Author: Scott Dylan

A recent report sheds light on the traits that contribute to successful fundraising for startup founders across Europe.The study involved an analysis of over 17,000 European tech startup founding teams.Academic qualifications emerged as a significant factor, with PhD and MBA holders raising substantially more funds than those with bachelor’s degrees.Prior entrepreneurial experience and a consulting background were linked with higher funding success.International diversity within founding teams correlated with increased investment above the baseline.A comprehensive new report has been unveiled, highlighting the traits that aid founding teams in securing investment. The study analysed data from 17,836 tech startups established in Europe…

Mike Ashley’s legal fight against HMRC centres on a disputed £13.6m tax demand.Ashley claims HMRC breached data obligations by withholding personal information.The billionaire’s legal team requests a declaration for unmet data rights.HMRC acknowledges minor compliance issues but defends its overall actions.The outcome of the ongoing High Court case remains pending.Sports Direct mogul Mike Ashley has launched a legal challenge against HM Revenue & Customs (HMRC), accusing the body of obstructing his access to personal data in the wake of a £13.6 million tax demand. This confrontation surfaced as HMRC pursued additional tax from Ashley, a move that sparked contentious proceedings…

Mike Ashley, founder of Frasers Group, is embroiled in a tax data dispute with HM Revenue & Customs (HMRC).The High Court heard that Ashley was ‘stonewalled’ in his request for personal tax data.The dispute involves a demand for £13.6 million in additional taxes.HMRC admits to limited data protection breaches but is defending Ashley’s claim.The legal action arises after a failed bid for Ashley to become Boohoo CEO.Mike Ashley, the prominent founder of Frasers Group, has found himself at the centre of a significant legal confrontation with HM Revenue & Customs (HMRC). The High Court has been informed that Ashley encountered…

A detailed report from the House Select Subcommittee on the Coronavirus Pandemic, led by Republican members, has been released. This report, which spans over 500 pages, evaluates the public health response to Covid-19 in the United States. It aims to guide actions for future pandemics.Comprising a comprehensive analysis of various aspects of the pandemic, the report addresses the virus’s origins, the response measures taken, and the roles of key organisations. With a focus on lessons learnt, it seeks to improve readiness and strategic approaches for any similar future events.Origins of the VirusThe subcommittee’s report was clear in its assertion that…

Argo Blockchain has successfully raised £4.2m through the issuance of new shares.The funds will aid in the relocation or sale of U.S.-based mining equipment.Argo aims to diversify into high-performance computing to boost revenue streams.Company shares have seen a dramatic shift since their 2018 IPO.Argo is addressing financial challenges following a turbulent period in the crypto market.Argo Blockchain, a prominent Bitcoin mining firm listed on the London Stock Exchange, has raised £4.2 million through the sale of new shares to an undisclosed institutional investor. This strategic move involves the issuance of 76.9 million ordinary shares priced at 5.5 pence each. The…

In an exciting development, Accessorize is offering same-day delivery through Deliveroo, just in time for the festive season.London customers can now access over 700 products from Accessorize via Deliveroo’s app, ensuring swift deliveries within 25 minutes.This move aligns with Deliveroo’s strategy to enhance its delivery options by including more retail categories.Eric French, COO of Deliveroo, emphasises the partnership as timely and beneficial, particularly for last-minute shoppers.Accessorize’s expansion of this service to other UK locations is anticipated in the coming months.Accessorize has implemented a pivotal step by joining hands with Deliveroo, allowing London-based customers the convenience of browsing and purchasing from…

Shopping centres across the UK saw a significant increase in visitors this Black Friday.Footfall in shopping centres rose by 12.8% compared to the previous week, according to MRI Software data.While shopping centres flourished, high streets also saw an 8.4% increase in footfall week on week.Contrarily, retail parks experienced a decline in visitors, falling by 6% compared to the previous week.The dip in footfall between 4pm and 5pm was observed as part of the day’s trends, possibly before evening activities.This Black Friday, shopping centres in the UK became notable hubs of activity, experiencing a considerable 12.8% increase in footfall compared to…

Mothercare has reported a significant financial downturn, reflecting the industry’s challenging landscape.The company’s half-year pre-tax results showed a loss of £1.4 million, contrasting a previous profit.Sales dropped 27% to £21 million, with global franchise revenue also declining by 12%.Grand-scale uncertainties in the Middle East contributed largely to this financial slide.The brand is exploring new growth opportunities in South Asia through a strategic partnership.Mothercare has experienced a notable financial decline, with the retailer announcing a pre-tax loss of £1.4 million in the 26 weeks leading up to September 28th. Last year, the company recorded a profit of £1.8 million, highlighting a…

Selecting gifts during festive seasons can be daunting, especially when considering health-focused presents. It is essential to remember that such gifts might unintentionally convey messages about the recipient’s lifestyle or appearance. Often, these messages can be misconstrued, leading to discomfort or even emotional distress.It’s crucial to recognize the potential implications of gifting fitness-related items. Many people might perceive these well-meaning gestures as critiques of their current lifestyle or physique. Consequently, it’s critical to approach fitness gifts with sensitivity and awareness of the recipient’s perspectives and feelings.Understanding the ImplicationsGifting fitness gear or gym memberships can imply a need for the recipient…

Recent claims have surfaced involving former Harrods owner Mohamed Al Fayed.Ex-director Jon Brilliant alleges receiving cash bribes from Al Fayed.Brilliant worked in Al Fayed’s private office for 18 months before being dismissed.Envelopes containing up to £39,000 were allegedly given to control employees.There are allegations of surveillance and a culture designed to prevent trust among staff.In a recent development, former Harrods director Jon Brilliant has come forward with allegations against Mohamed Al Fayed, the previous owner of the iconic department store. These claims involve attempts by Al Fayed to exert control over employees through the distribution of cash bribes, as reported…