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

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

The Business Matrix: Saturday 7 May 2011

Sony boss says sorry to customers

Sir Howard Stringer, the British boss of Japanese electronics giant Sony, yesterday issued a public apology to 100 million customers whose personal details may have been stolen in one of the biggest corporate hacking scandals of all time. Sir Howard offered many customers a one-year identity theft insurance policy.

Goldman sees off pay protests

Goldman Sachs has faced down critics of its pay scheme, with shareholders re-electing its directors and approving compensation for top executives at the investment bank’s annual general meeting. But, the bank is continuing to face anger from some investors, including several groups of nuns.

Factory gate prices continue to climb

A sustained fall in commodity costs cannot come quickly enough for British manufacturers – and the UK’s inflation data – with new figures yesterday revealing that prices at the factory gate are continuing to surge. The cost of goods produced by manufacturers rose at an annual rate of 5.3 per cent in April, official data showed.

More companies are going bust

The slow pace of economic recovery led to a rise in the number of businesses falling victim to insolvency during the first three months of the year, official figures show. The number of companies liquidated during the first quarter of 2011 rose by 3.7 per cent to 4,121, the Insolvency Service said.

Commodity prices bounce back

Fears of a sudden and sustained sell-off on the commodities markets receded yesterday as traders welcomed signs of economic recovery in the US, although analysts warned that prices of some raw materials may have been “run up too far” in recent months. The prices of oil, precious metals and soft commodities all rose yesterday following sharp declines in many cases on Thursday.

Lookers bidders given deadline

The consortium which is considering make a takeover offer for the Lookers car dealership chain has been told by The Takeover Panel it has until 8 June to make a bid or walk away for at least six months. Lookers was first approached on 3 May by a consortium made up of Trefick, a private investment vehicle for veteran investor Jack Petchey, real estate firm Moor Park and the venture capitalist Brett Palos.

L&G to vote with National Express

National Express has moved a step closer to defeating the activist shareholder that is seeking to appoint a string of new directors to the company’s board at its annual general meeting next week. Legal & General, the insurer which owns 6 per cent of the transport group, said yesterday that it would vote in favour of National Express’ management at the meeting.

Rentokil struggles to recover

Rentokil Initial said its first-quarter profits had fallen by 10 per cent with its City Link parcels business continuing to frustrate its attempts to revive its fortunes. Rentokil said losses at City Link widened to £10.7m in the three months to 31 March. The chief executive Alan Brown, who joined Rentokil in 2008 with a highly incentivised five-year deal, blamed a difficult parcels market.

Witcomb is new competition tsar

The Business Secretary Vince Cable has announced the appointment of Roger Witcomb as chairman of the Competition Commission on an interim basis for a term of two years. Mr Witcomb succeeds Peter Freeman, whose term of office ended yesterday.

Profits warning hits Helphire hard

Shares in Helphire fell 60 per cent after the supplier of replacement vehicles to drivers involved in accidents said profits for the year to 30 June will be lower than expected because oil prices have reduced car usage. It also warned of an accounting irregularity.

Latest stories from i100
Career Services

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Russell Brand's interview with Ed Miliband has got everyone talking about The Trews

Everyone is talking about The Trews

Russell Brand's 'true news' videos attract millions of viewers. But today's 'Milibrand' interview introduced his resolutely amateurish style to a whole new crowd
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living