Leeds Building Society savings balances top £13bn
Leeds Building Society said its savings balances increased by a record £1.9 billion in 2017 and now exceed £13 billion. Leeds said it had strong…
Search Results for in the style
Town Centre Securities’ profit and revenue rise
Leeds-based property investor and car park operator Town Centre Securities said its statutory profit before tax rose £9.8 million to £12.4 million for the six months ended…
Shares of Jet2 owner Dart Group soar on profit news
Shares of Leeds-based leisure and logistics firm Dart Group, owner of Jet2.com and Jet2holidays, rose 17% after it said in a trading update that it expects its underlying profit before…
Co-op Bank names Bob Dench as new chairman
Manchester-based Co-operative Bank plc said it will appoint Bob Dench as chairman effective March 14, 2018, succeeding Dennis Holt who is retiring in May 2018….
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…
Card Factory shares fall 17% on lower forecast
Shares of Wakefield-based greeting cards retailer Card Factory fell about 17% after it predicted lower core earnings for the current year. Card Factory said said it now…
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…
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…
Morrisons enjoys third-quarter sales growth
Bradford-based supermarket group Morrisons said its third-quarter like-for-like sales excluding fuel were up 2.5%, “comprising contributions from retail of 2.1% and wholesale of 0.4%.” “We again worked hard…
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,…
Co-op Bank CFO leaves after restructuring
Manchester-based Co-operative Bank said its chief financial officer John Worth is leaving the bank following the completion of its restructuring and recapitalisation earlier this month. “John…
Co-op Bank loses 25k customers amid £135m loss
Manchester-based Co-operative Bank said on Thursday its losses before tax narrowed to £135.2 million in the six months to June 30, 2017, from £177 million…
£1bn Manchester Airport expansion under way
The UK Government unveiled plans to develop a new UK Aviation Strategy as a £1 billion programme to double the size of Manchester Airport’s Terminal 2 was…
Hepworth Wakefield is Art Fund Museum of Year
The Hepworth Wakefield in West Yorkshire has been chosen as Art Fund Museum of the Year 2017. The £100,000 prize that goes with the award…
Co-op Bank agrees complex £700m rescue package
The troubled Manchester-based Co-operative Bank said on Wednesday it agreed a complex £700 million rescue package with its major investors that would shore up its…
Australia’s IFM takes wheel with M6 toll acquisition
IFM Investors, the Australian pension fund-owned investment manager, said it acquired a controlling majority stake in the outstanding commercial debt of the UK’s M6 toll…
Manchester Airport ‘third worst’ despite record May
New routes helped Manchester Airport have its busiest May on record with 2.5 million passengers passing through its terminals, an increase of 12%. However, despite…
Boohoo stock jumps after 106% rise in revenue
Manchester-based online fashion retailer Boohoo.com said its revenue soared 106% to £120.1 million in the three months to May 31, 2017. The company said it now expects revenue growth of…
H1 profit up to £123m at Yorkshire Bank owner CYBG
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit rose 15% to £123 million in the six months to March 31 and that it remained on…
Drax bids for Texas and Louisiana pellet businesses
Selby, North Yorkshire-based power company Drax Group said it is “participating in separate processes” for the acquisition out of bankruptcy of the operating assets of Texas Pellets and Louisiana…
£50m order book boost for Utilitywise
Newcastle-based utility consultancy Utilitywise, which employs around 1,600 people, said in a trading update for the six months to January 31 that it “performed in line with management expectations…
Conviviality half-year revenue up 211% to £782m
Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said its revenue soared 211% to £782.5 million for the 26 weeks to…
Green Bank Fund Hits £1bn Offshore Wind Target
The Green Investment Bank Offshore Wind Fund said it exceeded its initial £1 billion target with its sixth UK asset acquisition — a 44% stake in the…
£36m to build 1,381 housing association homes
Manchester-based housing association Great Places Housing Group and its partners said they secured £36.2 million of government funding to build 1,381 affordable homes across the…
Deutsche, Credit Suisse In $12bn Settlements
Deutsche Bank said it reached a settlement in principle with the US Department of Justice (DoJ) regarding civil claims in connection with the bank’s issuance and underwriting…