Revolution Bars shares plunge as sales fall short

Shares of Manchester-based Revolution Bars Group fell about 10% on Thursday after it warned in a trading update it has “experienced challenging and volatile trading conditions.” Revolution Bars said total…










Findel revenue up 4.8% to £479m

Hyde-based online retail and education firm Findel plc said its revenue rose 4.8% to £479 million and adjusted operating profit increased 15.4% to £36 million in the…




AO World shares up as revenue hits £797m

Shares of Bolton-based online electrical retailer AO World rose about 5% after it said its revenue for the year ended March 31, 2018, rose 13.6% to £796.8 million. AO…














Wakefield’s Team17 valued at £217m in IPO

Wakefield-based video game developer Team17 announced on Wednesday the admission of its ordinary shares to trading on the AIM market of the London Stock Exchange. “The fundraising, which…














SIG shareholders reject reappointment of Deloitte

Sheffield-based European building products distributor SIG plc suffered a huge shareholder revolt on Thursday when more than 75% of investors rejected the reappointment of Deloitte as SIG’s auditor…


Stobart Group revenue rises to £242m

Aviation, energy and rail firm Stobart Group said its revenue for the year ended February 28, 2018, rose to £242 million from £129.4 million the previous year and it…


Morrisons sales up amid merger frenzy

Shares of Bradford-based supermarket group Morrisons rose about 3% on Thursday after it produced a positive quarterly trading update and became the subject of speculation on…


Provident shares up 8% on recovery plan news

Shares of embattled Bradford-based subprime lender Provident Financial rose about 8% on Wednesday after it said in a trading statement its recovery plan is on track and that…










Harworth grows land bank with £45m of deals

Rotherham-based real estate and brownfield regeneration firm Harworth Group plc announced the acquisition of four strategic sites across the North of England and the Midlands for…




Virgin Money mortgage balances up to £34bn

Shares of Edinburgh and Newcastle-based Virgin Money rose about 6% after it said in a first-quarter trading update that it reaffirmed its 2018 guidance on performance and…





Sainsbury confirms Asda merger talks

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…




Big investors vote against Persimmon CEO’s £75m

Aberdeen Standard Investments voted against the “enormous” remuneration packages for executives at York-based housebuilder Persimmon including a £75 million package for Persimmon CEO Jeff Fairburn at the…





CMA clears Co-op’s £137m deal to buy Nisa

The UK’s Competition and Markets Authority (CMA) has cleared the £137.5 million purchase of Scunthorpe-based Nisa Retail Limited by the Manchester-based Co-op following an investigation. “After closely examining all…



Drax starts £50m share buy-back programme

Selby, North Yorkshire-based power company Drax Group said on Friday it is commencing a £50 million share buy-back programme. J.P. Morgan Securities plc (JPMS plc) will…



Maven Capital to manage £27m North East fund

Private equity firm Maven Capital Partners said it has been appointed to manage the £27 million North East Development Capital Fund (NEDCF) which will provide equity, debt…