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

Junior / Graduate Application Support Engineer

£26000 per annum: Ashdown Group: A highly successful international media organ...

QA Manager - North Manchester - Nuclear & MOD - £40k+

£35000 - £41000 per annum + competitive: Progressive Recruitment: QA Manager -...

Property Finance Partner

Very Competitive Salary: Austen Lloyd: LONDON - BANKING / PROPERTY FINANCE - ...

Agile Tester

£28000 - £30000 per annum + competitive: Progressive Recruitment: An ambitious...

The Business Matrix: Thursday 12 April 2012

BP braced for protests at AGM

BP will run the gauntlet of protests from environmentalists and investors alike at its annual meeting today. Investors are angry about its weak shares and executive pay. Protestors from the Gulf of Mexico coast are still angry about the US's worse ever oil spill, while other groups are opposed to the exploitation of Canada's tar sands.

Terry Smith pockets £7.5m

Terry Smith, one of the City's most colourful characters, picked up £7.5m in pay, bonuses and dividends last year as chief executive of broker Tullett Prebon. That was despite taking a modest cut in his annual bonus as pre-tax profits at Tullett fell 9 per cent to £136m and it shed 180 staff in an effort to cut costs in tough financial markets.

Stagecoach bus boss to step down

One of Stagecoach's former bus conductors, who rose tobe boss of the transport firm's bus business over a 40-year career, will retire next May. Les Warneford has been managing director of Stagecoach's UK bus division for 12 years but started his career as a conductor, driver and then traffic officer.

Former BP exec makes comeback

Maxim Barsky, the executive best known for quitting oil giant BP's Russian joint venture after missing out on the top job, is making a comeback with a £4.6m investment in the Russia-focused company Matra Petroleum. Mr Barsky was deputy chief executive at TNK-BP until he left in October. He will take a 29.8 per cent stake in Matra.

Mad Dog devours BHP investment

The mining giant BHP Billiton is to invest $708m (£445m) to expand its Mad Dog joint venture with BP and Chevron in the Gulf of Mexico. The new facility, an extension of the existing development dubbed Mad Dog Phase 2, is expected to produce about 130,000 barrels of oil a day and be up and running in 2018.

New stores boost Dunelm revenues

A strong start to the year in January tailed off in February and March as more shoppers stayed at home, said the soft furnishing chain Dunelm. The retailer boosted its total sales by 10.7 per cent to £154.1m, thanks to its new stores. But the chain's like-for-like revenues rose by just 0.6 per cent in its third quarter.

Activist buys into medical-care firm

Activist investor Peter Gyllenhammar has near-doubled his stake in primary-medical-care provider and AIM favourite CareCapital from 5.55 million shares to 9.55 million, or 6.4 per cent, worth £48,736 at a share price of 1.5p. His move comes as the firm reorganises to focus on cancer therapeutics.

WS Atkins signals rebound in hiring

Confidence over an industry recovery in the UK encouraged Olympic engineer WS Atkins to start hiring staff in the second half of last year. The consultancy said it would hit expectations for its full-year results, explaining: "The UK region ended the year well." Britain makes up about half of Atkins's revenues.

Career Services

Day In a Page

A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried