Nathan Bissitt, Author at Business Ideas UK

Articles

Sky/Fox takeover deal likely to face competition probe

ByNathan BissittJune 29, 2017

The Culture Secretary said she is “minded to” refer Rupert Murdoch’s 21st Century Fox takeover of Sky to the competition watchdog.Karen Bradley’s decision is a blow to the media mogul’s hopes of having the £11.7bn deal waved through

Articles

Malawi and Unicef launch drone air corridor

ByNathan BissittJune 29, 2017

Malawi has launched Africa’s first air corridor to test the use of drones, or Unmanned Aerial Vehicles, in humanitarian missions in partnership with the UN children’s agency, Unicef.Kasungu Aerodrome, in central Malawi, will be exclusively used for the

Articles

Government 'minded to' refer Sky deal to CMA

ByNathan BissittJune 29, 2017

Culture Secretary Karen Bradley has said she is ‘minded to’ refer 21st Century Fox’s takeover of Sky plc to the Competition and Markets Authority. Ms Bradley disclosed her initial decision on the deal to MPs after receiving reports from regulators on

Articles

Pound climbs boosted by consumer borrowing

ByNathan BissittJune 29, 2017

The pound has climbed above $1.30 against the US dollar for the first time since before the election as figures showing a pick-up in consumer borrowing buoyed expectations of an interest rate rise. Sterling was nearly a cent higher following the data from the Bank of

Articles

Global beauty price gap revealed

ByNathan BissittJune 29, 2017

Country star Dolly Parton once said of her appearance that “it costs a lot of money to look this cheap”.But however classy your look, if you want to take care of yourself, you too can find yourself shelling out big bucks like Dolly.What you may not realise

Articles

Rolls-Royce safeguards 7,000 jobs in East Midlands

ByNathan BissittJune 29, 2017

Rolls-Royce has secured more than 7,000 jobs in the East Midlands after announcing its biggest single investment in the UK for over a decade.The engineering giant said it would be investing the majority of the £150m in a new test bed in Derby.This facility would test

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Bank of England: Wales facing cost of living 'squeeze'

ByNathan BissittJune 29, 2017

People in Wales are facing a “squeeze” because pay is flat but the price of goods has gone up, according to the Bank of England’s chief economist.Andy Haldane said interest rates could “edge up” if the cost of living continues to rise.He

Articles

UK car output fell 10% in May, says SMMT

ByNathan BissittJune 29, 2017

Production of new UK cars fell by almost 10% last month compared with a year ago, latest industry figures show.The Society of Motor Manufacturers and Traders (SMMT) said 136,119 new cars were built in May, 9.7% fewer than the same month in 2016.However, in May 2016

Articles

Rolls-Royce to invest £150m in UK plants

ByNathan BissittJune 29, 2017

Engine maker Rolls-Royce is investing £150m in UK aerospace facilities in a move that will safeguard more than 7,000 jobs. It is the Derby-based group’s biggest single investment in the UK for more than a decade. The announcement was welcomed by the Government

Articles

BT Italy scandal prompts auditing probe

ByNathan BissittJune 29, 2017

The Financial Reporting Council (FRC), the UK’s accountancy watchdog, says it has begun an investigation into the auditing of BT’s financial statements.The investigation covers the years 2015 to 2017 and relates to the scandal in the telecoms giant’s