Northern Financial Review

Bradford-based Yorkshire Building Society said on Thursday its assets rose to £45.1 billion in the six months to June 30, 2020, up from £43.4 billion at…

East Yorkshire-based chemicals giant Croda International said on Thursday its sales for the six months ended June 30, 2020, slipped 5.8% to £672.9 million and…

Shares of Newcastle-based software giant Sage Group, the UK’s largest listed tech company, rose 7% on Thursday after it said its revenue increased 4.1% to just…

The UK Government’s Department for Transport (DfT) on Thursday confirmed £589 million to kickstart work on the Transpennine main rail line between Leeds, Huddersfield and…

Salford-based investment platform AJ Bell said on Thursday its total assets under administration (AUA) increased to £54.3 billion in the three months ended June 30, 2020, up…

Shares of Merseyside-based Vimto firm Nichols plc rose 5% on Wednesday after the group said it will reinstate dividend payments and that CEO Marnie Millard will…

Shares of Harrogate-based IT firm Redcentric Plc rose 5% on Tuesday after it said its revenue fell 6% to £87.5 million for the year ended…

Salford-based broadband giant TalkTalk Telecom Group said on Tuesday its first-quarter headline revenue slipped 7.5% to £358 million “primarily due to COVID-19 impact” but that June…

Shares of Manchester-based corporate rescue practice Begbies Traynor Group plc rose 3% on Tuesday after it said its revenue increased 17% to £70.5 million in the year…

Bolton-based online electrical retailer AO World on Tuesday announced a bonus scheme for its 3,000 staff — but the plan would only be triggered if the…

Scandal-hit York house building giant Persimmon plc said on Monday that outgoing CEO Dave Jenkinson sold 50,000 shares in the company at a price of £26.21…

The London Stock Exchange said 521bonds were issued on the LSE during the first half of 2020, with $358 billionin debt capital raised. In its Debt…

Walmart said on Monday it has restarted talks with potential buyers of a majority stake in its Leeds-based supermarket firm Asda. “Walmart and Asda have…

UK corporate reaction to the Covid-19 pandemic caused unprecedented cuts in company dividends in the second quarter of 2020, according to the latest dividend monitor…

Sheffield-based video gaming firm Sumo Group plc said on Thursday it raised £13.7 million through the sale of 7,588,500 new ordinary shares in the company….

Shares of Wakefield-based video game developer Team17 Group have soared after it announced it signed a publishing agreement with Tencent Games’ NExT Studios. Team17 said the deal is…

West Yorkshire-based stone and landscaping products firm Marshalls plc said in a trading statement on Thursday its revenue for the six months to June 30, 2020,…

The UK Government said on Thursday it would seek to borrow another £110 billion from the bond market between September and November. The move will take the…

Shares of Carlisle-based agriculture and engineering firm Carr’s Group rose 5% on Wednesday after it said in a trading update it will pay a single…

Carlisle-based aviation and energy firm Stobart Group said on Wednesday it sold Stobart Rail Limited — which owns its Rail & Civils division — to Bavaria Industries…

The University of Manchester announced on Tuesday it has resumed the procurement process to find its development and investment partner to deliver the new £1.5…

Doncaster-based DFS Furniture said on Tuesday its full-year revenue fell about 27% to £725 million “due to the pause in deliveries to comply with COVID-19 restrictions…

Bolton-based online electrical retailer AO World said on Tuesday its revenue for the year ended March 31, 2020, rose 15.9% to £1.04 billion — but its…

The Financial Reporting Council (FRC) on Tuesday released its latest audit inspection results at the seven largest UK accounting firms which show “one third of audits requiring…

The Lausanne-based Court of Arbitration of Sport (CAS) said on Monday it has overturned Manchester City’s two-year UEFA ban from European football. CAS ruled that Manchester…

Preston-based Inspired Energy plc on Friday morning announced a proposed sale of new shares to raise up to £35 million to fund its acquisition of…

One of Boohoo’s largest shareholders — Edinburgh-based asset management giant Standard Life Aberdeen — has sold most of its stake in the Manchester-based online fashion…

About 44% of votes at the general meeting of Sheffield-based building materials supplier SIG plc were cast against a one-off payment of £375,000 to its…

Sheffield-based affordable housebuilder MJ Gleeson plc said on Thursday it completed the sale of 1,072 homes during the year to June 30, a reduction of 29.9% on…

Liverpool-based retailer B&M European Value Retail S.A. said on Thursday that Alex Russo will join the company as the chief financial officer (CFO) designate on October…

Manchester Airports Group (MAG), operator of Manchester, London Stansted and East Midlands airports, on Thursday published results for the year ended March 31 showing a 3.7%…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, fell about 4% on Thursday after it published results for the year ended March 31, 2020,…

Shares of Manchester-headquartered international law firm DWF Group plc rose about 13% on Thursday after it published a trading update showing “strong trading in the…

Shares of York house building giant Persimmon plc rose about 6% on Thursday after it published a trading update for the six months to June…

The Financial Reporting Council (FRC) said on Wednesday it fined Grant Thornton UK £3 million for “firm-wide failures” to ensure compliance with ethical standards between…

Shares of Manchester-based online fashion giant Boohoo Group plc fell another 15% on Wednesday as it moved to address concerns about working conditions and pay rates…

Barrow-in-Furness marine engineering services company James Fisher and Sons plc said on Tuesday its revenue in the second quarter was 18% lower than the comparative…

Shares of Doncaster-based plastic piping and ventilation systems firm Polypipe Group fell about 7% on Tuesday after it issued a trading update on the impact of the Covid-19…

Bury-based FTSE 100 retailer JD Sports Fashion Plc said on Tuesday its revenue increased 30% to £6.1 billion and its profit before tax and exceptional items…

Snaith, East Yorkshire-based speciality chemicals giant Croda International said on Monday it has strengthened its position in life sciences with the acquisition of Alabama-based Avanti…

Warrington-based Eddie Stobart Logistics plc said on Monday it made a statutory loss before tax of £238.9 million in the 12 months to November 30,…

Lloyds Banking Group (LBG) — owner of Halifax, Bank of Scotland and Scottish Widows — said on Monday that António Horta-Osório will step down as…

The UK’s Big Four accounting firms have been told by the Financial Reporting Council (FRC) they have until 2024 to separate their audit practices from…

Shares of Manchester-based online fashion giant Boohoo Group plc fell about 25% on Monday after a newspaper report said workers in a Leicester factory making…

Manchester-based developer Nikal said it signed contracts with Newcastle-based Grainger plc, the UK’s largest listed residential landlord, for the delivery of a 375-home private rented sector…

Royal Bank of Scotland chairman Howard Davies on Friday urged the Bank of England, the UK’s central bank, to lift the current ban on bank…

Manchester-based online fashion giant Boohoo Group plc has been accused of risking the spread of coronavirus following allegations that factories in Leicester that supply Boohoo…

Equinor said on Wednesday it is leading a project near Hull to develop one of the the world’s first “at-scale” facilities to produce hydrogen from…

Troubled Altrincham-based car dealership Lookers plc said on Wednesday it has requested that the listing of the company’s ordinary shares be temporarily suspended with effect…

Liverpool-based retailer B&M European Value Retail said on Wednesday its sales revenue increased 27.7% to £1.15 billion in the first quarter of its current financial…

Chester-based identity data company GB Group (GBG) said on Tuesday its revenue increased 38.7 % to £199.1 million and profit before tax rose 40% to…

The Eden Project and Lancaster University said on Tuesday they have committed to strengthening their existing partnership by signing a Memorandum of Understanding (MoU). Eden has…

Manchester-based online holiday retailer On the Beach Group plc (OTB) said on Tuesday it made a pretax loss of £34.1 million for the six months ended…

Flintshire-based house building giant Redrow plc said on Tuesday it expects turnover to fall about 36% to £1.34 billion for the year ended June 28, 2020,…

Shares of North Yorkshire-based power company Drax Group have soared almost 20% so far this week on speculation that it could be a takeover target….

Liverpool-based Anexo Group, the AIM-listed credit hire and legal services firm, said on Monday its revenue increased 39% to £78.5 million in the year to December…

The UK said on Monday it plans to sell a record £275 billion of government debt between April and August to pay for the massive…

Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said on Monday it issued a £350 million sterling-denominated senior secured bond at a coupon of 3% for…

The FTSE 350 defined benefit (DB) pension solvency deficit increased by £45 billion to £210 billion over the first five months of the year, according…

Troubled Altrincham-based car dealership Lookers plc said on Monday that a draft report by its auditors has identified £19 million “of non-cash adjustments necessary to…

Wakefield-based greeting card and gift retailer Card Factory plc announced on Friday the departure of its CEO Karen Hubbard. Chairman Paul Moody will take on…

Troubled shopping centre operator Intu Properties plc said on Friday it has gone into administration after failing to secure a debt repayment holiday from its…

Manchester-based online fashion giant Boohoo Group plc said on Friday it intends to implement a “management incentive plan” that will pay out up to a…

The Financial Conduct Authority (FCA) said on Friday it has instituted criminal proceedings against three former employees of Harrogate-based IT firm Redcentric Plc, who are…

Manchester-based fashion retailer N Brown Group said its revenue fell 6.1% to £858.2 million in the 52 weeks to February 29 and adjusted profit before…

Sheffield-based video gaming firm Sumo Group plc said on Thursday the coronavirus lockdown restrictions “are positively impacting the group’s underlying market, with video gaming activity…

Manchester-based Auto Trader Group plc — the UK’s largest digital marketplace for cars — said on Thursday its revenue rose 4% to £368.9 million and…

The John Lewis Partnership said on Wednesday it appointed Co-op Group deputy chief executive Pippa Wicks as the boss of its department stores division. Wicks,…

Scandal-hit York house building giant Persimmon plc said on Wednesday it has appointed National Express boss Dean Finch as its new group chief executive. Finch, 53,…

Troubled Altrincham-based car dealership Lookers plc on Wednesday announced big changes to its board “in order to refresh and strengthen … for the long-term future…