Northern Financial Review

Greater Manchester Pension Fund (GMPF) is to invest £120 million into Legal & General’s Affordable Housing Fund, as it continues to invest to increase much-needed…

Aberdeen equipment rental firm First Integrated Solutions has completed an acquisition which will see it expand into four new cities and extend its services across…

Liverpool-based delivery firm Yodel has announced an £85 million investment through new ownership structure. Yodel’s expected merger with logistics tech firm Shift will not now go…

Leeds-based UK Infrastructure Bank (UKIB) has announced a £125 million term loan and £100 million debt guarantee, alongside a £25 million term loan provided by…

Bilbao-based green energy giant Iberdrola said on Friday it signed an agreement to acquire 88% of Warrington-based Electricity North West (ENW) in the UK for an…

KPMG’s latest UK Financial Services Sentiment Survey of 150 industry leaders found that 90% of them plan to increase their footprint outside of London in the…

Newcastle Building Society said in its half-year report that it has set aside £20 million of funds to provide support for “members who are former customers…

Skipton Group, which includes Skipton Building Society and estate agent Connells Group, reported higher half-year profit, helped by an upturn in the UK housing market. …

Manchester-based global cyber security firm NCC Group plc said on Thursday it agreed the disposal of Fox Crypto B.V. — part of its European cyber division in…

Humber Ports owner Associated British Ports (ABP) announced it is working with several major Agri Bulk players in readiness to bring in grain “to plug the…

Leeds Building Society said it had its busiest single day of mortgage completions in the first half of 2024, contributing to a 37% increase in total…

NCC Group, the Manchester-based global cyber security firm, reported a dip in annual sales but posted a profit excluding certain items. It said revenue declined…

Wilmslow-based pet and vet retailer Pets at Home Group reported a slight increase in overall sales for the first three months of its financial year…

LDC, the private equity investor of Lloyds Banking Group, said it exited its investment in Ashton-under-Lyne firm Hill Biscuits to Cerealto UK, a portfolio company…

SysGroup, the Manchester-based IT services, cloud hosting and cyber security firm, said its revenue grew 5% to £22.7 million in the year to March 31,…

Manchester-based Genedrive plc said UK medical authorities have recommended its genetic test for stroke sufferers before they use anti-blood clotting drugs, which should increase sales…

James Halstead plc, the commercial flooring manufacturer and international distributor based in Radcliffe, Greater Manchester, said full-year profit, cash levels and dividend would be higher…

The Trustee of the Greggs plc 1978 Retirement and Death Benefit Scheme has entered into a £100 million bulk purchase annuity transaction with Aviva, covering…

Greater Manchester Combined Authority (GMCA), the largest waste disposal authority in the UK, said it has extended its recycling and waste management contracts with SUEZ…

Cheshire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, said it reported “solid” results” for the year ended…

Sage Group plc, the Newcastle-based FTSE 100 global software business, said its revenue grew 9% to £1.737 billion in the nine months ended June 30, 2024. Sage…

Severfield, the Thirsk, North Yorkshire-based steel group, published an AGM trading update in line with expectations — with its UK and Europe order book at £460…

County Durham-based Filtronic plc, which sells communications technology for aerospace and defence uses, reported higher sales and profit for the year as it notched contracts…

Bodycote, the Macclesfield-based heat treatment and thermal processing giant, reported lower half-year revenue and profit due to weakness in its automotive and industrial units. It…

Croda International plc, the Snaith, East Yorkshire-based specialty chemicals giant, cut its forecast for the full year after it reported lower profit due to a…

Newcastle-based Greggs reported higher first-half sales and profit and kept its forecast unchanged as it benefited from growth in evening meals, delivery and food ordered…

Leeds-based Evri, one of the UK’s largest parcel delivery companies, on Monday announced plans to recruit 8,000 additional couriers alongside 1,000 warehouse and other supporting…

Venture capital firm BGF said it has invested a further £5.5 million in Manchester-headquartered digital media business KOMI Group. BGF made an earlier investment in…

Private equity firm Maven Capital Partners has opened a new office in Middlesbrough as part of its support for the Northern Powerhouse Investment Fund II…

Hull-based meat processing giant Cranswick plc said trading in the first quarter of its new financial year “has been strong with robust demand continuing in…

Former journalist Sebastian Walsh is to become the newly appointed “Head of Leeds” for the UK central bank, the Bank of England. The appointment follows…

Manchester-based Co-op Bank, which recently agreed to be acquired by Coventry Building Society for £780 million in cash, said on Friday its total income fell 6%…

North Yorkshire power generator Drax Group forecast earnings for the full year at the top end of analysts’ estimates on Friday, as it reported higher…

New York private equity firm Apollo announced that Apollo-managed funds have entered into a definitive agreement with Advent International to acquire Leeds-based Evri, one of the UK’s…

Research being used to develop new ways to prevent, diagnose and treat diseases like dementia, Parkinson’s, diabetes and cancer is to benefit from a £16…

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, announced on Thursday the completion of its acquisition of Alabama-based athletic fashion retailer Hibbett following receipt of the…

Bradford-based Yorkshire Building Society said in its half-yearly financial report that its balances increased £2.6 billion in the six months to June 30, 2024, and…

Runcorn nano-material firm Nanoco Group plc said Chief Executive Brian Tenner plans to leave the company, but will stay in his post until a successor…

Harrogate-based equipment rental group Vp plc said it expected results in line with current expectations this year but pinpointed sluggish growth in the rail and…

Sheffield-based FinLegal, which makes software for the legal industry, has raised £2 million in funding to accelerate the growth of its client base internationally. The…

County Durham-based Esh Group, one of the largest privately-owned construction firms in the North of England, has posted a 55% increase in pre-tax profit for…

Merseyside-based soft drinks maker Nichols plc said it expects full-year profit slightly ahead of investor estimates as sales of Vimto hit an all-time high in…

A private 5G network-enabled Innovation Lab will soon transform the Port of Blyth into a technology hub for the North East of England, providing unprecedented access…

LBG Media plc, the Manchester-based online publisher that owns LADbible and other brands appealing to young readers, said revenue and profit rose for the latest…

Newcastle-headquartered Grainger plc — the UK’s largest listed residential landlord — announced the £31 million acquisition of The Astley, a 135-home stabilised, fully occupied build-to-rent scheme within its…

Connells, part of the Skipton Group, said it has appointed Helen Charlesworth as its new Group CEO, subject to regulatory approval. The UK’s largest estate…

Rotherham-based land developer Harworth Group plc said it is on track to reach £1 billion EPRA NDV by the end of 2027. EPRA NDV stands…

Chicago-based Northern Trust said it has been reappointed by Lancashire County Pension Fund to provide custody and performance measurement services to the £11.5 billion fund,…

Sheffield-based Altitude Group plc, which designs and sells branded merchandise to customers around the world, said full-year sales and profit grew, as it made progress…

James Cropper plc, the Kendal-based paper and packaging company, said full-year revenue and profit fell due to lower demand and energy surcharges. The company reported…

Leeds-based Filtronic plc said it won a $9 million (£7.1 million) follow-on contract from Elon Musk’s SpaceX to provide E-band solid state power amplifier modules…

Far East Consortium, the developer working in a joint venture-partnership with Manchester City Council on the £4 billion Victoria North regeneration project, said it has…

Chester-based MONY Group plc, which runs the price comparison and consumer tip websites MoneySuperMarket and MoneySavingGroup, said sales for the last six months rose 5%,…

The number of British companies now in ‘critical’ financial distress rose by 1% to 40,613 in the last three months, according to Begbies Traynor Group…

English Cities Fund (ECF) said that plans to bring forward the Crescent Innovation development in Salford – tabled by its partnership with Salford City Council and…

Deloitte’s North West of England practice has officially opened the doors of its pioneering state-of-the-art home at 100 Embankment in Salford, Manchester. Occupying 65,600 sq….

Newcastle-based building services group Northern Bear plc said its profit before income tax rose from £1.9 million to £2.1 million in the year ended March…

Cheshire-based NWF Group plc, the business that delivers fuel, food and agricultural feeds across the UK, has announced changes to its board. Amanda Burton has been…

Salford-based investment platform AJ Bell said its assets under administration (AUA) closed at £83.7 billion for the three months ended June 30, 2024, up 20% over…

LDC, the private equity investor which is part of Lloyds Banking Group, said it has exited its investment in Newcastle education company The Edwin Group to…

Manchester industrial chain and power transmission firm Renold resumed dividend payments as it reported “record trading performance, significant earnings growth and strong cash generation” for…

Newcastle-based building services group Northern Bear plc confirmed a number of board changes. Simon Carr, 65, becomes non-executive chairman with immediate effect and Harry Samuel, interim…

Newcastle-based Greggs has announced plans for a giant new National Distribution Centre at Symmetry Park, Kettering, in partnership with Tritax Symmetry. “This initiative is a…

Sheffield-based builder and developer Henry Boot announced that Lee Powell, currently CEO of GMI Construction, will assume the role of Managing Director, Henry Boot Construction,…

Wilmslow-based fashion firm Sosandar plc — run by former magazine publishers Ali Hall and Julie Lavington — has announced that the locations for its first two stores…

Shares of Liverpool-based FTSE 100 firm B&M European Value Retail rose about 4% after it published a trading update for the first quarter of its…

Manchester-based household products firm McBride said in a trading update for the 12 months ended June 30, 2024, it delivered “the expected strong financial and operational performance,…

Manchester-based technology training firm Northcoders Group plc said it experienced record demand in the first half of 2024 “delivering a 26% increase in revenues during the period…

Peel Waters has submitted a revised Liverpool Waters Masterplan to Liverpool City Council, more than a decade on from original approval, unveiling a new vision…

Salford-based investment platform giant AJ Bell has written to UK chancellor Rachel Reeves urging the government to deliver “radical ISA simplification” to make life easier…