Northern Financial Review

Flintshire-based house building giant Redrow plc announced it has agreed to appoint property industry veteran Richard Akers as its new non‐executive chair to succeed John Tutte. “Richard…

Shares of Greater Manchester-based Revolution Bars Group plc rose about 14% on Tuesday after it published a stock exchange statement saying its bars which have…

Manchester-based household cleaning products firm McBride plc announced the signing of a €175 million multi-currency “Sustainability Linked Revolving Credit Facility.” The company is one of…

Bradford-based supermarket giant Morrisons on Tuesday gave a strong hint of cash returns to shareholders as it announced it intends to “refresh” its long-term capital allocation plans…

Manchester-based online beauty and nutrition retailer The Hut Group (THG) announced a complex investment agreement with Japan’s SoftBank Group late on Monday. The Hut Group…

Bradford-based subprime lender Provident Financial plc (PFG) confirmed on Monday it will close its Consumer Credit Division (CCD) — a 141-year-old doorstep lending business. The…

Shares of Newcastle-based bakery and food retailer Greggs rose as much as 15% on Monday to record highs after it published a trading update saying…

Bury-based FTSE 100 retailer JD Sports Fashion Plc announced that Andy Rubin has stepped down from its board as a non-executive director and will be replaced…

Kitwave, the North Shields-based wholesaler, has announced plans for a stock market flotation at 150p per share that will value it at around £105 million. Kitwave said…

Sheffield-based property investment and construction group Henry Boot plc announced that Simon Carr of Henry Boot Construction (HBC) and Giles Boot of Banner Plant (BP) will…

Shares of Runcorn-based workwear and textile firm Johnson Service Group (JSG) rose about 6% on Wednesday after it published a trading statement for its Annual General Meeting reporting an…

Macclesfield-based Redx Pharma plc, the drug development company focused on cancer and fibrosis, announced it appointed Peter Collum as chief financial officer (CFO). Collum will…

Shares of Manchester-based household cleaning products firm McBride plc plunged 16% on Wednesday after it published a trading update warning that its full year profits are…

Shares of Sheffield-based building materials supplier SIG plc rose about 7% on Wednesday after it published a trading update for the January 1 to April 30…

OakNorth Bank announced it has provided a £44.4 million loan to Manchester’s Bruntwood SciTech, the property business dedicated to development in the science and technology sector. SciTech…

The UK’s Competition and Markets Authority (CMA) gave a strong hint on Wednesday it is likely to accept an offer from the new majority owners…

Shares of Snaith, East Yorkshire-based speciality chemicals giant Croda International rose about 4% on Wednesday after it announced a strategic review of its Performance Technologies and…

Manchester online fashion giant Boohoo said on Wednesday its revenue soared 41% to £1.745 billion and profit before tax rose 35% to 124.7 million in…

The latest data published by Mercer’s Pensions Risk Survey shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest…

Mortgage lending in the UK showed the biggest net increase on record in March 2021, and UK households saved another £16.2 billion into bank and…

Bradford-based subprime lender Provident Financial plc (PFG) said on Tuesday its review of its Consumer Credit Division (CCD) — a door-to-door lending business — is nearing…

Manchester-based Co-op Group has announced it will stop selling plastic “bags for life” because many shoppers use them only once and they have become almost as big…

Wetherby-based cash management software company Proactis Holdings said late on Friday it agreed to a £71.6 million cash takeover offer from investment firm Pollen Street Capital….

Shares of Wakefield-based greeting card and gift retailer Card Factory plc rose about 8% on Friday after it published an update on its trading and…

Elland, West Yorkshire-based stone and landscaping firm Marshalls plc has announced the appointment of Justin Lockwood to its board as chief financial officer. Lockwood succeeds…

Manchester-based tool and equipment rental firm HSS Hire Group plc said on Thursday its revenue fell 17.7% to £269.9 million in the year to December 26,…

Manchester-based drug discovery company C4X Discovery Holdings plc on Thursday published results for the six months ended January 31, 2021, with its CEO telling investors…

Manchester-based molecular diagnostics firm Yourgene Health plc said on Thursday its unaudited revenues for the financial year ended March 31, 2021, rose 10% to £18.3 million. It…

Shares of Barrow-in-Furness international marine engineering company James Fisher and Sons plc rose about 3% on Thursday after it published a trading statement for the first…

Shares of Salford-based fashion firm In The Style fell as much as 8% on Thursday despite the recently-floated company publishing a stock exchange update on trading…

Shares of Macclesfield-based Redx Pharma plc rose 4% on Wednesday after the drug company focused on cancer and fibrosis announced that it “successfully initiated dosing…

Shares of Newcastle-based LSL Property Services rose about 14% on Wednesday after it published “highly resilient” results for the year ended December 31, 2020, that…

Shares of Merseyside-based Vimto and soft drinks firm Nichols plc rose about 3% on Wednesday after it published a trading update for the three months to March…

Manchester-based Co-operative Bank said on Wednesday that US private equity firms J.C. Flowers and Bain Capital Credit agreed to buy a stake in the self-styled…

York-based house building giant Persimmon plc said in an AGM trading update on Wednesday its current forward sales position of £3 billion is 23% ahead…

Liverpool Football Club has filed its consolidated financial accounts for the year to May 31, 2020, showing a loss before tax of £46 million as…

Leeds-based Jet2 plc said on Tuesday it expects to report a loss before foreign exchange revaluation and taxation from continuing operations of between £375 million…

Manchester-based consumer products company PZ Cussons said on Tuesday its revenue in its third quarter ended February 27, 2021, rose 4.7% to £145.3 million on a constant…

LGIM Real Assets (Legal & General) said it has provided £85 million in long-term financing to Seaham-based Believe Housing, one of the largest affordable homes…

Manchester-based commercial property giant Bruntwood announced that 80% of its March quarter rents had been collected as at April 20, 2021, and 95% of December quarter rents…

Manchester-headquartered international law firm DWF Group plc said it has agreed “exclusive associations” with the Singaporean law firm Eldan Law and the South African law…

The Universities of Leeds, Manchester and Sheffield said they are launching a new investment company to help boost the commercialisation of university spinouts and start-ups…

The coronavirus pandemic forced the UK government to borrow £303.1 billion in the year ending in March, an increase of £246.1 billion on the previous…

Manchester-based online beauty and nutrition retailer The Hut Group (THG) said it has conditionally agreed to acquire Brighter Foods Limited, a specialist developer and manufacturer of…

Shares of Thirsk, North Yorkshire-based steel group Severfield rose about 6% on Thursday after it published a trading update for the year ended March 31, 2021,…

Shares of York-based Gear4music (Holdings) plc, the largest UK based online retailer of musical instruments and music equipment, rose about 6% on Thursday after it announced…

Shares of Chester-based identity verification company GB Group (GBG) rose about 6% on Thursday after it published an update on its trading performance for the year…

The UK’s central bank, the Bank of England (BoE), announced that it intends to create a new northern hub in Leeds “as part of an…

Salford-based investment platform AJ Bell on Thursday published a trading update for the three months ended March 31, 2021, showing its total assets under administration…

Manchester Airport Group (MAG) has called for a “roadmap to restriction-free travel” as the UK’s largest airport group revealed figures showing its passenger numbers were down…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose 8% on Wednesday after it said its revenues edged 0.7% higher to £201.4 million in the 26…

Barrow-in-Furness international marine engineering company James Fisher and Sons plc announced the appointment of Duncan Kennedy as chief financial officer and as an executive director with…

Shares of Chester-based price comparison website Moneysupermarket Group fell about 4% on Tuesday after it said revenue for its first quarter fell 20% to £85.5…

Esken, the aviation and energy infrastructure firm formerly known as Stobart Group, announced it has signed a complicated agreement for the sale of its entire…

Jeff Fairburn, the former chief executive of Persimmon who left the York-based housebuilder following criticism of his £75 million pay package, has returned to the big time…

Shares of Wetherby-based cancer therapies and diagnostics company Avacta Group plc rose another 8% on Tuesday after it announced positive data from the clinical validation…

The UK’s Competition and Markets Authority (CMA) has ordered the new owners of Leeds-based Asda to address its concerns that their £6.8 billion purchase of the…

Accrington-based Studio Retail Group plc (SRG) — formerly known as Findel — said it agreed the sale of Hyde-based Findel Education Limited for about £30 million to…

Shares of Manchester-based molecular diagnostics company Genedrive rose about 7% on Monday after it announced it has been successful with its tender into Public Health England (PHE)…

Martin Tugwell has been named as the next chief executive of Transport for the North (TfN). Tugwell will succeed Barry White, who is due to step…

Esken, the aviation and energy infrastructure group formerly known as Stobart Group, confirmed on Monday it is in “advanced discussions” with Isle of Man-based Ettyl…

Shares of Manchester-based molecular diagnostics firm Yourgene Health plc rose about 10% after the firm announced on Monday morning it won a national framework contract award for…

The UK central bank and the UK Treasury have announced the joint creation of a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration…

Blackburn-based petrol station and convenience store giant EG Group, owned by the billionaire Issa brothers, announced it has acquired the British fresh fast food restaurant chain Leon Restaurants Limited…

Leeds-based Asda has announced that John Fallon will succeed Rob McWilliam as chief financial officer when McWilliam concludes his fixed term appointment in the role this…

Stockport-based musicMagpie, the online reseller that specialises in secondhand technology such as smartphones and games consoles, has announced plans for a £208 million flotation. musicMagpie announced a…

Bolton-based online electrical retailer AO World plc said on Thursday its revenue increased 62% to £1.66 billion in the year to March 31, 2021, and it expects adjusted…

Manchester-based online beauty and nutrition retailer The Hut Group (THG) said on Thursday its revenue jumped 42% to £1.6 billion in the year to December…

Shares of Manchester industrial chain and power transmission firm Renold plc rose about 6% on Wednesday after it issued a trading update covering the year ended March…

Shares of Greater Manchester-based Revolution Bars Group plc rose about 5% on Tuesday after it published results for the 26 weeks ended December 26, 2020,…