The Business Matrix: Thursday 22 August 2013 - matrix - i - The Independent
Today's letter from the Editor
Today's Matrices
iJobs Job Widget
iJobs General

HR Manager - Kent - £45,000

£40000 - £45000 per annum: Ashdown Group: HR Manager / Training Manager (L&D /...

Senior QA Engineer - Agile, SCRUM

£35000 - £50000 per annum + benefits: Ashdown Group: Senior QA Engineer (Agil...

Marketing Executive - West Midlands - £28,000

£26000 - £28000 per annum: Ashdown Group: Digital Marketing Executive (SEO, PP...

Retail Business Analyst

£40000 - £50000 Per Annum: Clearwater People Solutions Ltd: Our retail client ...

The Business Matrix: Thursday 22 August 2013

Beckham replays a winning move

The footballer David Beckham has stripped off – again – in the latest promotional campaign for his line of underwear for the high street chain H&M. The Swedish fashion giant this week thanked the Beckham boost for its UK arm’s rise in pre-tax profit to £17.8m in the year to  30 November 2012, up from £15.7m the previous year.

Beer volumes fall as austerity bites

Both Heineken and Carlsberg have reported falling beer sales in the first half of the year as consumers across Europe faced bad weather, big tax hikes and continued austerity. Heineken, the world’s third-largest brewer, said the volume of beer it sold in the UK and western Europe dropped by 8 per cent in the six months.

Allen joins ISS ahead of listing

Sir Charles Allen, the former ITV boss, is the new chair of the Danish cleaning giant ISS ahead of its expected stock market listing. ISS – best known for its failed £5.2bn merger with Britain’s G4S that would have created the world’s biggest security and cleaning services company – is owned by the private equity group EQT.

Customer repaid for fraud cover

Banks will be forced by the regulator to repay up to £1.5bn to customers who were mis-sold identity theft and credit card protection. Banks sold the cover, from company called CPP, over several years but the insurer was accused of overstating the risks of identity theft and providing cover that customers already had.

10,000 rooms  get a fresh look

The Travelodge budget hotel chain says it has completed 10,000 room refurbishments under its £57m renovation scheme. It said a 150-strong team was working to refurbish 50 rooms a day, with more than 100 hotels revamped in less than five months. The latest update was at Leeds Colton.

Virgin Money gets top-level talent

Virgin Money, which bought the nationalised bank Northern Rock, has boosted its management team by appointing Michele Greene, a director at the credit card giant MBNA, as director of banking. Royal Bank of Scotland executive Lee Rochford was also named as its new finance director.

Robinson sees better first half

The plastic and paperboard packaging company Robinson saw its first-half pre-tax profits surge to £2.2m from £600,000 a year earlier. It said customers reported subdued demand for premium branded products, but new contracts helped its  revenues rise 14 per cent.

Glanbia expects further gains

The dairy food producer Glanbia has reported a rise in first-half pre-tax profits to €95m (£81m) from €88m a year earlier. The company, based in Kilkenny, Ireland, said the outlook for the full year remained positive, despite “some challenges” on the horizon.

Clasper follows a new thread

Mike Clasper, the former chief executive of the airports group BAA, has been named chairman of Coats, the world’s biggest producer of sewing threads. Coats’s owner, Guinness Peat, is preparing the company for a return to the stock market.

Hochschild hit by falling prices

Hochschild Mining, the silver group that supplied tin to the allied forces during the Second World War, has slumped to an interim $48.7m (£31.1m) pre-tax loss from a $92.3m profit a year ago, following a sharp fall in average product prices.

Career Services

Day In a Page

Mystery of the Ground Zero wedding photo

A shot in the dark

Mystery of the wedding photo from Ground Zero
His life, the universe and everything

His life, the universe and everything

New biography sheds light on comic genius of Douglas Adams
Save us from small screen superheroes

Save us from small screen superheroes

Shows like Agents of S.H.I.E.L.D are little more than marketing tools
Reach for the skies

Reach for the skies

From pools to football pitches, rooftop living is looking up
These are the 12 best hotel spas in the UK

12 best hotel spas in the UK

Some hotels go all out on facilities; others stand out for the sheer quality of treatments
These Iranian-controlled Shia militias used to specialise in killing American soldiers. Now they are fighting Isis, backed up by US airstrikes

Widespread fear of Isis is producing strange bedfellows

Iranian-controlled Shia militias that used to kill American soldiers are now fighting Isis, helped by US airstrikes
Topshop goes part Athena poster, part last spring Prada

Topshop goes part Athena poster, part last spring Prada

Shoppers don't come to Topshop for the unique
How to make a Lego masterpiece

How to make a Lego masterpiece

Toy breaks out of the nursery and heads for the gallery
Meet the ‘Endies’ – city dwellers who are too poor to have fun

Meet the ‘Endies’ – city dwellers who are too poor to have fun

Urbanites are cursed with an acronym pointing to Employed but No Disposable Income or Savings
Paisley’s decision to make peace with IRA enemies might remind the Arabs of Sadat

Ian Paisley’s decision to make peace with his IRA enemies

His Save Ulster from Sodomy campaign would surely have been supported by many a Sunni imam
'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

'She was a singer, a superstar, an addict, but to me, her mother, she is simply Amy'

Exclusive extract from Janis Winehouse's poignant new memoir
Is this the role to win Cumberbatch an Oscar?

Is this the role to win Cumberbatch an Oscar?

The Imitation Game, film review
England and Roy Hodgson take a joint step towards redemption in Basel

England and Hodgson take a joint step towards redemption

Welbeck double puts England on the road to Euro 2016
Relatives fight over Vivian Maier’s rare photos

Relatives fight over Vivian Maier’s rare photos

Pictures removed from public view as courts decide ownership
‘Fashion has to be fun. It’s a big business, not a cure for cancer’

‘Fashion has to be fun. It’s a big business, not a cure for cancer’

Donatella Versace at New York Fashion Week