Author: Scott Dylan
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.
The Bank of England has maintained its interest rate at 5%, with a signal that it might cut borrowing costs “gradually over time” should inflation remain subdued. Eight out of the nine Monetary Policy Committee (MPC) members voted to keep the UK base rate steady this Thursday.Following a decrease from 5.25% last month, the first cut since 2020 providing some relief to borrowers, the central bank chose to hold the rates, signaling cautious optimism. Bank of England Governor Andrew Bailey remarked on Thursday: “Inflationary pressures have continued to ease since we cut interest rates in August.” He added, “The economy…
A South Devon hotel, renowned for inspiring two of Agatha Christie’s novels, will no longer be sold, as confirmed by the owner. Burgh Island Hotel, a distinguished art deco establishment situated on a private tidal island, was initially listed for £15 million in May. The hotel’s rich history includes hosting notable figures such as Winston Churchill, the Beatles, and Noel Coward, as stated on its website.The Burgh Island Hotel, a Grade-II listed property, has secured a £5.4 million funding package from Metro Bank. This financial boost will facilitate significant refurbishments to the hotel’s infrastructure and aid in the preservation of…
Yonder, a credit card rewards company focused on millennials and Gen Z, has successfully secured an additional £23.4 million in its latest funding round, significantly boosting its post-money valuation to over £100 million.The funding round, reported by City AM, was led by Dan Jones of venture capital firm Repeat, an early investor in Revolut and Canva. This latest injection of capital brings Yonder’s total equity financing to more than £85 million since its founding in 2021. The company plans to use the new funds to further its international expansion efforts.Yonder’s Series A fundraising occurred last year, during which it raised…
Close Brothers has agreed to divest its wealth management division, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management in a deal worth up to £200 million. This strategic move by the FTSE 250 merchant bank is expected to be finalised in early 2025, pending regulatory approvals.The financial transaction is set to yield approximately £172 million in upfront cash proceeds, which Close Brothers intends to retain to bolster its capital base. The company stated this would improve its position amidst the current uncertain financial climate. Mike Biggs, the bank’s chairman, highlighted that the sale offers competitive value…
Welsh Water has announced that Chairman Alastair Lyons will retire at the end of the year, with Jane Hanson set to succeed him from January. Jane Hanson, currently chair of the audit committee, brings over 30 years of board-level experience in various sectors.Mr Lyons, who served as chair since 2016, expressed his confidence in Hanson, highlighting her extensive background and insights gained as a board member over the past three years. He emphasised the critical role Welsh Water plays in the lives of its customers and noted the importance of Hanson’s expertise for the company’s future.Hanson stated her commitment to…
Samsung’s latest foldable phones, the Galaxy Z Fold 6 and the Galaxy Z Flip 6, are set to revolutionise how small and medium-sized businesses operate. These new models are engineered to enhance productivity and performance, offering durability and multitasking features essential for the modern professional.The Galaxy Z Fold6, with its expansive 7.6-inch main display, is tailored for multitasking. This makes it an ideal tool for viewing presentations, making video calls, and managing numerous tasks simultaneously. On the other hand, the compact and portable design of the Z Flip6 is perfect for those with limited space, ensuring efficiency without compromising on…
Fentimans, a Northumberland-based soft drinks and tonic water manufacturer, has reported a pre-tax loss of £655,708 for 2023. The challenging financial outcome is attributed to poor summer weather and the ongoing cost-of-living crisis, which have adversely affected sales.The company’s turnover decreased from £42.1 million to £38.9 million over the year, according to accounts filed with Companies House. This marks a reversal from a pre-tax profit of £604,271 in 2022. The last time Fentimans recorded a pre-tax loss was in 2019, when it posted a substantial £5.1 million loss. Despite the overall downturn, UK sales during the Christmas period showed an…
The Senedd has celebrated the unparalleled success of the 2024 National Eisteddfod, held in Pontypridd, with attendance exceeding 186,000. Heledd Fychan, representing South Wales Central, lauded the event’s significant impact during a debate on September 18.Pontypridd transformed into a bustling hub as thousands gathered at Ynysangharad War Memorial Park in early August. This event marked the first time the Eisteddfod had returned to Rhondda Cynon Taf since 1956, and the response was overwhelmingly positive. Fychan highlighted the anticipation and scepticism preceding the event, noting the eventual widespread acclaim. “There is a question to begin with: ‘The best Eisteddfod ever. That…
Ocado’s shares experienced a significant surge of over 10% in early trading today, following the announcement of an upward revision in sales projections.The retail division of Ocado, known as Ocado Retail, is a joint venture equally held by Ocado Group and Marks & Spencer. In the 13 weeks leading up to 1 September 2024, Ocado Retail reported a notable 15% increase in revenue, as highlighted by City AM. During this period, the company saw its revenues rise to £658 million, up from £569 million in the same quarter of 2023.Additionally, Ocado witnessed improvements in sales volumes, with items sold rising…
Cardiff-based medical technology company Alesi Surgical has successfully raised £5 million in a recent funding round, aimed at accelerating the global sales of its innovative smoke management technology for surgical theatres.The Cardiff University spinout has developed a sophisticated system designed to manage the smoke produced by surgical tools, which can hamper visibility and pose health risks to operating theatre staff. The latest funding round was led by Mercia Ventures, with additional participation from existing investors including IP Group and Panakès Partners. This brings the total capital raised by Alesi Surgical to over £21 million.Alesi Surgical’s technology has received regulatory clearance…
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