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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…



Persimmon H1 revenue up 12% to £1.6bn

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…









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…


Revenue up 19% to £249m at Harrogate’s Vp

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…


AO World shares fall amid loss, UK slowdown

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…


GTCR to buy Sage Payment Solutions for $260m

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…


Sage, Standard Life in pension auto enrolment venture

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…





On the Beach revenue up 7.3% to £38.1m

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…


Revenue at York’s Gear4music up 58% to £56m

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…






N Brown profit falls to £58m on £901m revenue

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…




Leeds gets £173m transport funding package

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…






Utilitywise shares hit amid loss, chairman move

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…


NCC installs exec chairman amid upheaval

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…



CPP shares down as CFO departs, revenue falls

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…






Unite buys £34m Durham student development

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…


Harworth raises £28m to expand land bank

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…



Plans unveiled for £5bn Liverpool Waters scheme

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…




Metronet acquires Venus for London expansion

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…


Logistics North helps Harworth to £335m NAV

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…


Sage agrees to acquire rest of Fairsail

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…


Vimto helps Nichols grow revenue 7.4% to £117m

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…


France’s Engie buys Keepmoat unit for £330m

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…


NCC CEO steps down amid turmoil

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,…



Revenue up 36% to £256m at linen firm Johnson

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…



Virgin Money profit up 41% to £194m in digital push

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…



£126m for Royce Manchester research centre

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 wins £108m Northern Powerhouse mandates

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 signs £41m Manchester Uni student flat deal

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…


NCC shares plummet 40% amid latest turmoil

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…



Zenith to acquire CVL for HGV market access

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…


Unilever Rejects $143bn Kraft Heinz Offer

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…





Polyframe buys Customade to create £100m firm

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…


Go-ahead for Sheffield’s £175m West Bar Square

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…


Co-op Bank puts itself up for sale

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…