Author: Scott Dylan

Adam Frisby, the founder of In The Style, is stepping down, leaving a significant gap in the renowned fashion retailer.Frisby shared his emotional departure on Instagram, expressing the difficulty of his decision after over a decade of dedication.His resignation follows his transition from CEO after helping steer the company back to profitability.The brand, which Frisby founded in 2013, was sold to Baaj Capital, allowing it to avoid administration.Despite leaving, Frisby hinted at future ventures, signalling this is not his business farewell.Adam Frisby, the visionary behind the popular fashion brand In The Style, has announced his departure, marking the end of…

More and more people in the United States are reaching the age of 100, sparking curiosity about the keys to a longer, healthier life. Former President Jimmy Carter celebrates his centennial this week, prompting further conversations about longevity.Ideas continue to evolve on how to live not just longer, but healthier and happier. From advancements in science to refined lifestyle choices, there are multiple dimensions involved in achieving this milestone.The Role of NutritionNutrition plays a pivotal role in longevity. Scientific research supports the idea that a balanced diet, rich in fruits, vegetables, and whole grains, can help in maintaining health and…

Carmoola, a London-based car finance firm, has increased its debt with a new £100m loan from NatWest, aiming for significant growth in loan originations.Carmoola refinanced £31m in loans last year and holds a senior revolving credit facility of £50m, extendable by £25m.The company plans to leverage the financing to expand its customer base, projecting billions in loan originations over five years.Despite a revenue surge to £2.7m in 2023, Carmoola’s losses have doubled to £7.4m, with debt financing costs quadrupling to £2m.NatWest expresses continued confidence in Carmoola, highlighting the firm’s innovation and customer-focused approach.Carmoola, a London-based fintech firm specialising in car…

In a significant development within the crypto industry, a UK operator of illegal crypto ATMs has pleaded guilty, marking the first conviction of its type.Olumide Osunkoya operated at least 11 unregistered crypto ATMs, handling over £2.6m in transactions illegally.Despite being denied registration by the Financial Conduct Authority (FCA) in 2021, Osunkoya continued operations.The machines were reportedly used for money laundering and tax evasion, contributing to considerable illicit profits.The FCA has intensified its crackdown on illegal crypto ATMs, shutting down numerous operations across the UK.Olumide Osunkoya has admitted to operating a network of at least 11 illegal cryptocurrency ATMs, which processed…

Asda recently experienced a checkout system malfunction, causing delays in store openings nationwide. This disruption left some customers without the ability to complete purchases, sparking frustration among shoppers. Reports indicated customers returning home empty-handed. Asda has since addressed and resolved the issue, apologising to affected customers. Some speculated on a wider impact including rival supermarkets.In a recent incident, Asda experienced a significant technical glitch affecting its checkout systems across several locations, leading to delays in opening stores on 30th September 2024. The malfunction left customers unable to complete their purchases, with many reporting frustration and inconvenience through social media channels.…

DIY retailers are witnessing increased sales as winter fuel payment cuts loom, highlighting consumer adaptation strategies.B&Q reports a 20% increase in loft insulation sales over the previous month, compared to last year.Wickes sees heightened demand for energy-efficient products, particularly in quick-install items like insulation and efficient lighting.Energy bills for a typical household are expected to reach £1,717 annually, elevating interest in cost-effective heating solutions.The government’s decision to withdraw winter fuel payments from many pensioners triggers concerns over energy affordability.DIY retailers are observing a significant rise in sales as the government prepares to cut winter fuel payments affecting millions of pensioners.…

Asda faced a brief technical issue affecting its checkout systems, leading to delayed store openings across the UK, which has now been resolved.The incident resulted in shoppers being temporarily unable to purchase groceries, causing inconvenience for customers during their usual shopping routines.Social media platforms, including X, witnessed customer complaints regarding the store closures and the non-operational checkout tills.Asda has apologised to its customers for the disruption, attributing the issue to their ongoing system overhaul, part of a larger transformation initiative.The supermarket chain is in the process of converting smaller stores to new IT systems to mitigate future disruptions during the…

In a noteworthy initiative, Asda has unveiled its annual Tickled Pink campaign, marking Breast Cancer Awareness Month with over 200 distinct products that contribute to breast cancer charities. From September, many products, including popular household brands, have turned their packaging pink to support this effort.Each product also features essential breast awareness information, encouraging regular self-checks.Customers gain financial incentives through Asda Rewards when purchasing Tickled Pink items, and cafés offer complementary items that contribute to the cause.Since its inception, the campaign has successfully raised significant funds for breast cancer charities.Asda has once again launched its Tickled Pink campaign, marking Breast Cancer…

The Office for National Statistics (ONS) has revised its growth figures for the UK economy in 2023, revealing a more optimistic outlook.According to the latest data, the economy grew by 0.3%, tripling the previously reported figure, though it remains one of the slowest among G7 nations.A Surprising UpturnThe revised figures indicate a growth of 0.3% last year as opposed to the initially reported 0.1%. This adjustment stems from more detailed data on wages and corporate profits. Despite this growth, the UK remains one of the slowest-growing economies in the G7, with Germany being the only country to perform worse, contracting…

Former President Trump’s administration fast-tracked the development of the COVID-19 vaccine through Operation Warp Speed. This likely saved millions of lives.However, a significant number of Republican voters now identify as vaccine skeptics, and Trump seldom mentions this public health achievement.On at least 17 occasions this year, former President Trump has pledged to cut funding to schools mandating vaccines. Initially, this meant only schools with COVID-19 mandates. However, his speeches often did not specify this, suggesting potential impacts on rules for common childhood diseases like polio and measles.Trump’s tenure has seen a dramatic shift in his party’s stance on vaccines. A…