Nathan Bissitt, Author at Business Ideas UK

Articles

British Gas scraps standard tariff for new customers

ByNathan BissittNovember 20, 2017

Energy giant British Gas will scrap its expensive standard variable tariffs (SVTs) by April for new customers. It says this will lower average bills. Similar moves have already been announced by both E.On and Scottish Power. British Gas said it would also do more to

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Alibaba buys stake in Chinese hypermarket chain Sun Art

ByNathan BissittNovember 20, 2017

Chinese e-commerce giant Alibaba is pushing further into bricks and mortar retailing by buying a 36% stake in China’s largest hypermarket operator. A unit of Alibaba will pay $2.9bn (£2.2bn) for both direct and indirect holdings in Sun Art, which operates more

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McDonald's Franchise Owner Sells Restaurants, Runs for Office

ByNathan BissittNovember 20, 2017

Kentucky state capitol at dusk / sniggie photo Earlier this month, Joe Graviss completed a deal to sell his nine McDonald’s restaurants in Kentucky to another Kentucky-based franchise owner. He is now running for Kentucky state representative as a Democrat.

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British Gas to end variable tariffs by April

ByNathan BissittNovember 20, 2017

British Gas says it will no longer roll customers onto standard variable tariffs (SVTs) from next April – signalling the beginning of the end for the controversial energy bills. The country’s largest household energy supplier said it was to phase them out

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PM reveals £1.7bn transport boost ahead of Budget

ByNathan BissittNovember 20, 2017

Theresa May is visiting the West Midlands to promote a £1.7bn investment as part of the Government’s industrial strategy, as the countdown to the Budget begins. Chancellor Philip Hammond and Business Secretary Greg Clark will join her to talk about plans to

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Budget disasters: When Chancellors get it wrong

ByNathan BissittNovember 19, 2017

By Alan McGuinness, Political Reporter Budgets are a chance for the chancellor of the day to lay out the state of the nation’s finances and to assure the British public that the coffers are in safe hands. Or at least that’s the plan. Some have proved

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Should we take from the old to give to young?

ByNathan BissittNovember 19, 2017

Young people today are getting a raw deal compared with their parents’ generation, according to the experts. Millennials earn less than previous generations did at the same age, have been saddled with huge student debts, and spend vastly more on renting lower

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Funds on brink of winning BrightHouse battle

ByNathan BissittNovember 19, 2017

A consortium of bondholders is on the brink of gaining control of BrightHouse, the UK’s biggest rent-to-own retailer, as part of a £220m restructuring of the troubled company. Sky News has learnt that a deal could be announced between advisers to

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Chancellor Philip Hammond's 'no unemployed' remark attacked

ByNathan BissittNovember 19, 2017

Media playback is unsupported on your device Opposition parties have criticised Chancellor Philip Hammond after he said “there are no unemployed people” during a BBC interview.Mr Hammond made the comment as he played down the threat posed to people’s

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Budget 2017: Plans to build 300,000 homes a year

ByNathan BissittNovember 19, 2017

Media playback is unsupported on your device Philip Hammond says next week’s Budget will set out how the government will build 300,000 new homes a year.But the chancellor said there was no “single magic bullet” to increase housing supply and the