Northern Financial Review

Shares of Runcorn-based textile services provider Johnson Service Group (JSG) fell about 17% on Friday after it raised £85 million selling new stock in a placing and it…

Newcastle United Ltd on Friday published its financial results for the year ended June 30, 2019, showing turnover fell 2% to £176.4 million but profit after…

Shares of Manchester-headquartered international law firm DWF Group plc fell about 18% on Friday after it published a trading update showing “near term challenges” and…

Shares of Liverpool-based bargain retailer B&M European Value Retail rose 6% on Friday after it issued a trading update for the fourth quarter of 2019-20…

York-based Animalcare Group plc, the international animal health business, said on Thursday its revenue slipped 1.9% to £71.1 million in the year ended December 31,…

The English Premier League announced on Thursday that its shareholders have agreed to a new provisional restart date for the 2019-20 season of Wednesday June 17, provided…

Macclesfield-based heat treatment and thermal processing giant Bodycote said on Thursday it will cut 700 jobs — about 13% of workforce — and that its revenue for…

Manchester-based online fashion giant Boohoo Group plc announced on Thursday it will pay up to £324 million in cash and stock to buy the remaining 34%…

Shares of Manchester-based online fashion giant Boohoo Group plc fell another 4% on Wednesday after it published a stock exchange statement refuting an attack on…

The UK’s audit watchdog the Financial Reporting Council (FRC) said on Tuesday it has started two investigations into the audits of Warrington-based Eddie Stobart Logistics…

Highways England has announced that major upgrades to the notorious Trans-Pennine A66 road have come a step closer with the “official preferred route” announced for…

Shares of Newcastle-headquartered international bus and rail giant Go-Ahead Group fell about 11% on Friday after the firm published a trading update for the year ending June…

Shares of Salford-based investment platform AJ Bell fell about 15% to around 380p on Friday after Invesco Asset Management Limited said it sold almost 31…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Friday it raised £67.3 million in a sale of new stock in the firm…

Warrington-based United Utilities, the UK’s largest listed water company, said on Friday its underlying profit before tax rose £32 million to £492 million and revenue climbed…

Sheffield-based property investment and construction group Henry Boot plc said on Thursday its revenue fell 4% to £379.7 million in the year ended December 31,…

Manchester-based corporate rescue giant Begbies Traynor Group plc on Thursday published an update on trading for its financial year ended April 30, 2020, saying revenue is…

Chesire-based pet and vet retailer Pets at Home Group Plc said on Thursday its revenue grew 10.2% to exceed £1 billion for the first time…

New York-listed Manchester United plc on Thursday announced results for its 2020 fiscal third quarter ended March 31, 2020, saying total revenue fell 18.7% to £123.7…

Assura plc, the Warrington-based healthcare real estate investment trust (REIT), said on Thursday its portfolio of 576 properties yielded a rent roll up 6.4% at…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, rose about 17% on Thursday after it announced it raised £172 million in a sale…

Stobart Group, the aviation and energy firm, announced on Thursday that its wholly owned subsidiary Stobart Group Brands LLP has sold the Eddie Stobart and Stobart…

Salford-based investment platform AJ Bell said on Thursday its revenue rose 22% to £60.9 million and profit before tax (PBT) was up 28% to £22.7…

The UK government on Wednesday sold a bond that pays a negative yield for the first time. The UK sold £3.8 billion of three-year gilts…

Derby-based Rolls-Royce plc said on Wednesday it plans to cut at least 9,000 jobs from its 52,000 global workforce amid a slump in demand for…

Asda, Walmart’s Leeds-based subsidiary, said on Tuesday its first-quarter like for like sales, excluding petrol, increased 3.5% on the same period of 2019. The three-month…

Shares of Manchester-based McBride plc, the manufacturer of household cleaning products, rose about 6% on Tuesday after it published a trading update for its current financial year that…

Shares of Leeds-based engineering services group Renew Holdings rose about 15% on Tuesday after it published what it called a record first-half report for the…

Lancashire Cricket Club said it reported the best-ever EBITDA for a First-Class County of £7.6 million in its annual financial report for the year ending December 31,…

Manchester-based fashion retailer N Brown Group on Tuesday published a trading and financing update amid the industry’s coronavirus crisis troubles. The firm said trading has…

Global company dividends for 2020 could fall as much as 35% — almost $500 billion — according to the worst-case scenario in the latest Janus…

Troubled shopping centre operator Intu Properties plc said on Monday it will probably breach its debt covenants at the end of June due to falling…

The Yorkshire County Cricket Club said its employees have agreed up to 20% in salary reductions due to the impact of Covid-19. “These reductions, which…

Chester-based price comparison website Moneysupermarket Group announced on Friday the appointment of Peter Duffy as chief executive officer effective from September 1, 2020, subject to normal…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 30% on Friday after it published a stock market statement on a “very exciting development” in…

Manchester-based online fashion giant Boohoo Group plc on Thursday announced a proposed placing of new ordinary shares with existing and new institutional investors to raise up…

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said on Thursday it raised its interim dividend 6% “driven by rental growth and investment activity.” For the…

Ashton-under-Lyne-based healthcare and industrial firm Scapa Group said on Thursday it raised £32.6 million via the placing and subscription of just over 31 million new…

Port of Tyne said on Wednesday it is to become the new base for the world’s biggest offshore wind farm, Dogger Bank. Equinor and SSE…

West Yorkshire-based natural stone and landscaping products firm Marshalls plc said in a trading statement on Wednesday that its sales in the four months through April…

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Wednesday its first-half revenue edged 1.9% higher to £975 million and operating…

Shares of Wilmslow, Chesire-based pet and vet retailer Pets at Home Group Plc fell about 7% on Tuesday as it rejected claims by Austin, Texas-based…

Shares of Bolton-based online electrical retailer AO World rose about 6% on Tuesday after it said in a trading update it “has grown market share and seen…

The UK government’s Coronavirus Job Retention Scheme will remain open until the end of October, Chancellor Rishi Sunak announced on Tuesday. Sunak said the furlough…

Bradford-based supermarket giant Morrisons on Tuesday reported a 5.7% rise in group like-for-like sales in its latest quarter and said its online shopping business was expanding…

Blackpool-based polymer company Victrex said on Monday its reported revenue rose 4% to £151.5 million in the six months ended March 31, 2020, with first-half profit…

Latest figures from MIDAS, Greater Manchester’s inward investment agency, show it supported the creation of 3,458 jobs across the city region in the last financial…

Shares of Doncaster-based plastic piping and ventilation systems firm Polypipe Group fell about 11% on Thursday after it issued a COVID-19 trading update and said it raised…

The UK’s central bank said on Thursday the UK could suffer its biggest economic slump for more than 300 years due to the coronavirus lockdown….

The 10 Greater Manchester councils that own a majority stake in Manchester Airports Group could be set to provide a £260 million finance package to…

Louise Wyman has been confirmed as Manchester’s new Strategic Director of Development, taking over from Eddie Smith following his retirement from the Manchester City Council…

Manchester-based Co-operative Bank said on Wednesday the impact of Covid-19 negatively affected its statutory loss before tax by about £12 million. In a first quarter…

Wakefield-based greeting card and gift retailer Card Factory said on Wednesday its web site has delivered sales growth of 267.5% since the coronavirus lockdown started. About…

The UK’s Competition and Markets Authority (CMA) said on Wednesday it has blocked the purchase of Footasylum by JD Sports Fashion after finding it “would…

Bury-based retail giant JD Sports Fashion Plc has stopped Kath Smith, one of its non-executive directors, from taking up a similar role with Manchester fashion…

Runcorn-based workwear and linen rental company Johnson Service Group (JSG) said on Tuesday that revenue in its hotel, restaurant and catering markets fell 97% in April as…

Nottingham-based car retail group Pendragon plc said on Monday that its talks on a potential merger with Manchester-based Lookers plc “have ceased.” On March 10,…

Troubled shopping centre operator Intu Properties plc said on Friday it secured debt waivers from its creditors until June 26 amid a collapse in rental…

Shares of Wetherby-based biotherapeutics company Avacta Group plc rose another 14% on Friday after it announced it entered a collaboration with Massachusetts-based Adeptrix to develop…

Greggs, the Newcastle-based bakery and “food-on-the-go” retail giant, said on Thursday it has changed its mind about reopening 20 shops as a trial run next…

Newcastle-based house building giant Bellway said on Thursday it will resume some construction work, initially on a phased basis, from Monday May 4. In a stock…

Manchester-based global  consumer brand and technology firm The Hut Group (THG) said on Thursday it will launch its own cargo airline called THG Air via…

York-based house building giant Persimmon plc said on Wednesday its current forward sales position to date in 2020 is £2.4 billion compared to £2.7 billion last…

Legal & General said on Tuesday it will invest £150 million into Sheffield’s West Bar Square development to deliver the first phase of the mixed-use…

Newcastle-based bakery and “food-on-the-go” retail giant Greggs said on Monday it plans to reopen 20 shops from next Monday in a trial to see if it is…

Flintshire-based house building giant Redrow plc said on Monday it “intends to commence mobilising sites” in the week starting May 11 “with a phased return to…

Carlisle-based aviation and energy firm Stobart Group said on Monday it agreed to buy back regional airline Stobart Air and its leasing firm Propius for up…

Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, said on Friday it expects an exceptional charge of £109 million due to its operations “currently being suspended…

York-based house building giant Persimmon plc said on Friday it will begin “a phased restart to work on site” with effect from Monday, April 27, “in…

Bury-based retail giant JD Sports Fashion Plc said on Friday it will not pay a final dividend this year and said its senior management agreed…