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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.
Panmure Gordon has disclosed a pre-tax loss of £7.2 million for the fiscal year ending 31 December 2023. This disclosure arrives ahead of its crucial merger with Liberum.Despite the challenges, the bank slightly improved from a £16.3 million loss in 2022 and saw a rise in dealmaking fees.Financial PerformancePanmure Gordon, an esteemed investment bank, has faced sustained financial difficulties, recording a £7.2 million loss for the year ending 31 December 2023. This represents an improvement from the previous year’s £16.3 million loss. The bank’s revenue climbed to £31 million, up from £27.6 million in 2022, driven by a significant 22…
The Welsh Government has experienced a significant drop in revenue from devolved taxes this financial year.According to the Welsh Revenue Authority (WRA), proceeds from Land Transaction Tax (LTT) and Landfill Disposal Tax (LDT) fell by more than a quarter in 2023-24.Revenue Decline OverviewThe overall revenue collected from devolved taxes in Wales has seen a dramatic reduction. The total sum collected for the financial year 2023-24 amounted to £330.2 million, a stark decrease from the £418.6 million generated in the previous year. LTT, a major constituent of these revenues, dropped from £372.1 million to £269.8 million.Of the £269.8 million raised through…
Landlords will be prohibited from renting out properties that do not meet minimum energy efficiency standards by 2030. This announcement, set to be made by Ed Miliband, Labour’s energy secretary, during the Labour Party conference, marks a significant shift in housing policy.Under the proposed legislation, all rented homes must achieve at least a grade C on their Energy Performance Certificate (EPC). This directive is expected to affect millions of privately rented properties and mandate substantial upgrades, such as insulation, solar panels, or heat pumps, at potential costs of up to £10,000 per property. The measure, initially planned by the Conservatives…
The government has approved the much-anticipated devolution deal for Devon, empowering the county with greater control over local issues.This significant move allows Devon and Torbay councils to make their own decisions on crucial matters such as housing, jobs, and the environment, rather than relying on Whitehall.IntroductionThe government has approved the much-anticipated devolution deal for Devon, empowering the county with greater control over local issues.This significant move allows Devon and Torbay councils to make their own decisions on crucial matters such as housing, jobs, and the environment, rather than relying on Whitehall.Details of the Devolution DealPlans for a new ‘super council’…
Small businesses in the North East are showing significant improvements in productivity and profitability, according to a recent survey.Although they perform below the national average, their growth surpasses that of London and the South East, demonstrating their resilience and innovative capabilities.Small businesses in the North East are witnessing notable growth in profitability and productivity, despite not matching the national average. The latest findings reveal an average profit increase of 8.8% between April and June, a figure that, while below the national average of 9.5%, surpasses the performance in London and the South East. These statistics underscore the resilience and adaptive…
A new law firm, DBA Law, has been established in Birmingham by five former employees of Thursfields. This fresh venture, in collaboration with Excello Law, highlights a strategic move to focus on property and property litigation.The founding members bring a wealth of collective experience from their time at Thursfields, Buckles, and Wright Hassall, positioning DBA Law as a key player in the legal market from the outset.Formation of DBA LawA new law firm, DBA Law, has recently been established in Birmingham by a team of five former Thursfields employees. They have chosen to partner with Excello Law, a legal disruptor,…
Rightmove is currently assessing a third acquisition proposal from Australia’s Rea Group, which values the UK property website at £6.1 billion. This follows the rejection of two previous offers deemed insufficient.The recent offer from Rea Group assigns a value of 770p per share to Rightmove, consisting of 341p in cash and 0.0422 new Rea shares. Rightmove’s chairman, Andrew Fisher, has stated that the board will conduct a thorough evaluation of this revised bid in collaboration with financial advisors. The prior offers were dismissed by Rightmove’s board as opportunistic and not reflective of the company’s true potential. This ongoing interest has…
UK hospitality businesses are being urged to prepare for impending changes in tipping regulations set to take effect on 1st October. The Employment (Allocation of Tips) Act mandates that employers distribute tips and service charges to staff in full, without any deductions.Lynne Blakey, a director at wealth management and advisory firm Evelyn Partners, highlights the significance of these changes. Drawing from her experience as a former finance director at a renowned hospitality business, she notes the lack of preparedness among many establishments. Blakey emphasises, “The new rules require tips to be distributed transparently and fairly, at the location where they…
Housing Secretary Angela Rayner is advocating a significant revision of the National Planning Policy Framework (NPPF), targeting the release of substantial green belt land for housing development, particularly in London and the South East.Rayner’s strategy aims to unlock what is termed as “grey belt” land—areas previously considered unsuitable for development—as part of Labour’s commitment to build 1.5 million homes within the next five years. Recent findings, however, suggest this reform could vastly exceed those expectations, potentially making 150,000 hectares available for up to 4 million new homes. Specifically, LandTech’s data indicates that regions such as East Surrey and Orpington may…
Hargreaves Lansdown has announced a significant update regarding its recent acquisition. Last month, the investment platform agreed to a £5.4bn takeover deal.This deal follows prolonged negotiations and marks a substantial development for the Bristol-based company.Financing the AcquisitionA consortium of lenders has agreed to provide a multicurrency revolving facility for the group aiming to acquire Hargreaves Lansdown. On Monday, Harp Bidco, a newly formed entity, confirmed that Barclays, HSBC, Lloyds Bank Corporate Markets, Mizuho Bank, and MUFG Bank had each entered into a commitment letter to finance the venture. This facility will be available post-acquisition and is intended for general corporate…
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