Author: Scott Dylan

Scott Dylan is the Founder of NexaTech Ventures

Farmers across the UK are voicing strong opposition against the government’s proposed inheritance tax reforms, labelling them a ‘betrayal’.The National Farmers’ Union (NFU) has criticised the government for a lack of consultation with the farming community regarding the policy changes.Tom Bradshaw, NFU president, addressed the detrimental impact on farmers, highlighting inflation and challenging weather as ongoing issues.The government plans to generate £520 million annually by 2029, targeting wealthy individuals, but farmers argue it will harm small family farms.The dispute centres on the government’s interpretation of Agricultural and Business Property Relief figures, which the NFU claims are incorrect.The farming community in…

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The iconic UK tea brand, Typhoo Tea, is set for a revival after being acquired by Supreme in a £10.2 million deal. This comes after the brand faced severe financial challenges, culminating in administration and a stark sales decline.Typhoo Tea, known for its long-standing heritage in the UK’s tea market, has been struggling under the weight of substantial debt. Its financial troubles were described as being ‘strangled’ by its previous owners’ debt by the new acquirer, Supreme’s chief executive Sandy Chadha.In the past year, Typhoo Tea’s sales fell by 26%, decreasing to £25 million from the previous year’s £34 million.…

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A new animation by Mighty Giant celebrates the power of visual storytelling.The project highlights animation’s role in making complex ideas accessible and memorable.Mighty Giant collaborates with Jacob Brodmann to inspire startups and tech firms.The animation blends abstract visuals with impactful narration to convey innovation.Mighty Giant aims to encourage unique approaches to idea presentation through animation.Mighty Giant, a Manchester-based animation studio, has introduced an innovative animation that explores the unique ability of animation to simplify and clarify complex ideas. This project is an exemplification of how animation can transform bold concepts into understandable forms, appealing to a broad audience. Having collaborated…

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Molten Ventures has successfully secured a notable financial return through the strategic exit of its stake in M-Files.The realisation from the M-Files exit contributes to Molten Ventures’ total returns for the fiscal year, reaching £124 million.This financial outcome aligns with, and even surpasses, the firm’s earlier financial projections by a substantial margin.The sale marks another successful chapter in Molten Ventures’ history of strategic investments and exits.Molten Ventures’ commitment to astute investment management and value maximisation for its investors is evident in this latest transaction.Molten Ventures, a prominent venture capital firm listed in London and Dublin, has strategically exited its investment…

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The Cybersecurity and Resilience Bill, presented recently, aims to address glaring weaknesses in the UK’s cyber defences.Recent cyber incidents affecting critical UK infrastructure highlight severe security vulnerabilities.There has been an alarming 72% increase in cyber-attacks since 2021, impacting millions and costing businesses significantly.Geopolitical tensions are exacerbating cyber threats, particularly against NATO countries.The Bill proposes measures to enhance cybersecurity, but its effectiveness in unifying defences is uncertain.The newly introduced Cybersecurity and Resilience Bill targets significant shortcomings in the UK’s current cyber defence strategies. Recent cyber incidents, including those involving major entities like Sellafield nuclear plant and the NHS, underscore the pressing…

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Sofology’s Managing Director, Emma Dinnis, is set to depart as DFS restructures to simplify its management.DFS CEO Nick Smith will assume a new group role, overseeing Sofology operations.The restructuring introduces new roles to enhance leadership across key group operations.DFS aims to streamline its structure and better focus on strategic goals.DFS’s leadership changes aim to strengthen the business’s future potential.Sofology’s Managing Director, Emma Dinnis, will step down at the end of December as part of DFS’s decision to merge management teams. This move is designed to create a more streamlined management structure, enabling DFS to focus on strategic objectives more efficiently.In…

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The UK government remains committed to a 2025 ban on junk food advertising, reinforcing earlier commitments.This ban will target ads on TV before the 9pm watershed and near schools, aiming to combat child obesity.Originally proposed by the Conservatives, the Labour government now confirms the ban’s October 2025 implementation.Local health authorities and public bodies welcome the ban as a step towards healthier future generations.The new restrictions will include specific guidelines on what constitutes ‘less healthy’ food products.In a significant move to tackle child obesity, the UK government has confirmed it will implement a ban on junk food advertisements on television before…

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Nine aspiring solicitors join Wilkin Chapman to begin their careers across East Yorkshire and Lincolnshire.Wilkin Chapman, the largest law firm in the region, recruits nine new trainees to its offices in Grimsby, Lincoln, Beverley, and Louth.The new recruits embark on two-year contracts, gaining experience in a variety of legal disciplines including medical negligence and real estate.The structured programme includes four six-month rotations, providing exposure to different legal environments and client-focused scenarios.Wilkin Chapman’s commitment to nurturing talent and producing skilled lawyers is highlighted by this initiative.Wilkin Chapman, the largest law firm in East Yorkshire and Lincolnshire, has recently added nine aspiring…

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Food sales experienced a notable increase of 2.4% over the past three months leading to November, amidst a growing desire among consumers to spend more this Christmas, according to the latest report from the British Retail Consortium (BRC)-KPMG.While this growth falls short of the 12-month average increase of 3.7%, it indicates a positive year-on-year performance for November, marking food as one of the few categories with enhanced sales both online and in-store.Sarah Bradbury, CEO of IGD, highlighted the trends in the grocery market, noting a growth in both value and volume. She stated, “November’s grocery market performance shows year on…

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Recent figures reveal a promising start to the festive shopping season as food sales increased by 2.4% in the three months leading up to November. This surge contrasts the overall trend in retail, where a decline was noted, indicating a specific consumer interest in food purchases amidst the economic pressures.The British Retail Consortium (BRC)-KPMG retail sales monitor reported that despite being below the 12-month average growth of 3.7%, food sales experienced a year-on-year rise for November, distinguishing it as one of the few categories with such growth. This data suggests that consumers are prioritising food shopping during the festive period,…

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