Northern Financial Review

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,…

Shares of Chesire-based veterinary drugs giant Dechra Pharmaceuticals Plc fell almost 9% on Thursday after it issued a trading update for the half year to…

Manchester-based smart meter company Calisen plc confirmed on Thursday it will seek a listing on the London Stock Exchange next month with a £300 million…

Shares of Manchester-based fashion retailer N Brown Group fell 25% on Thursday after it said in a trading statement it expects annual adjusted profit to be…

Shares of Leeds-based retail logistics firm Clipper Logistics plc fell 5.5% on Wednesday afternoon after it said Sun Capital Partners Group does not intend to…

Shares of Manchester-based Revolution Bars Group plc rose 5.5% on Wednesday after it published a trading update for the 26 weeks ended December 28, 2019,…

York housebuilding giant Persimmon said on Wednesday its revenue slipped 2.4% to £3.65 billion in the year to December 31 reflecting “the action being taken…

Stobart Group founder and former chief executive Andrew Tinkler has sold his stake in the Carlisle-based energy, airports and civil engineering firm. Tinkler sold his…

Flybe shareholders have struck a rescue deal with the British government to keep the regional airline operating, UK business minister Andrea Leadsom said on Tuesday. …

The former chief executive of Persimmon who left the York-based housebuilder following criticism of his £75 million pay package has resurfaced as the boss of a smaller…

Manchester-based online fashion giant Boohoo Group plc said on Tuesday its revenue rose 44% to £473.7 million in the four months to December 31 as the…

Regional airline Flybe is fighting for survival, with the UK government being asked to help prevent a second airline failure in less than six months,…

Shares of Liverpool-based bargain retailer B&M European Value Retail fell about 6% on Friday after it published a trading update for the 13 week period to…

Shares of Wakefield-based video game developer Team17 Group rose about 10% on Friday after it published a strong trading update for the year ended December 31, 2019. Team17…

Bury-based FTSE 100 retailer JD Sports Fashion Plc announced a positive trading update on Friday following the Christmas trading period. JD Sports said it remains…

Sheffield City Council said it is set to approve its Housing Revenue Account (HRA) Business Plan for 2020-2021, which includes proposals to invest £500 million over…

Merseyside-based Vimto and soft drinks firm Nichols plc said on Thursday its revenue rose 3.6% to £147.2 million for the year. Nichols’ other brands include…

Shares of Sheffield-based European building materials supplier SIG fell about 22% on Thursday after it said in a full year trading update that its “deterioration in…

Shares of Wakefield-based greeting card and gift retailer Card Factory fell almost 30% on Thursday after it said its Christmas trading period was “challenging” and it…

The Leeds-based £45 billion Border to Coast Pensions Partnership said on Wednesday it appointed US bond fund giant PIMCO as the core manager for its…

Global mining giant Anglo American plc said on Wednesday it is in advanced talks to buy troubled Scarborough-based Sirius Minerals plc, the firm behind the giant potash…

Newcastle-based bakery and “food-on-the-go” retail giant Greggs said on Wednesday it will pay a £7 million special payment to employees — about £300 each for its 23,000 staff…

Blackburn-based global petrol station and convenience store giant EG Group is considering its biggest-ever acquisition with a £4.5 billion move for Caltex Australia, according to a Bloomberg…