Purplebricks taking market share off traditional agents, it says

first_imgHome » News » Purplebricks taking market share off traditional agents, it says previous nextProducts & ServicesPurplebricks taking market share off traditional agents, it saysFinal accounts for 2016/17 reveal improving fortunes for company including first profits in UK.Nigel Lewis29th June 201701,895 Views Hybrid agent Purplebricks has published an upbeat summary of its most recent year of trading revealing increased revenue, number of Local Property Experts, market share, brand recognition and 2.5 million visits to its website every month.Purplebricks also says it sold property worth £5.8bn with a further £1.008 billion in the pipeline, and sells a property every nine minutes.The company also makes some punchy predictions for growth, and says it will double its turnover to £80m during 2017/18.But crucially for its high street competitors, the company claims its aggressive ‘commisery’ marketing campaigns have helped enlarge the total market share of all homes UK that are sold using hybrid and online-only agents like Purplebricks, although it doesn’t give any figures.This has come at a heavy price. At £14.4 million its marketing represents are half of its £24.2 million gross profits during 2016/17.More commisery?Purplebricks also says it is due to increase its advertising in the UK by £3.5 million during the next financial year.But despite the huge cost of TV advertising spend, Purplebricks’ UK operation squeaked in with its first operating profit at £0.2 million, although Australia lost £6.1 million and the US £100,000.“This has been a very successful year in the early development of the Purplebricks model and brand,” says Group Chief Executive Michael Bruce (pictured, left).“We have materially grown our national footprint and have built a growing brand awareness and reputation for delivering customers a more convenient, transparent and cost-effective service.”The company also says it is “winning share from the traditional agents” and that its conversion from instruction to sale is 83% while instruction per revenue is £1,035.Purplebricks also reveals in its results that it paid £3.5 million for Venmores, the Liverpool-based property management firm it acquired in April this year.  Purplebricks Michael Bruce June 29, 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 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Sajid Javid heads up the Department of Housing, Communities and Local Government.

first_imgHome » News » Sajid Javid heads up the Department of Housing, Communities and Local Government. previous nextSajid Javid heads up the Department of Housing, Communities and Local Government.Cabinet reshuffle appears to add a new responsibility for Housing to that of the Communities Secretary.Nigel Lewis8th January 201805,021 Views Housing has been put at the heart of the Department of Communities and Local Government (DCLG) after Sajid Javid was today given the title of Secretary of State for Housing, Communities and Local Government.Until now Sajid has been simply the Communities Secretary but, it is believed, PM Theresa May wants to raise housing up the political agenda and be seen to be doing something about the ongoing supply crisis. It’s not clear how his role will work with the new Housing Minister, Dominic Raab, and who will be responsible for what within the newly-named government department.The cabinet reshuffle comes at a perilous time for Sajid Javid – who must now steer the tenant fees ban through parliament following a debate on the subject this afternoon in Parliament.“We welcome the Prime Minister’s announcement today. Housing strategy should be at the forefront of the Government’s thinking,” says Richard Lambert, CEO at the National Landlords Association (NLA).“However, we hope that this works out to be more than just rebranding exercise, and that Mr Javid and his department will look to address the housing crisis by genuinely working across all tenures, not by fixating on building more homes.” Housing Minister Alok Sharma Sajid Javid Communities and Local Government DCLG January 8, 2018Nigel 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 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

USA: Seawolf-Class, Fast-Attack Submarine Returns Home After Arctic Exercise

first_imgBack to overview,Home naval-today USA: Seawolf-Class, Fast-Attack Submarine Returns Home After Arctic Exercise USA: Seawolf-Class, Fast-Attack Submarine Returns Home After Arctic Exercise View post tag: home View post tag: Navy View post tag: Returns View post tag: Seawolf-Class View post tag: Arctic View post tag: Naval View post tag: usa May 3, 2011 Seawolf-class, fast-attack submarine USS Connecticut (SSN 22) returned to its homeport of Naval Base Kitsap, Wash., April 27, concluding a 58-day deployment highlighted by its participation in Ice Exercise (ICEX) 2011. “We were excited to have the chance to practice and develop techniques while operating in a very challenging environment,” said Cmdr. Michael Varney, Connecticut’s commanding officer. “Out of 140 Sailors, only 11 of us had been to the Arctic, so this was a unique opportunity.”After departing Bremerton March 1, Connecticut proceeded north to a point more than 150 miles north of Prudhoe Bay, Alaska, where a tracking station and small ice station had been established.From March 15 to April 2, Connecticut and Virginia-class, fast-attack submarine USS New Hampshire (SSN 778) participated in ICEX, an exercise designed to increase the Navy’s operational experience in the region and advance understanding of the Arctic environment.During the exercise, crews from both submarines, along with British and Canadian sailors and researchers from the Navy’s Arctic Submarine Laboratory and the University of Washington’s Applied Physics Laboratory, tested new equipment and trained together to operate under the ice.Connecticut played a large part in testing new undersea technologies during ICEX, including high-frequency sonar for safe Arctic operations and the Raytheon Deep Siren acoustic communications system.“Science played a large part in our operations in the Arctic, especially how best to measure the environment we were in,” said Varney.The submarine also demonstrated the ability of the Seawolf-class to surface and submerge through the Arctic ice pack multiple times.Connecticut hosted Secretary of the Navy Ray Mabus and Congressional visitors, as well as several members of the media during the exercise.U.S. submarines must continue to train in the Arctic environment to refine and validate procedures and required equipment, as the Arctic Ocean serves as a route for submarines to transit between the Atlantic and Pacific Oceans. The U.S. Submarine Force conducts these exercises in the Arctic in order to ensure continued access to this unique region.Navy submarines have conducted under-ice operations in the Arctic regions in support of inter-fleet transit, training, cooperative allied engagements and operations for more than 50 years. USS Nautilus (SSN 571) made the first transit in 1958.Connecticut is the second of the Navy’s three Seawolf-class submarines, all of which are homeported in the Pacific Northwest.By Lt. Ed Early (navy)[mappress]Source: navy, May 3, 2011; View post tag: News by topic View post tag: Exercise View post tag: submarine View post tag: after View post tag: Fast-Attack Share this articlelast_img read more


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McColl’s to buy 298 Co-op stores

first_imgConvenience store and newsagent operator McColl’s has agreed to buy 298 stores from The Co-operative Group, in a deal worth £117m.The deal, which is subject to shareholder and regulatory approval, would see all 3,808 members of staff currently working in the 298 stores in question transfer to McColl’s on the same terms and conditions, so no job losses are anticipated.The 298 stores sold to McColl’s represent the smaller stores in The Co-op’s estate, with an average size of 1,700sq ft.Co-op Food chief executive Steve Murrells said: “This announcement is completely in line with our strategy, as these stores did not allow us to provide a sufficiently compelling own-brand offer for our members going forwards. The proceeds will be re-invested to drive sustainable growth for our members.”McColl’s chief executive Jonathan Miller said: “I am delighted to announce the acquisition of 298 quality convenience stores in a transformational deal for McColl’s. This opportunity substantially accelerates our growth strategy and expands our neighbourhood presence for the benefit of our customers.“These stores are profitable, well-invested, and the perfect size for our operating model. We expect the transaction to be significantly earnings enhancing for our shareholders.”McColl’s claims to rank third in the number of owned convenience stores in the UK. The company said it sells 50,000 sandwiches every week, 30,000 £1 loaves of bread every week and 100m units of confectionery every year.In April The Co-operative Group reported 3.3% underlying profit growth in food sales, up to £250m for the 52 weeks to 2 January 2016.last_img read more

Resolving conflict: Men vs. women

first_imgScouring YouTube and the video archive of several international sports federations, researchers found hundreds of videos of tennis, table tennis, badminton, and boxing matches, and focused their attention not on the matches, but on their immediate aftermath.“We watched carefully to see what happened after the match ended,” she said. “The requirement is that people touch after the match ends, but how do they touch? They can just touch hands quickly, or they can really shake hands or give a pat or even a hug.”Researchers watched hundreds of matches, taking care to ensure no player was repeated in any match, and found clear sex differences in all four sports.“Most people think of females as being less competitive, or more cooperative, so you might expect there would be more reconciliation between females,” Benenson said. “With their families, females are more cooperative than males, investing in children and other kin. With unrelated same-sex peers however, after conflicts, in males you see these very warm handshakes and embraces, even in boxing after they’ve almost killed each other.”So why is it that women seem less willing to reconcile following conflict?Part of the answer, Benenson and Wrangham believe, may be tied to traditional gender roles that stretch to earliest human history. Chimps and humans live in groups of both males and females, but while males cultivate large friendship networks, females focus more on family relationships and a handful of few close friends — partly, researchers believe, as a way to share the burden of raising children. The whole community gains when unrelated men successfully prevail against external groups. In contrast, women gain more from family members and one or two close friends who help with child care. It makes sense, in that light, that women would reconcile more with these individuals, and men with a larger number of unrelated same-sex peers.Ultimately, Benenson said, the implications of the study could reach far beyond the boundaries of the playing field.“What we’re talking about is women having a harder time when they have to compete with other women,” she said. “Studies have shown that when two females compete in the workplace, they feel much more damaged afterward. I think this is something human resources professionals should be aware of, so they can mitigate it.” Female academics less likely to cross rank in collaboration, study finds Hierarchical differences It’s not exactly front-page news that when it comes to conflict, men and women usually behave very differently. The way they resolve those conflicts also tends to differ.While men can be aggressive and combative, a new study shows that, from the tennis court to the boxing ring —modern equivalents of one-on-one conflict — men are more likely than women to make peace with their competitors after the competition ends.Using videos of four sports in 44 countries, Joyce Benenson, an associate of Harvard’s Human Evolutionary Biology Department and a professor of psychology at Emmanuel College, and Richard Wrangham, the Ruth B. Moore Professor of Human Evolutionary Biology, found that men are far more likely to engage in friendly physical contact — handshakes, back pats and even hugs — following competition than women are. The study is described in the journal Current Biology.Importantly, Benenson said, the study also lends credence to what researchers call the “male warrior hypothesis,” the notion that men broker good feelings after conflict to ensure they can call on allies to help defend the group in the future.“This finding feels very counterintuitive because we have social science and evolutionary biology models that tell us males are much more competitive and aggressive,” Benenson said.Though accurate, those models are incomplete, because they didn’t explain a curious behavior observed among male chimps.“Male chimps show tremendous aggression, even to the point of killing other males, but they also often reconcile immediately following a conflict,” she said. “They do that because, in addition to the battle to sire the most offspring, they also have to cooperate to defend their community in lethal intergroup conflicts. So the question is how do you get from these severely aggressive 1:1 dominance interactions to cooperating with your former opponents so you can preserve your entire community? We think post-conflict affiliation is the mechanism.”The quest to understand that mechanism has been a years-long search for Benenson.The study was sparked by questions of how men prevail against outside groups — whether in war or in symbolic battles like business deals — while still continually competing with others in their own group. Earlier studies had shown male chimps were more likely than females to try to put hard feelings to rest following a head-to-head conflict, spurring Benenson and Wrangham to wonder whether the same might be true among humans.To get at the question, they turned to a modern form of conflict: sports. Sports provide identical conflicts for males and females, so sex differences can be objectively examined. Relatedlast_img read more

Oppman, Lorenc check in on goals, evaluate progress thus far

first_imgWhen seniors Bailey Oppman and Lydia Lorenc officially took the wheel in their roles as president and vice president of Saint Mary’s Student Government Association (SGA) in August, they refused to let any roadblocks make them stop short of pursuing their goals.“It was a bit of an adjustment at first because we unknowingly found out during Welcome Week that our advisor was resigning,” Oppman said. “We had no idea. So we kind of got thrown into a situation where we’re planning Welcome Week, and we’re doing all these things for the [first years], and then we had no one really there backing us up or to ask questions to.”Relying on one another throughout this particular challenge, Lorenc said, strengthened the pair’s bond.“I think we have a good separation between friendship and SGA,” she said. “We get a lot of work done, but we also know how to have fun and relax. We’re in the same major and a lot of the same classes, so we are together a lot, but I think we also share a lot of the same morals and values and goals, so when it comes to getting things done, it’s really not hard to do.”The duo’s first achievement, Oppman said, was updating SGA’s policies — such as allocating more money to class council and providing board executives with larger stipends — to best serve the community.“We’ve been working really hard to make this year our own, so we started off the year by taking a look at some of the bylaws — just because they’ve been in place for so long, and they haven’t really been changed recently,” she said. “We messed with the numbers of our budget and re-allocated some of that money, so now that it’s more of a fair distribution, I think that’s going to allow groups on campus to plan more events for the student body.”Though the financial adjustments are new, the team also relies on already-established frameworks and initiatives to accomplish their goals. Lorenc said deciding whether or not to continue Monthly Mingle events — which last year’s McCarthy-Dingler administration initiated in an effort to openly address pertinent issues — was an easy choice. “I think they were probably more well-planned [this year] than they were last year because … last year they came up with the idea but didn’t really quite know how to carry it out,” she said. “This year, I think our [community justice] co-chairs are doing a really good job.”These gatherings, Oppman said, encourage students to speak up on relevant topics or occurrences, such as dating violence or stalking awareness, so peers can foster constructive dialogue and learn from one another. Instances of injustice and intolerance that students have encountered on campus — such as racist graffiti — may warrant more serious responses, she said. “I had lunch with [College] President [Jan] Cervelli a few weeks ago, and we talked about doing an open forum with her,” Oppman said. “We’re going to invite the student body, and she’s just going to answer questions, so it’ll be an open discussion. I think, in light of things like [racist graffiti], that will be really helpful because even though we’re planning on doing it next semester, I think it will still be relevant at that point in time.”Instances of bullying and exclusion, Oppman said, demand a swift response clarifying the College’s mission of promoting sisterhood while reinforcing the fact that hatred will not be accepted on campus.“As leaders, we need to take a clear stance that that isn’t okay,” she said. “ … If we make sure that our actions speak volumes to what we promote and what we believe, and if we think about that and the events that we’ve planned, if we’re very conscious about the message we’re sending to the student body, then I think we’ve accomplished that task.”Oppman said she and Lorenc also hope to inform students about how to appropriately react to injustices they may experience, as the duo aims to foster a safe and knowledgeable campus environment.“We hosted an event with [the Belles Against Violence Office], and it was all around catcalling, and if you’re harassed, what can you do, who can you reach out to if you need help, but also how to respond in those situations,” she said. “Maybe not everyone wants to ignore it. Maybe they do want to confront it, but how do you do that in a safe way? It’s a small way that we tried to promote how the girls on our campus can respond to harassment and things like that.”Lorenc said she and Oppman aim to make the College a more sustainable environment, even by less noticeable efforts such as eventually implementing hand-dryers in the student center. Oppman said significant progress has been made in looking to expand Munch Money to more local dining locations, though this goal has not yet been brought to fruition.“We’re hoping to make some more headway with that next semester,” she said. “The owner of Dunkin’ Donuts is the same owner of Jimmy John’s that we get our Munch Money from, so they’re familiar with the process.”Providing healthier on-campus food options, Oppman said, was a goal she and Lorenc stated on their platform that seems to have happened without much effort, since the College’s new Angela Athletic and Wellness Complex will offer nutritious post-workout snacks. She said improving the College and implementing practices or opportunities that benefit students has been rewarding beyond measure, so she was pleased that student government leaders from the tri-campus community were recognized for their hard work at a Notre Dame football game.“It was fun being there with the presidents and vice presidents of the other schools, because there’s this unity there,” she said. “You want to represent your school well, and you feel so proud because you worked so hard to get to where you are.” Though continuing initiatives of previous student leaders has proven effective for Oppman and Lorenc in terms of fostering dialogue, more urgent and original responses to crises such as sexual assault and racism are lacking. The pair’s emphasis on transparency and receptiveness to feedback, though, serves as evidence of its commitment to promoting an inclusive atmosphere, as does the headway it has made with its sustainability and dining proposals.Grade: BTags: 2017 student government, 2017 Student Government Insider, BAVO, munch money, Oppman-Lorenc, President Jan Cervelli, student government 2017, sustainability, Welcome Weeklast_img read more

Valenzuela Lays Out His Vision of Latin American Policy in the U.S. Senate

first_imgBy Dialogo July 09, 2009 Washington, July 8 (EFE).- University professor Arturo Valenzuela, nominated by President Barack Obama to lead the U.S. policy toward Latin America, will reveal today in the Senate his vision of what U.S. influence should be in this region, its challenges, and its opportunities. Obama nominated Valenzuela as the new Assistant Secretary of State for Western Hemisphere Affairs on May 12 to replace Thomas Shannon, who will become ambassador to Brazil if the Senate confirms him. On June 9 the White House sent Valenzuela’s nomination to the upper house, which begins confirmation hearings today, as required by U.S. law. If confirmed, Valenzuela will be responsible for implementing the new U.S. policy toward the region, based on the idea of seeking more cooperation and less confrontation, as Obama explained it at the fifth Summit of the Americas. Valenzuela, a Chilean-American, is the director of the Center for Latin American Studies at the Georgetown University School of Foreign Service. A specialist in Latin American politics and in U.S.-Latin American relations, as well as in the consolidation of democracy, Valenzuela was a professor of political science and director of the Council on Latin American Studies at Duke University prior to occupying his post at Georgetown. During former president Bill Clinton’s administration (1993-2001), he was a White House adviser and Senior Director for Inter-American Affairs at the National Security Council. He also served as Deputy Assistant Secretary for Inter-American Affairs, a position in which his primary responsibility was for U.S. policy toward Mexico. He has received the National Order of the Southern Cross, awarded by the Brazilian government, and the Order of Boyacá, granted by the Colombian presidency, for his diplomatic contributions. Valenzuela has served on the boards of directors of Drew University, the National Democratic Institute for International Affairs, and the National Council of La Raza, among other organizations.last_img read more

How to win over members with content marketing

first_img 16SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Historically, credit unions have relied on traditional marketing techniques, such as developing brochures, investing in radio advertising, maintaining a strong website, conducting informative webinars, to draw in new members as well as keep themselves top of mind among existing members.While these marketing methods are still relevant, credit unions must execute additional tactics that put themselves in a leadership position. To be truly visible to members and prospective members today, you must have a coordinated content marketing program that provides consumers with information that educates them on their unique financial needs and how to address them.Content marketing is the creation and distribution of relevant and valuable content across digital channels to attract, acquire, and engage with a clearly defined and understood target audience. This new approach has become important because it presents credit unions with unique opportunities to educate members and potential members, monitor reputational risks and engage potential members interactively.To create a successful content marketing strategy, there are five main components credit unions must consider: continue reading »last_img read more

Pula is preparing to host more visitors at Croatia Bike Week than last year when there were 20 of them

first_imgAt the end of August and the beginning of September, as last year, Pula will host the largest gathering of motorcyclists from all over Europe, which last year had 2 motorcyclists and 500 visitors, but with small changes that, according to the organizers, will contribute to attractiveness.Namely, everything will take place in a new more attractive location by the sea – Vallelu, two kilometers from the previous one where numerous stands will be set up on Vallelunga where you can find literally everything for bikers – from leather jackets, gloves, pants, boots… to bags for motorcycles and helmets, as well as jewelry and massage and tattoo items, and even a booth with a motorcycle bible. The most impressive is certainly the big motorcycle parade when several thousand motorcycles go through the city, and this year it will be held on Saturday, September 2 at 16 pm with departure from Vallelunga, then through the city, and will stop on the waterfront for a big photo together.In addition to concerts, there will be motorcycle games, custom show, stunt show, acrobatics on a motorcycle will be performed by Dejan Spoljar, the best master of stunt show in Croatia, sexy show and many interesting things that will take place from August 28 to September 3, and this year Twin Horn MC has prepared as many as 15 concerts for its visitors, so the organizers invite bikers and their friends, lovers of motorcycles, good music and great atmosphere to come to Pula and be part of the rock and ride atmosphere that attracts more visitors every year from all over the world and the most famous motorcycle party, the one that put Croatia at the very top of the moto tourist offer in the world!Last year, thousands of visitors to Pula came from all over Croatia, the USA, New Zealand, Austria, Germany, Great Britain, Slovenia, Italy, Serbia, Bosnia and Herzegovina, Finland, Austria, Hungary, and this year they will be joined by bikers from Canada and Russia, England, Scotland, Lithuania, Norway and who knows where else…There are various motives for coming, but one thing is for sure – diverse, high-quality and authentic content is the winning formula.last_img read more