Northern Financial Review

Manchester-based corporate rescue firm Begbies Traynor Group plc said on Tuesday its revenue in the year to April 30 increased 19% to £83.8 million, 6% of…

US private equity firm Apollo Global Management said on Tuesday it is in preliminary talks to join the consortium led by Fortress Investment Group which…

Shares of Sheffield-based property investment and construction group Henry Boot plc rose as much as 5% on Monday after the firm published a trading statement saying…

Carlisle-based agriculture and engineering firm Carr’s Group on Monday published a trading update for the 20-week period ended July 17 saying its performance for the full…

Manchester-based Co-operative Bank said on Monday it has been rated as the UK’s best Environmental, Social and Governance (ESG) high street bank by Sustainalytics, the…

The board of Sheffield-based video gaming firm Sumo Group plc said on Monday it will unanimously recommend to shareholders a £919 million cash takeover offer for…

Northumbrian Water Limited (NWL) has reported it made a profit of £70.1 million as its revenue fell by £142 million to £758.4 million in the year…

Shares of Manchester industrial chain and power transmission firm Renold plc fell about 6% on Friday as it published results for the year ended March…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said on Thursday that “competition for labour has meant that costs of production have seen an increase” and…

Shares of Harrogate-based IT firm Redcentric Plc fell about 10% on Thursday as it published “robust” results for the year ended March 31, 2021 — but…

Leeds-based PureGym Group has announced it “is in the early stages of considering options for potentially raising equity, including potentially in the public markets.” In…

Blackburn-based toilet roll and tissue maker Accrol Group said its revenue edged 1.4% higher to £136.6 million in the year to April 30, 2021, but…

Manchester fashion giant Boohoo has announced a new partnership with Kuwait-based Alshaya Group to build on the presence of Boohoo’s Debenhams brand in the Middle…

Sheffield-based building materials supplier SIG plc said on Wednesday it expects to report first-half revenues from underlying operations of around £1.11 billion and underlying operating…

Newcastle-headquartered bus and rail giant Go-Ahead Group said on Wednesday it has set out a strategy “to lead the transport industry in carbon reduction by achieving…

Salford-based investment platform AJ Bell said on Tuesday its analysis shows that — due to a tax quirk — defined benefit (DB) pension members could have…

Manchester industrial chain and power transmission firm Renold plc announced that Renold Couplings, part of its Torque Transmission division, has been awarded a contract for…

North Yorkshire-based power company Drax Group announced it has completed the refinancing of the Canadian dollar facilities it acquired as part of its acquisition of…

Shares of Chesire-based international veterinary drugs giant Dechra Pharmaceuticals rose another 2% on Monday after it published a trading update covering the group’s financial year ended…

Skipton Building Society has announced the sale of its subsidiary company Connells Limited’s holding of 64.68% in TM Group (UK) Limited, a provider of property…

Northern Gritstone, the new investment company founded by the Universities of Leeds, Manchester and Sheffield has named its leadership team, with Caledonia Investments executive Duncan…

Manchester Airports Group (MAG) said on Thursday it lost more than £1 million per day in the year ending March 31, 2021, as passenger numbers collapsed…

Leeds-based Jet2 plc said on Thursday it made a statutory loss before taxation from continuing operations of £369.9 million for the year ended March 31, 2021,…

York-based house building giant Persimmon plc said on Thursday it brought forward its dividend payment to next month as it revealed that first-half revenue in…

Liverpool-based B&M European Value Retail S.A. said on Thursday its revenue rose about 3% to £1.18 billion in its first quarter covering the 13 weeks from…

Newcastle-headquartered bus and rail giant Go-Ahead Group said on Wednesday it welcomes the announcement from the UK’s Department for Transport (DfT) outlining the extended funding of…

Shares of Manchester-based online holiday retailer On the Beach Group plc (OTB) fell up to 7% on Wednesday as it announced it will raise around £26 million by…

Flintshire-based house building giant Redrow plc said on Wednesday it expects turnover for 2021 to be £1.94 billion, compared to £1.34 billion in 2020 and £2.11…

Salford-based investment platform AJ Bell said on Tuesday that total FTSE 100 company dividend payments — excluding special dividends — are expected to grow by…

Stellantis has announced that Ellesmere Port on the Mersey is to become its first manufacturing site dedicated to battery electric LCV and passenger car models…

Newcastle Building Society said on Monday it will appoint James Ramsbotham as its new chair later this month. Ramsbotham is stepping down as chief executive…

Manchester-based commercial property giant Bruntwood announced it has agreed a new £276 million, 15-year sustainable-linked loan facility with Aviva Investors. The agreement sees Bruntwood consolidate…

Shares of Bradford-based supermarket giant Morrisons rose another 11% on Monday to around £2.67 amid news that a third takeover approach from the private equity…

The board of Morrisons said on Saturday it has agreed to a takeover offer from a trio of investors led by Fortress Investment Group which values…

Sheffield-based aquaculture biotech firm Benchmark Holdings announced it has received Marketing Authorisation (MA) from the Norwegian Medicines Agency (NoMA) for Ectosan Vet — a sea…

Leeds-based supermarket giant Asda has confirmed it will introduce a permanent hybrid working model for head office staff once social distancing restrictions are lifted. Blackburn-based…

Manchester-based online beauty and nutrition retail giant The Hut Group (THG) on Friday announced changes to the structure and composition of its board committees — including…

Wakefield-based video game developer Team17 Group said on Friday it agreed to acquire the business and assets of Dublin-StoryToys via the acquisition of its parent company TouchPress Inc. StoryToys…

JO Hambro Capital Management, a top 10 shareholder in Bradford-based supermarket giant Morrisons, has called on US private equity firm Clayton, Dubilier & Rice (CD&R) to…

North Yorkshire-based power company Drax Group announced it agreed to acquire a 20% minority interest in Alabama Pellets, LLC — a joint venture which owns the…

Shares of Greater Manchester-based Revolution Bars Group plc rose about 5% on Thursday as it published a stock exchange update saying its trading since May 17 has…

Altrincham-based car dealership Lookers plc said on Thursday its revenue fell 23% to £3.7 billion in the year to December 31, 2020 “impacted by lockdown and…

Manchester-based consumer products company PZ Cussons said on Thursday it expects its adjusted profit before tax to be “ahead of the consensus and the prior year.”…

Bolton-based online electrical retailer AO World plc said on Thursday its group adjusted EBITDA increased 191% to £64 million in the year to March 31 as…

Bury-based FTSE 100 retailer JD Sports Fashion Plc has bowed to shareholder criticism of its corporate governance by announcing in an AGM statement it will…

Nissan has unveiled a £1 billion flagship Electric Vehicle (EV) Hub called Nissan EV36Zero to create “a world-first EV manufacturing ecosystem” at its Sunderland plant….

Manchester-based tool and equipment rental firm HSS Hire Group plc published a positive trading update ahead of its AGM on Wednesday.  “Building on the encouraging…

Accrington-based home shopping firm Studio Retail Group plc (SRG) — formerly known as Findel — said on Wednesday its revenue from continuing operations rose 33% to…

Shares of Wetherby-based diagnostics company Avacta Group plc rose about 5% on Tuesday after it announced that a study has shown that its AffiDX antigen lateral…

Shares of Barrow-in-Furness international marine engineering company James Fisher and Sons plc fell as much as 5% on Tuesday as it published a trading update…

Altrincham-based car dealership Lookers plc on Monday announced a “short delay” to the publication of its results for the year ended December 31, 2020. Lookers…

Bury-based FTSE 100 retailer JD Sports Fashion Plc said on Monday its Spanish unit would buy an 80% stake in Catalonia-based online sports equipment retailer…

Newcastle-based bakery and food retailer Greggs said on Monday it is experiencing a “level of sustained sales recovery” that is stronger than it had anticipated….

The UK’s Competition and Markets Authority (CMA) announced on Friday it is investigating the anticipated merger between TravelSupermarket and Icelolly Marketing Limited. Chester-based price comparison website…

Oldham-based consumer goods firm Ultimate Products has agreed to buy buy kitchen and bathroom scales maker Salter Brands from FKA Brands for an initial cash consideration…

California-based video game giant Electronic Arts (EA) has agreed to buy Chesire-based mobile games studio Playdemic, maker of the Golf Clash game, from AT&T’s Warner…

Newcastle-based accounting software giant Sage Group has announced a new “Sustainability and Society Strategy” with pledges to achieve net zero emissions by 2040 and to halve…

Liverpool-based Anexo Group, the AIM-listed credit hire and legal services firm, said on Wednesday it has received an approach from private equity firm DBAY Advisors Limited…

Assura plc, the Warrington-based healthcare real estate investment trust (REIT), on Wednesday announced the pricing of its first sustainability bond, a £300 million sterling-denominated senior unsecured…

Shares of Gateshead-based Vertu Motors plc rose about 4% on Wednesday after it published an AGM trading update saying it anticipates its full year adjusted profit before…

York-based house building giant Persimmon plc and a fund managed by Aviva have agreed to measures called for by the UK’s Competition and Markets Authority (CMA)…

Rotherham-based property and land regeneration firm Harworth Group said it secured planning approval for the development of up to 1.1 million sq ft of logistics and…

Shares of York-based Gear4music (Holdings) plc, the largest UK based online retailer of musical instruments and music equipment, rose as much as 5% on Tuesday after…

Shares of Skelmersdale, Lancashire-based Victorian Plumbing Group plc, an online retailer of bathroom products and accessories, rose as much as 20% on Tuesday on the company’s…

The Office for National Statistics (ONS) said on Tuesday the UK Government’s borrowing is estimated to have been £24.3 billion in May 2021 — the second-highest May…

Manchester-based molecular diagnostics firm Yourgene Health plc announced that Yourgene Health Inc, the company’s wholly-owned US subsidiary, has signed a Master Supply Agreement (MSA) with…

Shares of Wetherby-based diagnostics company Avacta Group plc fell about 12% on Monday despite the firm announcing it entered into a non-exclusive distribution agreement with Calibre…

Shares of Bradford-based supermarket giant Morrisons soared more than 30% to around £2.35 on Monday following the news at the weekend that it rejected a proposed £5.5…

Bradford-based supermarket giant Morrisons has rejected a proposed £5.5 billion cash offer from U.S. private equity firm Clayton, Dubilier & Rice (CD&R), saying it is far…

Carol Kane, the co-founder of Manchester fashion giant Boohoo, has comfortably survived an attempt by some shareholders to remove her from the retailer’s board at the…