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

Recruitment Genius: In House Counsel - Contracts

Negotiable: Recruitment Genius: This leading supplier of compliance software a...

Recruitment Genius: Associate System Engineer

£24000 - £30000 per annum: Recruitment Genius: The Associate System Engineer r...

Recruitment Genius: Executive Assistant

Negotiable: Recruitment Genius: An Executive Assistant is required to join a l...

Ashdown Group: Marketing Manager - B2B, Corporate - City, London

£45000 - £50000 per annum + benefits : Ashdown Group: A highly successful, glo...

The Business Matrix: Monday 9 December 2013

Royal Mail set to join FTSE 100

Royal Mail is on course to join London’s leading stock market index at this week’s FTSE reshuffle after a privatisation that has seen its shares soar by 80 per cent. It’s expected to enter the premier share league after Wednesday’s review by the FTSE Group. That will mean chief executive Moya Greene becomes one of the few women to head a blue-chip company.

Novartis has money to spend

Novartis, the Swiss pharmaceuticals giant, can spend $4bn to $6bn a year on acquisitions to strengthen its core pharma, eyecare and generics businesses or its three smaller divisions, its chief executive claimed. Joe Jimenez added: “Novartis’ cashflow is big enough each year for us to increase the dividend for shareholders and at the same time do bolt-on buys.”

What the Sunday papers said

StanChart: rift over rights issue

Standard Chartered’s board is divided over whether a rights issue is needed to strengthen its balance sheet after a tough year’s trading in its emerging markets. The need for a cash call has been discussed privately between directors rather than at a formal board meeting, and sources admitted “deep questions are being asked” of senior directors.

The Independent on Sunday

Fashion bosses claim RBS fraud

Allegations that Royal Bank of Scotland destroyed small firms for profit are set to take a major new twist as ex-directors and shareholders of failed fashion chain Peacocks consider a complaint to the Serious Fraud Office. It would be the first time anyone directly connected with a national chain has made a formal complaint.

The Mail on Sunday

Diamond back with £150m float

Bob Diamond, the Barclays chief executive who resigned in disgrace last year after the bank admitted rigging interest rates, is close to an audacious return to the City. The American is putting the final touches to Atlas Mara, a cash shell he has set up with billionaire entrepreneur Ashish Thakkar to buy a bank in Africa.

The Sunday Times

‘Boris Island’ plan may be dumped

Boris Johnson’s aviation adviser has admitted that proposals for a new hub airport in the Thames Estuary are “at risk” of being ditched by Sir Howard Davies when he publishes a shortlist of options for additional runway capacity in the South-east. The report is expected on 17 December.

The Sunday Telegraph

Week ahead

TOMORROW

Holiday group Tui Travel will reveal full-year results. Its rival Thomas Cook recently reported solid trading, so investors expect Thomson owner Tui’s to impress as well. Travel analysts at broker Numis predict Tui’s earnings will be up 18 per cent to £580m. Tui will unveil its results at Google’s London head office as it emphasises the firm’s technological innovations

WEDNESDAY

The smartphone microchip designer Imagination Technologies is expected to report a half-year update in line with expectations on Wednesday. Analysts at Jefferies expect volumes to have grown, but also warn that ongoing weakness in the average royalty rate and the fact that its licensing of graphics is “still weak” is likely to hit results. Jefferies expects sales of £95.4m.

THURSDAY

Transport giant Go Ahead’s statement is due to be parked with shareholders towards the end of the week, following rival Stagecoach’s figures on Wednesday. Analysts at stockbroker Panmure Gordon expect new contract wins for the bus and train operator, accompanied by good growth in its US business, to help drive Go Ahead forward.

FRIDAY

On Friday the thirteenth, housebuilder Bellway will end the week. But investors aren’t expecting bad news here:  housing stocks have been  boosted by rising property  prices, better mortgage deals and government schemes. Property analysts at Numis predict that Bellway will enjoy 34 per cent growth in earnings per share.

Latest stories from i100
Career Services

Day In a Page

General Election 2015: The masterminds behind the scenes

The masterminds behind the election

How do you get your party leader to embrace a message and then stick to it? By employing these people
Machine Gun America: The amusement park where teenagers go to shoot a huge range of automatic weapons

Machine Gun America

The amusement park where teenagers go to shoot a huge range of automatic weapons
The ethics of pet food: Why are we are so selective in how we show animals our love?

The ethics of pet food

Why are we are so selective in how we show animals our love?
How Tansy Davies turned 9/11 into her opera 'Between Worlds'

How a composer turned 9/11 into her opera 'Between Worlds'

Tansy Davies makes her operatic debut with a work about the attack on the Twin Towers. Despite the topic, she says it is a life-affirming piece
11 best bedside tables

11 best bedside tables

It could be the first thing you see in the morning, so make it work for you. We find night stands, tables and cabinets to wake up to
Italy vs England player ratings: Did Andros Townsend's goal see him beat Harry Kane and Wayne Rooney to top marks?

Italy vs England player ratings

Did Townsend's goal see him beat Kane and Rooney to top marks?
Danny Higginbotham: An underdog's tale of making the most of it

An underdog's tale of making the most of it

Danny Higginbotham on being let go by Manchester United, annoying Gordon Strachan, utilising his talents to the full at Stoke and plunging into the world of analysis
Audley Harrison's abusers forget the debt he's due, but Errol Christie will always remember what he owes the police

Steve Bunce: Inside Boxing

Audley Harrison's abusers forget the debt he's due, but Errol Christie will always remember what he owes the police
No postcode? No vote

Floating voters

How living on a houseboat meant I didn't officially 'exist'
Louis Theroux's affable Englishman routine begins to wear thin

By Reason of Insanity

Louis Theroux's affable Englishman routine begins to wear thin
Power dressing is back – but no shoulderpads!

Power dressing is back

But banish all thoughts of Eighties shoulderpads
Spanish stone-age cave paintings 'under threat' after being re-opened to the public

Spanish stone-age cave paintings in Altamira 'under threat'

Caves were re-opened to the public
'I was the bookies’ favourite to be first to leave the Cabinet'

Vince Cable interview

'I was the bookies’ favourite to be first to leave the Cabinet'
Election 2015: How many of the Government's coalition agreement promises have been kept?

Promises, promises

But how many coalition agreement pledges have been kept?
The Gaza fisherman who built his own reef - and was shot dead there by an Israeli gunboat

The death of a Gaza fisherman

He built his own reef, and was fatally shot there by an Israeli gunboat