Northern Financial Review

Manchester-based digital archive company MirrorWeb said it got a $63 million growth equity investment from U.S. firm Mainsail Partners.  The investment will enable MirrorWeb to…

Leeds-based Jet2 plc said year-to-date trading is in line with its expectations, but it is too early to provide definitive guidance on profitability for the…

Speedy Hire plc, the Newton-le-Willows-based tools and equipment hire firm, said trading is in line with the board’s expectations for the full year, ahead of…

Sheffield-based builder and developer Henry Boot announced that its land promotion and planning business Hallam Land has secured planning permission on appeal for 290 homes in…

James Cropper plc, the Kendal-based Advanced Materials and Paper & Packaging group, said its trading for the 18-week period ended July 27, 2024, is in…

Skipton International, part of the Skipton Group, has announced the appointment of Eric Barnett as its new chair. Skipton International is a bank that provides Sterling…

Runcorn-based workwear and textile firm Johnson Service Group (JSG) said its profit before tax rose 38.5% to £18.7 million in the six months to June 30 as…

York-based Aptamer Group plc, the developer of novel Optimer binders to enable innovation in the life sciences industry, announced an extension of its partnership with…

Chester-based DataScope Systems, a provider of software and hardware products to the global construction sector, said it has secured investment from growth capital investor BGF. Founded…

Manchester-based PRS REIT plc has pushed back on an attempt to call a general meeting to oust two directors from its board, calling the move…

Gateshead-based Vertu Motors plc said it expects full year adjusted profit before tax to be broadly in-line with current market consensus, although profit for the…

Greater Manchester Pension Fund (GMPF) has provided a loan of £31.3 million to developer-operator Placefirst to support the delivery of affordable rental housing in the…

Sunderland City Council has exchanged contracts with Placefirst, the build-to-rent developer and regeneration specialist, to develop a 165-home neighbourhood at Riverside Sunderland. Situated on Farringdon…

Runcorn nano-material firm Nanoco Group plc confirmed that a European customer would make no follow on orders for materials used in infrared sensing applications and…

Manchester-based PRS REIT announced it received a letter from shareholders holding 17.3% of its stock requesting a general meeting to vote on resolutions to remove two…

Leeds-based transport data analytics firm Tracsis plc said it expected full-year profit to fall after disruptions to its business caused by the UK general election. …

North Yorkshire power generator Drax Group is to pay £25 million into Ofgem’s Energy Industry Voluntary Redress Fund after an investigation by the UK electricity…

The UK’s tax system perpetuates regional inequality by taxing income from labour at a higher rate than income from wealth, according to a new research…

The Port of Tyne said it set a new record in 2023 with 61 cruise ship calls, welcoming 710,000 passengers — a 91% increase compared to…

Brighouse-based Logically, a firm that builds AI to combat harmful online content, announced the acquisition of Barcelona-based AI company Insikt AI. Logically said the acquisition…

Sheffield-based Henry Boot announced that HBD, the group’s property investment and development arm, has completed a £15 million GDV industrial & logistics (I&L) unit at…

A £38 million centre dedicated to developing acceptable and planet-friendly alternatives to animal proteins is to be headed up by the University of Leeds. The…

Merseyside-based Applied Nutrition has confirmed it is “actively preparing” for an initial public offering (IPO) of shares on the London stock market at the end of…

The value of Liverpool City Region’s tourism industry has increased 21% from 2022 to £6.25 billion as visitor numbers increased by 4.4 million from 2022 to…

Bruntwood SciTech has expanded its highly successful Female Founders Incubator, moving it to Cheshire’s Alderley Park, as it looks to tackle the pay gap between…

Deloitte has established a regional equity capital markets (ECM) hub in Manchester for the North West of England, broadening its services to large corporates. With…

A new decommissioning hub at Port of Sunderland is set to play a key role in helping the North East capitalise on a growing industry…

Private equity firm Inflexion announced it has invested in Cleckheaton, West Yorkshire-based Cutwel, a specialist cutting tool distributor, alongside the firm’s management team led by…

Leeds-based private equity firm Endless LLP announced it has successfully exited its investment in Wakefield-based industrial automation company Sewtec Automation to Los Angeles-headquartered Automated Industrial Robotics Inc…

Georgia, US-based Aptean, Inc., a provider of AI-driven enterprise resource planning (ERP) solutions, announced the acquisition of software developer SSG Insight, an enterprise asset management…

JD Sports Fashion plc, the Bury-based FTSE 100 retailer, said sales rose for the latest quarter, helped by strong US and European sales. It left…

Leeds-based PureGym Group has announced changes to its senior management team which include a change of role for CEO Humphrey Cobbold, who will become chair,…

Modaxo Inc. of Canada announced the acquisition of Castleford-based Cammax Limited, a provider of self-service ticket vending machines (TVMs), parking payment machines, and associated services….

Humber Freeport said it has helped to attract another major inward investment by playing a key role in securing a £250 million development. It said…

Manchester-based social impact developer Capital & Centric has confirmed that it plans to give Gateshead’s historic Old Town Hall a new lease of life. Capital &…

Micochip design giant Arm Holdings is to expand in Manchester city centre after signing the largest office deal yet announced at Gary Neville’s £400 million St…

Manchester-based mutual the Co-op Group announced that, along with other members of The Royal Foundation’s Business Taskforce for Early Childhood, it is “spearheading an intervention”…

Wilmslow-based fashion firm Sosandar plc — run by former magazine publishers Ali Hall and Julie Lavington — announced it has signed a lease agreement for its third…

North Yorkshire power generator Drax Group said it has completed the refinancing of its revolving credit facility. The company, which runs the UK’s largest renewable…

Investment trust Caledonia Investments plc said it has paid £55 million to acquire a majority stake in Blackpool-based Direct Tyre Management Ltd, an independent provider…

Associated British Ports (ABP), the UK’s largest ports operator, announced the appointment of Andrew Dawes to the position of Regional Director, Humber, to succeed Simon…

Amazon announced it has launched a new £500 million state-of-the-art fulfilment centre at Gateway45, Leeds, that will employ more than 2,000 people by November this year. The…

Property firm Eddisons said it has sold the 11,000 sq ft former Yorkshire Bank Chambers in Sheffield city centre — which was once the city’s…

Sheffield-based green hydrogen and energy storage firm ITM Power plc said its revenue more than tripled to £16.5 million in the year to April 30,…

Harrogate-based IT firm Redcentric plc said CEO Peter Brotherton has announced that he will retire and step down “as soon as a suitable successor is appointed.”…

Teesside International Airport reported its first profit in more than a decade, helped by higher passenger numbers and successful developments and its adjacent Business Park….

The Padel Club, based in Wilmslow, has become the first Cheshire business to get funding from the £660 million Northern Powerhouse Investment Fund II. The…

Leeds-based piping and ventilation systems firm Genuit Group plc — formerly called Polypipe Group — said on Tuesday its revenue for the six months ended June 30,…

Developer Muse has been named as the delivery and investment partner which will work with Manchester City Council to deliver “transformational investment” in Wythenshawe town…

Dublin-based Keywords Studios has announced the acquisition of Liverpool game development firm Wushu Studios Limited.  The transaction comes ahead of Keywords’ own takeover by private…

Newcastle-based housebuilder Bellway plc has dropped its unsolicited £720 million all-share bid for rival Crest Nicholson, the companies said.  The move ends a months-long standoff,…

Universities Superannuation Scheme Ltd (USSL) said it has bought 3,000 shared ownership homes from Sage Homes, an entity created by funds managed by Blackstone and…

Sheffield-based green hydrogen and energy storage firm ITM Power plc said it signed a contract for the REFHYNE II project to supply 100MW of TRIDENT…

Salford-based broadband giant TalkTalk Group announced the terms of a major refinancing and confirmed some top-level leadership changes.  The company said it reached agreement with…

Stelrad Group plc, the Newcastle-based radiator firm, said its revenue fell 8.9% to £143.1 million in the six months to June 30, 2024, “due to…

Marshalls plc, the Elland, West Yorkshire-based stone and landscaping firm, reported a sharp drop in half-year sales and profit as it suffered from a lacklustre…

Leeds Bradford Airport has laid out plans for a massive expansion with £200 million of direct private capital investment over the next five years.  The…

Leeds-based supermarket giant Asda reported a 2.2% decline in total second-quarter revenue, excluding fuel, to £5.3 billion, with like-for-like sales down 5.3%. Total George-branded clothing…

Greater Manchester-based Revolution Bars Group plc said the restructuring of its main subsidiary received High Court approval and it expected to report a full-year profit,…

Newcastle-based housebuilder Bellway plc said annual revenue dropped sharply, completing fewer homes for lower average selling prices as the UK housing market struggled.  The company…

A new UK government office development in Darlington — which will be home to 1,400 civil servants from across a number of departments — has been given…

The UK Takeover Panel has extended the deadline for the £720 million all-share takeover proposal by Newcastle-based housebuilder Bellway plc for Crest Nicholson to August 20, the…

Sheffield-based British Business Bank, the UK’s economic development bank, said it committed a record £2.3 billion in smaller business finance to the market in 2023-24 —…

Altrincham-based healthcare real estate investment trust (REIT) Assura plc said it agreed with Canada’s Northwest Healthcare Properties to acquire its UK private hospital portfolio comprising…

York-based house building giant Persimmon plc reported higher revenue for the first half of the financial year and forecast full-year completions at the top end…

The UK’s Financial Conduct Authority (FCA) said it will base a further 100 of its workforce in Leeds as it expands its footprint in the…

Turner & Townsend, the Leeds-based international infrastructure consultancy, said on Wednesday its overall turnover and net revenue for the 12 months to April 30, 2024, rose…

Ofwat, the water regulator for England and Wales, said it has proposed that three water companies will be fined a total of £168 million “for failing…

SIG plc, the Sheffield-based international building materials supplier, reported a 6.8% decline in like-for-like revenue to £1.317 billion in the six months to June 30, reflecting “prolonged…

Shares of Manchester-based pharmacogenetic testing compan Genedrive plc fell as much as 10% after it announced that CEO James Cheek has left the company “with immediate…