Author: Scott Dylan

Scott Dylan, Founder of NexaTech Ventures, is an entrepreneur and investor, offering expert insights on AI, technology, and business transformation across global industries.

The government’s proposed changes to the non-dom tax regime have sparked widespread concern. Reports indicate that Treasury officials fear the reforms might not generate any revenue.Labour’s plan aims to redirect funds raised from abolishing the non-dom status into public services. However, the potential financial loss from an exodus of wealthy individuals poses a serious challenge.Leslie MacLeod-Miller stressed the importance of policy stability. He argued that attracting inward investment requires clear and stable fiscal policies.Tim Searle echoed these sentiments, noting that unpredictable policies could deter wealthy individuals from staying in the UK.The calls for clarity underscore the need for a balanced…

Read More

A new £20m startup hub has opened in Leeds, signalling growth in the region’s tech sector.The West Village provides 230,000 sq ft of workspace for startups.Bruntwood SciTech has reported that three-quarters of the space is pre-let.Leeds is recognised as the fastest-growing digital economy in the UK.14 King Street refurbishment complements the new space, supporting tech-led businesses.The city of Leeds has welcomed a new startup hub in its centre, marking a significant advancement in the local technology landscape. This development, following a £20m redevelopment project, highlights the city’s commitment to fostering innovation and entrepreneurship.The West Village, the central focus of the…

Read More

Aldi is transitioning over 30% of its HGVs to eco-friendly fuels.This move by Aldi focuses on cutting carbon emissions significantly.160 HGVs at key distribution centres are part of this change.Aldi aims to reduce its carbon footprint by 15,400 tonnes annually.Plans to expand this initiative across the entire fleet are underway.Aldi has announced a major step in its sustainability efforts by converting over 30% of its heavy goods vehicle (HGV) fleet to hydrotreated vegetable oil (HVO) fuels. This initiative is aimed at significantly reducing the retailer’s carbon footprint. By making this shift, Aldi targets crucial emission reductions at its Cardiff, Swindon,…

Read More

Riverford Organic has issued a stark warning to major supermarkets, accusing them of ‘farmwashing’. This practice misleads consumers about the origins and production methods of their food.In an open letter, Riverford, supported by over 100 signatories, calls for an end to these unethical marketing tactics that threaten the survival of British family farms.The Problem of FarmwashingThe founder of Riverford Organic, Guy Singh-Watson, has voiced strong opposition to the prevalent use of ‘farmwashing’ by leading supermarkets. He argues that these marketing tactics distort the reality of food production. By overusing the Union Jack, retailers create the false impression that products come…

Read More

Former President Donald Trump is scheduled to meet with Ukrainian President Volodymyr Zelensky at Trump Tower on Friday morning. This meeting provides Zelensky with an opportunity to personally appeal to Trump, a GOP presidential nominee sceptical of continuous US support for Ukraine.The encounter comes during a critical period for Zelensky, who has been working to persuade the Biden administration and other nations to increase military assistance for Ukraine in its ongoing conflict with Russia.Trump and Zelensky: A Pivotal MeetingDonald Trump announced on Thursday his intention to meet with Volodymyr Zelensky, despite recent reciprocal criticisms. The meeting’s clarity had been uncertain…

Read More

Dalton, Georgia, is experiencing a significant economic revival thanks to Biden’s clean energy law, which has spurred growth in the local manufacturing sector. Yet, the political landscape remains firmly in favour of Donald Trump, highlighting a complex interplay between economic benefits and political allegiance.The presence of the Qcells solar panel plant stands as a testament to Biden’s climate investment law, transforming Dalton into a burgeoning hub for green energy. Despite clear economic advantages, the local community continues to demonstrate unwavering support for Trump.Trump Strikes a ChordDalton, located in a congressional district represented by Marjorie Taylor Greene, remains a stronghold for…

Read More

Artfarm, the hospitality group behind the renowned Groucho Club, reported substantial financial losses despite notable growth in sales for the latest financial year.The company, based in Somerset and owned by Swiss investors, saw its pre-tax losses swell from £7.5m to £11.7m in 2023, alongside a surge in turnover from £28.6m to £42.2m.Artfarm’s financial performance in the recent year has been a tale of contrasting elements. While the company reported a significant increase in turnover, jumping from £28.6m in 2022 to £42.2m in 2023, its pre-tax losses also widened markedly, expanding from £7.5m to £11.7m.The expansion strategy involved considerable investments aimed…

Read More

Starting a hotel business in the UK requires thorough planning, attention to legal and financial aspects, and a commitment to delivering high-quality service. With the country’s burgeoning tourism industry, driven by both domestic and international visitors, the opportunity for success is substantial.Understanding the local market is crucial for carving out a niche and ensuring your hotel’s success. By delving into visitor demographics, seasonal trends, and regional competition, you can tailor your business model to meet potential guests’ preferences.Conduct Thorough Market ResearchBefore embarking on your hotel business venture, it is essential to conduct thorough market research to understand the dynamics of…

Read More

Anaphite, a promising Bristol-based startup, raises £10.4 million to advance its innovative EV battery technology.Led by founders Sam Burrow and Alexander Hewitt, Anaphite aims to reduce energy usage and manufacturing space in EV battery production.Investments were secured from prominent entities including World Fund, Maniv, EEI, and others, highlighting the market’s confidence in Anaphite’s potential.The startup’s groundbreaking technology promises significant reductions in energy consumption and factory space requirements for battery production.Anaphite’s rapid growth and potential for expansion in battery technologies are underscored by substantial funding and strategic leadership.Anaphite, a Bristol-based startup, has successfully raised £10.4 million in its latest funding round,…

Read More

Vice President Kamala Harris plans to take a decisive stance against former President Donald Trump on immigration as she visits the southern border in Arizona. She aims to address the perceived political weakness by highlighting her border security measures.This move is part of a broader strategy to counteract Trump’s polling advantage on immigration. Recent trends have shown a narrowing gap, which Harris’s team believes can be further diminished by emphasizing her stringent border policies.Immigration and the 2024 Presidential ElectionImmigration remains a pivotal issue in the 2024 presidential election, with many voters showing greater trust in Trump over Harris in handling…

Read More