Cochrane becomes interim CEO Of Carillion
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
Construction and outsourcing firm Carillion said on Monday it appointed Keith Cochrane — former chief executive of Stagecoach and Weir Group — as its interim…
West Yorkshire-based NG Bailey, the family-owned engineering, IT and facilities services firm, said its sales increased 23% to £500 million and operating profit doubled from £6…
York-based house builder Persimmon said its revenue grew 12% to £1.66 billion in the six months to June 30 and that “consumer confidence remains resilient…
Sheffield-based gaming giant Sumo Digital announced the acquisition of Gateshead-based digital art and design studio Atomhawk. Sumo Digital is backed by investment firm Perwyn. Terms of…
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…
Shares of Darlington-based vehicle hire company Northgate Plc fell 16% after it said its profit before tax fell about 7% to £72.2 million in the year…
Shares of Manchester-based fashion retailer N Brown Group rose about 8% after it said in a trading statement its product revenue rose 10.2% in the…
Manchester-based Co-operative Bank on Monday confirmed that it is in “advanced discussions with a group of existing investors with a view to a prospective equity…
Thirsk, North Yorkshire-based steel group Severfield said its profit before tax nearly doubled to £18.1 million on revenue up 10% to £262.2 million in the…
Birkenhead-based prepaid gift, reward and savings card firm Park Group said it achieved a 5.1% advance in billings to £404.5 million in the year to…
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…
Harrogate-based specialist equipment rental group Vp plc said revenue grew 19% to £248.7 million and statutory profit before tax rose to £30.3 million from £27.5 million in the…
Shares of Bolton-based online electrical retailer AO World fell about 11% after it reported an operating loss of £12 million for the year to March 31 and warned of a “challenging…
Newcastle-based software giant Sage Group, the UK’s largest tech company, said it reached an agreement to sell its North American Payments business Sage Payment Solutions…
Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…
Adderstone Group said it submitted updated plans for a proposed 124 apartment and commercial scheme on a vacant brownfield site on Newcastle Quayside. The 1.5…
Sheffield-based construction group Henry Boot plc said in an update for its AGM that its property trading and development activity levels since the beginning of 2017…
Blackpool-based polymer company Victrex said its revenue rose 12% to £130.9 million and profit before tax climbed 5% to £50.1 million in the six months ended March 31. Victrex shares slipped…
Stockport-based beach holiday online retailer On the Beach Group said its revenue increased 7.3% to £38.1 million and profit before tax soared 33.8% to £9.9 million in the…
Shares of York-based Gear4music, the online retailer of musical instruments and equipment, rose 4.55% after it said revenue jumped 58% to more than £56 million and underlying operating profit soared…
Bradford-based supermarket group Morrisons said its group like-for-like sales excluding fuel were up 3.4% in the 13 weeks to April 30. “There was some inflation during the…
Newcastle-based software giant Sage Group, the UK’s largest tech company, said its revenue rose 22.7% to £840 million and profit before tax jumped 41.1% to £180 million in…
Liberty House said it would create around 300 new steel jobs in South Yorkshire and make multi-million pound investments to secure the future of five sites across…
York-based housebuilder Persimmon said in a trading update its total forward sales revenue was currently £2.56 billion, up 11% on last year. “We have 8,928 new homes sold…
Manchester-based specialist fit fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said its group revenue rose 4% to £900.7 million in the 53 weeks…
Stagecoach Group and Virgin Group announced they are joining forces with French high speed rail operator SNCF to bid for the UK’s West Coast Partnership…
Rotherham-based fishing tackle retailer Fishing Republic, which had an IPO in 2015, said its revenue rose 41% to £5.8 million and profit before tax and exceptional items climbed 32%…
Leeds is set to benefit from a £173.5 million UK government funding package that will provide high frequency busways, improved park and ride facilities and better stops…
Private equity firm Phoenix Equity Partners agreed the sale of Preston-based Key Retirement Group (KRG), a provider of financial products for retirees, to funds managed or…
English Premier League clubs’ aggregate revenues increased 9% to a record of £3.6 billion in 2015-16 — but the clubs made combined pre-tax losses of…
CYBG, owner of Clydesdale and Yorkshire Banks, said it will make a minimum of £6 billion of lending available from 2017 to 2019 to help fuel…
Skipton Building Society said its subsidiaries Amber Homeloans Limited and North Yorkshire Mortgages Limited agreed the sale of a £220 million portfolio of mortgage loans to…
Shares of Newcastle-based utility consultancy Utilitywise fell more than 11% after it said executive chairman and founder Geoff Thompson would become non-executive chairman with immediate effect and…
Manchester-based cyber security company NCC Group said on Monday it appointed Chris Stone as executive chairman with effect from April 6, 2017. “It is intended that he will…
Shares of Manchester-based financial advisor and asset manager Frenkel Topping rose more than 11% after it said it is reviewing strategic options “including a potential sale…
Shares of York-based “international assistance” firm CPP Group fell 14% after it said its 2016 revenue decreased 4% to £73.6 million and that chief financial officer Michael Corcoran would leave the…
Shares of Leeds-based WYG, the AIM-listed project management consultancy, fell more than 20% after it said in a trading update that “a combination of programme deferrals on existing…
Eddie Stobart Logistics is to float on the junior AIM stockmarket in London and will target a market capitalisation on admission in excess of £550 million….
Peel Ports Group subsidiary BG Freight Line will introduce a new weekly freight container ship service between Cork and Liverpool on March 27. It is hoped the new route…
Newcastle-based house builder Bellway said its profit before tax rose more than 9% to £247.6 million on revenue up almost 6% to £1.14 billion in the six months…
Unite Group plc said its student accommodation developer Unite Students acquired an asset under development near the University of Durham for £34 million. The accommodation will open in September 2018 and…
Rotherham-based real estate and brownfield regeneration firm Harworth Group said it conditionally raised £27.8 million by placing 29.2 million new shares at 95p in order to…
Leeds-based private equity firm Endless LLP said it backed the carve-out of Sheffield-based SIG plc’s Carpet and Flooring (C&F) business. C&F has turnover of around £100 million and employs…
The Peel Group-led consortium behind the £5 billion Liverpool Waters development unveiled the first glimpse of the new Central Docks neighbourhood at the MIPIM property conference in Cannes…
Sheffield-based European building products distributor SIG unveiled a new chief executive on Tuesday as it said its 2016 revenue rose 11.2% to £2.74 billion but it made a statutory…
Winsford, Chesire-based surgical and advanced wound care firm Advanced Medical Solutions Group (AMS) said its 2016 revenue rose 20% to £82.6 million and profit before tax rose 12% to…
Manchester-based internet infrastructure firm Metronet (UK), backed by mid-market private equity firm Livingbridge, said it acquired London-based fibre network provider Venus Business Communications. The acquisition of Venus follows Metronet’s…
Rotherham-based real estate and brownfield regeneration firm Harworth Group said its 2016 net asset value (NAV) rose 12.5% to £334.9 million — 115p per share — helped…
Newcastle-based Sage Group, the UK’s largest tech company, said it agreed to acquire Fairsail, the fast-growing cloud human capital management system for mid-sized businesses. Currently a minority…
Merseyside-based soft drinks firm Nichols plc said Vimto sales helped its 2016 revenue rise 7.4% to £117.3 million and operating profit rise 9% to £30.3 million. “There is no doubt that the…
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…
Manchester-based cyber security company NCC Group said Rob Cotton stepped down as chief executive and as an executive director of its board with immediate effect. Brian Tenner,…
Shares of Newcastle-based transport group Go-Ahead Group fell more than 13% after it said half year results to December 31 were in line with management expectations but that…
Chesire-based workwear and linen rental company Johnson Service Group (JSG) said its 2016 revenue rose 36.4% to £256.7 million and profit before tax soared 49.7% to £25.9 million. JSG…
Liverpool Football Club announced that Peter Moore will become its new chief executive officer in June and report directly to the club’s owners, Fenway Sports Group. Liverpool-born…
Newcastle and Edinburgh-based challenger bank Virgin Money said its 2016 statutory profit before tax increased 41% to £194.4 million and its gross mortgage lending grew 12% to £8.4 billion, giving it…
York-based housebuilder Persimmon said its 2016 revenue increased 8% to £3.14 billion and profit before tax rose 23% to £774.8 million as it delivered 15,171 homes across the UK, an…
The UK government’s business and energy secretary Greg Clark announced £229 million worth of investment in the development of cutting-edge advanced materials and a new…
Mercia Technologies plc, the investment firm that focuses on the UK regions, said it was successful in its bids, via its subsidiary Enterprise Ventures Limited, to manage two of the British…
Unite Group plc said its Unite Students division, a developer of student accommodation, has exchanged contracts to acquire a development site near the University of Manchester for about £41 million on…
Shares of Manchester-based cyber security company NCC Group have fallen more than 40% since it issued a surprise trading update late on Tuesday, initiated a strategic review, and abruptly cancelled…
The World Bank said in a new paper that economic policy uncertainty in Europe and the United States is contributing to a decline in world trade…
Leeds-based car leasing and fleet management firm Zenith said its new owner Bridgepoint acquired Contract Vehicles Holdings Limited group (CVL) from its shareholders “as Zenith builds the…
UK-Dutch consumer goods giant Unilever — owner of brands including Dove, Flora, Hellmans, PG Tips, Knorr and Persil — rejected a potential offer of around $143 billion from The Kraft…
Student accommodation developer Unite Group plc said it would sell 13 properties comprising 4,175 beds to a Brookfield-managed fund for £295 million, with Unite’s share of the deal…
Swiss company Stadler said it signed a deal with Merseytravel worth up to £700 million to build and maintain 52 metro trains on the Merseyrail network…
Shares of Selby, North Yorkshire-based power company Drax Group fell more than 5% on Thursday after it said earnings before interest, tax, depreciation and amortisation (EBITDA)…
Cairngorm Capital Partners LLP announced a further investment in its Halifax-based trade window and door manufacturer Polyframe Group to facilitate Polyframe’s acquisition of Gloucester-based Customade Group. Cairngorm said…
Outline planning consent has been granted for the £175 million mixed-use West Bar Square development in Sheffield’s Riverside business district – the ambitious regeneration scheme that could create up…
The Co-operative Bank, rescued from near collapse by hedge funds in 2013, said it has put itself up for sale amid a neeed to build its capital…