Month: <span>September 2021</span>

AB InBev and Keurig are teaming up to build an in-home alcoholic drink maker

Monday 9 January 2017 12:34 pm AB InBev and Keurig are teaming up to build an in-home alcoholic drink maker whatsapp [poll id=”62″]Keurig was bought by JAB Holding Company in a deal worth $13.9bn (£11.4bn) in late 2015. Countertop coffee pod machines like the George Clooney-backed Nespresso have grown in popularity over recent years, changing the way people can get their caffeine fix.Now, coffee maker Keurig Green Mountain and brewer Anheuser-Busch InBev (AB InBev) are teaming up to create an in-home alcohol drink system in the same vein. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHealthyGemBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayHealthyGemMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorPensAndPatronTori Roloff Confirms Sad Family NewsPensAndPatronZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped Speed Courtney Goldsmith Share whatsapp The two announced this week they would enter a joint venture to focus on the research and development of a product that would be able to produce beer, spirits, cocktails and mixers at the touch of a button.Read more: Coca-Cola gulps down stake in AB InBev’s Africa unit for $3.2bnKeurig will use the technology of its now-defunct at-home soda machine, Keurig Kold, which it stopped producing just nine months after it hit the market. AB InBev will bring its brewing and packaging technology to the table. For now, the partnership is focused on bringing the product to the North American market.“We’re thrilled to be moving forward with this joint venture and look forward to working closely with the Keurig Green Mountain team to explore the possibilities of what we can achieve together,” said Nathaniel Davis, chief executive of the new venture. “We can’t wait to get started.” Read This Next20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?Vegamour’Infinite’ Film Review: Mark Wahlberg Action-Thriller Overspends andThe WrapThis Is How Often You Should Cut Your HairVegamourHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap read more

Donald Trump has come at just the right time for Theresa May

by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman files for divorce after seeing this photoMisterStoryUnify Health LabsRandy Jackson: This 3 Minute Routine Transformed My HealthUnify Health LabsAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny whatsapp Trump, who has huge affection for the UK, has taken to calling May “my Maggie” – in reference to the relationship enjoyed between Thatcher and Ronald Reagan.Read more: Special relationship: Theresa May set to be first leader to meet TrumpWhile it must be acknowledged that Trump is no Reagan, the importance that the new President attaches to America’s relationship with the UK should be seen as a welcome diplomatic asset to a PM embarking on the process of exiting the European Union.Trump has made no secret of the fact that he thinks other EU member states could (and indeed, should) follow the UK through the exit door, but May is rightly singing a different diplomatic tune.Her excellent speech last week made clear that it is in the UK’s interests for the EU project to survive and thrive. Christian May Tomorrow, Theresa May will become the first world leader to meet President Donald Trump.It is unlikely to be a meeting of minds, but it will certainly be a meeting of huge significance. Both the President and the PM have spoken in recent weeks about the importance of the special relationship and of their desire to strengthen it. whatsapp Share Read more: Theresa May on Trump, Trident and trade dealsShe cannot afford to antagonise EU leaders with Trumpian talk of their project being in demise. The challenge for May will be in balancing her relationship with EU leaders still wounded by our departure and a President who revels in the prospect of further continental deterioration.Nevertheless, Trump has come at the right time for May and there is no doubt that a strong ally in the White House should provide much needed backup during Brexit.Key to this new relationship will be Ted Malloch, the Oxford academic and entrepreneur tipped to serve as Trump’s ambassador to the EU. Yesterday Malloch, a eurosceptic and passionate believer in free-market economics, said that Trump’s “high energy” could ensure a swift US-UK trade deal, which would “send a signal that the US is behind Great Britain in its hour of need.”Read more: May: I’ve had positive talks with banks over Brexit Donald Trump has come at just the right time for Theresa May He also dismissed the “absurd proposition” that the UK cannot commence trade talks before formally exiting the EU in 2019.May should take full advantage of such diplomatic capital. She’s going to need friends during the Brexit negotiations, and it seems she’s already found some in the new US administration. Thursday 26 January 2017 6:00 am read more

There’s another anti-Trump protest planned for central London this evening

whatsapp whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksRelated Articles8 Surprisingly Simple Ways to Keep Your Liver HealthyBanana Fritters: Delicious Recipes Worth CookingSimple Household Hacks That Will Save You Money And Restore Items Like New Activists are planning another protest against US President Donald Trump in central London tonight. The demonstration will coincide with the House of Commons debate on whether the President should be granted a state visit to the UK. There’s another anti-Trump protest planned for central London this evening Tonight’s action follows numerous other marches and protests against Trump in the capital, sparked in large part by the US leader’s travel ban on visitors from seven Middle Eastern countries, which has since been blocked by the courts.Protests have been taking place around the UK throughout today, and a large demo is planned for Parliament Square in London from 4pm until 9pm. Caroline Lucas MP and political journalist Owen Jones are among the speakers planned for this evening’s event.Anyone trying to get home via the Westminster area is advised to rethink their commute tonight. At the previous Monday night anti-Trump protest, thousands of activists brought Whitehall traffic to a standstill. Caitlin Morrison Share Monday 20 February 2017 3:01 pm Read This NextBest Wine Gifts & Wine Accessories at Every PriceGayotIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?Vegamour read more

Sacked government industrial strategy adviser Lord Heseltine says he never met Prime Minister Theresa May

whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeAll of our skincare products in one convenient package!Braxton Labs Oxy Burn – Braxton LabsAll of our skincare products in one convenient package!https://alldelish.com44 Healthy Low-Carb Foods That Taste Incrediblehttps://alldelish.comStudent SeaThe Most Practical Use For Baking Soda RevealedStudent SeaMovie JewelMorgan Freeman Ruined His Multi-Million Dollar Ranch To Protect The PlanetMovie JewelFitDib15 Best Companion Dogs for Seniors and RetireesFitDibAir Ambulance Services | Search AdsCost Of International Commercial Stretcher In Scottsdale Might Surprise You!Air Ambulance Services | Search AdsYour Daily LamaWhere Dana Perino Lives Today At 60 Is Sad To SeeYour Daily LamaTheHealthyLifeTips.comAvoid These 25 Foods, Because They’ll Slowly Kill YouTheHealthyLifeTips.comPlays StarEmployee Was Rude To This Man, But She Was Regretful After Seeing Him The Next DayPlays Star Share Asked about last night’s rebellion in the House of Lords, the former deputy prime minister said his vote was “inevitable”.”I have walked through the lobbies with one Conservative Prime Minister after another, arguing that Britain’s interests and Europe’s are inextricably linked – are self interests. So I’m not going to change my mind now.” However, in spite of his role, he today told Sky News, “I don’t think I have ever met Theresa May. We may have been in the same collegiate circumstances years and years ago, but I’ve certainly not met her in recent years.”Read More: Michael Heseltine has vowed to fight the government on BrexitThe Tory peer described himself as “a leftover” from David Cameron’s government, but admitted that his remit had been expanded under May’s government.Speaking on International Womens’ Day, Heseltine also risked finding himself in hot water by stating that May “has got a man-sized job”, before being corrected, which he admitted was “perfectly right”.Read More: Lord Heseltine: Tees Valley can rise from the ashes of steel crisis Mark Sands Tory big beast Lord Heseltine has revealed that he never met Prime Minister Theresa May, despite holding five different roles as an adviser to her government.Heseltine, who was sacked late last night after joining the Brexit rebellion in the House of Lords, had worked on areas including May’s flagship industrial strategy, and had been due to visit Swansea with the secretary of state for Wales, Alun Cairns, today. whatsapp Sacked government industrial strategy adviser Lord Heseltine says he never met Prime Minister Theresa May Wednesday 8 March 2017 9:59 am Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamourSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamourWant Thicker Hair? Follow These 12 StepsVegamourHow Often Can You Dye Your Hair?VegamourBest Wine Gifts & Wine Accessories at Every PriceGayotTips & Tricks for Styling Thin HairVegamour read more

Votes on boardroom pay could become legally binding in the near future, as the government mulls feedback from corporate governance consultation

At present, votes on pay are advisory only, meaning firms can dish out hefty awards even if the majority of investors disapprove. However, since 2014, votes on pay policies – essentially the methodology for how execs will be paid over the next three years – are binding, meaning remuneration committees could be sent back to the drawing board if their plans are rejected by shareholders.Read more: The City’s pay schizophrenia will fuel discordA number of consultation submissions called for investors to be handed more power on top dog pay. Asset manager Fidelity International urged the government to consider increasing binding votes on boardroom pay policy from once every three years to once every year, while a group led by the Investment Association urged ministers to impose an automatic binding vote for companies whose pay deals were voted against by more than a quarter of shareholders the year before.Now, the Sunday Times has reported the white paper from the consultation could force companies to reassess pay packets and put them to a second shareholder vote if they fail to garner favour from investors.However, Roger Lawson, deputy chair of shareholder interest group Sharesoc, warned such measures would not go far enough, telling City A.M.: “It will help. It won’t solve the problem altogether.” Share Hayley Kirton Shareholders could be given the right to block bumper pay packets for companies’ executive teams in the much-anticipated upcoming white paper on corporate governance.The Department for Business, Energy and Industrial Strategy has run a consultation on corporate governance, including executive pay and whether pay votes should be binding, which closed for feedback last month. Sunday 19 March 2017 6:10 pm Read more: Pirc hits back at Sports Direct over “fake news” allegationsLawson’s own group put forward proposals for shareholder committees, to counteract director-dominated remuneration committees, in its submission to the consultation.The launch of the white paper could well coincide with many firms putting their newest pay policies to shareholders for the first time since votes on these became binding. Experts have previously told City A.M. they expect firms to be facing off with investors more this year, while pay plans have been called into question at FTSE 100 BAE Systems and Glaxosmithkline, as well as newly-merged broker’s firm TP Icap.Read more: Martin Sorrell’s share scheme pay is down more than 30 per cent (to £42m)Meanwhile, tobacco behemoth Imperial Brands has already backed down over a £3m pay rise for chief executive Alison Cooper over fears it would fail to pass muster with investors. The Department for Business, Energy and Industrial Strategy declined to comment on the contents of the white paper, but a government spokesperson said it was “committed to creating an economy that works for everyone, and that’s why we have consulted on options to strengthen corporate governance. We are considering the responses received and will respond in due course.” Votes on boardroom pay could become legally binding in the near future, as the government mulls feedback from corporate governance consultation whatsapp whatsapp read more

Bank of England bosses criticised for £390,000 expenses bill

whatsapp The expenses bills run up by two of the Bank of England’s top officials were today described as “staggering” by an MP.The Bank employs multiple members of its financial policy committee (FPC), which seeks to protect financial stability, who live in America. The central banking bigwigs have run up big expenses bills. Jasper Jolly Share Bank of England bosses criticised for £390,000 expenses bill Tuesday 26 June 2018 4:05 pm Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMagellan TimesJada Pinkett Smith Opened Up About Her Son Saying The Words No Mom Wants To HearMagellan TimesUndoCar NovelsBeautiful Women Of The World, Who Are They Exactly?Car NovelsUndoSurfsharkProtect your digital life with an award-winning VPN, clickSurfsharkUndocarammelloWhat are the top 10 most expensive cat breeds in the world ? – CarammellocarammelloUndoWorld of sportTop 20 Healthiest Cities in America in 2021World of sportUndoKey SmartThis is The Future Of Keychains. The Idea Is GeniusKey SmartUndoPrivate Jet Prices | Search AdsThe Price of a Private Jet in Scottsdale May Surprise YouPrivate Jet Prices | Search AdsUndoExplored PlanetPlaces Men Must Visit When They Are SingleExplored PlanetUndotibgez10 Signs & Symptoms of Lewy Body DementiatibgezUndo whatsapp More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comWhy people are finding dryer sheets in their mailboxesnypost.com Simon Clarke, an MP on the influential Treasury Select Committee, said the £390,000 bill racked up by two US FPC members was a “simply staggering sum” during questioning of the new chair of the Bank of England’s court of directors, Bradley Fried, according to Reuters.”One of the most important aspects of the culture of any public institution is that it provides value for money to the taxpayer,” Clarke said.The Bank of England is wholly owned by the government, although it is independent when it comes to monetary policy.Donald Kohn, an FPC member who lives in Washington, has run up a travel bill of more than £274,000 since joining in December 2015, at an average cost of more than £8,000 per trip.Between December 2017 and February 2018 Kohn spent almost £470 on taxis in Washington and London, when travelling to London for a single meeting, according to expenses detailed on the Bank of England’s website. Kohn, who will serve on the FPC until 2021, is a former member of the board of governors of the US Federal Reserve, having served in top positions in monetary policy and financial stability divisions.Meanwhile, one trip from Chicago to London for FPC member Anil Kashyap cost the Bank more than £11,000.Kashyap, whose term ends in September next year, is an economist from Chicago Booth university who holds roles at the International Monetary Fund and the US Monetary Policy Forum. read more

Exclusive: The government is working on a social care insurance scheme following last year’s ‘dementia tax’ row

Catherine Neilan whatsapp whatsapp Share Exclusive: The government is working on a social care insurance scheme following last year’s ‘dementia tax’ row Wednesday 25 July 2018 12:08 am The new plan, which is believed to have been worked on by former health secretary Jeremy Hunt and now taken on by his successor Matt Hancock, will encourage people to start saving in their 20s or 30s, culminating in a lump sum of £40,000-£50,000 to pay for any care required in their elderly years.It is not clear whether the pot would be personal to the saver or pooled, akin to National Insurance, although the latter is thought to be more likely with existing schemes in countries such as Japan.Number 10 is also understood to be working on the plan, with one source saying Prime Minister Theresa May viewed social care as “the big domestic agenda prize” for her legacy.“The election was a disaster for that idea, that conversation,” the source added.They compared the new approach to the one taken for statutory pensions, saying: “This doesn’t all come into tomorrow. It will be a phased approach, with options for those who have saved to be able to actually access a scaled up service.” The government is working on a new plan to address the escalating cost of social care, as it tries to shrug off the spectre of its proposed “dementia tax” – a policy that provoked a furore during the Conservatives’ disastrous 2017 General Election campaign.City A.M. understands that a set of proposals are being readied in time for the Conservative party conference in October, where a fresh approach that focuses on an insurance-style savings pot will replace the previous recommendation that the cost be offset against individuals’ homes. Another Westminster insider told City A.M. the position had shifted because Number 10 “doesn’t want to scare people so this is about dealing with future generations – they don’t want to piss off older people”.Currently older people with assets worth more than £23,250 must part-fund the cost of the care they receive, but there are growing fears of a looming crisis as a result of the UK’s ageing population.The Local Government Association claims the social care shortfall could hit £3.5bn by 2025.Industry is ready to back the idea, which will be the subject of a green paper in the autumn.“If government can get the package right, long-term investors and insurers are ready to play,” said Iain Anderson, executive chairman of City lobbyists Cicero. “It also moves the country on from its Brexit obsession.” A spokesman for the Association of British Insurers said: “If some kind of compulsory social insurance based model is pursued it is important that the funds raised are ring-fenced so it is spent on social care alone and not diverted to other areas at a later date. A compulsory system should also leave some incentive for individuals to make private, top-up provision, as is typical in other countries.”Stephen Lowe from retirement experts Just Group said: “Although the aim [of the green paper] is to put in place long-term solutions, the reality is that our ageing society is in urgent need of some quick fixes to see us through the coming years and perhaps decades… retired people have billions tied up in the value of their homes, usually far more than in their pensions or other assets. That puts property wealth at the centre of the debate about what can be done in the short-term.”A Department of Health and Social Care spokesperson said: “We’re committed to reforming social care to ensure it is sustainable for the future.” read more

Borderless banking: Meet the mobile-only bank for migrants

whatsapp Katherine Denham Indeed, since fintech firms burst onto the scene a few years back, their popularity has been driven by their ability to make everything easier, cheaper, and faster for consumers, who are fed up with clunky processes associated with the big banks.The unstoppablesThat’s not to say building a bank – particularly a cross-border one – doesn’t come without its challenges. “As a financial services company, you have to take regulation seriously, which means you have to be on the top of your game. Fintechs have to massively overdeliver to be successful, and for us, we are obsessed with customer service. All the challenger banks know this, but I don’t think the old guys know about it yet,” Koppel laughs.Monese is essentially designed to help people who are excluded from financial services, and so it doesn’t surprise me to learn that the typical customer is a migrant – someone who has moved to another country in the hope of creating a better life for themselves.“We were focused on the global mindset, we are building a service for people who want to roam the world and not be held back by anything. They can pick the job and location they want, without being held back by archaic policy and bureaucracy. We call them the unstoppables.”With the tap of a button, users can instantly switch between 10 different languages. Koppel says this makes it a “truly localised product” – you can live in Germany or France and you wouldn’t know that the Monese product is made in Shoreditch.This Brompton bike-riding business owner shows me what he describes as the “really cool part” of the app, which allows users to have multiple bank accounts, each in a different country, with their own balance and debit cards. “It’s not just a multi-currency support and cheaper FX rates, it’s an actual account you can use as your main salary account.”Credit collaborationIf opening a current account is such a struggle for migrant workers, imagine how hard it is to get credit.Koppel tells me that his banking saga continued once he decided to permanently move to the UK, but didn’t qualify for any kind of credit card. “Here I am building a banking service, getting a decent salary, trying to support a family and three kids, and the only credit card I could get was incredibly expensive.”Again, Koppel saw vividly how this problem could be turned into an opportunity by giving users access to better credit products.Collaboration is already on the cards, as Monese, will be partnering with other banks and lenders, which will offer their credit products through the app’s marketplace. “We can see customer transactions, so we know whether we can rely on these people to pay money back. So, provided the user gives us consent, we can share their data with the other banks. This means the bank’s decisions aren’t being made in the dark, and the customer can get a service where they normally wouldn’t.”Koppel recalls how people thought fintechs were going to take over the world, while the big banks would “drop dead and die”.That, of course, hasn’t happened. But the big banks have finally noticed that a fintech revolution is taking place, and now see the value in working with these new players – as the old saying goes “if you can’t beat them, join them”.The rapid increase in globalisation and technology make the problems in the banking system seem archaic, if not ridiculous.Monese is a bank that exists for the now, embracing our borderless world. And so, as is often the case with entrepreneurs, Koppel’s problem-solving cogs started whirring.Fast forward to 2015, and the launch of mobile-only banking app Monese. It now has 500,000 customers in 20 countries around Europe – impressive for a company which has only been running for three years.The selfie eraKoppel is thorough in every answer, leaving no stone unturned. And that’s the perception I get about Monese too – that everything has been considered and planned very carefully.Of course, for security purposes, it’s crucial that financial institutions verify the identity of their customers. But while most banks ask for a proof of address in paper format, the regulations aren’t as rigid as existing banking processes would suggest. “It was very liberating to find that regulators are open to innovation,” says Koppel.“So I thought: how can we improve this process, make it digital, and help more people get access to the banking system?” Borderless banking: Meet the mobile-only bank for migrants Given that international payments would incur costly foreign exchange fees, his employer didn’t want to send his salary to his Estonian bank account either.In the end, Koppel found himself in a weird situation where his salary was being sent to his flatmate (with consent from all parties, of course), who would then pay him his monthly earnings. “It was humiliating,” he tells me. “Everything in my life was going well, but I was being treated like a second-class citizen. It doesn’t matter who you are, if you are not getting something which you assume is a basic right, it feels bad.”It took several months before Koppel had the necessary paperwork and some sort of credit score in the UK, but his own experience had exposed a flaw, a problem – something which could be improved, if not fixed.And this wasn’t just Koppel’s problem – nor one that is limited to the UK. In Europe alone, 140m people have very limited access to banking services – that’s every third European. And on a global scale, it’s over two billion people.According to Barclays research, people who don’t have a formal bank account, pay on average £1,000 more annually for financially services than those who do. whatsapp This entrepreneur and his team have done just that, by allowing users to verify their identity by simply taking a selfie and uploading a photo of their passport or national ID card, creating a bank that lets you open an account online in just 120 seconds (which, Koppel points out, is “quicker than boiling an egg”). That doesn’t mean it skimps on the security. You could even argue – as Koppel does – that Monese is more secure.“When customers walk into a bank branch to open an account, they show their passport. While the untrained human eye is not able to differentiate between a real and fraudulent passport, our scanning process is roughly 25 times more accurate than a human’s – so we are providing technology where humans fail.”The tech that underpins Monese might be complex, but the trick is making sure that the app is as simple as possible for the users. Everything in my life was going well, but I was being treated like a second-class citizen Monday 30 July 2018 10:38 am Share   When Norris Koppel came to the UK 18 years ago, he landed a good job and found a flat to rent.But there was a problem: the banks refused to let him open a current account. Koppel had no credit history in the UK, which meant – as far as the banks were concerned – he didn’t exist. More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com read more

Deficit rises unexpectedly in August on back of weak tax receipts

first_imgThe ONS said its forecast remains for borrowing to come in at £34bn for the full year.Howard Archer, chief economic advisor at accountants EY, said: “The run of large borrowing undershoots in previous months had seemed unlikely to be sustained given that they relied heavily upon lower spending, a large chunk of which was due to timing effects.”The August data saw these effects start to unwind, with contributions to the EU up sharply on last August, and public sector net investment also coming in higher than last year. Annual growth in current receipts slowed a little in August and is now bang in line with the OBR’s full-year forecast of 3.9 per cent.” Share Alexandra Rogers whatsapp Public sector borrowing has fallen to its lowest point since 2002 for the financial year to date at £17.8bn, £7.8bn less than the same time last year. Deficit rises unexpectedly in August on back of weak tax receipts Friday 21 September 2018 11:10 am whatsapp However, August borrowing of £6.8bn came in at double economists’ expectations, and was £2.4bn higher than the same month last year, figures from the Office for National Statistics (ONS) showed.Economists had expected borrowing of just £3.4bn for the month.The higher-than-expected figure is largely down to only a slight 1.6 per cent increase in tax receipts to £55.6bn, while total expenditure rose 6.9 per cent to £60.4bn.Meanwhile, debt, excluding public sector banks, increased by £15.9bn to £1.8 trillion, equivalent to 84.3 per cent of GDP.​The ONS said that of the £17.8bn borrowed by the public sector, £6.2bn went on “day-to-day” activities while the rest went on capital spending on projects such as infrastructure.  Tags: Trading Archivelast_img read more

Watchdog summons Corbyn and McConnell to meeting over misuse of statistics

first_img Share Tags: Jeremy Corbyn John McDonnell People whatsapp A Labour spokesperson said: “We received a letter this week which did not challenge any of our figures, but was requesting a meeting between officials on how those figures are presented.”We always strive to be as transparent as possible with our policies, as evidenced by costing our manifesto in 2017 unlike the Conservatives, and always welcome advice on how to do even better.” Sunday 4 November 2018 4:26 pm The staff of Labour leader Jeremy Corbyn and shadow chancellor John McDonnell have been summoned to a meeting by the UK’s statistics watchdog over the misuse of stats.Statistics Authority chairman David Norgrove has previously written to the Labour Party over a “lack of published information on sources, assumptions and methods to support statements”. Jessica Clark In February he wrote to the party over claims that Universal Credit would lead 40,000 children into poverty and, in August, Norgrove challenged a calculation that Labour’s free bus travel policy could save young people up to £1000 a year.The latest warning was connected to statements regarding Labour’s Inclusive Funds Policy, which were found to be correct. However, the watchdog took issue with the lack of information surrounding the statistics. “We spoke to your office who provided sources underpinning the statement on employment, and gave a breakdown of the approach taken to deriving the surplus funds arising from the policy. It would have been helpful for information about sources to be published at the time the claims were made. It is not our role, of course, to take a view about any assumptions that were made,” David Norgrove said.“The Authority has written to the Labour Party previously about a lack of published information on sources, assumptions and methods to support statements.”I would welcome a meeting between your team and the Office of Statistics Regulation to discuss how the Labour Party might apply the principles of the Code of Practice for Statistics in its communication of data.” whatsapp Watchdog summons Corbyn and McConnell to meeting over misuse of statistics last_img read more