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

IT Systems Manager

£40000 - £45000 per annum + pension, healthcare,25 days: Ashdown Group: An est...

Science Teacher

£100 - £110 per day: Randstad Education Group: Science Supply Teacher position...

Teaching Assistant

£60 - £65 per day: Randstad Education Luton: Randstad Education is recruiting ...

Pricing Analyst

£25000 - £30000 Per Annum: Clearwater People Solutions Ltd: Our client are cur...

The Business Matrix: Tuesday 6 November 2012

Investors agree to UK Coal overhaul

UK Coal shareholders have backed a key stage of its restructuring, including the change of name to Coalfield Resources. It said "considerable work" is still needed as it looks to leave its mining business free of bank debt and with an affordable pension. Without the overhaul, the Daw Mill colliery owner is expected to breach its banking covenants.

Retail sales fall in October

High street sales figures in October were the worst for 11 months, according to the British Retail Consortium, coming in 0.1 per cent lower than a year ago. A surge in clothing sales in the first week fizzled out. But food sales received a boost from the BBC's Great British Bake Off, with demand for cake decorations and mixes up.

Weir on track to hit profits target

The pumps and valves maker Weir said it expects to report full year profits of £440m to £450m, in line with market expectations. The group, which focuses on oil and gas markets, revealed that revenue and profits growth had slowed in the third quarter due to a lower opening order book.

Mitie wins £70m housing contract

Mitie has won a 10-year repair and maintenance contract with Golding Homes housing association. The contract, which is worth £70m over 10 years with the potential to rise to £120m, will see Mitie support the housing association's upkeep of 6,000 properties across Kent.

Nel to be Aquarius Platinum CEO

Aquarius Platinum has named its chief operating officer Jean Nel chief executive, a month after industry veteran Stuart Murray left the company. Mr Nel joined Aquarius, the world's fourth-largest platinum miner, in July 2011.

G20 countries ease up on cuts

G20 finance ministers are preparing to ease the pace of their budget cuts and tax rises so as not to pull the rug from under the global – and mainly US – economy. "We will ensure the pace of fiscal consolidation is appropriate to support growth," said a draft communique, released at the G20 meeting in Mexico City yesterday.

NS&I cuts interest rate on Direct ISA

More than 320,000 savers were dealt a blow yesterday when Government-backed National Savings & Investments cut its Direct ISA interest rate from 2.25 per cent to 2.25 per cent. The move, NS&I said, "reflected market trend to lower rates on similar products". This year NS&I also cut the interest rate on its Direct Saver account.

Goldman Sachs axes 31 partners

The banking industry's jobs squeeze has reached the very top of Goldman Sachs after the investment bank shed more than 30 of its partners in the past nine months, according to US filings. Goldman has 407 partners, down by 31 since February. The bank has lost 3100 staff since the end of 2010.

Investors head for safe havens

Two-year German bond yields fell below zero yesterday as low-risk assets rallied before an uncertain US presidential election and another make-or-break parliamentary vote in Greece. Law makers will vote on on the Greek government's latest austerity package tomorrow.

Netflix looks to thwart Icahn

Netflix has adopted a poison pill defence to prevent a hostile takeover, just days after activist investor Carl Icahn disclosed he had bought shares in the video service. The move will prevent anyone without board approval building a stake of 10 per cent.

Career Services

Day In a Page

Isis is an hour from Baghdad, the Iraq army has little chance against it, and air strikes won't help

Isis an hour away from Baghdad -

and with no sign of Iraq army being able to make a successful counter-attack
Turner Prize 2014 is frustratingly timid

Turner Prize 2014 is frustratingly timid

The exhibition nods to rich and potentially brilliant ideas, but steps back
Last chance to see: Half the world’s animals have disappeared over the last 40 years

Last chance to see...

The Earth’s animal wildlife population has halved in 40 years
So here's why teenagers are always grumpy - and it's not what you think

Truth behind teens' grumpiness

Early school hours mess with their biological clocks
Why can no one stop hackers putting celebrities' private photos online?

Hacked photos: the third wave

Why can no one stop hackers putting celebrities' private photos online?
Royal Ballet star dubbed 'Charlize Theron in pointe shoes' takes on Manon

Homegrown ballerina is on the rise

Royal Ballet star Melissa Hamilton is about to tackle the role of Manon
Education, eduction, education? Our growing fascination with what really goes on in school

Education, education, education

TV documentaries filmed in classrooms are now a genre in their own right
It’s reasonable to negotiate with the likes of Isis, so why don’t we do it and save lives?

It’s perfectly reasonable to negotiate with villains like Isis

So why don’t we do it and save some lives?
This man just ran a marathon in under 2 hours 3 minutes. Is a 2-hour race in sight?

Is a sub-2-hour race now within sight?

Dennis Kimetto breaks marathon record
We shall not be moved, say Stratford's single parents fighting eviction

Inside the E15 'occupation'

We shall not be moved, say Stratford single parents
Air strikes alone will fail to stop Isis

Air strikes alone will fail to stop Isis

Talks between all touched by the crisis in Syria and Iraq can achieve as much as the Tornadoes, says Patrick Cockburn
Nadhim Zahawi: From a refugee on welfare to the heart of No 10

Nadhim Zahawi: From a refugee on welfare to the heart of No 10

The Tory MP speaks for the first time about the devastating effect of his father's bankruptcy
Witches: A history of misogyny

Witches: A history of misogyny

The sexist abuse that haunts modern life is nothing new: women have been 'trolled' in art for 500 years
Shona Rhimes interview: Meet the most powerful woman in US television

Meet the most powerful woman in US television

Writer and producer of shows like Grey's Anatomy, Shonda Rhimes now has her own evening of primetime TV – but she’s taking it in her stride
'Before They Pass Away': Endangered communities photographed 'like Kate Moss'

Endangered communities photographed 'like Kate Moss'

Jimmy Nelson travelled the world to photograph 35 threatened tribes in an unashamedly glamorous style