Northern Financial Review

Mesenbio, a University of York spin-out firm that is developing a novel treatment for arthritis created from engineered human stem cells, has raised £1.4 million…

Wetherby-based Akula Living, a marine-grade outdoor furniture manufacturer to some of the world’s largest hotel and cruise operators, has attracted a multi-million pound investment from…

Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, said on Monday its revenue grew 63% to £8.3 million in the year to…

Aberdeen-based rail and bus giant FirstGroup plc has submitted the first phase of an application for a new open access rail service between London and…

Lloyds Bank said it has made a further investment in its corporate and institutional banking team in the North West of England. The Manchester-based team,…

Shares of Greater Manchester-based Revolution Bars Group plc fell about 20% after it announced that eight of the group’s least profitable bars will be closed “to…

Shares of JD Sports Fashion plc, the Bury-based FTSE 100 retailer, fell about 20% after it published its peak season trading update and lowered its…

Manchester-based Travel Counsellors has announced the acquisition of the Belgium-based Planisto travel technology platform and its key development team. Travel Counsellors said the deal follows its…

Shares of Manchester-based drug discovery company C4X Discovery Holdings plc rose as much as 40% after it announced that AstraZeneca has triggered an $11 million…

Yorkshire Water said it has agreed to purchase electricity generated by the new Strathrory wind farm near Ardross and Alness in the Scottish Highlands. Currently…

Manchester-based mutual giant Co-op Group announced big board changes, with Debbie White becoming chair and Moni Mannings and Luke Jensen appointed as independent non-executive directors. White succeeds Allan…

The Leeds-based Border to Coast Pensions Partnership, the largest UK local government pension scheme (LGPS) pool, has launched two new real estate funds on behalf of…

Manchester United plc announced an agreement under which Ineos chairman Jim Ratcliffe will acquire 25% of Manchester United’s Class B shares and up to 25%…

AJ Bell, the Salford investment platform giant, has estimated that FTSE 100 companies are set to return £137.2 billion to their shareholders in 2023 including ordinary dividends, special…

Denmark’s Ørsted has announced it will press ahead with Hornsea 3, the “world’s single largest offshore wind farm” about 160 km off the Yorkshire coast….

Sage Group plc, the Newcastle-based FTSE 100 global software giant, has published research by the London-based Centre for Economics and Business Research (CEBR) that shows the…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose as much as 9% after it announced results for the year ended September 2, 2023. Carr’s…

NCC Group, the Manchester-based global cyber security and software escrow firm, announced the disposal of DetACT, an advanced preventive fraud detection solution for banks in…

Coventry Building Society announced it has entered into an “exclusivity agreement in relation to a possible offer” for Manchester-based Co-operative Bank Holdings Limited. Such a deal…

The University of Manchester has appointed Professor Duncan Ivison as its next President & Vice-Chancellor. Ivison will formally take up his role on August 1,…

Shares of LBG Media plc, the Manchester-based parent of youth publisher Ladbible Group, fell as much as 10% after it published a trading update for the…

Wetherby-based life sciences company Avacta Group announced the appointment of experienced dealmaker Simon Bennett as chief business officer of its Therapeutics Division.  “Simon has over 26…

Manchester-based private credit investor TDC said it has closed its Impact Fund at £70 million “to meet strong demand from northern SMEs.” TDC said it has…

The University of Liverpool has reported that its total income increased 9.8% to £675.1 million in the year ended July 31, 2023, “mainly due to…

Croda International, the Snaith, East Yorkshire-based FTSE 100 speciality chemicals giant, announced that its chief financial officer Louisa Burdett intends to leave the company in…

The Handbag Clinic – the Newcastle-based luxury handbag restoration and preowned designer bag retailer – has raised a significant investment from the North East Venture…

Shares of Stockport-based musicMagpie rose as much as 20% on Thursday after it published a strong trading update for the full year ended November 30, 2023,…

York-based life sciences firm Aptamer Group plc announced that it has entered into a material agreement with a biotechnology company developing genetic medicines — a…

Liverpool City Council has welcomed the latest report from UK Government-appointed Commissioners which recommends the Secretary of State hands some decision-making powers back to the…

Shares of Manchester-based drug discovery company C4X Discovery Holdings plc fell as much as 10% after it published results for the year ended July 31, 2023,…

Leaders from Greater Manchester have signed a new exploratory partnership agreement in Tokyo with Fujitsu which is linked to the Japanese technology giant supporting the…

Wilmslow-based fashion firm Sosandar plc has reported “a record month of trading in November, with similar momentum in December to date.” Sosandar said revenue for…

Liverpool-based Surface Transforms, makers of carbon fibre reinforced ceramic automotive brake discs, announced it has signed a £13.2 million loan agreement with the Liverpool City Region…

Begbies Traynor Group plc, the Manchester-based business recovery, financial advisory and property services consultancy, said its revenue in the half year ended October 31, 2023, increased by…

Shares of AJ Bell, the Salford investment platform giant, rose more than 10% after it announced a “record financial performance” with revenue up 33% to…

Shares of Gateshead-based Vertu Motors plc fell more than 20% after it published a trading update for the three months ended November 30, 2023, that revealed…

Coventry Building Society has made a non-binding offer for Manchester-based Co-op Bank that values the lender at more than £700 million, according to London media…

Blackburn-based petrol forecourt and retail giant EG Group — owned by brothers Zuber and Mohsin Issa and private equity group TDR Capital — announced it has…

Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, announced the appointment of Matt Pullen as chief executive officer designate. Pullen is a former chief…

Manchester-based consumer brands giant THG plc said it agreed to acquire skincare brand Biossance for a maximum consideration of $20 million. “Since inception in 2015, Biossance…

Shares of Manchester-based online holiday retailer On the Beach Group plc (OTB) soared as much as 19% after it said its revenue rose 18.7% to £170.2…

Manchester Airport Group Investments Limited (MAGIL), parent of Manchester Airport Group Funding plc, said its revenue increased by 25% to £705.3 million for the six months…

AJ Bell, the Salford investment platform giant, announced that Fiona Fry has been appointed to its board of directors as an independent non-executive director with…

Shares of ITM Power, the Sheffield-based green hydrogen and energy storage firm, rose as much as 10% after it published a trading update for the…

The University of Leeds has reported that its total income grew 6% to £985 million in in the year to July 31, 2023. The university…

The University of Manchester said its total income rose 10.5% to a record high of £1.344 billion in the year to July 31, 2023, with…

Dublin-based NomuPay announced that it acquired Manchester-based Total Processing, a “merchant services and bespoke payment processing solution provider.” NomuPay describes itself as an “end-to-end payment…

Manchester-headquartered sportswear brand Castore has secured £145 million of investment in a funding round led by US investment bank Raine Group. Bloomberg reported that the funding round…

Benchmark Holdings, the Sheffield-based aquaculture biotechnology company, said its revenue increased 7% to £169.5 million in the year to September 30, 2023. Loss before tax…

Leeds-based engineering services and infrastructure group Renew Holdings said its revenue increased 13% to £960.9 million in the year to September 30, 2023, and profit…

Harrogate-based equipment rental group Vp plc said its first-half revenue rose 2.4% to £190.9 million in the six months to September 30, 2023, as statutory…

Shares of Chester-based digital identity data company GB Group (GBG) fell as much as 6% after it said first-half revenue slipped 1.1% to £132.4 million…

Wilmslow-based pet and vet retailer Pets at Home Group reported revenue growth of 6.5% to £774.2 million for the 28-week period to October 12, 2023. However,…

Shares of Supreme plc, the Manchester fast-moving consumer products firm, rose as much as 13% after it published strong results for the six months to September 30, 2023….

Shares of Stockport-based musicMagpie fell about 15% after it was announced that BT Group plc does not intend to make an offer for musicMagpie. Last…

Cheshire veterinary drugs giant Dechra Pharmaceuticals announced that Tony Griffin will step down as an executive director of the company after 12 years of service, with…

SysGroup plc, the Liverpool-based IT services, cloud hosting and cyber security firm, said its revenue fell 3% to £10.96 million in the six months to…

Washington, Tyne and Wear-based spin out firm Advanced Electric Machines (AEM) said it has raised £23 million to scale up production of its electric vehicle…

A Newcastle company that has created a model of a human gut to trial new drugs and foodstuffs without the use of animals has raised…

Shares of Wakefield-based Team17 Group, a developer of video games and educational entertainment apps, fell as much as 40% on Friday after the firm said…

Nissan has confirmed that all three models made at its Sunderland plant will go 100% electric — a move that will lead to £3 billion of…

Leeds-based Jet2 plc said its revenue increased 24% to £4.4 billion and profit before tax rose 47% to £660.5 million in the six months to September…

Skipton Building Society said its group chief financial officer (CFO) Bobby Ndawula has today announced he will be leaving the mutual and that Standard Chartered’s Paul…

Harrogate-based IT firm Redcentric plc said its revenue in the six months ended September 30, 2023, rose 33% to £82 million and its pretax loss…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said revenue slipped 2.9% to £208.5 million in the six months to September 30, 2023. Speedy…

Shares of Blackburn-based toilet roll and tissue maker Accrol Group rose as much as 8% after it published a trading update ahead of its half year…

Skelmersdale, Lancashire-based bathroom retailer Victorian Plumbing Group said its revenue rose 6% to £285.1 million and adjusted profit before tax climbed 29% to £20.3 million…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, said its revenue for the four month period from July 1 to October 31, 2023, rose 4%…

Newcastle-headquartered Grainger plc — the UK’s largest listed residential landlord — announced it has agreed to enter a partnership with Network Rail and Bloc Group via a joint…

Shares of Sage Group plc, the Newcastle-based FTSE 100 global software business, rose to a record high on Wednesday after the firm announced strong results…