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

Business Analyst - Banking - London - £550 - £650

£550 - £650 per day: Orgtel: Business Analyst - Traded Credit Risk - Investmen...

Data Insight Manager - Marketing

£32000 - £35000 Per Annum: Clearwater People Solutions Ltd: Our client based o...

Data Centre Engineer - Linux, Redhat, Solaris, SAN, Puppet

£55000 per annum: Harrington Starr: A financial software vendor at the forefro...

.NET Developer

£600 per day: Harrington Starr: .NET Developer C#, WPF,BLL, MSMQ, SQL, GIT, SQ...

The Business Matrix: Friday 26 July 2013

Aston Martin in Daimler tie-up

Aston Martin, the 100-year-old company whose cars are a favourite of James Bond and the Royal Family, is to join forces with Mercedes owner Daimler on its next generation of sports cars. The companies yesterday announced a deal that will see Aston Martin use high-performance engines from Daimler’s Mercedes-AMG division.

Dixons boss’s pay rises to £1.3m

Sebastian James, the chief executive of Dixons Retail, enjoyed a significant rise in his total pay to £1.3m last year after boosting profits at the Currys owner. The bulk of the increase in the payout came from his cash bonus increasing  by £493,000 to £572,000, and from his salary jumping from £114,000 to £600,000.

Irn-Bru profits squash Britvic

AG Barr, the maker of Irn-Bru, saw sales rise 9.8 per cent in the last quarter. Robinson’s squash maker Britvic had growth of only 4 per cent. Wayne Brown at Canaccord Genuity said: “Following Britvic’s decision to abandon merger talks, we would like the company to highlight clearly how it intends to deliver long-term shareholder value.”

New deals offer boost for Capita

New deals with the Cabinet Office, Barnet Council and Carphone Warehouse helped Capita, Britain’s biggest outsourcer, post a 10 per cent rise in first-half pre-tax profit to £205.2m. The FTSE 100-listed firm, which manages airwave radios for the emergency services, won a record £2bn of new contracts in the first half of this year.

Rolls-Royce chief vows to cut costs

The Rolls-Royce chief executive John Rishton vowed to clamp down on the engine-maker’s high costs, even though the group beat profit expectations in its first-half results. Profit was up by 34 per cent to £840m, around £10m ahead of the average forecast. Revenue increased by 27 per cent to £7.3bn.

Ofwat boss warns water companies

The outgoing chief executive at Ofwat has warned the big water companies that it is “now time to deliver” to customers after finalising the regulator’s approach to price negotiations. Regina Finn is to be replaced by Cathryn Ross, but has set up her successor with a tough bargaining position.

CEO to step down at Travis Perkins

Geoff Cooper, chief executive of builders’ merchant Travis Perkins, is retiring next year on his 60th birthday. Mr Cooper will be replaced by his deputy John Carter from January. The firm today reported a £5m rise in first-half profits to £136m on sales up 2 per cent at £1.5 bn.

Alliance predicts more volatility

Uncertainty over money printing in the US and the policies of the new Bank of England governor, Mark Carney, will lead to more market volatility, Alliance Trust warned. The Dundee-based investment group said net asset values were up 15.2 per cent to 495.6p a share.

Dambuster boost for Hornby

The toy-maker Hornby said the 70th anniversary of the Dambusters bombing raid boosted sales of Airfix model planes. The Margate-based group said sales of Corgi and Airfix models were also helped by other notable wartime anniversaries.

SSE on track for dividend increase

The energy company SSE, which trades as Southern Electric, Scottish Hydro and Swalec, said it was on track to deliver a full-year dividend increase for 2013-14 that is greater than RPI inflation. It reported 9.47 million customers at the end of June.

Career Services

Day In a Page

All this talk of an ‘apocalyptic’ threat is simply childish

Robert Fisk: All this talk of an ‘apocalyptic’ threat is simply childish

Chuck Hagel and Martin Dempsey were pure Hollywood. They only needed Tom Cruise
Mafia Dons: is the Camorra in control of the Granite City?

Mafia Dons: is the Camorra in control of the Granite City?

So claims an EU report which points to the Italian Mob’s alleged grip on everything from public works to property
Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Emmys look set to overhaul the Oscars as Hollywood’s prize draw

Once the poor relation, the awards show now has the top stars and boasts the best drama
French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

French connection: After 1,300 years, there’s a bridge to Mont Saint-Michel

The ugly causeway is being dismantled, an elegant connection erected in its place. So everyone’s happy, right?
Radio 1 to hire 'YouTube-famous' vloggers to broadcast online

Radio 1’s new top ten

The ‘vloggers’ signed up to find twentysomething audience
David Abraham: Big ideas for the small screen

David Abraham: Big ideas for the small screen

A blistering attack on US influence on British television has lifted the savvy head of Channel 4 out of the shadows
Air strikes? Talk of God? Obama is following the jihadists’ script

Air strikes? Talk of God? Obama is following the jihadists’ script

The President came the nearest he has come yet to rivalling George W Bush’s gormless reaction to 9/11 , says Robert Fisk
Ebola outbreak: Billy Graham’s son declares righteous war on the virus

Billy Graham’s son declares righteous war on Ebola

A Christian charity’s efforts to save missionaries trapped in Africa by the crisis have been justifiably praised. But doubts remain about its evangelical motives
Jeremy Clarkson 'does not see a problem' with his racist language on Top Gear, says BBC

Not even Jeremy Clarkson is bigger than the BBC, says TV boss

Corporation’s head of television confirms ‘Top Gear’ host was warned about racist language
Nick Clegg the movie: Channel 4 to air Coalition drama showing Lib Dem leader's rise

Nick Clegg the movie

Channel 4 to air Coalition drama showing Lib Dem leader's rise
Philip Larkin: Misogynist, racist, miserable? Or caring, playful man who lived for others?

Philip Larkin: What will survive of him?

Larkin's reputation has taken a knocking. But a new book by James Booth argues that the poet was affectionate, witty, entertaining and kind, as hitherto unseen letters, sketches and 'selfies' reveal
Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?

Waxing lyrical

Madame Tussauds has shown off its Beyoncé waxwork in Regent's Park - but why is the tourist attraction still pulling in the crowds?
Texas forensic astronomer finally pinpoints the exact birth of impressionism

Revealed (to the minute)

The precise time when impressionism was born
From slow-roasted to sugar-cured: how to make the most of the British tomato season

Make the most of British tomatoes

The British crop is at its tastiest and most abundant. Sudi Pigott shares her favourite recipes
10 best men's skincare products

Face it: 10 best men's skincare products

Oscar Quine cleanses, tones and moisturises to find skin-savers blokes will be proud to display on the bathroom shelf