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

CCNP Network Engineer - Farnborough, £250 pd

£250 per day: Orgtel: Network Engineer (CCNP), Cisco Gold Partner, Farnborough...

Technical Consultant Configuration, SQL, SQL Server

£55000 - £65000 per annum + BONUS + BENEFITS: Harrington Starr: Technical Cons...

Lead Business Analyst - Banking - London - £585

£525 - £585 per day: Orgtel: Lead Business Analyst - Investment Banking - Lond...

Commercial IT Solicitor - London

Very Competitive Salary: Austen Lloyd: Commercial IT Solicitor - London We h...

The Business Matrix: Friday 21 February 2014

Go-Ahead profits rise by 31 per cent

Go-Ahead, the biggest operator of London buses and the Southeastern, Southern and London Midland rail franchises, saw profits jump 31 per cent in the past six months. Pre-tax profits rose to £40.3m. It has bid to run Thameslink and Crossrail, but warned rail will lose money due to an extension on its Southeastern franchise.

Software company hits £76m jackpot

The Israeli billionaire Teddy Sagi has racked up £76m in dividends as Playtech, the gambling software company he founded, announced plans for a £100m special payout after a bumper year. Playtech is paying out £155m in total, including the special, final and interim dividends. Its software clients include Betfair and Ladbrokes.

Tchenguizs lose accounts appeal

Accountant Grant Thornton will be forced to hand over five reports into dealings between the brothers Robert and Vincent Tchenguiz and the collapsed Icelandic bank Kaupthing after losing a court appeal. The reports formed the basis for Serious Fraud Office raids in 2011 on the brothers, who are suing the SFO.

Panama Canal work restarted

Work on the Panama Canal – to allow larger ships to pass between the Atlantic and Pacific – restarted yesterday after a partial deal between the canal authorities and a Spanish-led consortium after work stopped over $1.6bn cost overruns. Analysts warned that prolonged delays could hit a number of US liquefied natural gas exporters.

Harvey Nash post 7% profit increase

The executive recruiter Harvey Nash said annual results were in line with expectations, with revenues 17 per cent higher and gross profit up 7 per cent.Fourth-quarter profits in the UK and Ireland were 10 per cent higher than a year ago, while Hong Kong drove a 58 per cent rise in profits in Asia.

Interest rates to rise 'next spring'

Interest rates are likely to rise from their historic low of 0.5 per cent in the spring of next year, according to Martin Weale, a member of the Bank of England's rate-setting Monetary Policy Committee. Mr Weale told Sky News "the first rise will come, perhaps, in the spring of next year".

You Snooze and they don't lose…

Snoozebox Holdings, which provides portable hotel accommodation, said revenues for 2013 were around 80 per cent higher year-on-year at £6.5m. Sales for events this year are also up, with the company due to operate a hotel for the host broadcaster at golf's Ryder Cup.

EE beats targets after mergers

Mobile phone giant EE posted a 10.1 per cent rise in underlying earnings to £1.6bn in 2013 and said it had beaten targets to reduce costs as a result of merging Orange and T-Mobile, with savings of £457m. The group said it added 194,000 customers in the fourth quarter.

Drinks' cans firm sees flat returns

Drinks' cans group Rexam reported weaker than expected sales for 2013, up 1 per cent to £3.9bn. The group posted a 4 per cent rise in underlying pre-tax profits to £372m, but said adjusted earnings remained flat at £449m.

Petrofac secures £720m BP contract

Petrofac, the global oil and gas services provider, has been awarded a £720m contract with BP for the Khazzan gas project in Oman. The work will include engineering, procurement and construction of the processing facility at the Kazzan field.

Career Services

Day In a Page

Middle East crisis: We know all too much about the cruelty of Isis – but all too little about who they are

We know all too much about the cruelty of Isis – but all too little about who they are

Now Obama has seen the next US reporter to be threatened with beheading, will he blink, asks Robert Fisk
Neanderthals lived alongside humans for centuries, latest study shows

Final resting place of our Neanderthal neighbours revealed

Bones dated to 40,000 years ago show species may have died out in Belgium species co-existed
Scottish independence: The new Scots who hold fate of the UK in their hands

The new Scots who hold fate of the UK in their hands

Scotland’s immigrants are as passionate about the future of their adopted nation as anyone else
Britain's ugliest buildings: Which monstrosities should be nominated for the Dead Prize?

Blight club: Britain's ugliest buildings

Following the architect Cameron Sinclair's introduction of the Dead Prize, an award for ugly buildings, John Rentoul reflects on some of the biggest blots on the UK landscape
eBay's enduring appeal: Online auction site is still the UK's most popular e-commerce retailer

eBay's enduring appeal

The online auction site is still the UK's most popular e-commerce site
Culture Minister Ed Vaizey: ‘lack of ethnic minority and black faces on TV is weird’

'Lack of ethnic minority and black faces on TV is weird'

Culture Minister Ed Vaizey calls for immediate action to address the problem
Artist Olafur Eliasson's latest large-scale works are inspired by the paintings of JMW Turner

Magic circles: Artist Olafur Eliasson

Eliasson's works will go alongside a new exhibition of JMW Turner at Tate Britain. He tells Jay Merrick why the paintings of his hero are ripe for reinvention
Josephine Dickinson: 'A cochlear implant helped me to discover a new world of sound'

Josephine Dickinson: 'How I discovered a new world of sound'

After going deaf as a child, musician and poet Josephine Dickinson made do with a hearing aid for five decades. Then she had a cochlear implant - and everything changed
Greggs Google fail: Was the bakery's response to its logo mishap a stroke of marketing genius?

Greggs gives lesson in crisis management

After a mishap with their logo, high street staple Greggs went viral this week. But, as Simon Usborne discovers, their social media response was anything but half baked
Matthew McConaughey has been singing the praises of bumbags (shame he doesn't know how to wear one)

Matthew McConaughey sings the praises of bumbags

Shame he doesn't know how to wear one. Harriet Walker explains the dos and don'ts of fanny packs
7 best quadcopters and drones

Flying fun: 7 best quadcopters and drones

From state of the art devices with stabilised cameras to mini gadgets that can soar around the home, we take some flying objects for a spin
Joey Barton: ‘I’ve been guilty of getting a bit irate’

Joey Barton: ‘I’ve been guilty of getting a bit irate’

The midfielder returned to the Premier League after two years last weekend. The controversial character had much to discuss after his first game back
Andy Murray: I quit while I’m ahead too often

Andy Murray: I quit while I’m ahead too often

British No 1 knows his consistency as well as his fitness needs working on as he prepares for the US Open after a ‘very, very up and down’ year
Ferguson: In the heartlands of America, a descent into madness

A descent into madness in America's heartlands

David Usborne arrived in Ferguson, Missouri to be greeted by a scene more redolent of Gaza and Afghanistan
BBC’s filming of raid at Sir Cliff’s home ‘may be result of corruption’

BBC faces corruption allegation over its Sir Cliff police raid coverage

Reporter’s relationship with police under scrutiny as DG is summoned by MPs to explain extensive live broadcast of swoop on singer’s home