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

The Jenrick Group: Quality Inspector

£20000 - £21000 per annum: The Jenrick Group: This high quality manufacturer o...

The Jenrick Group: Electrical Maintenance Engineer

£30000 - £35000 per annum + pension + holidays: The Jenrick Group: Electrical ...

Recruitment Genius: Photo Booth Host

Negotiable: Recruitment Genius: This company offers London's best photo booth ...

Recruitment Genius: Domestic Gas Service Engineers



£25000 - £30000 per annum: Recruitment Genius: Domestic Gas Service Engineers ...

The Business Matrix: Thursday 16 January 2014

H&M sales growth slows

Total December sales at the world’s second-largest clothing retailer, H&M, rose 10 per cent, in line with expectations, but down from the 21 per cent rise in November. The Swedish company added it will take into account only stores open for more than a year as web operations make calculations more complex.

Marks quits Thomas Cook

Peter Marks, former chief executive of the Co-operative Group, is quitting as a non-executive director of Thomas Cook. He joined the travel firm when it effectively took  control of Co-op Travel in 2011 and will leave  next month. Marks, who was also a director of the troubled  Co-op Bank, was paid £70,000 by Thomas Cook last year.

BoA profits soar in final quarter

Bank of America beat Wall Street forecasts in the final quarter of 2013 with post-tax profits rocketing to $3.44bn (£2.09bn) from $732m.  Much of the improvement came from the bank’s domestic consumer business and a  significant reduction in the amount it set aside to cover  bad debts.

Jupiter attracts strong inflows

Jupiter Fund Management’s assets passed the £30bn mark during the fourth quarter of 2013 as investors channelled millions into its funds. It beat expectations in the City by attracting net inflows of some £510m in thelast three months of the year, helped by fixed income and equity products performance.

Provident puts  on brave face

Doorstep lender Provident Financial has insisted it will meet profit forecasts this year, despite weak trading in its consumer credit division. The company said growth in its Vanquis Bank unit would offset the impact of weak consumer confidence in other parts of the business.

Laura Ashley doubles money

Laura Ashley has sold its stake in Moss Bros after doubling its money in six years. It sold its 9.5 million shareholding for £8m after Moss Bros revealed decent trading over Christmas yesterday. The shares were bought at between 42p and 47p in 2008. Yesterday they rose 5.5p to 96p.

Struggle for Telecom Italia

Rebel investor Marco Fossati has asked Telecom Italia  to give minority shareholders more board seats as he seeks to reduce the influence of Spain’s Telefonica over its rival. Telefonica controls Telecom Italia together with three Italian financial institutions.

Raaflaub steps down fom FINMA

The head of Switzerland’s financial regulator, Patrick Raaflaub, will step down at the end of this month as the watchdog helps Swiss banks to work with US officials in a crackdown on wealthy Americans evading taxes. Raaflaub’s five year stint at FINMA was controversial.

Strikes cost  France’s Total

Total lost €500m (£415m) last year at its strike-hit refining business in France. Chief  executive Christophe de Margerie revealed the figure at a hearing of the French Parliamentary Economic Affairs Committee yesterday.

Sanofi searches for antibiotics

French drugmaker Sanofi  is teaming up with a German research centre to find new antibiotics in the natural world, highlighting a re-emerging interest in infectious diseases among certain pharmaceutical companies.

Latest stories from i100
Career Services

Day In a Page

Surrounded by high-rise flats is a little house filled with Lebanon’s history - clocks, rifles, frogmen’s uniforms and colonial helmets

Clocks, rifles, swords, frogmen’s uniforms

Surrounded by high-rise flats is a little house filled with Lebanon’s history
Return to Gaza: Four months on, the wounds left by Israel's bombardment have not yet healed

Four months after the bombardment, Gaza’s wounds are yet to heal

Kim Sengupta is reunited with a man whose plight mirrors the suffering of the Palestinian people
Gastric surgery: Is it really the answer to the UK's obesity epidemic?

Is gastric surgery really the answer to the UK's obesity epidemic?

Critics argue that it’s crazy to operate on healthy people just to stop them eating
Homeless Veterans appeal: Christmas charity auction Part 2 - now LIVE

Homeless Veterans appeal: Christmas charity auction

Bid on original art, or trips of a lifetime to Africa or the 'Corrie' set, and help Homeless Veterans
Pantomime rings the changes to welcome autistic theatre-goers

Autism-friendly theatre

Pantomime leads the pack in quest to welcome all
The week Hollywood got scared and had to grow up a bit

The week Hollywood got scared and had to grow up a bit

Sony suffered a chorus of disapproval after it withdrew 'The Interview', but it's not too late for it to take a stand, says Joan Smith
From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?

Panto dames: before and after

From Widow Twankey to Mother Goose, how do the men who play panto dames get themselves ready for the performance of a lifetime?
Thirties murder mystery novel is surprise runaway Christmas hit

Thirties murder mystery novel is surprise runaway Christmas hit

Booksellers say readers are turning away from dark modern thrillers and back to the golden age of crime writing
Anne-Marie Huby: 'Charities deserve the best,' says founder of JustGiving

Anne-Marie Huby: 'Charities deserve the best'

Ten million of us have used the JustGiving website to donate to good causes. Its co-founder says that being dynamic is as important as being kind
The botanist who hunts for giant trees at Kew Gardens

The man who hunts giants

A Kew Gardens botanist has found 25 new large tree species - and he's sure there are more out there
The 12 ways of Christmas: Spare a thought for those who will be working to keep others safe during the festive season

The 12 ways of Christmas

We speak to a dozen people who will be working to keep others safe, happy and healthy over the holidays
Birdwatching men have a lot in common with their feathered friends, new study shows

The male exhibits strange behaviour

A new study shows that birdwatching men have a lot in common with their feathered friends...
Diaries of Evelyn Waugh, Virginia Woolf and Noël Coward reveal how they coped with the December blues

Famous diaries: Christmas week in history

Noël Coward parties into the night, Alan Clark bemoans the cost of servants, Evelyn Waugh ponders his drinking…
From noble to narky, the fall of the open letter

From noble to narky, the fall of the open letter

The great tradition of St Paul and Zola reached its nadir with a hungry worker's rant to Russell Brand, says DJ Taylor
A Christmas ghost story by Alison Moore: A prodigal daughter has a breakthrough

A Christmas ghost story by Alison Moore

The story was published earlier this month in 'Poor Souls' Light: Seven Curious Tales'