Author: Scott Dylan
Scott Dylan
Scott Dylan is an accomplished entrepreneur, investor, and philanthropist, best known as the co-founder of Inc & Co and founder of NexaTech Ventures. With a focus on rescuing distressed businesses and supporting AI and tech startups, Scott’s expertise spans multiple sectors including technology, retail, and logistics. A passionate mental health advocate, drawing from his experience with Complex PTSD, Scott frequently writes about business transformation, AI integration, and leadership. Outside of work, he enjoys travelling, music, and spending time with his partner Gareth.
Rob Singer has been appointed CEO of Exclaimer, bringing vast experience from prior roles at Remitly and Ancestry.Singer’s leadership is expected to propel Exclaimer’s growth, following a successful tenure at Native Instruments.Singer’s appointment marks a leadership transition at Exclaimer, with Marco Costa stepping down after a profitable term.Gordon Willoughby, Exclaimer’s chairman, expresses confidence in Singer’s ability to enhance company success and innovation.The firm looks forward to leveraging Singer’s expertise to enhance its email signature management solutions.Rob Singer, known for his impactful leadership at Remitly and Ancestry, has joined Exclaimer as CEO. His previous experiences, including a role as CEO at…
Crosta & Mollica has expanded its chilled pizza offerings at Tesco stores across the UK.The range now includes four popular sourdough pizzas: Stromboli, Fiorentina, Regina, and Margherita.These products join the existing lineup that was launched in Tesco stores in May.Crosta & Mollica has seen a 50% increase in value and volume sales year-on-year.The partnership with Tesco aims to bring authentic Italian food experiences to a broader audience.Crosta & Mollica, an Italian food brand, is broadening its chilled pizza selection in Tesco stores nationwide following a successful introduction earlier this year.The updated range will feature four top-selling sourdough pizzas: Stromboli with…
The UK government has postponed post-Brexit checks on EU-imported fruit and vegetables for a third time.Initially set for 1 January, the checks will now commence on 1 July, extending the preparatory period for businesses.This decision is part of the Border Target Operating Model assessing import risks and enforcing checks accordingly.Concerns have been raised about potential cost increases, with estimates suggesting an additional £200m in import expenses.The delay provides the government additional time to consult with business stakeholders and refine implementation strategies.The UK government has announced a further six-month delay to the introduction of post-Brexit checks on fruit and vegetable imports…
The CEO of Deliveroo, Will Shu, recently sold £15 million worth of shares following the company’s first reported profit since it went public.This sale comes as Deliveroo experiences a financial turnaround, marking a milestone in its business journey.Details of the Share SaleBetween September 12 and 16, Will Shu sold 9.4 million shares valued at nearly £14.8 million. This move was reportedly to fund personal property investments. Despite this sale, Shu retains a significant stake, holding 95.8 million shares in Deliveroo.It’s important to note that Shu does not participate in the company’s annual bonuses or long-term share award schemes, emphasising his…
Zevero has successfully secured £5.3m in a seed funding round.Operating jointly from London and Singapore, Zevero aids clients in managing their supply chain’s climate impact.The investment will enhance Zevero’s platform, expand global operations, and support clients in achieving net-zero targets.The funding round was led by Spiral Capital, with significant contributions from various investors.The carbon data reporting industry continues to grow as businesses seek robust and data-driven sustainability solutions.Zevero, a platform dedicated to the reporting of carbon emissions, recently acquired £5.3 million during its initial seed investment phase. This financial boost is set to enhance the platform’s capabilities and facilitate Zevero’s…
Amazon has announced a mandatory return to office for employees starting January 2, 2024, ending the flexible work arrangements instituted during the pandemic.This new policy will terminate hot-desking, reinstating individual desks and reducing management layers.CEO Andy Jassy emphasises that in-person work fosters better collaboration and learning.The staff-to-manager ratio will increase by at least 15% by the end of Q1 next year.The new mandate aims to cut down on unnecessary meetings and improve decision-making processes.Amazon will mandate a full return to office starting January 2, 2024, discontinuing the pandemic-era remote work practices. This policy shift will see the end of hot-desking,…
Waitrose has further invested £10m to reduce prices across its premium products.The initiative includes significant price reductions in the No.1 and Duchy Organic ranges.Key products like No.1 Vintage Cornish Cheddar and Duchy Organic Basmati Rice see price cuts.This is the sixth price cut by Waitrose since February 2023.The supermarket aims to provide high-quality products at more accessible prices.Waitrose has announced a strategic investment of £10 million aimed at reducing prices across nearly 250 products within its esteemed No.1 and Duchy Organic ranges. This extensive programme reflects Waitrose’s ongoing effort to deliver premium products at more competitive prices.The first phase of…
Customers of Carpetright face significant financial losses following the company’s collapse.Approximately 21,000 customers are collectively owed almost £8 million, with many unlikely to see refunds.The intellectual property rights were controversially transferred to Nestware Holdings before the collapse.Unsecured creditors are owed a staggering £373 million, with many set to remain unpaid.The situation highlights financial and ethical issues surrounding business collapses and asset transfers.In a troubling development, Carpetright’s collapse has left approximately 21,000 customers in financial limbo, collectively owed nearly £8 million for orders that are unlikely to be fulfilled. The company’s directors’ statement of affairs revealed the extent of the financial…
A new AI testing lab featuring Nvidia technology has opened in Stockport, Greater Manchester, as a significant development in the tech industry. The facility offers remote access to cutting-edge resources for developers. It will trial Nvidia’s latest advancements, including the Grace Hopper architecture. The UK government recently emphasised the critical importance of data centres. Investments in UK data infrastructure are attracting global tech giants.A new artificial intelligence (AI) testing facility has been inaugurated in Stockport, employing advanced technology from Nvidia. This development marks a notable addition to the tech landscape of Greater Manchester, providing developers with the opportunity to ‘test…
THG is progressing with the separation of its Ingenuity platform to enhance shareholder value.A detailed review of potential structures for this demerger is underway, with timelines yet to be finalised.Post-demerger, THG will focus on its core beauty and nutrition businesses.The organisation reported a modest profit increase of 1.6% for the first half of the year, despite a 1.7% decline in overall sales.THG anticipates a return to sales growth, spurred by positive trends in its nutrition segment.THG has announced plans to demerge its Ingenuity technology platform in a strategic move aimed at maximising shareholder value. The company is currently evaluating potential…
