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

Recruitment Genius: Account Manager

£20000 - £35000 per annum: Recruitment Genius: This full service social media ...

Recruitment Genius: Data Analyst - Online Marketing

£24000 - £35000 per annum: Recruitment Genius: We are 'Changemakers in retail'...

Austen Lloyd: Senior Residential Conveyancer

Very Competitive: Austen Lloyd: Senior Conveyancer - South West We are see...

Austen Lloyd: Residential / Commercial Property Solicitor

Excellent Salary: Austen Lloyd: DORSET MARKET TOWN - SENIOR PROPERTY SOLICITOR...

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.

Latest stories from i100
Career Services

Day In a Page

Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there