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KEYWORD "Peter Long" - 65 RESULTS
Countrywide boss in bonus storm is given key role in takeover

Paul Creffield, a veteran figure at Countrywide involved in a controversy over bonuses, is staying on to “support” the transition into new...

09 March 2021

From: Breaking News

Countrywide’s former management slammed by industry veteran

Countrywide’s former management seriously damaged the company’s share value and status by adopting a flawed business plan - and then executing...

06 January 2021

From: Breaking News

“Knackered” Countrywide suffers media onslaught

Criticism of the management of Countrywide has reached new levels of derision as the mainstream media have attacked the chaos surrounding...

27 November 2020

From: Breaking News

Countrywide senior management in shock decision to quit the company

A statement this morning from Countrywide's board says both its executive chairman and its group managing director are leaving the company.  It...

24 November 2020

From: Breaking News

Countrywide faces multiple risks if it doesn’t sell to Connells - claim

Connells has increased the temperature in its bid for Countrywide with a surprise statement this morning outlining risks run by Countrywide if...

23 November 2020

From: Breaking News

Countrywide meeting later this month to decide company fate

Countrywide is to hold a special general meeting on November 18 to consider its future ownership and structure. Last month Countrywide group...

02 November 2020

From: Breaking News

Countrywide gets £90m lifeline and top management clear-out

The troubled Countrywide group has announced a £90m investment by Alchemy Partners, a private equity company that specialises in investing in...

22 October 2020

From: Breaking News

Countrywide - 10 own goals in five years

Hindsight is 20-20 vision, of course, and we can all see things we did ‘then’ that we would not do ‘now’....

22 August 2020

From: Features

Countrywide Civil War: company hits back at shareholder’s claim

Countrywide has rejected a claim by one of its biggest shareholders that it does not engage with investors over future strategy...

20 August 2020

From: Breaking News

Major Countrywide shareholder demands “bold action to save company

One of Countrywide’s biggest shareholders has written a second letter to the company to demand bold action to save the agency...

19 August 2020

From: Breaking News

Countrywide share price rises 125% in three months

Is Countrywide finally on the road to recovery? Its share price has risen 125 per cent in the past three months; much of...

12 August 2020

From: Breaking News

Countrywide: who will be the next leader of ailing company?

The hunt is on for a new boss of Countrywide according to news reports. Sky News says the company has recruited professional...

22 July 2020

From: Breaking News

Countrywide “may not survive” warns one of its biggest investors

An investment manager who has a 7.8 per cent stake in Countrywide, is warning that the agency group may not survive...

12 July 2020

From: Breaking News

Shareholder ‘mini-revolt’ over Countrywide’s top brass pay

There appears to have been a small shareholder rebellion at Countrywide’s annual general meeting over the company’s remuneration of senior management. No...

30 June 2020

From: Breaking News

Confirmed: Countrywide admits ‘mega merger’ talks with LSL underway

Countrywide and LSL Property Services have this morning confirmed that talks are underway about a possible mega-merger. This confirms the speculation yesterday that...

24 February 2020

From: Breaking News

Is this why Countywide, Purplebricks and Foxtons are struggling?

An outspoken industry commentator says some of the country’s leading agencies are failing because they’re not actually run by experienced agents. Russell...

03 February 2020

From: Breaking News

Countrywide, two years after Platt - time for the last rites?

In six years of editing Estate Agent Today, some of my most dramatic moments have been covering the troubles - some...

11 January 2020

From: Features

Decision day over Countrywide’s commercial sell-off

Countrywide's senior management has won overwhelming backing from shareholders for its strategy of selling its commercial arm and consoliating its shares.         Earlier...

27 December 2019

From: Breaking News

Cash-strapped Countrywide sells commercial arm, extends credit facility

Cash-strapped Countrywide has this morning announced that it is selling its commercial business, Lambert Smith Hampton, for £38m. In a surprise statement...

29 November 2019

From: Breaking News

Countrywide share price steady following appointment of new COO

The share price of the UK's largest estate agency remained steady yesterday following its appointment of a new chief operating officer. Countrywide...

09 October 2019

From: Breaking News

Ex-Countrywide complainers ‘betray those who stayed loyal’ - claim

Former Countrywide employees who take to social media or the mainstream press to criticise the company are betraying those who remained...

02 August 2019

From: Breaking News

Countrywide wins new deal with lenders to continue ‘turnaround plan’

In a trading statement this morning, Countrywide says it has “a new covenant package with lenders provides the financial flexibility to...

31 July 2019

From: Breaking News

Countrywide now “beyond salvation” says former chief executive

Countrywide is now “beyond salvation” according to former chief executive Harry Hill. The industry veteran, who also founded Rightmove, made the remark...

29 July 2019

From: Breaking News

Emoov and Countrywide merge: it could have happened…

Emoov and Countrywide: what a pair, observers might say. They present a tale of two failures - although, in the case of...

08 June 2019

From: Features

Countrywide branch closures and staff redeployment underway

Estate Agent Today understands that Countrywide has started a programme involving branch closures and redeployment of staff. Unlike other branch closure programmes by...

10 May 2019

From: Breaking News

Countrywide’s new pay chief takes over as share price hits another low

Countrywide has named a senior businesswoman as chair of its controversial remuneration committee which was at the centre of a row...

01 May 2019

From: Breaking News

Countrywide sets out reasons to invest, despite share price fall

Countrywide’s senior executives have set out reasons why investors should put their money into the group, despite its troubled recent years. Yesterday...

08 March 2019

From: Breaking News

Countrywide chiefs tell EAT: Sales hit by Brexit but we're ready for Fees Ban

Countrywide’s executive chairman and group managing director have spoken to Estate Agent Today about the impact of Brexit on the company,...

07 March 2019

From: Breaking News

Countrywide warns on 2019 but claims 'five pillars of progress' in recovery

Countrywide's report to shareholders this morning warns that the residential market is heading for a difficult 2019 which may hit the...

07 March 2019

From: Breaking News

Countrywide pay chief quits after ‘Fat Cats' controversy

Countrywide, which was hit by a row over executive pay during the summer, is now on the look out for a...

06 December 2018

From: Breaking News

Property Jobs Today - a new agency and plenty of other key moves...

Hello and welcome to a new working week, which means your chance to catch up on the key moves in our...

08 October 2018

From: Breaking News

Countrywide puts 'restructuring and turnaround' expert on the board

Countrywide has announced the appointment of a new board member with “substantial restructuring and turnaround expertise.” Mark Shuttleworth became a non-executive director...

04 October 2018

From: Breaking News

Countrywide share price still in the doldrums despite Peter Long move

Shareholders in the ailing Countrywide agency group appeared to remain largely indifferent to the news that their executive chairman Peter Long...

20 September 2018

From: Breaking News

Countrywide: Peter Long 'to focus full time on agency group recovery'

Peter Long, the chairman of the troubled Royal Mail organisation, has stepped down from that role to focus full time on...

19 September 2018

From: Breaking News

Countrywide General Meeting today set to endorse rescue plan

Countrywide’s eagerly-awaited General Meeting for shareholders takes place today and is widely expected to back the ailing agency group’s controversial rescue...

28 August 2018

From: Breaking News

Countrywide backtracks on bid to give top managers huge incentives

Countrywide appears to have backtracked on a move which could have seen its three most senior executives receive some £20m in...

20 August 2018

From: Breaking News

Countrywide fat cats: crunch day for agency group's rescue deal

Today sees the first of a series of important deadlines which will determine the success of otherwise of Countrywide’s controversial rescue...

17 August 2018

From: Breaking News

Countrywide reported to be facing fresh financial crisis

Sky News is reporting that Countrywide faces a new crisis - this time over senior management remuneration, particularly for its executive...

16 August 2018

From: Breaking News

Property Jobs Today - plenty of industry moves over the summer break

We may be well into August but there’s little sign of a holiday for our industry, with a string of big...

06 August 2018

From: Breaking News

Countrywide is in the last-chance saloon say its own advisers

Small print in the Countrywide rescue plan announced yesterday spells out in stark terms what could happen if the company’s bid...

03 August 2018

From: Breaking News

No sell off! - Countrywide's crown jewels are safe says new boss

The newly-appointed Group Managing Director of Countrywide says rumours of Hamptons International or other ‘crown jewels’ being put up for sale...

03 August 2018

From: Breaking News

Countrywide share price plummets after rescue plan announcement

Countrywide's share price has dropped sharply following the announcement of the company's rescue plan - but the firm itself says this...

02 August 2018

From: Breaking News

Countrywide ‘to raise more money than originally thought’ - National press

Press speculation suggests that Countrywide’s much-anticipated rights issue will this coming week aim to raise £125m - not just the £100m...

29 July 2018

From: Breaking News

Countrywide - change it, close it or sell it? Four experts have their say

The agonisingly painful decline of Countrywide continues, with no one sure whether it is the darkest hour before the dawn or...

25 July 2018

From: Breaking News

Countrywide delays publishing figures as search for funds goes on

Countrywide, the troubled estate agency group thought by some to be near collapse, has delayed issuing its interim figures which were...

24 July 2018

From: Breaking News

Doubt over Countrywide rights issue as Purplebricks wins price boost

It’s being suggested that Countrywide’s rights issue, previously expected to be announced this week, may now be delayed. The Times says the...

24 July 2018

From: Breaking News

Countrywide stays silent on speculation over £100m rights issue

Countrywide has not made any official statement about speculation over the weekend that it was about to seek an additional £100m investment. Estate...

23 July 2018

From: Breaking News

Countrywide boss quits another boardroom to try to save agency

Peter Long, executive chairman of Countrywide, has resigned from another boardroom to focus on saving the troubled estate agency. Long has chosen...

18 July 2018

From: Breaking News

The future for Countrywide - Paul Creffield interview

The rise and fall - and perhaps rise again - of Countrywide has been of enduring interest to the agency industry...

12 May 2018

From: Features

Countrywide not in a rush to get a new chief executive

Countrywide is in no rush to appoint a new chief executive, following the experience of having Alison Platt in the post...

10 May 2018

From: Breaking News

Countywide 'encouraged by early progress' despite new income fall

Countrywide, the troubled agency group which today holds its annual general meeting, says it is “encouraged by the early progress that...

25 April 2018

From: Breaking News

Countrywide share price up 50% in a month - is this the turn-around?

Has Countrywide finally convinced its investors that it is on the road to recovery? Back on March 8 the Countrywide share price...

04 April 2018

From: Breaking News

Exclusive: another key Countrywide returnee as corporate rebuild continues

Countrywide’s attempt to rebuild its expertise pool following the Alison Platt era continues apace with the announcement today that John Hards...

26 March 2018

From: Breaking News

Exclusive: Countrywide announces first major returnee to the fold

The long haul back for Countrywide appears to have begun with the first major name who left during the Alison Platt...

12 March 2018

From: Breaking News

Countrywide chairman admits company had been grossly mismanaged

In an exclusive and candid interview with Estate Agent Today, Countrywide chairman Peter Long has admitted that the company had been...

08 March 2018

From: Breaking News

Countrywide reveals 'Back To Basics' plan for 2018 and scraps online service

The troubled Countrywide group has this morning revealed its recovery plan to get - in its words - ‘back to basics’...

08 March 2018

From: Breaking News

Countrywide's earnings could be lower than expected, warns Jefferies

City broker Jefferies is warning that Countrywide’s earnings as calculated through the EBITDA measure could drop to as little as £50m -...

15 February 2018

From: Breaking News

Countrywide shares struggle as theory emerges on Platt departure

If Countrywide thought its fortunes would immediately improve following the departure of chief executive Alison Platt, it has to think again...

25 January 2018

From: Breaking News

Platt will receive £675,000 pay-off despite Countrywide failure

The magazine Property Week is reporting that Countrywide’s former chief executive Alison Platt, who quit her post this morning, will receive...

24 January 2018

From: Breaking News

New Countrywide head says power will pass back to the branches

Countrywide’s new management has taken immediate steps to try to stem the loss of market share by the troubled agency group,...

24 January 2018

From: Breaking News

Alison Platt leaving Countrywide, staff are told

It is being reported that staff at Countrywide have been told that embattled chief executive Alison Platt is leaving the agency...

23 January 2018

From: Breaking News

Countrywide non-executive director quits - no reason given

The latest departure from troubled estate agency group Countrywide is non-executive director Richard Adam, who was chair of the audit and...

06 October 2017

From: Breaking News

Countrywide's finance chief to step down

The UK's largest estate agency has announced that its finance chief will step down from its board next month and retire...

07 June 2017

From: Breaking News

Countrywide: 200 branches shut, online 'working well'

It's been revealed that Countrywide has lost 200 branches in its reorganisation - that's around 20 per cent of its branch...

09 March 2017

From: Breaking News

Royal Mail chief becomes new chairman of Countrywide

Countrywide has announced to the Stock Exchange this morning that Peter Long will take over from Grenville Turner as chairman at...

11 February 2016

From: Breaking News

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