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

Guru Careers: Software Developer / C# Developer

£40-50K: Guru Careers: We are seeking an experienced Software / C# Developer w...

Guru Careers: Software Developer

£35 - 40k + Benefits: Guru Careers: We are seeking a Software Developer (JavaS...

SThree: Trainee Recruitment Consultant / Resourcer

£18000 - £23000 per annum + Commission: SThree: As a Trainee Recruitment Consu...

Ashdown Group: UI Developer - (UI, HTML, CSS, JavaScript, AngularJS)

£25000 - £40000 per annum: Ashdown Group: UI Developer - (UI, JavaScript, HTML...

The Business Matrix: Saturday 12 January 2013

John Lewis sees boost to sales

John Lewis achieved another storming set of figures during the first week of its clearance sales. Sales were up 25.7 per cent compared with the same period a year ago as shoppers chased bargains. All 35 John Lewis stores which had been trading for at least a year saw year-on-year sales growth. The electrical and home technology division led the way with growth of 43.5 per cent. Fashion was up 19.9 per cent.

BSA boss Coles to stand down

Adrian Coles, the director-general of the Building Societies Association, says he will stand down once a successor has been found, probably later this year. Mr Coles, 58, who joined the BSA as an economist in 1979, said: "I have held this post for 20 years and it is time for a change, both from my point of view and that of the association." The BSA represents mutual lenders and deposit-takers across the UK.

Theo Fennell loses his sparkle

The jeweller Theo Fennell issued a profits warning yesterday after another year of poor Christmas sales. Fennell, whose bling is worn by stars including Elton John and Naomi Campbell, said its full-year results would be "materially below management expectations" after "disappointing" trading over the festive period. Shares in the business tumbled 17 per cent to 9.5p yesterday.

Rail freight fees to rise by up to 5%

Rail freight charges are set to rise by between 3 and 5 per cent from 2016, the Office of the Rail Regulator said yesterday. It said rail freight users had been paying less than their fair share to maintain the rail network. The shortfall was paid by passengers and the taxpayer. The proportion of costs incurred by freight that will have to be paid back by the industry will rise from 21 per cent to about a third.

Tullow in a dive as dry holes take toll

Shares in Tullow Oil tumbled by 3 per cent after the FTSE 100 explorer announced a $670m (£417m) write-off for 2012 to cover the cost of dry wells and abandoned licences. In a trading statement ahead of its full-year results next month, Tullow said it expected a busy start to the year as its key Jubilee field in offshore Ghana, ramps up to full capacity.

FFL headache for prices website

Banks are getting cheap cash from the Bank of England's Funding For Lending (FFL) scheme, meaning they don't need to offer generous savings deals, according to MoneySupermarket. The price comparison website said it saw lower competition among banks for retail deposits in the fourth quarter, meaning fewer accounts opened via MoneySupermarket.

Digital helps publisher stay ahead

Investment in digital and events is helping the publisher of The Lawyer and Marketing Week to keep profits on track, despite weaker revenues from the financial and marketing sectors. Centaur Media's chief executive, Geoff Wilmot, said sales were up 14 per cent in the six months to December. Print revenue fell sharply from 45 per cent to 31 per cent of turnover, while digital revenue rose to 39 per cent and events climbed to 28 per cent.

Latest stories from i100
Career Services

Day In a Page

Is a quiet crusade to reform executive pay bearing fruit?

Is a quiet crusade to reform executive pay bearing fruit?

Dominic Rossi of Fidelity says his pressure on business to control rewards is working. But why aren’t other fund managers helping?
The King David Hotel gives precious work to Palestinians - unless peace talks are on

King David Hotel: Palestinians not included

The King David is special to Jerusalem. Nick Kochan checked in and discovered it has some special arrangements, too
More people moving from Australia to New Zealand than in the other direction for first time in 24 years

End of the Aussie brain drain

More people moving from Australia to New Zealand than in the other direction for first time in 24 years
Meditation is touted as a cure for mental instability but can it actually be bad for you?

Can meditation be bad for you?

Researching a mass murder, Dr Miguel Farias discovered that, far from bringing inner peace, meditation can leave devotees in pieces
Eurovision 2015: Australians will be cheering on their first-ever entrant this Saturday

Australia's first-ever Eurovision entrant

Australia, a nation of kitsch-worshippers, has always loved the Eurovision Song Contest. Maggie Alderson says it'll fit in fine
Letterman's final Late Show: Laughter, but no tears, as David takes his bow after 33 years

Laughter, but no tears, as Letterman takes his bow after 33 years

Veteran talkshow host steps down to plaudits from four presidents
Ivor Novello Awards 2015: Hozier wins with anti-Catholic song 'Take Me To Church' as John Whittingdale leads praise for Black Sabbath

Hozier's 'blasphemous' song takes Novello award

Singer joins Ed Sheeran and Clean Bandit in celebration of the best in British and Irish music
Tequila gold rush: The spirit has gone from a cheap shot to a multi-billion pound product

Join the tequila gold rush

The spirit has gone from a cheap shot to a multi-billion pound product
12 best statement wallpapers

12 best statement wallpapers

Make an impact and transform a room with a conversation-starting pattern
Paul Scholes column: Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?

Paul Scholes column

Does David De Gea really want to leave Manchester United to fight it out for the No 1 spot at Real Madrid?
Season's finale brings the end of an era for top coaches and players across the continent

The end of an era across the continent

It's time to say farewell to Klopp, Clement, Casillas and Xavi this weekend as they move on to pastures new, reports Pete Jenson
Bin Laden documents released: Papers reveal his obsession with attacking the US and how his failure to keep up with modern jihad led to Isis

'Focus on killing American people'

Released Bin Laden documents reveal obsession with attacking United States
Life hacks: The innovations of volunteers and medical workers are helping Medécins Sans Frontières save people around the world

Medécins Sans Frontières's life hacks

The innovations of volunteers and medical workers around the world are helping the charity save people
Ireland's same-sex marriage vote: As date looms, the Irish ask - how would God vote?

Same-sex marriage

As date looms, the Irish ask - how would God vote?
The underworld is going freelance: Why The Godfather's Mafia model is no longer viable

The Mafia is going freelance

Why the underworld model depicted in The Godfather is no longer viable