In her first months of freelancing, Jesuena Estoque Reimer was writing proposals and hearing nothing back. Today the agency she founded serves more than 300 businesses across 14 countries. On Tuesday she is running a free masterclass with Shanine Velarde, her chief operating officer, where they will show exactly how it happened — including the proposals that failed — and answer questions live.
Jesuena Estoque Reimer, founder and CEO of Mindflows
Everyone who has tried to build a career online remembers the silence.
You write the proposal. You read it twice. You send it, and then you wait, checking your phone more often than you would admit to anyone.
That was Jesuena Estoque Reimer’s 2022. A laptop, an account on a freelancing platform, and nobody in the industry who knew her name.
Advertisement
“I wrote so many proposals in those first months,” she says. “Most of them went nowhere. I was not lazy and I was not stupid. I just had no idea what I was doing wrong.”
Four years later, the agency she built from that account is ranked the number one Softr partner in the world. Mindflows has delivered more than 11,000 hours of work to over 300 businesses across 14 countries, building the internal systems that property firms, clinics, schools and logistics companies run on every day. Her freelancing profile carries Expert-Vetted status with a 100 percent job success score. In 2025 her team won the Softr Showdown, a global competition among builders on the platform, and this year she was invited to speak at Berlin AI Day.
And she no longer writes proposals.
“The clients come to us now. That did not happen by accident, and it did not happen because I got lucky. Something specific changed, and I can explain exactly what it was.”
Advertisement
She is Filipina. She began at home, alone, with no connections whatsoever.
One of her earliest hires took a similar road. Shanine Velarde, now Mindflows’ chief operating officer, started freelancing during the pandemic by handing out calling cards to find her first client. No portfolio, no network, nobody to vouch for her either. She reached Top Rated with a 100 percent job success score, then moved out of client work altogether to run operations across the whole agency.
“We came from the same place,” Velarde says. “That is why we talk about this the way we do. Neither of us was discovered. We figured it out slowly, and we got a lot of it wrong first.”
Shanine Velarde – Chief Operating Officer
The reputation is real. The job is changing under it.
Reimer is quick to point out that Filipino virtual assistants did not arrive at their global reputation by accident.
“Filipinos are genuinely among the most sought-after VAs in the world, and that is earned. The communication, the reliability, the care for the client’s business. I have worked with people who caught problems before the client did, and who stayed through the parts of a project nobody enjoys. That reputation took years to build and it is deserved.”
Advertisement
What concerns her is not the reputation. It is that the job underneath it has quietly changed.
“Two or three years ago, a client hiring a VA wanted someone organised who could take work off their plate. That was the role. Now the same client assumes you already know how to use AI tools properly, that you can set up the systems their business runs on, and that you can figure out a new platform without being walked through it.”
Those expectations, she says, are not always written into the job post. They show up in who gets shortlisted.
“Nobody announces it. You just notice that the replies stop coming, and you cannot work out what changed. It is not that you got worse. The role moved.”
Advertisement
For people trying to start now, she believes the entry point has genuinely narrowed.
“Starting today is harder than when I started, and I want to be honest about that. There are more people applying, and clients expect more technical ability from day one. The good news is that the skills involved are far more learnable than they sound. Most of them are not coding. They are knowing which tool does what, how to work with AI without letting it embarrass you in front of a client, and how to build something a business can actually use.”
The part nobody teaches
Ask what actually turned her career around and Reimer does not say she started working harder.
“Filipinos already work hard. That was never what was missing. I was replying to messages at midnight and taking calls at four in the morning, and it moved nothing.”
Advertisement
Two things changed. The first was what she could build. The second, which she insists mattered just as much, was how she approached people.
“My early proposals were terrible. Polite, sincere, and entirely about me. Hardworking, detail-oriented, available immediately. I sent that message again and again and heard nothing, and I could not understand why.”
The one that finally worked looked nothing like it.
“It was shorter. It was about their business instead of mine. And it asked for something small enough that a stranger could say yes without having to think about it.”
Advertisement
That difference — between asking for a job and starting a conversation about a problem — is what she believes separates the freelancers who stay stuck from the ones who move past it.
“There are a thousand tutorials on tools. There is almost nothing honest about how you actually find the person who will pay you.”
Velarde says the same gap nearly stopped her at the beginning.
“I was handing out calling cards because I genuinely did not know there was another way. Nobody explains where clients actually are, or what to say when you find them. You just guess, and you waste months guessing.”
Advertisement
Opening the whole thing up
On Tuesday, Reimer is running a free masterclass through JobTayo Academy, which she founded with Velarde. Velarde will be on the call with her.
They intend to go through it properly. The proposals that got replies, placed next to the ones that were ignored. Where they found clients and where they lost months looking in the wrong places. What they charged at the beginning, what they charge now, and what they would do differently starting again this year.
The last part of the session is reserved for live questions.
“People can ask us anything,” Reimer says. “How to price. What to do when a client goes quiet. Whether their situation is too far behind. We will answer it on the call, not in a follow-up email.”
Advertisement
“Everything we know, we learned by getting it wrong first,” Reimer says. “There is no reason the next person should lose a year the way I did.”
They will also go through which specific skills clients are now asking for, and which ones have quietly stopped being enough on their own.
“It is not that one group of Filipinos is more capable than another,” she says. “One group found out what changed and adjusted. The other has not been told yet. That is the whole gap, and it closes faster than people expect.”
What comes next
The masterclass is free, and Reimer is clear that it is a beginning rather than a one-off.
Advertisement
JobTayo Academy is being built to give Filipinos a way to prove what they can do — not a certificate for watching videos, but assessed work and a portfolio a client can open and judge for themselves.
The name was chosen with care. In Filipino, kami means us, but not you. Tayo means us, and you are included.
“Filipinos are already trusted for this work. I want us to be trusted for the harder, better-paid version of it too,” she says. “We are more than capable of that. What is missing is the training, and access to it.”
Asked what she hopes people leave with on Tuesday, her answer is not about tools.
Advertisement
“That being behind is not the same as being incapable. Most of the people I meet are a few months of the right learning away from doubling what they earn. Nobody has ever sat them down and told them which few months.”
How to join
JobTayo Free Masterclass — Freelancing in 2026
When: Tuesday, 18 August 2026, 7:00 PM Manila time Where: Online, live, with Q&A Cost: Free
Open to Filipinos at any stage — those who have never worked online, and those who have been virtual assistants for years.
OpenAI has chosen to rename new versions of artificial intelligence tools widely known as agents. They are now being called “dots.”
Company boss Sam Altman, speaking in San Francisco on Tuesday during OpenAI’s yearly event for technology developers, referred to “dots” as “remarkably capable, always-on agents that can handle really anything you can think of.”
OpenAI in recent months has come under intense scrutiny as internal tests of its AI agents have revealed often unexpected and occasionally harmful actions, leading to more public and government fears.
Dots, however, were pitched as brightly colored cute cartoons meant to function as digital assistants for people with busy lives.
Advertisement
The dots, Altman said, “can handle really anything you can think of.”
A glossy video was shown during the event, with people speaking to and naming animated versions of their “dots,” then giving them various tasks, like building a website and booking afterschool activities for their children.
Speaking about “my dot,” Altman almost entirely eschewed referring to the tool as an agent, which has been in common use for years. AI agents are essentially AI chatbots that are programmed to operate somewhat autonomously.
“You just give your dot a responsibility… and your dots will just get to work and keep working,” Altman added.
Advertisement
The day prior to OpenAI’s Tuesday event, the company said it was delaying the launch of its latest model due to certain safety issues that showed up during internal testing.
Since July, the company has been dealing with a series of issues with its AI agents acting improperly. It has faced unprompted hacking into the AI platform Hugging Face, posting to third-party websites images that AI agents took from ChatGPT user chats, and accessing non-public information maintained by the Australian government.
OpenAI, as well as rival AI firm Anthropic, previously delayed public release of certain AI models due to potential risks, mostly pertaining to cybersecurity or hacking concerns.
Both companies also expect to be listed on the public stock market in the coming months. Anthropic likely will do so this year, while OpenAI is poised for 2027.
Advertisement
And both companies have lately been clear that they believe AI poses a genuine risk on a large scale, be it to public infrastructure or public safety.
Speaking last week to the UN, Altman pleaded for “national and international” AI standards on measuring the capabilities of an AI tool, assessing related risks, AI safeguards, and the degree to which human oversight over such tools is maintained.
Dario Amodei, the head of Anthropic, told the UN that if the speeding development of AI was not properly managed and overseen, future versions of the technology “could be a risk to humanity as a whole.”
UK Chancellor of the Exchequer John Healey has compared Nigel Farage’s fiscal policies to a “BTC account” handled by one of the UK’s most financially irresponsible prime ministers.
UK Chancellor of the Exchequer! “Don’t make me laugh,” John Healey has compared Nigel Farage’s fiscal policies to a “BTC account” handled by one of the UK’s most financially irresponsible prime ministers.
This is from Healey the most useless piece of communist crap ever appointed to this position. This man is really as stupid as they come. Support the British people? NO, he supports the communist socialist failed agenda and the EU, like the rest of Labour’s traitor MPs. Certainly not you the British people, and you voted for the new Communist socialist Islamic republic of Britain.
Now he and Burnham are going to piss all over you while calling for another referendum on rejoining the dictatorship called the EU, OH, AND THEY WILL USE THE WORD DEMOCRACY, SOMETHING THEY DON’T SUPPORT AND NEVER HAVE.
Advertisement
Healey’s jab at the Reform leader during Labour’s 2026 party conference referred to the perceived economic failure of the UK’s shortest-serving prime minister, Liz Truss.
Truss’s financial policies were widely criticised for their negative impact on financial markets. This led to a rebellion from several Tory MPs, and she was forced to resign within 44 days of her premiership.
Healey appeared to suggest that a “BTC account” is an equally financially irresponsible form of finance, and that only by pairing it with Truss would you recreate the “fantasy funding” ideals of Nigel Farage.
Healey’s comments upset a lot of Bitcoiners, who claimed his “derogatory” description of a “BTC account” demonstrated “staggering ignorance.”
Advertisement
Freddie New, CEO of the BTC Lightning transaction fee firm B HODL, said Healey is “gleefully ignorant that he thinks it is possible to have a ‘BTC account.’”
UK podcaster Peter McCormack said, “Healey making a dismissive joke about Bitcoin shows that he likely has a woeful understanding of economics, particularly scarcity.”
Most criticisms were technical and took offence at the use of the word “account,” which contrasts with the phrase “crypto wallet” used by crypto holders.
Healey wants a ‘new age of industrialisation’
Advertisement
Healey was defence secretary under Sir Keir Starmer’s leadership before he resigned in June. He argued that the government wasn’t willing to spend enough on national defence.
During yesterday’s conference, Healey announced new measures to support a “new age of industrialisation,” which includes a £300 million investment from Rolls-Royce toward its factories, and £6 billion in government contracts to build new submarine docks.
A so-called “Union Learning Fund” was also announced, as were a National Wealth Fund to help create 130,000 jobs by 2030, and a £100 million-backed local apprenticeship scheme.
Got a tip? Send us an email securely via Protos Leaks. For more informed news and investigations, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.
El Pollo Loco will open its first New York City restaurant next year as the California chain looks to become a national player.
El Pollo Loco has closed three development agreements for a total of 15 restaurants in the New York area over the next five years, the company announced on Tuesday. The first location will open in Queens in mid-2027.
Founded in Mexico in 1975, El Pollo Loco opened its first U.S. restaurant in Los Angeles. The majority of its locations are still concentrated in California, but its footprint has grown to more than 500 restaurants across 10 states. It is best known for its bone-in grilled chicken, although its menu has grown.
CEO Liz Williams wants to make El Pollo Loco into a national chain. To expand outside its Southwestern stronghold, El Pollo Loco will open restaurants on the East Coast and then move its way back to the West, she said.
Advertisement
To succeed in new markets, the chain will have to build its brand awareness in a crowded space where consumers are watching their budgets.
“Being a 50-year-old brand, people have seen it over the years and have always had that curiosity, but we have our work cut out,” Williams said.
Under Williams’ leadership, El Pollo Loco has embarked on a turnaround focused on modernizing its restaurants and expanding its menu into more convenient options, like wraps and chicken tenders. The efforts have started to pay off for the chain, which has reported three straight quarters of same-store sales growth.
“In the current quarter, we’ve expanded margins, and the business model is healthy overall,” Williams said. “The brand has gotten even stronger and healthier.”
Advertisement
El Pollo Loco has also been expanding quickly during her tenure. When she began in March 2024, the chain was in just six states. Now, it is in 10. And while it opened nine restaurants last year, El Pollo Loco is projecting 10 to 18 new locations by the end of 2026.
Investors like the company’s trajectory. Shares of El Pollo Loco have climbed 44% over the last year. The S&P 500 rose more than 15% over the same period.
Its comeback coincides with a challenging time for the restaurant industry. Burger and taco chains have been facing soaring costs for beef. Consumers have been dining out less frequently to save money, which has intensified competition between eateries.
El Pollo Loco has also had to contend with more competition as restaurants aim to cash in on growth in the chicken category. McDonald’s and Taco Bell — Williams’ former employer — have expanded their chicken options in recent years, fueled by consumer market research. And chicken-focused chains have been expanding quickly, from newcomer Dave’s Hot Chicken to Southern names like Zaxby’s and Raising Cane’s.
Advertisement
In 2024, El Pollo Loco was the eighth-largest chicken chain by U.S. sales, with 2.1% market share, according to Barclays.
But with its focus on grilled chicken and Mexican-inspired flavors, El Pollo Loco stands out from the crowd, Williams said.
“Everyone is talking about wanting to eat a little better and really thinking through their choices,” Williams said. “Everyone loves fried chicken … However, in terms of what you’re able to eat every single day, grilled chicken is just a better option.”
The expansion news comes as El Pollo Loco shakes up its leadership.
Advertisement
The company on Friday said in a regulatory filing that Damon Thomas will join the company as chief operating officer. He joins the company from Shake Shack.
Tara Hinkle was also recently tapped as the chain’s new chief development officer. She previously held roles at The Coffee Bean & Tea Leaf, Taco Bell and Starbucks before joining the company in July.
Correction: This story was updated to reflect that Williams said the company’s brand has gotten stronger and healthier. A previous version misquoted her.
Severe flooding in Bangkok and surrounding provinces is projected to reduce Thailand’s 2026 economic growth by 0.3 percentage points, lowering estimates to 2.1%. Immediate losses are estimated at 11 billion baht nationwide, with some assessments ranging up to 33.8 billion baht, and Bangkok bearing the largest share of damage.
The capital experienced significant rainfall that overwhelmed drainage systems, disrupting transport, commerce, and supply chains, particularly affecting small businesses. The government declared special holidays to ease pressure, while banks introduced relief measures. The final economic impact depends on how quickly flooding subsides and whether further disruptions occur.
Thailand’s latest flooding could reduce annual economic growth by 0.3 percentage points this year, as widespread disruption across Bangkok and surrounding provinces weighs on businesses, transport and household spending.
The flooding could lower Thailand’s 2026 growth rate to 2.1%, from an earlier estimate of 2.4%, according to economist Aat Pisanwanich, who was quoted by Reuters in a recent article. Third-quarter growth could decline by approximately 0.5 percentage points to 1.7%.
Advertisement
The immediate economic losses have been estimated at 11 billion baht, or approximately $320 million, nationwide. A separate assessment by Rangsit University placed the potential losses between 16.9 billion and 33.8 billion baht, with a moderate-damage scenario reaching 25.345 billion baht.
Bangkok is expected to bear the largest share of the losses, at approximately 10.586 billion baht. The estimate covers the period from September 24 to 27 and includes disruptions to commerce, services and travel.
Bangkok bears the largest impact
The capital received around 320 millimetres of rain over two to three days, overwhelming drainage systems and flooding entire neighbourhoods. Water levels began to recede in several areas after the rain eased, but residents in some communities remained stranded or dependent on evacuation centres, as was reported by varoius medias like Internazionale.
The economic impact has extended beyond direct damage to buildings and vehicles. Businesses have faced difficulties moving workers, receiving supplies and delivering products, while shops in flooded areas have struggled to reopen.
Advertisement
Transport interruptions have also reduced consumer activity. Residents unable to travel to work or commercial districts have postponed purchases, while companies have incurred additional costs for alternative routes, temporary closures and emergency repairs.
The government declared special holidays for civil servants in Bangkok and three surrounding provinces on September 28 and 29 in an attempt to reduce travel and ease pressure on the transport system. However, the measure also reflects the scale of the disruption facing the Bangkok metropolitan area.reuters
The Stock Exchange of Thailand will continue operating during the special holidays, maintaining trading on the SET, mai, TFEX, LiVEx and related platforms. The decision is intended to preserve financial-market continuity even as parts of the capital remain affected by flooding.nationthailand
Pressure on supply chains
In the other hand, the Federation of Thai Industries has warned companies to protect workers, review transport routes and prepare for further disruption. Water levels in reservoirs and canals remain a concern even after rainfall has eased in parts of the country.
Advertisement
The risk is particularly significant for businesses that depend on just-in-time deliveries. Delays affecting warehouses, roads, ports or industrial facilities can spread quickly through supply chains, even when the original flooding is concentrated in a limited number of districts.
Banks have begun offering relief measures to affected households and companies. Krungthai Bank and Export-Import Bank of Thailand are providing repayment assistance, lower interest rates and additional liquidity to customers facing losses or cash-flow problems.
Those measures could prevent temporary disruption from becoming a wider credit problem. However, debt relief cannot replace lost inventory, damaged equipment or the income businesses lose during forced closures.
The flooding has also exposed differences in economic vulnerability. Large companies may have insurance, backup facilities and alternative suppliers. Small businesses and informal operators often have fewer reserves and are more likely to face a permanent loss of income after several days without sales.
Advertisement
Growth outlook becomes more fragile
The estimated 0.3 percentage-point reduction in annual growth would not by itself push Thailand into recession. But it adds another obstacle to an economy already dealing with moderate expansion, high household debt, external uncertainty and persistent energy costs.
The final impact will depend on how quickly water levels fall and whether additional rainfall causes a second wave of disruption. A rapid recovery could limit the damage, while prolonged flooding could increase losses through reduced production, weaker consumption and delayed investment.
For now, Thailand’s economic response is focused on drainage, emergency assistance and financial relief. The next stage will be more difficult: restoring businesses, repairing infrastructure and determining whether the country’s cities and supply chains are prepared for increasingly frequent climate shocks.
The final economic cost remains uncertain. The Federation of Thai Industries has warned that disruption can spread through supply chains, affecting raw-material deliveries, worker mobility, warehouses and machinery. At the same time, economists have stressed that a rapid recovery in affected areas would limit the damage, meaning the duration of the flooding is now more important than the initial rainfall event.
Advertisement
The floodwaters may recede within days. The economic consequences will last longer, particularly for smaller businesses that cannot afford another interruption before the recovery from this one is complete.
The episode also exposes a longer-term investment issue. Bangkok’s vulnerability to extreme rainfall creates recurring costs for retailers, manufacturers, logistics operators and property owners. Beyond emergency relief, businesses and policymakers face increasing pressure to invest in drainage capacity, flood barriers, water-management systems and continuity planning.
After two difficult years for Indian equities, there is scope for reasonable returns as valuations turn less demanding, according to senior market participants who spoke to ET. Large caps look better placed, while the outlook is more cautious on mid- and small-caps. Financials, manufacturing and consumption are among the preferred themes, while views on technology are sharply divided
NEELESH SURANA, CIO, Mirae Asset Mutual Fund
MARKET OUTLOOK: India looks better positioned than sentiment suggests and is a natural hedge against crowded AI trade. Valuations are no longer a headwind, while domestic fundamentals are sound. Any global trade rotation could be meaningful. Key risks are elevated crude, rising developed market bond yields, El Niño and heavy equity issuance. Overall, we expect low-teens returns. PREFERRED INVESTMENT STRATEGY: Our strategy is a barbell, combining quality stocks with strong earnings upgrades at sensible valuations with holding sector leaders that have corrected over the past two years and are now in value zone.
THEMES LOOKING ATTRACTIVE: Banking, consumer discretionary, healthcare and manufacturing. Sector leaders, impacted by FPI selling over the last two years, are now attractive.
THEMES TO STAY AWAY FROM: Slow-growth or disruption prone sectors like consumer staples and IT. Cautious on narrative-driven, richly-valued sectors like capital goods.
JANAKIRAMAN RENGARAJU, CIO – India Equities Templeton Global Investments
MARKET OUTLOOK: The 12-month base case for Indian equities may not be quite euphoric, but it is constructive. Largecap valuations are more reasonable, while higher mid- and small-cap multiples call for greater prudence. Globally, the picture has deteriorated. Unresolved conflicts have entrenched inflationary pressures, while rising interest rates and heavy fiscal debt reinforce each other. Tariff uncertainty continues to cloud trade growth, while questions are emerging over the viability of massive AI investments, even as enthusiasm and valuations remain elevated.PREFERRED INVESTMENT STRATEGY: Adopt a tone of ‘cautious optimism’ over the medium term.
THEMES LOOKING ATTRACTIVE: Financials, industrials and capital goods, consumption and electronic manufacturing, which are linked to capex pick up, rising affluence and credit growth.
THEMES TO STAY AWAY FROM: Avoid expensive small and mid-caps with weak cash generation and businesses dependent on endless equity funding.
MARKET OUTLOOK: Economy remains in good shape, while valuations are now neutral. This should translate into reasonable market returns broadly in line with earnings growth.
PREFERRED INVESTMENT STRATEGY: Don’t chase narratives that have already played out, rather look at sectors that have been underperforming since the last 2-3 years.
Advertisement
THEMES LOOKING ATTRACTIVE: Private banks, insurance companies, automobiles and cement.
THEMES TO STAY AWAY FROM: Careful about companies where promoters are diluting (either through primary or secondary sales) or where private equity is selling, including IPOs. Promoter dilution and PE sales happen when performance and valuations are close to peaks. Cautious on metals, IT and FMCG. For IT, the problem is not AI but the fact that Indian listed companies are losing market share to GCCs set up in India.
R SIVAKUMAR CIO, Axis Mutual Fund
MARKET OUTLOOK: The outlook is constructive. Economic slowdown over the last few quarters appears to be more cyclical than structural. Valuations in parts of the market remain elevated, particularly within mid- and small-caps.
PREFERRED INVESTMENT STRATEGY: Alpha generation is likely to come from selective stock picking rather than broad market direction. A balanced approach across largecaps, which offer valuation comfort and resilience, and select mid-cap opportunities, which continue to deliver superior earnings growth, remains appropriate.
THEMES LOOKING ATTRACTIVE: Constructive on manufacturing, power and electrification, energy transition, select financials, particularly banks and capital-market-linked businesses, as well as export-oriented companies.
Advertisement
THEMES TO STAY AWAY FROM: Investors should avoid chasing momentum in overcrowded themes. In technology, we remain watchful of disruptions and pricing pressures emerging from AI-led changes in the global IT services landscape
SHANKAR SHARMA, Founder, GQuant
MARKET OUTLOOK: Barring occasional rallies, I do not see the Indian markets outperforming the world or even the peer group. The Vaibhav Suryavanshi Syndrome afflicts Indian companies: domestic success is mistaken for globally transferable skill. Largecaps have thrived on India’s easy pitch, building market capitalisation rather than global scale and brands. When domestic growth fades, competing overseas will require an entirely different mindset. There will be pockets where money is going to be made; but in aggregate, Indian returns will disappoint for the coming year.
PREFERRED INVESTMENT STRATEGY: The future of the Indian stock market lies in getting “techified”. Tech has been my theme in the last 2 years since the bear market started in India and I have actually made money even in this very-very tough market. This is not going to change anytime soon. Pharmaceuticals is also going to be a good place to be in.
THEMES LOOKING ATTRACTIVE: For me, tech is 80% of the allocation and pharma is 20% and there is nothing else that I am interested in India.
THEMES TO STAY AWAY FROM: Companies which service the domestic Indian consumer. That trade is on its way out and this is not where I would deploy a lot of capital.
The firm has relocated to the South Gate House office scheme
18:41, 28 Sep 2026Updated 18:48, 28 Sep 2026
The Cardiff team of Hazlewoods
Accountancy and business advisory firm Hazlewoods has relocated to larger offices in Cardiff to support expansion plans.
Having set up its first office in Wales at the Capital Tower office building in 2024, it has now moved its team of 34 to South Gate House.
Tom Davies, director at Hazlewoods Cardiff, said: “This is an exciting step for Hazlewoods and reflects the progress we have made since launching in the city less than two years ago. We have built a very strong team here and have been really encouraged by the response from both new and existing clients, reflecting our commitment to developing deep relationships across the region.
Advertisement
“The new office gives us the space to continue growing while maintaining the collaborative approach that is such an important part of the way we work.”
Bruce Black, corporate tax director, said: “This move creates the environment we need to continue finding and developing local talent to build the team, while maintaining the high level of service our clients expect from Hazlewoods. It reflects just how positively the Cardiff office has developed in such a short space of time.
“The team in Cardiff has done a great job of growing the business and I look forward to seeing that continue. We have the expertise, ambition and people to build a really strong presence in Wales, and the new office gives the team a great base from which to do that.”
Hazlewoods is one of the largest independent accountants and business advisers in the South West and Wales, with more than 600 employees and a growing presence in Cardiff, alongside its offices in Cheltenham and Bristol.
Advertisement
The firm provides audit, accounting, tax and advisory services to corporate and private clients and is particularly well known for its specialist sector expertise across the UK. Last year, the firm recorded a turnover of £54.3m.
Its managing partner, James Morter, said: “It has been very gratifying to see the way that Hazlewoods has been welcomed into Cardiff. Early on, we identified a gap in the Welsh market for a firm of our size and experience, and when you combine that with the talent pool in the city, it felt like a natural next step.”
Property advisory firm Knight Frank represented Hazlewoods on the deal, while its building consultancy team supported the fit-out of the new space.
Mark Sutton, office agency partner at Knight Frank’s Cardiff office, said: “Hazlewoods was looking for a space that could support its continued growth in Wales, while offering excellent connectivity and the flexibility to create a workplace suited to its needs.
Advertisement
“South Gate House provided the right combination of quality space and a prime city-centre location, and it has been a pleasure to support the team through the move.”
For the US economy, a ban could deliver short-term relief at the pump by flooding the domestic market with excess supply.
However, energy analysts warn it could backfire.
David Fyfe, chief economist at Argus Media, notes that cutting off American supply would likely cause international prices to skyrocket.
That would push up global freight, food, and industrial costs, ultimately “feeding inflation back into the global economy”.
Advertisement
“At a stroke, the US’s reputation as a reliable supplier of energy to the world would be shot,” Fyfe added.
Removing more than a million barrels of daily American supply would trigger a fierce bidding war among importing nations in Latin America and Europe.
Sarah Raffoul, analytics manager at Argus Media, noted that while higher international prices would eventually curb demand, the immediate gap would severely strain trade relationships and accelerate global inflation.
as a Reliable and Trusted News Source
You must be logged in to post a comment Login