Latest news with #LDC
Scroll.in
18 hours ago
- General
- Scroll.in
BPSC LDC application window closes today; apply now at bpsc.bihar.gov.in
Bihar Public Service Commission (BPSC) will close the online application window for the Lower Division Clerk (LDC) posts in Bihar Public Service Commission, Patna. (Advt. No. 43/2025) today, July 29. Applicants can submit their forms at The recruitment drive aims to fill 26 vacancies. Applicants can check the eligibility criteria, age limit, pay scale, and other details available in the notification below: Here's the official notification. Application Fee The application fee is SC/ ST/ Female candidates, PwD candidates are required to pay a fee of Rs 150, while all other applicants are required to pay Rs 600. Steps to apply for LDC posts 2025
Business Wire
22-07-2025
- Business
- Business Wire
2025 U.S. Latino GDP Grows to $4 Trillion; The World's Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by The End of The Decade
LOS ANGELES--(BUSINESS WIRE)--The Latino Donor Collaborative (LDC), a think tank dedicated to producing research that highlights economic opportunities for growth, has released its eagerly anticipated 2025 Official LDC U.S. Latino GDP Report™ – Part One, available for download. The eighth edition of the report highlights the unprecedented growth of the U.S. Latino cohort, outpacing national growth rates in numerous economic indexes, workforce participation, entrepreneurship, and educational attainment. The report includes a new section on American entrepreneurship, and a deeper analysis and insights of how the youngest and fastest-growing generation is changing the U.S. population and labor force. 2025 U.S. Latino GDP Grows to $4 Trillion; The World's Fifth-Largest Economy is Now Projected to Surpass Japan and Germany by The End of The Decade Share Highlights: U.S. Latino Economic Growth Now valued at $4 trillion with an annual average real growth rate of 4.4%, U.S. Latino GDP is the second-fastest growing among the world's ten largest economies, trailing only China and on par with India, and outpacing countries like France, Canada, and the rest of the United States. U.S. Latino GDP is projected to rank as the world's fourth largest by 2029, surpassing Japan and Germany by the end of the decade. Despite comprising 19.5% of the U.S. population, the U.S. Latino cohort was responsible for 28.3% of total additions to national GDP between 2017 and 2022. The 10 largest state Latino economies, including California, Texas, Florida, and New York, are all growing faster than their non-Latino counterparts. U.S. Latino purchasing power is measured at $4.1 trillion. Latino income in the U.S. grew to $3.1 trillion in 2023 and increased 4.8% per year on average between 2017 and 2022. 'The data confirms what we've seen building for years,' said Sol Trujillo, Co-Founder and Chairman of the Latino Donor Collaborative. 'Latinos in the U.S. are not just participating in the economy; they are propelling it. At $4 trillion, this economy is larger than that of entire nations, and it's growing faster than almost all of them. The strategic implications for leaders across our economy are clear.' 'This report reinforces the economic power of the U.S. Latino cohort with clarity and precision,' said Ana Valdez, CEO and President of the Latino Donor Collaborative. 'From labor force expansion to entrepreneurship to education, Latinos in the U.S. are consistently outperforming national averages. These numbers are impossible to ignore.' The LDC is the most trusted source of information and analysis on the economic impact of U.S. Latinos across all industries and levels. These reports are often relied upon by institutions such as the Federal Reserve, the U.S. Congressional Joint Economic Committee, and numerous Fortune 500 companies, which harness the data to project business trends and understand and appeal to Latino demographics. Now in its eighth edition, the 2025 Official LDC U.S. Latino GDP Report™ – Part One builds on its research foundation first established in 2017. The LDC was the original organization that published the quantification of the U.S. Latino GDP, and this report remains the authoritative source on the topic. Additional Highlights: Key Industry Sectors Manufacturing accounted for the highest share of U.S. Latino GDP in 2023 at $547 billion, growing 15.5% year-over-year, outpacing the national industry. Several other sectors contributed significantly to the U.S. Latino GDP share, including: Real Estate and Rental and Leasing: $340 billion (+23.5% YoY) Public Administration: $448 billion Health Care and Social Assistance Professional, Scientific, and Technical Services Arts, Entertainment, and Recreation Labor Force and Population Growth Between 2022 and 2023, the U.S. Latino population increased by 1.8%, compared to just 0.2% among non-Latinos. Includes an increase of 820,000 working-age individuals, while the non-Latino working-age population declined by 560,000. In 2023, 68.1% of U.S. Latinos participated in the U.S. labor force, compared to 62% of non-Latinos. Entrepreneurship and Latino-Owned Businesses (LOBs) As of 2022, U.S. Latinos owned 5.7 million businesses, employing 3.8 million people and generating $945 billion in revenue. Educational Attainment Between 2022 and 2023, the percentage of U.S. Latinos with a bachelor's degree rose by 4.6%, outpacing national averages. Between 2010 and 2023, the share of U.S. Latinos holding at least a bachelor's degree increased significantly. 'Wells Fargo has been proud to support the LDC since it first launched this groundbreaking series eight years ago. The 2025 data reinforces the essential role of the U.S. Latino community in shaping the future of our economy,' said Patty Juarez, Executive Vice President and Head of Hispanic & Latino Affairs at Wells Fargo. 'Every year, it becomes increasingly clear that this report is a vital tool that can guide businesses and policymakers who are willing to use it to the fullest extent to inform their work in growing our nation's economy.' About the Latino Donor Collaborative The Latino Donor Collaborative (LDC) is an independently funded 501(c)(3) nonprofit organization and think tank. The LDC has consistently provided economic and business data through meticulous research and fact-based insights. Its reports have become essential tools for U.S. resource allocators, highlighting the growing opportunities presented by the myriad contributions of U.S. Latinos across the social spectrum. Learn more at
Scoop
22-07-2025
- Business
- Scoop
Debt Collector Convicted And Fined For Misleading Conduct
Law Debt Collection (LDC) and its director John Stuart Campbell have been ordered to pay a total of $115,500 in fines and emotional harm reparations for breaching the Fair Trading Act. Mr Campbell and his company pleaded guilty to making misleading representations when collecting debt, following a Commerce Commission prosecution. Competition, Fair Trading and Credit General Manager Vanessa Horne says debt collectors have the right to pursue money legitimately owed but must do so fairly and honestly and not exploit their position over vulnerable consumers. 'Not only are debt collectors in a considerable position of power, which we believe in this case was exploited, most people have limited knowledge about the rules of what debt collection agencies can do when collecting debt,' Ms Horne says. 'Debt collectors must not take advantage of this and must not make misleading representations when collecting debts. 'Debt collectors will often be working with vulnerable consumers, making these cases even more important. We want consumers to know they're not powerless in these situations. 'At a time when more Kiwis are in debt, this case should serve as a warning to all debt collectors that they must follow the rules or the Commission will take action. 'Mr Campbell and LDC crossed a line when they misled debtors about possible consequences of failing to pay, and what debt collectors could do when chasing payment. This likely caused unnecessary distress,' Ms Horne says. Mr Campbell and LDC misled debtors by lodging, or threatening to lodge, credit defaults in situations where they had no right to do so. 'A credit default can have a significant impact on a borrower's credit score, making it harder to get approved for loans, credit cards and mortgages. This is an incredibly serious threat,' Ms Horne says. Mr Campbell referred to threat of credit defaults as his 'greatest tool' and 'if the debtor really needs finance, they will have to settle the amount.' In some cases, LDC also wrongfully claimed collections costs of up to $1,507 on top of debts. 'Debtors being told absolute statements about what they must pay are entitled to assume that what they are being told is true,' Ms Horne says. Background LDC is a debt recovery business, founded by Mr Campbell in 1986. Its website describes the business as having grown from a small debt recovery agency into a specialised firm providing a range of debt recovery and credit services. LDC was instructed on approximately 1,600 debt collection matters per year. LDC has traded through various entities during this time, including Law Debt Collection (NZ) Limited and Law Debt Collection Limited, which are the entities subject to the prosecution. The Court has fined Mr Campbell and his businesses, Law Debt Collection (NZ) Limited and Law Debt Collection Limited a total of $115,500 (including emotional harm reparation payments for some victims). The Commission commenced an investigation into LDC and Mr Campbell's conduct following a number of complaints and previously issued a warning to him in 2019 for likely harassment, coercion and misleading representations. The Commission has investigated a number of other debt collection companies. In December 2023, the Commission also issued a warning to debt collection company Intercoll Holdings Limited (now trading as DebtManagers), for making misleading representations, which likely breached the Fair Trading Act.
Fashion Network
18-07-2025
- Business
- Fashion Network
Lone Design Club launches 'Airbnb of pop-up retail'
Known for its inventive ways of providing fledgling or digital centric businesses with a first taste of physical retail, Lone Design Club has now launched Revolving Spaces, a tech-driven, Airbnb-style letting platform that 'simplifies and scales short-term retail'. Now in its sixth year and with over 110 curated pop-ups and 10,000+ brand activations under its belt, LDC said the new 'landlord-first tech platform' is built to 'unlock the hidden potential of underutilised commercial space from vacant units and rooftops to foyers and media zones'. It's a purpose-built SaaS platform that automates lead generation, leasing, onboarding, payments, and brand engagement through a central, landlord-branded portal."What once took hours of manual outreach is now streamlined through a tech-powered, white-label system', LDC said. Noting that one in three brands are now using pop-ups in a market on track to hit £80 billion by 2028, Revolving Spaces 'opens doors for brands to activate high street spaces faster, smarter, and on their own terms'. It's quick to point out that this 'isn't another listing marketplace… Revolving Spaces is a fully branded, automated lead generation and commercialisation engine designed to help landlords activate assets hands-free, while giving brands seamless access to prime real estate'. Built out of Lone Design Club's own need (it was running up to five pop-ups a month with 80+ brands), Revolving Spaces 'cuts operational effort by 80% and boosts booking speed by 50%', it claims. Integrated messaging, automated bookings, and CRM functionality "simplify brand interactions', while real-time performance analytics offer insights into sales, footfall, and engagement. The result is a claimed 30% revenue uplift in Year 1, 50% faster vacancy turnaround, and 45% less admin burden. Hammerson, Ingka Centres (IKEA) and others have so far adopted the scheme. The platform was initially piloted by commercial property giant Landsec at its St David's Cardiff shopping centre under the leadership of then-head of Asset Management Nicholas Porter, who has since joined Lone Design Club as Strategic Advisor. He said: 'Revolving Spaces enhances landlords' operational efficiency, enabling them to attract a diverse mix of brands creating a dynamic 'revolving door' of relevant, rent-paying tenants that often exceed ERV. Managed via the platform, this boosts income, supports valuation growth, and supplies landlords with valuable R&D insights that pinpoint the next high-growth brands and unlocks further opportunities for store openings, pop-ups, brand activations, and media spend. Rebecca Morter, CEO & founder of Lone Design Club, added: 'Landlords today need smarter ways to unlock revenue without adding pressure to stretched teams. Built from the ground up by operators, it automates the messy, manual work of short-term leasing and connects landlords directly with a pipeline of 10,000+ ready-to-go brands. We're not just simplifying the process we're changing the model. This is about future-proofing portfolios, filling space faster, and reshaping how retail and real estate work together.'
Fashion Network
18-07-2025
- Business
- Fashion Network
Lone Design Club launches 'Airbnb of pop-up retail'
Known for its inventive ways of providing fledgling or digital centric businesses with a first taste of physical retail, Lone Design Club has now launched Revolving Spaces, a tech-driven, Airbnb-style letting platform that 'simplifies and scales short-term retail'. Now in its sixth year and with over 110 curated pop-ups and 10,000+ brand activations under its belt, LDC said the new 'landlord-first tech platform' is built to 'unlock the hidden potential of underutilised commercial space from vacant units and rooftops to foyers and media zones'. It's a purpose-built SaaS platform that automates lead generation, leasing, onboarding, payments, and brand engagement through a central, landlord-branded portal."What once took hours of manual outreach is now streamlined through a tech-powered, white-label system', LDC said. Noting that one in three brands are now using pop-ups in a market on track to hit £80 billion by 2028, Revolving Spaces 'opens doors for brands to activate high street spaces faster, smarter, and on their own terms'. It's quick to point out that this 'isn't another listing marketplace… Revolving Spaces is a fully branded, automated lead generation and commercialisation engine designed to help landlords activate assets hands-free, while giving brands seamless access to prime real estate'. Built out of Lone Design Club's own need (it was running up to five pop-ups a month with 80+ brands), Revolving Spaces 'cuts operational effort by 80% and boosts booking speed by 50%', it claims. Integrated messaging, automated bookings, and CRM functionality "simplify brand interactions', while real-time performance analytics offer insights into sales, footfall, and engagement. The result is a claimed 30% revenue uplift in Year 1, 50% faster vacancy turnaround, and 45% less admin burden. Hammerson, Ingka Centres (IKEA) and others have so far adopted the scheme. The platform was initially piloted by commercial property giant Landsec at its St David's Cardiff shopping centre under the leadership of then-head of Asset Management Nicholas Porter, who has since joined Lone Design Club as Strategic Advisor. He said: 'Revolving Spaces enhances landlords' operational efficiency, enabling them to attract a diverse mix of brands creating a dynamic 'revolving door' of relevant, rent-paying tenants that often exceed ERV. Managed via the platform, this boosts income, supports valuation growth, and supplies landlords with valuable R&D insights that pinpoint the next high-growth brands and unlocks further opportunities for store openings, pop-ups, brand activations, and media spend. Rebecca Morter, CEO & founder of Lone Design Club, added: 'Landlords today need smarter ways to unlock revenue without adding pressure to stretched teams. Built from the ground up by operators, it automates the messy, manual work of short-term leasing and connects landlords directly with a pipeline of 10,000+ ready-to-go brands. We're not just simplifying the process we're changing the model. This is about future-proofing portfolios, filling space faster, and reshaping how retail and real estate work together.'
