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 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 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 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

Abuse - and the hell that came afterwards

Abuse - and the hell that follows

James Rhodes on the extraordinary legal battle to publish his memoir
Why we need a 'tranquility map' of England, according to campaigners

It's oh so quiet!

The case for a 'tranquility map' of England
'Timeless fashion': It may be a paradox, but the industry loves it

'Timeless fashion'

It may be a paradox, but the industry loves it
If the West needs a bridge to the 'moderates' inside Isis, maybe we could have done with Osama bin Laden staying alive after all

Could have done with Osama bin Laden staying alive?

Robert Fisk on the Fountainheads of World Evil in 2011 - and 2015
New exhibition celebrates the evolution of swimwear

Evolution of swimwear

From bathing dresses in the twenties to modern bikinis
Sun, sex and an anthropological study: One British academic's summer of hell in Magaluf

Sun, sex and an anthropological study

One academic’s summer of hell in Magaluf
From Shakespeare to Rising Damp... to Vicious

Frances de la Tour's 50-year triumph

'Rising Damp' brought De la Tour such recognition that she could be forgiven if she'd never been able to move on. But at 70, she continues to flourish - and to beguile
'That Whitsun, I was late getting away...'

Ian McMillan on the Whitsun Weddings

This weekend is Whitsun, and while the festival may no longer resonate, Larkin's best-loved poem, lives on - along with the train journey at the heart of it
Kathryn Williams explores the works and influences of Sylvia Plath in a new light

Songs from the bell jar

Kathryn Williams explores the works and influences of Sylvia Plath
How one man's day in high heels showed him that Cannes must change its 'no flats' policy

One man's day in high heels

...showed him that Cannes must change its 'flats' policy
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