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

1st line call logger/ User access administrator

£9 Per Hour: Clearwater People Solutions Ltd: Our client based in Warrington a...

Shine Night Walk 2014 - 'On the night' volunteer roles

Unpaid Voluntary Work : Cancer Research UK: We need motivational volunteers to...

Accounts Assistant (Accounts Payable & Accounts Receivable)

£23000 - £25000 per annum: Ashdown Group: Accounts Assistant (Accounts Payable...

Senior IT Trainer - Buckinghamshire - £250 - £350 p/d

£200 - £300 per day: Ashdown Group: IT Trainer - Marlow, Buckinghamshire - £25...

The Business Matrix: Saturday 27 April 2013

2.5% growth short of expectations

The American economy expanded at a rate of 2.5 per cent in the first three months of the year, performing far better than at the end of 2012 but missing expectations as falling government spending proved a drag on growth. Underpinning the expansion was a rise in consumer spending, although in part this also saw households save less.

Snoozebox bosses resign after deficit

Snoozebox's founder, Robert Breare, stepped aside as chief executive yesterday and its finance director resigned as the pop-up hotels firm posted a £4.4m loss for 2012. The AIM-listed group admitted that its £3.8m revenues had missed City expectations of £5m because of "uncertainties" over contracts connected with the London Olympics.

£6.9m for Xstrata chief in 2012

Xstrata's outgoing chief executive, Mick Davis, made $10.7m (£6.9m) in pay, pension, bonuses and other awards in 2012, the miner's annual report said. The payment for his work last year is on top of the £14.2m pay-off he will receive when he leaves Xstrata following the group's £56bn merger with Glencore.

Sudden departure for FCUK director

The finance director of French Connection has quit with immediate effect after more than a decade at the fashion retailer. It is unclear whether Roy Naismith has another job to go to. French Connection suffered a £10m loss in the year to the end of January.

FT owner suffers drop in sales

The Financial Times' owner, Pearson, has admitted underlying sales fell 1 per cent to £1.2bn in the first quarter, against a 3 per cent rise a year ago. The new chief executive, John Fallon, has already unveiled a £150m restructuring.

Panmure clear-out of small investors

Panmure Gordon has announced a 10-for-one share consolidation in a bid to remove small shareholders from its register. The stockbroker said 8,000 of its shareholders have fewer than 1,000 shares – meaning 95 per cent of shareholders own just 0.3 per cent of the company, which makes servicing them very expensive.

Rotork delivers quarterly growth

Rotork reported a 5 per cent jump in first-quarter sales and forecast higher gains over the next three months on the back of strong growth in deliveries yesterday. The engineer, which makes valve-control systems for the water as well as oil and gas industries, said orders rose by 14 per cent in the first quarter to £150m.

Cost cutting pays off for Nomura

Nomura, the Japanese investment bank with a large presence in London, has reported its best quarterly profit for seven years. The bank made Y82.4bn (£540m) in the three months to March, easily beating analysts' forecast of Y55bn. Nomura is halfway through a $1bn (£650m) cost-cutting programme.

Underlying sales increase at WPP

A surge in demand for UK advertising campaigns helped marketing giant WPP to beat first-quarter expectations. The world's biggest advertising and marketing group said underlying UK sales bucked the wider market to rise 3.7 per cent in the first three months of the year.

Soros pays pretty penny for stake

George Soros, the billionaire financier, has revealed he has bought a 7.9 per cent stake in the struggling US department-store chain JC Penney. He joins another billionaire, Bill Ackman, as one of the five largest shareholders in the century-old retailer.

Career Services

Day In a Page

Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices
Could our smartphones soon be diagnosing diseases via Health Kit and Google Fit?

Could smartphones soon be diagnosing diseases?

Health Kit and Google Fit have been described as "the beginning of a health revolution"
Ryanair has turned on the 'charm offensive' but can we learn to love the cut-price carrier again?

Can we learn to love Ryanair again?

Four recent travellers give their verdicts on the carrier's improved customer service
Billionaire founder of Spanx launches range of jeans that offers

Spanx launches range of jeans

The jeans come in two styles, multiple cuts and three washes and will go on sale in the UK in October
10 best over-ear headphones

Aural pleasure: 10 best over-ear headphones

Listen to your favourite tracks with this selection, offering everything from lambskin earmuffs to stainless steel
Commonwealth Games 2014: David Millar ready to serve up gold for his beloved Scotland in the end

Commonwealth Games

David Millar ready to serve up gold for his beloved Scotland in the end
UCI Mountain Bike World Cup 2014: Downhill all the way to the top for the Atherton siblings

UCI Mountain Bike World Cup

Downhill all the way to the top for the Atherton siblings
Save the tiger: The animals bred for bones on China’s tiger farms

The animals bred for bones on China’s tiger farms

The big cats kept in captivity to perform for paying audiences and then, when dead, their bodies used to fortify wine
A former custard factory, a Midlands bog and a Leeds cemetery all included in top 50 hidden spots in the UK

A former custard factory, a Midlands bog and a Leeds cemetery

Introducing the top 50 hidden spots in Britain
Ebola epidemic: Plagued by fear

Ebola epidemic: Plagued by fear

How a disease that has claimed fewer than 2,000 victims in its history has earned a place in the darkest corner of the public's imagination
Chris Pratt: From 'Parks and Recreation' to 'Guardians of the Galaxy'

From 'Parks and Recreation' to 'Guardians of the Galaxy'

He was homeless in Hawaii when he got his big break. Now the comic actor Chris Pratt is Hollywood's new favourite action star