Nathan Bissitt, Author at Business Ideas UK

Articles

House of Fraser aims to cut store rents

ByNathan BissittJanuary 5, 2018

The House of Fraser department store chain has confirmed that it is seeking to reduce rents on some of its stores.The retailer confirmed that it had written to some landlords asking for their “support”.The move, first reported by Sky News, suggests that it

Articles

US jobs growth loses steam in December

ByNathan BissittJanuary 5, 2018

US employers added fewer jobs than expected in December, capping a year of slowing jobs growth.Non-farm payrolls rose by 148,000 last month, amid losses in the retail sector, the Labor Department said.But the unemployment rate held steady at 4.1%, the lowest it has

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Deutsche Bank to take €1.5bn US tax hit

ByNathan BissittJanuary 5, 2018

Deutsche Bank will take a €1.5bn (£1.3bn) charge following changes to the US tax code, meaning it will not make a profit for 2017.The bank said its trading revenue in the fourth quarter also declined about 22% year-on-year, amid lower market volatility and less client

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House of Fraser seeks to slash rent bill

ByNathan BissittJanuary 5, 2018

House of Fraser (HoF), one of the UK’s biggest department store chains, is seeking to slash its rent bill, stoking fears of further casualties on an increasingly embattled high street. Sky News has learnt that HoF has contacted an undisclosed number of the

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Record highs on the stock market, but will it last?

ByNathan BissittJanuary 5, 2018

Stock markets around the world have started 2018 where they left off in 2017. On Wall Street, the S&P 500, the Nasdaq and the Dow Jones Industrial Average are all trading at all-time highs. In Japan, the benchmark Nikkei 225 is at levels last seen at the end of

Articles

Latte Levy: What are businesses doing?

ByNathan BissittJanuary 5, 2018

Billions of disposable coffee cups are thrown away in the UK every year, with most ending up in landfill sites.Coffee shop owners are under mounting pressure to do more to stop that from happening.MPs are calling for a 25p “latte levy” on disposable coffee

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White noise video on YouTube hit by five copyright claims

ByNathan BissittJanuary 5, 2018

A musician who made a 10-hour long video of continuous white noise – indistinct electronic hissing – has said five copyright infringement claims have been made against him.Sebastian Tomczak, who is based in Australia, said he made the video in 2015 and

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Headhunting queen Hall to abdicate role

ByNathan BissittJanuary 5, 2018

The headhunter behind some of the most prominent appointments in British boardrooms for two decades is to step down, 18 months after selling her company to a bigger American rival. Sky News understands‎ that Jan Hall, who placed the chairmen of Diageo, Legal &

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Business Doctors, the SME support franchise, has launched a new Teeside territory.

ByNathan BissittJanuary 5, 2018

Describing its offer as ‘somewhere in between consultancy and coaching’, the company provides hands on support to owners of small and medium sized enterprises in every sector. The Teeside territory has been bought by former financial director Simon Grant. With a range of

Articles

Petrol retailer MFG eyes £2.5bn MRH merger

ByNathan BissittJanuary 5, 2018

Motor Fuel Group (MFG), one of Britain’s biggest independent petrol retailers, is hatching plans for a £2.5bn merger with MRH GB, a rival operator. Sky News has learnt that MFG, which is backed by the private equity firm Clayton Dubilier & Rice (CDR), is