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Author: Scott Dylan
Scott Dylan is a pioneering entrepreneur from South East London, whose modest beginnings have driven his remarkable career. In 2019, he co-founded Inc & Co with a bold vision to rejuvenate struggling businesses, preserve jobs, reduce creditor losses, and promote growth. Under the stewardship of Scott, Group CEO Jack Mason, and Group CTO Dave Antrobus, Inc & Co has grown into a global force with an annual turnover exceeding £150 million. The company’s diverse portfolio includes sectors such as Professional Services, Travel, Retail, Ecommerce, and Shared Workspaces, showcasing a robust record of acquisitions and expansion. Scott's entrepreneurial acumen is further evidenced by strategic divestitures, including the sales of MyLife Digital to Dataguard and Laundrapp to Laundryheap, demonstrating his skill in amplifying business value and ensuring sustainable development. Beyond his business ventures, Scott is a passionate mental health advocate, openly discussing his experiences with Complex PTSD to aid others. He champions Women in Business and Tech and proudly represents the LGBTQ+ community, promoting diversity and inclusion in the workplace. With over two decades in leadership roles, Scott believes in the power of teamwork, fostering strong relationships, and nurturing a supportive culture as cornerstones of success. Scott Dylan's journey is characterised by resilience, collaboration, and a commitment to making a positive impact both in the business world and beyond. His dedication to creating an inclusive, empowering environment for all team members is a testament to his visionary leadership and aspirations for a brighter future.
An anticipated shift in inheritance tax is emerging in the UK’s Budget 2024, poised to affect numerous families. With potential amendments on the horizon, it is crucial to understand the implications.The forthcoming changes could transform how estates are managed and taxes levied, prompting a reevaluation of financial strategies for individuals and families. This article delves into the potential impacts of these changes on inheritances.Inheritance tax applies to an estate upon an individual’s death, impacted largely by estate value. Typically, around four per cent of families incur this tax, as most estates fall within the tax-free threshold.Tax exemption exists for amounts…
Selkirk Group prepares to enter London’s AIM market, buoyed by Kelso Group’s investment in their IPO plans.Iain McDonald, founder of Belerion, set to chair Selkirk, leveraging his extensive experience with THG.Kelso Group aims to unlock potential in undervalued UK companies, focusing on the consumer, technology, and digital media sectors.The firm plans to raise £7.5 million on the AIM market to finance its initial acquisitions.Kelso Group expands its stake in THG plc, enhancing its influence within the company.Selkirk Group is poised to make its debut on the London AIM market later this month, backed by a significant investment from Kelso Group.…
Boohoo’s CEO, John Lyttle, announced his resignation amidst significant strategic developments within the company.Lyttle, who has been at Boohoo for five years, will aid in the transition to a new leader.The company secured a £222 million financing agreement, aiming to support its growth initiatives.Boohoo considers the organisation “fundamentally undervalued” despite growth in its Debenhams marketplace.Financial challenges persist with a notable decline in Gross Merchandise Value and Adjusted EBITDA.John Lyttle, the CEO of Boohoo, has decided to step down from his role after a five-year tenure. Throughout his leadership, Lyttle expressed pride in steering the company and highlighted its vast potential…
In an unexpected turn of events, UK retail sales witnessed a significant rise in September, recording a 0.3% growth, despite analysts’ predictions of a decline. This increase builds on a 1% rise in August, showcasing a resilient consumer market amid prevailing economic challenges.As uncertainties loom over the UK economy, driven by impending tax hikes and economic pressures, consumer spending on technology remains robust. The Office for National Statistics (ONS) highlights that while there was a boost in technology sales, supermarket spending showed a decline, with consumers cutting back on luxury items due to cost concerns.Retail Sector Defies Economic PredictionsRetail transactions…
Celebrating its first anniversary, Aviva Studios has had a remarkable year.The venue has seen over 700,000 visitors drawn to its world-class cultural offerings.Recognised by TIME magazine, the site is touted as a top global destination.Aviva Studios is heralded for its impact on Manchester’s cultural landscape and economy.Factory International’s initiatives underline its commitment to the arts and community.Aviva Studios, a cultural cornerstone in Manchester, celebrated its first anniversary with over 700,000 visitors marking a year of creativity and cultural significance. The site, designed by OMA, has been recognised by TIME magazine, cementing its place among the world’s best destinations.The studios have…
The balance between regulation and economic growth in the City of London is a pressing concern, as highlighted by key financial figures.Bank of England’s Sam Woods warns against excessive regulation, which threatens to stifle the financial sector and transform it into an economic graveyard.Speaking at Mansion House, Sam Woods emphasised that while financial regulations are crucial for maintaining stability, over-regulation poses a threat to the economic vitality of the City. Woods asserted that risk is the ‘lifeblood’ of any thriving capitalist economy. Eliminating risk entirely could stifle innovation and stagnate growth, he cautioned.The Financial Conduct Authority (FCA) also faces scrutiny.…
Chancellor Rachel Reeves is contemplating ending tax breaks for electric vehicle salary sacrifice schemes. This potential policy shift has sparked significant debate within the automotive industry, highlighting concerns about its impact on electric vehicle accessibility.The Treasury’s review of these schemes questions their role in promoting equitable electric vehicle adoption and reducing carbon emissions. Industry leaders argue the scheme’s importance in achieving environmental targets, emphasising affordable access for working individuals.Potential Impact on Electric Vehicle AdoptionThe consideration to abolish tax breaks for electric vehicle salary sacrifice schemes could hinder the UK’s progression towards extensive electric vehicle adoption. The Treasury’s review of these…
Recent statistics reveal a slowdown in retail sales growth across Great Britain, highlighted by a rise in technology purchases but countered by reduced supermarket spending.Despite the overall increase in sales volumes by 3.9% at the end of September – a peak since February 2022 – the drop in supermarket sales indicates a complex shift in consumer spending habits.Technology Buoys Retail SectorIn September, retail sales volumes witnessed a marginal growth of 0.3%, surpassing expectations that forecasted a 0.3% decline. This unexpected uptick is primarily attributed to a significant surge in technology purchases, indicating a unique consumer preference shift.Non-food stores, notably those…
Conservative leadership contender Robert Jenrick has set forth a bold vision aimed at uniting the fragmented Tory party. His strategy, focused on economic reform, promises a potential 2p reduction in income tax.Jenrick seeks to bring cohesion to a divided party while addressing economic growth challenges. Through strategic reforms, he aims to attract wide support within the party ranks, emphasising a commitment to creating a competitive economy.The Call for UnityRobert Jenrick, speaking on a prominent news platform, expressed his ambition to unify the Conservative Party, pointing to his extensive connections across party lines. His vision includes embracing the broad traditions of…
In an ambitious move, luxury travel provider Destination2 has announced a strategic partnership with the globally-recognised PR and social media agency, Smoking Gun. This collaboration aims to elevate Destination2’s brand presence across the digital landscape.Smoking Gun is set to enhance Destination2’s brand awareness by leveraging its expertise in digital PR and social media. Their approach will include creating attention-grabbing campaigns and maintaining a robust always-on press office to engage media and potential customers effectively.The collaboration focuses on driving significant online visibility for Destination2. Smoking Gun plans to generate valuable backlinks and citations, essential for boosting organic search rankings. Their digital…
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