Trading

Two West Midlands companies that operated a charity clothing collection scam have been wound up in The High Court following an investigation by The Insolvency Service.

Edinburgh’s football clubs, Hearts and Hibs, have put aside their rivalries to take part in a joint fundraising initiative with a local home assistance company.

Online multi-charity clothes retailer Click Collection has opened for business, enabling charities without shops to generate income from donated clothing.

Charity shops in the UK handled nearly £1 billion of turnover in 2011, a record amount, and an increase of 3.6% on the previous year.

Tenner, the social enterprise programme for school children, is inviting expressions of interest from organisations that wish to take the programme over.

Sell Donate Trade is a new service that is offering to raise funds for charities by handling and selling donated gold and jewellery.

Microdonations service Pennies has now generated £500,000 for UK charities. The number of microdonations it has handled has doubled in the past six months to two million.

British Heart Foundation (BHF) Shops have achieved their most profitable year of trading to date, with a profit of over £31 million in 2011-2012.

Fundraising technology company Give as you Live is now partnering with over 2,000 retailers that will donate a proportion of the value of sales generated to participating charities.

Online discount clothes retailer MandMDirect has become the first major eBay retailer to use eBay for Charity to raise funds for a charity on an on-going basis.