Nathan Bissitt, Author at Business Ideas UK

Articles

Goodbye Mr Chip: 'Crisis' sees Samsung boss quit

ByNathan BissittOctober 13, 2017

The chief executive of Samsung Electronics has resigned, with a warning that the South Korean technology giant is in the throes of an “unprecedented crisis”. Kwon Oh-hyun announced his decision to step down on Friday, when the company estimated that its

Articles

Weinstein claims: Amazon Studios boss suspended

ByNathan BissittOctober 13, 2017

Amazon Studios chief Roy Price has been suspended amid claims he “ignored” allegations Harvey Weinstein raped actress Rose McGowan. In a series of posts on Twitter, McGowan claimed she warned Price about the Hollywood producer, who has been accused of

Articles

Bogus illness claims cost holiday firms £240m

ByNathan BissittOctober 12, 2017

Bogus illness claims are costing British tour operators up to £240m a year and driving up the cost of holidays for everyone, according to the Association of British Travel Agents. Many of the claims never go to court – and are settled – because of the fear

Articles

UK faces gridlocked future, Lord Adonis warns

ByNathan BissittOctober 12, 2017

The UK faces a tainted future of gridlock on the roads, railways and in the skies, as well as slower broadband and worse air quality, according to the man who advises the Government on infrastructure projects. Lord Adonis, chair of the National Infrastructure

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Scotsman owner faces battle over EGM demand

ByNathan BissittOctober 12, 2017

The second-largest investor in Johnston Press, the owner of The Scotsman and i newspapers, will next week ignite a battle for control of its board by demanding a shareholder meeting to oust its chairman. Sky News has learnt that Christen Ager-Hanssen, a Norwegian

Articles

Weak pound helps FTSE 100 to record close

ByNathan BissittOctober 12, 2017

The FTSE 100 has closed at a record high thanks to a fall in the pound on jitters over the progress of Brexit talks. London’s leading share index finished Thursday’s session 22.43 points, or 0.3%, higher at 7556.24. The pound had fallen by as much as a

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Lenders plan to cut back consumer credit

ByNathan BissittOctober 12, 2017

Banks and building societies are planning to rein in unsecured consumer loans at the sharpest rate since the depths of the recession, according to a Bank of England survey. It pointed to the biggest cutback in this type of credit since the fourth quarter of 2008

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IMF chief 'cannot imagine' no deal on Brexit

ByNathan BissittOctober 12, 2017

The head of the International Monetary Fund has said she “cannot imagine” there will be no deal on Brexit. At the IMF’s annual meeting in Washington, Christine Lagarde made her most strongly worded intervention since the negotiations began, urging

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Next week's Royal Mail strike blocked by court

ByNathan BissittOctober 12, 2017

Royal Mail has won a High Court injunction preventing next week’s 48-hour strike by postal workers. Around 110,000 members of the Communications Workers Union (CWU) were set to walk out from 19 October in what would have been the first national postal strike

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Kobe Steel: More data fabrication cases possible

ByNathan BissittOctober 12, 2017

Kobe Steel has warned that there may be more cases of falsified product data, in a sign the unfolding scandal could worsen. The Japanese company has already admitted that products were sold to about 200 firms with false data about their strength and durability.Toyota,