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

Volunteer Trustee opportunities now available at The Society for Experimental Biology

Unpaid Voluntary Position : Reach Volunteering: Volunteer your expertise as Tr...

Early Years Educator

£68 - £73 per day + Competitive rates of pay based on experience: Randstad Edu...

Nursery Nurse

£69 - £73 per day + Competitive London rates of pay: Randstad Education Group:...

Primary KS1 NQTs required in Lambeth

£117 - £157 per day + Competitive London rates: Randstad Education Group: * Pr...

The Business Matrix: Saturday 10 March 2012


Olympics paves Marshalls' gains

Paving London ahead of the Olympics and Diamond Jubilee helped blocks and flagstones group Marshalls to push profits up by a third last year. It has already delivered well over five million paving blocks to the Olympic centre. Its largest project is the Northern spectator transport mall.

African premium helps Old Mutual

The Old Mutual financial conglomerate posted a 17 per cent jump in profits for 2011 on the back of cost cuts and strong growth at its Nedbank lending operation in South Africa. The Anglo-South African insurance, banking and asset management business reported an operating profit of £1.61bn in 2011.

Wetherspoons dilutes growth

Value-for-money pubs chain JD Wetherspoon is to open 10 fewer pubs this year than previously hoped, 40 rather than 50. Chairman Tim Martin is also taking a close look at his longer-term expansion plans. He has 841 pubs and thinks he could one day have 1600, but is no longer so sure this goal is attainable.

LSE in the clear with £387m deal

The London Stock Exchange has struck a deal to buy up to a 60 per cent stake in clearing house LCH. Clearnet in the biggest deal since its attempt to merge with the Toronto stock exchange was blocked last year. The LSE will pay up to €463m (£387m) for a full 60 per cent stake.

Africa powers up Aggreko profits

A thirst for power from Africa, Japan and the London 2012 Olympics has given generators giant Aggreko the courage to spend £350m on its fleet this year. That's £30m more than it had planned, and comes after what chief executive Rupert Soames called a "not-entirely shabby performance last year".

Industry drop ups recession worry

A shock blow for Britain's industrial sector in January put the risk of a double-dip recession back on the table yesterday, strengthening the case for more money printing from the Bank of England. Despite stronger survey evidence, figures showed a 0.4 per cent drop in industrial output during January.

London land prices soar

The price of land in central London soared almost a fifth last year in a dramatic bounce-back from the post-Lehmans slump. The value of residential development land rose 3.2 per cent in the last quarter and 20.3 per cent over 2011 as a whole, according to agents Knight Frank.

Recruiter held back in Britain

The UK jobs market is holding back SThree, the white-collar recruiter. Its consultants outside of Britain and Ireland saw a 24 per cent increase in gross profit to £31m in the first three months of 2012 compared to the previous quarter. But on home turf, its net profit fell by 7 per cent to £16.7m.

American jobs market ahead

The US jobs market forged ahead last month as the recovering health of the world's biggest economy painted a stark contrast with record unemployment in the eurozone. Closely watched non-farm payrolls figures showed US employers adding 227,000 jobs during the month.

Career Services

Day In a Page

Scottish referendum: The Yes vote was the love that dared speak its name, but it was not to be

Despite the result, this is the end of the status quo

Boyd Tonkin on the fall-out from the Scottish referendum
Manolo Blahnik: The high priest of heels talks flats, Englishness, and why he loves Mary Beard

Manolo Blahnik: Flats, Englishness, and Mary Beard

The shoe designer who has been dubbed 'the patron saint of the stiletto'
The Beatles biographer reveals exclusive original manuscripts of some of the best pop songs ever written

Scrambled eggs and LSD

Behind The Beatles' lyrics - thanks to Hunter Davis's original manuscript copies
'Normcore' fashion: Blending in is the new standing out in latest catwalk non-trend

'Normcore': Blending in is the new standing out

Just when fashion was in grave danger of running out of trends, it only went and invented the non-trend. Rebecca Gonsalves investigates
Dance’s new leading ladies fight back: How female vocalists are now writing their own hits

New leading ladies of dance fight back

How female vocalists are now writing their own hits
Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam