Alongside its fundraising plan, which will be used to whittle down its £212m debt pile, Countrywide revealed it had fallen £206m into the red during the most recent six-month period. The scale of the loss was largely due to a £211m charge from slashing the value of its assets and brand. … [Read more...] about Countrywide shares plunge 60% after emergency cash call
Royal mail international
Malaysia sees the return of Mahathir Mohamad Between a rock and a hard place Not all Malaysians are on board with this pact though. Some civil society members and opposition lawmakers blame Mahathir for engineering the very system he now opposes. This disquiet has spurred a new movement. #UndiRosak (or #SpoiltVote) that urges voters to either boycott the polls or cast spoilt ballots. But others argue that this will merely split opposition votes and empower BN further. … [Read more...] about Frustrated Malaysian expats hasten to get votes home
“First, there is a pep talk – or you’re all told off,” Burgess remembered, “and then you get to shout out your figures. It shows on the screen where you are in the rankings. If you’ve done well, you’re buzzing. It’s one of the funnest parts of the week.” Successful employees are offered an elaborate sequence of bonuses. There are “trip targets” – sales attainments that earn company-funded skiing or Mediterranean holidays; and “car targets” – first a Mini, then a BMW, then a Mercedes. The slick Foxtons website shows packs of tanned, beaming, sometimes flirtatious staff holding beers, up mountains, playing beach volleyball. Burgess said that working at Foxtons sometimes feels “like being in a sports team, when you get a new kit. You all smell good. You feel you’re the dog’s bollocks.” Like you’re an elite? “No … a gang!” … [Read more...] about Is Foxtons the estate agent London deserves?