May 7

Branch closures and Covid hit LSL revenues despite market recovery

first_imgEstate agency giant LSL says Covid and its huge restructuring programme at Your Move and Reeds Rains have combined to batter its revenues this year.The multi-agency group, which owns 12 brands in total, has seen revenues dip this year by 18% to £214.3 million.Nevertheless, the group has benefitted from the post-lockdown boom, and has reported its largest sales pipeline for a decade.LSL now has sales worth £24 million going through the conveyancing process, a 60% increase on the same time last year.This is the highest level in over ten years in Your Move and Reeds Rains branches, the highest since LSL has owned the nine LSLi brands and the highest in over four years within Marsh & Parsons.Significant pressureBut LSL says this is putting ‘significant pressure’ in parts of the housing chain, although purchasers’ keenness to complete before the stamp duty deadline means there is ‘no evidence of an increase in residential fall-through trends, although the elongation in the time taken to complete may put pressure on this across the market generally’.The comments are within LSL’s latest trading update, which reveals strong performances by its surveying and mortgage brokerage arms.“We look forward to reporting on our full year results in the early part of 2021, when we will also set out details of the progress we have made on implementing our strategy,” says David Stewart, Group Chief Executive Officer.“I would like once again to place on record my thanks to all our staff for their tremendous support they have given LSL this year.”Marsh & Parsons LSLI Reeds Rains Your Move December 11, 2020Nigel 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 » Branch closures and Covid hit LSL revenues despite market recovery previous nextAgencies & PeopleBranch closures and Covid hit LSL revenues despite market recoveryGroup says its cull of branches earlier this year and the pandemic saw revenues down by 18%.Nigel Lewis11th December 202001,318 Viewslast_img read more

May 4

Image of the Day: USS Fort McHenry Hoists Romeo Flag

first_img View post tag: News by topic View post tag: americas View post tag: USS Fort McHenry Authorities View post tag: USNS Charles Drew View post tag: Navy View post tag: Flag View post tag: Romeo Sailors aboard the amphibious dock landing ship USS Fort McHenry (LSD 43) hoist a Romeo flag in preparation for an underway replenishment with the Military Sealift Command dry cargo and ammunition ship USNS Charles Drew (T-AKE-10).Fort McHenry is part of the Iwo Jima Amphibious Ready Group and, with the embarked 24th Marine Expeditionary Unit (24th MEU), is deployed in support of maritime security operations and theater security cooperation efforts in the U.S. 5th Fleet area of responsibility.Image: U.S. Navy photo by Mass Communication Specialist 3rd Class Adam Austin Image of the Day: USS Fort McHenry Hoists Romeo Flag View post tag: Naval Share this article Back to overview,Home naval-today Image of the Day: USS Fort McHenry Hoists Romeo Flag View post tag: Image of the Day January 27, 2015 View post tag: Hoists View post tag: RASlast_img read more

May 2

Sand Sculpting Contest on Wednesday, Freckle Contest on Thursday

first_imgCredit Donald B. KravitzThe first of Ocean City’s two annual sand-sculpting contests starts at 9 a.m. Wednesday (July 9) on the beach at Sixth Street.These contests have been a favorite here for 42 years. They’re catered to amateurs — families, friends and individuals who just like doing it for fun.Entry is free, and entry to the beach for spectators is free. Contest categories are: age 5 and under, 6-8, 9-12, teens, individual adult and families. Prizes are awarded. For information, call (609) 525-9300.A second sand-sculpting contest is set for Aug. 6, starting 9 a.m. at the same location. The Miss Crustacean Hermit Crab Beauty Pageant will be held the same day starting at 1 p.m.______Another popular and free event — Ocean City’s Freckle Contest — will be held 6:30 p.m. Thursday (July 10) in front of the Ocean City Music Pier (on the boardwalk between Eighth and Ninth streets). Registration begins at 6 p.m.The competition is for folks with the most real or painted on freckles. It is divided into age groups: 5-and-under, 6-8, 9-12, teens and adults. Prizes are awarded.last_img read more

May 2

Ocean City Records First-Ever Sweep at Swimming Meet of Champions

first_imgFrom left, Maggie Wallace, Amanda Nunan and Amber Glenn were part of a 1-2-3 finish in the 500-yard freestyle Sunday at the state swimming Meet of Champions.Winning an individual event at the New Jersey Scholastic Meet of Champions is a rare achievement for any swimmer — Amanda Nunan last year became the first girl ever to win a title for Ocean City High School.But on Sunday morning, the Red Raider girls achieved something unprecedented: Nunan, Amber Glenn and Maggie Wallace swept the the top three spots in the 500-yard freestyle.Nunan, a sophomore, defended her title in 4:51.75. Glenn, a junior, was second in 4:57.08 with freshman Wallace close behind in 4:57.67.The Meet of Champions includes the best individual swimmers from among hundreds of teams throughout the state. Girls have competed in a Meet of Champions since 1973 (see history of team championships), and no single school has ever swept the top three places in an event.Ocean City High School’s individual state championship swimmers: Coach Kate Merz, Gabby Breazeale, Maggie Wallace, Amanda Nunan, Ryann Styer, Aly Chain, Amber Glenn and coach Brittany O’Donnell.The three Red Raiders didn’t go unnoticed. As the girls were stepping up to the starting blocks before their race, an official said to Glenn, “You must have a really good 2,000-meter relay.”The comment was a nod to the team’s dominance of the distance event (the longest relay in high-school competition is 400 meters).“That was our goal,” Glenn said of the sweep. “We kind of knew it was going to happen.”Wallace said it was “awesome” to celebrate with high fives and hugs with the next closest girls finishing two seconds behind.“We all pushed our hardest,” Wallace said.__________Sign up for OCNJ Daily’s free newsletter and breaking news alerts“Like” us on Facebook___________Nunan’s victory was her second of the day in an individual event. She also won the 200-yard freestyle in 1:48.60. Glenn was fourth in 1:53.26 and Wallace ninth in 1:53.75.“I’m so excited,” Nunan said. “I love to compete with Maggie and Amber. They’re so much fun.”Nunan already has qualified for the 2016 Olympic Trials in two events, and she’s currently working toward a USA Swimming sectional championship.Nunan was not Ocean City’s only state champion on Sunday.She joined Gabby Breazeale, Aly Chain and Ryann Styer in winning the 200-yard freestyle relay in 1:36.69.The 400-yard freestyle relay team of Styer, Chain, Wallace and Nunan took a third place.last_img read more

April 20

EPOS Group in RSA Systems takeover

first_imgEPOS Group has announced the acquisition of RSA Systems, in a move which will see an extra 400 retail sites added to its customer base.The purchase of the Blackburn bakery point-of-sale and software specialist will strengthen EPOS Group’s position in the bakery retail market.It is its second acquisition in this sector, following the purchase of Hampshire-based bakery POS provider WeCan solutions, in 2009.RSA is known for its Daybreak system, which consists of three products: a point-of-sale application, Touch Till; a back office solution, Shop Controller; and an associated module for bakery production.Jonathan Measures, technical specialist at RSA. will join EPOS’ support team, while father, RSA’s former managing director Jon Measures, will work with EPOS Group on a consultancy basis.Jon Measures said: “It’s business as usual for our customers. We’re really pleased to have moved RSA onto its next era as part of the larger EPOS Group.”Stephen Boyes, managing director, EPOS Group, said: “The addition of RSA to the EPOS Group team will add a wealth of experience and industry knowledge to the very strong technical base we have established in recent years.”EPOS Group is a sponsor of the BB75 2013. Download our free bakery market report here.last_img read more

March 1

Menand wins National Humanities Medal

first_imgLouis Menand, the Anne T. and Robert M. Bass Professor of English, has been named a recipient of the National Humanities Medal, recognizing his literary and scholarly contributions to the study of cultural history.President Obama will award the medal at a White House ceremony Sept. 22.Menand, who won a Pulitzer Prize in 2002 for “The Metaphysical Club: A Study of Ideas in America,” was surprised when he got the call from the National Endowment for the Humanities (NEH). “It’s not something I ever imagined I would receive,” said the scholar and New Yorker staff writer, sharing his initial response: “Did you get the wrong person?”Menand’s “influential works of intellectual and cultural history probe the power of ideas from one era to the next as they ripple across politics and culture,” reads the NEH citation. Great adventures ‘Essential Works 2’ provided an intimate education in literary classics Related “The Metaphysical Club” traces the lives and work of leading pragmatists, including Oliver Wendell Holmes Jr., John Dewey, and William James. Menand, who joined the English faculty at Harvard in 2003, is also co-creator of Humanities 10, the reading- and writing-intensive course on classic texts (Plato, Homer, Shakespeare) that he calls “an important place to make things happen for the humanities.”“It’s unbelievably rewarding. The works are infinitely teachable, and the students are very excited to talk about them. You’re never pushing a stone up a hill. It’s kind of hard not to teach it.”In an e-mail, English Department chair James Simpson said Menand “operates at the highest levels across an astonishing range of scholarly and journalistic domains: as a scholar of ground-breaking books; as the scholar and guide of national debates about the humanities (e.g., ‘The Marketplace of Ideas,’ 2010); and as an acute and ever-illuminating commentator on culture broadly understood in his regular New Yorker pieces. All his writing is characterized by total lucidity, dry wit, and a commitment to the life of the mind.”Menand, who will bring his wife and two children to the White House, sits in illustrious company with 11 other recipients this year. They include Cambridge poet Louise Glück, musician Wynton Marsalis, and physician-author Abraham Verghese.Past Harvard winners of the medal include Henry Louis “Skip” Gates, the Alphonse Fletcher Jr. University Professor; Evelyn Brooks Higginbotham, the Victor S. Thomas Professor of History and of African and African American Studies; and Diana L. Eck, the Fredric Wertham Professor of Law and Psychiatry in Society in the Faculty of Arts and Sciences and a member of the faculty at Harvard Divinity School.last_img read more

December 31

Polish government moves forward with plans for 10.9GW of offshore wind development

first_imgPolish government moves forward with plans for 10.9GW of offshore wind development FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):The Polish government approved late Nov. 27 a draft Offshore Wind Act to award about 32 billion zlotys in support for the construction of 10.9 GW of capacity in the Baltic Sea.The ministry of climate and environment, which drafted the legislation, said the first offshore projects in the Polish zone of the Baltic Sea would be ready in 2024. The bill has been sent to parliament for debate and voting, with optimists saying it might be passed as early as January 2021.“Offshore wind energy is an important step towards building emission-free energy. We have a chance to become a leader in the development of offshore farms in the Baltic Sea with installed capacity potential estimated in the WindEurope report at 28 GW in 2050,” Michał Kurtyka, Poland’s climate minister, said in a statement.During a first stage, 5.9 GW of capacity would receive support in the form of contracts for difference, or CfDs, on a first-come, first-served basis from the energy regulator, URE. In the second stage, auctions would be held in 2025 and 2027 for 2.5 GW each. CfDs would be valid for 25 years, compared to 15 years for other renewable energy installations, and projects must start generating electricity within 72 months.Developers must submit applications for CfDs in the first stage to URE by the end of June 2021 and will be responsible for financing and constructing the connection from their projects to the onshore grid. The grid operator, PSE, will have the right of first refusal to purchase the connection in the event of a potential sale of the wind farm.Projects likely to be eligible for support in the first stage are those being developed by Poland’s largest privately-owned utility, Polenergia SA, and its partner, Norway’s Equinor ASA, as well as by state companies PGE Polska Grupa Energetyczna SA, which is in advanced talks with Denmark’s Ørsted A/S, and Polski Koncern Naftowy Orlen SA, which is yet to announce a partner. RWE AG also has an eligible project after entering the market in 2019.[Adam Easton]More ($): Poland approves draft offshore wind law, paving way for 10.9 GW in Baltic Sealast_img read more

December 18

NYPD Officer Arrested For DWI, Wrong Way Crashes on LI

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York An NYPD officer is facing driving while intoxicated charges after he crashed into five cars while driving the wrong way on the Southern State Parkway early Saturday morning, New York State police said.Authorities said 48-year-old Ronald Holmes of Elmont was traveling eastbound in the westbound lanes near Exit 17 around 1:45 a.m. when his Mazda allegedly crashed into five other vehicles.One person was taken to Nassau University Medical Center for minor injuries and three others were treated at the scene, police said.Holmes was arrested and charged with driving while intoxicated, reckless endangerment, reckless driving and several other traffic violations.He was held for arraignment at First District Court in Hempstead.A NYPD spokesman didn’t provide specific details regarding Holmes’ arrest but said members of the force are automatically suspended after an arrest.last_img read more

December 18

LIRR Wins ‘Awards’ for Most Tardy Lines

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York A passenger boards a Long Island Rail Road train in Long Beach (Joe Abate).The Long Island Rail Road’s least reliable train lines have finally earned some long overdue recognition thanks to the Tri-State Transportation Campaign’s new Laggy Awards, presented to those branches with “the greatest lost economic productivity, delay per rider, and lost time,” according to figures given out by the railroad and compiled by the non-profit advocacy group.The tongue-in-cheek prize is intended to be a hard-to-miss signal to New York State legislators whose districts might be home to the least-reliable trains that it’s time to make sure that the system gets the additional capital investment it needs to serve as an asset—not an impediment—to the regon’s economic growth.“LIRR’s frequent delays truly add up to lost economic productivity and commuter time over the course of a year,” said Ben Rosenblatt, who conducted the research for the Tri-State Transportation Campaign. “In fact, estimates of total lost productivity are greater than last year’s profits of some of Long Island’s largest companies, such as VOXX International, Nathan’s, and 1-800-FLOWERS.”The timing of the Laggy Awards, which the campaign released Sept. 5 at a press conference at the Hicksville train station, is linked to the beginning of the Metropolitan Transportation Authority’s planning for the next capital program that will cover 2015-2019 and determine the fate of the LIRR for years to come. That process so vital to hundreds of thousands of riders will get rolling this fall.Overall, the campaign estimates that late, cancelled and terminated trains between July 2012 and June 2013 cost $60,760,661 in lost productivity. The winners in that category are the Babylon Branch, which got the Gold Laggy for an estimated loss of $14,743,781; the Ronkonkoma line, which got the Silver Laggy for costing $12,285,067; and the Huntington line, which won the Bronze for costing $9,805,101.After determining that the total lost time due to late, cancelled and terminated trains amounted to 1,380,924 “rider hours,” the campaign awarded the Gold Laggy to Babylon for 335,086 hours lost; the Silver to Ronkonkoma for 279,206 hours; and the Bronze to Huntington for 222,843 hours.Last, but not least, the campaign gave out Laggies to the branches that had the greatest levels of “delay per rider,” after finding that an average LIRR rider lost 15.8 hours because of service disruptions. And here Port Jefferson got the Gold Laggy for racking up 22.3 hours in delays per rider; Montauk got the Silver for 20.5 hours per rider, and Ronkonkoma got the Bronze for 19.1 hours.The analysis was based on data provided by the MTA on ridership, on-time performance and other lateness, termination and cancellation information, “along with Census-derived income assumptions regarding the value of lost time,” the campaign said.The advocacy group says it came up with the Laggy Awards to help elected officials serving in the areas “hardest hit by delays” to “identify, and fully fund, the Metropolitan Transportation Authority’s 2015-2019 Capital Program to ensure the LIRR system is reliable and in a state of good repair.”Among the projects on the group’s priorities list are “further fast-tracking LIRR’s Second Track” project; rebooting LIRR’s “Third Track” project; funding signal improvements such as the “Babylon Interlocking” system; and enhancing Wi-Fi capabilities on LIRR trains and at stations to mitigate the productivity losses associated with train delays.“It is imperative that Long Island’s elected officials in both the New York State Assembly and State Senate identify the funding needed to ensure the Long Island Rail Road is in a state of good repair,” Ryan Lynch, the campaign’s associate director, said in a statement. “Not doing so will only continue to negatively impact the Island’s economy and put further strain on regional and local businesses.”In a statement to the Press, Salvatore Arena, an MTA spokesman, said: “The LIRR knows that our customers’ No. 1 concern is to arrive on time and safely to their destinations, and we are constantly seeking ways to improve our on-time performance, which currently stands at 93.4 percent year to date. We support any effort to raise awareness about the important need for resources to invest in the infrastructure that the LIRR relies on to provide service.”The report was issued on the same day that a construction worker accidentally cut a signal line for one of the East River tunnels, sparking more cancelations and delays during the Thursday evening commute.“When you waste folks’ time, it really is death by a thousand cuts,” said Eric Alexander, executive director of Vision Long Island. “In order to provide efficient transportation options for people, the current LIRR rail system and operations need strategic investment and upgrades.”In the 2010-2014 MTA capital program, the LIRR was slated to receive $2.3 billion out of the $22 billion total budget. In the next round, the railroad and its advocates are hoping for more.“Delays caused by inadequate infrastructure investments have real economic costs, in addition to the stress and frustration that they produce in riders,” said Bill Henderson, executive director of the Permanent Citizens Advisory Committee to the MTA. “We cannot afford not to maintain, rehabilitate and improve LIRR infrastructure to meet the needs of its riders and the regional economy.”last_img read more

December 18

The ‘CEO of compliance’

first_imgCU leader’s enthusiasm is matched only by her compassionKimberly Bohannon thinks of her job—vice president of compliance and risk management at Knoxville (Tenn.) TVA Employees Credit Union—as a hidden treasure of sorts.“Compliance is a job most people dread and wouldn’t want to work in,” she says. “To me, it’s one of the best jobs in the credit union. I get opportunities to research, investigate, train—so many different things in the course of the day. I wouldn’t trade it for anything.”Bohannon draws an analogy to a story about a tollbooth operator. When an interviewer asked if his job was boring, he replied that it was the best job in the world—he was the CEO of his tollbooth.“I’m CEO of compliance,” Bohannon quips. “I have opportunities to effect positive change for the credit union. We have lots of room to grow the compliance program in nontraditional ways.”Bohannon’s enthusiasm is matched only by her compassion. “I try to approach compliance from a place of ‘yes,’ ” she says. “Rather than saying ‘no,’ I look for a way to help members while complying with regulations.”For example, a member presented an unusual form of trust document and wanted to open an account for his mother. “Trusts scare people because they’re all different,” explains Bohannon. “They’re not on our checklist, so we usually say we can’t help them.” continue reading » 12SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more