A water-only cocktail bar is opening in Selfridges later this year May 22, 2016 Good news for teetotalers with expensive tastes. As the oil and gas industry endured tough times earlier this year, the media was rife with speculation that petrol, which fell to 86p per litre in January, could become cheaper than water. Now that Brent crude prices are recovering, with barrels valued at close to $50 (£34.46), [...]
These are the nation’s most useful BBC Food recipes May 22, 2016 Pancakes are not just for Shrove Tuesday, it turns out. Brits are loving pancakes all year round come rain or shine, according to the BBC, which has analysed its most popular recipes that the nation apparently can't live without. An outcry by food lovers across the land to news that more than 11,000 delicious recipes would [...]
Contactless card payments are still on the up, but customers aren’t completely sold on them yet May 20, 2016 Contactless payments have more than doubled in the last year from one in 16 transactions to one in seven, but consumers are still not fully sold on them, according to new research. A survey of 2,000 adults by Defendernote indicated that almost a third (30 per cent) said bank customers should reserve the right to [...]
This banking platform is using wearables delivering electric shocks to stop people going over their spending limit May 19, 2016 A new banking platform promises to reduce overspending among millennials, by using the "Internet of Things" to break bad spending habits. The platform – called "Interact IoT" – was devised by FinTech company Intelligent Environments and connects individuals’ bank details with smart devices such as Nest and Pavlok. Go beyond your spending limit, and your heating will automatically be turned [...]
Addison Lee is pouring cash into its luxury car fleet after a jump in demand May 19, 2016 Private hire company Addison Lee has spent £3.2m on 100 new Mercedes Benz E-Class saloons in response to a 15 per cent jump in executive car bookings over the last year. Andy Boland, chief executive at Addison Lee, said: We have made major investments to expand our executive fleet, this has ensured we have the best drivers and the best vehicles [...]
Google just launched a personal assistant that can control your home, book movies and search the internet May 18, 2016 How would you like to run your whole house by using just your voice? Google just made that possible by cashing in on the Internet of Things trend. The tech giant today launched Google Assistant, a digital Man Friday, at its annual developer conference in Mountain View, California The new device, similar to Apple's Siri, allows users [...]
Pay by Fitbit? It could soon be a reality after this acquisition of assets from fintech startup Coin May 18, 2016 Fitbit has indicated a move into payments with the acquisition of technology from a Silicon Valley firm specialising in wearable payments, meaning users might in future be able to pay for things simply by swiping their Fitbit. The tech company has snapped up the assets of Coin, a startup in the fintech and wearables space which created a [...]
I, for one, welcome our imminent driverless car overlords May 18, 2016 The only way we’d know that the government was any more on board with driverless cars was if the Queen had pulled up to the Houses of Parliament today in the back of one rather than in a horse drawn carriage. It's no wonder, considering the interest from the likes of Google, Apple and the majority of major car makers, that [...]
Before the bell: What you need to know before the US market open May 18, 2016 Japan avoids a recession and the oil price could be about to climb over $50 per barrel for the first time this year. Here's what you need to know before the US market open at 2:30pm London time. Markets look flat before the open. S&P futures are dead-centre, not even a point off. The Nasdaq is down by 0.01 [...]
The Nokia brand is as tough as the 3310 and is making a come back: Microsoft offloads Nokia handset business to Foxconn for $350m while Finnish company HMD picks up licences May 18, 2016 After Microsoft bought Nokia's handset business in 2014 we thought the 1990's icon Nokia would be gone from phone shops for good. Now it looks as though the brand is a tough as its famously indestructible 3310, after being revived by a sell off from software behemoth Microsoft. Microsoft, after just yesterday revealing its stance on Brexit, has passed on its mobile [...]