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Kim Kardashian’s Skims hits $5bn valuation
Osmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
Cheltenham mum hosts free toy swap to help budget for Christmas
Dawn Limbu,West of Englandand Nicky Price,Gloucestershire Tzara Spurrier Tzara Spurrier, pictured in the middle, is hosting a free toy swap for local families A mum of two from Gloucestershire is hosting a free toy swap to help families budget for Christmas. Tzara Spurrier and her sister Maria will host the event from 10:30 – 13:00…
Victims of romance fraud tricked out of £106m last year
BBC Varun lost his entire life savings after he was a victim of romance fraud on a dating app Romance fraud, a growing crime that targets both the heart and the pocket, saw an estimated £106m lost by UK victims in the past financial year. One of those who lost money and a romance was…
Rachel Reeves plans ‘targeted action’ on bills in Budget
Faisal IslamEconomics editor Watch: Government will be taking targeted action on cost of living, says Reeves Chancellor Rachel Reeves has said she is planning “targeted action to deal with cost of living challenges” in next month’s Budget. Speaking to the BBC, she said it was the job of both the government and the Bank of…
Betfred says all its shops may close if Reeves hikes gambling tax
All 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company’s co-founder and chairman has told the BBC. Fred Done, who set up Betfred in 1967 with his brother, said a closure of that size would put 7,500 jobs at risk. The billionaire businessman…
