Northern Financial Review

Walmart Inc has picked the founders of Blackburn-based global petrol station and convenience store giant EG Group and their investor, private equity firm TDR Capital, as preferred…

Manchester-based online fashion giant Boohoo Group plc said on Friday the independent review of its UK supply chain led by Alison Levitt QC “identified many…

Bradford-based supermarket giant Morrisons has become the first major UK retail chain to reintroduce restrictions on purchases of key items after the UK government imposed new measures…

The Leeds-based £46 billion Border to Coast Pensions Partnership has appointed four specialist managers for its Multi-Asset Credit Fund. Subject to FCA approval, the fund…

Leeds-based credit card, identity and mobile phone protection firm CPP Group said on Thursday its revenue increased 3% to £61.8 million “with a strong Q1 being…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose 7% on Thursday after it announced that former Wood Group executive Hugh Pelham will succeed Tim…

Warrington-based United Utilities, the UK’s largest listed water company, said in a trading update on Thursday it expects its first-half revenue to be lower than the…

Shares of Sheffield-based building materials supplier SIG plc fell about 10% on Thursday after it published results for the six months ended June 30, 2020, showing…

The UK’s Financial Conduct Authority (FCA) said on Thursday it has begun criminal proceedings against three former employees of Harrogate-based IT firm Redcentric Plc —…

Shares of Doncaster-based DFS Furniture fell 5% on Thursday after it published results for the 52 weeks ended June 28, 2020, showing revenue fell about 27%…

Newcastle-headquartered international rail and bus giant Go-Ahead Group said on Thursday its revenue rose 6.1% to £3.89 billion in the year to June 27. Go-Ahead said…

Shares of Wilmslow-based pet and vet retailer Pets at Home Group plc rose about 25% on Thursday after it published a trading update for the…

Manchester-based consumer products company PZ Cussons said on Wednesday its first-quarter revenue rose 23% due to a rise in demand for soaps and hand sanitisers during the…

Shares of Manchester and Edinburgh-based rented housing developer Sigma Capital Group rose about 17% on Tuesday after it announced a £1 billion residential joint venture with EQT Real…

Shares of Leeds-based property investor and car park operator Town Centre Securities (TCS) rose about 5% on Tuesday after it published results for the year ended…

Morningstar said on Monday that investors withdrew another £2.26 billion out of UK equity funds in August as uncertainty over Brexit and a second wave…

Leeds-based property investor and car park operator Town Centre Securities (TCS) said on Monday it sold four retail properties in Scotland and London for a…

Shares of Newcastle-headquartered international rail and bus giant Go-Ahead Group fell about 7% on Monday after it published details of the UK Department for Transport’s extension…

By Mark McSherry Rolls-Royce said at the weekend it is “evaluating the merits of raising equity of up to £2.5 billion” and is also considering…

Manchester-based Co-op Group said on Thursday its half-year revenues increased 7.6% to £5.8 billion for the 26 weeks to July 4 “driven by exceptional performances…

Japan’s Hitachi, Ltd. said on Wednesday it will end business operations on its UK nuclear power plant construction project — including a £15 billion nuclear…

Shares of Manchester-based consumer brand and e-commerce giant The Hut Group (THG) soared as much as 30% in the company’s first day of trading on the…

Flintshire-based house building giant Redrow plc said on Wednesday its profit before tax fell 66% to £140 million in the year to June 28 as revenue…

Shares of Huddersfield-based SimplyBiz, a provider of compliance and business services to financial advisers and institutions, rose 7% on Tuesday after it published results for…

New analysis by Willis Towers Watson says underfunded defined benefit (DB) pension schemes in the UK are “over-dependent on historically improbable equity returns, if they…

Shares of Doncaster-based plastic piping and ventilation systems firm Polypipe Group rose about 5% on Tuesday after it published results for the six months ended June…

Shares of Elland, West Yorkshire-based stone and landscaping products firm Marshalls plc fell about 6% on Tuesday after it said revenue for the six months ended…

North Yorkshire-based power company Drax Group said on Monday it has struck a new infrastructure term loan facilities agreement “that provides committed facilities of approximately £160…

Sheffield-based affordable housebuilder MJ Gleeson plc said on Monday its revenue fell 41.1% to £147.2 million in the year to June 30, 2020, and profit before tax…

Manchester-based consumer brand and e-commerce giant The Hut Group (THG) on Thursday priced its initial public offering (IPO) of stock at £5 per share, which implies…

Wakefield-based video game developer Team17 Group said on Thursday its revenue grew 28% to a record £38.8 million in the six months ended June 30, 2020, with profit…

Shares of Bradford-based supermarket giant Morrisons fell about 4% on Thursday after it said revenue slipped 1.1% to £8.73 billion in the half year to August…

Shares of Leeds-based healthcare software and systems firm EMIS Group rose 8% on Wednesday after it announced results for the six months ended June 30 showing revenue…

Shares of Macclesfield-based Redx Pharma plc rose another 15% on Wednesday after it announced a new research collaboration with Dublin-based Jazz Pharmaceuticals to discover and…

Shares of Sunderland-based furniture and floorings retailer ScS Group rose 15% on Tuesday after it issued a trading update saying its order intake increased 92.2% for the…

Shares of Manchester-based household cleaning products firm McBride plc fell 5% on Tuesday after it released results for the year ended June 30, 2020, showing revenue…

The latest Fund Flow Index from funds network Calastone shows that a net £1.2 billion was taken out of UK-focused stock funds between June and…

Shares of Manchester-headquartered international law firm DWF Group plc rose about 6% on Tuesday after it published a strong trading update for the first quarter ended…

Shares of Bury-based FTSE 100 retailer JD Sports Fashion Plc rose about 7% on Tuesday after it said it was “reassured” and “generally encouraged” by…

Shares of Dechra Pharmaceuticals Plc, the Northwich, Chesire-based veterinary drugs giant, rose about 7% on Monday after it published results for the year ended June…

Carlisle-based aviation and energy firm Stobart Group confirmed on Friday it is in early stage discussions with a number of parties including Falko Regional Aircraft Limited regarding…

Manchester-based Co-op Group said on Friday it will create 1,000 jobs with new store openings and the extension of existing shops. Co-op Group said it…

UK savers put £1.6 billion into retail funds in July, according to latest figures published by the Investment Association (IA) — but stock funds experienced outflows…

Global index provider FTSE Russell has confirmed that Liverpool-based B&M European Value Retail will be joining the FTSE 100 Index as a result of the…

Tritax Big Box REIT plc said on Thursday it completed the sale of its Chesterfield warehouse for £57.3 million to Warehouse REIT plc.  “We acquired…

Shares of Manchester-based cyber security company NCC Group rose 5% on Thursday after it published results for the year ended May 31, 2020, showing revenue…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, rose about 3% on Thursday after it published a positive AGM trading statement and said it…

Manchester-based consumer brand and e-commerce giant The Hut Group (THG) on Thursday confirmed its intention to float on the London Stock Exchange. The Hut Group, which…

Runcorn-based textile services provider Johnson Service Group (JSG) said on Wednesday its revenue fell about 31% to £114.8 million in the six months to June 30 and…

Bradford-based supermarket giant Morrisons said on Wednesday it is doubling the number of fully-qualified, expert florists employed in its stores to 300 this Autumn. Morrisons said…

Harrogate-based IT firm Redcentric Plc confirmed on Wednesday it “has initiated limited discussions with third parties with a view to seeking a potential purchaser or…

Shares of York-based international online music equipment retailer Gear4music rose another 4% on Tuesday after it said its trading remained strong throughout July and August. The…

Greencoat UK Wind plc said on Tuesday it agreed to acquire SSE’s 25.1% interest in the Walney I and II offshore wind farms off the…

Scandal-hit York house building giant Persimmon plc said on Friday that its outgoing CEO Dave Jenkinson sold 129,307 shares in the company at roughly £26.50 per…

Doncaster-based DFS Furniture said on Thursday it agreed to sell The Sofa Workshop Limited to Halo Furnishings Limited for about £300,000. “The gross assets of Sofa…

Bradford-based supermarket giant Morrisons said on Thursday that all of its offers submitted to students looking to join their degree apprenticeships this year are guaranteed —…

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, announced on Thursday that Donald Brydon has indicated his intention to retire from his role…

Manchester-based consumer brand and e-commerce giant The Hut Group (THG) said on Thursday it is planning an initial public offering on the main market of the London Stock Exchange…

Newcastle-headquartered international bus and rail giant Go-Ahead Group said on Wednesday the Land Transport Authority (LTA) of Singapore has granted a two-year contract extension to Go-Ahead…

Shares of Bradford-based subprime lender Provident Financial rose about 18% on Wednesday as analysts said its results for the six months ended June 30, 2020,…

McLaren Automotive CEO Mike Flewitt confirmed on Tuesday the introduction of the brand’s “all-new, flexible, lightweight vehicle architecture which will underpin its next generation of…

Shares of Barrow-in-Furness international marine engineering company James Fisher and Sons plc fell about 9% on Tuesday after it said its revenue fell 10% to…

Shares of Doncaster-based DFS Furniture rose about 11% on Tuesday after it said its current trading is “significantly” ahead of its initial expectations. “We have continued…

Manchester-based Co-operative Bank plc on Tuesday announced proposals to cut around 350 jobs and close 18 branches. “Aside from the specific branches affected, the reduction…

Carlisle-based agriculture and engineering firm Carr’s Group announced on Monday that Tim Davies has decided to step down as chief executive officer after seven years…

Shares of Leeds-based retail logistics firm Clipper Logistics jumped about 9% on Monday after it said its revenue rose 8.8% to £500.7 million in the year…

Sheffield-based property investment and construction group Henry Boot plc said on Monday its revenue fell 42% to £108.7 million in the six months to June…

Mike Ashley’s Frasers Group announced on Monday the acquisition of “certain of the assets” of Dave Whelan Sports (DW Sports) Limited from the administrators of DW…

Global company dividends fell by $108.1 billion to $382.2 billion in the second quarter of 2020, the lowest Q2 total since 2012, according to the…

The Association of British Insurers (ABI) said on Friday it has found that UK Government proposals to reform the calculation of the Retail Price Index…