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

Tradewind Recruitment: Science Teacher

£90 - £140 per day: Tradewind Recruitment: I am currently working in partnersh...

Recruitment Genius: Doctors - Dubai - High "Tax Free" Earnings

£96000 - £200000 per annum: Recruitment Genius: Looking for a better earning p...

Recruitment Genius: PHP Developer

£32000 - £36000 per annum: Recruitment Genius: A rapidly expanding company in ...

Recruitment Genius: PA

Negotiable: Recruitment Genius: A PA is required to join a leading provider of...

The Business Matrix: Thursday 19 May 2011

Magners ad boosts C&C cider sales

Magners brewer C&C said cider continued to find favour with drinkers after it reported a 3.6 per cent rise in the brand’s UK sales over the past year. Buoyed by its There’s Method in the Magners advertising campaign, C&C saw an 18 per cent jump in cider sales through off-licences and supermarkets, although this was offset by a 5 per cent fall in pubs.

Rosneft receives new BP proposals

Rosneft, the Russian state oil giant which walked away from an Arctic exploration pact with BP earlier this week, has received new proposals from the UK oil major. “These proposals make it possible to discuss our co-operation outside the agreements which have already expired,” Rosneft said yesterday.

Google maps out Saint Giles offices

Google’s UK arm has signed London’s biggest rental deal of the year so far, with an agreement to rent 160,000 square feet at the Central Saint Giles development in the West End. The site, which was designed by the Italian architect Renzo Piano and which is being developed by Legal & Property and Mitsubishi Estate, is now fully let.

Caterer Compass posts profits rise

Compass, the world’s biggest catering company, has weathered rising food prices and the economic downturn to post a further rise in profits. The group, which provides catering for businesses, schools and venues such as Chelsea Football Club, posted a 10 per cent rise in interim revenues to £7.9bn as profits rose.

Experian profits rise 13 per cent

The credit checking firm Experian lifted revenues by 8 per cent last year as all four of its core regions made progress. Profits rose by 13 per cent to £679m. Revenue growth this year should be in the mid-high single digit range with some margin improvement, the group added.

Pension deals saves Tui £38m

Europe’s biggest tour operator, Tui Travel, said it would save £38m a year after reaching an agreement with its pension trustees over future contributions to the schemes. Tui Travel, which is majority owned by Germany’s Tui AG, also said it agreed new four-year banking facilities worth £1.16bn.

Biba boost for House of Fraser

House of Fraser, the privately owned department store group, has posted a 44 per cent rise in annual profits to £85.7m and issued a £250m bond to give it a cheaper debt structure. The 61-store chain said online sales doubled, helped by the introduction of in-store collection, while labels such as Biba did well.

Sales up at French Connection

French Connection, the listed fashion retailer, has said it is “confident” it will hit its financial targets for the year after a positive reaction to its autumn ranges. Between 1 February and 14 May, robust wholesale volumes helped to lift group revenues by 3.6 per cent, despite a 1.8 per cent fall in retail sales in Europe.

Hershey’s chief to head Del Monte

Hershey’s chief executive David West is leaving the US chocolate giant for Del Monte, the second unexpected CEO departure at Hershey in less than four years. Mr West will take the top job at Del Monte, the fruit-juice and pet food company taken private by private equity firm Kohlberg Kravis Roberts earlier this year.

Wolstenholme to head Crossrail

Crossrail, the manager of the new £15bn London commuter line, has named Balfour Beatty’s Andrew Wolstenholme as its new chief executive. Mr Wolstenholme, who led the construction of Heathrow’s Terminal 5, will succeed Rob Holden, who resigned unexpectedly in January.

Latest stories from i100
Career Services

Day In a Page

Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee
World War Z author Max Brooks honours WW1's Harlem Hellfighters in new graphic novel

Max Brooks honours Harlem Hellfighters

The author talks about race, legacy and his Will Smith film option to Tim Walker
Why the league system no longer measures up

League system no longer measures up

Jon Coles, former head of standards at the Department of Education, used to be in charge of school performance rankings. He explains how he would reform the system
Valentine's Day cards: 5 best online card shops

Don't leave it to the petrol station: The best online card shops for Valentine's Day

Can't find a card you like on the high street? Try one of these sites for individual, personalised options, whatever your taste
Diego Costa: Devil in blue who upsets defences is a reminder of what Liverpool have lost

Devil in blue Costa is a reminder of what Liverpool have lost

The Reds are desperately missing Luis Suarez, says Ian Herbert
Ashley Giles: 'I'll watch England – but not as a fan'

Ashley Giles: 'I'll watch England – but not as a fan'

Former one-day coach says he will ‘observe’ their World Cup games – but ‘won’t be jumping up and down’
Greece elections: In times like these, the EU has far more dangerous adversaries than Syriza

Greece elections

In times like these, the EU has far more dangerous adversaries than Syriza, says Patrick Cockburn
Holocaust Memorial Day: Nazi victims remembered as spectre of prejudice reappears

Holocaust Memorial Day

Nazi victims remembered as spectre of prejudice reappears over Europe
Fortitude and the Arctic attraction: Our fascination with the last great wilderness

Magnetic north

The Arctic has always exerted a pull, from Greek myth to new thriller Fortitude. Gerard Gilbert considers what's behind our fascination with the last great wilderness