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

Senior Data Scientist (Data Mining, RSPSS, R, AI, CPLEX, SQL)

£60000 - £70000 per annum + Benefits + Bonus: Harrington Starr: Senior Data Sc...

Law Costs

Highly Attractive Salary: Austen Lloyd: BRISTOL - This is a very unusual law c...

Junior VB.NET Application Developer (ASP.NET, SQL, Graduate)

£28000 - £30000 per annum + Benefits + Bonus: Harrington Starr: Junior VB.NET ...

C# .NET Web Developer (ASP.NET, JavaScript, jQuery, XML, XLST)

£40000 - £50000 per annum + Benefits + Bonus: Harrington Starr: C# .NET Web De...

The Business Matrix: Saturday 3 May 2014

Williams races back into profit

The Williams Formula One team returned to profit last year, despite a poor season on the track for the former world champions, helped by a one-off payment from its outgoing sponsor, the Venezuelan oil company PDVSA. That meant Williams, the only F1 team with a listing, posted a £12m profit.

Carlyle is biggest private equity firm

Carlyle is the world’s biggest private equity investor after raising a $30.5bn (£18.1bn) war chest in five years, according to figures from Private Equity International. Carlyle, which owns the RAC and the minicab firm Addison Lee among others, overtook rival TPG after raising $22bn in 2013.

Direct Line takes £60m winter hit

Direct Line said yesterday that claims related to the harsh winter weather cost it £60m in the first quarter of the year. The company, which was spun out of Royal Bank of Scotland in 2012, also said the cost of buying a motor insurance policy had fallen by 4 per cent owing to competition across the market.

Rentokil sees 36% more enquiries

More vermin creeping into homes and offices saw the Queen’s rat-catcher, Rentokil Initial, enjoy a 36 per cent rise in enquiries in Britain in the first three months of the year. Overall, pre-tax profit in the three months rose 6 per cent to £19.3m, although it was held back by the strengthening pound.

Cips reports slow growth for April

Builders enjoyed a year of growth as a housebuilding revival sparked by the Help to Buy scheme spurred the industry in April. But the overall pace of expansion slowed last month, with the Cips purchasing managers’ index  falling from 62.5 to 60.8, as flood work among civil engineers eased off.

Fremantle ends All3Media talks

FremantleMedia, the TV company which makes The X Factor, has walked away from talks about buying All3Media, producer of Gogglebox, The Only Way Is Essex and Hollyoaks. It is believed that Fremantle, part of RTL, felt All3Media’s private equity owner Permira was looking for too high a price.

InterContinental cheers investors

Chinese tourists flocking to the UK helped the giant InterContinental Hotels Group post its strongest revenue growth for nearly two year. First-quarter global revenue per available room – a key industry measure – grew 6 per cent and the group said it would hand £444m back to investors.

£550m Scottish Widows is sold

Aberdeen Asset Management has completed the £550m acquisition of Scottish Widows Investment Partnership, making it Europe’s biggest independent asset manager, with funds of more than £330bn. Aberdeen bought the business from the partially state-owned Lloyds Banking Group.

Google sued ‘for abusing position’

A member of the public is suing Google over claims that it abused its market position by forcing manufacturers of mobile phones and tablets that use its Android system to also provide Google apps. This makes it more expensive for consumers to use others, the lawsuit says.

Stephenson quits Barclays for UBS

Ros Stephenson, the chairman of investment banking at Barclays Bank, has quit to join UBS amid a reorganisation of the securities business. Stephenson, 52, will become UBS’s global chairman of corporate client solutions, based in New York.

Career Services

Day In a Page

The other Mugabe who is lining up for the Zimbabwean presidency

The other Mugabe who is lining up for the Zimbabwean presidency

Wife of President Robert Mugabe appears to have her sights set on succeeding her husband
The model of a gadget launch: Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed

The model for a gadget launch

Cultivate an atmosphere of mystery and excitement to sell stuff people didn't realise they needed
Alice Roberts: She's done pretty well, for a boffin without a beard

She's done pretty well, for a boffin without a beard

Alice Roberts talks about her new book on evolution - and why her early TV work drew flak from (mostly male) colleagues
Get well soon, Joan Rivers - an inspiration, whether she likes it or not

Get well soon, Joan Rivers

She is awful. But she's also wonderful, not in spite of but because of the fact she's forever saying appalling things, argues Ellen E Jones
Doctor Who Into the Dalek review: A classic sci-fi adventure with all the spectacle of a blockbuster

A fresh take on an old foe

Doctor Who Into the Dalek more than compensated for last week's nonsensical offering
Fashion walks away from the celebrity runway show

Fashion walks away from the celebrity runway show

As the collections start, fashion editor Alexander Fury finds video and the internet are proving more attractive
Meet the stars of TV's Wolf Hall... and it's not the cast of the Tudor trilogy

Meet the stars of TV's Wolf Hall...

... and it's not the cast of the Tudor trilogy
Weekend at the Asylum: Europe's biggest steampunk convention heads to Lincoln

Europe's biggest steampunk convention

Jake Wallis Simons discovers how Victorian ray guns and the martial art of biscuit dunking are precisely what the 21st century needs
Don't swallow the tripe – a user's guide to weasel words

Don't swallow the tripe – a user's guide to weasel words

Lying is dangerous and unnecessary. A new book explains the strategies needed to avoid it. John Rentoul on the art of 'uncommunication'
Daddy, who was Richard Attenborough? Was the beloved thespian the last of the cross-generation stars?

Daddy, who was Richard Attenborough?

The atomisation of culture means that few of those we regard as stars are universally loved any more, says DJ Taylor
She's dark, sarcastic, and bashes life in Nowheresville ... so how did Kacey Musgraves become country music's hottest new star?

Kacey Musgraves: Nashville's hottest new star

The singer has two Grammys for her first album under her belt and her celebrity fans include Willie Nelson, Ryan Adams and Katy Perry
American soldier-poet Brian Turner reveals the enduring turmoil that inspired his memoir

Soldier-poet Brian Turner on his new memoir

James Kidd meets the prize-winning writer, whose new memoir takes him back to the bloody battles he fought in Iraq
Aston Villa vs Hull match preview: Villa were not surprised that Ron Vlaar was a World Cup star

Villa were not surprised that Vlaar was a World Cup star

Andi Weimann reveals just how good his Dutch teammate really is
Bill Granger recipes: Our chef ekes out his holiday in Italy with divine, simple salads

Bill Granger's simple Italian salads

Our chef presents his own version of Italian dishes, taking in the flavours and produce that inspired him while he was in the country
The Last Word: Tumbleweed through deserted stands and suites at Wembley

The Last Word: Tumbleweed through deserted stands and suites at Wembley

If supporters begin to close bank accounts, switch broadband suppliers or shun satellite sales, their voices will be heard. It’s time for revolution