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

IT Project Manager

Competitive: Clearwater People Solutions Ltd: Our client based in Chelmsford a...

Business Intelligence Specialist - work from home

£40000 per annum: Ashdown Group: An established and growing IT Consultancy fir...

Business Intelligence Specialist - work from home

£40000 per annum: Ashdown Group: An established and growing IT Consultancy fir...

IT Manager

£40000 - £45000 per annum + pension, healthcare,25 days: Ashdown Group: An est...

The Business Matrix: Friday 17 May 2013

Demand for gold hits three-year low

Demand for gold tumbled to a three-year low during the first quarter as hopes of a recovery in the global economy outweighed a surge in buying from China and India. Global demand fell to 963 metric tons in the quarter, according to the World Gold Council, down from 1,107.5 tons a year earlier. Prices had risen significantly over the past few years.

Pru investors attack pay report

Prudential was hit by a minor revolt at its annual meeting yesterday as investors criticised the company's decision to pay £30m to directors last year. Almost 12 per cent of the Pru's shareholders opposed the group's remuneration report – nearly as many as the number of shareholders who rebelled against pay at Aviva's AGM this month.

TalkTalk boosts internet TV sales

TalkTalk showed yesterday that Britons are embracing internet-connected TV in their droves. The telecoms provider revealed that it is signing up 12,000 customers a week, a rate that looks more than a match for rival BT. Chief executive Dido Harding said the company had sold 150,000 YouView set-top boxes in its first quarter.

'Lower prices' help drive Asda sales

Asda said it had "lowered prices" on everyday groceries in its stores and online to drive improved sales. The grocer increased underlying sales by 1.3 per cent over the 14 weeks to 12 April, compared with 0.1 per cent in the previous three months. Revenue from online grocery at the UK's second-biggest supermarket rose 16 per cent.

Dixons profits set to sail near £85m

Dixons chief executive Sebastian James says he has "wind in his sails" as the recovery at the electrical retailer continues and the City is beginning to believe the story. Yesterday the company that also owns PC World said profit for the year would be at the top end of City forecasts of between £75m and £85m.

CPP's cost-cutting to include top jobs

The chief executive and finance director of troubled credit card insurer CPP have decided that cost-cutting across the company will have to include their own jobs. Hundreds of CPP's 1,200-strong UK workforce are likely to lose their jobs after the company was hit by more than £50m of claims for mis-selling.

3i boss baffled by Bramson's shares

The chief executive of the private equity group 3i has admitted he has no idea why the activist investor Ed Bramson keeps buying his company's shares. Mr Bramson's Sherborne Investors has built a 4.9 per cent stake in 3i, but has so far remained silent about its intentions.

Eurostar's driving seat goes to female

Eurostar appointed its first female chairman yesterday. Clare Hollingsworth is expected to take over from Richard Brown in June. Ms Hollingsworth was chief executive of the private hospital group Spire Healthcare, and was managing director of Caledonian Airways.

Investors balk at Trinity Mirror deal

Trinity Mirror's decision to cut the basic salary of its new chief executive, Simon Fox, by a third and introduce a more stretching bonus scheme failed to satisfy some shareholders. Nearly 9 per cent voted against the remuneration report.

Aviva hails rise in new business

Aviva has taken tentative steps towards a recovery by posting a steady set of first-quarter numbers. The troubled insurer said new business sales had risen by 18 per cent to £191m thanks to increased demand for products in UK and Europe.

Latest stories from i100
Career Services

Day In a Page

Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Let's talk about loss

We need to talk about loss

Secrecy and silence surround stillbirth
Will there be an all-female mission to Mars?

Will there be an all-female mission to Mars?

Women may be better suited to space travel than men are
Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album