Northern Financial Review

York-based Gear4music, the online retailer of musical instruments and equipment,  announced on Tuesday a new long-term management incentive plan “to incentivise senior employees in a manner…

Bolton-based online electrical retailer AO World plc said on Friday it agreed to acquire Mobile Phones Direct Limited for about £32.5 million in cash and shares….

Blackburn-based petrol station and convenience store giant EG Group on Friday announced huge expansion plans in Australia by agreeing to buy Woolworths Group’s 540 site network (Woolworths Petrol)…

Japan’s Toshiba Corp said on Thursday it would cancel the £10 billion Moorside nuclear plant on the Cumbria coast after failing to find an investment partner…

Manchester-based investment platform AJ Bell on Thursday notified the London Stock Exchange of its “potential intention” to float its shares as it unveiled full year…

York-based housebuilder Persimmon said its chief executive Jeff Fairburn is to leave the company because criticism of his £76 million bonus package was a continuing distraction that had…

Manchester-based Co-operative Bank plc on Tuesday announced an update on its trading performance so far in 2018 as the self-styled “ethical bank” continues to recover from…

Bradford-based supermarket group Morrisons said on Tuesday group like-for-like sales excluding fuel were up 5.6% for the 13 weeks to November 4. “As expected, retail LFL sales growth eased…

Newcastle-based software giant Sage Group, the UK’s largest listed tech company, said on Friday it appointed Steve Hare to the role of chief executive officer…

Carlisle-based aviation, energy and transport firm Stobart Group said on Thursday its Stobart Air business has secured an agreement to provide new aircraft, crew, maintenance, and insurance (ACMI)…

Embattled Bradford-based subprime lender Provident Financial said Chris Sweeney, managing director of its Vanquis Bank business, will step down from his role immediately. Sweeney will…

Channel 4 confirmed on Wednesday that Leeds will be the location of its new National HQ and that Bristol and Glasgow will be the locations…

Deloitte’s latest North West Share Index shows the the value of the 65 listed companies in the North West slipped by almost £200 million to…

Vodafone said it has become the first company in the UK to carry full 5G over a commercial network. Live mobile data traffic is now…

Boeing on Thursday opened its new fabrication factory in Sheffield — the company’s first manufacturing site in Europe — to make “actuation system” components for…

Carlisle-based aviation, energy and transport firm Stobart Group — which has been consumed by a lengthy boardroom battle — said on Wednesday it made a loss after taxation of…

British Business Investments (BBI), the commercial subsidiary of Sheffield-based British Business Bank plc, the UK’s national economic development bank, has published its annual accounts for…

Liverpool-based B&M European Value Retail said its subsidiary EV Retail Limited acquired Paminvest SAS, a discount retailer operating under the trading name Babou in France…

Shopping center owner Intu Properties plc said on Friday it was considering a 215p per share preliminary takeover offer from a consortium led by its deputy…

Amazon has announced plans to open a new corporate office in Manchester in 2019 and increase the capacity of its Scotland Development Centre and Cambridge…

Manchester giant Peel Land and Property (Peel L&P) announced it has appointed Phil Wilson as chief executive of what will be its new housebuilding division,…

Swedish real estate group Pandox AB and the Fattal Hotel Group have acquired the prestigious Midland Manchester hotel for about £115 million. Pandox will take over…

Shares of York-based Gear4music, the online retailer of musical instruments and equipment, rose about 8% on Tuesday after it said its revenue rose 36% to £42.5 million…

Rotherham-based fishing tackle retailer Fishing Republic said on Tuesday its shares have been suspended on AIM “at the company’s request pending clarification of its financial…

Troubled Rochdale-based fashion retailer Footasylum said on Tuesday its revenue rose 19% to £98.6 million in the half year to August 25 but it made an adjusted…

Newcastle-based house building giant Bellway said its profit before tax rose 14.3% to £641.1 million and revenue increased 15.6% to £2.96 billion in the year ended July…

Selby, North Yorkshire-based power company Drax said it agreed to acquire Scottish Power’s portfolio of pumped storage, hydro and gas-fired generation for £702 million in…

Wakefield-based greeting cards retailer Card Factory said on Monday that Geoff Cooper will retire as chairman following its next scheduled board meeting on October 18…

Caledonia Investments plc said on Monday it acquired a majority stake in Hunmanby, North Yorkshire-based Deep Sea Electronics Ltd in a transaction that values the business…

The Manchester office of Leeds-based Endless, the mid-market private equity investor, has completed the acquisition of Europe’s largest golf retailer, American Golf. The deal includes…

The North West of England has seen a construction boom over the last year, according to new figures. According to the Office of National Statistics,…

Shares of Manchester-based fashion retailer N Brown Group fell more than 20% on Thursday after it said its first-half revenue rose 1% to £457.8 million but that…

Johnston Press — the debt-laden owner of The Yorkshire Post, The Scotsman, the i newspaper and about 200 local newspapers and websites — said on Thursday it has…

Shares of Greggs, the Newcastle-based bakery and “food-on-the-go” retailer, rose about 5% after it said its sales rose 7.3% in the 13 weeks to September…

Merseyside-based shipyard and engineering company Cammell Laird said it won two 10-year contracts worth an estimated £619 million to support the Royal Fleet Auxiliary (RFA)….

Manchester-based commercial property company Bruntwood and Legal & General Capital said they established a landmark 50:50 partnership to create the UK’s largest property platform dedicated…

A consortium including North of England billionaire John Whittaker, Canada’s Brookfield Asset Management and Saudi Arabia’s Olayan Group is considering a bid for Intu Properties, the shopping center…

Doncaster-based DFS Furniture said its revenue rose 14.1% to £870.5 million in the year to July 28 but reported profit before tax slumped 48.5% to £25.8 million amid…

Manchester Airports Group (MAG) on Wednesday confirmed that it intends to participate in the tender process for the concession to operate Sofia Airport in Bulgaria….

Manchester-based Revolution Bars Group said on Tuesday its revenue rose 8.7% to £141.9m in the year to June 30, 2018, but it made an operating loss of £3…

Sunderland-based furniture and floorings retailer ScS Group said its revenue rose 1.3% to £337.3 million and profit before tax rose 10.5% to £13.2 million in the 52 weeks ended…

Warrington-based healthcare real estate investment trust (REIT) Assura plc on Monday issued a trading update for the first half of the year to September 30,…

UK Asset Resolution Limited (UKAR), the holding company for Bradford & Bingley plc (B&B) and Northern Rock (NRAM), said it concluded a competitive sales process…

Shares of Wakefield-based Bonmarché, the discount fashion retailer aimed at women over 50, fell about 20% on Thursday after it said sales in its stores “have…

Manchester-based online fashion giant Boohoo.com plc said on Wednesday its revenue soared 50% to £395.3 million and profit before tax rose 22% to £24.7 million…

Manchester United on Tuesday announced financial results for its 2018 fiscal fourth quarter and for the 12 months ended June 30, 2018. The company said…

Wakefield-based greeting cards retailer Card Factory said on Tuesday its revenue rose 3.2% to £185.3 million but underlying profit before tax fell 13.9% to £22.7 million for…

North Yorkshire-based power company Drax Group is in talks to buy a number of ScottishPower assets as it continues to diversify away from coal-burning generation. Drax said…

The UK’s Competition and Markets Authority (CMA) said on Wednesday the proposed merger of J Sainsbury and Asda Group is being referred for an in-depth Phase…

Sheffield-based affordable housebuilder MJ Gleeson plc said on Monday group profit before tax increased 12.1% to £37 million on revenue up 23% to £196.7 million in the…

Manchester-based online fashion giant Boohoo.com plc said on Monday that John Lyttle will join Boohoo.com as chief executive with effect from March 15, 2019, with a…

Manchester-based online beauty firm The Hut Group (THG) said on Monday it agreed a deal to develop 1 million square feet of office and studio space near…

Manchester-based Co-op Group said its first-half sales increased 10% to £5 billion, driven by a strong food sales performance and the acquisition of Nisa. Group…

Manchester City Football Club on Thursday released its annual report for 2017-18, announcing revenues of more than £500 million for the first time in its…

Manchester-headquartered international law firm DWF on Thursday announced its full year results for the year ended April 30, 2018, with its revenue increasing 18% to…

Bradford-based supermarket group Morrisons said on Thursday its first-half revenue rose 4.5% to £8.8 billion and underlying profit before tax rose 9% to £193 million. Morrisons CEO…

Manchester-based fashion retailer N Brown Group — whose brands include JD Williams, Simply Be and Jacamo — said on Wednesday that its CEO Angela Spindler will leave…

Bury-based JD Sports Fashion said on Tuesday its revenue rose 35% to £1.8 billion and profit before tax increased 19% to £121.9 million in the 26 weeks ended…

Shareholders of Clydesdale and Yorkshire Bank owner CYBG and shareholders of Virgin Money on Monday overwhelmingly approved the all-share deal for CYBG to take over its Newcastle-based…

The Lakes Distillery, the “English single malt” whisky distillery, announced it is exploring the possibility of seeking admission of its shares to trading on AIM,…

The world’s largest operational offshore wind farm, Walney Extension off the Cumbria coast, was officially opened on Thursday at a ceremony in Barrow. The 659MW…

Shares of Newcastle-based bus and rail firm Go-Ahead Group surged more than 10% on Thursday after it said its pre-tax profit rose 6.5% to £145.7 million…

Blackburn-based petrol station and convenience store giant EG Group announced on Tuesday a further expansion in the United States with the acquisition of 225 Minit Mart branded convenience retail stores and gas stations and related assets from TravelCenters of…

Flintshire-based house builder Redrow said on Tuesday its revenue rose 16% to a record £1.92 billion in the year to June 30 driven by higher legal completions and…

UPDATE 3 – TSB Bank Plc said on Tuesday that its CEO Paul Pester is leaving the company after months of pressure that followed a botched…

Manchester-based online beauty firm The Hut Group (THG) said on Monday it acquired beauty contract manufacturer and product developer Acheson & Acheson in a deal understood to be…

TSB — which is owned by Spain’s Banco Sabadell — said on Monday some of its customers are having problems using its internet banking facilities, its…

Shares of troubled Footasylum, the recently-floated Rochdale youth footwear and apparel retailer, fell another 50% on Monday after it said its revenue growth is now expected to…

Shares of Newcastle-based software giant Sage Group, the UK’s largest listed tech company, fell about 7% after it said its CEO Stephen Kelly will leave the company….

Warrington-based Eddie Stobart Logistics plc said on Thursday its revenue rose 25.3% to £359.3 million in the six months ended May 31, 2018. First-half profit was £1.4 million…