Nathan Bissitt, Author at Business Ideas UK

Articles

Asda gets (another) new boss for market share fight

ByNathan BissittOctober 30, 2017

At various points, during recent years, it has been claimed that chief executive of Marks and Spencer/Tesco/Morrisons/Debenhams (delete as applicable) has the “toughest job in British retailing”. Today, though, it is hard to avoid suggesting that being

Articles

Multi-Unit Franchisee: The Youngest Son

ByNathan BissittOctober 30, 2017

Amin Dhanani, 40, has worked in the franchise business since he was 15. He is Popeyes Louisiana Kitchen’s largest franchisee, with 270 units, and also owns 26 La Madeleine French Bakery & Café franchise units. The youngest of 11 children, Amin, who was born

Articles

Switch sales nearly double Nintendo profit outlook

ByNathan BissittOctober 30, 2017

Nintendo has nearly doubled its full-year profits forecast thanks to the success of its new Switch hybrid game machine. The Japanese video games maker said it expected an annual bottom line of 120bn yen (£800m), compared with an earlier outlook of 65bn yen (£430m). It

Articles

Spanish shares bounce back after unity rally

ByNathan BissittOctober 30, 2017

Spain’s stock market has started the week on a high as investors were cheered by an anti-independence rally and results of a poll ahead of regional elections. The Ibex – which had fallen sharply on Friday’s independence declaration – bounced

Articles

UK must prepare for fourth industrial revolution, says report

ByNathan BissittOctober 30, 2017

Advanced digital technology could give UK manufacturing a huge boost and create hundreds of thousands of jobs, a new report claims.The independent review, chaired by the head of Siemens UK, highlights the benefits of robotics, 3D printing and artificial

Articles

EasyJet agrees €40m deal with insolvent Air Berlin

ByNathan BissittOctober 30, 2017

EasyJet has confirmed a €40m (£35m) deal with Air Berlin to buy part of the insolvent German airline’s operations, in a move that will secure 1,000 jobs.EasyJet will buy some of the company’s assets at Berlin Tegel Airport, including landing slots as well

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Hammond facing £20bn black hole, says IFS

ByNathan BissittOctober 30, 2017

The Chancellor faces an increasingly stark choice on whether to prioritise deficit reduction or public spending according to new analysis predicting a near £20bn Budget black hole. Philip Hammond may have to abandon his goal to balance the books if, as expected,

Articles

HSBC posts huge jump in profit as Asia business grows

ByNathan BissittOctober 30, 2017

Banking giant HSBC has reported pre-tax quarterly profits of $4.6bn (£3.5bn) for the three months to the end of September.The result marks a huge 448% increase from $843m posted in the same period a year ago.At that time, earnings were hit by a one-off loss of $1.7bn

Articles

Budget: Hammond faces spending dilemma, says IFS

ByNathan BissittOctober 30, 2017

The chancellor is between “a rock and a hard place” for his forthcoming Budget on 22 November, a think tank says.Philip Hammond may have to abandon his target for getting rid of the deficit if he wants to increase spending on public services, the Institute

Articles

Managing the managers

ByNathan BissittOctober 30, 2017

The place: a textile plant near Mumbai, India. The time: 2008. The scene? Chaos. Rubbish is piled up outside the building – with almost as much inside. There are piles of flammable junk, and open chemical containers. The yarn is at least bundled up in white