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

Recruitment Genius: Call Centre Manager - OTE £50,000

£25000 - £50000 per annum: Recruitment Genius: This innovative online car purc...

Recruitment Genius: Subscriptions and Marketing Assistant

£12500 - £15000 per annum: Recruitment Genius: A subscriptions and marketing a...

Metail Ltd: Business Development Manager for Asia Pacific

£35,000 - £40,000 based on experience : Metail Ltd: As a Business Development ...

Recruitment Genius: Customer Service Supervisor

£15000 - £20000 per annum: Recruitment Genius: This company is a well establis...

The Business Matrix: Thursday 16 May 2013

Sun-seekers lift easyJet shares

Shares in easyJet flew up 8 per cent to a fresh high yesterday as sun-seeking fliers helped to halve its first-half losses and the budget carrier announced a fresh drive to steal corporate customers from BA. Business travellers who buy the airline's more flexible but more expensive "flexi fares" will get free access to fast-track security lanes.

Leoni Sceti named as new Iglo boss

Iglo Group, the owner of Birds Eye, has named Elio Leoni Sceti as its new chief executive. The 47-year-old Italian is best known for his 18 months in charge of EMI Music. He left weeks after EMI's parent posted a £1.75bn annual pre-tax loss. His previous career focused on consumer goods and included a spell at Procter & Gamble.

US pushes profits north at Compass

Strong demand from North America helped pre-tax profits at Compass, the world's biggest caterer, rise 8 per cent to £611m for the six months to April. But Compass, which sells thousands of strawberries each summer at Wimbledon and serves four billion meals a year, said demand in Europe and Japan was down.

IG Metall strikes Bavarian pay deal

Germany's IG Metall engineering union has secured a key deal with employers for a two-stage wage increase for metal and electrical workers in Bavaria. The deal will serve as a basis for a nationwide agreement for 3.7 million employees. The agreement runs for 20 months.

MegaFon beats its earnings forecasts

MegaFon, the Russian mobile operator backed by Russia's richest man, Alisher Usmanov, has raised its core profit margin guidance after beating earnings forecasts and announcing a lavish dividend. The company listed in London last winter.

Garfunkel's owner relishes Q1 sales

The group that owns brands including Frankie & Benny's and Garfunkel's said trading for the first 19 weeks of its financial year had been strong, with total sales up a "very satisfactory" 11 per cent and like-for-like sales 4.5 per cent stronger.

Trade looking good at Lookers

Car retailer Lookers has reported "excellent" trading for the quarter to March, with results ahead of budget and significantly better than they were a year earlier. New car retail sales increased by 13 per cent, which was 2 per cent ahead of the market.

Barratt in £850m refinancing deal

Barratt Developments has agreed a refinancing that will give it committed borrowing facilities of £850m for up to eight years. The process was finished a year ahead of schedule. Average underlying interest was cut from 7 per cent to 4.5 per cent as the house builder's financial position strengthened.

Sales flat at French Connection UK

Fashion retailer French Connection said that underlying sales in its UK retail arm were broadly flat. A strong performance in the early weeks of the year was followed by softer trading in March. The trend has improved again recently and the retailer continues to reap the benefits from turnaround initiatives instigated last year.

Vocal problem won't stop Page

Google CEO Larry Page has disclosed a problem with his vocal cords that makes it difficult for him to speak and breathe occasionally, but he says he remains fit enough to keep running the internet's most influential company. Page says his left vocal cord has been paralysed since he came down with a severe cold 14 years ago.

Latest stories from i100
Career Services

Day In a Page

Greece says 'No': A night of huge celebrations in Athens as voters decisively back Tsipras and his anti-austerity stance in historic referendum

Greece referendum

Greeks say 'No' to austerity and plunge Europe into crisis
Ten years after the 7/7 terror attacks, is Britain an altered state?

7/7 bombings anniversary

Ten years after the terror attacks, is Britain an altered state?
Beautiful evening dresses are some of the loveliest Donatella has created

Versace haute couture review

Beautiful evening dresses are some of the loveliest Donatella has ever created
No hope and no jobs, so Gaza's young risk their lives, climb the fence and run for it

No hope and no jobs in Gaza

So the young risk their lives and run for it
Fashion apps: Retailers roll together shopping and social networking for mobile customers

Fashion apps

Retailers roll together shopping and social networking for mobile customers
The Greek referendum exposes a gaping hole at the heart of the European Union – its distinct lack of any genuine popular legitimacy

Gaping hole at the heart of the European Union

Treatment of Greece has shown up a lack of genuine legitimacy
Number of young homeless in Britain 'more than three times the official figures'

'Everything changed when I went to the hostel'

Number of young homeless people in Britain is 'more than three times the official figures'
Compton Cricket Club

Compton Cricket Club

Portraits of LA cricketers from notorious suburb to be displayed in London
London now the global money-laundering centre for the drug trade, says crime expert

Wlecome to London, drug money-laundering centre for the world

'Mexico is its heart and London is its head'
The Buddhist temple minutes from Centre Court that helps a winner keep on winning

The Buddhist temple minutes from Centre Court

It helps a winner keep on winning
Is this the future of flying: battery-powered planes made of plastic, and without flight decks?

Is this the future of flying?

Battery-powered planes made of plastic, and without flight decks
Isis are barbarians – but the Caliphate is a dream at the heart of all Muslim traditions

Isis are barbarians

but the Caliphate is an ancient Muslim ideal
The Brink's-Mat curse strikes again: three tons of stolen gold that brought only grief

Curse of Brink's Mat strikes again

Death of John 'Goldfinger' Palmer the latest killing related to 1983 heist
Greece debt crisis: 'The ministers talk to us about miracles' – why Greeks are cynical ahead of the bailout referendum

'The ministers talk to us about miracles'

Why Greeks are cynical ahead of the bailout referendum
Call of the wild: How science is learning to decode the way animals communicate

Call of the wild

How science is learning to decode the way animals communicate