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BREXIT IS HURTING A KEY AREA OF THE BRITISH ECONOMY WHICH INDICATES ITS HEALTH

LONDON — UK consumer spending fell on an annual basis for first time in four years as inflation driven by the Brexit vote pushes up prices, according to payment card company Visa. It measured that real consumer spending on Visa debit, credit, and pre-paid cards in May was 0.8% lower than in the same month last year. The figures indicate that Britain's sluggish economic growth in the first quarter — when it grew at the slowest rate in the G7 group — continued into the second quarter of the year.

INSIDE THE STORIED HOTEL BAR THAT CLAIMS TO BE THE BIRTHPLACE OF THE MARTINI

The official history of the martini is shrouded in mystery, and competing stories come from both the East and West Coast of the US. Despite the cocktail's recipe being documented in the 1880s in Harry Johnson's "Bartender's Manual" (the first guide to the bartending trade), there's still some debate as to where it came from. Its West Coast origins involve stories of gold miners going to the bar after striking it rich. On the East Coast, however, its rumored origin story takes place in the heart of New York City and involves the wealthy Astor and Rockefeller families.

3 WAYS TO SCALE YOUR BUSINESS AND MAKE MORE MONEY

Every entrepreneur longs for two things: more time and more money. You need time because you need to be able to balance running a business with family, friends and a happy life. You need money to run ads or pay employees or invest in your business.  While you cannot get more time because its literally impossible, you can leverage on these following strategies to scale and grow your business.

3 WAYS TO MAKE YOUR NEW EMPLOYEES MORE PRODUCTIVE

There are several underrated parts of running a business that can be very tricky. One of the them is adding new staff — both your business and the new employee have to adjust to each other to be able to deliver what is required from either side.  Here are three ways to make that transition a bit easier and more productive:  Everything na double double : Pair new employees with team members that have the experience that they need to learn. That way, the older employees can mentor new ones and the new ones can teach the older employees skills that they don’t have, but is beneficial to the business.

Now available to all Nigerians!!! Welcome to Amity Fund: A global financial community

 This is a sponsored post... Not endorsed by LIB Many of us have had unpleasant experiences participating unknowingly in fraudulent ponzi schemes and scam websites in Nigeria. Some schemes have tried to be better than others but they all fail regardless because of poor management, little growth or outright greed. Peer to peer funding has its roots overseas and has experienced high growth rates over the years in most developed countries. My name is Emeka and I would like to introduce you to one of such with members from all over the world called:  Amity Fund . I have been a member on the International Platform since April and my experience has been fantastic to say the least! Attached at the bottom of this post are screenshots of my dashboard now, proof of payment I received on Saturday and screenshots from my Telegram Group

How to Turn N25,000 into N1,000,000 in 30 days with MyPaidBills.com Peer to Peer Donations...Guaranteed

This is a sponsored post... Please wait! This is an Open Letter to every man, woman, wife, husband, boy or girl who has ever lost money to Peer to Peer donations platforms. Yes, I know that you have been hurt in all ramifications by various ponzi schemes. But the fact is lots of people have made good money from ponzi schemes and lots of people also have lost money in them. Me too. In fact, my wife and I have lost a lot of money to various but.... see more after the cut...

Mark Carney is the latest major figure to be duped by an email prankster targeting the City of London

                        LONDON — Bank of England Governor Mark Carney has become the latest senior figure in British finance to fall foul of an email prankster after being drawn into an exchange with a man pretending to be Anthony Habgood, the chairman of the Court of the Bank of England. As first reported by Financial News   on Tuesday afternoon ,  Carney exchanged emails with the anonymous hoaxer on Monday, May 22, discussing a fictitious party. The prankster got in touch with Carney from a free Hotmail email address — anthonyhabgood@hotmail.com, and invited the governor to a non-existent "Summer Nights themed soiree on Saturday 17th June," offering him "as much Martini as you can take."

10 things you need to know in markets today

                            Good morning! Here's what you need to know in markets on Wednesday. 1.  Prime Minister Theresa May said late Tuesday that the terror threat level in Britain has been increased from "severe" to "critical" after review by the independent organization the J oint Terrorism Analysis Centre .  The increased threat level means "not only that an attack remains highly likely, but that a further attack may be imminent." 2.  The FTSE 100 lost a little ground on Tuesday after the terrorist attack in Manchester late on Monday evening.   It passed back above the psychologically significant 7,500 point mark during morning trade and stayed there for most of the day, then slipped in the hours ahead of markets closing after the pound strengthened against the dollar, closing at 7,486.

Here are some videos of Trump and his cabinet members awkwardly dancing with swords in Saudi Arabia

Two videos posted on Twitter show President Trump, secretary of state Rex Tillerson, and secretary of commerce Wilbur Ross dancing while holding swords during their visit to Saudi Arabia. Reince Priebus and Stephen Bannon also make a brief appearance in the clip. Trump's visit to Saudi Arabia kicked off his first foreign trip as president. After Saudi Arabia, Trump will visit Israel, the Vatican, Sicily, and Belgium in an initiative to visit the sites of the world's three major religions: Islam, Judaism, and Christianity.

I'm convinced everyone overlooks the best deal at Trader Joe's — and it isn't food

My favorite part of Trader Joe's is the checkout line. Not because of the Belgian chocolate bars or sea-salt brownies that line the aisle (although, I'm not objecting), but because the checkout line is home to one of the best deals at Trader Joe's:  the greeting cards. They range from whale cards for birthdays ("Have a sea-riously awesome birthday!) to colorful cards for congratulations ("Here's to you!") to engagement, new baby, and sympathy cards. If you have an occasion, Trader Joe's has a card for it.

Graphic photos: Businessman beheaded in Osun state

A businessman simply identified as Isiaka, was beheaded by unknown persons around Erile community in Osun state on Wednesday May 17th. According to Facebook user, Salam Saheed who shared the story, Isiaka was on his way to collect money from one of his clients in Osogbo when he was beheaded. His body was found on a farm, mutilated and hanging from a tree. The police have reportedly arrested some persons in connection with the killing. Confirming the incident, the community leader who is the Bagii of Sakiland, High Chief Abdrasheed Gazali Adegoke, said the killing was unfortunate and monumental loss to the community. He urged the Division Police Officer in charge of the case to discharge his duties diligently and ensure that does behind the killing are brought to book.

33 of the best photos from around the US military

Happy Armed Forces Day! Established in 1949 by President Harry S. Truman, Armed Forces Day celebrates and gives thanks to the military for their patriotic service in support of our country. So in honor of the holiday, we rounded up 33 of the best pictures taken by military photographers. The Patriots Jet Team performs aerial acrobatics as pyrotechnics provided by the Tora Bomb Squad of the Commemorative Air Force explode, forming a "Wall Of Fire" during an air show on March 18, 2017.

Uber may charge you more based on where you're going

In a controversial move, Uber has started to charge riders a premium based on where they're traveling. Uber generally determines pricing by taking into account a trip's distance and duration as well as the level of demand in the area in which it originated. Now, though, it's charging extra to certain customers who travel along particular high-demand routes. After losing more than $2.8 billion last year — excluding what it lost in China — Uber is trying to increase its revenue and build a sustainable business, Daniel Graf,  Uber's head of product, told Business Insider in an interview at the company's San Francisco headquarters Friday. The company is also trying to offer a better experience for customers and drivers, he said. The pricing move "creates more trips in the city," Graf said. "More trips in the city means less wait times and shorter pickups time for riders and drivers."

Economists are puzzled about why incomes aren’t rising — but workers have a good hunch

Economists are often wringing their hands over why, despite a continuous eight-year economic recovery, workers’ wages remain largely stagnant, extending a trend that began some three decades ago. Yet anyone who has applied for a job in the last couple of years knows that, while the US unemployment rate is historically low at 4.4%, the labor market isn’t exactly bustling. Companies have become a lot more reticent about making new investments in the wake of the Great Recession and during the weak economic recovery that has followed it. That includes investing in people, and the hiring process has become slower and more onerous. It also means wage increases have become even harder to come by.

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FINANCE : IT'S OFFICIAL: LONDON'S HOUSING MARKET IS COOLING AFTER DECADES OF RUNAWAY GROWTH

LONDON — After decades of runaway growth, London's housing market is finally grinding to a halt, according to government figures published on Tuesday. The average London house price fell by 1.5% in March to £471,742, according to the Office for National Statistics. The 1.5% fall equates to an annual growth rate of just 1.5%. The ONS figures are the latest indication that one of the greatest asset run-ups in British history is reaching a standstill. Only a year ago, London house prices were rising by nearly 15% a year, and at their peak in 2000, prices were rising by 28.3% annually.

FINANCE : 'STAGNANT' DEMAND IS SLOWING THE UK PROPERTY MARKET

LONDON — "Stagnant demand" and uncertainty surrounding Brexit continues to slow the UK's housing market, according to surveyors and estate agents. The monthly Residential Market Survey from the Royal Institution of Chartered Surveyors — an important bellwether of the housing market — found that the number of property sales declined in April to their lowest level since the month following the Brexit vote, with 9% more respondents reporting a drop in sales over the month compared to March. New buyer enquiries also edged 4% lower. The survey said that momentum in the market was "continuing to ebb," and said there was no indication of change in the near future.

Court orders DSS, SSS to produce Ubah in court within 72 hours

Justice M.B. Idris of the Federal High Court sitting in Ikoyi, Lagos on Tuesday gave an order mandating the Director General of the State Security Service (SSS) and the Department of State Security to produce Dr Patrick Ifeanyi Ubah before the court within 72 hours of the court order.  The court also asked that the agencies in the alternative should show cause why he should not be released unconditionally or upon such conditions as the court may see fit in the circumstance. Justice Idris adjourned the matter delineated FHC/L/CS/644/2017 till May 12, 2017 for mention.

'Beware of scammers, we are not recruiting' - NNPC warns Nigerians

The Nigerian National Petroleum Corporation (NNPC)  has called on the attention of the general public to beware of any recruitment announcement or invitation for interviews as its organization is not employing at the moment. The warning to the general public comes after fake recruitments scams have been hovering around all social media platforms this year. In a statement by its Group General Manager, Group Public Affairs Division, Mr. Ndu Ughamadu,  on Friday , the NNPC said:

WORLD > IN MACEDONIA : RIVALS TRADE BLAME OVER PARLIAMENT VIOLENCE

                          Macedonia's rival political parties traded blame Friday for an eruption of violence in the unstable Balkan country's parliament which left scores of people injured. The chaos in  Skopje  broke out on Thursday evening, with dozens of nationalist demonstrators -- including a group of masked men -- breaking a police cordon and storming parliament in anger over a vote for a new speaker, an ethnic Albanian. Footage from the scene showed chairs being thrown as fistfights broke out in the parliamentary press room, while  Zoran Zaev , leader of the opposition  Social Democrats (SDSM) , had blood running down his face and shirt. The violence, which was condemned by the European Union and the  United States , follows two years of political crisis in the country of about two million people.