SIG suspends staff after profit overstatement

Shares of Sheffield-based European building products distributor SIG plc fell 5% after it said it “identified a historical overstatement of profit relating to the year ended…



Cussons profit hit by margins in Europe and Africa

Manchester-based soaps and consumer products company PZ Cussons said its adjusted operating profit fell 10.3% to £37.5 million despite revenue rising 1.9% to £385.4 million in the six months to…




Conviviality shares sink 11% as profit falls

Shares of Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — fell 11% on Monday after it said revenue for the 26 weeks…



Founder steps down at Durham’s Atom bank

Durham-based Atom bank, the UK’s first bank designed exclusively for mobile technology, said founder Anthony Thomson has announced his resignation as chair of Atom. Bridget…


Benchmark revenue up to £140m as loss narrows

Sheffield-based Benchmark Holdings, the aquaculture health, nutrition and genetics company, said its revenue increased 28% to £140.2 million in the year to September 30, 2017, and its loss for…



Sage shares fall after trading update

Shares of Newcastle-based software giant Sage Group fell more than 6% after investors were left underwhelmed with its trading update for the three months to December…








B&M quarterly revenue up 23% to £970m

Liverpool-based B&M European Value Retail said its total sales revenue increased 22.9% to £969.8 million in the quarter ended December 23. B&M CEO Simon Arora said: “B&M continues to…




Boohoo.com upgrades revenue growth forecast

Manchester-based online fashion giant Boohoo.com plc said revenue growth for its current financial year is now expected to be around 90%, ahead of its previous guidance…


Revenue up 16.6% at Bolton’s AO World

Bolton-based European online electrical retailer AO World said its group revenue was up 16.6% for the three months to December 31, 2017, year on year. In a trading update for…



Morrisons Xmas & New Year sales up 3.7%

Bradford-based supermarket group Morrisons said its like-for-like (LFL) sales excluding fuel for the 10 weeks to January 7 were up 2.8% “comprising contributions from retail of 2.1% and wholesale of…





Nisa Xmas period sales up 18% to £277m

Scunthorpe-based Nisa Retail, currently being acquired by Manchester-based Co-op Group, said its sales rose 17.7% to £277 million over the Christmas period — the 10 weeks…


Grainger to buy Sheffield development for £32m

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said it exchanged contracts with Abode Hallam Limited and agreed to forward fund and acquire a private…




Work starts on TransPennine bullet trains

Hitachi Rail Europe said production has started on new intercity trains for northern England, Scotland and the TransPennine Express. It said 19 new five-carriage trains harnessing Japanese…


Drax takes £10m hit from power station outage

Shares of North Yorkshire-based power company Drax Group fell more than 4% after it said biomass deliveries are currently restricted after an unplanned outage on the rail unloading facilities…






Persimmon bosses leave amid excessive pay row

York-based house builder Persimmon said its chairman Nicholas Wrigley will resign and remuneration committee chair Jonathan Davie has resigned amid a row over excessive executive pay…
















Shares of Leeds consultancy WYG fall 33%

Shares of Leeds-based WYG, the AIM-listed project management consultancy, slumped 33% after it said on Friday it anticipates that operating profit for the full year “will be…