Northern Financial Review

Manchester Airport Group Investments Limited (MAGIL) said its revenue increased 122.8% to £1.027 billion and its adjusted EBITDA rose 228.1% to £410.4 million in the 12 months…

Bolton-based online electrical retailer AO World plc returned to profit in the year to March 31, 2023, with statutory profit before tax of £7.6 million compared to…

Croda International Plc confirmed that following receipt of unconditional approval from the South Korean regulatory authorities, it has now completed the acquisition of Solus Biotech….

ScS Group, the Sunderland-based furniture and floorings company, announced the appointment of Mark Fleetwood as chief financial oficer (CFO). He will join the board of the…

A new plan will see the Greater Manchester Combined Authority (GMCA) extend its partnership working with United Utilities and the UK’s Environment Agency to “transform the…

City of Doncaster Council announced it has launched a search to find an “investor/operator” for the former Doncaster Sheffield Airport (DSA). The airport closed last year after…

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, has announced the signing of its first ever franchise agreement. The deal is with GMG, a…

Manchester-based molecular diagnostics firm Yourgene Health plc said on Monday it has agreed to a £16.7 million cash takeover by French company Novacyt. The proposed acquisition…

Cheadle, Cheshire-based Together Financial Services Limited, a specialist mortgage and secured loans provider, has announced the pricing of its £425.5 million first charge only residential mortgage…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday its new executive leadership team is now in place. Shaun Morton has succeeded…

Sheffield-based affordable house builder MJ Gleeson plc said it entered into a contract with global investment firm Carlyle and Gatehouse Investment Management for the sale of 288…

The Financial Reporting Council (FRC), the UK’s accounting regulator, said on Thursday it fined PwC and KPMG for “serious” failings in their auditing of Eddie Stobart…

Liverpool-based FTSE 100 firm B&M European Value Retail S.A. said its revenue rose 13.5% to £1.318 billion in the first quarter of its current financial year, covering the 13…

The union Unite said it struck a pay deal for over 2,000 workers employed by Manchester Airport worth up to 17% over two years plus…

Bury-based FTSE 100 retailer JD Sports Fashion plc said in an AGM trading update it expects its headline profit before tax and adjusted items for…

Shares of Manchester-based FTSE 250 consumer products company PZ Cussons — the maker of Carex and Imperial Leather — fell about 5% on Tuesday after it…

Manchester United has raised its previous revenue guidance of £590 million to £610 million for fiscal 2023 to a record £630 million to £640 million….

Aberdeen-based global engineering firm John Wood Group said it is working with Centrica Storage to evaluate the feasibility of transforming its Easington gas processing terminal in…

Yorkshire Water announced on Monday that the shareholders of Kelda Holdings Limited (KHL), parent of Yorkshire Water, have agreed to contribute £500 million to KHL…

Alena Kosava has left her position as head of investment research at Salford investment platform AJ Bell after one year in the role. A spokesperson…

SysGroup plc, the Liverpool-based IT services, cloud hosting and cyber security firm, said its revenue soared 47% to £21.6 million and adjusted profit before tax rose…

Shares of Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, rose about 9% on Thursday after the company said its underlying revenues increased 13.8%…

Bradford-based supermarket giant Morrisons said its second quarter total sales excluding fuel rose 3.1% to £3.7 billion in the 13 weeks ending April 30, 2023. Morrisons said…

Manchester-based consumer brands giant THG plc announced that its co-founder and CEO Matthew Moulding has given up his “golden share” rights in the company, which gave…

A strategic regeneration framework (SRF) for the University of Manchester’s former North Campus has been put forward to Manchester City Council outlining a new £1.7…

The Church of England has secured planning permission for a 1,087-home development at Bracebridge Heath, Lincoln. The development will be funded by the Church Commissioners…

York-based online musical equipment retailer Gear4music said its revenue rose 3% to £152 million in the year to March 31, 2023, and reported EBITDA was 34%…

Manchester-based drug discovery company C4X Discovery Holdings plc announced that Eva-Lotta Allan will step down as chair after five years of service with immediate effect….

By Mark McSherry Canadian car dealer network Alpha Auto Group Holdings LP (AAG) has agreed to buy Altrincham-based car dealership Lookers plc for £465.4 million in…

By Mark McSherry A £660 million investment fund to support the growth of small and medium-sized businesses (SMEs) across the North of England is on course to be…

A £160 million residential scheme made up of 639 new private and affordable homes along with 5.4 acres of “public realm” has been given the…

By Mark McSherry Manchester-based online fashion giant Boohoo announced it will vote against Revolution Beauty Group’s proposed reappointment of CEO Bob Holt, non-executive chairman Derek…

Liverpool-based Surface Transforms plc announced the appointment of Isabelle Maddock as its chief financial officer and an executive director of the board, effective September 4. Maddock left Kendal-based…

Shares of Chester-based identity data company GB Group (GBG) fell about 10% after it published results for the year ended March 31, 2023, showing an…

Shares of Manchester-based clothing and footwear digital retailer N Brown Group fell about 3% after it published an update on trading for the 13 weeks ended June…

Manchester-based venture capital investor and small business lender Praetura said it has launched a new venture capital trust called Praetura Growth VCT plc which will “primarily…

Shares of York-based life sciences firm Aptamer Group plc soared more than 100% on Wednesday after the company and Oxford-based Neuro-Bio announced “success in the development…

Shares of Severfield, the Thirsk, North Yorkshire-based steel group, rose as much as 10% on Wednesday after it said its revenue rose 22% to £491.8…

Kendal-based paper products and advanced materials firm James Cropper plc announced that Isabelle Maddock has resigned from the board and from her role as chief financial…

Manchester Airports Group (MAG) announced the appointment of Ken O’Toole as its next group CEO. O’Toole will take over as CEO on October 1, 2023,…

The UK’s Competition and Markets Authority (CMA) announced it has “taken action to protect supermarket shoppers” by securing agreements from Sainsbury’s and Asda to stop using…

Manchester-based molecular diagnostics firm Yourgene Health plc announced the conditional divestment of its Taiwanese subsidiary Yourgene Health Taiwan Co Ltd to INEX Innovate Pte Ltd, a Singapore…

Shares of Newcastle-based house building giant Bellway fell about 3% on Tuesday after it published a trading update for the period from February 1 to June…

Texere Publishing, the fast-growing scientific publisher based in Knutsford, Cheshire, has been acquired by US-based healthcare media company BroadcastMed. The deal provides an exit for Texere’s…

More than 2,000 workers at Sheffield-based delivery firm Tuffnells Parcels Express are to be made redundant as the firm goes into administration. Rick Harrison and Howard…

Leeds United chairman Andrea Radrizzani has agreed a deal to sell his controlling stake in the soccer club to co-owners 49ers Enterprises. The American investment…

Frasers Group plc announced it has acquired a strategic stake of 18.9% in Bolton-based online electrical retailer AO World plc. Frasers, formerly called Sports Direct, is…

A “policy campus” for UK government staff in key policy roles has been launched in Sheffield, as new figures show Yorkshire and the Humber have benefitted…

Shares of Chesire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, rose about 5% after it published a trading…

Shares of Croda International, the East Yorkshire-based FTSE 100 speciality chemicals giant, fell about 13% on Friday after it published a trading update for the period…

The University of Manchester announced on Friday it has been the victim of a “cyber incident” and that “data have likely been copied.” Patrick Hackett, University…

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…

By Mark McSherry New York-based Stellex Capital Management, a middle-market private equity firm, announced the acquisition of Bryden Capital Limited (BCL) and MPL Group Limited,…

Harrogate-based equipment rental group Vp plc said its revenue rose 6% to £371.5 million and adjusted profit before tax, amortisation, impairment of intangible assets and exceptional…

Carlisle-based Cumberland Building Society said its mortgage lending increased from £2.2 billion to £2.37 billion as the society’s balance sheet topped £3 billion for the…

The UK’s Prudential Regulation Authority (PRA) has announced its confirmation of the merger of Newcastle Building Society with Manchester Building Society. “The confirmation follows announcement…

The University of Manchester has unveiled the next phase of its plans to provide more high-quality, modern student accommodation on its Fallowfield campus. A major…

Assura plc, the Warrington-based FTSE 250 healthcare real estate investment trust (REIT), said it will relocate its head office from to Altrincham. Assura has a portfolio…

Shares of Manchester-based online fashion and home goods retailer N Brown Group fell about 10% after it said group revenue fell 5.3% to £677.5 million…

Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, has announced the appointment of Steve Bell as chief executive officer. Bell, 50, will join the…

Kromek Group plc, the Sedgefield, County Durham-based radiation detection and bio-detection firm, announce that it has secured a contract worth $1.5 million in the civil nuclear…

Manchester and Bristol have been identified as the UK’s highest-growth cities across multiple real estate sectors over the next 10 years, according to new research…

Mayor of Greater Manchester Andy Burnham and Manchester City Council leader Bev Craig have been backed by the leading businesses in the North of England…

ParkVia – the Manchester-based company behind a global parking reservation platform – has been acquired by CAVU, part of the Manchester Airports Group plc. The…

By Mark McSherry Swedish private equity firm EQT and the Abu Dhabi Investment Authority (ADIA) have agreed a deal to buy Cheshire veterinary drugs giant…

Wetherby-based life sciences company Avacta Group announced it has acquired Belgium-based Coris Bioconcept SRL for an upfront cash consideration of £7.4 million with an earnout…

Manchester-based FTSE 100 firm Auto Trader Group plc reported that its revenue grew 16% to £500.2 million in the year ended March 31, 2023, despite “historically low…

Shares of North Yorkshire power generator Drax Group fell as much as 6% after UK energy regulator Ofgem said it has launched a formal investigation into…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, announced that CEO Stephen Harris has decided to retire next year, as the firm revealed it made…

Shares of Liverpool-based FTSE 100 firm B&M European Value Retail S.A. rose as much as 8% as it published results for the 52 weeks to March 25,…