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

Recruitment Genius: Experienced Bookkeeper - German Speaking - Part Time

£23000 - £25000 per annum: Recruitment Genius: This firm of accountants based ...

Recruitment Genius: Operations Manager

£30000 - £38000 per annum: Recruitment Genius: They are a financial services c...

Ashdown Group: Field Service Engineer

£30000 - £32000 per annum + car allowance and on call: Ashdown Group: A succes...

Recruitment Genius: Sales & Marketing Co-Ordinator

£15000 - £17000 per annum: Recruitment Genius: Well established small company ...

The Business Matrix: Friday 9 August 2013

Ladbrokes is hit by heatwave

The heat and dwindling growth at games machines in Ladbrokes’ betting shops saw pre-tax profits for the first half halve to £55.1m. July’s heatwave hammered the bookie at the start of the second half, sending betting shops visits down by up to 15 per cent. Dry weather cut the number of runners, meaning a higher percentage of winning favourites.

Rio Tinto pulls Pacific sale

Rio Tinto has been forced to withdraw the sale of its loss-making Pacific Aluminium, having failed to find a buyer. The mining giant also revealed an 18 per cent fall in first-half profits, as commodity prices, with the exception of iron ore, dropped. Chief executive Sam Walsh said: “We need to do more to improve performance and returns.”

Big fare for GetTaxi as it heads to NYC

Black cabs app GetTaxi raised another $12m (£7.8m) as it prepares to go head-to-head with battle rival Hailo for the custom of New Yorkers. The Israeli start-up’s fundraiser brings the total raised to  $42m. Already competing with Hailo in London, GetTaxi is - like its rival - hoping to crack the Big Apple, launches in New York this weekend.

Sunny boost for Enterprise

Good summer weather helped Enterprise Inns’ 6000 pubs to move back into growth in the past five weeks. Although the pubs giant still does not expect overall growth for the financial year, which ends next month, due to the harsh winter it is now optimistic that the final quarter will show an improvement. It has sold 356 pubs this year.

Schroders’ fund boost for Dean

Julie Dean, the fund manager who last month took over the running of Schroders UK Growth Trust following the departure of Richard Buxton, grew her existing Cazenove UK Opportunities from £1.6bn to £2.5bn in the first half. That’s far more than the £250m Buxton has pulled in at his new firm, Old Mutual.

HR Owen dismisses bid

The Asian bidder for HR Owen is not high-end enough, the luxury car dealership said as it dismissed the takeover approach as “derisory”. HR Owen – whose first-half profits rose 23.2 per cent – said Malaysian billionaire Vincent Tan’s Berjaya Philippines was only experiencd in high-volume, commercial vehicles.

US still hungers for a Big Mac

Big Mac sales in the US helped McDonald’s offset declines elsewhere last month. The world’s biggest burger chain said global sales in July rose 0.7 per cent at restaurants open at least 13 months, including a 1.6 per cent increase in the US, where it was boosted by “value offerings”.

Stanley Gibbons toasts monarchy

Monarchists and investors looking beyond the banks’ paltry saving rates will trigger a boom in Prince George collectables in the coming six months, according to Stanley Gibbons, the rare stamps, medals and coins dealer. In the first half, Gibbons’ sales rose 17 per cent to £17.2m.

Cobham faces US market pain

Defence manufacturer Cobham said a sluggish US defence and security market drove pre-tax profits for the first six months of the year down 3 per cent to £137m. But Cobham, based in Wimborne, Dorset, said it is winning more aviation services.

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