Northern Financial Review

Bradford-based supermarket giant Morrisons said on Tuesday its group like-for-like (LFL) sales excluding fuel were down 1.7% for the 22 weeks to January 5 — but it…

Manchester-based commercial property company Bruntwood said on Tuesday its turnover rose 16.6% to £160.1 million and assets under management increased from £1.3 billion to £1.4…

Chesire-based veterinary drugs giant Dechra Pharmaceuticals Plc said on Monday it agreed terms to acquire the worldwide rights to the Osurnia product portfolio from Elanco Animal…

Runcorn-based workwear and linen rental company Johnson Service Group (JSG) said in a trading update on Friday it expects to announce full year results slightly ahead…

Wakefield-based video game developer Team17 Group — which went public in 2018 — said on Thursday it bought Salford-based Yippee Entertainment Limited for about £1.4 million. Yippee is…

Responsible investment campaign group ShareAction has claimed that many big UK pension schemes are skirting their responsibilities on climate change despite new regulations. ShareAction said…

Macclesfield-based engineering and thermal processing giant Bodycote said on Tuesday it agreed to acquire Ellison Surface Technologies for $200 million to create “one of the world’s…

Shares of Merseyside-based Vimto and soft drinks firm Nichols plc fell 11% on Monday after it warned in a trading update that a new excise…

Shares of Sheffield-based Benchmark Holdings, the aquaculture health, genetics and nutrition firm, fell about 7% on Friday after it announced disappointing results for the year…

Warrington Borough Council has signed two solar deals with Gridserve that will see it become it the first UK local authority to produce all its…

The number of private equity deals in the North of England rose 17% in 2019 with 46 completed transactions compared with 39 in 2018. However,…

Manchester-based investment platform AJ Bell said on Wednesday its CEO Andy Bell sold 5.5 million shares in AJ Bell at 420p per share to raise £23.1…

Warrington-based Eddie Stobart Logistics plc said on Tuesday that former chairman William Stobart, son of founder Eddie, has been appointed executive chairman of its major…

Scandal-hit York house building giant Persimmon has been urged to change its corporate culture by an independent review following serious complaints about its executive pay,…

Sorted, the Manchester delivery technology firm, said on Monday it has reached a major milestone after the value of goods it has shipped to date…

Manchester-based online beauty and wellness firm The Hut Group (THG) said it raised about €1 billion in capital to help fund expansion. The new capital comprises a…

Shares of banks, utilities, transport companies and property firms were among the biggest winners in Friday’s UK stock market rally on the back of the…

UK shares and the pound rose on Friday after Prime Minister Boris Johnson’s Conservative party secured a resounding general election victory that could clear the…

Shares of Chesire-based NWF Group plc, the agricultural and distribution business that delivers feed, food and fuel across the UK, rose about 5% on Thursday…

Manchester-based soaps and consumer products company PZ Cussons said on Thursday its long-time chief executive officer Alex Kanellis will retire from the company on January 31, 2020….

Shares of Bury-based FTSE 100 retailer JD Sports Fashion Plc fell about 10% on Wednesday following reports that its largest investor Pentland Group sold shares…

Manchester-headquartered international law firm DWF said on Wednesday it will acquire Spanish law company Rousaud Costas Duran (RCD) for up to €50.5 million in shares and…

Manchester Airport Group Investments Limited (MAGIL) on Tuesday published its financial statements for the half year ended September 30, 2019, showing revenue rose 7.3% to £540.6…

Manchester-based corporate rescue giant Begbies Traynor Group plc said on Tuesday its revenue in the half year ended October 31, 2019, increased 21% to £33.8 million and statutory…

UPDATE — Manchester-based investment platform AJ Bell said on Tuesday that 14 of its directors, executives and “persons closely associated with them” indicated their intention to…

The CEO of North Yorkshire-based power company Drax Group plc said on Tuesday it is the first company in the world to announce an ambition to…

Warrington-based Eddie Stobart Logistics Plc said on Friday its shareholders voted in favor of a takeover from major shareholder DBAY Advisors. Eddie Stobart said its…

Shares of Manchester-based online fashion giant Boohoo Group plc fell 6% on Thursday after the firm’s co-founders — Mahmud Kamani and Carol Kane — sold…

Manchester-based investment platform AJ Bell said its revenue rose 17% to £109.4 million and pre-tax profit soared 33% to £37.7 million in the 12 months to…

The two founders of Manchester-based online fashion giant Boohoo Group plc, Mahmud Kamani and Carol Kane, intend to sell up to 50 million shares in…

M&G Investments on Wednesday suspended dealing in its £2.5 billion open-ended UK property fund as it blamed Brexit uncertainty for an increase in requests from…

Bradford-based supermarket giant Morrisons on Wednesday promoted finance chief Trevor Strain to the role of chief operating officer, putting him in pole position to eventually take…

NewRiver REIT plc announced the acquisition of Warrington-based pub company Bravo Inns Limited for £17.9 million. Bravo Inns owns 44 community pubs, predominantly located in…

Electricity North West announced on Tuesday that institutional investors advised by First State Investments and J.P. Morgan Asset Management have agreed to sell their remaining…

Mercia Asset Management said it agreed to acquire the venture capital trust (VCT) fund management business of Newcastle-based NVM Private Equity LLP for up to…

Peel Ports said that three “megamax” quayside cranes arrived at the Liverpool2 container terminal, completing the final stage of their voyage from China. Each crane…

Manchester-based branded merchandise firm The Pebble Group plc has priced its initial public offering and conditional placing at 105p per share as it intends to…

Shares of Manchester-based online fashion giant Boohoo Group plc edged 2% higher on Tuesday after it issued a positive trading update that included a “record performance…

Troubled tourism agency Welcome to Yorkshire announced on Monday that former sports journalist James Mason has been appointed as its new chief executive. The 41-year-old,…

Build-to-rent (BTR) developer Moda Living and investor Apache Capital Partners said they secured a £96 million loan from LaSalle Investment Management to kick-start construction on…

Shares of Newcastle-based international bus and rail giant Go-Ahead Group slipped about 3% on Thursday after it slightly lowered its expectations for its regional bus…

Manchester City’s parent firm City Football Group (CFG) said it agreed a deal to acquire a majority stake in its eighth club — Mumbai City…

The number of North West firms securing overseas investment fell slightly in the third quarter compared to 12 months ago, with 14 transactions completed in…

UPDATE 2 — Shares of Virgin Money UK, formerly called CYBG, soared about 20% on Thursday after the bank said it believed the worst of…

The chairman of Sunderland-based furniture and floorings retailer ScS Group told the firm’s AGM on Wednesday that “ongoing economic and political uncertainties” are continuing to impact…

Manchester-based online holiday retailer On the Beach Group plc said on Wednesday its profit before tax for the year to September 30 fell 26% to…

Manchester City’s Abu Dhabi-controlled parent organisation City Football Group (CFG) announced on Wednesday that Silicon Valley-based private equity firm Silver Lake has agreed to make a $500…

Shares of Wilmslow, Chesire-based pet and vet retailer Pets At Home rose about 14% on Tuesday after it said it expects to return to profit growth…

Logistics company Wincanton plc, the UK’s largest logistics group, said on Monday its board had decided not to make an offer for Eddie Stobart Logistics….

Peel Ports has recorded a record-breaking month for its container operations at the Port of Liverpool. Quayside and landside throughput in October at its Liverpool…

Manchester-based online beauty and wellness firm The Hut Group (THG) on Thursday announced the launch of its inaugural Term Loan B (TLB) debt issuance.  THG said it is…

Trade conflicts, weak business investment and political uncertainty are weighing on the world economy and raising the risk of long-term stagnation, according to the OECD’s latest…

Shares of Leeds-based Dart Group, owner of Jet2.com and Jet2holidays, rose about 6% on Thursday after it said its revenue for the half year to September 30 rose 16%…

Shares of Macclesfield-based engineering and thermal processing giant Bodycote rose about 4% on Wednesday after it released a trading update covering the four-month period to October…

Shares of Leeds-based retail logistics firm Clipper Logistics plc soared 22% on Wednesday after it confirmed in a stock exchange statement that it received a…

Shares of Newcastle-based software giant Sage Group fell about 5% on Wednesday morning after it reported a 13% drop in full-year “organic” operating profit to £432…

Warrington-based United Utilities, the UK’s largest listed water company, said on Wednesday its profit before tax rose £4 million to £244 million in the six months…

Manchester-headquartered international law firm DWF on Monday issued a trading update for its half year ended October 31, 2019. DWF, which went public in March 2019,…

Manchester-based branded merchandise firm The Pebble Group has announced its intention to go public on the AIM market of the London Stock Exchange in early…

Greater Manchester-based healthcare and industrial adhesives firm Scapa Group said on Tuesday its first-half revenue grew 14.3% to £160.8 million despite the loss of a contract with…

Law firm Addleshaw Goddard said on Tuesday its banking team advised Manchester-based Co-op Group on the renewal of its £400 million banking facilities with a…

Manchester City Football Club on Tuesday released its 2018-19 Annual Report, posting record revenues of £535.2 million. The club, which this year entered its second…

Doncaster-based plastic piping and ventilation systems firm Polypipe on Tuesday issued a trading update for the 10 months ended October 31, 2019, reporting a “resilient performance…

Shares of Bolton-based online electrical retailer AO World rose about 13% on Tuesday after it said its revenue rose 16.3% to £470.1 million in the six months…

Newcastle-based cloud software giant Sage Group, the UK’s largest listed tech company, said on Monday it agreed to sell its Sage Pay business to Elavon,…

New York-listed Manchester United said on Monday its revenue edged slightly higher to £135.4 million in its fiscal first quarter ended September 30, 2019 —…

Global debt surged by $7.5 trillion in the first half of 2019, hitting a new record of over $250 trillion, said a new report from…

Salford-based broadband giant TalkTalk Telecom Group said on Friday it has put the sale of its full fibre broadband business FibreNation on hold after the UK’s…

Wakefield-based greeting card and gift retailer Card Factory said on Thursday its customers are spending more on average in its stores and online, helping to…

Manchester-based regeneration firm Peel L&P said Doncaster Council approved construction of a 3.5 million sq ft advanced manufacturing and logistics development at Doncaster Sheffield Airport…