Northern Financial Review

Bradford-based supermarket giant Morrisons said on Thursday its revenue edged 0.4% higher to £17.6 billion in the 52 weeks to January 31, 2021, and profit before tax…

GE Renewable Energy announced it plans to open a new giant blade manufacturing facility in Teesside, creating up to 750 direct renewable energy jobs at the…

Huddersfield-based SimplyBiz Group plc, a provider of compliance and business services to financial advisers and institutions, said on Wednesday it is changing its name to Fintel…

Salford-based fashion firm In The Style said it will have a stock market capitalisation of £105 million after strong demand from investors for the online retailer’s…

Shares of Doncaster-based DFS Furniture rose about 7% on Tuesday after it said its first-half revenue rose 17.3% to £572.6 million in the 26 weeks ended December…

Morrisons has pledged to be the first UK supermarket to be completely supplied by net zero carbon British farms by 2030, five years ahead of…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 9% on Monday after it announced its AffiDX SARS-CoV-2 rapid antigen lateral flow test “detects the…

US resins firm Schweitzer-Mauduit International, Inc. (SWM) has increased its offer to buy Ashton-under-Lyne-based wound care and industrial firm Scapa Group from £2.10 per share in…

Shares of Manchester-headquartered international law firm DWF Group plc rose about 6% on Monday after it issued a trading update and said it will “rationalise” its…

Salford-based investment platform AJ Bell welcomed the news that Deliveroo has extended its initial public offering (IPO) to retail investors as “a step in the…

Newcastle Building Society said on Friday its assets grew 11% to £4.9 billion in 2020 and it attracted 6,000 new branch customers, helping to growing its…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday it appointed former UK government minister Justine Greening to its board as a…

Manchester United plc has announced financial results for its 2021 fiscal second quarter ended December 31, 2020, showing revenue rose 2.6% to £172.8 million and…

Gamma Communications plc said it acquired Mission Labs, a Lancashire-based developer of applications to manage cloud contact centres, for £40.2 million with up to an additional…

Shares of Greater Manchester-based Revolution Bars Group plc rose about 14% on Thursday after it published a stock market update on its reopening plans saying…

The Trustee of the £80 billion Universities Superannuation Scheme (USS), the UK’s largest private pension fund, has warned that contributions by members and employers “will need to rise…

Liverpool-based B&M European Value Retail S.A. said on Thursday it now expects its adjusted EBITDA for FY21 to be in the range of £590 million to £620 million —…

Shares of Newcastle-based software giant Sage Group rose about 4% on Thursday after it announced it is commencing a share buyback programme of up to…

Leeds City Council and the Leeds City Region Enterprise Partnership have welcomed the news that Leeds will be the home of the UK’s first-ever infrastructure…

Aberdeen Standard Investments chief economist Jeremy Lawson has outlined what he called the “missed opportunities” of the UK budget. Lawson said the £40 billion worth…

Shares of York-based house building giant Persimmon plc rose about 6% on Wednesday after it reported strong forward sales of £2.3 billion, 15% higher year…

Merseyside-based Vimto and soft drinks firm Nichols plc said on Wednesday its profit before tax plunged 79.8% to £6.5 million and revenue fell 19.3% to £118.7 million…

Shares of Altrincham-based car dealership Lookers plc rose almost 5% on Tuesday after published a stock exchange update about the investigation by the enforcement division of…

Manchester-based online fashion giant Boohoo Group plc said on Tuesday it is not “aware of any investigation” by US Customs and Border Protection following reports claiming…

Snaith, East Yorkshire-based speciality chemicals giant Croda International said on Tuesday it will increase its total dividend to 91p per share or £122.6 million as…

The UK Government has confirmed it completed the £5 billion sale of Bradford & Bingley plc and NRAM Limited (formerly Northern Rock) and their remaining…

Gateshead-based Vertu Motors plc on Monday published a trading update for the five-month period to January 31, 2021, ahead of its preliminary results for the year ended…

Shares of Speedy Hire plc, the Newton-le-Willows-based equipment hire firm, rose about 5% on Monday after it announced it sold a business in the Middle East…

Manchester-based molecular diagnostics firm Yourgene Health plc announced that the company’s wholly-owned US subsidiary Yourgene Health Inc. has signed a supply agreement “with a large US…

Bradford-based supermarket giant Morrisons announced it has acquired Falfish, a family-owned wholesaler of sustainably sourced seafood based in Cornwall. Falfish has been a supplier of fish…

Shares of Wakefield-based greeting card and gift retailer Card Factory plc fell about 6% on Friday after it published a stock exchange statement to update investors…

Leeds Building Society said on Friday it made profit before tax of £80.7 million in 2020 compared to £88 million in 2019 in a “robust”…

Shares of Wilmslow-based pet and vet retailer Pets at Home Group rose about 3% on Friday after it published a trading update for the fourth…

Leeds-based Asda has announced “transformation proposals in response to changing shopping habits” that will involve creating 4,500 new roles in store-based online operations across the UK….

Shares of York-based Gear4music (Holdings) plc, the largest UK based online retailer of musical instruments and music equipment, rose about 10% on Thursday, after it published…

Manchester-based online fashion and home goods retailer N Brown Group announced that Matt Davies will step down as chairman with effect from March 31, 2021, “to…

Shares of Leeds-based retail logistics firm Clipper Logistics rose about 8% on Thursday after it announced two major contract wins with River Island and Mountain…

Manchester-based Co-operative Bank, which recently ended talks on a possible sale of the company,  said on Thursday it made a statutory loss before tax £103.7 million in…

North Yorkshire-based power company Drax Group said on Thursday it will abandon a plan to build a large gas-fired power plant at its main site near…

Skipton Building Society said on Wednesday its savings balances grew 7.7% to £18.7 billion in 2020 while its total assets increased 10.9% during the year…

Bradford-based Yorkshire Building Society said on Wednesday its saving balances increased by £2.7 billion to £33.4 billion in 2020 as its total assets rose to…

Shares of Leeds-based transport data firm Tracsis plc fell about 3% on Tuesday after it published a trading update for the six months ended January 31, 2021,…

Shares of Manchester-based household cleaning products firm McBride plc rose about 3% on Tuesday after it published results for the six months ended December 31, 2020,…

Chesire-based veterinary drugs giant Dechra Pharmaceuticals said on Monday its revenue rose 21.8% to £299.8 million and reported profit before tax soared more than 80% to…

The CEOs of AJ Bell, Hargreaves Lansdown and Interactive Investor have joined forces to demand greater access for retail investors to Initial Public Offerings (IPOs)…

Newcastle-based software giant Sage Group plc announced that it has launched and successfully priced a debut bond offering of £350 million 1.625% notes due in…

Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, announced that Robert Hudson of St. Modwen Properties is to be appointed as Grainger’s next chief financial officer (CFO)….

Leeds-based Asda on Thursday published earnings for the fourth quarter of 2020 covering the period from October 1 to December 31 showing like-for-like sales excluding fuel…

Shares of Chester-based price comparison website Moneysupermarket Group rose about 7% on Thursday after it maintained its dividend despite revenue falling 11% to £344.9 million in…

Huddersfield-based SimplyBiz, a provider of compliance and business services to financial advisers and institutions, said on Wednesday that former Smart Metering Systems executive David Thompson to join…

Altrincham-based cloud data integration platform Matillion has announced $100 million in Series D funding. The funding was led by Lightspeed Venture Partners with participation from…

Walmart Inc. said on Tuesday the Blackburn-based Issa brothers and TDR Capital have completed the acquisition of Asda, Walmart’s Leeds-based UK business, for an enterprise…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 18% on Tuesday after the firm said it has received the first data for its…

Plans have been unveiled for a proposed £600 million facility at Ellesmere Port on the Mersey that would convert non-recyclable household waste into sustainable aviation…

Leeds-based Jet2 plc said on Friday it raised £422 million by selling almost 36 million new shares in the firm to “provide sufficient liquidity on…

Blackburn-based billionaire brothers Mohsin and Zuber Issa and private equity firm TDR Capital have issued the largest-ever sterling junk bond as investors snapped up their…

Shares of Doncaster-based plastic piping and ventilation systems firm Polypipe Group rose about 11% on Thursday after it said it raised £96.3 million via the sale…

Leeds-based Jet2 plc said late on Thursday it intends to sell new shares in the firm in a placing and retail offer of stock that will…

Shares of Sheffield-based affordable housebuilder MJ Gleeson plc rose about 6% on Thursday after it said its full-year results are set to be “significantly ahead of…

New analysis from Deloitte has shown that the North West of England has continued to strengthen trading relationships with China — with total exports passing…

Doncaster-based plastic piping and ventilation systems firm Polypipe Group said on Wednesday it agreed to acquire Gloucestire-based London Topco Limited (ADEY) from mid-market private equity firm LDC…

Newcastle-headquartered Grainger plc, the UK’s largest listed residential landlord, on Wednesday published an update on its trading for the first four months of its financial year to the…

Flintshire-based house building giant Redrow plc said on Wednesday its first-half revenue soared 20% to £1.04 billion and pre-tax profit rose 11% to £174 million in the six…

York-based house building giant Persimmon plc said on Wednesday it has made a provision of £75 million in its 2020 results to pay for its contribution…

Esken Limited, the aviation and energy infrastructure group formerly known as Stobart Group, announced that Warwick Brady has tendered his resignation as chief executive and has…

A survey of more than 1,000 cryptocurrency investors carried out for Salford-based investment platform AJ Bell has found that a significant proportion of them “don’t have the…

The executive chairman of Bury-based FTSE 100 retailer JD Sports Fashion Plc said on Tuesday that Brexit has turned out to be “considerably worse” than he…

The UK government’s pension liabilities soared to £6.4 trillion in 2018, up 21% from 2015, according to new figures from the Office for National Statistics (ONS)….

Shares of Newcastle-based house building giant Bellway rose about 3% on Tuesday after it published a strong trading update for the six months ended January…

Shares of Manchester-based molecular diagnostics firm Yourgene Health plc fell about 7% on Monday after it issued an update on current trading for the second half…