Northern Financial Review

By Mark McSherry Wakefield-based Team17 Group, the developer of video games and educational entertainment apps, has announced that its subsidiary StoryToys has collaborated with Lego Group and Marvel…

California-based digital infrastructure company Equinix, Inc. has announced plans to build a new £61 million International Business Exchange (IBX) data centre in the Agecroft Commerce Park in Salford, Manchester….

Manchester-based online holiday retailer On the Beach Group plc (OTB) on Wednesday published an update on trading for the 12 months to September 30, 2021, saying it…

Manchester-based molecular diagnostics firm Yourgene Health plc said on Tuesday its first-half revenues more than doubled to £17.5 million, ahead of previous guidance of at…

Shares of THG, the Manchester-based e-commerce, beauty and nutrition giant, fell another 21% on Tuesday despite the group publishing a third quarter trading statement showing…

UK dividends soared to £34.9 billion in the third quarter of 2021, up 89.2% year-on-year on a headline basis, boosted the mining boom and very large…

The UK Infrastructure Bank has confirmed it will invest £107 million in the South Bank Quay development at Teesworks in Teesside, supporting 800 direct jobs….

Shares of Barrow-in-Furness international marine engineering company James Fisher and Sons plc fell as much as 35% on Monday after it published a negative trading update…

(Updates with Monday statement from Co-operative Bank) Spain’s Banco Sabadell confirmed at the weekend that its board has rejected an audacious offer for its subsidiary TSB Bank…

Shares of Sheffield-based international building materials supplier SIG plc rose about 6% on Friday after it issued a trading update for the third quarter of its…

Bury-based FTSE 100 retailer JD Sports Fashion Plc announced it acquired 80% of Crete-based Cosmos Sport S.A. “Based in Crete, Greece, Cosmos was founded in 1982…

Chester-based identity data company GB Group (GBG) has published a trading update for the six months to September 30, 2021, saying it expects revenue for the period to…

AJ Bell plc, the Salford-based investment platform, said on Thursday its assets under administration (AUA) increased by 29% to £72.8 billion in its financial year ended September 30,…

Shares of Blackburn-based toilet roll and tissue maker Accrol Group fell about 15% on Wednesday after the firm published a trading update for its current financial…

Chesire-based Tatton Asset Management plc announced its assets under management (AUM) increased 20% to £10.787 billion in the six months ended September 30, 2021. In a…

Liverpool-based online retail and financial services group The Very Group reported on Tuesday that its revenue rose 13% to a record £2.317 billion in the…

Shareholders of Bradford-based supermarket giant Morrisons on Tuesday approved a roughly £7 billion cash takeover offer from US private equity firm Clayton, Dubilier & Rice (CD&R). Morrisons…

Manchester-based cleaning products firm McBride plc warned on Tuesday that its global supply chains have continued to tighten and that “raw material and packaging costs have…

Leeds-based supermarket giant Asda has stepped up its Christmas preparations by announcing plans to recruit 15,000 temporary staff and confirming the dates its festive home…

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…

Newcastle-based house building giant Bellway said on Tuesday its revenue rose 40.3% to £3.12 billion in the year to July 31, 2021, only 2.8% below…

Shares of Manchester-based fast-moving consumer products wholesaler Supreme plc, which went public in February, rose as much as 8% on Monday after it published a positive…

Ford said on Monday it will invest up to £230 million to build electric car components at its Halewood factory on Merseyside. Halewood will become Ford’s…

Leeds-based supermarket giant Asda and EG Group have terminated a deal that would have seen EG buy Asda’s petrol forecourts for £750 million, the two…

Shares of Sheffield-based aquaculture biotech firm Benchmark Holdings rose about 12% on Monday after it said it expects full-year earnings to be significantly ahead of the…

Manchester-based online beauty and nutrition retail giant The Hut Group (THG) said on Monday its CEO Matthew Moulding “in furtherance of good corporate governance” has confirmed…

Sheffield-based energy storage and clean fuel company ITM Power — a producer of electrolyser machines that make hydrogen from water — said on Friday it raised…

Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, said on Thursday it has exchanged conditional contracts to forward fund and acquire Merrick Place, a 401-home build-to-rent development…

Shares of Gateshead-based Vertu Motors plc rose about 8% on Wednesday after it announced interim results for the six months ended August 31, 2021, showing “record trading…

Shares of York-based Gear4music, the largest UK online retailer of musical equipment, rose about 13% on Wednesday after the firm announced a trading update for the…

Fast-growing AJ Bell plc, the Salford-based investment platform, said that AJ Bell Investments has formed a panel of external platforms to make its managed portfolio service (MPS)…

(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…

One key section of Northern Powerhouse Rail (NPR) alone could deliver a £22 billion boost to the North of England’s economy by 2060 – nearly…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group fell as much as 15% on Monday after it announced that Hugh Pelham has stepped down as…

Manchester-based Bank North announced it has grown its team further, including the addition of Neil Boycott as head of credit risk, as it continues to…

The UK’s Investment Association (IA) has reported that retail investors put £5.3 billion into funds in August – a record amount for that month. Salford…

Manchester-based online fashion and home goods retailer N Brown Group said on Friday its revenue was flat at £346.8 million in the six months to…

Shares of Skelmersdale, Lancashire-based Victorian Plumbing Group plc, the online retailer of bathroom products and accessories that went public in June, fell about 14% on…

Shares of Greater Manchester-based Revolution Bars Group plc rose about 12% on Thursday after it published a first-quarter trading update showing recent sales growth of 17%…

Newcastle United Football Club announced that an investment group led by Saudi Arabia’s Public Investment Fund (PIF) and including PCP Capital Partners and RB Sports…

NatWest said on Thursday it has pleaded guilty to three offences of money laundering between 2012 and 2016 “in relation to the accounts of a…

Adam Smith Institute head of research Matthew Lesh has dismissed UK Prime Minister Boris Johnson’s speech at the Conservative Party Conference as “bombastic but vacuous…

Shares of Altrincham-based car dealership Lookers plc rose about 6% on Wednesday after it published a trading update covering the three month period ended September 30,…

Shares of Manchester United Plc fell about 8% as the club’s owners offered to sell a stake worth about $186 million, the second disposal this…

Blue Prism Group, the Warrington-based robotic process automation (RPA) software firm, has defended its agreed deal to be taken over by US private equity firm Vista Equity…

Sunderland-based furniture and floorings retailer ScS Group said its revenue rose 21.6% to £310.6 million in the 53 weeks to July 31, 2021, and it made a…

Leeds-based Jet2 said it has agreed with Airbus to buy a further 15 Airbus A321 NEO aircraft. “This order is in addition to the 36…

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…

Manchester online fashion giant Boohoo has announced the appointment of ESG expert Kirsty Britz to its board as non-executive director. Britz is currently the director…

The UK government has confirmed that the new National Cyber Force (NCF) will be located in Samlesbury, Lancashire, and that it will receive more than £5…

US private equity firm Clayton, Dubilier & Rice (CD&R) has won the auction for Bradford-based supermarket giant Morrisons with a bid of roughly £7 billion. Including…

PwC said on Friday it will create up to 1,000 jobs over three years at its newly launched technology hub in Manchester. The technology-focused roles…

The UK and Norway are now able to share renewable energy for the first time via the world’s longest subsea electricity interconnector — which connects…

Shares of Bolton-based online electrical retailer AO World plc slumped 22% on Friday after it warned that its growth has been “impacted by the nationwide shortage…

Shares of Manchester-based tool and equipment rental firm HSS Hire Group plc rose 11% on Thursday after it agreed to sell its heating, ventilation and…

The UK Competition and Markets Authority (CMA) said it has launched an investigation into suspected breaches of competition law by Leicester City FC and Bury-based…

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…

Sheffield-based video gaming firm Sumo Group plc — which recently agreed to a £919 million cash takeover offer from a subsidiary of China’s Tencent — announced…

Shares of Wetherby-based cancer therapies and diagnostics company Avacta Group plc rose about 5% after it announced that a pre-clinical development milestone has been achieved in its…

The £7 billion takeover battle for Bradford-based supermarket giant Morrisons between US private equity groups Clayton, Dubilier & Rice (CD&R) and Fortress Investment Group will…

The chairman of Manchester-based molecular diagnostics firm Yourgene Health plc told the firm’s AGM on Tuesday the company is enjoying record business activity levels in genomic…

York-based Animalcare Group plc, the international animal health business, said on Tuesday its revenue increased 13.3% to £39.1 million in the six months to June…

Shares of Wakefield-based greeting card and gift retailer Card Factory fell about 8% on Tuesday after it published results for the six months ended July…

Northcoders Group plc, the Leeds and Manchester-based provider of software coding training programmes which went public in July, said on Tuesday its revenue rose 55% to…

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…

Delivery firm Hermes UK has confirmed it will be recruiting for 1,400 full time roles at its new parcel distribution hub in Barnsley which is…

Manchester online fashion giant Boohoo announced the publication of its international factory list to meet its transparency pledge to publish it within 12 months of…

Warrington-based water giant United Utilities said in a trading update on Monday its revenue and underlying operating profit for the first half of 2021-22 ending September…

Rotherham-based property and land regeneration firm Harworth Group plc announced that Shropshire Council’s Southern Planning Committee resolved to grant planning permission for the regeneration of…