Since the 2008 British tax payer bailed out and rescued Lloyds bank, has agreed to pay £1.9bn in cash to acquire credit card company MBNA from a subsidiary fo Bank of America. MBNA will be maintained as a separate brand. The deal is expected to increase Lloyds’ share of the UK credit card market by receivables from…
Chinese start-up Meitu, with more than 450 million female teenagers who use the app every month is worth $4.6bn. Meitu, a global innovator in mobile video and photography, including proprietary facial recognition and virtual “try-on” technology for make-up and hair, famous for an app that helps people to “beautify” their selfies, by tweaking their face…
Advertising Standards Authority has banned a Heinz television advert teaching viewers how to use the tin cans to create a song, as it is encouraging behaviour that risks health and safety. The advert featured children, teenagers and adults using empty cans to drum out the rhythm of the song, with the catchphrase “Learn the #CanSong”.…
The European Hotel Design Award winners were announced last night 21st November 2016 at a dinner and ceremony attended by 800 guests from across Europe, honouring exceptional hotel design and architecture, held at London’s Park Plaza, Westminster Bridge, hosted by Celia Geyer and Sleeper Magazine Editor-at-Large, Guy Dittirch, The Headline sponsor was GROHE and the…
Tim Harford author of Messy, Undercover Economist at the FT, Presenter of BBC More or Less won the 2016 Bastiat Prize for his column in Financial Times Weekend Magazine. His works include looking at familiar situations in unfamiliar ways and explains the fundamental principles of the modern economy. His theory that challenges and problems can…
Eat more cooked carrots as they release more nutrition than eaten raw and carrot juice increases the availability of carotenoids by 600 per cent. Chillies stimulate endorphins ( feel-good chemicals in the brain and speeds up heart rates and gets you sweating which mimics the feeling of being aroused. Aphrodisiacs Oysters loaded with…
Facebook-owned, WhatsApp, the instant messaging app on Tuesday 15th November 2016, launched its video calling feature with over billion users. The feature will be available on all platforms – Android, iOS and Windows. WhatsApp started with messaging, Group Chat and voice calling. When you receive the WhatsApp app update with the video calling feature you…
Indian Prime Minister Narendra Modi made good on his election pledge with a shock declaration on Tuesday that so-called high-value currency notes denominations of Rs 500 and Rs 1000 would not be legal tender as of midnight that day. This draconian move affected £177bn ($223bn) worth of notes, an 86 per cent of rupees…
Instagram is rolling out live video in its photo app, and hopes to lure users away from traditionally televised events. “Live is really exciting for us. I think it can enhance what we’re doing,” Kevin Systrom CEO of Instagram said. “ To strengthen relationships with someone I love, those streaming video to me live would…
House prices increased by 5.2 per cent in the UK according to a survey in the three months to October 2016, by Halifax leading mortgage lender. Prices increased by 1.4 per cent in October 2016, compared to 0.3 per cent in September 2016. According to Halifax, the house price growth may ease further in the…