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

Recruitment Genius: PHP / Drupal / SaaS Developer

£32000 - £36000 per annum: Recruitment Genius: A rapidly developing company in...

Ashdown Group: Application Architect/Developer - Peterborough

Negotiable: Ashdown Group: Application Architect/Developer - Peterborough, Cam...

Ashdown Group: C# Developer - (C#, VB.Net, SQL, Git, TDD)

Negotiable: Ashdown Group: Developer (C#, VB & ASP.Net, SQL Server, TSQL) - Pe...

Ashdown Group: Business Relationship Manager

Negotiable: Ashdown Group: Business Relationship Manager - Enfield, North Lond...

The Business Matrix: Tuesday 18 December 2012

H&M sales 'not as bad as feared'

H&M yesterday posted some encouraging news for the high street, with the Swedish fashion giant revealing trading last month had not been as bad as feared. The group, which is the second-largest clothing retailer in the world, said like-for-like sales had fallen 1 per cent in November, better than analysts were expecting.

Santander fully absorbs Banesto

Spain's largest bank, Santander, is taking full ownership of its 90 per cent-owned subsidiary Banesto, the latest move in a round of consolidation among the country's lenders. The absorption will cost Santander about €218m (£177m). It will pay a 25 per cent premium to Banesto's closing price on the Madrid stock exchange on Friday.

MoD set for £1bn in radio sell-off

The Ministry of Defence is to raise as much as £1bn with a sell-off of some of the radio spectrum it owns, in a move which should help the public finances, as well as boost the introduction of 4G mobile services. Although about half of the spectrum is used for military purposes, telecoms suppliers are pressing to buy more.

Bupa in £244m dentistry deal

The private healthcare group Bupa has agreed to take over Australia and New Zealand's largest dentistry chain for £244m. Dental Corporation runs 190 clinics in the two countries and employs more than 560 dentists. The move comes after Bupa's announcement in July that it would pump millions into dentistry.

Kingsnorth power station closes

Britain's 1,940 megawatt Kings- north coal-fired power station ceased commercial operations on Monday, and decommissioning work will be completed by the end of March 2013, operator E.ON said.The power station, has closed because of the EU's Large Combustion Plant Directive legislation.

Yen plunges after landslide victory

The yen plunged yesterday as traders bet on a huge expansion in money printing from Japan's central bank in the wake of a landslide election victory for the Liberal Democratic Party. The triumph of former prime minister Shinzo Abe, who is committed to aggressive monetary easing, sent the dollar to ¥84.48.

State bailout for Italian bank

The European Commission has given its preliminary approval to a €3.9bn ($5.1bn) state bailout for Banca Monte dei Paschi di Siena, ending months of uncertainty for Italy's third-biggest lender. The approval is conditional on the bank restructuring.

Probe into CF Arch Cru funds

Financial advisers must contact thousands of people who bought into two Guernsey funds to see if they are eligible for compensation after mis-selling. The Financial Services Authority said up to 800 advisers who recommended the two CF Arch Cru funds should contact clients.

Centamin set to restart mine work

Egypt-focused Centamin said it expected operations at its mine to restart soon, helping the stock recover losses from last week when troubles with government officials disrupted its business. Shares in Centamin jumped 26 per cent to 43.5 pence.

Deutsche Bank names Lambert

Deutsche Bank has named Richard Lambert, the former Bank of England Monetary Policy Committee member, as an adviser, helping the bank to adapt to regulatory changes and guidance on financial markets that have an impact on clients.

Latest stories from i100
Career Services

Day In a Page

Woman who was sent to three Nazi death camps describes how she escaped the gas chamber

Auschwitz liberation 70th anniversary

Woman sent to three Nazi death camps describes surviving gas chamber
DSK, Dodo the Pimp, and the Carlton Hotel

The inside track on France's trial of the year

Dominique Strauss-Kahn, Dodo the Pimp, and the Carlton Hotel:
As provocative now as they ever were

Sarah Kane season

Why her plays are as provocative now as when they were written
Murder of Japanese hostage has grim echoes of a killing in Iraq 11 years ago

Murder of Japanese hostage has grim echoes of another killing

Japanese mood was against what was seen as irresponsible trips to a vicious war zone
Syria crisis: Celebrities call on David Cameron to take more refugees as one young mother tells of torture by Assad regime

Celebrities call on David Cameron to take more Syrian refugees

One young mother tells of torture by Assad regime
The enemy within: People who hear voices in their heads are being encouraged to talk back – with promising results

The enemy within

People who hear voices in their heads are being encouraged to talk back
'In Auschwitz you got used to anything'

'In Auschwitz you got used to anything'

Survivors of the Nazi concentration camp remember its horror, 70 years on
Autumn/winter menswear 2015: The uniforms that make up modern life come to the fore

Autumn/winter menswear 2015

The uniforms that make up modern life come to the fore
'I'm gay, and plan to fight military homophobia'

'I'm gay, and plan to fight military homophobia'

Army general planning to come out
Iraq invasion 2003: The bloody warnings six wise men gave to Tony Blair as he prepared to launch poorly planned campaign

What the six wise men told Tony Blair

Months before the invasion of Iraq in 2003, experts sought to warn the PM about his plans. Here, four of them recall that day
25 years of The Independent on Sunday: The stories, the writers and the changes over the last quarter of a century

25 years of The Independent on Sunday

The stories, the writers and the changes over the last quarter of a century
Homeless Veterans appeal: 'Really caring is a dangerous emotion in this kind of work'

Homeless Veterans appeal

As head of The Soldiers' Charity, Martin Rutledge has to temper compassion with realism. He tells Chris Green how his Army career prepared him
Wu-Tang Clan and The Sexual Objects offer fans a chance to own the only copies of their latest albums

Smash hit go under the hammer

It's nice to pick up a new record once in a while, but the purchasers of two latest releases can go a step further - by buying the only copy
Geeks who rocked the world: Documentary looks back at origins of the computer-games industry

The geeks who rocked the world

A new documentary looks back at origins of the computer-games industry
Belle & Sebastian interview: Stuart Murdoch reveals how the band is taking a new direction

Belle & Sebastian is taking a new direction

Twenty years ago, Belle & Sebastian was a fey indie band from Glasgow. It still is – except today, as prime mover Stuart Murdoch admits, it has a global cult following, from Hollywood to South Korea