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

Recruitment Genius: Client Account Executive

£23000 - £30000 per annum: Recruitment Genius: A Client Account Executive is r...

Recruitment Genius: Telemarketing Executive

£7 per hour: Recruitment Genius: Full Time position available now at a growing...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + competitive + incentives + uncapped comms: SThree:...

Ashdown Group: Reporting & Analytics Supervisor - Buckinghamshire - £36,000

£34000 - £36000 per annum + benefits: Ashdown Group: Analytics & Reporting Tea...

The Business Matrix: Monday 26 November 2012

Financial firms lead the space race

Financial companies are the keenest to find office space in London for the first time since the collapse of Lehman Brothers in 2008. Since the crash, technology, media and telecommunications firms had been the most on the lookout. But according to commercial estate agent DeVono, office enquiries from the financial sector were up 65 per cent in the past quarter.

HMRC turns focus on tax avoiders

Hundreds of suspected tax avoiders are to receive letters in the coming weeks warning them that their financial affairs are facing special scrutiny. HM Revenue and Customs is sending letters directly to 1,500 people whom it believes have signed up to one particular avoidance scheme. The National Audit Office said such schemes withhold more than £10bn from the UK.

 

What the Sunday papers say:

Howard is UK's richest hedgie

Alan Howard, co-founder of Brevan Howard, tops the newspaper's first Hedge Fund Rich List with £1.4 billion. Second is David Harding of Winton Capital Management with £900 million.

The Sunday Times

BAE mulls shutting shipyard

BAE could close one of its major shipyards in the UK. It says the future of shipbuilding in the UK is in Portsmouth, leaving two bases in Glasgow potentially vulnerable to closure.

The Sunday Telegraph

BP in Russian gas pipeline talks

BP has begun "early stage" talks with Russia's Gazprom to bring large amounts of gas into Britain via an extended pipeline from St Petersburg to Norfolk.

Mail on Sunday

HP was 'silly' not to take a closer look

Hewlett Packard was "monumentally silly" to pay $11 billion for Autonomy without taking a closer look at the company's structure and business dealings.

The Observer

 

The Week ahead:

UBM returns to UK as tax resident

Investors in UBM, the owner of PR Newswire and publisher of the magazine Property Week, meet today to approve plans to bring the company's tax headquarters back to London. In 2008, UBM moved to Ireland because of what it considered to be the UK's harsh tax regime. But like the chief executive of the WPP advertising behemoth, Sir Martin Sorrell, boss David Levin has decided that it is now safe to return because the Government has become more business-friendly.

A Nationwide interest in RBS

Britain's biggest mutual, the Nationwide Building Society reports its half-year results tomorrow but all eyes will be on anything chief executive Graham Beale has to say about its interest in buying 318 branches from Royal Bank of Scotland. The branches have approximately 240,000 small and medium-sized business customers which could give Nationwide a strong launchpad into this market where it has only just dipped its toe in the water.

Thomas Cook's Green gets set

Pity Harriet Green, the boss of travel agent Thomas Cook. The former Premier Farnell chief executive's first set of results in charge, out on Wednesday, should see profits slashed by half after an incredibly difficult year which raised severe doubts over the indebted group's future. Peel Hunt analyst Nicholas Batram is braced for underlying pre-tax profits of £154m for the year to September 30, only a touch more than 50 per cent of last year's £304m.

Can Dixons curry favour with City?

Sebastian James, the chief executive of Dixons Retail, will be grilled by the City on Thursday about the impact on its Currys and PC World chains of the stock liquidation sale at failed rival Comet, over the crucial Christmas trading period. Nomura forecasts the group could eventually grab about £230m of Comet's annual sales of £1bn-plus, but the present clearance sale at the collapsed 236-store chain could hurt Dixons UK over the festive period.

 

 

 

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border
Doris Lessing: Acclaimed novelist was kept under MI5 observation for 18 years, newly released papers show

'A subversive brothel keeper and Communist'

Acclaimed novelist Doris Lessing was kept under MI5 observation for 18 years, newly released papers show
Big Blue Live: BBC's Springwatch offshoot swaps back gardens for California's Monterey Bay

BBC heads to the Californian coast

The Big Blue Live crew is preparing for the first of three episodes on Sunday night, filming from boats, planes and an aquarium studio
Austin Bidwell: The Victorian fraudster who shook the Bank of England with the most daring forgery the world had known

Victorian fraudster who shook the Bank of England

Conman Austin Bidwell. was a heartless cad who carried out the most daring forgery the world had known
Car hacking scandal: Security designed to stop thieves hot-wiring almost every modern motor has been cracked

Car hacking scandal

Security designed to stop thieves hot-wiring almost every modern motor has been cracked
10 best placemats

Take your seat: 10 best placemats

Protect your table and dine in style with a bold new accessory
Ashes 2015: Alastair Cook not the only one to be caught in The Oval mindwarp

Cook not the only one to be caught in The Oval mindwarp

Aussie skipper Michael Clarke was lured into believing that what we witnessed at Edgbaston and Trent Bridge would continue in London, says Kevin Garside
Can Rafael Benitez get the best out of Gareth Bale at Real Madrid?

Can Benitez get the best out of Bale?

Back at the club he watched as a boy, the pressure is on Benitez to find a winning blend from Real's multiple talents. As La Liga begins, Pete Jenson asks if it will be enough to stop Barcelona
Athletics World Championships 2015: Beijing witnesses new stage in the Jessica Ennis-Hill and Katarina Johnson-Thompson heptathlon rivalry

Beijing witnesses new stage in the Jess and Kat rivalry

The last time the two British heptathletes competed, Ennis-Hill was on the way to Olympic gold and Johnson-Thompson was just a promising teenager. But a lot has happened in the following three years
Jeremy Corbyn: Joining a shrewd operator desperate for power as he visits the North East

Jeremy Corbyn interview: A shrewd operator desperate for power

His radical anti-austerity agenda has caught the imagination of the left and politically disaffected and set a staid Labour leadership election alight
Isis executes Palmyra antiquities chief: Defender of ancient city's past was killed for protecting its future

Isis executes Palmyra antiquities chief

Robert Fisk on the defender of the ancient city's past who was killed for protecting its future