Nathan Bissitt, Author at Business Ideas UK

Articles

Same old message from M&S – but room for optimism?

ByNathan BissittMay 23, 2018

Another set of results from Marks & Spencer (M&S), almost inevitably, brings with it talk of ‘transformation’ or stepping up the ‘pace of change’ in the business. Luc Vandevelde, the former executive chairman, spoke at the half-year

Articles

Uber to offer drivers 'free' pay protections

ByNathan BissittMay 23, 2018

Uber says it is to provide a range of protections for its drivers and couriers as it tries to demonstrate it is a responsible member of the so-called gig economy. The ride-hailing app, which is battling to secure its operating licences in London, York and Brighton

Articles

M&S profits plunge 62% on store closure costs

ByNathan BissittMay 23, 2018

Marks and Spencer (M&S) has revealed steep falls in annual sales and profits, hours after accelerating its store closure programme. The chain reported pre-tax profit in the year to 31 March came in 62% down on the previous year at £66.8m. While its bottom line was

Articles

Boys paid more than girls for helping at home

ByNathan BissittMay 23, 2018

It is not just in the workplace that women suffer from the gender pay gap – girls also lose out when it comes to being rewarded for helping around the home. A survey of 500 people by Santander found that a third of parents pay children for doing household

Articles

M&S closure plans trigger £300m charge

ByNathan BissittMay 22, 2018

Marks & Spencer is braced for a financial hit of up to £300m from an expanded store closure programme that reflects brutal trading conditions on the British high street. Sky News has learnt that the retailer will announce as part of its annual results on Wednesday

Articles

500 jobs at risk as supermarket closes Tesco Direct

ByNathan BissittMay 22, 2018

Tesco is to close Tesco Direct, its non-food website. Tesco Direct sells a range of general merchandise, including technology, homeware, clothing and toys for delivery or collection. The supermarket giant has determined “there is no route to profitability for

Articles

Brexit has cost UK households £900 – Bank governor

ByNathan BissittMay 22, 2018

Mark Carney has claimed the Brexit vote has left households £900 worse off, describing the sum as “a lot of money.” The governor of the Bank of England made his remarks while giving evidence of a committee of MPs, stating his belief that the effects of the

Articles

ICG clinches £1.2bn Iris software buyout

ByNathan BissittMay 22, 2018

A London-listed investment firm is on the brink of winning a £1.2bn race to participate in Britain’s biggest-ever software takeover deal. Sky News understands that Intermediate Capital Group (ICG) is likely to strike a joint agreement to buy Iris, which supplies

Articles

Prokil Featured on BBC Radio Solent

ByNathan BissittMay 22, 2018

Prokil, Franchise Manager Alex Marsango, himself a qualified surveyor talks to BBC Radio Solent about the growing trend in housing to add further value by going down into the basements of houses and commercial properties when space around is limited. Prokil not only

Articles

M&S to shut total of 100 stores by 2022

ByNathan BissittMay 22, 2018

Marks & Spencer (M&S) says it is to close a total of 100 stores by 2022 under its five-year transformation plan, placing thousands of jobs at risk. The retailer, which has already shut 21 outlets included in the figure, said it had identified a further 14