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

Langley James : Senior Infrastructure Engineer; VMWare, Windows; Bolton; £40k

£40000 per annum + benefits: Langley James : Senior Infrastructure Engineer; V...

h2 Recruit Ltd: BDD - Digital Banking Technology / CEM - £150k ote

£75000 - £100000 per annum + £150k ote: h2 Recruit Ltd: There are many compani...

h2 Recruit Ltd: Graduate Consultant - Sales Recruitment - £35k ote

£18000 - £25000 per annum + £35k ote: h2 Recruit Ltd: Looking for your first s...

Recruitment Genius: Advertising Media Sales - Print, Online & Mobile

£19000 - £30000 per annum: Recruitment Genius: This publishing house has been ...

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.

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