wiped out when the bank was nationalised by the UK state almost 10 years ago are…
The challenger bank backed by Warrington Borough Council has opened for business just more than four months after securing its initial banking licence. Warrington Borough Council…
Atom bank, the UK’s first digital only bank, has confirmed its future in Durham by signing a 10-year lease on the city’s Rivergreen Centre. Atom…
Rotherham-based real estate and brownfield regeneration firm Harworth Group said its 2016 net asset value (NAV) rose 12.5% to £334.9 million — 115p per share — helped…
Mercia Technologies plc, the investment firm that focuses on the UK regions, said it was successful in its bids, via its subsidiary Enterprise Ventures Limited, to manage two of the British…
Starlight Investments, a Toronto-based global real estate investment and asset management firm, said it acquired three build-to-rent (BTR) communities under development in Manchester and Basildon for over…
United Utilities, water supplier to the North West of England, published results for the six months to September 30, 2024, showing it paid £226 million…
HW Group — an executive search firm which serves some of the world’s biggest brands — has launched a new Leeds-based finance division to meet…
The Northern Powerhouse Investment Fund II (NPIF II) has completed its first investment in Tees Valley following the launch of the £660 million fund in…
Mindtech Global, the Sheffield-based company that is developing synthetic data to train AI vision systems, has secured £4.4 million in a funding round led by…
The UK government has announced that one of the largest factories in the global offshore wind sector — the SeAH Wind UK facility near Redcar…
Manchester-based PRS REIT plc — recently under attack from rebel shareholders — said on Tuesday its revenue, generated wholly from rental income, increased 17% to…
County Durham-based onshore renewable energy developer OnPath Energy is accelerating its project development plans across the UK after securing a new £120 million business credit…
Bruntwood SciTech has opened a base in Leeds city centre called West Village after a £20 million redevelopment. The UK’s largest property developer focusing on…
Deloitte has established a regional equity capital markets (ECM) hub in Manchester for the North West of England, broadening its services to large corporates. With…
The Padel Club, based in Wilmslow, has become the first Cheshire business to get funding from the £660 million Northern Powerhouse Investment Fund II. The…
Turner & Townsend, the Leeds-based international infrastructure consultancy, said on Wednesday its overall turnover and net revenue for the 12 months to April 30, 2024, rose…
Leeds-based UK Infrastructure Bank (UKIB) has announced a £125 million term loan and £100 million debt guarantee, alongside a £25 million term loan provided by…
Far East Consortium, the developer working in a joint venture-partnership with Manchester City Council on the £4 billion Victoria North regeneration project, said it has…
Deloitte’s North West of England practice has officially opened the doors of its pioneering state-of-the-art home at 100 Embankment in Salford, Manchester. Occupying 65,600 sq….
Be.EV, the Manchester-based electric vehicle charging network, said it secured £55 million in funding from NatWest and the German KfW IPEX-Bank. “This substantial investment will not…
Gateshead-based NEL Fund Managers has established a new office in Teesside to help maximise its investment presence across the North East of England. NEL has…
Housebuilder Beal Homes is to bring more than 500 new homes to the growing community on the south bank of the Humber after plans were…
FirstGroup plc has submitted the first phase of an application for a new “open access” rail service between Rochdale and London to the Office of…
ULEMCo, a Liverpool-based company that converts commercial vehicles to run on hydrogen fuel, has raised over £5 million in a funding round led by Mercia…
JD Sports Fashion plc, the Bury-based FTSE 100 retailer, said it has proposed to acquire Alabama-based athletic fashion retailer Hibbett Inc for about $1.08 billion in cash….
Manchester-based housing association Great Places Housing Group announced that Savills Financial Consultants has helped the group secure three new funding deals worth a total of £284…
Green hydrogen pioneer GeoPura has completed a £56 million investment round that it said will help accelerate the UK’s adoption of green hydrogen by expanding…
LDC, the private equity division of Lloyds Banking Group, has invested in the expanding Manchester insurtech business Uinsure to support its growth strategy. Founded in 2007,…
North West of England fund manager River Capital said it has secured a new injection of £10 million from Greater Manchester Pension Fund (GMPF), delivered by…
Leeds-based Optalysys, a developer of a revolutionary photonic processing technology, announced a £21 million Series A funding round led by Italian investment firm Lingotto, Belgian…
The Port of Tyne announced it has secured a £100 million refinancing package with the UK Infrastructure Bank, Pricoa Private Capital and Lloyds Bank. Pricoa…
Manchester-based Bruntwood SciTech said it has secured an additional £100 million as part of its financing facilities from HSBC UK, Lloyds Bank, NatWest and Santander…
Shares of NCC Group, the Manchester-based global cyber security firm, fell as much as 35% on Friday after it warned in a trading update that…
Peel NRE, part of Peel L&P, has submitted detailed plans to Warrington Borough Council by to regenerate Fiddler’s Ferry Power Station. Located on the north…
Manchester-based molecular diagnostics firm Yourgene Health plc published a stock exchange update to investors about “the implications of the Silicon Valley Bank (SVB) receivership.” Yourgene Health…
Middlesbrough games developer SockMonkey Studios has been acquired by Behaviour Interactive, Canada’s largest video game studio, for an undisclosed sum. The deal provides an exit…
Slingshot Simulations, a “digital twin” and decision intelligence company, has secured a £3 million Series A round of investment from Northern Gritstone, Mercia and the…
UK electric vehicle (EV) battery startup Britishvolt has made an application to appoint bankruptcy administrators, Reuters reported. Britishvolt had been planning a gigafactory project at Blyth,…
NCC Group, the Manchester-based global cyber security firm, announced it agreed a new four-year £162.5 million multi-currency revolving credit facility maturing December 2026. The facility “together…
North Yorkshire power generator Drax Group said it is considering more global opportunities for deployment of its operations in BECCS — bioenergy with carbon capture and…
UK finance minister Jeremy Hunt on Thursday announced a number of tax increases and proposed tighter public spending in his £55 billion Autumn budget plan….
Growth investor BGF announced a successful exit of Manchester bakery firm St Pierre Groupe following its acquisition by Grupo Bimbo, one of the world’s largest…
The British pound and UK government bonds rose on Monday after new finance minister Jeremy Hunt scrapped Prime Minister Liz Truss’s economic plan — reversing…
UK prime minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday — and scrapped parts of their economic package that led to turmoil…
Shares of Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, fell as much as 18% on Friday after it published a trading update…
Shares of Doncaster-based DFS Furniture plc fell about 7% on Thursday after it reported its pre-tax profit fell 43% to £58.5 million in the 52 weeks ended June…
Manchester-based Co-op Group announced it has sold its petrol forecourt estate to Leeds-based Asda for an enterprise value of £600 million. The Co-op said the enterprise value…
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…
Shares of Altrincham-based car dealership Lookers plc rose as much as 8% on Wednesday after it said its first-half revenue rose 3.6% to £2.23 billion and…
Newcastle-based house building giant Bellway announced its housing revenue rose 13% to a record high of over £3.5 billion as it published a trading update for…
Leeds Building Society said on Friday it has withdrawn from lending on second homes as it revealed that its savings balances increased more than £1 billion…
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…
Warrington-based water giant United Utilities said on Tuesday it agreed to sell its renewable energy business to SDCL Energy Efficiency Income Trust plc (SEEIT) for £100…
Shares of York-based house building giant Persimmon plc fell as much as 5% on Thursday after it published a trading update showing its revenue fell 8%…
Shares of Altrincham-based car dealership Lookers plc rose as much as 4% on Wednesday after it said in a trading update it expects annual profit…
Skipton Building Society announced that Stuart Haire, currently CEO of Wealth and Personal Banking at HSBC UK, will become Skipton’s new group chief executive at the…
York-based online musical equipment retailer Gear4music said its revenue fell 6% to £147.6 million in the year to March 31, 2022, when measured against an “exceptional…
Chester-based price comparison website Moneysupermarket.com Group’s chief financial officer (CFO) Scilla Grimble is to leave the firm to become CFO at Deliveroo. Deliveroo said Grimble is…
Carlisle-based Cumberland Building Society announced it is embarking on major investment as it promises to offer banking services that are “kinder to people and planet”….
Manchester Airports Group (MAG) announced on Friday it has completed a £590 million refinancing of its revolving credit and liquidity facilities. MAG operates Manchester, London…
Sheffield-based property investment and construction group Henry Boot said in an AGM trading update that it has made a strong start to the year and continues…
Bury-based FTSE 100 retailer JD Sports Fashion plc announced on Wednesday that executive chairman Peter Cowgill will step down from his role with immediate effect…
Sheffield-based property group Henry Boot plc announced its land promotion business, Hallam Land Management (HLM), completed the sale of 2,170 residential plots in Didcot, Oxfordshire…
Shares of Wakefield-based greeting card and gift retailer Card Factory rose as much as 30% on Thursday after it announced it agreed terms on a…
Silsden, West Yorkshire-based Ecology Building Society has appointed Gareth Griffiths as chief executive officer, subject to regulatory approval. Griffiths is currently head of retail banking at…
The owners of broadband giant TalkTalk Group have asked investment bank Lazard to review its options after several groups including Vodafone approached the Salford-based company…