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Today's Matrices

The Business Matrix: Monday 19 November 2012

Joules seeks funds to expand

Joules, the fashion retailer favoured by Middle England, has revived talks with advisers to sell a minority stake in the business to help fund expansion. Tom Joule, the founder and biggest shareholder, and management are thought to have held discussions with Rothschild about another auction, following a stalled process nearly two years ago.

Global crackdown on evasion

Requests for information about UK-based foreign nationals by foreign states investigating tax evasion are rising sharply as governments try to pull in more tax, says Pinsent Masons, the law firm. The number of requests for information about taxpayers received by the UK Government from overseas tax authorities has surged by 18 per cent in the last year.

Property giant to reveal assets dip

Tomorrow sees the first, and biggest, of a handful of property companies updating the market. British Land is forecast to report a 1 per cent decline in the value of its property assets in its half-year update. Big Yellow will also reveal half-year results and later in the week, Grainger and Helical Bar update.

Direction of Compass queried

Analysts are concerned about the catering group Compass, which reports on Wednesday. Jefferies scribes said: "We have no quarrel with Compass's outsourcing business model; quite the reverse. But shorter-term prospects, especially in Europe, could overshadow decent progress elsewhere."

Regional papers to slow DMGT

Regional media is likely to bring down an otherwise good set of results for Daily Mail and General Trust on Thursday. Talks are ongoing for it to sell the regional papers to a new company created by Trinity Mirror and the family-owned regional newspaper group Yattendon.

Fuller's profits to be dampened

Panmure Gordon scribes expect the brewer Fuller Smith & Turner's profit before tax to be £16.5m at its interim results on Friday. Their forecast remains unchanged on the prior year, "reflecting the impact of the wettest summer for 100 years". Analysts expect profitability to improve in the second half.

Big Four audit firms criticised

Critics of the Big Four accountants believe that the Competition Commission has found evidence that the audit market is "a closed shop". The commission's website reveals that every FTSE 100 company that switched auditor between 2001 and 2011 did so just between KPMG, PricewaterhouseCoopers, Deloitte and Ernst & Young.

Independent on Sunday

Call to merge NI and income tax

Business leaders have backed a call to merge national insurance with income tax to help reduce costs, drive up wages and create jobs. The support for a "radical" overhaul of the tax system, revealed in a survey of 1,125 businesses by the Institute of Directors, comes as the Treasury is considering how to simplify workers' taxes.

Sunday Times

Barclay twins get hotels support

Blackstone has waded into the battle for control of three of London's top hotels – the Berkeley, Claridge's and the Connaught. The US firm is backing the twins Sir Frederick and Sir David Barclay, who are trying to wrest the Maybourne Hotel Group from the Irish property developer Paddy McKillen.

Mail on Sunday

Centrica to turn back on nuclear

Centrica, owner of British Gas, is expected to turn its back on building new nuclear power stations in Britain, ending its partnership with EDF Energy to build a new plant in Somerset. Only a change in government policy towards subsidies for the plants would persuade Centrica to return to the market.

Sunday Telegraph

Career Services

Day In a Page

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Edward VIII’s phone calls - and how MI5 bugged them

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Sent down at the Old Bailey: A tour of the world's most famous court

Sent down at the Old Bailey

A tour of the world's most famous court
Hollywood's random acts of red-carpet kindness

Hollywood's random acts of red-carpet kindness

The Hangover actor Zach Galifianakis’s date for his movie premieres isn’t arm candy  – it’s his 87-year-old friend who he saved from homelessness
British football scores an own goal

British football scores an own goal

Many managers barely survive a year in post. Martin Baker talks to experts who make a case for clubs using forensic business skills to find the best staff
James Lawton: Sergio Garcia cracks as major fault line opens up again

James Lawton

Sergio Garcia cracks as major fault line opens up again
Dylan Hartley: Northampton have spent the season proving all our critics wrong

Dylan Hartley talks tough

Northampton have spent the season proving all our critics wrong
Watch out Watford: Here comes the secretive Bilderberg Group

Watch out Watford: Here comes the secretive Bilderberg Group

A meeting of global power brokers in a Hertfordshire hotel is exciting conspiracy theorists, but what are they really about?
'The ultimate all-in-one home entertainment system': Microsoft finally unveils its Xbox ONE console

'The ultimate all-in-one home entertainment system'

Microsoft finally unveils its Xbox ONE console
Plenty of Fish dating site founder pulls 'Intimate Encounters' option to ward off sleazy men

Plenty of sleaze

Dating website pulls intimate 'hook-up' section to curb harassment
Inferno author Dan Brown 'honoured' to be invited to join the Freemasons

The Freemasons’ Code

Dan Brown reveals the message that told him door to the lodge is open
Not secure any more: G4S boss heads for exit at last

Not secure any more: G4S boss heads for exit at last

Nick Buckles survived the Olympics débâcle and a £5bn bid fiasco but a profit warning finally triggered his downfall
How to say ‘I’m a sellout’: Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar

How to say ‘I’m a sellout’

Tumblr’s David Karp’s message of reassurance to his staff sounded very familiar
Why clubs are keen to take a stand

Why clubs are keen to take a stand

There's a real desire around the grounds for safe standing. But will the authorities listen?
In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

In the end the fans decided Tony Pulis had made a pig's ear of the job at Stoke City

Disillusion with a siege mentality and negative playing style made change inevitable
James Lawton: The James Hunt I knew is the subject of a new F1 movie

James Lawton: The James Hunt I knew is the subject of a new F1 movie

British driver was fascinating man whose epic duel with Niki Lauda in 1976 was typical of an era of glamour and glory – but also the ever-present threat of death