Now Santander lets you make payments using just your voice

Users of the bank’s SmartBank app can use their voice to check their account balance, report a lost or stolen card and even ask about transactions to keep an eye on how much they’re spending.Read more: “Alexa, what’s an annuity?” This insurance company is using Amazon EchoFor example the command “pay Joe £10” would transfer money to that person’s account while you can ask questions such as “what’s my balance” and “how much did I spend on holiday”. Like most banking apps, you can only pay people you already have set up.It’s the latest addition to Santander’s voice control functionality which first launched last year. “The worlds of technology and banking continue to evolve at pace, working hand in hand to deliver a friction-free user experience. We are excited to be the first UK high street bank to enable customers to make payments using just their voice, offering them another channel of choice in how they wish to bank,” said the bank’s head of technology innovation Ed Metzger. Read more: Business must embrace voice assistants – or be left screaming Lynsey Barber Several high street banks, including Barclays and HSBC are using voice controls as a secure way of logging into internet banking instead of the traditional password, but beyond biometrics, Santander is the first to add voice as a navigation tool.Amazon’s hit device Echo has pioneered the concept of voice assistants with Alexa helping out at home. And its popularity has signalled a switch from screens to voice as a way of interacting that has caught the imagination of many in technology. Alexa appeared in many of the products demonstrated at the Consumer Electronics Show earlier this year, and the technology was last week made available in the UK for integration within other products such as cars. Now Santander lets you make payments using just your voice whatsapp Monday 13 February 2017 9:24 am Share More proof that voice control is the future…Santander is now letting customers make payments just by asking their phone, along with several other new functions that work in a similar way to Apple’s Siri or Amazon’s Alexa “Appetite for simple, intuitive banking solutions has grown significantly in recent years. This pioneering technology has huge potential to become an integral part of the future banking experience, playing a transformational role in the industry and redefining how customers choose to manage their money.” whatsapp read more

Article 50 Bill debates resume with a plea for the House of Lords to remember the Brexit verdict

Article 50 Bill debates resume with a plea for the House of Lords to remember the Brexit verdict Read More: Davis questions whether Article 50 opponents trust the British peopleThe House of Lords will then move on to debate amendments on between 27 February and 1 March, with a final vote scheduled for 7 March.After peers approve the Bill it will enter a final phase of “ping pong” where the Commons and Lords will seek mutual agreement on the text of the legislation before it can be granted royal assent by Queen Elizabeth II.The government hopes to pass the Bill in time for May to trigger Brexit talks by the end of March. Share The House of Lords has kicked off two days of debate on the Article 50 Bill with a government peer asking lords to remember a “collective sense of responsibility”.The Bill was passed unamended by the House of Commons before parliament went into recess earlier this month. whatsapp Monday 20 February 2017 4:10 pm “But I also know that noble lords respect the primacy of the elected house and the decisions of the British people on 23 June last year,” Evans said.Read More: Rebel peers are confident of amending Theresa May’s Article 50 BillWith May taking advantage of her prerogative to sit on the steps below the royal throne in the House of Lords, Baroness Smith responded for Labour with a promise not to “block or sabotage” the Article 50 Bill.However, Smith added that peers would not be cowed in their desire to scrutinise the government, and said that if the House of Lords passes amendments on the Bill, “it is not a constitutional outrage, but a constitutional responsibility”.Almost 200 peers are expected to speak during the second reading of the Article 50 Bill over the next two days. whatsapp Mark Sands And introducing the Bill in the second chamber today, House of Lords leader Baroness Evans told peers to remember the support among MPs for the Brexit legislation, which grants Prime Minister Theresa May the power to formally launch negotiations.Read More: READ: The whole text of Theresa May’s Article 50 Bill“This bill was the subject of detailed debate in the other place, and was passed unamended with an overwhelming majority of 372.“It comes to us with a strong mandate from both the people and the elected house, and we should not overlook that,” Evans said.She added that peers should take a “constructive” approach, noting the government was “under no illusion about the challenge and rigour that will be evident in our debates”. read more

Ex-Lloyds Libor traders hauled in by fraud squad as part of its ongoing probe into manipulation of the benchmark rate

whatsapp Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourMore People Now Use YouTube Than Facebook or Instagram – What Happened?The WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourWhat Causes Hair Loss? Every Trigger ExplainedVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapSmoking and Hair Loss: Are They Connected?VegamourRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap A number of former Lloyds Banking Group traders have been quizzed by the fraud squad as part of its ongoing investigation into Libor manipulation.The Serious Fraud Office (SFO) has been probing the rigging of the benchmark rate since 2012. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCarammelloIf Your Dog Isn’t On This List, It’s Not A Smart BreedCarammelloWork + MoneyThe Most Highly Educated States in the U.S.Work + MoneyVitaminews[Pics] Put Baking Soda Around the Base of a Tomato Plant, Here’s WhyVitaminewsWeniixTop 5 best compact saloons 2021 – WENIIXWeniixBleuBloom.com8 Tips To Keep Your Fruits and Veggies Fresh LongerBleuBloom.comHistory DailyNo One Expected To This To HappenHistory Dailytibgez10 Signs & Symptoms of Lewy Body Dementiatibgezgeasbest2Top 18 Reasons Why Cats Follow Us to The Bathroomgeasbest2Online Dating | Search AdsGorgeous Single Ladies (look)Online Dating | Search Ads Hayley Kirton Wednesday 1 March 2017 7:03 pm Ex-Lloyds Libor traders hauled in by fraud squad as part of its ongoing probe into manipulation of the benchmark rate Now, Bloomberg has reported the prosecutor has called in a number of ex-Lloyds traders in recent months to be questioned under caution about the scandal.Interviews are usually carried out under caution when somebody is considered a possible suspect, and the answers given can be used in court if needs be.A Lloyds spokesperson said: “We are unable to comment on speculation regarding possible ongoing investigations.”The SFO declined to comment.Lloyds itself was handed hefty fines back in 2014 for failings over rate rigging, including a £105m fine from the Financial Conduct Authority (FCA) – the joint third-highest fine at the time to be handed down by the regulator and the seventh linked to Libor – and $86m (£69.8m) from the US Department of Justice. At the time, the FCA said 16 people at Lloyds, including seven managers, were involved in, or at least aware of, some sort of Libor manipulation. whatsapp Share read more

It’s all fun and games, until Labour crashes the economy

Rachel Cunliffe It’s all fun and games, until Labour crashes the economy Share McDonnell told Momentum activists at a Labour conference fringe event on Monday night that “people want to know we’re ready” for the chaos that could hit if the party were ever elected – such as capital flight and a run on the pound. And the person to get them ready, apparently, is the self-proclaimed “cybernetic communist” Richard Barbrook.Read more: Labour’s scenario planning for a run on the pound if it gets electedBarbrook is the left-wing academic who wrote Corbyn’s digital manifesto, without any reference to protecting people from online abuse, even as Labour MPs were receiving death and rape threats for perceived disloyalty to their leader. He has his own personal brand of nastiness when it comes to moderate Labour MPs, having urged them to “shut the f*ck up” and pushed for their deselection.On any other day, this discrepancy with Corbyn’s “kinder, gentler politics” would be the main story.But in this case, the revelation of what Barbrook is actually doing is even more disturbing. His “Class Wargames” website promises to create a space that “investigates gaming as a metaphor for social relations under repressive neoliberalism” and “trains the militants of the cybernetic communist revolution to come”. This is not the language of a new government confident in its democratic mandate.In fact, Mason’s military imagery went further, and more specific. He compared the first few months of a new Corbyn government to the Battle of Stalingrad – a victory for the Soviets, yes, but an immensely bloody one won under the leadership of a despot who slaughtered millions of his own people.Is that really an analogy the Corbynites are comfortable with?McDonnell has long been a proponent of revolutions, and has in the past endorsed groups who favour violent and illegal action over the slow pace of democratic change. But nonetheless, it is shocking to hear one of the leading members of the opposition in full-on combat mode, proudly explaining how the party plans to button down the hatches to ward off the country’s fury when it deliberately tanks the economy.At the start of the conference, we saw Labour party delegates and trade unionists celebrating the fact that 40,000 drivers could soon be out of work thanks to TfL’s ban on Uber. Now we have the shadow chancellor assuring us that the party has contingency plans for the chaos it intends to cause.Labour does have sensible, hard-working MPs with smart ideas for improving Britain – Angela Rayner made a strong impression yesterday, while Sir Keir Starmer is widely well-respected.But when party heavyweights are using a cybernetic communist to map out how to force through change the electorate will inevitably resist, that’s not a government in waiting – it’s an aspirational coup d’etat.Read more: DEBATE: Has Labour got its act together after a year of turbulence? by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeEcoRide™ Fuel SaverHow to Reduce Your Lower Fuel Consumption by up to 15%EcoRide™ Fuel SaverCrawl Space Repair | Search AdsCheap Foundation Water Leak Repair Services in ScottsdaleCrawl Space Repair | Search AdsHealthline: Medical information and health advice15 Evening Habits that are Definitely Bad for Night’s SleepHealthline: Medical information and health adviceBIBAThings Are Different For William And Kate – Here’s What HappenedBIBATripCuratorThe Best All-Inclusive Resorts for Your BuckTripCuratorweniixTop 5 best family SUVs of 2021 – WENIIXweniixEnanow12 Make-up Mistakes You Should Stop DoingEnanowCustomize Watch Gift”To My Husband” Customize Watch GiftCustomize Watch GiftMuscles Workouts7 Steps To Burn Calories DancingMuscles Workouts This, according to the shadow chancellor, is how the official opposition party is preparing for government.There are a couple of fascinating – if disturbing – things to note about the war game plan.The first is, obviously, the cultishness of Barbrook’s project. The website, which explains how gamers can be promoted into “activists”, looks suspiciously like a medium for indoctrinating young people through gaming, using phrases like “the production of works of ludic subversion in the bureaucratic society of controlled consumption”. There are even disciplinary procedures for “activists” who fail to meet expectations.Clearly, this is not a game, but nor does there seem to be any of the scientific rigour that one hopes would form the basis for an economic platform.But the second, broader, point would stand even if Barbrook was leading a team of economists and data scientists – namely, these people know they are going to crash the economy. whatsapp More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their mailboxesnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comPuffer fish snaps a selfie with lucky divernypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com Wednesday 27 September 2017 10:24 am And they want to be ready.Labour’s inner circle is acting as though the prospect of Prime Minister Corbyn is only a matter of time. The rest of McDonnell’s fringe speech included promises to “hit the ground running” with a range of radical economic policies – tax rises, new regulation, renationalisation, government seizure of private property.The controversial promise during his official speech earlier that day to bring PFI contracts back under state control is only the beginning.The fact that the Corbyn team is turning to Barbrook to game out the backlash their economic regime would cause shows they are well aware of both how unpopular and how damaging these policies would be.And they are expecting resistance – McDonnell used words like “assault”, while the Corbynite economist Paul Mason talked about being “in crisis mode”. Labour is “war-gaming” crashing the economy.That’s not the exaggerated spin of the hysterical mainstream media – it’s the words of shadow chancellor John McDonnell himself. whatsapp read more

The economic answer behind superstar salaries

Rosen, writing well before the internet, argued that advances in communications technology such as radio and television increased enormously the potential size of markets involving joint consumption. As he put it so succinctly, “the possibility for talented persons to command both very large markets and very large incomes is apparent”.For example, the football played in England’s Premier League is in general better than that in the Scottish Premiership. But the English league rakes in well over £1bn a year in television rights, and Scotland less than £20m.It is the combination of the joint consumption nature of these services and advances in communications which mean that a relatively small number of sellers can in principle service the entire market.The more talented they are, the fewer still are needed. And that’s how they are able to earn so much.Read more: Editor’s notes: Amazon boss should look closer to home to spend his fortune whatsapp Paul OrmerodPaul Ormerod is an economist at Volterra Partners LLP, a Visiting Professor in the Department of Computer Science at UCL, and author of Against the Grain: Insights of an Economic Contrarian, published by the IEA in conjunction with City A.M. whatsapp These vast sums appear to pose a challenge to economic theory. These players and actors are very good, but they are not so stupendously better than others who get paid very much less. How can this be explained?The answer was provided in a brilliant article by the American economist Sherwin Rosen as long ago as 1981, entitled “The economics of superstars”.Rosen based his theory on the fact that activities such as watching a sport or going to a film involve what economists call “joint consumption”.If I am watching Arsenal, say, on the television, it does not matter how many other people are viewing at the same time. The game is still available for me to watch. In contrast, if I book a table at a popular restaurant or a particular seat on a flight, no one else can use it.In 1880, if you wanted to hear a particular singer, you had to go to a live performance. Perhaps a thousand people could enjoy the joint consumption of the product. In 1980, tens of millions could watch on television. Share Wednesday 12 September 2018 11:20 am More From Our Partners UK teen died on school trip after teachers allegedly refused her pleasnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.com Rugby Union’s Premiership season is underway again.This is yet another professional sport which operates on the principles of socialism: the money all ends up in the pockets of what we might call the “workers”. The economic answer behind superstar salaries In a sport which was allegedly only played by amateurs until the mid-1990s, earnings have boomed. The average salary in the Premiership is over £200,000, and the stars are paid around the one million mark.Read more: Why Fifa and Premier League are at odds over agents’ feesAs a result of such payments, most of the Premiership clubs are only kept afloat by huge loans from their owners. Their accounts for 2016/17 were released at the end of August. Bruce Craig has put £18m into Bath since 2010. Bristol owe more than £20m. Wasps have liabilities approaching £50m.But the players’ earnings are mere shadows of those of the top American sports stars. According to Forbes magazine, in the year to June 2018, the 100 best-paid athletes made $3.8bn between them. The boxer Floyd Mayweather topped the list with $285m.Stars of popular culture pull in similarly staggering amounts. George Clooney earned $239m and Dwayne Johnson was the second highest among male actors at a mere $119m. read more

Crispin Odey makes hurried correction to report he wants to enter British politics

first_img whatsapp Crispin Odey makes hurried correction to report he wants to enter British politics Read This NextIf 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 EyebrowsVegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamour’Drake & Josh’ Star Drake Bell Pleads Guilty to Attempted ChildThe WrapSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamour’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Monday 17 September 2018 6:28 pm Prominent hedge fund manager Crispin Odey today issued a hurried denial that he intends to swap the world of high finance for front-line politics after a report that he was considering trying for public office.Odey, founder of Odey Asset Management, was reported by Financial News to have expressed an interest in entering political life, but later backtracked in an email to Bloomberg News. Share The hedge fund manager has already thrown his weight around in the political arena. In 2016 he donated more than £600,000 to pro-Brexit campaigning organisations ahead of the EU referendum.“It is not true that I am planning to enter politics,” Odey wrote, according to Bloomberg News. “I know my limitations and others know them better than me!”Read more: Crispin Odey: Banks ‘luring investors to their deaths’Odey regularly uses his letter to investors to give his views. The investor is renowned for his bearish opinions.Last month Odey told investors that British banks have come to resemble department stores with outdated business models, “luring every year value investors to their deaths”.center_img However, Odey has been stung in the past for his contrarian views, reportedly sustaining major losses in 2016 and 2017.Odey Asset Management declined to comment. whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse CoastUndomoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comUndoCleverstBaby Has Never Eaten Sugar Or Carbs, Wait Till You See Her TodayCleverstUndoBetterBe20 Stunning Female AthletesBetterBeUndoTrading BlvdThis Picture of Prince Harry & Father at The Same Age Will Shock YouTrading BlvdUndoDefinitionThe 20 Worst Draft Picks Ever – Ryan Leaf Doesn’t Even Crack The Top 5DefinitionUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndo Jasper Jolly last_img read more

Commuters suffer as five-day SWR train strike starts

first_imgSWR warned a reduced service will affect most of its network today, while “some routes will not have a train service or a replacement bus service”. whatsapp “They are angry and frustrated that despite suspending action in good faith, and entering into talks in a positive and constructive manner, South Western Railway have dragged their heels and failed to bolt down an agreement that matches up to our expectations on the guard guarantee,” Cash added. But the operator called the South Western Railway strike “unnecessary”, adding: “Clearly, they have decided to target popular events such as Royal Ascot with this cynical action which is driven by internal RMT politics.” Royal Ascot horse-racing fans will be affected by today’s South Western Railway strike Commuters stand on the concourse at Waterloo station in central London on January 9, 2017, minutes before a 24-hour tube strike is due to end. Millions of Londoners endured a chaotic start to the week on Monday after a strike shut down most of the Underground network, including many city centre stations. Ten of the 11 Tube lines were disrupted by the 24-hour strike by members of the RMT union, who walked out on Sunday evening in a dispute over job cuts and staffing levels. / AFP / Daniel LEAL-OLIVAS (Photo credit should read DANIEL LEAL-OLIVAS/AFP/Getty Images) Share Tuesday 18 June 2019 8:00 am by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OraclePsoriatic Arthritis | Search AdsWhat Is Psoriatic Arthritis? See Signs (Some Symptoms May Surprise)Psoriatic Arthritis | Search AdsDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyNext RefinanceThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryNext Refinance A spokesperson slammed the timing of the five-day strike to coincide with the annual horse racing event and Hampton Court Palace Music Festival. whatsapp The operator is running extra services between London Waterloo and Reading and Waterloo and Hampton Court. Passengers face rush hour chaos for the rest of the week and into the weekend on the route after workers with the Rail, Mairitme and Transport Union (RMT)  walked out over a long-running guards dispute. “RMT members are standing rock solid again this morning on South Western Railway in the long-running fight for safety, security and access on our trains while the private train company sends out the signal that it is prepared to gamble with their passengers well-being in the name of profit,” said RMT general secretary Mick Cash. Commuters faced the first of five days of disruption as a South Western Railway strike hit trains to and from London Waterloo station today. SWR pledged in February to operate a guard with “safety critical competencies” on each train, the RMT has said, claiming the operator has since rowed back on that aim. Read more: These are London’s most stressful stations The union has accused the train operator of “dragging its heels” in prolonged talks over the last few months. “It’s very disappointing that despite having had dates in the diary for what we hoped would be further constructive talks, the RMT union decided to call disruptive strike action over the course of five days,” they said. South Western Railway strike: Thousands hit by industrial action Read more: Royal Ascot guests risk disruption due to train strike Joe Curtis But the RMT claimed it was “left with no choice” but to strike due to SWR’s stance over reducing the number of guards on SWR trains. More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comlast_img read more

Terra Firma on brink of £160m care home deal with Barchester Healthcare

first_imgThursday 14 November 2019 4:48 pm Share The transaction would bolster Barchester’s 200-strong estate which has a staff of about 17,000 people and look after 11,000 residents. The deal would bring to an end a long-running chronicle that saw Hands locked in a legal battle over the ownership of the portfolio which was settled last year. More From Our Partners Inside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden 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.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgConnecticut man dies after crashing Harley into live bearnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comWhy people are finding dryer sheets in their mailboxesnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com He knew he was right A deal for the care homes has been under discussion for several months and it could be signed within days, the report said. Read more: Guy Hands ‘pulls out of takeover plans’ for German Cartonplast The potential deal with Barchester follows previous talks between Terra Firma and Patron Capital Partners about a deal during the summer. Terra Firma on brink of £160m care home deal with Barchester Healthcare Read more: Terra Firma boss Hands employees hefty pay rise The parent company of Four Seasons was placed into administration in April, but has failed to find a buyer despite negotiations with a series of potential buyers.center_img Barchester was in the process of being sold earlier this year for up to £2.5bn to Australian bank Macquarie before the deal collapsed amid worries about the impact of a potential no-deal Brexit. James Booth Barchester and Terra Firma declined to comment. The 24 sites which are owned by Hands’ Terra Firma Capital Partners are close to being sold to care home operator Barchester Healthcare, Sky News reported. Terra Firma acquired Four Seasons Health Care in a £825m deal in 2012, but it sunk into financial difficulties and then endured a fight with its largest lender, H/2 Capital Partners. The sale comes as Hands tries to refocus his private equity firm and try to raise money for new deals. For Hands, the deal will represent a successful conclusion to a foray into a sector that has caused him significant difficulties in recent years. whatsapp The business is owned by JP McManus, John Magnier and Dermot Desmond, a trio of wealthy businessmen who have investments have included horse racing and Manchester United Football Club. whatsapp A portfolio of care homes that private equity boss Guy Hands secured after a fierce legal battle is on the cusp of being sold for £160m.last_img read more

TCI threatens investors over climate change as pressure mounts on sector

first_imgAlthough none of the world’s chief financial centres currently consider climate risk disclosure mandatory, London regulators are reportedly thinking about it. According to the research, the investment portfolios of the 15 biggest asset managers are “misaligned” with the goals of the Paris Agreement in “significant portions of their portfolio holdings covering the automotive, electric utilities and fossil fuel production sectors.” “If governments won’t force disclosure, then investors can force it themselves.” TCI threatens investors over climate change as pressure mounts on sector TCI has asked the companies which it manages to declare their annual emissions through CDP, an environment consultancy, and publish reduction targets. A report last week from Influencemap showed that Blackrock and Capital Group were the least supportive asset managers of climate-related shareholder resolutions. Edward Thicknesse Activist hedge fund TCI has called on company directors to disclose their carbon dioxide emissions or risk punishment. The letters also called on asset owners to fire fund managers that do not insist on climate transparency. whatsapp whatsapp The move comes as investors are placing increasing importance on the sustainability of their portfolios. The move comes as the UN climate summit begins today in Madrid. Last week the EU declared a “climate emergency” in an attempt to increase pressure on governments to work together to find solutions for the growing ecological crisis. Monday 2 December 2019 8:34 am Read more: Portfolios of biggest asset managers misaligned with climate targets Read more: Mark Carney appointed UN climate envoy ahead of Bank of England exit Hohn also accused Blackrock, the biggest asset management firm in the world, of “greenwashing”, calling their record on climate “appalling.” A spokesperson for Blackrock said: “We put a priority on engaging with a company on addressing climate-related issues even in the absence of shareholder proposals.” Hohn said: “Investing in a company that doesn’t disclose its pollution is like investing in a company that doesn’t disclose its balance sheet. Share According to the Financial Times, TCI, which is led by venture philanthropist Sir Christopher Hohn, has sent letters to companies such as Airbus and Moody’s warning them to improve their pollution disclosure or face having their directors voted against. Tags: Asset managementlast_img read more

Government to review rollout of controversial IR35 tax reforms

first_imgThe government said today it will review the rollout of controversial tax plan IR35 which is due to take effect in April 2020. James Booth Under the changes private sector employers will be responsible for assessing whether or not contractors need to pay income tax and national insurance contributions. Financial secretary to the Treasury Jesse Norman said: “We recognise that concerns have been raised about the forthcoming reforms to the off-payroll working rules. Government to review rollout of controversial IR35 tax reforms Read more: HMRC collects nearly £10bn via tax probes She said: “This seems to be another meaningless review from a government who seems intent on bulldozing ahead with its plans anyway.  They are expecting the review to be completed by mid-February which is simply not long enough to consider the deeply complex range of issues that the off-payroll legislation is throwing up.   Tuesday 7 January 2020 4:05 pm It said this would include improving access to finance and credit, making the tax system easier to navigate and examining how broadband can boost homeworking. The government said the review would be concluded by mid-February and said it would engage with individuals and businesses on their experiences of the implementations of the reforms. “HMRC has stated that it will be continuing its preparations to roll out the reforms in April come what may. We have also learned today that the review will focus on the implementation of the reforms rather than the reforms themselves which is not what was suggested and is not what is needed.   “The purpose of this consultation is to make sure that the implementation of these changes in April is as smooth as possible.” IR35, which aims to prevent workers from disguising themselves as freelance contractors as a way to pay less tax, is being extended in April. Share whatsapp Today, the Treasury said it was launching a review of the rollout of changes to off-payroll working rules after concerns were raised by affected individuals and businesses. “We’ve already heard big corporations say they’ll pull the plug on contractors if planned changes to IR35 go ahead in April. Julia Kermode, chief executive of the Freelancer & Contractor Services Association called today’s announcement “nothing short of an insult”. The government said it would also launch a separate review to explore how it can better support the self-employed. In November, chancellor Sajid Javid pledged to examine the controversial reforms initiated under his predecessor Philip Hammond. “I fear that today’s pledge is simply the government paying lip-service to empty election promises and nothing short of an insult.” “We have to remember that we’re in a global competition for talent. We need to make the UK a better, not more restrictive, place to do business.” Read more: What is IR35? Everything you need to know about the tax coming to the private sector whatsapp The chairman of the Federation of Small Businesses Mike Cherry called for a delay to the rollout of the new rules in the light of the review. Read more: ‘Damaging’ tax changes set to hit self-employed workers “This important review presents an opportunity to reassess our flawed off-payroll legislation. Show Comments ▼last_img read more