Kevin McCloud faces his own grand design as housing firm at risk of insolvency

The Grand Designs presenter, Kevin McCloud, could be facing a fresh crisis after it emerged that his flagship housing company may be at risk of being forced into insolvency.

Were that to happen, it would deal a heavy blow to the hundreds of small shareholders who invested between £100 and £150,000 each in the eco-friendly homes business, and who have already had to contend with plenty of bad news.

One of them, Robin Brookes, put £5,000 into McCloud’s company HAB Housing after it launched an equity crowdfunding campaign in 2013. “It is starting to look like I will be getting nothing back at all,” he said.

In the latest annual email to Brookes and the other HAB Housing investors, McCloud apologised for the fact he was not able to write “with sparkling good news”.

He revealed that HAB Housing owed £1.2m to another firm in his property empire, HAB Land,

Read More

Pimental leaves Bisnow for Spectrum News 1

Joseph Pimental

Joseph Pimental, a senior business reporter for real estate news site Bisnow, has left for a job as a digital producer for Spectrum News 1 in Southern California.

Pimental is now covering business, real estate, human interest and general assignment news in the Los Angeles and Orange County region.

He was with Bisnow since November 2017 covering real estate in the area. Before that, he worked at the Orange County Register covering the city of Anaheim and Disneyland.

He also previously worked for the Asian Journal in California.

Read More

Indecent Proposals

This is a subject that I have written about before, but it cropped up again during a conversation with someone I spoke to recently for the first time in a while.

The person concerned runs a B2B field sales team (circa 100 people) and wanted to engage a company that could help them improve the quality (and conversion rate) of their sales team’s proposals.

They had meetings with 3 organisations, all professing to be proposal writing experts. Scope presented, potential suppliers fully briefed, response dates agreed, they waited for the proposals to arrive, here’s what happened,

  • 2 arrived later than the agreed response date
  • 1 did not include a firm price
  • 1 offered 3 different options, but no recommended solution
  • 1 did not include an Executive Summary
  • 2 had more content about themselves than about the customers requirement.

With a shrug of disappointment, they decided that their own team’s sales

Read More

Bristol is worst UK city for broadband outages with 169 hours a year lost

Almost five million businesses and consumers have suffered a broadband outage lasting more than three hours in the last year.

Bristol has been named Britain’s “outage capital”, with homes that have been hit by outages suffering on average 169 hours a year of internet loss, which is equivalent to seven full days. The typical UK home that does experience outages is offline for 29 hours a year, according to a new report by Uswitch.com, the utility comparison site.

The longest single outage was recorded in Leeds, with residents reporting an internet failure that lasted more than 54 hours, while London had the most instances of outages with at least seven over the last year.

“Close to five million people suffered the frustration of a broadband network outage of three or more hours last year,” said Nick Baker, broadband expert at Uswitch.com. “Lockdown life has made all of us rely on

Read More