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The Business Matrix: Thursday 3 October 2013

David Page goes back to pizzas

Serial restaurant entrepreneur David Page is going back to his pizza roots. Mr Page's latest vehicle, ISDX-listed Fulham Shore, is making its first investment of around £250,000 opening a branch of Franco Manca in London before Christmas. Mr Page oversaw the £280m sale of PizzaExpress to private equity in 2003.

E.on scraps tariff for the over-60s

Tens of thousands of elderly customers face a rise in their energy bills, after one of the UK's biggest suppliers withdrew a tariff for the over-60s.E.on says it will scrap its StayWarm scheme, which offered fixed-price bills. Rules which limit the number of tariffs that energy companies can offer have been blamed.

Wolfson warns of BlackBerry fallout

The collapse of BlackBerry has hit microchip-maker Wolfson, with the FTSE 250 company warning that cancellations at a "major customer" will dent revenues. The Edinburgh-based electronics firm, which supplies microchips for smartphones, tablets and other consumer electronics, said fourth-quarter revenue would be lower.

Parts supplier hit by demand slump

Electronic parts supplier Electrocomponents' sales grew just 1 per cent in its first half as growth in the US and Europe could not counter a fall in demand in the UK. The group said sales in September, the final month of the half year, had risen by 4 per cent. It said it was investing to improve sales and margins in the medium term.

Dunelm summer sales plunge 5%

Hot weather hit sales at Dunelm over the summer as customers shunned homewares for fun in the sun. The company said like-for-like sales fell 5 per cent during the 13 weeks ending 28 September because fewer people visited its 135 stores. The group said sales were particularly affected in July.

Wall Street urges raised debt ceiling

US bank chiefs met President Barack Obama at the White House yesterday and urged politicians to raise the debt ceiling or threaten the economic recovery. Goldman Sachs chief Lloyd Blankfein chastised refuseniks for using the issue as a "cudgel". Political differences should be separate from the issue, he said.

Just Retirement gets ready to float

Just Retirement looks set to list in London this year after hiring three new advisers to work on its float. The private equity-backed company, which specialises in giving better pensions to ill people, has hired Panmure Gordon, Keefe, Bruyette & Woods and Espirito Santo.

Albermarle on the brink of collapse

Pawnbroker Albemarle & Bond has a month to save itself from collapse after emergency efforts to raise £35m from investors failed. The firm, which has 230 high street shops, saw its shares tumble another 31 per cent as talks with leading shareholder EZCorp broke down.

Regulators close to Google deal

European regulators are close to a settlement with Google in their inquiry into unfair competition. Joaquin Almunia, the EU Commission antitrust chief, said there had been a "significant improvement" in Google's concessions.

Rose takes chair at Healthcare

Former Marks & Spencer boss Sir Stuart Rose has been named as the chairman of Oasis Healthcare group. The private dental care group is owned by Bridgepoint and has more than 200 practices operating across the UK.

Career Services

Day In a Page

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A look at the the legal tourists who exploited our liberal dissolution rules
Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

Tom and Jerry cartoons now carry a 'racial prejudice' warning on Amazon

The vintage series has often been criticised for racial stereotyping
An app for the amorous: Could Good2Go end disputes about sexual consent - without being a passion-killer?

An app for the amorous

Could Good2Go end disputes about sexual consent - without being a passion-killer?
Llansanffraid is now Llansantffraid. Welsh town changes its name, but can you spot the difference?

Llansanffraid is now Llansantffraid

Welsh town changes its name, but can you spot the difference?
Charlotte Riley: At the peak of her powers

Charlotte Riley: At the peak of her powers

After a few early missteps with Chekhov, her acting career has taken her to Hollywood. Next up is a role in the BBC’s gangster drama ‘Peaky Blinders’
She's having a laugh: Britain's female comedians have never had it so good

She's having a laugh

Britain's female comedians have never had it so good, says stand-up Natalie Haynes
Sistine Chapel to ‘sing’ with new LED lights designed to bring Michelangelo’s masterpiece out of the shadows

Let there be light

Sistine Chapel to ‘sing’ with new LEDs designed to bring Michelangelo’s masterpiece out of the shadows
Great British Bake Off, semi-final, review: Richard remains the baker to beat

Tensions rise in Bake Off's pastry week

Richard remains the baker to beat as Chetna begins to flake
Paris Fashion Week, spring/summer 2015: Time travel fashion at Louis Vuitton in Paris

A look to the future

It's time travel fashion at Louis Vuitton in Paris
The 10 best bedspreads

The 10 best bedspreads

Before you up the tog count on your duvet, add an extra layer and a room-changing piece to your bed this autumn
Arsenal vs Galatasaray: Five things we learnt from the Emirates

Arsenal vs Galatasaray

Five things we learnt from the Gunners' Champions League victory at the Emirates
Stuart Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

Lancaster’s long-term deal makes sense – a rarity for a decision taken by the RFU

This deal gives England a head-start to prepare for 2019 World Cup, says Chris Hewett
Ebola outbreak: The children orphaned by the virus – then rejected by surviving relatives over fear of infection

The children orphaned by Ebola...

... then rejected by surviving relatives over fear of infection
Pride: Are censors pandering to homophobia?

Are censors pandering to homophobia?

US film censors have ruled 'Pride' unfit for under-16s, though it contains no sex or violence
The magic of roundabouts

Lords of the rings

Just who are the Roundabout Appreciation Society?