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

Recruitment Genius: Photographer / Floorplanner / Domestic Energy Assessor

£16000 - £25000 per annum: Recruitment Genius: A Photographer/ Floor planner /...

Ashdown Group: Front-End Developer - Surrey - £40,000

£30000 - £40000 per annum: Ashdown Group: Front-End Developer - Guildford/Craw...

Recruitment Genius: Customer Service Assistant

£13500 - £15000 per annum: Recruitment Genius: A Customer Service Assistant is...

Recruitment Genius: Sales Executive - OTE £35,000

£16000 - £35000 per annum: Recruitment Genius: An ambitious and motivated Sale...

The Business Matrix: Friday 4 October 2013

Moonpig hit by VAT change

The closure of a tax loophole has hit profits at online birthday and Christmas cards retailer Moonpig. The ending last year of a policy that allowed low-value imports from the Channel Islands to avoid VAT hit profits and revenues at the company, which has a base in Guernsey. Profit for the year to end-April fell to £11.2m from £12m in 2012.

Tinkoff launches London IPO

Oleg Tinkov– a miner by training – has launched the London Stock Exchange flotation of his Russian credit-card business Tinkoff Credit Systems. As well as giving new investors a chance to take a punt on the expected growth of credit in Russia, the float will see Mr Tinkov cash in tens of millions of dollars worth of his stake.

Google backers bet on Skyscanner

The American venture capital company which first backed Apple has taken a stake in the flight and hotel search engine Skyscanner, valuing the British business at $800m. Edinburgh-based Skyscanner did not disclose the size of the investment from Sequoia Capital, which has in the past backed Google, YouTube and PayPal.

Aviva completes $800m US sale

Aviva has completed the sale of its troublesome US business for $800m (£492m) more than expected. The insurer said it offloaded the unit to Athene Holding, a company owned by private equity firm Apollo, for $2.6bn. The deal was higher than the $1.8bn originally agreed between the two parties last year.

Citigroup fined over Apple leak

Citigroup will pay a $30m fine after one of its analysts sent unpublished confidential research on an Apple supplier to big clients, the US Security and Exchange Commission has said. The research revealed low order forecasts for Apple's iPhone. The analyst responsible, Kevin Chang, was dismissed.

EDF closes in on nuclear plant deal

Energy firm EDF is said to be close to an agreement with the UK Government, over prices, which should allow the building of two new nuclear power stations, crucial to the UK hitting it's clean energy targets. The negotiations have been dragging on for a year but sources say resolution is in sight.

Winston hedge fund back on form

Winton Capital Management, the $24.5bn hedge fund founded by David Harding, said profits plunged 64 per cent last year off the back of a slide in the value of its futures investment fund. However, the fund has bounced this year and has returned 14 per cent annually since launch.

Kids swap mobiles for tablet devices

Fewer children now own mobile phones according to industry regulator Ofgem. 43 per cent of youngsters aged five to 15 now own a mobile, compared to 49 per cent in 2012. But kids aren't turning away from technology as many now own tablets instead, Ofgem said.

Vodafone CFO steps down

Vodafone chief financial Officer Andy Halford, a key architect of its controversial tax structure, today quit after nine years in the role. The firm will promote Nick Read, chief executive of its Africa, Middle East and Asia-Pacific operation, to replace Halford.

FirstGroup keeps Western line

FirstGroup has been granted a two-year extension to run the line from Paddington to the Cotswolds and Wales under its First Great Western brand. The firm added trading meeting forecasts, revenues up 5.7 per cent in six months to October.

Latest stories from i100
Career Services

Day In a Page

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

Not even the 'putrid throat' could stop the Ross Poldark swoon-fest'

How a costume drama became a Sunday night staple
Miliband promises no stamp duty for first-time buyers as he pushes Tories on housing

Miliband promises no stamp duty for first-time buyers

Labour leader pushes Tories on housing
Aviation history is littered with grand failures - from the the Bristol Brabazon to Concorde - but what went wrong with the SuperJumbo?

Aviation history is littered with grand failures

But what went wrong with the SuperJumbo?
Fear of Putin, Islamists and immigration is giving rise to a new generation of Soviet-style 'iron curtains' right across Europe

Fortress Europe?

Fear of Putin, Islamists and immigration is giving rise to a new generation of 'iron curtains'
Never mind what you're wearing, it's what you're reclining on

Never mind what you're wearing

It's what you're reclining on that matters
General Election 2015: Chuka Umunna on the benefits of immigration, humility – and his leader Ed Miliband

Chuka Umunna: A virus of racism runs through Ukip

The shadow business secretary on the benefits of immigration, humility – and his leader Ed Miliband
Yemen crisis: This exotic war will soon become Europe's problem

Yemen's exotic war will soon affect Europe

Terrorism and boatloads of desperate migrants will be the outcome of the Saudi air campaign, says Patrick Cockburn
Marginal Streets project aims to document voters in the run-up to the General Election

Marginal Streets project documents voters

Independent photographers Joseph Fox and Orlando Gili are uploading two portraits of constituents to their website for each day of the campaign
Game of Thrones: Visit the real-life kingdom of Westeros to see where violent history ends and telly tourism begins

The real-life kingdom of Westeros

Is there something a little uncomfortable about Game of Thrones shooting in Northern Ireland?
How to survive a social-media mauling, by the tough women of Twitter

How to survive a Twitter mauling

Mary Beard, Caroline Criado-Perez, Louise Mensch, Bunny La Roche and Courtney Barrasford reveal how to trounce the trolls
Gallipoli centenary: At dawn, the young remember the young who perished in one of the First World War's bloodiest battles

At dawn, the young remember the young

A century ago, soldiers of the Empire – many no more than boys – spilt on to Gallipoli’s beaches. On this 100th Anzac Day, there are personal, poetic tributes to their sacrifice
Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves

Follow the money as never before

Dissent is slowly building against the billions spent on presidential campaigns – even among politicians themselves, reports Rupert Cornwell
Samuel West interview: The actor and director on austerity, unionisation, and not mentioning his famous parents

Samuel West interview

The actor and director on austerity, unionisation, and not mentioning his famous parents
General Election 2015: Imagine if the leading political parties were fashion labels

Imagine if the leading political parties were fashion labels

Fashion editor, Alexander Fury, on what the leaders' appearances tell us about them
Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

Phumzile Mlambo-Ngcuka: Home can be the unsafest place for women

The architect of the HeForShe movement and head of UN Women on the world's failure to combat domestic violence