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

Recruitment Genius: Sales Administrator - Spanish Speaking

£17000 - £21000 per annum: Recruitment Genius: This is a fantastic opportunity...

Recruitment Genius: Sales Administrator - German Speaking

£17000 - £23000 per annum: Recruitment Genius: This is a fantastic opportunity...

Recruitment Genius: Sales Administrator - Japanese Speaking

£17000 - £23000 per annum: Recruitment Genius: If you are fluent in Japanese a...

Recruitment Genius: Graphic Designer - Immediate Start

£16000 - £25000 per annum: Recruitment Genius: This is a fantastic opportunity...

The Business Matrix: Friday 22 February 2013

Ladbrokes profits rise 8% to £206m

Ladbrokes has increased operating profits by 8 per cent to £206m. When high-roller punters, who had a particularly bad year, are included, profits were up 26 per cent to £236m. Revenues rose 7.4 per cent to £1.05bn. Ladbrokes also plans 100 more shops this year and will put Sky Sports screens into all 2,200 of its shops.

Yorkshire BS deposits surge

Yorkshire Building Society, which has benefited from the unpopularity of the banks, saw 324,000 new savings accounts opened in 2012. Pre-tax profits at the lender rose by 21 per cent to £157m last year while its core tier capital ratio, a key measure of balance sheet strength, rose from 12.6 per cent to 13.6 per cent.

Kingfisher catches cold

Kingfisher's DIY chain B&Q has followed rival Wickes in reporting a slump in UK sales after January's heavy snowfall. Europe's largest home improvement retailer performed strongly in Russia and China, but a 6.4 per cent slump in UK and Ireland sales in the fourth quarter, to the end of January, capped a year to forget.

Mercedes fined £2.6m over prices

Mercedes-Benz and three of its commercial vehicle dealers have been fined £2.6m by the competition regulator. The Office of Fair Trading reported that it had spotted three breaches of competition law by the German company, including price co-ordination and the exchange of commercially sensitive information.

Setback for the eurozone

A surprise setback for Europe's manufacturing and services firms in February damped hopes of the eurozone pulling out of recession. Financial data firm Markit's snapshot of private sector activity showed a decline over the month despite a thir d successive month of growth for Germany.

Lancashire gives back cash

Lancashire Holdings said yesterday that it woulds said it will hand back $170m (£111m) to investors because flat insurance prices were limiting opportunities for profitable underwriting. The company will pay a special dividend after pre-tax profits rose 8 per cent to $236.8m in 2012.

Informa gets life from academia

Business media group Informa said that its underlying pre-tax profits rose 7 per cent to £317.4 m as its academic book publishing arm offset tough trading in its events division. Revenue from its academic information business rose 5 per cent to £340.3m.

Ferrovial snaps up Enterprise

Spain's Ferrovial, which acquired infrastructure firm Amey in 2003, is to buy Enterprise – one of the UK's biggest providers of services to the public sector – in a £385m deal with 3i. Enterprise will be integrated into Amey once approval is granted from Europe

Rolls-Royce waterjets arrive

Rolls-Royce has delivered its new Axial Mk1 waterjets for the latest Littoral Combat Ship class under construction for the US Navy. At 22MW of power, a single waterjet can move almost half a million gallons of seawater in a minute.

Filtrona ties up with Bommidala

Plastics supplier Filtrona has formed a tie-up with tobacco products firm BBM Bommidala Group in the United Arab Emirates to manufacture filters. Milton Keynes-based Filtrona will be the majority shareholder in the joint venture.

Latest stories from i100
Career Services

Day In a Page

The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate
Greece debt crisis: What happened to democracy when it’s a case of 'Vote Yes or else'?

'The economic collapse has happened. What is at risk now is democracy...'

If it doesn’t work in Europe, how is it supposed to work in India or the Middle East, asks Robert Fisk
The science of swearing: What lies behind the use of four-letter words?

The science of swearing

What lies behind the use of four-letter words?
The Real Stories of Migrant Britain: Clive fled from Zimbabwe - now it won't have him back

The Real Stories of Migrant Britain

Clive fled from Zimbabwe - now it won’t have him back
Africa on the menu: Three foodie friends want to popularise dishes from the continent

Africa on the menu

Three foodie friends want to popularise dishes from the hot new continent
Donna Karan is stepping down after 30 years - so who will fill the DKNY creator's boots?

Who will fill Donna Karan's boots?

The designer is stepping down as Chief Designer of DKNY after 30 years. Alexander Fury looks back at the career of 'America's Chanel'