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

Tradewind Recruitment: PMLD Teacher

Negotiable: Tradewind Recruitment: PMLD Teacher A specialist primary school i...

Recruitment Genius: Online Media Sales Trainee

£15000 - £30000 per annum: Recruitment Genius: Now our rapidly expanding and A...

Recruitment Genius: Public House Manager / Management Couples

£15000 - £20000 per annum: Recruitment Genius: Are you passionate about great ...

Recruitment Genius: Production Planner

£20000 - £30000 per annum: Recruitment Genius: This fast growing reinforcing s...

The Business Matrix: Friday 28 October 2011

More people use Go-Ahead buses

The rising cost of motoring is encouraging commuters across the country to use public transport, according to Go-Ahead. The bus and train operator said it was carrying more fare-paying passengers and bus revenues outside London had risen by 4 per cent. Profits at its rail franchises rose by between 8 and 12 per cent.

Regulatory costs hit Santander UK

Santander UK blamed new rules which force it to hold more cash to protect against future financial crises for a nine per cent fall in profits and warned the impact is likely to be felt until 2013. The UK’s fifth biggest bank said regulatory costs had increased by £253m, as profits in the nine months to September slipped to £1.65bn.

Bloomsbury looks for Christmas hits

Bloomsbury, with first-half profits boosted by a 564 per cent rise in ebook sales, is betting new cook books by Hugh Fearnley-Whittingstall and Heston Blumenthal will be Christmas hits. The publisher said much of the growth in the first half had come from people switching to ebooks, with profits up 52 per cent to £2m.

Profits double at AstraZeneca

AstraZeneca, the UK’s second-biggest drug maker, said third-quarter net profit more than doubled to $3.48bn (£2.2bn) from $1.55bn a year earlier. The $1.8bn sale of its dental-implant and surgical equipment maker Astra Tech to Dentsply International boosted the third-quarter performance, AstraZeneca said.

Profits down 22% at William Hill

William Hill has seen a sharp fall in profits in the third quarter compared with the same period of 2010, but said it remains on track to hit full-year expectations. The book maker said its third-quarter profits were down 22 per cent, leaving the group’s profits 3 per cent lower over the year to date.

TPG aims for more Republic stores

The private equity firm behind Republic is poised to inject fresh funds into the fashion retailer, following the appointment of a restructuring team from Ernst &Young. TPG, which acquired the branded clothing chain in a deal worth £300m in April last year, is putting more capital into Republic to invest in areas such as new stores and online.

Ivell holds the fort at M&B

Mitchells & Butlers interim chief executive, Jeremy Blood, is to leave the pub and restaurants group, the ninth change of chief executive or chairman at the group in four years. The interim chairman, Bob Ivell, will run the company until a chief executive is in place, when he will step back to a non-executive role.

Future loses CEO and finance chief

Future’s chief executive and finance chief resigned with immediate effect yesterday, months after the magazine publisher warned on its profits. The publisher of Classic Rock named Mark Wood as the chief executive and Graham Harding as finance director, to replace Stevie Spring and John Bowman.

US growth climbs to 2.5 per cent

The world’s largest economy expanded strongly in the third quarter, as businesses invested and consumers hit the shops after a long period of caution. US GDP in the three months to the end of September accelerated to an annualised rate of 2.5 per cent, after 0.4 and 1.3 per cent in the first and second quarters.

France cuts its growth forecast

France is reducing its economic growth outlook for 2012 to 1 per cent, from 1.75 per cent previously, and will soon outline further budget savings worth up to €8bn, President Nicolas Sarkozy said yesterday. “Naturally we’ll have to revise the budget,” he added. “It’s between €6-€8bn that we have to find.”

Latest stories from i100
Career Services

Day In a Page

As in 1942, Germany must show restraint over Greece

As in 1942, Germany must show restraint over Greece

Mussolini tried to warn his ally of the danger of bringing the country to its knees. So should we, says Patrick Cockburn
Britain's widening poverty gap should be causing outrage at the start of the election campaign

The short stroll that should be our walk of shame

Courting the global elite has failed to benefit Britain, as the vast disparity in wealth on display in the capital shows
Homeless Veterans appeal: The rise of the working poor: when having a job cannot prevent poverty

Homeless Veterans appeal

The rise of the working poor: when having a job cannot prevent poverty
Prince Charles the saviour of the nation? A new book highlights concerns about how political he will be when he eventually becomes king

Prince Charles the saviour of the nation?

A new book highlights concerns about how political he will be when he eventually becomes king
How books can defeat Isis: Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad

How books can defeat Isis

Patrick Cockburn was able to update his agenda-setting 'The Rise of Islamic State' while under attack in Baghdad
Judith Hackitt: The myths of elf 'n' safety

Judith Hackitt: The myths of elf 'n' safety

She may be in charge of minimising our risks of injury, but the chair of the Health and Safety Executive still wants children to be able to hurt themselves
The open loathing between Barack Obama and Benjamin Netanyahu just got worse

The open loathing between Obama and Netanyahu just got worse

The Israeli PM's relationship with the Obama has always been chilly, but going over the President's head on Iran will do him no favours, says Rupert Cornwell
French chefs get 'le huff' as nation slips down global cuisine rankings

French chefs get 'le huff' as nation slips down global cuisine rankings

Fury at British best restaurants survey sees French magazine produce a rival list
Star choreographer Matthew Bourne gives young carers a chance to perform at Sadler's Wells

Young carers to make dance debut

What happened when superstar choreographer Matthew Bourne encouraged 27 teenage carers to think about themselves for once?
Design Council's 70th anniversary: Four of the most intriguing prototypes from Ones to Watch

Design Council's 70th anniversary

Four of the most intriguing prototypes from Ones to Watch
Dame Harriet Walter: The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment

Dame Harriet Walter interview

The actress on learning what it is to age, plastic surgery, and her unease at being honoured by the establishment
Art should not be a slave to the ideas driving it

Art should not be a slave to the ideas driving it

Critics of Tom Stoppard's new play seem to agree that cerebral can never trump character, says DJ Taylor
Bill Granger recipes: Our chef's winter salads will make you feel energised through February

Bill Granger's winter salads

Salads aren't just a bit on the side, says our chef - their crunch, colour and natural goodness are perfect for a midwinter pick-me-up
England vs Wales: Cool head George Ford ready to put out dragon fire

George Ford: Cool head ready to put out dragon fire

No 10’s calmness under pressure will be key for England in Cardiff
Michael Calvin: Time for Old Firm to put aside bigotry and forge new links

Michael Calvin's Last Word

Time for Old Firm to put aside bigotry and forge new links