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

Solutions Architect - Permanent - London - £70k DOE

£60000 - £70000 Per Annum Excellent benefits: Clearwater People Solutions Ltd:...

General Cover Teacher

£110 - £130 per day: Randstad Education Reading: Great opportunities for Cover...

Maths Teacher

£110 - £130 per day: Randstad Education Reading: QTS Maths Teachers needed for...

Maths Teacher

£110 - £130 per day: Randstad Education Reading: QTS Maths Teachers needed for...

The Business Matrix: Tuesday 29 April 2014

GE chief in talks with Hollande

Jeff Immelt, General Electric chief executive, said he held a “friendly and productive” talks yesterday with the French  President, François Hollande,  to discuss the US firm’s bid for Alstom, the French energy and transport giant. On Sunday, France’s industry minister backed a rival deal between Alstom and Germany’s Siemens.

Former Barclays traders charged

The Serious Fraud Office has charged three former traders at Barclays, who were based in the US. Jay Merchant, director of dollar fixed-income swaps and two dollar interest-rate derivative traders, Alex Pabon and Ryan Reich, have been charged with conspiracy to defraud in connection with the investigation into the rigging of Libor.

Murphy Oil halts Welsh operation

Murphy Oil will halt operations at its Milford Haven refinery in Wales in mid-May after failing to find buyers for the loss-making plant, industry sources said yesterday. Talks to sell the struggling refinery, operated by the US group’s British subsidiary Murco, to a private equity firm collapsed earlier this month.

‘No need’ for Royal Mail IPO inquiry

The City regulator told MPs yesterday that there was no reason to launch an inquiry into the Government’s privatisation of Royal Mail. Martin Wheatley, the chief executive of the Financial Conduct Authority, said: “An IPO that goes…to a premium, does not of itself generate a suspicion of regulatory failure.”

Investment shake up at Aberdeen

Aberdeen Asset Management has shaken up its investment division following the £660m takeover of part of Scottish Widows last month. The FTSE 100 fund manager said its alternatives unit – which invests in hedge funds, private equity and infrastructure – will now become a standalone unit.

150 KFC outlets to create 6,000 jobs

The fast food chain KFC says it plans to open 150 new outlets in the UK and Ireland over the next five years, creating as many as 6,000 jobs. The business said it will spend £21m opening 32 new stores and creating 1,300 jobs this year alone, due to increased demand  in both territories.

EE hung up on lack of new phones

Britain’s biggest mobile operator EE has blamed a lack of new phone launches as it added 123,000 new contract customers in the first quarter, its lowest number since 2011.  But EE, the owner of T-Mobile and Orange, said its 4G take-up was ahead of target, at 2.9 million users.

Parking fees give Heathrow a boost

Surging parking fees and lower bills for weather disruption helped Heathrow airport narrow its loss to £15m for the first three months of this year. That was down from a £196m loss a year ago as revenues at the world’s busiest airport rose 10.8 per cent to £576m.

Lloyds: confidence at an all-time high

Soaring business confidence set the scene for more upbeat news on the wider economy with data today poised to show a fifth successive quarter of growth. Lloyds bank’s business confidence barometer showed sentiment at an all-time high in April.

Profits rise by 19% at Lok’nStore

Lok’nStore said its like-for-like unit occupancy was up 8.1 per cent in the six months to the end of January, helping profits rise 19 per cent to £916,000. A flagship site at Maidenhead opened in December and five more are to open in the next 18 months.

Latest stories from i100
Career Services

Day In a Page

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker
Renée Zellweger's real crime has been to age in an industry that prizes women's youth over humanity

'Renée Zellweger's real crime was to age'

The actress's altered appearance raised eyebrows at Elle's Women in Hollywood awards on Monday
From Cinderella to The Jungle Book, Disney plans live-action remakes of animated classics

Disney plans live-action remakes of animated classics

From Cinderella to The Jungle Book, Patrick Grafton-Green wonders if they can ever recapture the old magic
Thousands of teenagers to visit battlefields of the First World War in new Government scheme

Pupils to visit First World War battlefields

A new Government scheme aims to bring the the horrors of the conflict to life over the next five years
The 10 best smartphone accessories

Make the most of your mobile: 10 best smartphone accessories

Try these add-ons for everything from secret charging to making sure you never lose your keys again
Mario Balotelli substituted at half-time against Real Madrid: Was this shirt swapping the real reason?

Liverpool v Real Madrid

Mario Balotelli substituted at half-time. Was shirt swapping the real reason?
West Indies tour of India: Hurricane set to sweep Windies into the shadows

Hurricane set to sweep Windies into the shadows

Decision to pull out of India tour leaves the WICB fighting for its existence with an off-field storm building
Indiana serial killer? Man arrested for murdering teenage prostitute confesses to six other murders - and police fear there could be many more

A new American serial killer?

Police fear man arrested for murder of teen prostitute could be responsible for killing spree dating back 20 years
Sweetie, the fake 10-year-old girl designed to catch online predators, claims her first scalp

Sting to trap paedophiles may not carry weight in UK courts

Computer image of ‘Sweetie’ represented entrapment, experts say
Fukushima nuclear crisis: Evacuees still stuck in cramped emergency housing three years on - and may never return home

Return to Fukushima – a land they will never call home again

Evacuees still stuck in cramped emergency housing three years on from nuclear disaster
Wildlife Photographer of the Year: Intimate image of resting lions claims top prize

Wildlife Photographer of the Year

Intimate image of resting lions claims top prize
Online petitions: Sign here to change the world

Want to change the world? Just sign here

The proliferation of online petitions allows us to register our protests at the touch of a button. But do they change anything?