Tekmar chairman MacDonald becomes CEO
Newton Aycliffe-based offshore energy services firm Tekmar Group said on Thursday it appointed Alasdair MacDonald as chief executive officer with immediate effect. MacDonald was chairman of…
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EG Group hires KPMG as auditor Deloitte quits
Blackburn-based petrol station and convenience store giant EG Group has appointed accounting firm KPMG as its new auditor following the resignation of Deloitte. The Financial Times newspaper…
Clipper Logistics shares soar as revenue tops £500m
Shares of Leeds-based retail logistics firm Clipper Logistics jumped about 9% on Monday after it said its revenue rose 8.8% to £500.7 million in the year…
B&M appoints Wilko’s Russo as chief financial officer
Liverpool-based retailer B&M European Value Retail S.A. said on Thursday that Alex Russo will join the company as the chief financial officer (CFO) designate on October…
Clipper Logistics sees 100% increases from online retail
Leeds-based retail logistics firm Clipper Logistics on Tuesday published an update on its response to the Covid-19 pandemic and on trading for the full year ended…
Sun Capital will not make offer for Clipper Logistics
Shares of Leeds-based retail logistics firm Clipper Logistics plc fell 5.5% on Wednesday afternoon after it said Sun Capital Partners Group does not intend to…
Clipper Logistics shares up 22% on takeover approach
Shares of Leeds-based retail logistics firm Clipper Logistics plc soared 22% on Wednesday after it confirmed in a stock exchange statement that it received a…
Manchester’s Social Chain goes public with Lumaland
Manchester-based social media agency Social Chain and German online retailer Lumaland AG have merged to form The Social Chain AG. “Through the reverse merger with the…
Clipper Logistics’ revenue rises 15% to £460m
Shares of Leeds-based retail logistics firm Clipper Logistics plc rose 3% on Friday after it said its revenue increased 15% to £460.2 million in the…
Co-op ‘brand value’ soars 45% to top £2bn – report
The brand value of Manchester-based Co-op Group has soared 45% to £2.05 billion, according to the 2019 Brand Finance UK 150 report by consultancy Brand Finance. The report…
CEO leaves Manchester fashion giant N Brown
Manchester-based fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said on Wednesday that its CEO Angela Spindler will leave…
Tour de Yorkshire injects £98m into economy
The 2018 Tour de Yorkshire boosted the county’s economy by about £98 million, according to an economic impact study conducted by independent research company GRASP and…
Morrisons sales up amid merger frenzy
Shares of Bradford-based supermarket group Morrisons rose about 3% on Thursday after it produced a positive quarterly trading update and became the subject of speculation on…
Global stocks fall, debt yields rise amid rate fears
Stock markets fell around the world on Monday and bond yields rose as US inflation increased the possibility that global central banks may tighten policy…
Legal move as Gateshead’s Sevcon bought for $200m
Nasdaq-listed Gateshead company Sevcon, which makes components for low carbon vehicles, said it agreed to be acquired by Michigan-based BorgWarner for $22 per share in cash. “The total…
Sevcon: no candidates of ‘dissident’ elected to board
Nasdaq-listed Gateshead company Sevcon, which makes components for low carbon vehicles, said none of the director candidates nominated by “dissident” director Ryan Morris and his firm Meson Capital…
ISS supports Sevcon against ‘dissident’ director
Nasdaq-listed Gateshead company Sevcon, which makes components for low carbon vehicles, said the influential Institutional Shareholder Services (ISS) recommended that Sevcon stockholders vote for all the incumbent directors who are…