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

Recruitment Genius: Customer Accounts Executive

£14000 - £18000 per annum: Recruitment Genius: This is an opportunity for the ...

Recruitment Genius: Team Administrator / Secretary - South East

£14000 - £17000 per annum: Recruitment Genius: Full time Administrator/Secreta...

Recruitment Genius: Parts Advisor

£16500 - £18500 per annum: Recruitment Genius: One of the leading Mercedes-Ben...

Recruitment Genius: Software Developer

£27500 - £35000 per annum: Recruitment Genius: This is an exciting opportunity...

The Business Matrix: Friday 14 December 2012

US retail sales up 0.3% after storm

Americans shook off Superstorm Sandy and stepped up their shopping last month, helped by a steady jobs market and lower petrol prices. Retail sales rose 0.3 per cent between October and November, as people spent more online, bought more electronics and began to replace cars and rebuild after the storm, official figures showed.

Pennant-Rea leaves Henderson

Rupert Pennant-Rea is stepping down as chairman of the fund manager Henderson, which is shifting its tax base back to the UK. The City grandee, who will become chairman of the mutual insurer Royal London, holds an array of directorships with companies including the transport group Go-Ahead. He is a former editor of The Economist.

CBI predicts flat start to 2013

Britain's manufacturers are braced for a flat start to 2013, the CBI has warned. It said firms reported a slight rebound in export orders, but remain hesitant amid a dismal global outlook. The CBI's head of economic analysis, Anna Leach, said: "Conditions in the sector are likely to remain fragile until global conditions improve."

Saatchi & Saatchi take Outside Line

The co-founders of digital and social-media agency Outside Line cashed in yesterday by selling to the advertising giant Saatchi & Saatchi for an estimated £8m. Ant Cauchi and Lloyd Salmons own a majority of Outside Line, which had revenues of £3.7m last year. Clients include British Gas, Lurpak and Virgin Galactic.

Record revenue at accountant KPMG

KPMG unveiled record revenues of $23bn (£14.3bn) yesterday. However, it said growth slowed in the second half of the year to 2.1 per cent, against 6.4 per cent for the first six months. Regulators are investigating whether reform is necessary to loosen the "big four" accountants' grip on the auditing market.

Nottingham and Shepshed link up

The Nottingham and Shepshed building societies are to merge in July. The Shepshed will add three branches to the 31 held by the Nottingham and will take the larger society's name. These three branches are stay open for at least three years and there are no compulsory job losses planned owing to the merger.

BAE wins US Navy aircraft contract

The US unit of BAE Systems has won a contract valued at up to $400m over the next five years to maintain and service more than 300 US Navy trainer aircraft. The contract covers inspections, repairs and logistical support for the T-34, T-44 and T-6 trainer aircraft.

UBS in line for $1bn Libor fine

Regulators are set to ramp up action against banks accused of manipulating the benchmark Libor interest rate by slapping an expected $1bn fine on UBS. The Swiss bank is likely to be hit with what would be the biggest penalty in the international probe as early as next week.

Ryanair suffers legal setback

The Court of Appeal has rejected an attempt by Ryanair to block regulators investigating the budget carrier's minority shareholding in Aer Lingus. Ireland's Ryanair argued that it was not within the UK Competition Commission's jurisdiction.

Topshop will trade in China

Topshop, part of the Arcadia conglomerate owned by Sir Philip Green, will open its first store in China in May next year. The high-street retailer will open in Hong Kong in partnership with the department store chain Lane Crawford.

Latest stories from i100
Career Services

Day In a Page

Fifa corruption: The 161-page dossier that exposes the organisation's dark heart

The 161-page dossier that exposes Fifa's dark heart

How did a group of corrupt officials turn football’s governing body into what was, in essence, a criminal enterprise? Chris Green and David Connett reveal all
Mediterranean migrant crisis: 'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves,' says Tripoli PM

Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison
Marc Jacobs is putting Cher in the limelight as the face of his latest campaign

Cher is the new face of Marc Jacobs

Alexander Fury explains why designers are turning to august stars to front their lines
Parents of six-year-old who beat leukaemia plan to climb Ben Nevis for cancer charity

'I'm climbing Ben Nevis for my daughter'

Karen Attwood's young daughter Yasmin beat cancer. Now her family is about to take on a new challenge - scaling Ben Nevis to help other children
10 best wedding gift ideas

It's that time of year again... 10 best wedding gift ideas

Forget that fancy toaster, we've gone off-list to find memorable gifts that will last a lifetime
Paul Scholes column: With the Premier League over for another year, here are my end of season awards

Paul Scholes column

With the Premier League over for another year, here are my end of season awards
Heysel disaster 30th anniversary: Liverpool have seen too much tragedy to forget fateful day in Belgium

Liverpool have seen too much tragedy to forget Heysel

Thirty years ago, 39 fans waiting to watch a European Cup final died as a result of a fatal cocktail of circumstances. Ian Herbert looks at how a club dealt with this tragedy
Amir Khan vs Chris Algieri: Khan’s audition for Floyd Mayweather may turn into a no-win situation, says Frank Warren

Khan’s audition for Mayweather may turn into a no-win situation

The Bolton fighter could be damned if he dazzles and damned if he doesn’t against Algieri, the man last seen being decked six times by Pacquiao, says Frank Warren
Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor