Nathan Bissitt, Author at Business Ideas UK

Articles

RBS brings curtain down on 'toxic' bank

ByNathan BissittNovember 30, 2017

Royal Bank of Scotland has closed its so-called “bad bank”, which was set up to handle toxic assets stemming from the 2008 financial crisis.The move is another step on the bank’s road to recoveryIn last week’s Budget, the government revived

Articles

Bitcoin volatile amid 20% fall in 24 hours

ByNathan BissittNovember 30, 2017

Bitcoin has plunged from a new high to record a 20% decline in value in just 24 hours, with other cryptocurrencies suffering a similar fate. Market analysts said that after hitting $11,395 per coin on Wednesday – with seemingly no end in sight to its meteoric

Articles

Greene King hangover as consumers squeezed

ByNathan BissittNovember 30, 2017

Pubs operator Greene King has warned of tough market conditions for the next two to three years after higher costs and a squeeze on household incomes were blamed for a fall in first-half profits. Shares in the Suffolk-based group fell 3.7% after it said it was also

Articles

Shell reveals gender pay gap of 22%

ByNathan BissittNovember 30, 2017

Oil giant Shell says male staff working for the company on average earn 22% more than women in the UK. Shell says that despite this, it is confident it pays equally for equal work, and the difference in pay rates is because of a skills gap, rather than sex

Articles

Aviva digital drive aims to make insurance sexy

ByNathan BissittNovember 30, 2017

Insurance. Not a subject many of us like to think about. A topic we associate with tedious form-filling, the annual grind of ringing around for quotes or sitting on a comparison website for hours on end, or the other annual grind of receiving a lengthy and complicated

Articles

Elon Musk bids to build Chicago travel pods

ByNathan BissittNovember 30, 2017

Elon Musk’s infrastructure firm, the Boring Company, will compete to build a new transport link in Chicago.Mayor Rahm Emanuel is exploring options for a high-speed link between O’Hare Airport and the city centre, and is considering an underground link.Mr

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Pound at fresh two-month high on EU deal hopes

ByNathan BissittNovember 30, 2017

The pound has climbed to new two-month highs on hopes that the UK is nearing a divorce deal with the EU. Sterling rose by nearly a cent to just under $1.35 in overnight trading, building on strong gains made a day earlier that had taken it to the highest level since

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Campaign sues Google on behalf of 5.4m Britons

ByNathan BissittNovember 29, 2017

Google is facing legal action launched on behalf of 5.4 million people in England and Wales over allegations it unlawfully collected their personal data. If successful, those affected could receive compensation. The campaign Google You Owe Us says that between June

Articles

Retailers back deposit scheme for plastic bottles

ByNathan BissittNovember 29, 2017

Two major supermarkets are backing a small deposit scheme on plastic bottles in a bid to cut down on the amount of rubbish making its way into our oceans. Iceland and the Co-operative have said that introducing the idea will benefit the long-term sustainability of the

Articles

Ministers fire starting gun on £5.5bn auction

ByNathan BissittNovember 29, 2017

Taxpayers will on Thursday take another step towards recouping money injected into the banking system during the 2008 financial crisis with the formal launch of a £5.5bn auction of housing loans. Sky News has learnt that UK Asset Resolution (UKAR) will announce that