Saied Hussain has been hand making tiles out of cement for over 50 years. He says he’s one of the last still doing this work in Egypt — most other workshops couldn't withstand competition from marble and ceramic tiles. We went to Cairo to see how his business is still standing. Saied does not have a website. He sells his tiles locally in Cairo.
Over the last several decades, a growing number of Americans have chosen to spend more time and money on swimming pools. Most pools can be found in California, Texas and Florida, but population growth in other Southern states is escalating the demand for pool construction and supplies. Pool Corporation, one of the largest pool supply distributers, has seen its stock price soar. Already in 2021, people are opening up their pools 20-30% earlier in the year than they did in 2020, which means they will need more chemicals and supplies to keep their pools swimmable. For now, demand is pretty strong.
(qlmbusinessnews.com via theguardian.com – – Thur, 8th July 2021) London, Uk – –
Rush to reopen and departure of overseas workers have caused problems in areas including transport, hospitality and construction
Britain’s employers are struggling with the worst staff shortages since the late 1990s, amid the rush to reopen from lockdown and a sharp drop in overseas workers due to Covid and Brexit.
Sounding the alarm over the risks to economic recovery from acute labour shortages, the Recruitment and Employment Confederation (REC) and the accountancy firm KPMG said the number of available workers plunged in June at the fastest rate since 1997.
Recruitment firms are reporting hiring challenges across several sectors of the economy, led by shortfalls in areas such as transport and logistics, hospitality, manufacturing and construction.
As well as the trouble recruiting chefs, kitchen porters, cleaners and warehouse staff recorded in previous months, the snapshot indicated that issues for employers were spreading to typically higher-paying sectors such as finance, IT, accounting and engineering.
“We need action from businesses and government to reskill and upskill furloughed and prospective workers now more than ever, as the increasing skills gap in the workforce has the potential to slow the UK’s economic recovery,” said Claire Warnes, head of education, skills and productivity at KPMG UK.
The rush to reopen after pandemic restrictions is leading to bottlenecks. Employers are finding added complications as fewer EU workers travel to Britain because of Covid-19 border controls and the government’s post-Brexit immigration rules.
According to the REC and KPMG survey of more than 400 recruitment firms, a sharp rise in hiring demand led to the unprecedented fall in the availability of candidates in June. Recruiters noted that increased hiring, Brexit, pandemic-related uncertainty and the furlough scheme all weighed on the number of jobseekers available.
Official figures show about 1.5 million workers are still furloughed with pandemic restrictions still limiting a full return to work, after the government pushed back the date for the end of most pandemic restrictions to 19 July and the Delta variant fuelled rising infections.
Rishi Sunak last week started to wind down the multibillion-pound jobs scheme, which is due to close at the end of September. At its peak almost 9 million jobs were furloughed during the first wave of the pandemic, with about 5 million in the wave in January this year.
Unemployment in the UK has fallen in recent months as firms scrambled to hire, dropping to 4.7%, or about 1.6 million people. The Bank of England forecasts that unemployment would rise to 5.5% after furlough ends. However, this is significantly below expectations last year that Covid-19 would drive up job losses at the fastest rate since the 1980s, leading to 12% unemployment.
In a sign of the growing pressure on companies, surveys from the British Chambers of Commerce published on Thursday showed 70% that had tried to hire staff in the three months to June had struggled to do so.
According to the poll of 5,700 companies, 52% said they tried to hire staff over the three months to June. The sectors with the biggest problems recruiting workers were construction, hotels and catering, and manufacturing.
Jane Gratton, head of people policy at the BCC, said part of the issue for employers was that skills shortages that had existed in Britain before the pandemic were becoming apparent once more as the economy reopened. “The encouraging increase in job creation across the manufacturing and services sectors is being held back by recruitment difficulties at all skill levels, jeopardising growth and productivity,” she said.
An estimated 1.3 million non-UK workers have left the country during the pandemic. Business leaders said easing post-Brexit immigration rules could help address shortages, but also called for further investment in skills and training from the government to increase the numbers of domestic candidates.
Employment experts believe people are being put off from work in certain sectors that have developed reputations for low pay and poor conditions in recent years, and that concerns over continuing high rates of Covid-19 are also having an impact.
Sustained labour shortages could lead employers to push up wages, which could in turn feed through to rising inflation if companies raise their prices to accommodate higher wage bills. However, there is debate about whether bottleneck pressures as the economy reopens from lockdown will translate into a permanently tighter jobs market.
Neil Carberry, the chief executive of the REC, said: “The jobs market is improving at the fastest pace we have ever seen, but it is still an unpredictable time. We can’t yet tell how much the ending of furlough and greater candidate confidence will help to meet this rising demand for staff.”
It's hard to think of a bigger restaurant success story over the last decade than Shake Shack. The high-end burger chain began as a hot dog cart in 2001 in New York City's Madison Square Park by famed restaurateur Danny Meyer. The menu was handwritten written by Meyer on a single sheet of paper in about 10 minutes and is about 85 percent the same today. But there’s so much more to this story. Like for three years after 9/11 that hot dog cart paid the bills at the crown jewel of Meyer’s restaurant empire, Eleven Madison Park. Or how he wasted over a million developing a line of French fries only to throw them away out of pure pride. If Danny Meyer is the heart and soul of Shake Shack, its longtime CEO Randy Garutti is the engine that powers it. Here’s how they built Shake Shack.
Content created for children on YouTube has exploded over the last decade. In just a few short years, the power to help launch a successful toy has moved from toymakers and TV executives to 9 year-olds and their parents. Child YouTube stars have now become popular brands on par with Star Wars and Marvel, and all of kids entertainment could shift because of it.
This Alux video we will be answering the following questions: Which gig economy job pays the most? What driving gig pays the best? Which gig app pays the most? How much can a gig worker make? Why is it called a gig economy? What side job makes the most money? How can a gig worker show proof of income? How do you get a gig to work? What qualifies as a gig worker? What is a gig economy job? How can I make $1000 fast? What apps pay same day? What apps pay you instantly? What is the difference between a gig worker and an independent contractor? Is Airbnb a gig economy? How much money is in the gig economy? Is gig work good or bad? Do gig workers pay taxes? Is Uber a gig economy? Is Uber a gig worker? How do I make an extra $1000 a month? How can I make an extra $500 a month? How can I make $500 a month from home? Do gig workers still get unemployment? Are gig workers considered self employed? How much do gig workers get for unemployment? Where can I post a gig? Is the gig economy a good thing? What is an example of a gig worker?
(qlmbusinessnews.com via bbc.co.uk – – Fri, 28th May 2021) London, Uk – –
People renewing their home or motor insurance will pay no more than they would as a new customer from January.
The new rules have been confirmed by the City regulator, the Financial Conduct Authority (FCA), following years of complaints.
The FCA says the move will save loyal customers an estimated £4.2bn over 10 years.
But it admitted it could spell the end of the cheapest deals for new customers.
The regulator has been trying to change the rules to prevent “price walking” – when insurance prices rise at each renewal even though the level of risk has not changed.
“These measures will put an end to the very high prices paid by many loyal customers,” said Sheldon Mills, from the FCA.
“Consumers can still benefit from shopping around or negotiating with their current provider, but won't be charged more at renewal just for being an existing customer.”
It follows complaints from consumer groups that loyal customers pay more unnecessarily.
How price rises affect you
So-called price walking is when a customer is charged more, year after year, by staying with the same insurance company – even though their risk is no greater.
The FCA has pointed to an example in which a new customer for home insurance typically pays £130 for a year's cover.
But for the same policy, having stayed with the same insurer for five years, that annual premium rises to £238.
For motor insurance, new customers pay £285 while people who have been with their provider for more than five years pay £370, according to the FCA's example.
Following a super-complaint from Citizens Advice, the FCA has been looking to tackle the loyalty penalty – a result of the growth, and encouragement, of shopping around for better deals for insurance, overdrafts and utilities.
Those who switch get the best deals as new customers. Those who stay loyal get charged more.
Ten million policies across home and motor insurance are held by people who have been with their provider for five years or more.
Among those facing the loyalty penalty was Mike Noone, from Manchester, who retired after running a fruit and vegetable stall with his wife for 16 years.
“Looking back, running a small business like ours was all consuming and you do tend to let things slide at home,” he said.
He received a car insurance renewal quote in which the price had gone up by 20%.
“One of our daughters said: ‘Dad, you've really got to get on the internet and find yourself a better quote than that'. So I did,” he said.
He challenged his insurer which did not budge on the price, so he switched provider.
Charities said other people might not be able to switch so easily. They said the problems were worse for people on very low incomes who might not have the technology to search for the cheapest deals, or those who find the calculations difficult.
“We're pleased to see the FCA setting the bar so high in stamping out this systematic scam, and we now need to see similar action in the other markets,” said Matthew Upton, director of policy at Citizens Advice.
The FCA will also bring in new rules to make it easier for consumers to cancel automatic policy renewals and require insurers to look more closely at how they offer fair value for consumers.
It will also require home and motor insurance firms to report more data to the regulator.
A spokesman for the Association of British Insurers, which represents the sector, said: “As the FCA has said previously, insurers do not make excessive profits and, as they now point out, it is likely that firms will no longer be able to offer unsustainably low-priced deals to some customers.”
He added that it was vital that customers still had incentives to shop around, and that people should look for the deal that suited their needs instead of just choosing the cheapest one.
(qlmbusinessnews.com via news.sky.com– Fri, 21st May 2021) London, Uk – –
Tens of thousands lost their jobs over the last year – but many of the UK's richest people have added billions to their fortunes.
The UK's richest person is Sir Len Blavantnik – with his wealth increasing by £7.2bn this year to £23bn, according to The Sunday Times Rich List.
Footballer Marcus Rashford, meanwhile, tops the paper's Giving List having raised or donated more than 125% of his own wealth.
Sir Len, a dual UK-US citizen, was born in Ukraine and his company owns most of Warner Music as well as interests in real estate, chemicals and telecoms. He also has his own philanthropic foundation.
He moves up from fourth, replacing British inventor Sir James Dyson – who relinquished the top spot despite gaining £100m this year (£16.3bn).
Others to have made billions more against the backdrop of the pandemic include familiar Rich List names David and Simon Reuben, and Lakshmi Mittal and family.
The Reuben brothers came from humble beginnings in London to build a property empire that's now worth more than £21bn (up £5.465bn), and stand second on the list.
Indian steel magnate Lakshmi Mittal and family have also raked in another £7.9bn, leaping to fifth with an estimated £14.68bn fortune.
It's been a lucrative year too for Chelsea owner Roman Abramovich.
The Russian made another £1.945bn to move from 12th to eighth in the table (£12.1bn).
Despite being a year in which tens of thousands lost jobs due to the COVID downturn, a record 24 new billionaires appear in the Sunday Times Rich List – 171 in total.
The combined wealth of all the billionaires is £597.269 billion, up £106.582 billion, or 21.7%.
Rich List Top 10
1. Sir Leonard Blavatnik – Investment, music and media – £23bn, up £7.219bn
2. David and Simon Reuben – Property and internet – £21.465bn, up £5.465bn
3. Sri and Gopi Hinduja and family – Industry and finance – £17bn, up £1bn
4. Sir James Dyson and family – Household goods and technology – £16.3bn, up £100m
5. Lakshmi Mittal and family – Steel – £14.68bn, up £7.899bn
6. Alisher Usmanov – Mining and investment – £13.406bn, up £1.726bn
7. Kirsten and Jorn Rausing – Inheritance and investment – £13bn, up £900m
8. Roman Abramovich – Oil and industry – £12.101bn, up £1.945bn
9. Charlene de Carvalho-Heineken and Michel de Carvalho – Inheritance, brewing and banking – £12.013bn, up £1.713bn
10. Guy, George, Alannah and Galen Weston and family – Retailing – £11bn, up £470m
It's not all about making money – Manchester United star Rashford is top of the Giving List after his high-profile campaign on free school meals and food poverty.
The footballer helped raise an estimated £20m, 125% of his personal wealth of £16m.
Liverpool captain Jordan Henderson is sixth on the list after his #PlayersTogether initiative raised £4m for the NHS. That amounts to 16% of his £25m personal fortune.
Charities also received hundreds of millions thanks to a few wealthy individuals such as Lord Sainsbury, Sir Chris Hohn and Alan Parker.
A total of £4.305bn was gifted by people on the list over the past 12 months – a 36.1% rise on the £3.164bn given last year.
The Rich List's authors say changes in lifestyle brought about by the pandemic also helped create big wealth gains for internet entrepreneurs and online fashion companies.
Jose Neves, founder of luxury internet fashion company Farfetch, debuts with a £2bn fortune, ranking 82nd.
Alex Chesterman, the founder of Cazoo, the online car dealing service, is also on the list for the first time – in 215th position – but still with £750m.
“The global pandemic created lucrative opportunities for many online retailers, social networking apps and computer games tycoons,” said Robert Watts, who compiled the Rich List.
“The fact many of the super-rich grew so much wealthier at a time when thousands of us have buried loved ones and millions of us worried for our livelihoods makes this a very unsettling boom.”
The Sunday Times says its list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts.
When Alisa Purifico rides the New York City subway, she’s not glued to her phone trying to avoid eye contact with other passengers. Instead, she’s scouting the crowd for that special someone. When a cute guy or gal catches her eye, she approaches to ask if they’re single, sometimes opening the conversation by asking for directions or complimenting an outfit choice. Purifico is married, but she’s scouring Manhattan for mates for her clients at matchmaking company Three Day Rule, who’ve turned to a professional service to find the love online dating didn’t yield. She’s one of about 40 matchmakers at the company, which has a presence in 10 major U.S. cities.
It’s been a year like no other, and we aren’t talking about the pandemic. There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices. The number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755–660 more than a year ago. Of those, a record high 493 were new to the list–roughly one every 17 hours, including 210 from China and Hong Kong. Another 250 who’d fallen off in the past came roaring back. A staggering 86% are richer than a year ago.
Jeff Bezos is the world’s richest for the fourth year running, worth $177 billion, while Elon Musk rocketed into the number two spot with $151 billion, as Tesla and Amazon shares surged. Altogether these billionaires are worth $13.1 trillion, up from $8 trillion in 2020. The U.S. still has the most, with 724, followed by China (including Hong Kong and Macao) with 698. We used stock prices and exchange rates from March 5 to calculate net worths. See below for the full list of the world’s billionaires and our methodology.
Dels the lawyer and entrepreneur who loves travel, self-improvement and everything to do with success. Worked with several of the biggest banks, law firms and management consultancy companies in the world and is passionate about helping other high achievers to land their dream jobs in those companies or even to start their own business
On March 13, as New York prepared to move indoors to slow the spread of the coronavirus, Mirror founder Brynn Putnam closed the offices of her high-tech fitness startup and sent her nearly 100 employees home. The former ballerina now hunkers down in her Greenwich Village apartment with her husband, Lowell, also an entrepreneur. The couple alternates who gets to be on Zoom from the bedroom and who watches their 3-year-old son, George, in the living room. The only thing that’s easy: working out. Putnam brought home two of her fitness company’s eponymous interactive Mirrors. One is in the bedroom, the other in the guest bedroom. “If [Lowell] wants to box and I want to do yoga, we can,” says Putnam, 36. With a market capitalization above $13 billion and a product and marketing campaign that have become a meme, Peloton has emerged as the buzziest fitness company of the coronavirus era. But privately owned Mirror is hot on its heels, with a single advantage Peloton can’t match: compactness. At 22 inches wide, 52 inches high and 1.4 inches deep, Putnam’s product looks and acts like a regular mirror. Turn it on, though, and users see an instructor teaching the class (as well as their own reflection so they can work on form); software provides personalized modifications in the corner of the screen and helps track fitness goals. Members pay $1,495 for the Mirror and an additional $39 a month for access to an array of livestreamed classes including cardio, barre, strength training and yoga in 15-, 30- and 60-minute increments. “No one had thought about putting a screen into a mirror and having it be a workout platform,” says Kevin Thau, general partner at Spark Capital, one of Putnam’s early investors. “It seems obvious in hindsight, but it wasn’t before.” Brick-and-mortar gyms and fitness studios are an almost $100 billion business, according to the International Health Racquet and Sportsclub Association. When Putnam launched the product in September 2018, five years after Peloton first started connecting bikes, she was betting on a gradual, continuing shift toward home fitness. Now with millions of people stuck in their homes and desperate for exercise, she’s riding high, with sales surpassing her already aggressive projections—and a spot on our Next Billion-Dollar Startups list, one of 25 private companies Forbes bets will become unicorns. “We’re seeing Christmas in April,” Putnam says, noting that Mirror’s tens of thousands of members are now working out an average of 15 times a month, up from 10.
This Alux video we will be answering the following questions: What are the top 10 Highest Earning YouTubers 2020? What are the 10 Highest Earning YouTubers 2020? Who are the best paid YouTubers in 2020? Who is the highest paid YouTuber in 2020? Who are the highest paid YouTubers in 2020? How much do top YouTubers make? How much money do YouTubers make? What YouTubers earns highest salary in world? Who is the YouTuber with the highest earnings in 2020?
(qlmbusinessnews.com via news.sky.com– Fri, 19th Feb 2021) London, Uk – –
The firm's founder, Alex Chesterman, is starting to explore a merger with a US-listed SPAC, Sky News learns.
Cazoo, the online car retailer founded by one of Britain's best-known technology entrepreneurs, is plotting a blockbuster move to go public with a valuation of well over £5bn.
Sky News has learnt that Cazoo, which was launched by Alex Chesterman just a year ago, is working with bankers at Credit Suisse, Goldman Sachs and Numis on options for accelerating its growth prospects.
City sources said on Friday that this could involve a London listing, but that a merger with a New York-listed special purpose acquisition company was at least as likely an outcome.
Any move to go public would not take place until much later in the year, but would underscore the explosive growth of Mr Chesterman's latest venture.
Cazoo has already raised £450m from an array of blue-chip investors – a staggering sum for a British start-up founded just two years ago.
The London Stock Exchange is expected to push hard for Cazoo to list in its home market, but sources said that the company's founders had already been approaching potential investors about the idea of a SPAC deal in the US.
SPACs have raised tens of billions of dollars this year alone, persuading a spectrum of tech-enabled companies in clean energy, healthcare, urban mobility and space travel to take themselves onto the public markets.
Cazoo has built a workforce of around 2,000 people, partly through a number of acquisitions.
If it succeeded in securing a valuation as high as £6bn, it would potentially add another £1.8bn to Mr Chesterman's already-sizeable wealth by virtue of his 30% stake in the company.
In a statement issued to Sky News, a Cazoo spokesman said on Friday: “Cazoo is pioneering the shift to online car buying in the UK and, since our launch just over a year ago, we have already sold almost 20,000 cars to consumers across the UK who have embraced the selection, transparency and convenience of buying high quality used cars entirely online.
“As one of the UK's fastest growing businesses, with revenues of over £160m in our first year alone, it is not surprising that there is speculation around whether or when we might IPO but we do not comment on speculation and should we have an announcement to make on this or any other matter we shall do so at the appropriate time.”
Mr Chesterman, who founded successful start-ups Lovefilm and Zoopla, has raised money from backers such as Fidelity and D1 Capital Partners, which has also invested in the payments group TransferWise.
Cazoo, which sponsors Premier League teams Aston Villa and Everton, claims to be transforming the little-changed method of buying a used car by having it delivered to a customer's door within as little as 72 hours.
It claims to have become “the country's leading online car retailer” since its launch, even as the market for new cars has plummeted to sales levels not seen since the immediate aftermath of the Second World War.
Cazoo competes with rivals such as Cinch, which is owned by BCA Marketplace.
Investors in the sector say that on a relative basis, the business had become more attractive because of the prospective shift of consumers to digital channels once the pandemic abates.
Mr Chesterman came up with the idea for Cazoo soon after leaving the property portal Zoopla, which he sold in a deal worth more than £2bn to the tech-focused buyout firm Silver Lake in 2018.
“Used cars are one of the last remaining consumer markets yet to benefit from any digital transformation,” the entrepreneur said soon after its launch.
“Cazoo makes used car buying simple and convenient like buying any other product online today.
“We take away the need to travel, to haggle, to spend countless hours at a dealership and to risk any buyer's remorse.”
This Alux.com video we'll try to answer the following questions: What are the Most Likely Industries That Can make You a Billionaire? What industry makes the most billionaires? What is the easiest industry to get rich in? What business makes the most millionaires? What businesses will make you rich? What is a good business to start in 2020? What is the hottest industry right now? Which industries should aspiring billionaires be aiming for? What industry will make you the richest in the future? Can the e-commerce industry still make billionaires? What industry has produced the most number of millionaires? What industries will create the most billionaires in the next 30 years? Will the biofuel industry create a billionaire, and how? What industry or idea will produce the next generation of billionaires? Will tech still be a good industry for future billionaires in the next 50 years? What are the most common industries to become a billionaire? Which industries will create the most billionaires in the future?
This is the 2020 Ashville vehicle, plant and machinery fleet tour; all the weapons used by Ashville Waste Management, Aggregates, Concrete and Construction on a daily basis.
Take a look at the journey of how Daniel Louisy went from one DAF Grab Lorry (Truck) to a growing fleet of over 35 vehicles and machines in just 7 years!
The simple wool shoe started as a Silicon Valley favorite and has spread to Hollywood and beyond.
In 2012, Tim Brown called it quits on an eight-year professional soccer career that included a trip to the 2010 FIFA World Cup as New Zealand's vice captain. After retiring, one thing from Brown's playing days would not stop bugging him: the sneakers. Throughout his playing career, Brown's teams (he played in the U.S., Australia and New Zealand) were sponsored by big-name sneaker manufacturers like Adidas and Nike. But Brown felt the sneakers he wore on and off the field were often too flashy, awash with too many different colors and packed with corporate logos. He wanted something simpler. So, he decided to make his own.
2021 may be the most unpredictable year of the decade. No one knows how people are going to react to new business strategies; no one even knows what some of these business strategies will be. Reopening a business during COVID is like a game of chess: without a plan, you’ll lose. For all those that aspire to start a new business or invest in one, this video is for you.
This Alux video we will be answering the following questions: What are the skills you need to become a millionaire? What skills do you need to become a billionaire? What skills separate the rich from everyone else? What skills do you need to be rich? What skill should I learn to become a millionaire and become rich from a poor and hard life? What skills should you study at school to become rich? What skills are extremely useful to becoming rich? What skills can make you ultra wealthy? What skills make the difference between becoming rich or staying poor? What are the most valuable skills to have if you want to become rich?