Connells Group pre-tax profits rise, helped by £17m ZPG shares sale

first_imgAgent giant Connells Group has today reported a strong performance for 2016 including pre-tax profits of £73.4 million, an increase of 17.4% on the year before. This includes £17 million gained from selling some of its shares in ZPG Plc last year.Until then Connells Group had been one of ZPG’s top ten major shareholders with 16.73 million shares held, a million less than Countrywide – the two were part of a trio of agents including LSL to sign strategic partnerships with what was then just Zoopla in 2010.But Connells Group is doing well even with the ZPG windfall taken out. The group, which includes Connells and William H Brown, Barnard Marcus and Peter Alan, says it sold 8% more properties last year, 5% more new homes, generated 44% more income from its land division and 19% more cash via its new homes team.Other indicators twitching wildly include those at its mortgage arranging business where income rose 18% based on a lending total of £8.2 billion and 10% more mortgages arranged.There were also rises in income for its conveyancing and survey and valuation businesses.“All parts of the business delivered a strong performance and, considered alongside the disruption caused by Brexit and other market challenges, makes our results even more remarkable,” says David Livesey, the group’s chief executive (pictured, left)“Our financial strength and continuous improvements means we are well poised for another year where we look forward to building on our already impressive achievements.”Last year Connells added 56 sales branches and 31 lettings businesses which included 15 businesses and lettings portfolios including Rook Matthews Sayer, Porter Glenny, Paul Dubberley and Touchstone Residential Lettings.2016 results connells Connells group March 1, 2017Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Agencies & People » Connells Group pre-tax profits rise, helped by £17m ZPG shares sale previous nextAgencies & PeopleConnells Group pre-tax profits rise, helped by £17m ZPG shares saleNigel Lewis1st March 201701,161 Viewslast_img read more


first_imgIS IT TRUE when a business are having major budget shortfalls they make serious budget cuts?  …our City Council are experiencing major budget shortfalls challenges so they just give themselves a raise?IS IT TRUE that 3rd Ward City Councilwoman Anna Hargis CPA recently contacted former City Councilman John Friend CPA to ask him to explain to her about a few item concerning the proposed 2017 budget?  …they talked about 30 minutes?  …we wonder why Ms. Hargis hasn’t contacted Mr. Friend since then?IS IT TRUE at last nights City Council meeting we thought we heard Finance Chairman Dan McGinn  state that the budget problems were caused by the spending practices over the last 12 years?  …we wonder what former Mayor Winezapfel thinks about Mr. McGinn’s alleged remarks?IS IT TRUE people are telling us every time Governor Pence goes out of State the Holcomb and Crouch ticket takes a 1 to 2 point lead?  …we hear that political insiders are hoping that during the next 50 plus days the Trump campaign will require Pence to campaign in other States?IS IT TRUE we are hearing that the voters want to hear what Holcomb -Crouch political platform is all about?  …we already know what Governor Pence is all about?  …it’s time for Holcomb and Crouch take control of their campaign for the next 50 plus day if they expected to be elected?IS IT TRUE we are hearing that the political message of U S Senatorial candidate Todd Young is getting the attention of the independents thinking voters?  …Representative Young political ads make reference to his military background and his opponent being a well paid lobbyist for the last several years are really getting the attention of the independent thinking voters?  …we predict that Mr.Young campaign has all the markings of a major political upset?IS IT TRUE one of  last week our non-scientific but trendy “READERS POLL” question was “Who would you vote for If the election was held today for District 77 State Representative seat?” …197 CCO readers voted in  this  poll? …the results were:  Johnny Kincaid -98, Ryan Hatfield-80 and Don’t Know was 19?   …it looks like Ryan Hatfield, Candidate for State Representative District 77 endorsements from the Indiana State Teachers Association, Indiana Fraternal Order of Police, and the Indiana AFL-CIO meant very little to the CCO readers?IS IT TRUE the results of another non-scientific but trendy “Readers Poll” concerning District 1 County Commissioner race are as follows: Sean Selby (R)-139,  Ben Shoulders (D)-121 and 45 Don’t Know At This Time….it looks like we have a political barn burner in the making?IS IT TRUE we hear that the last two (2) Vanderburgh County Republican party Saturday breakfasts meetings  have been cancelled because of lack of interest?  … were told by a couple of political workers for candidates for Vanderburgh County offices that they boycotted these events because of the way the Mayor and his party Chairman are quietly supporting their Democratic opponents?IS IT TRUE that last week CCO poster Joe Wallace said:  “I even have no problem with Hillary having the nuclear codes. She would forget them in a week and eliminate the threat of nuclear war.”?  …this was one funny post?IS IT TRUE since Mark Owen give up the reins of being party Chairman of the Vanderburgh County Democratic party has only won a very few County elections?  …like Mr Owen or not we think history has proven that he has done one heck of a job as a Chairman of the Democratic party because during his tenure he only lost very few elections and always kept a good sum of money in the political party war chest?IS IT TRUE that the current Democratic party Chairman Rob Faulkner has a reputation of doing very little to help his party candidates? …if you don’t believe this statement please ask former Mayoral candidate Gail Riecken?EDITOR FOOTNOTE:  The next “IS IT TRUE” will be posted on this coming Friday.Todays READERS POLL question is:  WHO WOULD YOU VOTE FOR IF THE ELECTION WAS HELD TODAY FOR DISTRICT #3 VANDERBURGH COUNTY COMMISSIONER?Please take time and read our newest feature articles entitled “BIRTHDAYS, HOT JOBS” and “LOCAL SPORTS” posted in our sections.If you would like to advertise in the CCO please contact us City-County [email protected] LinkEmailSharelast_img read more

Two-Day Summer Book Sale Friday 6/22 and Saturday 6/23

first_imgThe Friends and Volunteers of the Ocean City Free Public Library announce the June Two-Day Book Sale to be held in the Atrium of the Ocean City Free Public Library, 1735 Simpson Avenue, Ocean City, NJ on Friday, June 22d from 2:00 pm to 7:00 pm,  and Saturday, June 23rd , from 10:00 am to 2:00 pm. For more information, go to Great opportunity to stock up on beach reads, cd’s and more!Download (PDF, 389KB)last_img

Tribute to a lady of great character

first_imgGwen Clark, who died on 15 October 2007, aged 91, was one of the great characters of the old London Region of the National Association of Master Bakers (NA), writes Tony Cavan. She helped to run Clark’s Bakery in Ealing until the death of her husband, Leslie, in 1972. She continued to support the London Ladies Section for many years and organised its Summer Dinners at the Bell House Hotel, Beaconsfield, which raised generous contributions for trade charities.Clark was national president of the NA Ladies in 1992-1993. She was the life and soul of many a party, especially the fancy dress events at the NA conferences. She will be sorely missed by her sons, Chris and Andy, and their families and her many friends in the NA. Her funeral took place on 26 October.last_img read more

Lessons in Love & Showbiz from Martin Short

first_img 4. Listen to Andrea Martin This is generally sage advice for pretty much anyone. The night after their first date, Short invited Dolman to a cast party. Andrea Martin was there and cornered Short, asking, “When did you start having sex with Nancy Dolman?” Short remembers her adamantly convincing him, “You two have the intimacy of a couple. I can see it! You’re having sex!” Tony winner Martin Short will release a new memoir, I Must Say: My Life As a Humble Comedy Legend on November 4. The stage and screen funnyman has adapted the book for Vanity Fair, and we now know all sorts about relationships and making it in show business. Before leading Martin Short: Fame Becomes Me, before winning a Tony for Little Me and before making his Broadway debut in The Goodbye Girl, Short gave himself one year following graduating from college to pursue life as a performer. And it paid off. Here’s what we learned from Short’s early career! View Comments 1. You have to start small Real small. Like, fit in a purse small. Short booked his first gig as a paid actor playing a talking credit card. “A woman opened her purse,” Short recalls, “and there I was, miniaturized, sitting on top of an oversize compact mirror.” How many Emmy nominations does your MasterCard have?! 3. Political cabarets are a major turn-on While in Godspell, a new actress joined the company as an understudy. It was the late Nancy Dolman, who Short would go on to marry a few years later. Nothing happened during the show, but almost a year after it closed, and following his breakup with Radner, he went out with Dolman. Well, he invited her to his performance of What’s a Nice Country Like You Doing in a State Like This?. “I can tell you that there’s no aphrodisiac more potent than Watergate-themed cabaret music,” Short says. “By night’s end, Nancy and I were making out while pressed against my Volkswagen convertible in the theater’s parking lot. Boy, were we both easy.” 5. Don’t order Blazing Saddles If Andrea Martin tells you to have sex, just go ahead and…do it. Upon leaving the party, Short and Dolman headed to a hotel to, presumably, do just that. As she was in the bathroom powdering her nose, Short did what any sane person would do at that time: ordered Blazing Saddles on the TV. “Nancy emerged from the bathroom, astonishingly beauteously naked,” Short remembers. “’This is a joke, right?’ she said. ‘Are you serious?’” To which he artfully replied, “I can’t tell you how quickly I’m gonna turn this off!” 2. Never sing a song from the show… …unless you’re Victor Garber. The two met at auditions for the Toronto production of Godspell. Amidst a slew of 20-somethings, Short went retro and sang a Frank Sinatra rendition of “My Funny Valentine” for composer Stephen Schwartz. Garber was the only one of the bunch who had the guts to sing a song from the show: “Save the People.” Both were cast, alongside Andrea Martin, college buddy Eugene Levy, and Short’s first showmance, the late Saturday Night Live star Gilda Radner.last_img read more

Besio Appointed Director of the Office of Vermont Health Access

first_imgWaterbury, VT (November 21, 2008) – Secretary of Human Services Rob Hofmann Announces the Appointment of Susan W. Besio, Ph.D., as Director of the Office of Vermont Health Access.Newly appointed Secretary of Human Services Robert D. Hofmann announced today the appointment of Susan W. Besio, Ph.D., as the new Director of the Office of Vermont Health Access (OVHA), effective December 8, 2008. She replaces Joshua Slen, Director at OVHA since August 2003, who is leaving state government.Secretary Hofmann stated, “We thank Joshua for his dedicated service and commitment to the health care of our most vulnerable Vermonters, and his role in bringing our Medicaid program to the national stage. I am also delighted that Susan will be returning to the Agency of Human Services in this very critical role. She is a very hard worker and a quick study; her extensive knowledge of the health care system, strong relationship with the legislature, and operational experience in state government make her the ideal candidate to take on this important challenge at this time.”Dr. Besio, who currently serves as Director of Health Care Reform Implementation under the Agency of Administration, will continue to serve as the single point of accountability for all state health care operations in her new role.Governor Douglas stated, “Susan has proven herself time and again to be a versatile and highly capable health care leader in my administration, and I am very pleased that she has accepted this latest challenge at such a critical juncture. Her portfolio of work on health care reform will move with her to her new position at OVHA, and will complement the essential work on Medicaid reform that needs to be fostered and supported here in Vermont and on a national level.”Prior to joining the Agency of Administration, Dr. Besio served as Commissioner of the former Department of Developmental and Mental Health Services, and then Director of Operations and Planning for the Agency of Human Services. She was responsible for the development of Vermonts first comprehensive five-year mental health plan in the early 1980’s, the Vermont Agency of Human Services 2005 and 2006 Strategic Plans, and was a primary architect of the Douglas administration’s Global Commitment to Health Medicaid 1115a demonstration waiver. Dr. Besio holds a B.A. in Psychology from Emory University in Atlanta GA, an M.A. in Experimental Psychology from San Diego State University, and a Ph.D. in Experimental Psychology from the University of Vermont.###last_img read more

Dig the Classics

first_imgAfter a couple of months with an aggressive travel schedule, I’m in the midst of a long stint at home, which means I actually got to ride Bent Creek, Asheville’s de-facto Central Park. Bent Creek is loaded with classic Eastern singletrack—old fire roads converted into skinny trails snaking up and down mountain slopes. There’s some good fall line stints, lots of contouring trails, some decent, rooty gnar…it’s Pisgah lite. And it’s probably been six months since the last time I got to ride there. I spend a lot of time riding new trail systems all over the country, but it’s easy to forget how good I have it at home. Bent Creek is baller. I love that place.Ditto for beer. I’m always on the look out for the next great IPA or stout, and I spend a lot of brain cells working my through bottle after bottle of new brews. I know, it’s a tough job… And yet riding the classic trails of Bent Creek recently put me in the mood for some classic craft beers. The South’s craft beer scene is booming—both North Carolina and Virginia have more than 100 breweries each, and Georgia is catching up after the state changed some stupid distribution laws. With all of these new breweries popping up, it can be easy to lose sight of the beers that paved the way for all of this craft beer hysteria. So, I’ve decided to take a trip down memory lane and gush over the three beers that turned me into a craft beer lover.New Belgium Fat Tire When I lived in Boulder 15 or so years ago, I hated craft beer. I was a die hard Keystone Light fan. Or Coors Light. Or anything that I could get for $6 a 12 pack. And then Fat Tire came into my life, with its malty, easy drinking goodness, and my eyes were opened, like a Born Again Christian coming out of the baptismal water. I think a lot of craft beer lovers have a similar story. Fat Tire is the gateway beer for Americans of a certain age. For decades, you couldn’t get this beer east of the Mississippi, and now, New Belgium is building a brewery a couple miles from my house. That’s progress people. Oskar Blues Dale’s Pale AleAfter dipping my toe into the craft beer world with Fat Tire, I stuck mostly to the malty, amber side of things. I loved sweet porters. But anything with a bitter bite? Hell no. I couldn’t understand why everyone loved IPAs; Even Sierra Nevada Pale Ale turned me off. Then an editor at BRO gave me a Dale’s in the can after a long day in the woods, and my world was rocked. A pale ale that was creamy, balanced and hoppy as hell? And I like it? Word.Highland Brewing Gaelic Ale This was the beer that made me realize the “little guy” could make a beer as good as the big boy craft breweries. Highland’s Gaelic has probably played the gateway beer role for many a Southern drinker over the last 20 years. It’s malty, but still light enough and easy as hell to drink. It was my go-to beer after moving here 11 years ago, kind of like the Bent Creek was my go-to trail system. I’m not gonna lie, I can’t remember the last time I picked up a six pack of Gaelic, but every time I have one at a party or in a bar, I always wonder why it’s been so long between bottles. Kind of like when I get to ride Bent Creek.last_img read more

How to avoid frugality that turns costly

first_imgWhile saving money is almost always a good thing, there are a few circumstances where frugality can end up costing you money. In the following 10 circumstances​, thrifty ambitions can actually end up backfiring – and hurting you financially. ​1. Buying used baby products. When it comes to cribs, car seats and high chairs, it’s safer to spend more than buy the cheapest items you can find. Although baby products are heavily regulated by the U.S. Consumer Product Safety Commission, recalls often occur and the standards on what is considered safe change. The high chair you found at a garage sale or thrift store may look sturdy, but for all you know, it was recalled three years ago because the screws sometimes come loose. Not only could you end up endangering your child, but you might have to buy a replacement.2. Skimping on footwear. Cheap and uncomfortable shoes not only hurt, but they can lead to blisters and calluses. You want to find a good fit with a high quality shoe to avoid future trips to the podiatrist’s office. Cheap shoes also tend to fall apart more quickly. Save yourself money, and buy a quality pair the first time. continue reading » 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

ECB preps regulation, consultation on pension fund data

first_imgAccording to the ECB, the idea behind the regulation was to help plug a “data gap” that makes it difficult to build “a comprehensive understanding of cash flows and the risks associated with pension obligations”.It argued that more data would increase transparency about pension funds’ activities, making it easier “to check if they are fulfilling their promises to citizens”.Other benefits, the ECB said, were that more public data could improve comparability and disclosure of pension funds’ obligations, and pave the way for new research on topics such as the impact of pension funds on the economy.Information potentially of interest to the ECB includes data on pension funds’ “outstanding amounts” and transactions broken down by country, economic sector, maturity, the type of pension plan, and detailed security-by-security reporting.The German regulator announced the ECB’s plans last year, but this week’s news could trigger fresh concerns about the introduction of a standardised risk assessment previously recommended by EIOPA (its “common framework”) and, ultimately, the Holistic Balance Sheet.EIOPA is keen to explore further the potential impact pension funds may have on financial stability.The ECB’s former president, Jean-Claude Trichet, has previously described pension funds as having “the potential to significantly disrupt the smooth functioning of the financial system” and playing “a key role for the provision of future income for households”.The new regulation would enhance the volume and quality of available data for studying the macro-financial effect of pension funds, according to the ECB. New ‘short-term approach’ statsThe ECB already collects data on pension funds, but this is done under a “short-term approach” that relies on existing data sources, mostly supervisory authorities, rather than requiring pension funds themselves to report data directly.On Tuesday it released new statistics on pension fund and insurance company assets and liabilities. They show the sectors separately and in more detail, with the ECB saying they result from “enhanced data collecting frameworks”.The ECB is planning to add more granular data in 2017, and publish information on a “more timely” basis than before.It said the new statistics replaced non-harmonised euro area pension fund statistics that it previously published.The statistics can be found here. The European Central Bank (ECB) wants pension funds to report harmonised data to it in a bid to gain better insight into the sector’s potential macro-financial impact.According to information from the ECB, it is planning to launch a public consultation on regulations sometime this summer, and to adopt the regulation towards the end of the year.The harmonised statistical reporting required by the regulation would start in early 2019.The pending regulation will be based on a proposal developed by a task force led by the Deutsche Bundesbank and including members from national central banks, the OECD, and the European Insurance and Occupational Pensions Authority (EIOPA), among other institutions.last_img read more

Algeria Says 102 Extremists ‘Neutralized’ So Far This Year

first_imgMore than 100 armed Islamists have been killed, captured or have repented in Algeria in the first half of this year, the defense ministry said Tuesday. A statement, carried by national news agency APS, did not give a breakdown of the 102 Islamists it said were no longer battling Algerian security forces.Large quantities of arms and ammunition, including automatic weapons, rocket-propelled grenades and almost 1 300 explosive devices were seized in security sweeps between January and June, it said.Islamist-linked violence rocked Algeria in the 1990s but has since waned, although armed groups remain active in central and eastern Algeria where they mount attacks on security forces. The army says more than 100 Islamists were killed last year.last_img read more