THG revenue soars to £2.2bn, but margins hit shares
Manchester e-commerce, beauty and nutrition giant THG plc said on Tuesday its 2021 revenue rose 37.9% to £2.2 billion. However, the company’s shares fell as much…
Manchester e-commerce, beauty and nutrition giant THG plc said on Tuesday its 2021 revenue rose 37.9% to £2.2 billion. However, the company’s shares fell as much…
Bitcoin has trounced traditional investment strategies over one and 10 years “but it remains a speculative gamble” according to new research from Salford investment giant…
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…
Shares of Manchester-based online holiday retailer On the Beach Group plc (OTB) fell about 6% on Thursday after it published results for the year to September…
Wilmslow-based pet and vet retailer Pets at Home Group said on Tuesday its first-half revenue grew 18% to £677.6 million as membership of its “Puppy…
Shares of Bolton-based online electrical retailer AO World plc fell another 17% on Tuesday after it cut its profit outlook and warned about “meaningful supply chain…
Rotherham-based property and land regeneration firm Harworth Group plc announced it has conditionally exchanged contracts for the sale of its Kellingley development site in Selby,…
The UK’s Competition and Markets Authority (CMA) said on Thursday it has instructed Bury-based FTSE 100 retailer JD Sports Fashion Plc to sell Rochdale-based Footasylum…
BlackRock, the second-largest shareholder in troubled Manchester e-commerce, beauty and nutrition giant THG plc, is selling nearly half its stake in the company at a 10%…
Chester-based price comparison website Moneysupermarket.com has agreed to buy cashback business Quidco in a deal worth up to £101 million. Moneysupermarket said it will pay £87 million…
(Updates with Wednesday statement from THG and AJ Bell comment) Shares of Manchester-based online beauty and nutrition retail giant The Hut Group (THG) plunged another…
Shares of Newcastle-based bakery and food retailer Greggs rose as much as 12% to a record high on Tuesday after it raised its full-year profit…
Shares of Manchester online fashion giant Boohoo fell about 10% on Thursday as it warned investors its full-year margins will be below previous forecasts amid…
Blue Prism Group, the Warrington-based robotic process automation (RPA) software firm, said on Tuesday it has agreed to a takeover by US private equity firm Vista…
Shares of Manchester-based consumer products company PZ Cussons fell about 4% on Wednesday after it published positive results for the year ended May 31, 2021, but also provided…
Manchester-based online beauty and nutrition retail giant The Hut Group (THG) announced on Thursday it will spin off its online beauty business THG Beauty next year…
Shirebrook-based Frasers Group plc, formerly called Sports Direct, said on Thursday its maverick CEO Mike Ashley plans to step down on May 1 next year…
Shares of Sheffield-based property investment and construction group Henry Boot plc rose as much as 5% on Monday after the firm published a trading statement saying…
Shares of Bradford-based supermarket giant Morrisons rose another 11% on Monday to around £2.67 amid news that a third takeover approach from the private equity…
Bury-based FTSE 100 retailer JD Sports Fashion Plc has bowed to shareholder criticism of its corporate governance by announcing in an AGM statement it will…
Newcastle-based bakery and food retailer Greggs said on Monday it is experiencing a “level of sustained sales recovery” that is stronger than it had anticipated….
Shares of Bradford-based supermarket giant Morrisons soared more than 30% to around £2.35 on Monday following the news at the weekend that it rejected a proposed £5.5…
Manchester fashion giant Boohoo said on Tuesday its revenue rose 32% to £486.1 million in the three months to May 31 compared to the same…
Shares of Manchester-based Auto Trader Group plc rose about 7% on Thursday after a strong outlook and a promise to resume stock buybacks eclipsed the news…
Liverpool-based B&M European Value Retail S.A. said on Thursday its revenue soared 25.9% to just over £4.8 billion for the 52 weeks to March 27, 2021,…
Wilmslow-based pet and vet retailer Pets at Home Group said its revenue grew 7.9% to a record £1.14 billion in the 52 weeks to March 25…
Bradford-based supermarket giant Morrisons on Tuesday gave a strong hint of cash returns to shareholders as it announced it intends to “refresh” its long-term capital allocation plans…
Shares of Newcastle-based bakery and food retailer Greggs rose as much as 15% on Monday to record highs after it published a trading update saying…
Manchester online fashion giant Boohoo said on Wednesday its revenue soared 41% to £1.745 billion and profit before tax rose 35% to 124.7 million in…
Mortgage lending in the UK showed the biggest net increase on record in March 2021, and UK households saved another £16.2 billion into bank and…
Liverpool-based B&M European Value Retail S.A. said on Thursday it now expects its adjusted EBITDA for FY21 to be in the range of £590 million to £620 million —…
Shares of York-based house building giant Persimmon plc rose about 6% on Wednesday after it reported strong forward sales of £2.3 billion, 15% higher year…
Leeds-based Jet2 plc said on Friday it raised £422 million by selling almost 36 million new shares in the firm to “provide sufficient liquidity on…
US resins firm Schweitzer-Mauduit International, Inc. (SWM) said on Wednesday it reached an agreement with the board of Ashton-under-Lyne-based wound care and industrial firm Scapa Group on…
Manchester-based consumer products company PZ Cussons said on Tuesday it has experienced “unprecedented growth” in demand for hand wash and hand sanitiser products as it reported…
Shares of Salford-based broadband giant TalkTalk Telecom Group rose about 17% on Thursday after it said it received “a preliminary and non-binding proposal” from shareholder…
Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…
Shares of major Manchester car dealership Lookers plc fell 13% on Friday as it announced CEO Andy Bruce and chief operating officer Nigel McMinn will step…
The North West of England’s 65 listed companies added £1.28 billion to their total stock market value in the second quarter of 2019 to reach…
Business advisory giant Deloitte has launched a dedicated “corporate assurance hub” in Manchester, the firm’s first in the UK outside of London, as it looks…
The stock market value of listed companies in England’s North West rose £7.2 billion to a record high of £47 billion in the first quarter…
The dividend payments of FTSE 100 companies are forecast to reach a record high of £93.7 billion in 2019, according to investment firm AJ Bell….
Shares of Blackburn-based tissue maker Accrol Group plunged more than 63% after it said its profit outlook for the current financial year is expected to be…
Peratech said it has secured $31.5 million in its second major funding round on the confidence of the commercial traction of its user interface improvements to…
Shares of Doncaster-based defence systems, fork arms and petrol station superstructures manufacturer MS International plc rose about 8% to £11.10 after it said its revenue rose 30%…
The Handbag Clinic – the Newcastle-based luxury handbag restoration and preowned designer bag retailer – has raised a significant investment from the North East Venture…
Pencil Biosciences, based in Alderley Park, Cheshire, has completed a seed financing round of £5.6 million, adding new investors Octopus Ventures, Northern Gritstone and Martlet Capital….
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…
Severfield plc, the Thirsk, North Yorkshire-based steel group, reported a record UK and Europe order book of £508 million at March 1, 2023, of which…
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…
Shares of Wetherby-based diagnostics company Avacta Group plc rose about 4% on Monday after it announced US Food and Drug Administration (FDA) approval for its Investigational New…
Shares of Leeds-based Tracsis plc, a provider of software and services for the traffic data and transportation industry, rose about 5% on Tuesday after it announced a…
French utility Engie said it agreed to acquire the regeneration business of Doncaster-based social housing developer Keepmoat, which specialises in renovating buildings for local authorities, for about £330 million. Engie said…