Nathan Bissitt, Author at Business Ideas UK

Articles

Drugs firm accused over 6,000% price hike

ByNathan BissittNovember 21, 2017

A drugs firm abused its dominant market position to overcharge the NHS millions for an essential thyroid treatment, the UK’s competition watchdog has provisionally found. The amount charged by Concordia for a pack of the drug, liotyhronine, rose by almost 6,000%

Articles

Brexit sending UK space firms out of orbit

ByNathan BissittNovember 21, 2017

UK companies are already starting to lose out on European space contracts as a result of Brexit, MPs have heard. Simon Henley, president-elect of the Royal Aeronautical Society – which represents professionals in the industry – said firms were missing out

Articles

Compass can credit Cousins for top table legacy

ByNathan BissittNovember 21, 2017

When the average tenure of a FTSE-100 chief executive is five and a half years, to notch up more than a decade in the same role is some going, particularly when you’ve already been at the helm of another blue-chip company. That is the accomplishment of Richard

Articles

Gove faces fresh row as DEFRA director quits

ByNathan BissittNovember 21, 2017

Environment Secretary Michael Gove is facing a fresh row over his treatment of independent Whitehall directors after demanding that board members commit several days each week to their non-executive roles. Sky News has learnt that Steve Holliday, the former National

Articles

NHS overcharged by millions for key drug, says watchdog

ByNathan BissittNovember 21, 2017

Drug company Concordia overcharged the NHS by millions for a key thyroid treatment, the Competition and Markets Authority has provisionally found. The CMA said that last year the NHS spent £34m on its drug, liothyronine, up from about £600,000 in 2006.The amount the

Articles

EasyJet profits fall after 'difficult year' for aviation

ByNathan BissittNovember 21, 2017

EasyJet’s profits have fallen during what the airline called a “difficult year for the aviation industry”.Pre-tax profits in the year to 30 September fell 17.3% to £408m, in line with guidance given last month. Passenger numbers rose 9.7%.These are

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US moves to block AT&T's takeover of Time Warner

ByNathan BissittNovember 21, 2017

The US Department of Justice has filed a lawsuit to block telecoms giant AT&T’s acquisition of Time Warner, the owner of CNN and HBO.The department said the merger would reduce competition and lead to higher consumer prices. AT&T vowed to fight the move,

Articles

Chinese carmaker Trumpchi mulls less political name

ByNathan BissittNovember 21, 2017

The name Trump is familiar to all Americans, but the name Trumpchi might not be.Although it sounds eerily similar to the name of a certain sitting US President, it’s actually a Chinese car-maker that hopes to start selling to American drivers in 2019. The name,

Articles

Ineos expands into North Sea oil and gas exploration

ByNathan BissittNovember 21, 2017

Chemicals giant Ineos is making a move into deep water oil and gas exploration in the North Sea.Ineos has bought a majority stake in two exploration licenses in areas far to the north of Shetland, thought to have strong prospects for gas reserves.It is the latest deal

Articles

Bid to block AT&T $85bn takeover of Time Warner

ByNathan BissittNovember 21, 2017

The US Department of Justice (DoJ) has sued AT&T to stop its $85bn (£70bn) takeover of Time Warner – setting the stage for a potentially explosive legal battle. Officials said the action was a consequence of fears the proposed tie-up – first announced