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Brexit blues? Not at this agency!

first_imgHome » News » Agencies & People » Brexit blues? Not at this agency! previous nextAgencies & PeopleBrexit blues? Not at this agency!Chestertons announces strongest start to the year since 2014, backing up its Managing Director’s claims that the market is close to bottoming out.Sheila Manchester7th May 201901,020 Views Chestertons reports good news! The firm has enjoyed its strongest start to any year since the previous peak of the market in 2014 in terms of revenue and profitability, backing up its Managing Director’s claims that the market is close to bottoming out and is enjoying strong activity from both buyers and tenants.In the first three months of 2019, Chestertons’ Lettings division increased its revenue by 17% compared to the same period in 2018, while its Sales division also reported a moderate increase of 3%, although this figure is impressive given that over the same period, the number of new properties coming on to the market dropped 21%.NEW MD’S CHANGES TAKING EFFECTAlthough the company’s improved profitability can be partially attributed to a number of bold structural changes introduced last year by new Managing Director Guy Gittins, the increased revenue is a direct result of the surge in the number of buyers and tenants flooding into the market since the start of the year that Chestertons first reported in February.Compared to the first three months of last year, Chestertons’ Sales department has registered 36% more buyers, conducted 13% more viewings and achieved 12% more exchanges. Meanwhile in Lettings, there have been 23% more tenants registered and 17% more offers made, both of which have resulted in 5% more new tenancies agreed.Guy GittinsGuy Gittins said, “For a while now, there has been a misconception that the London property market has ground to a halt due to Brexit paranoia. While it is true that sales volumes have fallen since their peak, we have seen a sharp increase in buyer numbers and buyer activity, which started at the end of last year.“With Brexit seemingly still some time away, the pent-up demand from these buyers has started to be released and turn into sales activity, as seen by our figures from the first quarter of the year. We have seen a similar mindset from tenants who have noticed the sharp drop in the number of available properties coming onto the rental market and are acting quickly and decisively to secure a property.”“Our focus on utilising new technology to improve internal processes and making our back office functions more efficient has started to really pay dividends and we are now actively looking for suitable acquisitions, especially lettings businesses, that we could assimilate into our existing structure.”guy gittins Sheila Manchester Chestertons Chestertons Chelsea Chestertons’ Lettings division May 7, 2019The NegotiatorWhat’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 2021last_img read more

Sixth U.S. Coast Guard Cutter Christened

first_img View post tag: US Coast Guard Authorities View post tag: USCGC Munro November 15, 2015 Ingalls Shipbuilding, a division of Huntington Ingalls Industries, christened USCGC Munro (WMSL 755), the sixth cutter the company built for the U.S. Coast Guard on November 14.Julie Sheehan, the great niece of the ship’s namesake, Signalman First Class Douglas Munro, is the ship’s sponsor. At the culmination of the ceremony, she smashed a bottle across the bow of the ship.Ingalls has delivered five NSCs, and three more, including Munro, are currently under construction.Legend-class NSCs are the flagships of the Coast Guard’s cutter fleet. Designed to replace the 378‐foot Hamilton-class High-Endurance Cutters that entered service during the 1960s, they are 418 feet long with a 54-foot beam and displace 4,500 tons with a full load. They have a top speed of 28 knots, a range of 12,000 miles, an endurance of 60 days and a crew of 110.[mappress mapid=”17417″]Image: Huntington Ingalls Industries Sixth U.S. Coast Guard Cutter Christened View post tag: HII Back to overview,Home naval-today Sixth U.S. Coast Guard Cutter Christened Share this articlelast_img read more

In Short

first_imgTop apprenticeMartins Foods employee Sunè Brunton has gained national newspaper coverage after being name Advanced Apprentice of the Year at the National Apprenticeship Awards this month. She joined the bakery in 2004 and has since developed new products for major retailers, including Asda and Sainsbury’s, helping the business expand its customer base. She has been accepted to study for an MSc in Food Safety at the University of Central Lancashire.Chinese influenceChina is the fourth-largest country in terms of retail sales and held the second position for new product launches in the global bakery and cereals market last year, with more than 1,500 new product launches, according to Datamonitor. Its report, Product Insights: Bakery and Cereals in China, says that the key to success is adapting to local Chinese tastes and offering flavours ranging from peanut and black sesame seeds to Peking duck and Shanghai crab.Skills for small firms New skills courses designed to boost innovation and growth are being launched for small business owners and managers in the north west. Applicants can choose from a menu of skills facilitated by talks, tutorials, practical work and self-directed study in the workplace. To find out more contact: [email protected] researchWheat breeder RAGT is conducting research into how different types of wheat could have an effect on how much salt is needed in bread. Initial results suggest it doesn’t necessarily follow that the current, good breadmaking varieties will have the right characteristics for baking with a lower salt content.last_img read more

Former Saint Mary’s student dies in accident

first_imgThe death of former first year Madelyn Stephenson has weighed heavily on the Saint Mary’s community in recent weeks. Stephenson is remembered fondly by friends and faculty, and a memorial service for Stephenson will be held Friday at 4 p.m. in Regina Chapel.Stephenson, 19, died Friday, Jan. 3 from injuries sustained in an automobile accident.According to The South Bend Tribune, the Marshall County Sheriff’s Department said Stephenson was southbound on U.S. 31 near 7B Road in Plymouth, Ind., just after 11 a.m. on Friday, Jan. 3.  Stephenson’s Honda was struck on the driver’s side after turning into the path of a semi-tractor.The investigation is ongoing with assistance from the Indiana State Police, according to the Tribune. Alcohol was not a factor in the incident, the Tribune reported.Though Stephenson was planning to attend Indiana University in Bloomington this spring, she completed her fall semester at Saint Mary’s while living off campus in Granger, Ind., her hometown.Fellow first year and friend Elizabeth Renner said she especially enjoyed sitting next to Stephenson and listening to all the funny jokes she would utter beneath her breath in their Arabic course last fall.“Madelyn was shy, but once you got to know her, she was someone very special. She was bubbly and had great enthusiasm for the Arabic language,” Renner said.  “After moving seats towards the end of the semester, I was able to get to know her better.  She was so helpful whenever I did not catch a phrase or if I missed class. She was always ahead of the class and a very smart girl.  I wish the rest of the class had a chance to hear her hilarious jokes. She will be missed by our Arabic class so much.”Her teachers from the College remember her as a quiet but friendly student with a passion for the sciences and learning.Stephenson’s advisor and associate professor of biology Ryan Dombkowski said she was passionate about science and had plans to pursue a degree in environmental science.“Madelyn was a quiet and reserved young woman, yet full of enthusiasm about science, especially with regard to the environment,” Dombkowski said. “From the short time I knew her, she was quite pleasant to have in class. I am sure she brought a lot of joy and happiness to her family, and our thoughts and prayers are certainly with them during this difficult time.”Another of Stephenson’s professors, Professor Soraya Wirth, remembers her as passionate about her studies and medicine in Wirth’s Arabic course.“I found her to be very studious, to be a person with a very legitimate passion for learning … and to thoroughly enjoy the culture and traditions of Middle-Eastern countries.” Wirth said, “Madelyn shared with me and her classmates her dream of becoming a doctor, and she was very excited about it.”Wirth also said Stephenson stood out academically and respected by her classmates.“She was one of my best students and had not missed any Arabic class throughout the semester. Madelyn was highly respected and regarded by all of her classmates, and she was always in control over any adverse situation,” Wirth said. “I am so sad that her journey came to an end with this horrible accident … she was a truly enjoyable student.”Saint Mary’s President Carol Ann Mooney expressed her sympathy to the College’s community in a Jan. 7 email.“On behalf of the entire Saint Mary’s College community, I would like to express our heartfelt condolences to Madelyn’s family,” Mooney said. “Our thoughts and prayers are with them. Death is never easy, especially when it is a young person with so much life ahead of her.”Grief counseling is available to students through Saint Mary’s Women’s Health Center, Campus Ministry and Residence Life and Community Standards.Tags: Automobile Accident, Madelyn Stephenson, Memorial Service, president carol ann mooney, South Bend Tribunelast_img read more

China State News Agency: Coal Industry Requires Restructuring

first_imgChina State News Agency: Coal Industry Requires Restructuring FacebookTwitterLinkedInEmailPrint分享From Reuters:Coal demand from China will slow over the next five years and the industry should focus on restructuring and upgrading, state news agency Xinhua reported on Tuesday citing the China National Coal Association (CNCA).Jiang Zhimin, CNCA vice-president, told Xinhua that the service sector was now the main driver of China’s economic growth, adding that the government was increasingly replacing coal with cleaner, non-fossil fuels.“Over the 13th five-year-plan period (2016-2020), the coal industry should focus on promoting structural adjustment, restructuring and upgrading,” he said, adding that this included eliminating excess production capacity, building larger power plants and encouraging the development of downstream activities.He said, however, that coal remained China’s primary energy source and that trends such as urbanization and industrialization would support energy demand growth.Demand from China, the world’s top coal consumer, has been on the wane amid slowing economic growth and a shift away from fossil fuels to curb pollution.Last week, the cabinet said China will remove around 500 million tonnes of coal production capacity within the next three to five years and halt approvals of all new projects.Full article: China’s coal industry needs to restructure as demand slows – Xinhualast_img read more

Choosing a deductible for your car insurance

first_img 114SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Ed SanFilippo Edward J. SanFilippo is a freelance writer, editor, and researcher with expertise across a broad range of topics. He has nearly 20 years of experience writing for public agencies, private … Web: Details So you’re buying a car and need to make a decision about insurance. Presumably you’ll compare price and coverage options, and in doing so you’ll see that price varies based on the deductible you select. What is a deductible, and what factors should you consider in making your decision?Deductible Defined and Explained: Your deductible is the amount of money you must pay for vehicle repairs before the auto insurance company pays the remaining costs. For example, if your car is damaged and your deductible is $1,000 but the damage to your car is $1,500, you would pay the $1,000 and your insurance provider would cover the remaining $500.Choosing a Deductible: Making this choice depends on your personal comfort level, the amount of risk you‘re willing to take, and is sometimes determined by the entity that finances your car. An insurance broker can help you make a decision based on your personal situation, but here are a few factors to consider when deciding:Emergency funds: Do you have a healthy savings account and/or emergency fund? What can you afford to pay out of pocket if something happens? A higher deductible can lower your monthly premiums and save you money each month, but if you cannot afford the deductible itself when repairs are needed, this is likely not a good option.Value of your vehicle: More expensive vehicles are typically more expensive to insure. For high-value vehicles, a high deductible might make sense because the savings can be significant. On the other hand, the value of an older vehicle might be similar to the cost of a high deducible. This means that in some instances, replacement of the older vehicle might be more cost effective than repairs, suggesting a low deductible is best.Risk: Evaluate your personal likelihood of needing to file a claim. It doesn’t matter if you’re a good driver; everyone has some level of risk. Do you drive frequently, and in high-traffic times or areas? Do you live in a place with a large proportion of high-risk drivers? Do you have a teenager learning to drive? What other personal risk factors should you consider?last_img read more

Indonesia’s COVID-19 death toll tops 200 as government warns of asymptomatic transmission

first_imgTopics : “We now believe the increasing number of cases come from sources [of infection] that are difficult to detect. We have noted that some sources are people who do not show symptoms,” Yurianto said on Monday.He said asymptomatic carriers spread the virus through droplets when they talked, sneezed or coughed, but that they themselves did not notice they had contracted the disease.“The real picture of the data we have collected shows that there are still sources of infection out there with asymptomatic carriers among the public,” he noted, adding that “There are also those prone to being infected because they don’t wear face masks or wash their hands.”With the trajectory of the coronavirus outbreak not showing any signs of slowing, the government declared last week a nationwide public health emergency and implemented large-scale social restrictions aimed at curbing transmission of the virus. Indonesia’s death toll from the novel coronavirus disease topped 200 on Monday, with the government voicing particular concern about transmission from asymptomatic carriers as the number of positive cases continue to rise.Health Ministry Disease Control and Prevention Director General Achmad Yurianto said 218 new cases had been confirmed on Monday, bringing the country’s tally to 2,491 following the testing of 11,242 samples nationwide.As many as 209 people have died of the contagious disease while 192 have recovered so far.center_img Among the measures, the government has ordered people to stay at home and not to go to schools, offices, places of worship or public places.Some regions, such as Bandung in West Java, Balikpapan in East Kalimantan and Tegal in Central Java, are temporarily closing major roads and introducing curfews as rising number of cases begin to be recorded in provinces outside Java.Jakarta, the national epicenter of the outbreak, recorded on Monday 101 new cases, taking the number of confirmed cases in the city to 1,232 — more than half of the country’s overall tally.West Java, the second-hardest hit region among the country’s 32 virus-hit provinces, has reported 263 confirmed cases as of Monday, followed by East Java with 189 cases, Banten with 187 cases and Central Java with 132 cases.With many health workers also being infected, the government is working to ramp up production of personal protective equipment amid an increasing shortage.Yurianto has also called on members of the public to wear face masks when outside their homes, explaining that cloth masks would suffice to prevent transmission.”Surgical masks and N95 masks are only for health workers. We can just use masks we make on our own, no less than four hours every day, and we have to wash them with soap,” he said.last_img read more

Italy industrial output tumbles nearly 30% in March

first_imgItaly’s industrial production tumbled nearly 30 percent in March as the country shuttered many businesses to contain the spread of the new coronavirus, the nation’s statistics agency said Monday.Production fell by 28.4 percent compared to February using seasonally adjusted figures and by 29.3 percent compared to March 2019 adjusting for the different number of working days, Istat said.Italy, home to the eurozone’s third-largest economy, has been hard-hit with almost 30,000 deaths due to the virus, with the economy shrinking 4.7 percent in the first quarter compared to a eurozone average of 3.8 percent.Italy was the first country in Europe to be hit by the pandemic, with the March industrial production figures impacted by a nationwide lockdown imposed from March 10 and all non-essential production being shut down since March 22, essentially paralysing the economy.Topics :last_img read more

Juventus-bound Aaron Ramsey exposes Arsenal team-mates with lung-busting run before crucial Rennes goal

first_imgGuendouzi was partly to blame for Rennes’ third goal (Picture: Getty)However, Nacho Monreal lost the ball from a throw-in deep into the Rennes half and the French side quickly counter-attacked on the Gunners.Rennes had a five-on-five counter in the 89th minute but Monreal was nowhere to be seen as the 33-year-old Spaniard struggled to get back into position.Matteo Guendouzi had been brought on before Ramsey but the Frenchman failed to sniff danger at Monreal’s back post and casually jogged back as Rennes pushed the ball out wide.Just look at the difference between Ramsey and Guendouzi running back for that third goal. #RENARS #AFC— (@Gunnersc0m) March 7, 2019However, Ramsey saw the move developing a busted a gut to burst past Guendouzi and challenge the cross that was whipped in.Unfortunately for Ramsey, his efforts were not rewarded as Ismaïla Sarr headed in a crucial third goal.Nevertheless, the Juventus-bound midfielder showed the guts and determination that’s so often lacking in this Arsenal side…Guendouzi was well ahead of Ramsey when Rennes brokeGuendouzi casually jogged back but Ramsey sniffed the danger….Ramsey busted a gut to fill in at the back post….Ramsey almost caught up with Sarr but the winger headed in to make it 3-1…MORE: Unai Emery ‘confident’ of overturning 3-1 Europa League defeat to Rennes Comment Advertisement Juventus-bound Aaron Ramsey exposes Arsenal team-mates with lung-busting run before crucial Rennes goal Advertisement Aaron Ramsey shows no signs of letting up despite agreeing to join Juventus (Picture: Getty)He may be heading for Turin this summer but Aaron Ramsey showed his focus is still very much on Arsenal during the side’s defeat to Rennes.The Gunners took an early lead in France through Alex Iwobi but collapsed after a red card was issued to Sokratis on the half-hour mark for two bookable offences.Rennes grabbed an immediate equaliser and were ahead after the break when Nahco Monreal put past Petr Cech when a cross deflected off him.Unai Emery started Ramsey on the bench but made the peculiar decision to take off Pierre-Emerick Aubameyang in order to put the Welshman up front.AdvertisementAdvertisementADVERTISEMENTWith the Gunners down to 10 men and trailing 2-1, they were expected to settle for the one-goal deficit and take Rennes back to the Emirates next Thursday, where they’d be overwhelming favourites. Metro Sport ReporterThursday 7 Mar 2019 9:56 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link940Shareslast_img read more

Pension funds for East Riding, Surrey and Cumbria in £9bn pooling talks

first_imgThe local authority pension funds for East Riding, Surrey and Cumbria are in talks to launch an investment partnership, pooling £9bn (€12.3bn) in assets.The three English local authority funds said the multi-asset pool could grow to as much as £20bn, as talks continue with other local government pension schemes (LGPS) ahead of a government consultation on pooling expected for later this month.The proposal follows on from eight funds in the South West of England exploring the creation of a £19bn asset pool, the launch of a collective investment vehicle backed by most of London’s local authorities, and the eight Welsh local authority funds agreeing to jointly procure a passive equity manager.Mel Worth, chairman of the £2bn Cumbria County Pension Fund, said the scheme was keen to “marshal [its] future by seeking like-minded partners to pool with” in the wake of chancellor of the Exchequer George Osborne’s announcement in July that he wanted to see pooled vehicles to cut costs “significantly”. “The speed,” Worth said, “in which we have managed to move towards developing a solution to pool assets speaks volumes about the similarities of the funds but more crucially about the desire of those involved to collaborate and make this a success.”Denise Le Gal, chair of the £3.2bn Surrey County Pension Fund, highlighted the opportunities to reduce costs through the pooling exercise and noted that it would help boost exposure to domestic infrastructure.Osborne pledged in October to focus on infrastructure when he said pooling would allow billions to be invested in regional projects.At the time, the UK Treasury said that if the LGPS asset pools were to “follow international norms”, their infrastructure exposure would need to increase – potentially by building in-house capacity.East Riding Pension Fund, the largest of the schemes publicly linked to the venture, with £3.6bn in assets, already employs in-house management staff.John Holtby, the fund’s chairman, said its in-house capacity meant it was committed to “sharing expertise, reducing costs and delivering expected returns”.For the 2013-14 financial year, East Riding managed 75% of assets internally.The £2.4bn was largely invested in equities, accounting for nearly 60% of internal assets.The team also oversaw fixed income worth £420m, UK property holdings worth £206m and a £376m alternatives portfolio, comprising distressed debt fund holdings, infrastructure and private equity.Its total management costs stood at £1.6m, or 0.06%, compared with £1.9m, or 0.23%, paid to sole external manager Schroder Investment Management.Schroders was responsible for running half of East Riding’s corporate bond portfolio, 40% of the European equity portfolio and North American, Japanese and emerging market equities.East Riding’s in-house experience leaves open the possibility of its managing assets on behalf of other members of its asset pool.Scotland’s Lothian Pension Fund already advises fellow local authority fund Falkirk on a £30m infrastructure portfolio.It has now confirmed it would like its in-house team to compete for private sector mandates once it has been authorised by the Financial Conduct Authority.last_img read more