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

Austen Lloyd: Commercial Property Lawyer - Cheshire

Excellent Salary: Austen Lloyd: CHESHIRE MARKET TOWN - An exciting and rare o...

Austen Lloyd: Residential Property Solicitor - Hampshire

Excellent Salary : Austen Lloyd: NORTH HAMPSHIRE - SENIOR POSITION - An exciti...

Recruitment Genius: Gas Installation Engineer

£29000 per annum: Recruitment Genius: A Gas Installation Engineer is required ...

Recruitment Genius: Domestic Gas Technical Surveyor

£28000 per annum: Recruitment Genius: A Domestic Gas Technical Surveyor is req...

The Business Matrix: Tuesday 29 October 2013

IHG suffers a black September

Shares in InterContinetal Hotels fell by more than 2 per cent yesterday after it reported a sharper-than-expected fall in revenue growth in the US during September. Holiday Inn actually saw revenues per available room dip by 0.9 per cent. IHG's more upmarket brands such as Staybridge and Hotel Indigo saw positive growth.

Coastal contracts boost for Balfour

Infrastructure group Balfour Beatty has been awarded two coastal defence contracts. The £20m Anchorsholme scheme for Blackpool Council and the £53m Rossall scheme for Wyre Council will replace more than 2.9km of the original 1930s seawalls as part of the promenade renewal and beach management projects.

Pendragon profits move up a gear

Car dealer Pendragon's shares jumped 5 per cent on news that profits this year will top City hopes. The positive news from the owner of the Stratstone, Evans Halshaw and Quicks brands followed a major rise in new car sales. The firm said the volume of new 2013 registered cars sold was up 15.6 per cent in the first nine months.

Property values up 1.5% last month

House prices across England and Wales jumped by an average of 1.5 per cent in September, according to the latest figures from the Land Registry office. The rise, announced yesterday, brings the annual increase to 3.4 per cent and leaves the average house price at £167,063. London has seen the greatest rise in the past year, of 9.3 per cent.

High street sales suffer setback

The high street recovery hit a brick wall in October, according to the CBI. Only 42 per cent of firms surveyed for the lobby group's Distributive Trades Survey said sales volumes had increased over the previous 12 months, and 39 per cent said they had fallen. The balance was well down on City expectations.

Africa fails to save Aggreko slide

Aggreko, the supplier of power generators, saw its Africa business improve as full production started on gas projects in Mozambique and Ivory Coast. But its overall revenues fell 6 per cent in the three months to September owing to currency devaluations in emerging markets.

Management shake-up at UKFI

James Leigh-Pemberton's arrival at UKFI heralded a shake-up of management at the body which holds taxpayers' stakes in bailed-out and nationalised banks. Chris Fox's role is widened to head of banking and the Treasury's Ruth Curtice is moving in as chief of staff.

LV posts resilient nine-month sales

LV, the financial mutual insurer, posted life and pension sales of £117m during the nine months to 30 September and took in general insurance premiums worth £1.1bn. The company has more than five million customers and also sells through Asda and Nationwide Building Society.

Tasty recovery for Burger King

Burger King posted rising third-quarter net income as it grows overseas and cuts expenses by re-franchising. The US group earned net income of $68.2m (£42.2m) in the three months to the end of September, up from $6.6m a year earlier.

Latest stories from i100
Career Services

Day In a Page

Homeless Veterans Christmas Appeal: Drifting and forgotten - turning lives around for ex-soldiers

Homeless Veterans Christmas Appeal: Turning lives around for ex-soldiers

Our partner charities help veterans on the brink – and get them back on their feet
Putin’s far-right ambition: Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU

Putin’s far-right ambition

Think-tank reveals how Russian President is wooing – and funding – populist parties across Europe to gain influence in the EU
Tove Jansson's Moominland: What was the inspiration for Finland's most famous family?

Escape to Moominland

What was the inspiration for Finland's most famous family?
Nightclubbing with Richard Young: The story behind his latest book of celebrity photographs

24-Hour party person

Photographer Richard Young has been snapping celebrities at play for 40 years. As his latest book is released, he reveals that it wasn’t all fun and games
Michelle Obama's school dinners: America’s children have a message for the First Lady

A taste for rebellion

US children have started an online protest against Michelle Obama’s drive for healthy school meals by posting photos of their lunches
Colouring books for adults: How the French are going crazy for Crayolas

Colouring books for adults

How the French are going crazy for Crayolas
Jack Thorne's play 'Hope': What would you do as a local politician faced with an impossible choice of cuts?

What would you do as a local politician faced with an impossible choice of cuts?

Playwright Jack Thorne's latest work 'Hope' poses the question to audiences
Ed Harcourt on Romeo Beckham and life as a court composer at Burberry

Call me Ed Mozart

Paloma Faith, Lana del Ray... Romeo Beckham. Ed Harcourt has proved that he can write for them all. But it took a personal crisis to turn him from indie star to writer-for-hire
10 best stocking fillers for foodies

Festive treats: 10 best stocking fillers for foodies

From boozy milk to wasabi, give the food-lover in your life some extra-special, unusual treats to wake up to on Christmas morning
Phil Hughes head injury: He had one weakness – it has come back to haunt him

Phil Hughes had one weakness – it has come back to haunt him

Prolific opener had world at his feet until Harmison and Flintoff bounced him
'I have an age of attraction that starts as low as four': How do you deal with a paedophile who has never committed a crime?

'I am a paedophile'

Is our approach to sex offenders helping to create more victims?
How bad do you have to be to lose a Home Office contract?

How bad do you have to be to lose a Home Office contract?

Serco given Yarl’s Wood immigration contract despite ‘vast failings’
Green Party on the march in Bristol: From a lost deposit to victory

From a lost deposit to victory

Green Party on the march in Bristol
Putting the grot right into Santa's grotto

Winter blunderlands

Putting the grot into grotto
'It just came to us, why not do it naked?' London's first nude free runner captured in breathtaking images across capital

'It just came to us, why not do it naked?'

London's first nude free runner captured in breathtaking images across capital