Author: Scott Dylan

Apple has suffered a major setback in its long-running tax dispute with the European Union, as the European Court of Justice ruled that Ireland had granted the tech giant “unlawful state aid.”This landmark decision, which overturns a previous ruling in Apple’s favour, orders Ireland to recover €13 billion from the company, a sum that had been held in escrow. The case, initiated in 2016 by Margrethe Vestager, the EU’s competition commissioner, argued that Apple received illegal state aid through sweetheart tax deals with Ireland. These arrangements allowed Apple to exclude profits made outside the United States from Irish tax, routing…

Nik Storonsky, Revolut’s CEO, advises startups to address underperformance swiftly.He proposes a six-week improvement timeline or immediate exit for underperforming staff.Storonsky’s new playbook outlines strategies for tech startups to enhance efficiency.His recommendations include prioritising talent management directly under the CEO.Critics cite concerns about Revolut’s demanding work culture and high expectations.Nik Storonsky, CEO of Revolut, has articulated a firm stance on addressing underperformance within startups, stating that underperforming employees should either be given a maximum of six weeks to improve or be asked to leave immediately. This approach, he argues, ensures that resources are efficiently directed towards retaining and promoting top…

London Fashion Week promises a showcase of innovative and diverse fashion statements celebrating its 40th year.Designers such as Harris Reed will make significant debuts in the official LFW schedule at iconic venues like the Tate Modern.Resale fashion takes centre stage with eBay and Vinted, highlighting sustainability trends in the industry.Acclaimed designers like Puppets & Puppets bring fresh perspectives as they move their operations to London.Celebratory events, collaborations, and retrospectives highlight the influence and evolution of LFW over four decades.London Fashion Week, marking its 40th anniversary, is set to be an eclectic showcase of the latest trends and pioneering designs. The…

John Lewis has partnered with London Fashion Week’s Awake Mode for an exclusive new collection, marking an important development in their modernisation strategy.The joint effort has produced a 46-piece range featuring dresses, tops, tailoring, outerwear and accessories, set to launch on 17 October.Awake Mode’s founder Natalia Alaverdian collaborated closely with John Lewis’s design team to incorporate unique design elements into the collection.Luxury materials such as cashmere and organic cotton are prominently used, and the clothing features a distinct colour palette with bright accents.The collection aims to provide customers with a modern yet wearable wardrobe with prices ranging from £49 to…

Explore the mechanics of thriving in the burgeoning social commerce sector on TikTok Shop with insights from industry leaders.Social commerce revenues are anticipated to double and approach £16 billion within the next four years, signalling immense opportunities for brands.A discussion with TikTok Shop’s head of fashion, Asos’s head of transformation, and Kaiia’s CEO provides unique and actionable insights.The panel will address effective strategies for businesses of all sizes to harness TikTok Shop’s potential.This guide is crucial for entities aiming to integrate social platform commerce into their broader sales strategies.In the rapidly evolving landscape of social commerce, sales are poised to…

Adrian Newey, widely regarded as the greatest designer in Formula 1 history, has made a significant move by joining Aston Martin’s team.Newey’s expertise, combined with Aston Martin’s newfound resources, sets the scene for an ambitious bid to secure a world championship.A Landmark AnnouncementThe announcement was made at Aston Martin’s F1 base in Silverstone, marking a new chapter for the team. Newey also became a shareholder, further cementing his commitment to the team’s future.Newey’s contract is a five-year deal worth up to £30 million a year. This makes him one of the highest earners in the sport, trailing only top drivers…

Grant Burge’s Barossa Ink partners with Krink for a unique limited edition release, combining art and wine.The ‘Krink x Barossa Ink Limited Edition Shiraz’ is set to hit major UK supermarkets with a recommended retail price of £11.Since its debut in 2012, Barossa Ink has seen significant growth, notably a 12.4% increase in value in the UK this past year.Promotional activities for the launch include digital content and influencer engagement to draw in new audiences.Artist Craig Costello brings his unique ‘drip aesthetic’ to the wine’s packaging, marking his first collaboration with a wine brand.Grant Burge, known for its reputable position…

Liberal Democrat MP Alistair Carmichael has been appointed chair of the Environment, Food and Rural Affairs (Efra) select committee.Carmichael succeeds Conservative MP Sir Robert Goodwill, having stood unopposed for the role.His tenure aims to amplify farmers’ voices and prioritise rural community issues such as animal welfare and food standards.Carmichael emphasises the strategic decisions that will shape the livelihood of UK’s rural communities for the coming decade.The alignment of food security with national security has been highlighted by government officials.Liberal Democrat MP for Orkney and Shetland, Alistair Carmichael, has been appointed as the new chair of the Environment, Food and Rural…

HeyFlow receives a significant investment from Aer Venture Studios, a move enhancing workplace equality for women.The Bristol-based software firm, HeyFlow, focuses on addressing workplace disadvantages experienced by women.The newly acquired funds will be channelled into developing HeyFlow’s tech platform and employee insight product.Aer Venture Studios’ directors to hold active roles, with Geoff Wells joining HeyFlow’s board.Research shows persistent workplace challenges for women, reinforcing HeyFlow’s mission.HeyFlow, a promising startup centred on mitigating workplace disparities faced by women, has successfully secured an investment of £235,000 from Aer Venture Studios. This crucial funding highlights the investors’ confidence in HeyFlow’s innovative approach to fostering…

The Competition and Markets Authority (CMA) is scrutinising Carlsberg’s proposed acquisition of Britvic, evaluating its impact on market competition.The investigation will assess whether the merger could significantly reduce competition in the UK’s beverage sector.A preliminary ‘invitation to comment’ has been announced, welcoming input from interested parties about the merger.The regulatory review is part of a formal process, including engagement with market participants affected by the deal.Britvic accepted Carlsberg’s £3.3bn offer in July, after previously rejecting two bids.The Competition and Markets Authority (CMA) has launched an investigation into the implications of Carlsberg’s proposed £3.3 billion acquisition of Britvic, a prominent soft…