Walmart confirms talks on Asda stake sale
Walmart and its Leeds-based subsidiary Asda confirmed late on Wednesday they are in talks with possible buyers of a stake in Asda. The news followed a…
Walmart and its Leeds-based subsidiary Asda confirmed late on Wednesday they are in talks with possible buyers of a stake in Asda. The news followed a…
Shares of troubled shopping centre operator Intu Properties plc — which runs Manchester’s Trafford Centre and Arndale Centre, Newcastle’s Eldon Square and Gateshead’s Metrocentre —…
Shares of troubled Warrington-based Eddie Stobart Logistics plc fell about 90% when the stock resumed trading on Wednesday after a six-month suspension. The shares plummeted to…
The UK’s blue chip index of big company shares has lost nearly £100 billion in the last two days amid fears about the spread of coronavirus….
Snaith, East Yorkshire-based speciality chemicals giant Croda International said on Tuesday its reported sales slipped 0.7% to £1.37 billion and reported profit before tax fell…
Shares of Warrington-based United Utilities, the UK’s largest listed water company, fell more than 3% on Tuesday amid a downgrade of its credit ratings from S&P…
Shares of Manchester United plc fell about 5.5% on Tuesday on the New York Stock Exchange after the company announced financial results for its 2020…
The UK economy is expected to strengthen over the coming months but the economic imbalances between the North and South of England will widen between…
The volume and value of cross-border corporate transactions in the North West of England fell in 2019, with 96 deals completed worth £2.29 billion, according…
Shares of Sheffield-based European building materials supplier SIG fell about 17% on Tuesday after it said its CEO Meinie Oldersma and CFO Nick Maddock have resigned…
Northwich, Chesire-based veterinary drugs giant Dechra Pharmaceuticals Plc said on Monday its revenue rose 7.1% to £248.5 million and profit before tax more than doubled…
Shares of Barrow-in-Furness marine engineering services company James Fisher and Sons plc rose 5% on Friday after it announced its Perth, Australia-based business JFD Australia…
Shares of Elland-based industrial engineering company The 600 Group plc fell 21% on Friday after it issued a trading update on its current year warning…
Shares of Chester-based price comparison website Moneysupermarket.com soared 18% on Thursday after its results for the year ended December 31, 2019, showed revenue grew 9%…
Bradford-based supermarket giant Morrisons said on Wednesdays it has become “the first major supermarket to sell only free range eggs.” The company said: “Morrisons originally committed…
Leeds-based private equity investor Endless LLP said on Wednesday it acquired Earlston-based BSW Timber Limited and all its associated subsidiaries. BSW is the UK’s largest…
Chester-based price comparison website Moneysupermarket.com said on Wednesday that its CEO Mark Lewis “has indicated to the board that he wishes to step down as chief…
Walmart’s Leeds-based subsidiary Asda — which is considering a future UK stock market listing — said on Tuesday its like-for-like sales excluding petrol fell 1.3% in the quarter…
Scandal-hit York house building giant Persimmon plc announced on Monday the appointment of the UK central bank’s chief operating officer Joanna Place to its board…
Global company dividends rose to a new record of $1.43 trillion in 2019, up 3.5% on a headline basis, according to the latest Janus Henderson…
Manchester City have been banned from the lucrative Champions League for the next two seasons and fined £25 million after they were found to have misled…
The Royal Bank of Scotland Group plc said on Friday it plans to rename itself NatWest Group plc later this year. The news came as…
Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said on Thursday it placed 61.2 million new ordinary shares in Grainger via J.P. Morgan Cazenove and Numis…
Salford-based broadband giant TalkTalk Telecom Group said on Thursday it priced its offering of £575 million senior notes due 2025 at 3.875%. “The offering was multiple…
Sheffield-based affordable housebuilder MJ Gleeson plc said on Thursday its revenue fell 11.2% to £105 million in the half year ended December 31, 2019, and profit before…
Sajid Javid has resigned as the UK Government’s Chancellor of the Exchequer (finance minister) as Prime Minister Boris Johnson’s first big cabinet reshuffle went spectacularly wrong. Bloomberg…
Shares of Ashton-Under-Lyne-based healthcare and industrial firm Scapa Group fell about 30% on Wednesday after it published an update on current trading ahead of its financial…
The UK’s Competition and Markets Authority (CMA) said on Tuesday the £90 million acquisition of Rochdale-based Footasylum plc by Bury-based FTSE 100 retailer JD Sports Fashion Plc…
Shares of troubled shopping centre operator Intu Properties plc gave up most of Monday’s gains on Tuesday after it said Hong Kong-based Link Real Estate…
Salford-based broadband giant TalkTalk Telecom Group said on Monday it launched a £500 million corporate bond offering to refinancing existing debt. In a stock exchange…
Shares of troubled shopping centre operator Intu Properties plc — which runs Manchester’s Trafford Centre and Arndale Centre, Newcastle’s Eldon Square and Gateshead’s Metrocentre —…
Wilmslow, Chesire-based pet and vet retailer Pets at Home Group Plc said on Friday it appointed Ian Burke as non-executive chairman to succeed Tony DeNunzio. …
Manchester-based smart meter company Calisen plc on Friday successfully priced its initial public offering at 240p per share, giving the firm a market capitalisation of…
Newcastle-based house building giant Bellway on Friday issued a trading update for the six months ended January 31, 2020, showing that its housing revenue rose…
Manchester-based Auto Trader Group plc — the UK’s largest digital automotive marketplace — said on Thursday that CEO Trevor Mather will now retire on February 29,…
Manchester-based online holiday retailer On the Beach Group plc said on Thursday it has responded to the “unprecedented opportunity to take market share” following the failure…
Flintshire-based house builder Redrow said on Wednesday its chief operating officer Matthew Pratt will be promoted to CEO as it revealed its revenue for the six months to…
Shares of Manchester car dealership Lookers plc rose 4% on Wednesday after it announced the promotions of CFO Mark Raban to chief executive officer and…
The latest data from Mercer’s Pensions Risk Survey has revealed that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest…
Manchester has completed another strong year of real estate completions — with the number of schemes delivered in 2019 at its highest level since 2006…
British Business Investments (BBI) has announced a commitment of £50 million to Manchester-based Tosca Debt Capital’s (TDC) third fund (Fund III) at first close, with…
Sheffield-based European building materials supplier SIG plc said on Monday it completed the sale of its air handling division to France Air Management SA for an enterprise…
Salford-based broadband giant TalkTalk Telecom Group said in a trading update on Friday it added 148,000 fibre connections in the third quarter. TalkTalk reported a slight…
Sheffield-based Benchmark Holdings, the aquaculture health, genetics and nutrition firm, said on Thursday it conditionally raised £36.4 million in a share placing at 40p per share and intends…
Sunderland-based furniture and floorings retailer ScS Group said on Wednesday its CEO David Knight, who joined the business 32 years ago, “has decided to retire from full…
Manchester-headquartered international law firm DWF said on Wednesday it agreed to acquire Chicago-based Mindcrest for $18.5m in cash and shares. Mindcrest specialises in services including litigation…
Manchester-based fashion retailer N Brown Group said on Wednesday that Rachel Izzard will be joining the company as group chief financial officer following the resignation…
The UK Government said on Wednesday it would nationalise Northern rail, bringing it under Government control, as the company running trains between northern cities including…
Huddersfield-based SimplyBiz, a provider of compliance, technology and business services to financial advisers and institutions, said on Tuesday it has delivered 24% revenue growth for…
Chesire-based NWF Group plc, the agricultural and distribution business that delivers fuel, feeds and food across the UK, said on Tuesday its revenue for the half…
Manchester-based soaps and consumer products company PZ Cussons said on Tuesday “challenging market conditions across key geographies” led to a 4.3% decline in adjusted group revenue to £293.3…
The stock market value of the listed companies in the North West of England soared £6.4 billion to a record high of £57.2 billion in…
Nexus, the public body which owns and manages the Tyne and Wear Metro, said on Tuesday it chose Swiss train builder Stadler to build new trains…
Shares of Virgin Money UK, owner of Yorkshire and Clydesdale banks, rose almost 5% on Tuesday after it issued a first quarter trading update confirming its trading…
Dividends from UK listed companies rose 10.7% to a new record of £110.5 billion in 2019, according to the latest Dividend Monitor from Link Group….
Shares of Virgin Money UK, the owner of Clydesdale and Yorkshire banks, rose about 7% on Friday after it announced more details on its board…
Three-quarters of investment trusts outperform their sister open-end fund over both one year and 10 years — but the trusts are more volatile than their…
Bradford-based supermarket giant Morrisons plans to cut 3,000 management jobs as part of a workforce restructuring that will see 7,000 store jobs created, it said on Thursday….
Shares of Manchester-based cyber security company NCC Group rose 3% on Thursday after it released half year results for the six months to November 30,…
Shares of York-based online music equipment retailer Gear4music rose more than 12% on Thursday after it issued a strong trading update for the two months…
Wilmslow, Chesire-based pet and vet retailer Pets At Home said on Wednesday its revenue grew 7.9% to £255.9 million in its third quarter. In a trading…
Shares of Newcastle-based software giant Sage Group rose 4.3% on Wednesday after the firm issued a trading update for the three months ended December 31,…
Manchester-based investment platform AJ Bell said on Wednesday its total customer numbers increased 4% in the quarter to December 31 to 241,152, with total assets under administration…
Salford-based broadband giant TalkTalk Telecom Group said on Tuesday it agreed to sell its fibre-to-the-premises (FTPP) network FibreNation, which has rolled out ultra-fast broadband connections…
Shares of Sheffield-based property investment and construction group Henry Boot plc fell about 3% on Monday after it published a trading update for the year…
Shopping centre operator Intu Properties plc confirmed on Monday it is in talks with shareholders and potential new investors to raise funds to shore up…
Global mining giant Anglo American plc on Monday agreed to buy Sirius Minerals, the troubled Scarborough-based firm behind the giant potash mine in North Yorkshire, for…
Newcastle-based software giant Sage Group said on Friday that Blair Crump, its president and executive director, will retire on March 31, 2020. Sage also said…
Shares of Hull-based meat processing giant Cranswick Plc rose 9% on Friday after it said in an unscheduled trading update that its adjusted profit before…
Marshalls plc, the Elland, West Yorkshire-based natural stone and landscaping products firm, said on Thursday its group revenue for the year ended December 31, 2019,…