Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

Recruitment Genius: Clinical Lead / RGN

£40000 - £42000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: IT Sales Consultant

£35000 - £40000 per annum: Recruitment Genius: This IT support company has a n...

Recruitment Genius: Works Engineer

Negotiable: Recruitment Genius: A works engineer is required in a progressive ...

Recruitment Genius: Trainee Hire Manager - Tool Hire

£21000 - £25000 per annum: Recruitment Genius: Our client is seeking someone w...

The Business Matrix: Friday 12 October 2012

Rangers FC plans to raise £20m

Rangers FC, which was banished from the Scottish Premier League after plunging into administration, is looking to raise £20m by selling shares on the London's junior AIM market. The money will be used to buy better players and provide "working capital", the club, bought by Charles Green for £5.5m, said yesterday.

Heathrow breaks passenger record

The BAA chief executive Colin Matthews pressed the case for Heathrow expansion again yesterday, as passenger numbers at Europe's busiest airport hit a new September record of 6.3 million. There were 14 per cent more passengers from Brazil than a year ago, and 5.9 per cent more Chinese. The only fall was Indian visitors (7 per cent).

South Korea cuts interest rates

South Korea's central bank has cut interest rates for the second time in four months as it tries to ease Asia's fourth-largest economy through a global slowdown. Bank of Korea governor Kim Choong-soo said: "The rate cut will result in more good than bad." The bank cut its base rate 25 basis points to 2.75 per cent.

Air Partners see profits dive

The private plane provider Air Partner's profits and revenues tumbled last year. Profits dropped 44 per cent to £3.2m while revenues fell 19 per cent to £228m. But private jet revenues actually rose by 8 per cent. The major downturn was in commercial jet and freight orders.

Deals done for mobile banking

The mobile banking firm Monitise said there was "continued momentum" in its business after deals with Bank of China (Hong Kong) and IT firm Cognizant. More than 17 million customers now have access to services delivered by its technology.

Web pawnbroker Borro finds funds

The boom in short-term lending firms shows no sign of abating as the "online pawnbroker" Borro won £16m in new funding. US-based Canaan Partners and Ribbit Capital are leading the investment in Borro, which lends against items such as jewellery, watches and cars. Its annual percentage rate for sums under £19,999 is 68.8 per cent.

Ashmore boosts assets by 6.8%

Strong inflows from Middle East and Asian sovereign wealth funds helped emerging markets fund manager Ashmore boost its assets by 6.8 per cent in the last three months. On the performance side currencies and blended debt were particularly strong helping raise the value of assets by $3.7bn.

China raises heat over US tariffs

China has called on the US to repeal steep tariffs on solar panels as trade tensions between the two nations heated up. The US Commerce Department is imposing taxes of up to 250 per cent on Chinese solar panel products to counter what it argues are improper subsidies by Beijing to the industry.

Abramovich supports AFC

Roman Abramovich has taken a 15 per cent stake in hydrogen fuel-cell technology firm AFC Energy. The purchase of £8.7m of new shares by the Russian billionaire will enable AFC to focus on developing its technology for industrial and utility-scale use.

You're hired, apprentices told

Qinetiq is extending its apprenticeship scheme with the recruitment of a further 75 trainees over the next year. This adds to the 109 in place on the defence technology group's four-year programme at MoD Boscombe Down, Wiltshire.

Latest stories from i100
Career Services

Day In a Page

Isis profits from destruction of antiquities by selling relics to dealers - and then blowing up the buildings they come from to conceal the evidence of looting

How Isis profits from destruction of antiquities

Robert Fisk on the terrorist group's manipulation of the market to increase the price of artefacts
Labour leadership: Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea

'If we lose touch we’ll end up with two decades of the Tories'

In an exclusive interview, Andy Burnham urges Jeremy Corbyn voters to think again in last-minute plea
Tunisia fears its Arab Spring could be reversed as the new regime becomes as intolerant of dissent as its predecessor

The Arab Spring reversed

Tunisian protesters fear that a new law will whitewash corrupt businessmen and officials, but they are finding that the new regime is becoming as intolerant of dissent as its predecessor
King Arthur: Legendary figure was real and lived most of his life in Strathclyde, academic claims

Academic claims King Arthur was real - and reveals where he lived

Dr Andrew Breeze says the legendary figure did exist – but was a general, not a king
Who is Oliver Bonas and how has he captured middle-class hearts?

Who is Oliver Bonas?

It's the first high-street store to pay its staff the living wage, and it saw out the recession in style
Earth has 'lost more than half its trees' since humans first started cutting them down

Axe-wielding Man fells half the world’s trees – leaving us just 422 each

However, the number of trees may be eight times higher than previously thought
60 years of Scalextric: Model cars are now stuffed with as much tech as real ones

60 years of Scalextric

Model cars are now stuffed with as much tech as real ones
Theme parks continue to draw in thrill-seekers despite the risks - so why are we so addicted?

Why are we addicted to theme parks?

Now that Banksy has unveiled his own dystopian version, Christopher Beanland considers the ups and downs of our endless quest for amusement
Tourism in Iran: The country will soon be opening up again after years of isolation

Iran is opening up again to tourists

After years of isolation, Iran is reopening its embassies abroad. Soon, there'll be the chance for the adventurous to holiday there
10 best PS4 games

10 best PS4 games

Can’t wait for the new round of blockbusters due out this autumn? We played through last year’s offering
Transfer window: Ten things we learnt

Ten things we learnt from the transfer window

Record-breaking spending shows FFP restraint no longer applies
Migrant crisis: UN official Philippe Douste-Blazy reveals the harrowing sights he encountered among refugees arriving on Lampedusa

‘Can we really just turn away?’

Dead bodies, men drowning, women miscarrying – a senior UN figure on the horrors he has witnessed among migrants arriving on Lampedusa, and urges politicians not to underestimate our caring nature
Nine of Syria and Iraq's 10 world heritage sites are in danger as Isis ravages centuries of history

Nine of Syria and Iraq's 10 world heritage sites are in danger...

... and not just because of Isis vandalism
Girl on a Plane: An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack

Girl on a Plane

An exclusive extract of the novelisation inspired by the 1970 Palestinian fighters hijack
Why Frederick Forsyth's spying days could spell disaster for today's journalists

Why Frederick Forsyth's spying days could spell disaster for today's journalists

The author of 'The Day of the Jackal' has revealed he spied for MI6 while a foreign correspondent