Nathan Bissitt, Author at Business Ideas UK

Articles

Petrobras in $3bn corruption case settlement

ByNathan BissittJanuary 3, 2018

Petrobras has agreed a settlement worth almost $3bn (£2.2bn) with investors who claimed a corruption scandal at Brazil’s state oil firm hit the value of their investments. Petroleo Brasileiro, as it is officially known, has always insisted it is also a victim in

Articles

Next credits cold weather for festive sales rise

ByNathan BissittJanuary 3, 2018

Next has reported a 1.5% rise in full price sales over the festive season, beating its own expectations of a dismal Christmas. The fashion and homewares retailer credited colder weather for driving the performance – perhaps giving hope that Christmas has not

Articles

Trump administration blocks another major takeover

ByNathan BissittJanuary 3, 2018

Money transfer firm MoneyGram says its planned sale to a company owned by Alibaba’s founder Jack Ma has been called off after regulators blocked the deal. China-based Ant Financial Services Group announced a year ago it had agreed to pay $1.2bn for US-listed

Articles

May declares 'personal mission' to fix housing

ByNathan BissittJanuary 2, 2018

Theresa May has declared it her “personal mission” to fix Britain’s housing crisis, as she hailed the effects of recent changes to stamp duty. She has promised to “restore the dream of home ownership”, amid concerns at the dwindling

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UBS Libor 'chats were company policy'

ByNathan BissittJanuary 2, 2018

Practices for which some traders have been prosecuted, jailed or banned were company policy at the Swiss bank UBS, a court has heard.UBS staff were expected to take into account the bank’s commercial interests when setting the benchmark Libor rate, the High

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eHarmony accused of 'fake news' after advert ban

ByNathan BissittJanuary 2, 2018

Online dating service eHarmony has been accused of promoting “fake news” after it was banned from claiming it used a “scientifically proven matching system”. The advertising watchdog ruled that a billboard advert for the website was “misleading” because

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Bank branch closures: How one town has coped

ByNathan BissittJanuary 2, 2018

The UK’s four big High Street banks closed, or announced plans to shut, a total of 948 branches during 2017.The banks blamed the advance of technology, with customers turning to the internet and smartphones for day-to-day banking.However, one town in Flintshire

Articles

Prince Harry asks

ByNathan BissittJanuary 2, 2018

Is there a link between mental health and the nation’s productivity? When Prince Harry was editing BBC Radio 4’s Today programme, he asked us to look into this question.On a building site in east London, men in hard hats and hi-vis jackets are putting the

Articles

Philip Morris places anti-smoking advertisement in papers

ByNathan BissittJanuary 2, 2018

Tobacco firm Philip Morris has placed an advertisement in some newspapers promoting its “ambition to stop selling cigarettes in the UK”.It is part of the company’s drive to achieve a “smoke-free future”.The owner of the Marlboro brand has

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Ryanair applies for UK air operator licence

ByNathan BissittJanuary 2, 2018

Ryanair is seeking a licence to operate domestic UK air routes which it says it may need in the event of a hard Brexit.The airline said it had applied to UK regulator, the Civil Aviation Authority, (CAA) for a UK Air Operator’s Certificate.Ryanair chief