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

Recruitment Genius: Account Manager

£20000 - £35000 per annum: Recruitment Genius: This full service social media ...

Recruitment Genius: Data Analyst - Online Marketing

£24000 - £35000 per annum: Recruitment Genius: We are 'Changemakers in retail'...

Austen Lloyd: Senior Residential Conveyancer

Very Competitive: Austen Lloyd: Senior Conveyancer - South West We are see...

Austen Lloyd: Residential / Commercial Property Solicitor

Excellent Salary: Austen Lloyd: DORSET MARKET TOWN - SENIOR PROPERTY SOLICITOR...

The Business Matrix: Saturday 19 May 2012

Online gift shop gets £10m funding

Two female entrepreneurs confirmed their status heading one of Britain's fastest-growing online businesses when the gift and gadget retailer notonthehighstreet.com raised £10m from a Fidelity-led consortium to fund expansion. Holly Tucker and Sophie Cornish set up the business six years ago.

Graff seeks $1bn in Hong Kong IPO

Graff Diamonds, the high-end jeweller, is forging ahead with an initial public offering to raise up to $1bn (£630m), setting a price range for its Hong Kong flotation despite a sell-off in equity markets. The London-based jeweller, founded by Laurence Graff in 1960, set an indicative share-price range at HK$25-HK$37.

Stagecoach buys up rival businesses

The bus and rail firm Stagecoach has spent £85m on buying nine businesses from its struggling US rival Coach America in an opportunistic move to bolster its fast-growing North American business. The move gives it extra depots to expand its megabus.com brand, as well as a platform in Texas and California.

Lingerie uplift for London

The £3.6bn UK lingerie market will be lifted this summer by brands expanding in London. The US chain Victoria's Secret has revealed the opening dates for its first two UK shops, while Agent Provocateur, owned by the private equity firm 3i, is searching for new London stores as part of a 50-store expansion.

LSE profits rise by 30% to £442m

The London Stock Exchange posted a better-than-expected 30 per cent rise in annual profits to £442m. It said it expected to make good progress despite the uncertainty over the economy and its deal with LCH. Clearnet will continue to transform the organisation.

M&B says April was a washout

Sales at Mitchells & Butlers, the owner of some of Britain's best-known pubs, fell during April as the rain poured down. M&B's first-half profits fell £1m to £42m. Bob Ivell, the chairman who has headed M&B since it ousted Adam Fowle last year, said it was making progress in its search for a new chief.

Connolly named G4S chairman

John Connolly has been drafted as chairman of G4S, the security firm that will protect visitors to this summer's Olympics. The former boss of the beancounters Deloitte is replacing Alf Duch-Pedersen, a casualty of the group's failed £5bn takeover of the Danish cleaning firm ISS, who steps down in June.

Keller hit by slump in Europe

Keller, the construction group which built the foundations for the 2012 London Olympic Stadium, has reported a disappointing start to the year in Europe. It said it would continue to shrink its business in Spain, Portugal and Eastern Europe as those countries reel from a slump in construction activity.

Tata profits drop as costs rise

Tata Steel, the Indian giant which bought up the former British Steel, has recorded a larger-than-expected drop in profits. The group said weak prices, lower volumes and high raw material costs had hit margins. The steelmaker's annual profits came in at £670m, down from £1.1bn a year ago.

Menzies makes a positive start

The newspaper and magazine distributor John Menzies said it had made a positive start to the year, trading in line with the board's expectations. Menzies, which also has an aviation services division, said like for like ground handling volumes are up 2 per cent.

Latest stories from i100
Career Services

Day In a Page

Isis in Iraq: Yazidi girls killing themselves to escape rape and imprisonment by militants

'Jilan killed herself in the bathroom. She cut her wrists and hanged herself'

Yazidi girls killing themselves to escape rape and imprisonment
Ed Balls interview: 'If I think about the deficit when I'm playing the piano, it all goes wrong'

Ed Balls interview

'If I think about the deficit when I'm playing the piano, it all goes wrong'
He's behind you, dude!

US stars in UK panto

From David Hasselhoff to Jerry Hall
Grace Dent's Christmas Quiz: What are you – a festive curmudgeon or top of the tree?

Grace Dent's Christmas Quiz

What are you – a festive curmudgeon or top of the tree?
Nasa planning to build cloud cities in airships above Venus

Nasa planning to build cloud cities in airships above Venus

Planet’s surface is inhospitable to humans but 30 miles above it is almost perfect
Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there