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

Year 5 Teacher

£80 - £140 per day: Randstad Education Leeds: Year 5 Teacher KS2 teaching job...

Software Developer

£35000 - £45000 Per Annum Pensions Scheme After 6 Months: Clearwater People So...

Systems Analyst / Business Analyst - Central London

£35000 - £37000 per annum + Benefits: Ashdown Group: Systems Analyst / Busines...

Senior Change Engineer (Network, Cisco, Juniper) £30k

£30000 - £35000 per annum + Benefits: Ampersand Consulting LLP: Senior Change ...

The Business Matrix: Thursday 27 June 2013

Right royal result for Crown Estate

The Queen is nearly £38m better off following record results from her property company, the Crown Estate, an £8bn empire stretching from swaths of London's West End to offshore wind farms. The Crown Estate produced a 5 per cent rise in profits of £252.6m in the year to 31 March. The Treasury gives 15 per cent back to the monarch.

Rebranding for Murdoch's empire

Rupert Murdoch's News Corporation has dropped the name of its troubled UK newspaper arm, News International, and rebranded it as News UK. Mike Darcey, the chief executive, said the rebrand "begins a bright new chapter" for the group, which continues to face allegations over phone hacking and illegal payments.

StanChart shares show small gains

Shares in Standard Chartered, the London bank focused on emerging markets, rose by 1.72 per cent yesterday after it said trading was better than investors feared. Although full-year income is likely to grow by only high single-digit percentages, the bank said the second quarter had seen a sizeable improvement over the first.

US output shows slight growth

The US economy grew by just 1.8 per cent during the first quarter of the year, far below the initial estimate of 2.4 per cent, according to new figures published yesterday in a US Commerce Department report. The figures showed consumers spent less than previously estimated, a sign that higher taxes could be dampening growth.

British Airways sets up bond issue

British Airways has launched a $927m (£605m) publicly traded bond issue, using 14 new planes as collateral. The firm, which is owned by International Airlines Group, is issuing two classes of certificates, backed by a pool of six Boeing 787-8 aircraft, two 777-300 jets and six Airbus 320-200s.

Ashley buys HMV Oxford St store

The flagship Oxford Street store of the fallen music retailer HMV has been snapped up by Mike Ashley, the founder of Sports Direct. The billionaire has struck the deal with HMV's administrator, Deloitte, for the lease on the 60,000 sq ft store. Sports Direct already has a smaller store on Oxford Street.

TM Lewin seeks advice over sale

TM Lewin, the maker of shirts worn by hordes of City workers, is close to appointing advisers to sell the business for up to £100m. Rothschild and Ernst & Young are battling it out for mandate to sell Lewin, which opened its first store in Jermyn Street in London in 1898.

Stagecoach motors ahead

Busier UK buses plus more passengers in the US drove Stagecoach to post an 8 per cent rise in full-year profits to £218.9m. Profits at its North American bus business almost doubled to £49.9m. Stagecoach hiked its full-year dividend by 10 per cent to 8.6p.

Dazzling find for Gem Diamonds

Gem Diamonds has recovered a 100-carat diamond from its Letseng mine in Lesotho – the third such discovery there since May. A 164-carat diamond from Lesotho sold for $9m (£5.9m) last month. Analysts said the stones would sell for at least $6m each.

BP has plans in Adriatic pipeline

The BP-led group developing Azerbaijan's vast gas reserves has chosen the Trans Adriatic Pipeline via Greece to link to Europe, defeating an Austrian route. The project reflects a European Union push for alternatives to Russian gas imports.

Latest stories from i100
Career Services

Day In a Page

Two super-sized ships have cruised into British waters, but how big can these behemoths get?

Super-sized ships: How big can they get?

Two of the largest vessels in the world cruised into UK waters last week
British doctors on brink of 'cure' for paralysis with spinal cord treatment

British doctors on brink of cure for paralysis

Sufferers can now be offered the possibility of cure thanks to a revolutionary implant of regenerative cells
Ranked seventh in world’s best tourist cities - not London, or Edinburgh, but Salisbury

Salisbury ranked seventh in world’s best tourist cities

The city is home to one of the four surviving copies of the Magna Carta, along with the world’s oldest mechanical clock
Let's talk about loss

We need to talk about loss

Secrecy and silence surround stillbirth
Will there be an all-female mission to Mars?

Will there be an all-female mission to Mars?

Women may be better suited to space travel than men are
Oscar Pistorius sentencing: The athlete's wealth and notoriety have provoked a long overdue debate on South African prisons

'They poured water on, then electrified me...'

If Oscar Pistorius is sent to jail, his experience will not be that of other inmates
James Wharton: The former Guard now fighting discrimination against gay soldiers

The former Guard now fighting discrimination against gay soldiers

Life after the Army has brought new battles for the LGBT activist James Wharton
Ebola in the US: Panic over the virus threatens to infect President Obama's midterms

Panic over Ebola threatens to infect the midterms

Just one person has died, yet November's elections may be affected by what Republicans call 'Obama's Katrina', says Rupert Cornwell
Premier League coaches join the RSC to swap the tricks of their trades

Darling, you were fabulous! But offside...

Premier League coaches are joining the RSC to learn acting skills, and in turn they will teach its actors to play football. Nick Clark finds out why
How to dress with authority: Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear

How to dress with authority

Kirsty Wark and Camila Batmanghelidjh discuss the changing role of fashion in women's workwear
New book on Joy Division's Ian Curtis sheds new light on the life of the late singer

New book on Ian Curtis sheds fresh light on the life of the late singer

'Joy Division were making art... Ian was for real' says author Jon Savage
Sean Harris: A rare interview with British acting's secret weapon

Sean Harris: A rare interview with British acting's secret weapon

The Bafta-winner talks Hollywood, being branded a psycho, and how Barbra Streisand is his true inspiration
Tim Minchin, interview: The musician, comedian and world's favourite ginger is on scorching form

Tim Minchin interview

For a no-holds-barred comedian who is scathing about woolly thinking and oppressive religiosity, he is surprisingly gentle in person
Boris Johnson's boozing won't win the puritan vote

Boris's boozing won't win the puritan vote

Many of us Brits still disapprove of conspicuous consumption – it's the way we were raised, says DJ Taylor
Ash frontman Tim Wheeler reveals how he came to terms with his father's dementia

Tim Wheeler: Alzheimer's, memories and my dad

Wheeler's dad suffered from Alzheimer's for three years. When he died, there was only one way the Ash frontman knew how to respond: with a heartfelt solo album