Arrow Global shares soar amid Italy deals, higher profit
Shares of Manchester-based European debt management firm Arrow Global Group rose 13% on Thursday after it announced two proposed acquisitions in Italy and said its…
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Founder steps down at Durham’s Atom bank
Durham-based Atom bank, the UK’s first bank designed exclusively for mobile technology, said founder Anthony Thomson has announced his resignation as chair of Atom. Bridget…
B&M quarterly revenue up 23% to £970m
Liverpool-based B&M European Value Retail said its total sales revenue increased 22.9% to £969.8 million in the quarter ended December 23. B&M CEO Simon Arora said: “B&M continues to…
Grainger to buy Sheffield development for £32m
Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said it exchanged contracts with Abode Hallam Limited and agreed to forward fund and acquire a private…
Pets At Home shares fall as CEO, KKR director leave
Shares of Chesire-based Pets At Home, the retailer of pet food, accessories and veterinary services, fell more than 10% after it said CEO Ian Kellett will…
Man Utd quarterly revenue up 17% to £141m
Manchester United plc said revenue for the 2018 fiscal first quarter ended September 30, 2017, rose 17% to £141 million in a period when it signed three new players…
Grainger on course for £850m investment target
Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said in a trading update it expects to report full-year adjusted earnings approaching £70 million, up from £53.1…
Boohoo revenue up 106% to £263m, but shares fall
Shares of Manchester-based online fashion giant Boohoo.com fell 9% amid concerns over margin pressures despite the retailer reporting that revenue rose 106% and profit jumped…
Shares of Dart Group soar as Jet2 takes off
Shares of Leeds-based leisure and logistics firm Dart Group, owner of Jet2.com and Jet2holidays, rose 4% on Thursday after it gave a positive trading update at its annual general meeting….
On the Beach revenue up 7.3% to £38.1m
Stockport-based beach holiday online retailer On the Beach Group said its revenue increased 7.3% to £38.1 million and profit before tax soared 33.8% to £9.9 million in the…
Boohoo.com revenue soars 51% to £294.6m
Manchester-based online fashion retailer boohoo.com said its revenue rose 51% to £294.6 million and profit before tax soared 97% to £30.9 million in the year to February 28,…
Phoenix sells Preston’s Key Retirement for £208m
Private equity firm Phoenix Equity Partners agreed the sale of Preston-based Key Retirement Group (KRG), a provider of financial products for retirees, to funds managed or…
NCC installs exec chairman amid upheaval
Manchester-based cyber security company NCC Group said on Monday it appointed Chris Stone as executive chairman with effect from April 6, 2017. “It is intended that he will…
New national architecture centre for Liverpool
The Royal Institute of British Architects (RIBA) said it will open a new national architecture centre, RIBA North, on June 17 on the Liverpool Waterfront. RIBA…
Metronet acquires Venus for London expansion
Manchester-based internet infrastructure firm Metronet (UK), backed by mid-market private equity firm Livingbridge, said it acquired London-based fibre network provider Venus Business Communications. The acquisition of Venus follows Metronet’s…
TalkTalk shares up 9% on executive changes
Shares of Manchester-based TalkTalk Telecom Group rose about 9% after it said Dido Harding would step down as CEO in May 2017 after seven years and…
JCB wins $142m US Army order
Staffordshire-based JCB said it has won one of the biggest orders in the company’s 71-year history –a $142 million deal to supply the United States Army with a…