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

Commercial Property

Excellent Salary: Austen Lloyd: KENT MARKET TOWN - An exciting new role has ar...

Financial Accountants, Cardiff, £250 p/day

£180 - £250 per day + competitive: Orgtel: Financial Accountants - Key Banking...

Regulatory Reporting-MI-Bank-Cardiff-£300/day

£200 - £500 per day + competitive: Orgtel: I am currently working on a large p...

Recruitment Consultant - Bristol - Computer Futures - £18-25k

£18000 - £25000 per annum + Commission: SThree: Computer Futures are currently...

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.

Career Services

Day In a Page

Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup
Save the tiger: The day America’s love of backyard tigers led to a horrific bloodbath

The day America’s love of backyard tigers led to a horrific bloodbath

With only six per cent of the US population of these amazing big cats held in zoos, the Zanesville incident in 2011 was inevitable
Samuel Beckett's biographer reveals secrets of the writer's time as a French Resistance spy

How Samuel Beckett became a French Resistance spy

As this year's Samuel Beckett festival opens in Enniskillen, James Knowlson, recalls how the Irish writer risked his life for liberty and narrowly escaped capture by the Gestapo
We will remember them: relatives still honour those who fought in the Great War

We will remember them

Relatives still honour those who fought in the Great War
Star Wars Episode VII is being shot on film - and now Kodak is launching a last-ditch bid to keep celluloid alive

Kodak's last-ditch bid to keep celluloid alive

Director J J Abrams and a few digital refuseniks shoot movies on film. Simon Usborne wonders what the fuss is about
Once stilted and melodramatic, Hollywood is giving acting in video games a makeover

Acting in video games gets a makeover

David Crookes meets two of the genre's most popular voices