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

Year 5 Teacher

£80 - £140 per day: Randstad Education Leeds: Year 5 Teacher KS2 teaching job...

Software Developer

£35000 - £45000 Per Annum Pensions Scheme After 6 Months: Clearwater People So...

Systems Analyst / Business Analyst - Central London

£35000 - £37000 per annum + Benefits: Ashdown Group: Systems Analyst / Busines...

Senior Change Engineer (Network, Cisco, Juniper) £30k

£30000 - £35000 per annum + Benefits: Ampersand Consulting LLP: Senior Change ...

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.

Latest stories from i100
Career Services

Day In a Page

Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album
Hugh Bonneville & Peter James: 'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'

How We Met: Hugh Bonneville & Peter James

'Peter loves his classic cars; I've always pootled along fine with a Mini Metro. I think I lack his panache'
Bill Granger recipes: Our chef's heavenly crab dishes don't need hours of preparation

Bill Granger's heavenly crab recipes

Scared off by the strain of shelling a crab? Let a fishmonger do the hard work so you can focus on getting the flavours right
Radamel Falcao: How faith and love drive the Colombian to glory

Radamel Falcao: How faith and love drive the Colombian to glory

After a remarkable conversion from reckless defender to prolific striker, Monaco's ace says he wants to make his loan deal at Old Trafford permanent
Terry Venables: Premier League managers must not be allowed to dictate who plays and who does not play for England

Terry Venables column

Premier League managers must not be allowed to dictate who plays and who does not play for England
The Inside Word: Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past

Michael Calvin's Inside Word

Brendan Rodgers looks to the future while Roy Hodgson is ghost of seasons past