Northern Financial Review

Wakefield-based Bonmarché, the discount fashion retailer aimed at women over 50, on Friday delivered a trading update for the 52-week period ended March 31, 2018. “The…

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…

Shares of Clydesdale and Yorkshire Bank owner CYBG fell more than 5% after it said it expects to increase its provisions for legacy PPI costs as at…

Shares of Bury-based JD Sports Fashion rose more than 4% after it said its profit before tax increased 24% to £294.5 million on revenue that…

Shares of Newcastle-based software giant Sage Group fell more than 9% after it said in a trading update that first half organic revenue growth results “were below…

The North of England’s airports have come together to endorse Transport for the North’s draft Strategic Transport Plan which could deliver a £100 billion economic…

Warrington-based Eddie Stobart Logistics plc said it could drop the iconic Eddie Stobart brand name in the next few years. Eddie Stobart Logistics currently pays its…

Shares of Wakefield-based greeting cards retailer Card Factory rose about 5% after it said revenue rose 6% to £422.1 million in the year to January 31…

Warrington-based Eddie Stobart Logistics plc said its revenue rose 9.4% to £623.9 million in the year to November 30, 2017 — its first year as an AIM-listed company….

Troubled Crewe-based alcohol wholesaler Conviviality Plc — which owns Bargain Booze and Wine Rack — said on Monday that the business and assets of its retail…

Shares of Bolton-based online electrical retailer AO World rose roughly 10% after it said its revenue for the year to March 31 is expected to be about…

Manchester-based Co-op Group said it made 2017 profit before tax of £72 million following a loss of £132 million in 2016 that reflected the write down of…

Irish drinks firm C&C, whose brands include Bulmers, Magners and Tennent’s, said on Wednesday it bought the wholesale arm of troubled Crewe-based alcohol wholesaler and distributor Conviviality for a…

Leeds-based Filtronic said it has collaborated with Nokia to develop a massive MIMO (multiple input/multiple output) antenna. “The next generation, dual-band FDD-LTE antenna is designed to…

Grimsby-based Young’s Seafood Limited announced on Tuesday the signing of three contracts with Marks & Spencer which will see it supply M&S with chilled and frozen…

Shares of Manchester-based drug discovery company C4X Discovery Holdings plc (C4XD) soared 99% after it said it signed a licensing agreement worth up to $294 million with…

Troubled Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said on Thursday it intends to appoint administrators within 10 business days….

Leeds-based WYG, the AIM-listed project management consultancy, said it expects revenue and operating profit for the year, before separately disclosed items and share-based payments, to be in…

Leeds-based Tracsis plc, a provider of software and services for the traffic data and transportation industry, said its revenue increased 16% to £18.1 million and statutory pre-tax profit…

Troubled Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said late on Wednesday it failed to raise the £125 million it…

Warrington-based United Utilities, the UK’s largest listed water company, said in a trading statement its revenue is expected to be “slightly higher than last year” and underlying…

Leeds-based Pharmacy2U, the UK’s largest NHS online pharmacy, has secured a further £40 million investment to support the rapid growth of its online NHS repeat…

Manchester-based healthcare and industrial adhesives firm Scapa Group said it acquired BioMed Laboratories LLC of Dallas, Texas for up to $32 million. The purchase price comprises…

Manchester-based stem cell services firm WideCells Group said it signed a “landmark” deal to sell its stem cell insurance product CellPlan in Asia. WideCells Group said…

Shares of Sheffield-based clean fuel company ITM Power rose 8% after it said a consortium including ITM won £8.8 million in funding from the UK’s…

Lancashire County Council has submitted a bid for £100 million from the UK Government’s Housing Infrastructure Fund (HIF) Forward Fund that would go towards transport…

Bury-based JD Sports Fashion said it agreed to acquire US-based The Finish Line for roughly £400 million. Finish Line is one of the largest retailers…

Sheffield-based construction group Henry Boot plc said its 2017 revenue increased 33% to £408.5 million and profit before tax increased 40% to £55.4 million Proposed…

Manchester-based Edina, a provider for CHP, gas and diesel power generation, has been bought by EPAL, a joint venture between India’s EESL (Energy Efficiency Services Ltd)…

Troubled Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said late on Wednesday it will meet institutional investors in the coming…

Bradford-based window and door company Safestyle UK said its 2017 revenue slipped 0.5% to £158.6 million and profit before tax fell 28.5% to £13.8 million — and…

Shares of Newcastle-based utility cost consultancy Utilitywise fell more than 12% after its delayed final results for the year ending July 31, 2017, showed an adjusted loss before…

Aviation, energy and rail firm Stobart Group announced that it is not, after all, intending to make an offer for Flybe Group plc. Shares of Flybe Group fell…

Doncaster Sheffield Airport has launched its ambitious “Vision and Masterplan” outlining its expected growth over the next 20 years. “The Vision” would see the creation…

Sunderland-based furniture and floorings retailer ScS Group said its revenue rose 1.8% to £160.7 million and gross profit increased £2.4 million to £75.3 million in the 26 weeks ended…

Castleford, West Yorkshire-based Premier Technical Services Group plc (PTSG), the niche specialist services provider, said its revenue rose 35% to £52.9 million in the year ended December…

A new report has revealed the scale of urban transformation in big Northern and Midlands cities in recent decades — showing that the number of…

Shares of Newcastle-based house builder Bellway rose more than 3% on Tuesday after it said its pre-tax profits climbed 16.6% to £288.7 million for the…

French tyre maker Michelin said late on Monday it agreed to buy Hull-based engineering company Fenner for £1.2 billion. The deal for 610p in cash…

Troubled Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said on Monday its CEO Diana Hunter is stepping down with immediate…

Shares of Blackburn-based tissue maker Accrol Group plunged more than 63% after it said its profit outlook for the current financial year is expected to be…

Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — said on Friday it is in talks with its advisers and broker…

Leeds-based credit card, identity and mobile phone protection firm CPP Group said its group revenue from continuing operations increased 24% to £91.4 million in 2017, the…

York-based housebuilder Persimmon — still under shareholder fire for excessive executive compensation — said corporate veteran Roger Devlin will join Persimmon as chairman from June 1, 2018.   Last…

Shares of Manchester-based soaps and consumer products company PZ Cussons fell at least 15% after it said in a trading update that profit for the year to May…

Elland, West Yorkshire-based landscaping products company Marshalls plc said its 2017 revenue rose 8% to £430.2 million and profit before tax was up 13% to £52.1 million. Marshalls’ board is…

Shares of Winsford, Chesire-based wound care firm Advanced Medical Solutions Group (AMS) rose 4% after it said its 2017 revenue rose 16% to £96.9 million and profit…

Shares of Leeds-based healthcare software and IT firm EMIS Group rose about 11% after it said its 2017 revenue edged 1% higher to £160.4 million but adjusted operating profit…

Prudential plc announced its intention to demerge its UK & Europe business M&G Prudential from Prudential plc, resulting in two separately-listed companies “with different investment…

Bradford-based supermarket group Morrisons said its revenue rose 5.8% to £17.3 billion in the 53 weeks to February 4 and its reported profit before tax rose 16.9%…

Shares of Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — were temporarily suspended on Wednesday as it announced that a…

Manchester-based Co-operative Bank said on Wednesday it made a loss before tax of £174.4 million in 2017 compared to a loss before tax of £477.1…

Manchester-based investment platform AJ Bell said it appointed Numis Securities to explore an initial public offering (IPO) of AJ Bell on the main market of…

Shares of Sheffield-based European building products distributor SIG plc fell about 9% on Friday after it said it made a statutory loss before tax of £51.2 million…

Shares of Crewe-based alcohol wholesaler and distributor Conviviality Plc — which owns Bargain Booze and Wine Rack — plummeted 60% on Thursday after it warned in a trading…

The UK supermarket regulator has launched an investigation into the Manchester-based Co-op Group over its treatment of suppliers. The Co-op said it had “fallen short” and…

Shares of aviation, energy and rail firm Stobart Group rose about 3% after it said in a trading statement it enjoyed a 25% increase in passengers at its…

The English Cities Fund – a development company set up by Homes England, Legal & General and Muse Developments – announced it will double its…

Macclesfield-based engineering and thermal processing giant Bodycote said its 2017 revenue grew 14.9% to £690.2 million and its headline operating profit rose 24% to £123.9 million Full…

The UK’s gross pension liability across workplace and state provision grew by £1 trillion in five years to hit £7.6 trillion at the end of 2015,…

Durham-based Atom bank, the UK’s first bank designed exclusively for mobile technology, said it raised £149 million in a financing round led by cornerstone investors…

Manchester-based Lookers plc, the UK’s biggest car dealership, said its turnover rose 15% to £4.7 billion in 2017 and adjusted profit before tax rose 5% to £68.4 million…

The UK’s Financial Conduct Authority (FCA) said it has banned the former chairman of Manchester-based Co-operative Bank plc Paul Flowers from the financial services industry….

The UK’s Transport Secretary Chris Grayling announced he expects a £3 billion programme of upgrades to the Transpennine route to begin from spring 2019. Speaking…

Siemens said it signed a long term agreement for lease of land in Goole, East Riding of Yorkshire, with plans to establish a new state-of-the-art…

York-based Gear4music, the online retailer of musical instruments and equipment, said in a trading update for the 12 months to February 28, 2018, that its revenues rose 43% to…

Shares of Manchester-based Revolution Bars Group plc fell about 6% after it said it made an operating loss of £3.7 million for the 26 weeks ended December 30, 2017, despite sales…

Shares of Manchester-based European debt management firm Arrow Global Group rose 13% on Thursday after it announced two proposed acquisitions in Italy and said its…

Merseyside-based Vimto and soft drinks firm Nichols plc recommended a healthy increase in its final dividend as it announced its 2017 revenue rose 13.2% to £132.8 million. Profit…