World’s largest offshore wind farm opens in Cumbria
The world’s largest operational offshore wind farm, Walney Extension off the Cumbria coast, was officially opened on Thursday at a ceremony in Barrow. The 659MW…
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Barclays launches £500m Northern Powerhouse fund
Barclays has launched a new £500 million growth fund for small and medium-sized businesses in the North of England as part of the bank’s commitment…
CYBG Shares Fall Amid Loss, Lack Of Virgin Deal News
Shares of Clydesdale and Yorkshire Bank owner CYBG fell more than 5% on Tuesday as the bank reported a statutory first-half loss of £76 million…
JD Sports profit up 24% to £294m on £3.2bn revenue
Shares of Bury-based JD Sports Fashion rose more than 4% after it said its profit before tax increased 24% to £294.5 million on revenue that…
Manchester stem cell firm WideCells in Asia deal
Manchester-based stem cell services firm WideCells Group said it signed a “landmark” deal to sell its stem cell insurance product CellPlan in Asia. WideCells Group said…
Biomass boost as Drax revenue hits £3.68bn
North Yorkshire-based power company Drax Group said its 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) rose 64% to £229 million — more than analysts were…
Market value of North West firms up to £45.6bn
The third quarter of 2017 has seen listed companies in the North West of England add almost £2 billion to their total stock market values,…
Manchester Festival worth £40m to local economy
This year’s Manchester International Festival was worth £40.2 million to the local economy, according to Manchester City Council. The Festival had more productions on offer, bigger audiences,…
Caddick plans £300m ‘SOYO’ Leeds cultural hub
Caddick Developments, part of the Wetherby-based construction firm Caddick Group, said it plans to transform the six acre Quarry Hill area of Leeds into a…
Education spurs Manchester fashion boom
Move over London, Paris and New York — Manchester is catching up fast as an international fashion business hub. Manchester is now home to a…
AkzoNobel creates €12.6m Gateshead research hub
Dutch multinational firm AkzoNobel — owner of brands including Dulux and Polyfilla — said it will develop a new €12.6 million research and innovation hub at…
Benchmark revenue soars 148% to £109.4m
Revenue at Sheffield-based Benchmark Holdings, the aquaculture biotechnology and food chain sustainability company, soared 148% to £109.4 million in the year to September 30, 2016, partly as…