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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.
Manchester United has embarked on a ground-breaking strategic partnership with local authorities to explore the potential transformation of Old Trafford. This ambitious endeavour aims to create Europe’s most significant regeneration project, bringing substantial social and economic benefits to the region.The collaboration, led by the Old Trafford Regeneration Task Force, chaired by Lord Coe, promises a future where a new or extensively revamped stadium could revitalise the area. This bold initiative underscores the broader vision of enhancing community prosperity and driving urban renewal.Manchester United is collaborating with Trafford Council and the Greater Manchester Combined Authority on a ‘strategic partnership’ to explore…
A recent survey indicates that Britain’s exporters are increasingly finding themselves ill-prepared to seize global opportunities.The annual research commissioned by the Department for Business and Trade highlights a worrying trend in export expertise.Decline in Export ExpertiseA survey of 3,000 businesses with revenues exceeding £500,000 revealed that only 18% considered themselves experts in exporting last year, down from 24% the previous year. This marks the lowest level since Britain’s Trade and Co-operation Agreement with the EU took effect in 2021.Additionally, the proportion of businesses reporting low levels of exporting knowledge increased from 23% in 2022 to 28% last year. Others admitted…
Aspire Technology Solutions, a leading tech firm based in Gateshead, has witnessed a remarkable financial performance, edging towards a £40 million revenue mark. The company’s most recent accounts highlight a significant revenue increase, attributable mostly to organic growth and strategic acquisitions. This substantial growth aligns with Aspire’s efforts towards enhancing its service offerings, evidenced by its acquisition of Cloud Cover IT Services. The firm has also experienced notable growth in cyber security, gaining a foothold across various sectors.Aspire Technology Solutions has reported a commendable growth in revenues, rising by almost 25% to reach approximately £39.6 million for the year ending…
The planned office block in Newcastle, initially named The Pioneer, has been rebranded to One Founders Place. This strategic move seeks to leverage the rich industrial heritage of the Stephenson Quarter, aiming to draw potential tenants to kickstart the project.The rebranding is part of an effort to capitalize on historical significance, following a study by Historic England that found a link between cultural heritage and business productivity. This article delves into the details of the renaming and its implications for Newcastle’s future.Rebranding Efforts to Attract TenantsThe 100,000 sq ft Pioneer office building, initially announced last March, has been renamed One…
Investments into the Seed Enterprise Investment Scheme (SEIS) have surged noticeably following the recent general election. New data indicates a significant uptick in investor participation since 4 July. This movement underscores the growing apprehension regarding potential tax hikes.The Seed Enterprise Investment Scheme, a government-backed initiative designed to offer tax reliefs for investors in UK start-ups, has witnessed a remarkable boost in investment activities. According to data from Broker Wealth Club, there was a 188 per cent year-on-year rise in new funds channelled into the scheme between 4 July and the end of August.Introduced in 2012, the SEIS aims to foster…
Revolution Bars Group has announced a significant leadership change. Esteemed investor Luke Johnson is set to become the new non-executive chairman.Johnson, who holds a 20% stake in the company, will succeed Keith Edelman, who significantly influenced the company during his nine-year tenure.Revolution Bars Group has recently declared the appointment of Luke Johnson as the new non-executive chairman, marking a notable shift in leadership. Johnson, a respected figure in the investment world with a 20% stake in the company, will replace Keith Edelman. Edelman has been instrumental in directing the company’s strategic initiatives over the past nine years, overseeing pivotal events…
John Lewis’s ‘Never Knowingly Undersold’ principle has been reinstated, delighting many in the fashion and footwear sectors.The pledge, which had been discontinued in 2022, is now revamped to include major online retailers like Asos and Amazon.65% of participants in a LinkedIn poll expressed approval of the price pledge’s return.Executives from renowned brands such as French Connection and Dune London expressed positivity towards the reinstatement.John Lewis aims to align with consumer expectations by reintroducing this iconic pricing commitment.John Lewis has brought back its celebrated pricing policy, ‘Never Knowingly Undersold,’ much to the satisfaction of various executives in the fashion and footwear…
The new whitepaper from Axonify addresses digital transformation in retail.Current retail challenges include integrating emerging technologies and adapting to new shopper habits.Microlearning presents 15 key benefits for the retail sector, enhancing employee agility.Implementing impactful microlearning programs requires a systematic ten-step approach.Foot Locker, Walmart, and Apparel Group have showcased the success of microlearning.The latest whitepaper published by Axonify delves into the pressing need for retail organisations to adapt through digital transformation. As shopper behaviours evolve and new technologies emerge, companies are tasked with keeping their frontline staff agile and responsive. This publication aims to equip businesses with strategies to embrace these…
A new white paper addresses concerns about AI-induced job losses.The report indicates no significant job losses among AI-using firms.Business leaders are divided on AI’s future impact on employment.The UK is urged to adopt a more proactive stance on AI adoption.Lack of AI regulations contributes to public uncertainty and fear.A new white paper has surfaced addressing prevailing concerns that artificial intelligence (AI) may lead to significant job losses. The paper, published by Automated Analytics, asserts that this fear, at present, is largely unfounded. The company, which specialises in AI solutions for advertising and marketing, has not recorded any layoffs among its…
A reported joint bid by Shein and Authentic Brands Group (ABG) for Topshop has been rejected by Asos.The bid totalled £215.5 million, significantly higher than the accepted offer from Heartland.Asos’s decision was influenced by ABG-owned Ted Baker’s recent challenges in the market.Shein and ABG had made prior moves in the fashion industry, including a partnership with Forever 21.Details of the sale and associated stakes have been released by The Sunday Times.In a recent development concerning the sale of Topshop, Asos has reportedly declined a joint bid from Shein and Authentic Brands Group (ABG), valuing at £215.5 million. Instead, Asos opted…