Author: Scott Dylan

Bango is poised for growth with anticipated banking subscription expansion.The firm recorded an 18.6% increase in half-year revenue, reaching $24.1m.There is a shift in banks moving from free accounts to subscription-based models.Bango’s partnerships pave the way for new subscription service collaborations.Market responses saw Bango’s share prices fluctuate following the announcement.Bango, a company specialising in subscription bundling services, foresees significant growth in the number of subscription services offered by major UK banks. This comes on the heels of a notable 18.6% increase in Bango’s half-year revenue, amounting to $24.1 million. The majority of this gain is attributed to a 60% rise…

A significant increase in global egg prices is observed as outbreaks of bird flu disrupt supply chains.Global egg prices are currently 60% higher than in 2019 due to avian flu in North America and Europe.The culling of tens of millions of birds has exacerbated the shortage, affecting the United States and the United Kingdom.Industry experts warn of future shortages as uncertainty around bird flu persists, impacting farmers globally.Investments and innovation in the UK egg sector continue despite the challenges posed by the outbreaks.Global egg prices have witnessed a dramatic increase, reaching 60% above 2019 levels, primarily attributed to widespread avian…

Councillors have approved plans to convert a church in Timperley into a place of worship for the Ismaili Muslim community. Despite significant opposition, the proposal has moved forward.The planning application includes significant structural changes, aiming to modernise and adapt the building for its new purpose.Approval Amidst OppositionThe proposal for the conversion of Woodlands United Reformed Church faced significant opposition, with 165 objections submitted. Local councillor Julian Newgrosh was among those who raised concerns about potential issues, particularly focusing on traffic and parking stress on nearby roads.Despite these objections, the planning committee approved the plan. The building will see a two-storey…

The spread of citrus greening disease has significantly impacted orange prices and Tropicana’s profits.Underlying profits for Naked Juice are expected to fall from a prior forecast, illustrating financial strain.Orange crops in Florida have been heavily affected, raising production costs for Tropicana due to scarcity of healthy fruit.Orange prices have escalated to unprecedented levels, exceeding $6,500 per tonne, impacting sourcing strategies.Brazil has become a crucial supplier due to better disease management, altering Tropicana’s sourcing dynamics.The citrus greening disease, affecting the colour and taste of oranges, has led to steep price increases and significant profit challenges for Tropicana. The disease has ravaged…

In a significant move, over 30 leading supermarkets and food producers are urging the UK government to introduce mandatory food waste reporting.This initiative includes prominent retailers who aim to challenge businesses to address their food waste issues critically.The proposal is seen as a crucial step towards achieving the government’s target to halve food waste by 2030.The call for action is organised by Jamie Crummie, co-founder of Too Good to Go, with support from the British Retail Consortium.Government officials acknowledge food waste as a national issue and are working with industry players to reduce it.A coalition of over 30 supermarkets and…

A one-year grace period for student loan borrowers who miss a payment is concluding this week. This transition marks a significant shift after the pandemic-era pause on student loan repayments that resumed last year.During this past year, borrowers enjoyed a protective buffer from the negative credit implications of missed, late, or partial payments. With this protection ending, borrowers must now prepare for the return of regular financial responsibilities.Implications of Missing PaymentsStarting October 1, student loan servicers will resume notifying credit bureaus if any payment is not made within 90 days of its due date. Previously, borrowers had leeway during the…

Nesti, a forward-thinking startup, has secured £250,000 in pre-seed investment for its AI-driven video generation platform.Founded in 2024, Nesti aims to revolutionize outbound sales with its automated, personalised video prospecting tool.The investment round was spearheaded by SFC Capital, drawing interest from angel investors within Nesti’s client base.Nesti’s innovative technology promises significant improvements in sales engagement and conversion rates.The B2B video generation market is expanding rapidly, with notable investments in related tech firms.Nesti, an innovative startup, has successfully secured a pre-seed investment of £250,000 to further its development of an AI-driven video generation tool tailored for sales teams. This investment underscores…

Raspberry Pi expands its artificial intelligence range with a new AI camera, integrating Sony technology.The AI camera facilitates image processing, catering to visual data AI solutions.Launched alongside existing single board computers, it utilises an integrated AI accelerator.Raspberry Pi’s partnership with Sony enhances its imaging capabilities.This product launch follows a successful financial debut, despite a slowdown in customer activity.London-listed Raspberry Pi has announced the expansion of its artificial intelligence offerings with the launch of a new AI camera. This camera benefits those requiring advanced image processing in AI solutions, making it a significant addition for developers.The newly launched camera, compatible with…

Leading retailers and brands urge the government to implement mandatory food waste reporting to combat wastage.More than 30 significant entities, including Tesco and Nestlé, have signed a letter to the Department for Environment, Food and Rural Affairs (Defra).The call for action aims to make food companies accountable for food production and wastage, excluding farmers from the proposed scheme.The initiative coincides with the government’s ambition for a ‘circular economy’ and Labour’s target to halve food waste by 2030.The push aligns with broader industry efforts, such as new technologies and facilities developed by companies like Tesco and Unilever.Retailers and major brands in…

In a decisive move, Rightmove has turned down yet another takeover bid from Rupert Murdoch’s REA Group. The £6.2bn offer was deemed ‘unattractive’ and insufficient by the property portal’s board.This marks the fourth time REA has attempted to acquire Rightmove, and the repeated bids have caused considerable disruption. The Rightmove board remains resolute in its decision, confident that their standalone strategic plan better serves shareholders’ interests.The London-listed property platform Rightmove has consistently rebuffed takeover attempts from REA Group. The latest offer of £6.2bn was dismissed, with Rightmove’s board unanimously agreeing that it ‘materially undervalues’ the company. In a firm statement,…