Vinted, the digital marketplace for second-hand fashion, has reported a dramatic surge in profits as demand for resale platforms continues to grow. The Lithuanian-headquartered company posted a profit before tax of €95.4 million (£80.3 million) for 2024 — nearly triple its €33.4 million profit the year before. The resale giant also saw revenue climb by 36% to €813.4 million, up ...
A major new employment initiative backed by £10 million in government funding has officially launched in York and North Yorkshire, aiming to help thousands of people with health conditions return to or remain in work. The programme is part of the government’s Get Britain Working Inactivity Trailblazer scheme and sees York and North Yorkshire Combined Authority selected as one of ...
In my career, I have worked with many companies from various domains. They all had different approaches to doing business. But what they had in common was their desire to grow without increasing their costs and complicating their processes. One of the ways to do it was (and still is) outsourcing some business tasks, such as customer support. Professional dedicated ...
The UK has taken a major step towards mainstream adoption of digital assets with the launch of GFO-X, London’s first regulated and centrally cleared cryptocurrency derivatives trading platform. Backed by FTSE 100 asset manager M&G and authorised by the Financial Conduct Authority (FCA), GFO-X will offer institutional investors access to bitcoin index futures and options. The first trade on the ...
The UK government’s ambitious immigration reforms risk harming economic growth and deepening the country’s skills crisis unless matched by a fundamental overhaul of the domestic training system, leading business groups have warned. Following Prime Minister Sir Keir Starmer’s announcement of a “comprehensive plan” to reduce immigration, the Institute of Directors (IoD) said the proposals could worsen already critical labour shortages ...
Wage growth in the UK has slowed to its weakest level since November, while unemployment has crept higher, as businesses brace for a series of cost pressures including tax hikes and a rise in the national minimum wage. According to new data from the Office for National Statistics (ONS), regular pay excluding bonuses rose by 5.6% in the three months ...
A combination of unseasonably sunny weather and the later timing of the Easter break fuelled a sharp increase in retail sales across the UK in April, as consumers headed outdoors and opened their wallets for home and garden improvements, new data shows. Retail spending rose by 7% year-on-year last month, according to figures from the British Retail Consortium (BRC) and ...
I have been in the online casino space long enough to know that finding the best place to compare online casinos, especially based on payment methods, is more demanding than it should be. Swift withdrawals, PayPal compatibility, and support of your local bank are some of the conventional methods that are readily available on the majority of platforms. So, when ...
Solitaire.io, the innovative online card game platform founded by Welsh creative entrepreneur Gaz Thomas, is launching a bold new physical product: Mosh Idols Punk Rock Playing Cards. Backers of the Kickstarter campaign, which is now live, will receive a punk-themed deck of playing cards enhanced by eXtended Reality (XR) features. When viewed through a phone camera, the cards come to life, ...
Employers across the UK are scaling back hiring plans as rising labour costs and economic volatility take their toll, with new data showing workforce expansion expectations at their weakest level in a decade outside the pandemic. The latest Labour Market Outlook from the Chartered Institute of Personnel and Development (CIPD) reveals that the net employment intention — the difference between ...