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

BI Manager - £50,000

£49000 - £55000 per annum + competitive: Progressive Recruitment: My client is...

BI Project Manager - £48,000 - £54,000 - Midlands

£48000 - £54000 per annum + Benefits package: Progressive Recruitment: My clie...

VB.Net Developer

£35000 - £45000 per annum + competitive: Progressive Recruitment: If you're pa...

SAP Business Consultant (SD, MM and FICO), £55,000, Wakefield

£45000 - £55000 per annum + competitive: Progressive Recruitment: SAP Business...

The Business Matrix: Tuesday 30 October 2012

Eurotunnel deal referred by OFT

The Office of Fair Trading has referred the takeover by Eurotunnel of part of the SeaFrance ferry business to the Competition Commission. The OFT said it had concerns that the deal could substantially reduce competition in the cross-channel transport industry. Eurotunnel relaunched the business as MyFerryLink in August.

Amplats offers £144 to end strike

Anglo American's platinum unit, Amplats, is hoping to end six weeks of strife after agreeing a deal with South African unions for the return of 12,000 striking workers. Amplats, the world's biggest platinum producer, offered to rehire the miners it sacked earlier this month and give them a one-off "hardship allowance" worth £144.

Olympic effect hits Heathrow

It might have flown more canoes, shot-puts and javelins this summer, but the Olympics meant Heathrow saw 400,000 fewer passengers pass through in July and August. Numbers grew by just 0.6 per cent to 53 million in the nine months to October, compared with a 2.2 per cent increase in flyer numbers during the first half.

Direct Line axes 70 executives

Direct Line, the insurer that is being spun out of Royal Bank of Scotland, has axed 70 senior executives, including, its chief operating officer Jonathan Davidson, as it tries to save £100m a year by the end of 2014. Direct Line cut 900 jobs in September, including closing a call centre, in an attempt to reduce costs.

Loss of Friends sees F&C suffer

F&C Asset Management saw the funds it looks after drop from £98.2bn to £96.8bn in three months, but it was due to the expected withdrawal of business by Friends Life. Friends had given notice that it was taking out £5.1bn of fixed-interest funds and withdrew £2.9bn of them in the third quarter.

GSK in tie-up with Japanese firm

GlaxoSmithKline has beefed up its interest in an HIV drug which analysts reckon will be blockbuster. A new deal with Shionogi sees GSK give the Japanese drug maker a 10 per cent stake in Viiv Healthcare – an joint venture between GSK and Pfizer – in exchange for its rights to dolutegravir.

Three suspended in rigging probe

UBS and Royal Bank of Scotland have suspended at least three more traders in Singapore as regulators investigate alleged Libor-rigging. Bloomberg reported at least two foreign exchange dealers have been suspended by UBS, while RBS put a director on its forex desk on leave.

Serco saddles up for Aegon deal

Serco, the outsourcer that runs the Boris Bikes scheme in London, has signed its first deal to run back-office work in the pensions industry, with a £170m, 10-year tie-up with Aegon. It will take on some customer services and look after some of the firm's zombie pension funds.

Pain in Spain as retail sales slump

Spanish retail sales fell at their fastest pace on record in September as already battered consumer confidence took another hit from a hike in value added tax. Sales fell 10.9 per cent year on year, the 27th monthly decline in a row.

Profits dip at Lok'nStore

The storage provider Lok'nStore reported a slight fall in pre-tax profit to £926,000 in the year to 31 July. However, the group said the 1 per cent drop was largely driven by the firm refinancing its £40m bank facility during the year.

Career Services

Day In a Page

Screwing your way to the top? Good for Lana Del Rey for helping kill that myth

Screwing your way to the top?

Good for Lana Del Rey for helping kill that myth, says Grace Dent
Will the young Britons fighting in Syria be allowed to return home and resume their lives?

Will Britons fighting in Syria be able to resume their lives?

Tony Blair's Terrorism Act 2006 has made it an offence to take part in military action abroad with a "political, ideological, religious or racial motive"
Beyoncé poses as Rosie the Riveter, the wartime poster girl who became a feminist pin-up

Beyoncé poses as Rosie the Riveter

The wartime poster girl became the ultimate American symbol of female empowerment
The quest to find the perfect pair of earphones: Are custom, 3D printed earbuds the solution?

The quest to find the perfect pair of earphones

Earphones don't fit properly, offer mediocre audio quality and can even be painful. So the quest to design the perfect pair is music to Seth Stevenson's ears
US Army's shooting star: Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform

Meet the US Army's shooting star

Lt-Col Steven Cole is the man Hollywood calls when it wants to borrow a tank or check a military uniform
Climate change threatens to make the antarctic fur seal extinct

Take a good look while you can

How climate change could wipe out this seal
Should emergency hospital weddings be made easier for the terminally ill?

Farewell, my lovely

Should emergency hospital weddings be made easier?
Man Booker Prize 2014 longlist: Crowdfunded novel nominated for first time

Crowdfunded novel nominated for Booker Prize

Paul Kingsnorth's 'The Wake' is in contention for the prestigious award
Vladimir Putin employs a full-time food taster to ensure his meals aren't poisoned

Vladimir Putin employs a full-time food taster

John Walsh salutes those brave souls who have, throughout history, put their knives on the line
Tour de France effect brings Hollywood blockbusters to Yorkshire

Tour de France effect brings Hollywood blockbusters to Yorkshire

A $25m thriller starring Sam Worthington to be made in God's Own Country
Will The Minerva Project - the first 'elite' American university to be launched in a century - change the face of higher learning?

Will The Minerva Project change the face of higher learning?

The university has no lecture halls, no debating societies, no sports teams and no fraternities. Instead, the 33 students who have made the cut at Minerva, will travel the world and change the face of higher learning
The 10 best pedicure products

Feet treat: 10 best pedicure products

Bags packed and all prepped for holidays, but feet in a state? Get them flip-flop-ready with our pick of the items for a DIY treatment
Commonwealth Games 2014: Great Scots! Planes and pipers welcome in Glasgow's Games

Commonwealth Games 2014

Great Scots! Planes and pipers welcome in Glasgow's Games
Jack Pitt-Brooke: Manchester City and Patrick Vieira make the right stand on racism

Jack Pitt-Brooke

Manchester City and Patrick Vieira make the right stand on racism
How Terry Newton tragedy made iron men seek help to tackle their psychological demons

How Newton tragedy made iron men seek help to tackle their psychological demons

Over a hundred rugby league players have contacted clinic to deal with mental challenges of game