Northern Financial Review

Merseyside Pension Fund has appointed investment adviser Schroders Solutions to implement an equity protection strategy for £3.8 billion in assets.  Schroders Solutions, part of asset…

Manchester-based HSS Hire Group plc removed financial guidance as it moves ahead with its strategy to separate its two main businesses. Its shares fell 2.5%…

Wakefield-based greeting card and gift retailer Card Factory reported higher sales in the first half of the year and said it saw second half performance…

Manchester Airports Group (MAG) CEO Ken O’Toole has called on the government to include aviation in its new industrial strategy and to treat the sector…

Whitbread plc, the parent company of Premier Inn, and Mix Manchester have announced plans to develop the largest Premier Inn in the north of England…

The UK’s Crown Estate has announced the acquisition of The Dissington Estate in Northumberland. Dissington had been on the market with a guide price of…

Kroll, the New York-based financial and risk advisory firm, has named David Riley as managing director in the restructuring practice at its Manchester office. Riley…

South Yorkshire’s Mayor Oliver Coppard welcomed the news that South Yorkshire is set to become the location of US nuclear energy company Holtec’s planned new…

Peratech said it has secured $31.5 million in its second major funding round on the confidence of the commercial traction of its user interface improvements to…

Manchester-based private equity firm Palatine said it has made a “significant” investment in global digital transformation services provider Bluprintx. Headquartered in Liverpool and with operations…

German gaming and pop culture firm Saga Alliance has acquired Heathside Trading, a Blackburn-based distributor and manufacturer of toys and collectibles with operations in the…

Leeds City Council has published an update on its five-year medium term financial strategy, outlining the “severe difficulties” it faces to deliver balanced budgets in…

Wilmslow-based fashion firm Sosandar plc — run by former magazine publishers Ali Hall and Julie Lavington — announced that it has launched in-store with Arnotts, the oldest…

Barrow-in-Furness marine engineering firm James Fisher and Sons plc said it has secured new bank facilities of £95 million, comprising a £75 million Revolving Credit Facility…

Supreme plc, the Manchester-based supplier of vaping and fast-moving consumer goods, said results for the first half of the year put it on track to…

Mersey Tidal Power, the world’s largest tidal power scheme, has entered the formal planning process and will soon start the first public consultation phase. The…

University of Liverpool AI diagnostic technology spin-out AI-Sight said it concluded a seven-figure equity funding round from healthcare industry figures and investors. The funders include…

Associated British Ports (ABP) has unveiled its ambitious plans for the Port of Barrow, which it said is designed to drive growth and strengthen the…

Leeds-based Asda announced that Mohsin Issa is stepping back from his executive leadership role at the supermarket giant to focus on his previously announced role…

Merseyside Pension Fund (MPF) has completed a £200 million bulk purchase annuity scheme with insurer Aviva, involving the benefits of about 2,500 pension fund members…

Manchester consumer products company PZ Cussons plc reported lower full-year revenue and profit, hurt by the devaluation of the currency in Nigeria, where it has…

LBG Media plc, the Manchester-based online publisher of LADbible and other brands appealing to young readers, reported higher half-year revenue and profit, boosted by the…

Sheffield-based affordable house builder MJ Gleeson plc reported higher revenue for the year but lower profit as average home prices dipped. The company said it…

Wealth manager Skerritts announced it has received regulatory approval for the acquisition of Harrogate-based Ellis Bates Financial Advisers. The transaction will complete on September 30,…

Bury-based FTSE 100 retailer JD Sports Fashion plc on Tuesday announced a number of board changes. The firm said Suzi Williams, non-executive director and chair…

Begbies Traynor Group plc, the Manchester-based business recovery and financial advisory firm, said it expected to hit market expectations for the full year, ahead of…

Sheffield-based builder and developer Henry Boot said revenue and profit fell in the first half of the year, but said full-year results would be in…

Wakefield-based Team17 Group plc, a developer of video games and educational entertainment apps, said its revenue rose 11% to a record £80.6 million in the six…

Manchester-based household products firm McBride said its revenue rose 5.2% to £934.8 million in the year to June 30, 2024, and it made an adjusted…

Manchester-based online retailer THG forecast full-year profit towards the lower end of analyst estimates, hurt by the sagging Japanese yen, and said it was pushing…

Sheffield-based builder and developer Henry Boot said its Hallam Land business has completed the sale of 491 residential plots at Pickford Gate, Coventry to the…

Liverpool-based supercar brake disc maker Surface Transforms said it appointed Andrew Kitchingman as non-executive chair with immediate effect, as David Bundred steps down from the…

Bury-based FTSE 100 retailer JD Sports Fashion plc announced that US retail expert Prama Bhatt will join its board as a non-executive director, with effect from…

Manchester-based PRS REIT plc said non-executive chairman Stephen Smith will resign at the next annual general meeting and two rebel shareholders — Robert Naylor and…

CBRE said its lending team has made a £54 million whole loan on behalf of South Yorkshire Pension Fund (SYPF) for Panattoni Park Central A1(M), by…

MEPC, the specialist asset management and development arm of Federated Hermes, has announced the letting of its pioneering office building 4 Angel Square at NOMA,…

Together Financial Services Limited, the Cheadle, Cheshire-based non-bank relationship lender, announced the appointment of Richard Rowntree as CEO and executive director with effect from early 2025….

Rotherham-based land developer Harworth Group plc said its EPRA NDV increased 3.5% to £687 million in the six months to June 30, 2024, with the…

Shares of Manchester-based global cyber security firm NCC Group plc rose as much as 10% after it published an unaudited trading update for the four months…

Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord and leader in the build-to-rent sector, said it welcomes the UK Government’s Renters’ Rights Bill “and…

Sheffield-based green hydrogen and energy storage firm ITM Power plc announced that Amy Grey will join the company as chief financial officer (CFO) and is expected…

Manchester United plc said its loss widened to £113 million in the year to June 30, 2024, from £28.7 million the previous year, partly because…

Pinnacle Holdings US, a subsidiary of Leeds-based PureGym Group, announced that it has entered into an asset purchase agreement (APA) with Blink Fitness which on…

Newcastle-based bakery giant Greggs said its has created a 22 carat gold-plated collection of Greggs-inspired jewellery. “Baked in Gold is the first ever official Greggs…

Sheffield-based British Business Bank, the UK’s economic development bank, said it has made a cornerstone investment of £30 million in Fund II of investment firm Outward…

Leeds-based Jet2 said on Wednesday that former executive chairman Philip Meeson has sold five million ordinary shares in the company to “a limited number of institutional investors” representing…

Manchester-based online fashion firm Boohoo Group plc said it would close its US distribution centre in Pennsylvania and fulfil all US orders from its automated…

Leeds City Council said chief executive Tom Riordan has confirmed his leaving plans after being appointed to a leading UK government role “in driving the…

The city of York welcomed nine million visitors in 2023, an increase of 2.2% on the previous year, acccording to Make It York. Of these…

Barrow-in-Furness marine engineering firm James Fisher and Sons plc said revenue fell for the first half of the financial year, but kept its outlook unchanged…

Salford-based investment platform AJ Bell said Chief Operating Officer Roger Stott will retire and step down as an executive director on 31 December. Stott joined…

Manchester industrial chain and power transmission firm Renold plc said trading was in line with expectations for the first five months of its financial year,…

Altrincham-based healthcare real estate investment trust (REIT) Assura plc has appointed Steven Noble to the newly created role of Chief Investment Officer (CIO). Assura is…

Schneider Electric said it will invest £42 million in a new manufacturing facility in Scarborough, North Yorkshire. “More than 200 jobs will be created to meet…

Leeds-based supermarket giant Asda has announced the launch of a new workplace savings account as an exclusive benefit for its 150,000 staff. The retailer has partnered…

Gentronix – the Alderley Park, Cheshire-based contract research organisation (CRO) that is a world leader in genetic toxicology – has been acquired by Scantox Group of…

Troubled Revolution Bars Group plc said entrepreneur and investor Luke Johnson has been appointed to the company‘s board as non-executive chairman following the retirement of…

James Fisher and Sons plc, the Barrow-in-Furness marine engineering firm, announced it completed the sale of Martek Holdings Limited and its subsidiaries to a regional…

The graphic designer who created the Tyne and Wear Metro logo has been honoured with a prestigious award in New York. Margaret Calvert picked up…

Tyneside-headquartered technology consultant Opencast has won a £32.4 million contract to support the UK’s Department for Work and Pensions over the next two years. Under…

York-based online musical equipment retailer Gear4music said trading was in line with expectations ahead of its annual general meeting on Friday. Its shares fell more…

York-based Growth Partner said it completed its £10.5 million investment into Host & Stay, the North Yorkshire holiday let and short term rental management business. Growth…

South Yorkshire-based Xeros Technology Group, which has created new ways of manufacturing and washing clothes that save water and reduce microplastics, said events out of…

Manchester-based digital archive company MirrorWeb said it got a $63 million growth equity investment from U.S. firm Mainsail Partners.  The investment will enable MirrorWeb to…

Leeds-based Jet2 plc said year-to-date trading is in line with its expectations, but it is too early to provide definitive guidance on profitability for the…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said trading is in line with the board’s expectations for the full year, ahead of…

Sheffield-based builder and developer Henry Boot announced that its land promotion and planning business Hallam Land has secured planning permission on appeal for 290 homes in…

James Cropper plc, the Kendal-based Advanced Materials and Paper & Packaging group, said its trading for the 18-week period ended July 27, 2024, is in…

Skipton International, part of the Skipton Group, has announced the appointment of Eric Barnett as its new chair. Skipton International is a bank that provides Sterling…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said its profit before tax rose 38.5% to £18.7 million in the six months to June 30 as…