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

(Senior) IT Support Engineer - 1st-3rd Line Support

£40000 per annum: Ashdown Group: A successful IT service provider that has bee...

Wind Farm Civil Design Engineer

£55000 - £65000 Per Annum: The Green Recruitment Company: The Green Recruitmen...

Principal Marine Mechanical Engineer

£60000 - £70000 Per Annum: The Green Recruitment Company: The Green Recruitmen...

Principle Geotechnical Engineer

£55000 - £65000 Per Annum: The Green Recruitment Company: The Green Recruitmen...

The Business Matrix: Tuesday 26 February 2013

Kingspan profits buck cool market

The insulation firm Kingspan reported a 12.5 per cent jump in trading profits to €108m (£94m) despite subdued trading conditions in the UK buildings and renovations market, which accounts for 38 per cent of its sales.

BT forced to cut prices

BT faces having to cut prices for high-speed data services in the £2bn-a-year wholesale "leased lines" market under new Ofcom rules. Businesses, mobile operators and broadband providers lease capacity on BT's lines so that they can transfer data. Ofcom said the new rules will reduce the price of newer broadband technology.

Hiscox bows out on a high

Robert Hiscox, the chairman of the Lloyd's insurer which bears his name, bowed out on a high yesterday, telling investors £200m would be returned to them after Hurricane Sandy failed to blow a hole in its 2012's profits. Mr Hiscox said: "As we grow bigger and more balanced, we can absorb Mother Nature's punches."

Kuroda in prime position

Japanese equities were given a boost yesterday by reports that the monetary activist Haruhiko Kuroda will be named as the next governor of the Bank of Japan. The Nikkei 225 Average shot up 2.4 per cent after it emerged that Mr Kuroda, head of the Asian Development Bank, is in pole position to take charge of monetary policy.

Mortgages market slows says BBA

January's snow put the brakes on the growing momentum in the mortgage market after the first fall in the number of home loans since September, according to the British Bankers' Association. Lenders made 32,288 loans for home purchase, down 3.4 per cent on December. Director David Dooks blamed January's "severe weather".

Goldman set for new jobs cull

Goldman Sachs plans to begin a fresh round of job cuts as early as this week, sources familiar with the matter told Reuters. The cuts come at the time of year in which the Wall Street bank typically gets rid of its weakest 5 per cent of employees, but areas such as equity trading are set to be harder hit than others.

Japan to sell stake in cigarette firm

Japan is to sell about a third of its stake in Japan Tobacco, the owner of Benson & Hedges and Silk Cut cigarette brands, to raise about £7bn for reconstruction of areas devastated by a 2011 earthquake and tsunami. The Ministry of Finance owns just over 50 per cent of the former state monopoly.

Royalty Pharma interest in Elan

Royalty Pharma, a US investment firm, has made a £4.4bn approach to the the Irish drug maker Elan, which is looking to sell its 50 per cent stake in the multiple sclerosis treatment Tysabri. The Irish firm described the offer as "highly opportunistic" and "conditional".

Fremantle boost for RTL revenues

Britain's Got Talent and American Idol producer RTL reported a near 3 per cent jump in revenues to €6bn (£5.3bn), driven by its German TV operation and production arm Fremantle. But the former Channel 5 owner said underlying earnings fell 5 per cent to €1bn.

New operator to handle Libor rates

British Bankers' Association members have voted in favour of handing over the running of Libor rates to a new operator after the banking lobby was stripped of its oversight of the benchmark. An independent body will be selected this year.

Career Services

Day In a Page

Save the Tiger: Meet the hunters tasked with protecting Russia's rare Amur tiger

Hunters protect Russia's rare Amur tiger

In an unusual move, wildlife charities have enlisted those who kill animals to help save them. Oliver Poole travels to Siberia to investigate
Transfers: How has your club fared in summer sales?

How has your club fared in summer sales?

Who have bagged the bargain buys and who have landed the giant turkeys
Warwick Davis: The British actor on Ricky Gervais, how the Harry Potter set became his office, and why he'd like to play a spy

'I'm a realist; I know how hard this business is'

Warwick Davis on Ricky Gervais, Harry Potter and his perfect role
The best swim shorts for men: Bag yourself the perfect pair and make a splash this summer

The best swim shorts for men

Bag yourself the perfect pair and make a splash this summer
Has Ukip’s Glastonbury branch really been possessed by the devil?

Has Ukip’s Glastonbury branch really been possessed by the devil?

Meet the couple blamed for bringing Lucifer into local politics
Dress the Gaza situation up all you like, but the truth hurts

Robert Fisk on Gaza conflict

Dress the situation up all you like, but the truth hurts
Save the tiger: Tiger, tiger burning less brightly as numbers plummet

Tiger, tiger burning less brightly

When William Blake wrote his famous poem there were probably more than 100,000 tigers in the wild. These days they probably number around 3,200
5 News's Andy Bell retraces his grandfather's steps on the First World War battlefields

In grandfather's footsteps

5 News's political editor Andy Bell only knows his grandfather from the compelling diary he kept during WWI. But when he returned to the killing fields where Edwin Vaughan suffered so much, his ancestor came to life
Lifestyle guru Martha Stewart reveals she has flying robot ... to take photos of her farm

Martha Stewart has flying robot

The lifestyle guru used the drone to get a bird's eye view her 153-acre farm in Bedford, New York
Former Labour minister Meg Hillier has demanded 'pootling lanes' for women cyclists

Do women cyclists need 'pootling lanes'?

Simon Usborne (who's more of a hurtler) explains why winning the space race is key to happy riding
A tale of two presidents: George W Bush downs his paintbrush to pen father’s life story

A tale of two presidents

George W Bush downs his paintbrush to pen father’s life story
Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover

The dining car makes a comeback

Restaurateur Mitch Tonks has given the Great Western Pullman dining car a makeover
Gallery rage: How are institutions tackling the discomfort of overcrowding this summer?

Gallery rage

How are institutions tackling the discomfort of overcrowding this summer?
Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players

Eye on the prize

Louis van Gaal has £500,000 video surveillance system installed to monitor Manchester United players
Women's rugby: Tamara Taylor adds fuel to the ire in quest to land World Cup

Women's rugby

Tamara Taylor adds fuel to the ire in quest to land World Cup