Author: 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.

Tesco launches a new campaign to recycle plastic toys.The initiative runs from 4 September to 4 December in selected stores.Partnership with Hasbro and Wastebuster supports a circular economy.Recycled toys are transformed into new products like coat hangers.Schools can earn rewards through the Recycle to Read scheme.Tesco has announced a ground-breaking initiative aimed at promoting sustainability through the recycling of plastic toys. This campaign, which begins on 4 September and lasts until 4 December, allows families to bring their broken plastic toys to designated bins within selected Tesco stores. Partnering with Hasbro and Wastebuster, this initiative underscores Tesco’s commitment to environmental…

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Waitrose has taken a significant step in addressing VAT costs on period pants, aligning with John Lewis and M&S.The initiative is part of a broader campaign urging the government to review the current VAT policy.Waitrose offers over 30 period underwear products, now covering their 20% VAT charge.Nicki Baggott supports this move, affirming period underwear as essential products.Sainsbury’s has also joined the campaign, pledging to pass VAT reductions onto consumers.Waitrose, in an effort to advocate for gender equity in taxation, has joined forces with M&S and its sister company, John Lewis, to absorb the value-added tax (VAT) on period pants, thereby…

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The latest British Retail Consortium data reveals a significant drop in UK food inflation.Food inflation has decreased to 11.5% for this month, showing a marked improvement from July’s 13.4%.Shop price inflation has also significantly declined, marking the lowest increase since October 2022.Fresh and ambient food categories have experienced notable inflation reductions, benefiting consumers.Despite these improvements, wage growth continues to lag behind the rate of price increases.The British Retail Consortium has provided new data indicating a positive shift in the food inflation landscape, with rates dropping to 11.5% this month. This demonstrates a substantial change from the previous month’s 13.4%, suggesting…

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The trust in UK supermarkets has plummeted to levels not seen since the infamous horsemeat scandal over a decade ago.Research by Which? indicates trust in the grocery sector dropped substantially to a score of 30 this August.Currently, only 48% of shoppers trust supermarkets to act in their best interest amid soaring food prices.A considerable 85% of people express concern over food prices, with a significant number adapting their purchasing habits.Industry experts urge supermarkets to consider stocking budget items to alleviate consumer pressure.Trust in UK supermarkets has experienced a significant decline, returning to levels not observed since the horsemeat scandal erupted…

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Brits gear up for the Bank Holiday with a surge in BBQ food purchases, marking possibly the last major grill event of the year.Sales of traditional BBQ items like burgers, sausages, and plant-based options are soaring at Tesco.The retailer anticipates selling over a million BBQ-related products including buns and sausages.A special wine promotion has led to expectations of higher wine sales compared to beer.Barbecue gatherings have increased as a cost-effective alternative to dining out.As Brits prepare for the Bank Holiday, there is a notable uptick in the purchase of BBQ essentials, potentially for the final large-scale BBQ events of the…

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M&S collaborates with WUKA in the ‘Say Pants to the Tax’ campaign, focusing on VAT review for period pants. The UK government is reconsidering the tax status of period pants, currently taxed as garments at 20%.Disposable period products are exempt from VAT, highlighting a disparity in the current tax system.M&S pledges to cover the VAT cost, with Tesco and Sainsbury’s joining the initiative.Retailers aim to align period pants with other tax-exempt period products since 2021.The collaboration between M&S and WUKA in the ‘Say Pants to the Tax’ campaign has gained momentum, as they actively work towards prompting the government to…

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A potential tea shortage in the UK has been avoided following a successful pay deal for Tetley workers.Nearly 200 GMB Union members at Tata Consumer Products in Teeside had earlier voted for strike action.The workers, predominantly low-paid women, have now accepted a 7% pay rise offer.The pay increase is retroactive to 1 April 2023, meeting key demands of the workforce.The situation highlights ongoing labour disputes at other major companies, such as Tesco.A significant development has unfolded in the UK’s tea industry as a looming shortage has been effectively prevented. This outcome follows the acceptance of a new pay deal by…

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Amidst continuing economic pressures, multiple supermarkets have announced significant price reductions to aid consumers.Asda has invested £23 million to reduce prices on over 400 products by an average of 11%.Sainsbury’s has expanded its Aldi Price Match initiative to include 400 products, introducing new items as inflation eases.Ocado is offering reduced prices on 200 items, targeting budget-conscious parents as the school term begins.Iceland’s summer savings allow families to save on 200 products amid rising pressure on household budgets.In response to the sustained financial pressures faced by consumers, leading supermarkets have enacted considerable price reductions. Asda has spearheaded this movement with a…

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A significant recall by major UK supermarkets involves own-label pastry products due to contamination fears.Chilled foods supplier Compleat Food Group identified potential metal and plastic contamination.20 ranges affected, including sausage rolls and steak & ale pies, are deemed ‘unsafe to eat’.Products can be returned for a refund without a receipt, as informed by the Food Standards Authority.Supermarkets including Tesco and Sainsbury’s issued apologies, emphasising customer safety.A notable recall has been initiated by major UK supermarkets, involving own-label pastry products such as sausage rolls and steak & ale pies. This action comes in response to concerns over potential contamination with pieces…

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‘Not for EU’ labels have been introduced in Northern Ireland, affecting goods at supermarkets such as Asda.The initiative stems from the Windsor Framework, a post-Brexit trade agreement aiming to ease goods movement.Meat and dairy products are primarily targeted, with a full rollout expected by October.Businesses face challenges due to potential relabelling costs and compliance concerns.The UK government plans a phased approach, suggesting initial leniency in enforcement.As ‘Not for EU’ labels begin appearing on products in Northern Ireland, consumers and businesses are adjusting to new post-Brexit regulations. These labels, initially observed on Asda’s own meat products, are part of the Windsor…

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