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

Ashdown Group: Practice Accountant - Bournemouth - £38,000

£32000 - £38000 per annum: Ashdown Group: A successful accountancy practice in...

SThree: Trainee Recruitment Consultant

£18000 - £23000 per annum + Uncapped commission: SThree: Does earning a 6 figu...

Recruitment Genius: SEO Executive

£18000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: New Lift Sales Executive - Lift and Elevators

£35000 - £40000 per annum: Recruitment Genius: A challenging opportunity for a...

The Business Matrix: Thursday 17 October 2013

Delays trigger share price drop

Shares in Ubisoft fell more than 26 per cent after the games developer behind the Far Cry and Assassin’s Creed series revealed that the delay of two titles would substantially hit revenues and push it into the red. The Paris-based studio said new titles Watch Dog and The Crew would both be delayed several months, missing the holiday season.

Profits boost for Bank of America

Bank of America managed third-quarter profits of $2.22bn (£1.38bn), the second-biggest bank in the US announced yesterday, as provisions for credit losses and expenses fell. While this was slightly less than Wall Street had been expecting, it was still an improvement from the $33m loss posted for the same three months last year.

Foreign exchange probe announced

A City watchdog has confirmed it is conducting a formal investigation into “a number of firms” over suspected manipulation of the lightly regulated foreign exchange market. The Financial Conduct Authority said it was working with several regulators. Swiss traders have already confirmed they are also involved.

Barclays tops complaints list

Barclays has retained its title as the UK’s most-complained-about financial firm. It attracted 370,733 complaints in the first half of 2013, the Financial Conduct Authority said, although that was a fall of 11 per cent over the previous six months. Lloyds TSB was second with 253,735. Almost two-thirds of complaints were about mis-sold PPI.

Future’s looking up for publisher

The digital publisher Future said it was on course to deliver a dividend for the first time since 2011, as it announced that results to the end of September will meet expectations. Future, whose titles include Total Film, said there was “encouraging momentum” and ad bookings are up more than 30 per cent.

Tungsten AIM float a success

The City entrepreneur Edi Truell successfully floated one of the largest companies on the AIM for several years yesterday. Tungsten, which runs electronic invoice discounting for companies, raised £160m through a placing at 225p a share. The shares ended the day at 232.75p, valuing the business at £233m.

Kier complete R and K purchase

Administrators for Nottingham-based R and K Landscapes have sold the company’s last remaining division to Kier May Gurney, the infrastructure group. The disposal of the water utility repairs and maintenance arm safeguards 53 out of 62 jobs, FRP Advisory said.

Mobile gamblers boost Netplay

NetPlay, which runs the sites SuperCasino.com and Jackpot247.com, said mobile and tablet computers accounted for 40 per cent of all new depositing casino players and 32 per cent of total net revenues, up from 14 per cent a year ago. Revenues rose 19 per cent to £6.5m.

Vertu posts strong first-half revenues

Vertu Motors, which has 99 sales and aftersales outlets in the UK, said “very strong momentum” in the new car market and a period of stability in used cars helped its revenues improve by a third to £837m in the six months to 31 August.

Heathrow chair joins BBA aviation

City heavyweight Sir Nigel Rudd, the chairman of Heathrow, is to take on the same role at BBA Aviation, the aircraft services firm which is a major contractor at the airport. Sir Nigel is to replace Michael Harper – who retires in May.

Latest stories from i100
Career Services

Day In a Page

The saffron censorship that governs India: Why national pride and religious sentiment trump freedom of expression

The saffron censorship that governs India

Zareer Masani reveals why national pride and religious sentiment trump freedom of expression
Prince Charles' 'black spider' letters to be published 'within weeks'

Prince Charles' 'black spider' letters to be published 'within weeks'

Supreme Court rules Dominic Grieve's ministerial veto was invalid
Distressed Zayn Malik fans are cutting themselves - how did fandom get so dark?

How did fandom get so dark?

Grief over Zayn Malik's exit from One Direction seemed amusing until stories of mass 'cutting' emerged. Experts tell Gillian Orr the distress is real, and the girls need support
The galaxy collisions that shed light on unseen parallel Universe

The cosmic collisions that have shed light on unseen parallel Universe

Dark matter study gives scientists insight into mystery of space
The Swedes are adding a gender-neutral pronoun to their dictionary

Swedes introduce gender-neutral pronoun

Why, asks Simon Usborne, must English still struggle awkwardly with the likes of 's/he' and 'they'?
Disney's mega money-making formula: 'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan

Disney's mega money-making formula

'Human' remakes of cartoon classics are part of a lucrative, long-term creative plan
Lobster has gone mainstream with supermarket bargains for £10 or less - but is it any good?

Lobster has gone mainstream

Anthea Gerrie, raised on meaty specimens from the waters around Maine, reveals how to cook up an affordable feast
Easter 2015: 14 best decorations

14 best Easter decorations

Get into the Easter spirit with our pick of accessories, ornaments and tableware
Paul Scholes column: Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season

Paul Scholes column

Gareth Bale would be a perfect fit at Manchester United and could turn them into serious title contenders next season
Inside the Kansas greenhouses where Monsanto is 'playing God' with the future of the planet

The future of GM

The greenhouses where Monsanto 'plays God' with the future of the planet
Britain's mild winters could be numbered: why global warming is leaving UK chillier

Britain's mild winters could be numbered

Gulf Stream is slowing down faster than ever, scientists say
Government gives £250,000 to Independent appeal

Government gives £250,000 to Independent appeal

Donation brings total raised by Homeless Veterans campaign to at least £1.25m
Oh dear, the most borrowed book at Bank of England library doesn't inspire confidence

The most borrowed book at Bank of England library? Oh dear

The book's fifth edition is used for Edexcel exams
Cowslips vs honeysuckle: The hunt for the UK’s favourite wildflower

Cowslips vs honeysuckle

It's the hunt for UK’s favourite wildflower
Child abuse scandal: Did a botched blackmail attempt by South African intelligence help Cyril Smith escape justice?

Did a botched blackmail attempt help Cyril Smith escape justice?

A fresh twist reveals the Liberal MP was targeted by the notorious South African intelligence agency Boss