Day: July 5, 2020

SplitBill app unveiled to settle group payments between friends

An innovative new app called SplitBill which allows users to effortlessly divide a bill or expense in a seamless and cashless way launches today, after a successful round of funding.

SplitBill is the first bill sharing application which uses open banking to instantly and securely settle transactions within an all-in-one payment platform, completely free of charge.

SplitBill is being launched in the UK to take advantage of its booming open banking service, allowing users to instantly and securely transfer funds, set up ‘I Owe You’s’, and split bills at the touch of a button. The app can be registered with all major banks across the UK, including Barclays, HSBC, and Nationwide, as well as fintech providers, such as  Revolut, Monzo and Starling.

Founded by entrepreneur Ronald Javier Baddouh Abbate, the app was developed to solve the time and logistical issues with splitting bills and payments between groups of people. The

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Sports Direct brands government’s lockdown in Leicester as “half-cocked plan”

The owner of Sports Direct has criticised the government’s lockdown in Leicester as a “half-cocked plan” while arguing that its stores should be allowed to stay open.

Chris Wootton, chief financial officer of Frasers Group, has written to Michael Gove, the Cabinet Office minister, to ask for clarity over the classification of “essential retail”.

Mr Wootton argued that because Sports Direct stores sold bicycles they were comparable with Decathlon and Go Outdoors, whose stores have been allowed to stay open during the lockdown.

Mr Wootton asked why off-licences were allowed to open but sporting goods shops must shut, given the government’s focus on health. “For the government to deem such items [as alcohol and tobacco] essential to the public over and above the sporting goods we sell is perverse and actually scandalous,” Mr Wootton wrote.

Frasers Group has three Sports Direct stores in Leicester. It is understood to be pressing

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Alcoa ends 50-year Adbri contract

Adbri subsidiary Cockburn Cement is expected to cut up to 50 jobs after Alcoa of Australia did not renew its contract to purchase about $70 million of lime each year.

South Australia-based Adbri said it was too early to assess the full financial impact of the loss of the contract, which was due to expire on June 30 next year.

However, between 40 and 50 Cockburn Cement jobs including contractors are likely to be affected.

Adbri chief executive Nick Miller said the group had supplied lime product to Alcoa for almost 50 years.

“We are disappointed with Alcoa’s decision to displace locally manufacture product with imports from multiple sources,” Mr Miller said in an ASX announcement.

“We will work quickly to mitigate the impact on local jobs supporting our lime business and we remain committed to supplying our WA resources sector customers.”

Adbri, formerly known as Adelaide Brighton, recently

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Mitchell to depart WRAL after nine years

Mandy Mitchell

Mandy Mitchell, enterprise news reporter at WRAL, will be departing the station after nine years. She joined WRAL in 2011 as a sports reporter and anchor.

She tweets:

“Today is my last day at WRAL. I am leaving the TV business to start a new journey. Thank you so much for watching and for letting me tell your stories over the past 9 years. It’s been a privilege!”

Previously, Mitchell was a spots anchor at WIS-TV and before that, she was a sports reporter at WPDE. In addition, she has also served as newscast videotape editor at WPEC-TV CBS 12 News.

Mitchell is a University of Florida graduate with an undergraduate degree in telecommunications.

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