Nathan Bissitt, Author at Business Ideas UK

Articles

2,500 lose jobs as wholesaler P&H collapses

ByNathan BissittNovember 28, 2017

The wholesaler Palmer & Harvey (P&H) has entered administration after the failure of rescue talks, leaving 2,500 people out of work just weeks before Christmas. Sky News had reported earlier on Tuesday how the company – Britain’s biggest tobacco

Articles

Black Friday breaks John Lewis trading record

ByNathan BissittNovember 28, 2017

John Lewis says it achieved its best sales performance in a single day on Black Friday, after a tougher year for retailers so far. The department store chain said that after weeks of “challenging sales” it saw a 7.2% rise during the weekto 25 November

Articles

Secondary ticketing sites may be breaking law

ByNathan BissittNovember 28, 2017

Secondary ticketing websites are facing enforcement action following a year-long investigation by the competition regulator. The Competition and Markets Authority (CMA) said it suspected “a number” of operators were breaking consumer law but, again,

Articles

Facebook and Twitter to help UK's Russia inquiry

ByNathan BissittNovember 28, 2017

Facebook and Twitter have said they will assist the UK’s inquiries into Russian interference in the EU referendum. The businesses received written requests from the Electoral Commission for information relating to campaign activity during the regulated period

Articles

Thames aiming to sluice away bad reputation

ByNathan BissittNovember 28, 2017

Few companies have been more controversial in recent years than Thames Water. Fined millions of pounds by the regulator Ofwat for pumping raw sewage into the River Thames, causing pollution that a judge called “borderline deliberate”, it has during the

Articles

New data tampering scandal hits Japan

ByNathan BissittNovember 28, 2017

A subsidiary of Japanese synthetic fibre-maker Toray falsified product data, the company has admitted.It is the latest in a series of Japanese corporate scandals in which major corporations have admitted to lapses in quality control. Toray Hybrid Cord re-wrote quality

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Clean bill of health for UK banks

ByNathan BissittNovember 28, 2017

For the first time since the financial crisis, all of the UK’s biggest lenders have passed the Bank of England’s stress tests. The tests imagine a series of adverse economic scenarios to see whether the banks could continue to lend money to support the UK

Articles

UK banks 'strong enough for no-deal Brexit'

ByNathan BissittNovember 28, 2017

The UK’s seven biggest lenders are all strong enough to cope with a “disorderly” no-deal Brexit, according to a Bank of England assessment. But the Bank said it would need to consider whether the firms will need to make sure they hold billions more

Articles

Japan's Softbank 'bids for stake in Uber'

ByNathan BissittNovember 28, 2017

Japan’s Softbank has reportedly made a heavily discounted bid to buy Uber shares at a valuation of $48bn (£36bn). If the deal goes ahead, Softbank would acquire the stock for nearly 30% less than Uber’s most recent valuation of $69bn. The Japanese

Articles

'Be a teddy bear and a dentist'

ByNathan BissittNovember 28, 2017

[unable to retrieve full-text content]Siddhartha Lal, boss of Royal Enfield Motorcycles, tells the BBC why, as a CEO, you need to be a teddy bear and a dentist. Source: BBC News