Worlds First Cashless Fuel Payment Cars

 

 

In a world-first, Jaguar and Land Rover owners can now pay for their fuel via the touchscreen of their car at Shell service stations. Rather than paying at the pump or queuing to pay in the shop, installing the Shell app via InControl means drivers can simply drive up to any pump at participating Shell service stations, select how much fuel they require and pay with PayPal or Apple Pay on the vehicle’s touchscreen.

Verizon close to renegotiating its deal to acquire Yahoo’s internet assets

 

 

Bloomberg has reported that Verizon is close to renegotiating its deal to acquire Yahoo's internet assets. According to sources familiar with the matter, the $4.8 billion price tag for the acquisition “could be coming down by as much as $250 million.” Neither Yahoo or Verizon has confirmed this number yet. Last month Yahoo said the deal to sell to Verizon was “delayed but still on” as the company dealt with hacking controversies and a new reported investigation “by the Securities and Exchange Commission over allegations it was slow to tell its investors about the hacks.”

UK companies hiring more workers as few show signs of worry over the economy

Tim Tabor/flickr (qlmbusinessnews.com via telegraph.co.uk – – Wed, 15 Feb, 2017) London, Uk – – More workers than ever before are employed in the UK as upbeat companies show few signs of worry over the state of the economy. Employment climbed by 37,000 to 31.84m in the three months to December, while unemployment stayed steady at 1.6m – a level which has fallen by almost 100,000 over the past year as a whole. The unemployment rate stayed at 4.8pc, its joint-lowest rate in 11 years while the employment rate hit a new record high of 74.6pc. Female employment hit a new milestone, with more than 70pc of women in work for the first time, according to the Office for National Statistics. Economists had feared that unemployment could start to rise if companies anticipated an economic slowdown, but there is little evidence of that so far. The number of people claiming out of work benefits in January fell by 42,400 to 745,000, the lowest level since February 2016. “Continued moderate growth in employment has led to a new high in the total employment rate, while the rate for women has reached 70pc for the first time on record,” said ONS senior statistician David Freeman. “Overall, the labour market appears to be edging towards full capacity.” Wage growth was more muted, however. Average weekly pay increased by 2.6pc on the year, down a touch from the 2.7pc growth in the year to November. That comes at a time of rising inflation – prices rose by 1.6pc in the 12 months to December, meaning workers’ spending power increased at the slowest pace since 2014. Economist James Smith at ING said “the surprise fall in wage growth is… alarming”, adding that he does not expect pay to pick up pace in the coming months. “We expect inflation to break above 3pc this year, which will mean that incomes will begin to fall in real terms,” he said. “Add in the slower outlook for jobs growth, and it looks like it could be an increasingly tough year for consumers.” Meanwhile, the number of non-UK workers in the country dipped by 9,000 compared with the previous three-month period, falling to 5.54m. That is still up by more than 400,000 on the year, however, and the ONS said it could just be a seasonal dip rather than a sign of fewer foreign workers moving to the UK after the Brexit referendum.

By Tim Wallace

 

The Most Amazing Celebrity Homes On The Planet

 

 

If you had millions of dollars what would you build and create the most amazing house ever? Here are 10 Insane Celebrity Homes. Subscribe to Talltanic http://goo.gl/wgfvrr 4. Howard Stern Two hundred thousand for hurricane shutters? Ten million on renovations alone? No problem for the most successful radio personality of all time. Stern reportedly spent 52 million dollars to purchase this insane mansion in Palm Beach, Florida in early 2013 and had those refurbishments done early in 2016. The specialty shutters weren’t cheap and so as you might guess, they are very heavy duty and able to withstand winds and debris impact of up to 276 miles per hour. They are also remote controlled and cover every one of the houses many windows. The home itself is even more remarkable. The mansion boasts twelve and a half bathrooms, in case the first twelve are taken, five bedrooms and sprawls over nineteen thousand feet across the Florida beach front. 3. Dwyane Wade+Gabby Union Dwyane Wade is a star guard for the Chicago Bulls. Gabrielle Union is a very well known actress. The couple is, by all accounts very happy together and with salaries that can afford them cribs like this who could blame them? The ecstatic couple got married on August 30, 2014, and leased this ridiculous castle for the occasion. The house was priced at 10.9 million dollars before it was delisted shortly before the wedding. The property was built by architect Charles Sieger, for himself and includes a giant, landlocked moat and formal gardens that surround the property. 2. Bill Gates Though the richest man in the world is known as a charitable man who spends his money frugally, he opened his wallet a little bit to build his dream home. The home cost a record-setting sixty-three million dollars to build and took seven years to complete. The property lies in the hills of Medina, Washington and is surrounded by nature. The estate has a variety of garages, including an underground cave that can hold ten cars, six kitchens tended by a twenty-four-hour on-call chef, a fifteen hundred square foot theater, a twenty-one hundred square foot private library and a massive aquarium. This home is incredible, but of course, it's not the only property the billionaire owns on the west coast. He also bought a ranch in California for eighteen million dollars that has a private race track. 1. Mukesh Ambani Ambani is no celebrity; he’s the Chairman of Reliance Industries, a gigantic conglomerate holding company in India. But he is a billionaire and had this crazy pad built in South Mumbai that is valued at around one billion dollars, making it the most expensive private residential property on the planet. The 27 story property, called Antilia, and its unique design have been a part of the Mumbai skyline since being completed in 2010. The extravagant home’s location in a destitute area of Mumbai is extremely controversial. The property has six floors of underground parking, three helipads and a total interior space of over four hundred thousand square feet. The crib also features nine high-speed elevators, a two story health center and six floors for Ambani and his family. An entire floor is dedicated to servicing Ambani’s stable of cars.

Redrow chief executive says, Britain’s housing market is not broken

 

 

Redrow is one of the UK’s leading residential housing developers. The company’s chief executive, John Tutte, discusses the government’s housing White Paper with Ian King and says the paper’s title, which suggested that Britain’s housing market is ‘broken’, was headline-grabbing. He also says that parts of his business will struggle if EU nationals are not able to work in the UK following Brexit

BrightHouse rent-to-own electrical chain submits reform plan to Financial Conduct Authority

(qlmbusinessnews.com via telegraph.co.uk – – Tue, 7 Feb, 2017) London, Uk – –

The struggling rent-to-own electricals chain BrightHouse has made a bid for survival by offering permanent reform of its controversial practices in talks with lending watchdogs.

The company, owned by private equity firm Vision Capital, has submitted a detailed business plan to the Financial Conduct Authority (FCA) in an attempt to ward off circling bondholders who are preparing for the worst.

The FCA is due to scrutinise the plan and assess whether BrightHouse should be allowed to continue to lend on the basis of it. The situation is increasingly urgent for the chain, with quarterly rent payments on its 311 stores looming at the end of March and its heavy debts due to be called in.
BrightHouse’s finances are under strain from temporary lending rules agreed with the FCA that force it to carry out more stringent checks on customers’ credit history before lending to them. The guidelines also bar it from issuing punitive late payment charges.

The regulator has cracked down on the hire purchase sector over alleged overcharging and hard-sell tactics targeting vulnerable consumers.

BrightHouse said last week it would shut 28 stores before the next rent demands are due, saying “part of our plan requires us to be leaner and more cost effective”.

The chain owes bondholders £220m in notes that are due for refinancing by next year. Bond investors fear BrightHouse will be denied a lending licence by the FCA or that the scrutiny process will take so long that it will prevent refinancing. City sources said they did not expect a decision from the FCA until the second quarter of the year.

Legal and financial advisers are jockeying for position on the potential restructuring, with Moelis and PWC understood to be seeking appointment by bondholders. BrightHouse is working with Rothschild and the City law firm Freshfields. A BrightHouse spokesman declined to comment.

By Christopher Williams and Ashley Armstrong

UK Businesses Urged To Hire A Million More Older Workers

 

Tim Tabor/flickr

(qlmbusinessnews.com via news.sky.com- – Mon, 6 Feb, 2017) London, Uk – –
A Government-backed older workers champion says employees aged 50-69 are needed as the UK labour market faces a shortfall.

Employers have been urged to hire a million more older workers over the next five years to help plug the skills gap and combat age bias.

Andy Briggs, the Government's business champion for older workers, has called for the employment rate for people aged 50-69 to rise from 59% to 66% by 2022.

Britain faces a shortfall of new workers over that period, with 14.5 million jobs created but only seven million younger people entering the workforce.

Mr Briggs, who is chief executive of Aviva UK Life, said putting a million more older people in work by 2022 was an “ambitious yet necessary target”.

“There are 15 million people of this age group in the labour market, yet only nine million are in work,” he said. “We want to get this to 10 million by 2022.”

The UK employment rate at age 50 is 83%, dropping to 64% at age 60.

Mr Briggs said older workers could be “written off” but employers should consider the “overwhelming benefits of having a diverse and representative workforce”.

He added: “We live in an ageing society so it is critical that people are able to work for as long as they need and want to.

“Many people aged over 50 want to continue to develop their careers, learn new skills, try new things and also share their broad knowledge and experience.

“This is good for everyone, and particularly for employers and their businesses who will benefit from drawing on the talent, creativity and experience of all their employees, regardless of age.”

Mr Briggs works with the Business in the Community group to help businesses retain, retrain and recruit older workers.

The Government announced a new strategy last week aimed at increasing the number of older workers.