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

Recruitment Genius: Trainee Health & Safety Consultant

£16000 - £20000 per annum: Recruitment Genius: A fantastic and exciting opport...

Recruitment Genius: Project and Quality Manager

£28000 - £32000 per annum: Recruitment Genius: This company is an independent ...

Recruitment Genius: Trainee Sales Executive - OTE £20,625

£14625 - £20625 per annum: Recruitment Genius: This role is for an enthusiasti...

Guru Careers: Financial Controller

£45 - £55k DOE: Guru Careers: A Financial Controller is required to join a suc...

The Business Matrix: Tuesday 12 November 2013

Lloyd’s of London pays its respects

Lloyd’s of London came to a standstill yesterday to remember the nation’s war dead and reflect on the sacrifices made by servicemen and women. Brokers and underwriters lined the balconies and escalators of Number One Lime Street to pay their respects during the market’s annual Armistice Day ceremony.

Weak US spending clobbers Cobham

Cobham became the latest UK defence group to cut back its forecasts because of weaker US government spending. Its shares fell as the group said the outlook for its US business, which accounts for about a third of revenues, remained highly uncertain “with the budgetary environment showing signs of further deterioration”.

Lonmin bounce beats expectation 

Lonmin comfortably beat City forecasts with annual profits of $140m (£87.6m) yesterday. But although it has rejigged its management and raised $767m through a rights issue, it said current wage negotiations were proving tough. Lonmin mined 751,000 ounces of platinum, up 10.5 per cent on the previous strike-torn year.

G4S to investigate forgery charges

Security group G4S has launched an internal investigation after a judge referred three of its employees for prosecution for forgery and contempt of court in what he described as a “truly shocking” case. Mr Justice Mostyn said the employees had been involved in forging a document during an immigration appeal.

EE gives Cumbria broadband boost

Mobile phone company EE has switched on its expanded 4G network in rural Cumbria, bringing faster home and office broadband to over 2,000 residents and businesses for the first time. The network has been extended to cover more than 100 square miles, spanning from Wigton to Threlkeld.

Interrupted EU-US talks resume

Trade talks between the United States and European Union resumed yesterday after being delayed by the Washington shutdown. The two are already the world’s largest trading parnters but are discussing ways in which trade and investment between the two of them can be enhanced.

China leads surge in Heathrow traffic

A 19.2 per cent surge in passengers flying between London and China helped Heathrow airport’s overall passenger traffic to grow by 4.6 per cent to 4.3 million in October. Meanwhile, traffic at  rival London airport Gatwick rose to 3.1 million passengers.

Hare quits Apex to keep Sage’s books

Software group Sage has turned to private equity to find its new finance director. From the start of next year Steve Hare, who was a partner at private equity firm Apax, replaces Paul Harrison who, after 16 years in the job, moves to WANdisco.

Caledonia takes on Park caravans

Park Holidays has been acquired by Caledonia Investments in a deal valuing the business at £172m. It is the UK’s fourth largest caravan holiday park operator, having been run by its current management team since January 2006.

Shopping centres selling more space

Shopping centre owner Hammerson said there were further signs of recovery in its markets, particularly the UK, where improving confidence is generating increased demand for retail space. Overall occupancy in its portfolio was 97.1 per cent.

Latest stories from i100
SPONSORED FEATURES
Career Services

Day In a Page

Mullah Omar, creator of the Taliban, is dead... for the fourth time

Mullah Omar, creator of the Taliban, is dead... again

I was once told that intelligence services declare their enemies dead to provoke them into popping up their heads and revealing their location, says Robert Fisk
Margaret Attwood on climate change: 'Time is running out for our fragile, Goldilocks planet'

Margaret Attwood on climate change

The author looks back on what she wrote about oil in 2009, and reflects on how the conversation has changed in a mere six years
New Dr Seuss manuscript discovered: What Pet Should I Get? goes on sale this week

New Dr Seuss manuscript discovered

What Pet Should I Get? goes on sale this week
Oculus Rift and the lonely cartoon hedgehog who could become the first ever virtual reality movie star

The cartoon hedgehog leading the way into a whole new reality

Virtual reality is the 'next chapter' of entertainment. Tim Walker gives it a try
Ants have unique ability to switch between individual and collective action, says study

Secrets of ants' teamwork revealed

The insects have an almost unique ability to switch between individual and collective action
Donovan interview: The singer is releasing a greatest hits album to mark his 50th year in folk

Donovan marks his 50th year in folk

The singer tells Nick Duerden about receiving death threats, why the world is 'mentally ill', and how he can write a song about anything, from ecology to crumpets
Let's Race simulator: Ultra-realistic technology recreates thrill of the Formula One circuit

Simulator recreates thrill of F1 circuit

Rory Buckeridge gets behind the wheel and explains how it works
Twitter accused of 'Facebookisation' over plans to overhaul reverse-chronological timeline

Twitter accused of 'Facebookisation'

Facebook exasperates its users by deciding which posts they can and can’t see. So why has Twitter announced plans to do the same?
Jane Birkin asks Hermès to rename bag - but what else could the fashion house call it?

Jane Birkin asks Hermès to rename bag

The star was shocked by a Peta investigation into the exotic skins trade
10 best waterproof mascaras

Whatever the weather: 10 best waterproof mascaras

We found lash-enhancing beauties that won’t budge no matter what you throw at them
Diego Costa biography: Chelsea striker's route to the top - from those who shared his journey

Diego Costa: I go to war. You come with me...

Chelsea's rampaging striker had to fight his way from a poor city in Brazil to life at the top of the Premier League. A new book speaks to those who shared his journey
Ashes 2015: England show the mettle to strike back hard in third Test

England show the mettle to strike back hard in third Test

The biggest problem facing them in Birmingham was the recovery of the zeitgeist that drained so quickly under the weight of Australian runs at Lord's, says Kevin Garside
Women's Open 2015: Charley Hull - 'I know I'm a good golfer but I'm also just a person'

Charley Hull: 'I know I'm a good golfer but I'm also just a person'

British teen keeps her feet on ground ahead of Women's Open
Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkey's conflict with Kurdish guerrillas in Iraq can benefit Isis in Syria

Turkish President Erdogan could benefit politically from the targeting of the PKK, says Patrick Cockburn
Yvette Cooper: Our choice is years of Tory rule under Jeremy Corbyn or a return to a Labour government

Our choice is years of Tory rule under Corbyn or a return to a Labour government

Yvette Cooper urged Labour members to 'get serious' about the next general election rather than become 'a protest movement'