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

Austen Lloyd: Employment Solicitor

£30000 - £60000 per annum + Excellent: Austen Lloyd: Employment Solicitor - Ke...

Argyll Scott International: Risk Assurance Manager

Negotiable: Argyll Scott International: Hi All, I'm currently recruiting for t...

Austen Lloyd: Clinical Negligence Solicitor

Highly Competitive Salary: Austen Lloyd: HAMPSHIRE MARKET TOWN - A highly attr...

Ashdown Group: IT Systems Analyst / Application Support Engineer (ERP / SSRS)

£23000 - £30000 per annum + pension, 25days holiday: Ashdown Group: An industr...

The Business Matrix: Monday 20 January 2014

Metro raises more cash for growth’

Metro Bank has raised £387.5m extra capital to help it grow. This fourth capital raise brings the total equity capital raised by the bank to £641m. Vernon W Hill, founder and chairman of the bank, said: “The revolution in British banking continues, with strong investor support from existing and new investors, who believe in the Metro Bank growth model.”

Recalls soar after food scares

The number of UK recalls of dangerous or faulty goods has risen after the horse-meat scandal and other food recalls, says the City law firm RPC. It said 272 product recalls were made in 2013, up from 260 in 2012. RPC said: “Many retailers conducted reviews of food safety standards after the [horsemeat] scandal, with some carrying out precautionary recalls.”

What the Sunday papers said

‘Disadvantaged’ could build HS2

The physically disabled, the unemployable and former prisoners should build the £42.6bn High Speed 2 railway, according to a lobbying group. Jim Steer, chief executive of the High Speed Rail Industry Leaders Group, said that France had used nearly 1,000 disadvantaged people to build the Rhine-Rhône line.

Independent on Sunday

Barclays move to affect small firms

Businesses are set to be hit with unexpected charges when Barclays moves them to its recently launched small-business current account. Some 250,000 small firms which do not pay for their current-account banking may need to pay in future. The first group of firms to be switched will be informed in writing next week.

Mail on Sunday

Tesco eyes new  Mothercare bid

Tesco could be eyeing up a surprise bid for struggling Mothercare. The supermarket chain first looked at a takeover last summer, but put the plan on hold. With Mothercare’s share price collapsing after poor Christmas trading Tesco could be about to rekindle its interest. Both declined to comment.

Sunday Times

House prices in South ‘absurd’

Nigel Wilson, chief executive of Legal & General, said the Government’s Help to Buy scheme risked stoking a price bubble which would put homes out of the reach of all but the most affluent. Mr Wilson argued that house prices in London and the South-east had reached “absurd” levels.

Sunday Telegraph

Week ahead

Soap sales restore Unilever’s shine

The weather isn’t right for ice-cream, but Ben & Jerry’s and Wall’s owner Unilever is likely to have managed to sell enough soap, soup and other household wares to keep its full-year results tomorrow from looking too icy. After a third-quarter slowdown analysts say the fourth quarter may have improved.

PZ Cussons to show rebound

The consumer goods group PZ Cussons will reveal its half-year results tomorrow. Canaccord Genuity predicts that its business in Nigeria is rebounding off an “exceptionally weak period”, and the macro environment is improving. The UK market has stabilised and “consumption patterns have improved”.

Carphone to give mixed signals

The mobile phones retailer Carphone Warehouse is expected to produce negative comparable sales growth in its third-quarter tomorrow. But Numis’s analysts forecast that management’s full-year guidance on CPW Europe earnings to come in between £140m and £160m should “remain intact”.

Royal Mail keeps on delivering

Investors will take delivery of Royal Mail’s trading update on Friday. The group’s share price has jumped by some  83 per cent since it listed last October. Analysts at Espirito Santo were happy with its news of planned price increases for corporate mail and think it will continue to perform well.

Latest stories from i100
Career Services

Day In a Page

In a world of Saudi bullying, right-wing Israeli ministers and the twilight of Obama, Iran is looking like a possible policeman of the Gulf

Iran is shifting from pariah to possible future policeman of the Gulf

Robert Fisk on our crisis with Iran
The young are the new poor: A third of young people pushed into poverty

The young are the new poor

Sharp increase in the number of under-25s living in poverty
Greens on the march: ‘We could be on the edge of something very big’

Greens on the march

‘We could be on the edge of something very big’
Revealed: the case against Bill Cosby - through the stories of his accusers

Revealed: the case against Bill Cosby

Through the stories of his accusers
Why are words like 'mongol' and 'mongoloid' still bandied about as insults?

The Meaning of Mongol

Why are the words 'mongol' and 'mongoloid' still bandied about as insults?
Mau Mau uprising: Kenyans still waiting for justice join class action over Britain's role in the emergency

Kenyans still waiting for justice over Mau Mau uprising

Thousands join class action over Britain's role in the emergency
Isis in Iraq: The trauma of the last six months has overwhelmed the remaining Christians in the country

The last Christians in Iraq

After 2,000 years, a community will try anything – including pretending to convert to Islam – to avoid losing everything, says Patrick Cockburn
Black Friday: Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Helpful discounts for Christmas shoppers, or cynical marketing by desperate retailers?

Britain braced for Black Friday
Bill Cosby's persona goes from America's dad to date-rape drugs

From America's dad to date-rape drugs

Stories of Bill Cosby's alleged sexual assaults may have circulated widely in Hollywood, but they came as a shock to fans, says Rupert Cornwell
Clare Balding: 'Women's sport is kicking off at last'

Clare Balding: 'Women's sport is kicking off at last'

As fans flock to see England women's Wembley debut against Germany, the TV presenter on an exciting 'sea change'
Oh come, all ye multi-faithful: The Christmas jumper is in fashion, but should you wear your religion on your sleeve?

Oh come, all ye multi-faithful

The Christmas jumper is in fashion, but should you wear your religion on your sleeve?
Dr Charles Heatley: The GP off to do battle in the war against Ebola

The GP off to do battle in the war against Ebola

Dr Charles Heatley on joining the NHS volunteers' team bound for Sierra Leone
Flogging vlogging: First video bloggers conquered YouTube. Now they want us to buy their books

Flogging vlogging

First video bloggers conquered YouTube. Now they want us to buy their books
Saturday Night Live vs The Daily Show: US channels wage comedy star wars

Saturday Night Live vs The Daily Show

US channels wage comedy star wars
When is a wine made in Piedmont not a Piemonte wine? When EU rules make Italian vineyards invisible

When is a wine made in Piedmont not a Piemonte wine?

When EU rules make Italian vineyards invisible