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

Recruitment Genius: Multi Skilled Engineer - Electrical / Mechanical / Maintenance

£20000 - £30000 per annum: Recruitment Genius: A multi-skilled engineer with a...

Recruitment Genius: Electronic Service Engineer - Television & HI-FI

£17000 - £21000 per annum: Recruitment Genius: Engineers for field & bench ser...

Recruitment Genius: Digital Designer - Award Winning Agency

£30000 - £40000 per annum: Recruitment Genius: A fantastic opportunity for a t...

Recruitment Genius: Project Manager

£35000 - £50000 per annum: Recruitment Genius: This global provider of call ce...

The Business Matrix: Tuesday 18 February 2014

More passengers for Channel trains

More than four million extra train passengers could be travelling by Channel Tunnel by 2020, according to a report commissioned by its owner, Eurotunnel. High-speed services to Geneva, Amsterdam, Cologne and Frankfurt – proposed by operators Eurostar and Deutsche Bahn – could add 2.5 million passengers within six years.

Yorkshire to pay back £8m in fees

Yorkshire Building Society is to refund £8.4m to some 33,900 customers whom it charged administration fees when they fell behind on mortgage payments. Yorkshire said that it  would repay all fees charged on arrears for  the period, not just those which were wrongly charged. The average payout will be £247.

Growth slump hits recovery plan

Japanese growth slowed sharply at the end of last year, putting pressure on the central bank to pump billions more into recovery efforts. Growth of 0.3 per cent between October and December was well below expectations. Economists expect it to pick up again in the present quarter as shoppers rush to beat an April VAT hike.

Marine group to float at £600m

Gulf Marine Services is to float in London with a valuation of more than $1bn (£600m). The company, which wants to raise $100m, has the largest independent fleet of self-propelled self-elevated support vessels in the world. They are used for working on oil and gas platforms from the Middle East  to the North Sea.

Fund boss reduces Hargreaves stake

John Alexander, manager of the £282m Hansa Trust, has sold 160,000 shares in Hargreaves Services for almost £1.4m, still leaving Hansa with 2.5 per cent of the coal group. The disposal came after Hargreaves released interim results that were welcomed by the market, with a 28 per cent dividend hike.

Ofgem to curb firms’ profits

The energy regulator, Ofgem, has announced plans to curb the profits of Britain’s electricity distribution companies after they were criticised for a slow response to power cuts over the Christmas. Ofgem said it would cap cost of capital for most distributors at 3.8 per cent in 2015-16, with further falls ahead.

Google buys log-in tech firm

Google has bought an Israeli start-up that lets people use sound to log in to websites securely. Slick Login’s technology broadcasts almost-inaudible sound from a computer’s speakers, picked up by a smartphone app. The app returns a signal, replacing passwords.

Occupancy at 97% for Hammerson

The retail park group Hammerson said occupancy was up at 97.7 per cent last year. Rental income rose by  2.1 per cent while new space let to retailers rose 25 per cent. It is spending £500m over three years to expand Brent Cross and its joint venture in Croydon.

Salaries rise as currency dives

The miners Kazakhmys and ENRC are to raise salaries in Kazakhstan by 10 per cent after devaluation of the currency, the tenge. President Nursultan Nazarbayev said the country’s largest exporters should raise pay to protect workers.

Telecom Plus hikes dividend

The utility services company Telecom Plus has hiked its  dividend for the year by 13 per cent to 35p. The company, which trades as Utility Warehouse, said customers rose to 513,379 in the last three months of 2013 from 494,940.

Latest stories from i100
Career Services

Day In a Page

Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor
The ZX Spectrum has been crowd-funded back into play - with some 21st-century tweaks

The ZX Spectrum is back

The ZX Spectrum was the original - and for some players, still the best. David Crookes meets the fans who've kept the games' flames lit
Grace of Monaco film panned: even the screenwriter pours scorn on biopic starring Nicole Kidman

Even the screenwriter pours scorn on Grace of Monaco biopic

The critics had a field day after last year's premiere, but the savaging goes on
Menstrual Hygiene Day: The strange ideas people used to believe about periods

Menstrual Hygiene Day: The strange ideas people once had about periods

If one was missed, vomiting blood was seen as a viable alternative
The best work perks: From free travel cards to making dreams come true (really)

The quirks of work perks

From free travel cards to making dreams come true (really)
Is bridge the latest twee pastime to get hip?

Is bridge becoming hip?

The number of young players has trebled in the past year. Gillian Orr discovers if this old game has new tricks
Long author-lists on research papers are threatening the academic work system

The rise of 'hyperauthorship'

Now that academic papers are written by thousands (yes, thousands) of contributors, it's getting hard to tell workers from shirkers
The rise of Lego Clubs: How toys are helping children struggling with social interaction to build better relationships

The rise of Lego Clubs

How toys are helping children struggling with social interaction to build better relationships
5 best running glasses

On your marks: 5 best running glasses

Whether you’re pounding pavements, parks or hill passes, keep your eyes protected in all weathers
Joe Root: 'Ben Stokes gives everything – he’s rubbing off on us all'

'Ben Stokes gives everything – he’s rubbing off on us all'

Joe Root says the England dressing room is a happy place again – and Stokes is the catalyst
Raif Badawi: Wife pleads for fresh EU help as Saudi blogger's health worsens

Please save my husband

As the health of blogger Raif Badawi worsens in prison, his wife urges EU governments to put pressure on the Saudi Arabian royal family to allow her husband to join his family in Canada