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

Recruitment Genius: Business Analyst - 12 Month FTC - Entry Level

£23000 - £27000 per annum: Recruitment Genius: A Business Analyst is required ...

Recruitment Genius: Chefs - All Levels

£16000 - £23000 per annum: Recruitment Genius: To succeed, you will need to ha...

Recruitment Genius: Maintenance Engineer

£8 per hour: Recruitment Genius: This is an opportunity to join an award winni...

Recruitment Genius: Telesales Executive & Customer Service - Call Centre Jobs!

£7 - £9 per hour: Recruitment Genius: Are you outgoing? Do you want to work in...

The Business Matrix: Monday 22 August 2011

Diageo

Diageo, the drinks giant behind Smirnoff vodka, Guinness stout and Gordon’s Gin, is set to report a 5 per cent rise in annual profits to £2.9bn on Thursday, on sales of £10.1bn. Sales are expected to have remained tough in Europe, where Guinness sales fell 6 per cent in the first half, but its spirits, such as Johnnie Walker whisky, are finding new fans in Africa and South America.

H&T

Analysts predict that the UK’s biggest pawnbroker, H&T, will report strong full-year profits of nearly £17m on Tuesday as it benefits from the soaring price of gold and from customers desperate to make some cash. The chain operates more than 130 stores, which also buy and sell jewellery and cash cheques, and nearly 50 Gold Bar outlets, mainly in shopping centres, which buy jewellery.

Admiral

Rising premiums are expected to help the car insurer Admiral report soaring half-yearly profits of £159m on Wednesday. The firm behind Diamond and elephant.co.uk has grown its share of the market in recent months after it put up prices by less than its competitors. Premiums have soared – gaining 30 per cent last year – after a rise in fraudulent crash-for-cash claims.

UK Coal

UK Coal’s recovery programme seems to have been going on for years, but, after a good first half, Tuesday’s results might indicate a profit is on the way from its mining arm after some tough years. The country’s biggest producer of coal has made progress stabilising its production, which is now ahead of forecasts. Coal prices are also up on last year, while property sales have slashed its debt levels.

Micro Focus ends takeover talks

Micro Focus International has called off takeover talks after bids for the business fell short of expectations, the IT firm said as it announced its plans yesterday to resume a share buyback programme. The news comes after the FTSE 250-listed company said in May that it was exploring a number of approaches.

Bain Capital to buy Australia’s MYOB

The private equity firm Bain Capital is to buy the Australian accounting software firm MYOB for around $1.3bn (£789m). The deal is Boston-based Bain’s biggest acquisition in Australia, and marks a defeat for the British software group Sage and Kohlberg Kravis Roberts, the rival private equity firm.

Net boom sparks sharp jump in pay

The internet technology boom, termed dot.com 2.0, has led to a huge jump in salaries earned by specialists, according to ReThink Recruitment, which specialises in the sector. Experts in search optimisation can now expect to earn an average salary of £75,000 a year, up from an average of £45,000 three years ago.

Businesses are more downbeat

Confidence among business has declined, with Grant Thornton and the Institute of Chartered Accountants in England and Wales reporting that their business confidence index fell from 13.7 to 8.1 between May and July, the lowest since the same period in 2009, when the UK economy was still mired in recession.

Verizon workers to call off strike

The two-week-long strike at Verizon Communications is set to end this week after the unions and the US telecoms group reached an agreement to restart negotiations. Around 45,000 workers are expected to start going back to work, with some resuming late shifts today, and the remainder following suit tomorrow.

Chinese lender beats profit hopes

China Construction Bank, the world’s No 2 by market value and China’s biggest mortgage lender, saw a 31 per cent rise in earnings in the first half of the year. The bank, which is around 10 per cent owned by Bank of America, made net profits of 92.8bn yuan (£8.8bn) in the six months to June, against hopes of 92.3bn yuan.

Latest stories from i100
Career Services

Day In a Page

Isis in Syria: Influential tribal leaders hold secret talks with Western powers and Gulf states over possibility of mobilising against militants

Tribal gathering

Influential clans in Syria have held secret talks with Western powers and Gulf states over the possibility of mobilising against Isis. But they are determined not to be pitted against each other
Gaza, a year on from Operation Protective Edge: A growing population and a compromised and depleted aquifer leaves water in scarce supply for Palestinians

Gaza, a year on from Operation Protective Edge

A growing population and a compromised and depleted aquifer leaves water in scarce supply for Palestinians
Dozens of politicians, bureaucrats and businessmen linked to Indian bribery scandal die mysteriously

Illnesses, car crashes and suicides

Dozens of politicians, bureaucrats and businessmen linked to Indian bribery scandal die mysteriously
Srebrenica 20 years after the genocide: Why the survivors need closure

Bosnia's genocide, 20 years on

No-one is admitting where the bodies are buried - literally and metaphorically
How Comic-Con can make or break a movie: From Batman vs Superman to Star Wars: Episode VII

Power of the geek Gods

Each year at Comic-Con in San Diego, Hollywood bosses nervously present blockbusters to the hallowed crowd. It can make or break a movie
What do strawberries and cream have to do with tennis?

Perfect match

What do strawberries and cream have to do with tennis?
10 best trays

Get carried away with 10 best trays

Serve with ceremony on a tray chic carrier
Wimbledon 2015: Team Murray firing on all cylinders for SW19 title assault

Team Murray firing on all cylinders for title assault

Coaches Amélie Mauresmo and Jonas Bjorkman aiming to make Scot Wimbledon champion again
Wimbledon 2015: Nick Bollettieri - Vasek Pospisil must ignore tiredness and tell himself: I'm in the quarter-final, baby!

Nick Bollettieri's Wimbledon Files

Vasek Pospisil must ignore tiredness and tell himself: I'm in the quarter-final, baby!
Ashes 2015: Angus Fraser's top 10 moments from previous series'

Angus Fraser's top 10 Ashes moments

He played in five series against Australia and covered more as a newspaper correspondent. From Waugh to Warne and Hick to Headley, here are his highlights
Greece debt crisis: EU 'family' needs to forgive rather than punish an impoverished state

EU 'family' needs to forgive rather than punish an impoverished state

An outbreak of malaria in Greece four years ago helps us understand the crisis, says Robert Fisk
Gaza, a year on from Operation Protective Edge: The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas

Gaza, a year on from Operation Protective Edge

The traumatised kibbutz on Israel's front line, still recovering from last summer's war with Hamas
How to survive electrical storms: What are the chances of being hit by lightning?

Heavy weather

What are the chances of being hit by lightning?
World Bodypainting Festival 2015: Bizarre and brilliant photos celebrate 'the body as art'

World Bodypainting Festival 2015

Bizarre and brilliant photos celebrate 'the body as art'
alt-j: A private jet, a Mercury Prize and Latitude headliners

Don't call us nerds

Craig Mclean meets alt-j - the math-folk act who are flying high