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

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

The Business Matrix: Friday 8 November 2013

Cycling boom pumps Halfords

Bicycles-to-car parts chain Halfords' new chief executive Matt Davies explained that Britain's love affair with cycling has continued, with bike sales up 14.2 per cent in the six months to the end of September against a year earlier. Total sales rose 7.7 per cent to £490.6m and pre-tax profits were up 6.4 per cent from £41.9m to £44.6m.

US growth faster than expected

The US economy grew faster than expected in the third quarter, according to official data. The country's GDP expanded at an annual rate of 2.8 per cent, ahead of a 2.5 per cent rise in the three months before and higher than the 2 per cent expected on Wall Street. However consumer spending grew 1.5 per cent, the slowest pace since 2011.

Cazenove boost for Schroders

Fund manager Schroders' total net inflows hit £1.7bn in the last three months – including £700m into Cazenove Capital, which was taken over in June. Assets under management rose 37 per cent to a record £257m in the third quarter. That was faster than the 23 per cent in the first half, reflecting the inclusion of Cazenove for the first time.

ENRC ends LSE life on a low note

ENRC's six-year roller-coaster ride on the London Stock Exchange will end on a low after the Kazakhstan-based miner announced marginally reduced revenue. The iron ore-to-copper group will be taken private by its three billionaire founders on 25 November. At the half-year, pre-tax profit was down 55.6 per cent to $309m (£192.2m).

Banks 'too slow' settling claims

High Street banks are settling mis-selling claims from small businesses "slower than expected" and need to "speed up the process", the Financial Conduct Authority said. Banks set aside £3bn for firms that were mis-sold interest rate hedges they did not need or understand, but have paid out just £15.3m.

Morrisons sales continue to slide

Morrisons, the UK's fourth biggest supermarket, saw sales fall for the seventh consecutive quarter and slightly below expectations, down 2.3 per cent. The food chain will ramp up convenience store openings, with an extra 100 expected in 2014, doubling the 100 due to open by the end of this year.

Cable & Wireless revenues tumble

Cable & Wireless Communications, issuing its last report before moving headquarters to Miami under new boss Phil Bentley, the former British Gas chief executive, saw revenues fall 3 per cent to $935m (£584m) in the last six months. But it said cost-cutting was going to plan.

BA's Broughton in switch to IAG

British Airways chairman Sir Martin Broughton is leaving as part of corporate governance changes at the airline. He will continue as deputy chairman of parent company IAG while BA chief executive Keith Williams will take on the additional role of chairman at the carrier.

New shops give SuperGroup a lift

SuperGroup, owner of fashion brand Superdry, saw sales in the 13 weeks to November rise 18.5 per cent to £116.6m, after three new shops opened. In Germany, its most successful market outside of the UK, SuperGroup bought seven stores.

Vodafone escapes Ofcom 3G penalty

Vodafone avoided a fine by regulator Ofcom despite being alone among the big four mobile companies in failing to bring 3G coverage to 90 per cent of the population by June. Ofcom said Vodafone had fallen 1.4 per cent short of the target.

Latest stories from i100
Career Services

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living