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

Recruitment Genius: Finance Director

£65000 - £80000 per annum: Recruitment Genius: Finance Director required to jo...

Recruitment Genius: Medico-Legal Assistant

£15000 - £25000 per annum: Recruitment Genius: This is a unique opportunity fo...

Ashdown Group: (PHP / Python) - Global Media firm

£50000 per annum + 26 days holiday,pension: Ashdown Group: A highly successful...

The Jenrick Group: Quality Inspector

£27000 per annum + pension + holidays: The Jenrick Group: A Quality Technician...

The Business Matrix: Tuesday 22 October 2013

Bylor and Costain in Hinkley deals

Two British engineers have unveiled contracts to help build the new Hinkley Point nuclear point. Laing O’Rouke’s Bylor joint venture with the French firm Bouygues will help build the plant in a £2bn deal with EDF. Costain is to design and build the water cooling system, with 11km of tunnels connected to the Severn Estuary.

Balfour wins £64m Crossrail contract

Balfour Beatty has been awarded a Crossrail contract by Network Rail for the electrification of a 12.5 mile section of the Great Western main line. The £64m agreement with the infrastructure giant includes overhead line electrification on all lines between Stockley Junction, near Heathrow Airport, and Maidenhead.

Hugo Boss gives Permira a boost

Hugo Boss, the German fashion house, proved another winner for its private equity backer Permira yesterday. After a further recapitalisation of Boss, SVG Capital, the London-listed proxy for Permira, will receive £110.9m cash, equivalent to 47 per cent of its investment. SVG’s remaining stake in Boss has been revalued at £308.6m.

Collapse of Tenon costs Lloyds £57m

Lloyds looks set to lose £57m following the collapse of RSM Tenon in August. The administrators Deloitte expect the taxpayer-backed bank to recover just £29m of the £86m it lent the accountants before its pre-pack  administration, according to Insider Publishing. Baker Tilly bought its rival from the administrators.

Senior untouched by US shutdown

The aerospace parts company Senior, whose clients include American military as well as commercial carriers, said the recent US government shutdown has not affected its bottom line. The firm noted there had been a reduction in government spending but other parts of the business had made up for it.

Surge in web traffic for Lloyd’s List

The owner of the insurance bible Lloyd’s List claimed its website has seen a surge in traffic since it announced plans to axe its print version – the world’s oldest continuously published newspaper. Informa’s revenues rose 1.1 per cent in the last nine months boosted by growth in events, including the Monaco Yacht Show.

Bed maker taps retail investors

The bed and furniture maker Warren Evans has launched a retail bond to finance its expansion plans. Investors will be able to apply for bonds in amounts of £750 and above  paying 7.5 per cent per annum. The three-year bond will raise £2.5m to help fund eight new showrooms.

Pimlico taps into uplift in economy

Pimlico Plumbers credited the upturn in the economy as it achieved an additional £664,000 worth of sales in the first four months of its financial year. The home services firm, which operates within the M25, saw turnover rise nearly 14 per cent to £5.5m in the period.

Waitrose expands  with 300th branch

Waitrose, the food business of the John Lewis Partnership, will this week open its 300th UK branch with a new shop at Helensburgh, Argyll and Bute. In 2000, the chain had 121 shops largely within the South, with Newark its most northerly shop.

Top Starbucks job for pizza man Fox 

Starbucks has announced that former Pizza Hut boss Mark Fox will take over as managing director of the UK business. He will replace Kris Engskov, the American who was at the helm when the coffee chain agreed to pay £20m to the taxman.

Latest stories from i100
Career Services

Day In a Page

Amir Khan: 'The Taliban can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'

Amir Khan attacks the Taliban

'They can threaten me but I must speak out... innocent kids, killed over nothing. It’s sick in the mind'
Homeless Veterans appeal: 'You look for someone who's an inspiration and try to be like them'

Homeless Veterans appeal

In 2010, Sgt Gary Jamieson stepped on an IED in Afghanistan and lost his legs and an arm. He reveals what, and who, helped him to make a remarkable recovery
Could cannabis oil reverse the effects of cancer?

Could cannabis oil reverse effects of cancer?

As a film following six patients receiving the controversial treatment is released, Kate Hilpern uncovers a very slippery issue
The Interview movie review: You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here

The Interview movie review

You can't see Seth Rogen and James Franco's Kim Jong Un assassination film, but you can read about it here
Serial mania has propelled podcasts into the cultural mainstream

How podcasts became mainstream

People have consumed gripping armchair investigation Serial with a relish typically reserved for box-set binges
Jesus Christ has become an unlikely pin-up for hipster marketing companies

Jesus Christ has become an unlikely pin-up

Kevin Lee Light, aka "Jesus", is the newest client of creative agency Mother while rival agency Anomaly has launched Sexy Jesus, depicting the Messiah in a series of Athena-style poses
Rosetta space mission voted most important scientific breakthrough of 2014

A memorable year for science – if not for mice

The most important scientific breakthroughs of 2014
Christmas cocktails to make you merry: From eggnog to Brown Betty and Rum Bumpo

Christmas cocktails to make you merry

Mulled wine is an essential seasonal treat. But now drinkers are rediscovering other traditional festive tipples. Angela Clutton raises a glass to Christmas cocktails
5 best activity trackers

Fitness technology: 5 best activity trackers

Up the ante in your regimen and change the habits of a lifetime with this wearable tech
Paul Scholes column: It's a little-known fact, but I have played one of the seven dwarves

Paul Scholes column

It's a little-known fact, but I have played one of the seven dwarves
Fifa's travelling circus once again steals limelight from real stars

Fifa's travelling circus once again steals limelight from real stars

Club World Cup kicked into the long grass by the continued farce surrounding Blatter, Garcia, Russia and Qatar
Frank Warren column: 2014 – boxing is back and winning new fans

Frank Warren: Boxing is back and winning new fans

2014 proves it's now one of sport's biggest hitters again
Jeb Bush vs Hillary Clinton: The power dynamics of the two first families

Jeb Bush vs Hillary Clinton

Karen Tumulty explores the power dynamics of the two first families
Stockholm is rivalling Silicon Valley with a hotbed of technology start-ups

Stockholm is rivalling Silicon Valley

The Swedish capital is home to two of the most popular video games in the world, as well as thousands of technology start-ups worth hundreds of millions of pounds – and it's all happened since 2009
Did Japanese workers really get their symbols mixed up and display Santa on a crucifix?

Crucified Santa: Urban myth refuses to die

The story goes that Japanese store workers created a life-size effigy of a smiling "Father Kurisumasu" attached to a facsimile of Our Lord's final instrument of torture