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

Recruitment Genius: Senior Digital Marketing Consultant

£28000 - £45000 per annum: Recruitment Genius: A Senior Digital Marketing Cons...

Recruitment Genius: Assistant Stores Keeper

£16640 - £18500 per annum: Recruitment Genius: An Assistant Stores Keeper is r...

Recruitment Genius: Claims Administrator

£16000 - £18500 per annum: Recruitment Genius: This is an excellent opportunit...

Recruitment Genius: Software Developer - C# / ASP.NET / SQL

£17000 - £30000 per annum: Recruitment Genius: Developer required to join a bu...

The Business Matrix: Thursday 21 July 2011

US travellers boost Eurostar

A surge of American travellers using the Eurostar has helped push the train operator’s revenues up 2 per cent in the first half of this year. The high-speed rail group made revenues of £421m and total passenger numbers were up by 3 per cent to 4.7 million between January and June. International travellers in the period rose by 21 per cent.

Future to cut 100 staff in the UK

Future Publishing, whose titles include Total Film, is set to axe a tenth of its 1,000-strong UK workforce and close a series of titles following disappointing results last week. The publishing group revealed at the time that the US operation was to be made “primarily digital”, adding there would be a reorganisation in the UK. Eight titles face closure.

Fall in consumer confidence

Consumer confidence fell in June as high inflation and unemployment combined with low wage growth to weigh on households’ spending power. The fall in confidence was driven by declining future expectations, which made people less willing to splash out, according to research by the Nationwide Building Society.

Water warning for central England

Severn Trent has reported a smaller-than-expected decline in water consumption during an exceptionally dry March and April. The group, which supplies eight million customers across the Midlands and the heart of England, said the recent rain had been helpful, but was not yet enough to rule out hosepipe bans in certain areas.

American Airlines in jumbo order

American Airlines is to buy at least 460 new aircraft over the next five years in a drive to save money on fuel and provide better facilities for passengers. It will buy 260 aircraft from Airbus and 200 from Boeing, while it also has purchase rights for up to 465 additional aircraft through to 2025.

LSE hopes to go it alone

London Stock Exchange, which recently failed to merge with its counterpart in Toronto, said it continued to make good progress on a trading front, after first quarter revenues improved 14 per cent on a year ago to £190m. Analysts said the results boosted the bourse’s chances of not becoming a bid target itself.

Whatafind seeks fresh funding

A clearance website is seeking fresh funding to revive its fortunes. – which works with retailers such as Next and The Conran Shop – is in talks with two potential investors, but its website has been down for a week. EdenVentures, which owns 18 per cent of the firm, has decided against more investment.

Aurum set to pick exclusive bidder

Aurum Holdings, the owner of Goldsmiths, Mappin & Webb and Watches of Switzerland, is poised to grant exclusivity to one of four bidders in its £200m sale process. Dickson Poon, the Hong Kong-based tycoon behind the department store Harvey Nichols, is thought to be one of the interested parties.

Matrix and Le May part company

Matrix Group is parting company with Malcolm Le May, the head of its investment banking business, as the broker reviews the future of the operation. Mr Le May is retiring from Matrix Corporate Capital after two years as CEO. He joined as part of a push to expand into a full-service broker and adviser.

Chiesi sentenced to 2.5 years in jail

Danielle Chiesi, the former hedge fund consultant who admitted passing on illegal tips to Galleon’s founder Raj Rajaratnam, has been sentenced by a Manhattan judge to two-and-a-half years in prison. Rajaratnam was convicted of insider trading in May and will be sentenced in September.

Latest stories from i100
Career Services

Day In a Page

Fishing for votes with Nigel Farage: The Ukip leader shows how he can work an audience as he casts his line to the disaffected of Grimsby

Fishing is on Nigel Farage's mind

Ukip leader casts a line to the disaffected
Who is bombing whom in the Middle East? It's amazing they don't all hit each other

Who is bombing whom in the Middle East?

Robert Fisk untangles the countries and factions
China's influence on fashion: At the top of the game both creatively and commercially

China's influence on fashion

At the top of the game both creatively and commercially
Lord O’Donnell: Former cabinet secretary on the election and life away from the levers of power

The man known as GOD has a reputation for getting the job done

Lord O'Donnell's three principles of rule
Rainbow shades: It's all bright on the night

Rainbow shades

It's all bright on the night
'It was first time I had ever tasted chocolate. I kept a piece, and when Amsterdam was liberated, I gave it to the first Allied soldier I saw'

Bread from heaven

Dutch survivors thank RAF for World War II drop that saved millions
Britain will be 'run for the wealthy and powerful' if Tories retain power - Labour

How 'the Axe' helped Labour

UK will be 'run for the wealthy and powerful' if Tories retain power
Rare and exclusive video shows the horrific price paid by activists for challenging the rule of jihadist extremists in Syria

The price to be paid for challenging the rule of extremists

A revolution now 'consuming its own children'
Welcome to the world of Megagames

Welcome to the world of Megagames

300 players take part in Watch the Skies! board game in London
'Nymphomaniac' actress reveals what it was really like to star in one of the most explicit films ever

Charlotte Gainsbourg on 'Nymphomaniac'

Starring in one of the most explicit films ever
Robert Fisk in Abu Dhabi: The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers

Robert Fisk in Abu Dhabi

The Emirates' out-of-sight migrant workers helping to build the dream projects of its rulers
Vince Cable interview: Charging fees for employment tribunals was 'a very bad move'

Vince Cable exclusive interview

Charging fees for employment tribunals was 'a very bad move'
Iwan Rheon interview: Game of Thrones star returns to his Welsh roots to record debut album

Iwan Rheon is returning to his Welsh roots

Rheon is best known for his role as the Bastard of Bolton. It's gruelling playing a sadistic torturer, he tells Craig McLean, but it hasn't stopped him recording an album of Welsh psychedelia
Morne Hardenberg interview: Cameraman for BBC's upcoming show Shark on filming the ocean's most dangerous predator

It's time for my close-up

Meet the man who films great whites for a living
Increasing numbers of homeless people in America keep their mobile phones on the streets

Homeless people keep mobile phones

A homeless person with a smartphone is a common sight in the US. And that's creating a network where the 'hobo' community can share information - and fight stigma - like never before