Marcus explains: “These business often have venture capital investors that have a lot of faith in the business and its long term growth story. Therefore, they don’t wanted to be forced, by regulation, to sell 25% of the business in order to get the IPO. Over the last couple of years we’ve actually had a much stronger IPO environment.
A few days later I came home and found the scarf lying on my bed. When I said to my mum, is that weird scarf back on my bed again I gave it to charity? she reminded me that she had made me it when I was younger. I don think I have ever felt so horrible in my entire life.
Us kids would go into a cubicle at the side of the pool, leave the door slightly ajar and stand up on the bench so that our feet couldn’t be seen. An attendant used to ‘check’ that the cubicles were empty (he obviously didn’t do it very well!) He didn’t push the cubicle doors right open. Once he had gone for his lunch, out would come our packed lunch and we would sit in the cubicle to eat it.
Sponsored article: Curo creating profit for purpose”What’s important is that every penny of profit we make goes straight back into providing great homes, supporting communities and improving lives.”09:00, 8 JUN 2017Curo’s housing delivery programme has so far seen more than 1,300 new homes created across the region Most people living or working in Bath will know someone who’s struggled to find somewhere affordable to live. The facts about local housing are powerful: in B house prices are almost 12 times the average salary, private rents are the highest in the region and Business West estimates that we need to build 132,000 homes in the West of England over the next 20 years to meet demand.Housing associations are working to bridge the growing gap between supply and demand, with 29% of all new homes in the UK being built by associations like Curo.Sponsored article: Curo A housing association in the heart of BathNational government’s support for social housing has changed in recent years, and as funding has decreased housing associations have been asked to do more.With a track record of providing new homes for local families, Bath based housing association Curo decided to focus on continuing to build the affordable housing our city needs.But without government funding, they needed to start doing things differently, as Gerraint Oakley, Managing Director of Curo’s house building division, explains: “In 2012 we set up our own house building team with a clear objective to create ‘profit for purpose’. Curo has no shareholders instead of paying out dividends, we reinvest our profits to deliver our social mission.”This means we build houses to sell on the open market and use the income to subsidise the provision of new affordable homes.