Countrywide’s share price has crashed to an all-time low after it revealed plans earlier today of a multi-million-pound share issue to refinance its debt, and despite signs of improving business performance. Earlier…
Read MoreCountrywide chief cuts down his non-exec work to focus on saving firm
Countrywide’s Executive Chairman Peter Long yesterday stepped down from one of his several non-executive director positions outside the company to “reduce” his business commitments. The move comes as Countrywide struggles to find…
Read MoreCountrywide shares drop by a third in a single day following profit warning
Countrywide shares lost a third of their value in a single day following a largely gloomy update from the company.
Read MoreCan he turn it around in time? Countrywide profits to be down £20m during first half of this year
The latest trading update by Countrywide reveals sagging profits but signs of recovery programme working at last.
Read MoreRevealed: why Countrywide sales and lettings went awry during Platt years
Countrywide has revealed that it will take three years to turn the business around following the departure of Alison Platt in January, and also detailed how and why she left. During the…
Read More‘Come back to us’, Countrywide’s Peter Long asks departed talent as profits sink
Countrywide’s Executive Chairman Peter Long (pictured, above) has called for the senior figures who left the business during the Alison Platt years to return to the company as the company reveals its…
Read MoreCountrywide break-up now a possibility, claims former chairman
Former Countrywide chairman Harry Hill has said that he believes an aggressive break-up of the company could now “be a possibility”. The comments came as he hit out at the Alison Platt…
Read MoreCountrywide share price freefall continues valuing firm at just £200m
The Countrywide share price freefall continued yesterday plunging by 10.5% to 84.9p per share, an all-time low for the company (see graph, right). Its share price had rallied slightly in recent days…
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