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

Recruitment Genius: Area Manager - West Midlands - OTE £35,000

£27000 - £30000 per annum: Recruitment Genius: An Area Manager is required to ...

Recruitment Genius: Area Manager - Yorkshire & Humber - OTE £35,000

£27000 - £30000 per annum: Recruitment Genius: An Area Manager is required to ...

Recruitment Genius: Embedded Linux Engineer - C / C++

£35000 - £45000 per annum: Recruitment Genius: A well funded smart home compan...

Recruitment Genius: Senior Software Engineer - Python / Node / C / Go

£35000 - £45000 per annum: Recruitment Genius: *Flexible working in a relaxed ...

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.

Latest stories from i100
Career Services

Day In a Page

A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Homeless Veterans appeal: Former soldiers pay their respects to a friend who also served

Homeless Veterans appeal

Former soldiers pay their respects to a friend who also served
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?