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

Recruitment Genius: Personal Tax Senior

£28000 - £37000 per annum: Recruitment Genius: This is an opportunity to join ...

Recruitment Genius: Customer and Markets Development Executive

£22000 - £29000 per annum: Recruitment Genius: This company's mission is to ma...

Recruitment Genius: Guest Services Assistant

£13832 per annum: Recruitment Genius: This 5 star leisure destination on the w...

Recruitment Genius: Sales Account Manager

£20000 - £32000 per annum: Recruitment Genius: A Sales Account Manager is requ...

The Business Matrix: Friday 8 February 2013

Battery rethink for Dreamliner

Regulators need to rethink how they approved the Boeing 787 batteries that caught fire, forcing the grounding of the entire fleet, a US safety official said. This could add more time to attempts to solve the problem. The comments came as a 787 "ferry flight" left Texas for Washington to see if any more battery problems cropped up.

Punch tries to cut £2.1bn debt pile

The embattled pubs company Punch Taverns has launched a plan to cut its £2.1bn debt pile. At present, the debt structure is split into two vehicles, Punch A and Punch B. It said it will cancel certain tranches of Punch B debt and would amend covenants in Punch A. This would cut Punch B's debt by £229m and save Punch £463m over five years.

Key brands help Dairy Crest sales

Dairy Crest said its key brands Cathedral City, Country Life, Clover and Frijj grew sales volumes by 4 per cent over the nine months to 31 December, slower than the half-year due to tougher comparatives. Its dairies business has faced difficult conditions but it has continued with initiatives designed to restore profitability.

Vodafone warns of Europe struggle

Vodafone said market conditions remained very difficult in Europe, with service revenues in the UK down by 5.2 per cent in the last quarter of 2012 due to "intense competition" and poor confidence. However, with emerging markets continuing to do well, it still expects operating profits for the year to March to be above £11bn.

Windfall for Whitbread staff

Just under 900 staff working for Whitbread – owner of Premier Inn, Costa, Beefeater and Brewers Fayre – have collectively made more than £2.8m from the annual Sharesave scheme. They doubled their original investment with the five-year option while those on the three-year scheme made about 64 per cent.

Own-label boosts profits at McBride

McBride, which supplies own-label products such as toothpaste and detergents to the UK's top supermarkets, posted a 13 per cent rise in half yearly profits to £11.6m after an improvement in margins and cost reduction measures. Sale revenues from its core products were 2 per cent higher.

Beazley profits rise fourfold

Beazley kick-started the Lloyd's of London reporting season yesterday with a fourfold rise in annual profits. The insurer said its profits hit £160m last year, up from £40m in 2011, on the back of fewer catastrophe losses. It expects to pay out $90m linked to hurricane Sandy.

Rolls-Royce gets engine go-ahead

Rolls-Royce has received airworthiness certification from the European Aviation Safety Agency for the Trent XWB that will power the Airbus A350 XWB aircraft. The engines have been despatched from Derby to be prepared prior to the first flight later this year.

Playtech deal was a sound bet

The online gaming firm Playtech posted a 51 per cent rise in income, boosted by its joint venture with bookie William Hill. The gaming software specialist has a 29 per cent stake in William Hill Online, which the betting firm is planning to buy out.

Final curtain for Anglo Irish Bank

The failed Anglo Irish Bank is to be liquidated after emergency laws were rushed through the parliament on Wednesday. The bank will now cease to exist, with its debt, which had been costing Irish taxpayers €3.1bn a year, converted into a bond.

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

A nap a day could save your life - and here's why

A nap a day could save your life

A midday nap is 'associated with reduced blood pressure'
If men are so obsessed by sex, why do they clam up when confronted with the grisly realities?

If men are so obsessed by sex...

...why do they clam up when confronted with the grisly realities?
The comedy titans of Avalon on their attempt to save BBC3

Jon Thoday and Richard Allen-Turner

The comedy titans of Avalon on their attempt to save BBC3
The bathing machine is back... but with a difference

Rolling in the deep

The bathing machine is back but with a difference
Part-privatised tests, new age limits, driverless cars: Tories plot motoring revolution

Conservatives plot a motoring revolution

Draft report reveals biggest reform to regulations since driving test introduced in 1935
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory