KKR to sell remaining stake in Pets At Home
US buyout fund KKR is to sell its remaining 12.3% stake in Chesire-based Pets At Home, the retailer of pet food, accessories and veterinary services. Pets…
US buyout fund KKR is to sell its remaining 12.3% stake in Chesire-based Pets At Home, the retailer of pet food, accessories and veterinary services. Pets…
Shares of Newcastle-based software giant Sage Group fell more than 6% after investors were left underwhelmed with its trading update for the three months to December…
Manchester United retained its top spot for a second consecutive year in the Deloitte Football Money League, generating total revenue of €676 million (£581 million). Real…
Shares of Manchester-based fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — fell about 12% after it cut its…
Shares of Chesire-based Pets At Home, the retailer of pet food, accessories and veterinary services, rose about 9% after it reported revenue growth of 9.6% to…
Manchester-based Revolution Bars Group plc said its revenue for the 26 weeks to December 30, 2017, rose 10.6% to £73.7 million. Revolution said four new venues…
Shares of Wakefield-based Bonmarché, the discount fashion retailer aimed at women over 50, fell 17% after it said sales for the 13 weeks ended December 30…
Shares of troubled Bradford-based subprime lender Provident Financial fell 13% on Tuesday after it said its consumer credit division (CCD) is expected to report a pre-exceptional…
Liverpool-based B&M European Value Retail said its total sales revenue increased 22.9% to £969.8 million in the quarter ended December 23. B&M CEO Simon Arora said: “B&M continues to…
Shares of Wakefield-based greeting cards retailer Card Factory fell about 17% after it predicted lower core earnings for the current year. Card Factory said said it now…
Rotherham-based fishing tackle retailer Fishing Republic said acting CEO Chris Griffin will leave the firm and chairman James Newman will assume the role of executive chairman until…
Manchester-based online fashion giant Boohoo.com plc said revenue growth for its current financial year is now expected to be around 90%, ahead of its previous guidance…
Bolton-based European online electrical retailer AO World said its group revenue was up 16.6% for the three months to December 31, 2017, year on year. In a trading update for…
UPDATE 1 — Sheffield-based European building products distributor SIG plc said its 2017 revenue from continuing operations increased 7.5% to about £2.8 billion. SIG also said it has…
Bradford-based supermarket group Morrisons said its like-for-like (LFL) sales excluding fuel for the 10 weeks to January 7 were up 2.8% “comprising contributions from retail of 2.1% and wholesale of…
York-based house builder Persimmon plc said 2017 revenues rose 9% to £3.42 billion and its average selling price increased by 3% to £213,300. “We anticipate…
The UK government has announced ambitious plans to create a new “Northern Forest” along the M62 corridor from Liverpool to Hull. Over the next 25…
York-based Gear4music, the online retailer of musical instruments and equipment, said in a trading update for the four months to December 31, 2017, that sales rose 42%…
Scunthorpe-based Nisa Retail, currently being acquired by Manchester-based Co-op Group, said its sales rose 17.7% to £277 million over the Christmas period — the 10 weeks…
Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said it exchanged contracts with Abode Hallam Limited and agreed to forward fund and acquire a private…
The Co-op has announced plans to open 100 new food stores across the UK in 2018, creating 1,600 jobs. The Manchester-based community retailer will invest…
UK car manufacturing fell 4.6% in November, according to figures from the Society of Motor Manufacturers and Traders (SMMT). Production for the UK home market…
Hitachi Rail Europe said production has started on new intercity trains for northern England, Scotland and the TransPennine Express. It said 19 new five-carriage trains harnessing Japanese…
Shares of North Yorkshire-based power company Drax Group fell more than 4% after it said biomass deliveries are currently restricted after an unplanned outage on the rail unloading facilities…
Shares of Merseyside-based Vimto and soft drinks firm Nichols plc see-sawed after it said the recent escalation of hostilities in Yemen resulted in its supply route…
The North East England Chamber of Commerce said the region’s export figures show it is bucking the UK’s downward, national trend with a strong third…
Sheffield-based video gaming giant Sumo Group plc announced the successful pricing of its initial public offering, with a placing 38,445,869 ordinary shares at 100p per…
Babcock subsidiary Cavendish Nuclear and its supplier Jordan Manufacturing have been awarded a 10-year contract worth up to £95 million to supply Sellafield Ltd with…
York-based house builder Persimmon said its chairman Nicholas Wrigley will resign and remuneration committee chair Jonathan Davie has resigned amid a row over excessive executive pay…
Shareholders of Mike Ashley’s Sports Direct International have voted 70.73% against paying Ashley’s brother John £11 million in back payments. Sports Direct had called a general meeting…
Capital projects costing more than £630 million have been put forward in response to a call for funding bids by Sheffield City Region (SCR). The…
Manchester Airport Group Investments Limited (MAGIL) said its revenue rose 12.7% to £543 million and adjusted operating profit rose 9.6% to 164.8 million in the six months…
The troubled £10 billion Moorside nuclear plant project on the Cumbria coast has been thrown a potential lifeline. South Korea’s state utility Korea Electric Power…
Darlington-based van hire company Northgate Plc said its revenue increased 10.4% to £349.7 million in the six months to October 31 — but profit before tax…
Hadrian’s Wall and The Great Wall of China are to sign a collaboration agreement to increase the historical and cultural understanding of the two sites,…
Leeds-based WYG, the AIM-listed project management consultancy, said its revenue rose 3.8% to £76.2 million in the six months to September 30 but it swung to a…
Shares of Sheffield-based Benchmark Holdings, the aquaculture health, nutrition and genetics company, rose 5% after it said its revenues of £138 million were in line with…
At least £15 billion worth of construction projects will get under way in the North East of England over the next five years — but…
Newcastle-based Grainger plc, the UK’s largest listed residential landlord, said its profit before tax rose 2% to £86.3 million in the year to September 30 and that…
Shares of Stockport-based beach holiday online retailer On the Beach Group plc rose 9% after it said its revenue increased 17.2% to £83.6 million and adjusted profit before…
The Co-op and Costcutter Supermarkets Group (CSG) confirmed an agreement that will see Co-op become exclusive wholesale supplier to CSG and the 2,200 Costcutter, Mace,…
Hull-based communications firm KCOM said its group revenue fell 8.5% to £151.3 million driven by expected decline in legacy activities within National Network Services and profit…
Shares of Chesire-based Pets At Home, the retailer of pet food, accessories and veterinary services, fell more than 10% after it said CEO Ian Kellett will…
Shares of Leeds-based WYG, the AIM-listed project management consultancy, slumped 33% after it said on Friday it anticipates that operating profit for the full year “will be…
Sheffield-based software and hardware firm Servelec said late on Thursday a £224 million cash takeover offer from Montagu Private Equity for Servelec had so far received support…
Troubled Bradford-based subprime lender Provident Financial said its executive chairman Manjit Wolstenholme died suddenly on November 23 at the age of 53. Wolstenholme assumed the role of…
Mike Ashley’s Sports Direct International has called a general meeting for shareholders to vote on whether Ashley’s brother John should be paid £11 million by…
Newcastle-based software giant Sage Group, the UK’s largest tech company, said its “organic” operating profit rose 10.3% to £475 million as “organic” revenue rose 6.6% to £1.69…
Leeds-based engineering services group Renew Holdings said revenue rose 6.7% to £560.8 million and adjusted profit before tax rose 13.1% to £25.2 million in the…
Shares of Thirsk, North Yorkshire-based steel group Severfield rose 11% after it said its revenue rose 16% to £137.1 million and underlying profit before tax soared 59%…
Bolton-based online electrical retailer AO World said its revenue rose 13.3% to £368 million in the six months ended September 30, 2017. However, group operating loss was £12 million compared…
Swiss private bank Julius Baer, which is opening new offices in Manchester, Leeds and Scotland, said a number of new key hires have joined the…
Clydesdale and Yorkshire Bank owner CYBG said on Tuesday its underlying profit before tax rose 33% to £293 million in the year to September 30. CYBG…
Southport-based Ludlow Wealth Management has acquired Scottish financial management business Whyte Sharp as it looks to increase its business in Scotland. Ludlow advises clients across…
Doncaster-based DFS Furniture said the Competition & Markets Authority (CMA) will allow its acquisition of sofa retailer Sofology Limited to proceed. “There were no conditions attached to the…
Manchester United plc said revenue for the 2018 fiscal first quarter ended September 30, 2017, rose 17% to £141 million in a period when it signed three new players…
Shares of Leeds-based leisure and logistics firm Dart Group, owner of Jet2.com and Jet2holidays, rose 8% after it said it is optimistic it will exceed market expectations of full-year…
Edinburgh and Newcastle-based Virgin Money said it will enter the banking market for small and medium-sized enterprises (SMEs) starting with a deposit account in January 2018…
Walmart said its Leeds-based subsidiary Asda enjoyed a second consecutive quarter of positive like-for-like growth. Walmart announced in its earnings for the third quarter that Asda reported…
The number of businesses in the North of England showing signs of growth is at its lowest for over five years, while the number showing…
The Competition and Markets Authority has provisionally concluded that Tesco’s £3.7 billion purchase of Booker does not raise competition concerns. This is a provisional decision and…
Members of Scunthorpe-based Nisa Retail Limited, the member-owned retail and wholesaling group, voted narrowly in favour of Manchester-based Co-op Group’s offer to buy Nisa for…
Manchester Airports Group (MAG) priced a £300 million, 22-year bond with an annual coupon of 2.875% and order book that was more than three times…
Manchester-based Lookers plc, the UK’s biggest car dealership, said in a trading update that its turnover of new cars increased 10% in the nine months to September…
Shares of York-based house builder Persimmon fell almost 4% after it said in a third quarter trading statement that achieving detailed planning consent for new developments…
Harrogate-based Vp plc, the equipment rental specialist, announced the acquisition of Brandon Hire Group Holdings Limited and its subsidiaries for £41.6 million in cash and…
Los Angeles-based private equity firm Leonard Green & Partners (LGP) said it will buy a controlling interest in Leeds-based Pure Gym Ltd, the UK’s largest gym…
Allied London’s recently completed Manchester development, No 1 Spinningfields, has been acquired by clients of Schroder Real Estate for more than £200 million. Schroder Real…
The Bank of England — the UK’s central bank — raised interest rates for the first time in more than 10 years on Thursday but…
Bradford-based supermarket group Morrisons said its third-quarter like-for-like sales excluding fuel were up 2.5%, “comprising contributions from retail of 2.1% and wholesale of 0.4%.” “We again worked hard…