Archive

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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