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

Recruitment Genius: New Business Development Manager / Sales - UK New Business

£24000 - £36000 per annum: Recruitment Genius: Join a fast growing, UK based I...

MBDA UK Ltd: Mission Planning and Control Solutions Systems Engineer

Competitive salary & benefits: MBDA UK Ltd: What’s the opportunity? A pro-act...

MBDA UK Ltd: System Design Capability

Competitive salary & benefits: MBDA UK Ltd: What’s the opportunity? The small...

Recruitment Genius: Time Served Fabricator / Welders - Immediate Start

£25000 - £35000 per annum: Recruitment Genius: Fabricator welder required for ...

The Business Matrix: Wednesday 16 January 2013

Halfords rides out flat Christmas

Car repairs and premium bike sales helped Halfords to ride out a flat Christmas, with the group today announcing a modest raise in its profit expectations. The car and bike retailer saw like-for-like revenues up 1 per cent in the 15 weeks to 11 January and now expects full-year profits to be between £68m and £72m.

IG sees slump in half-year profits

The spread-betting industry leader IG Group has reported its first slump in revenues and profits since 2002, a sign of the wider strife in the sector. IG is still in the black, but for half-year profit fell 21 per cent to £81m. Tim Howkins, chief executive, blames "low market volatility" and "fragile consumer sentiment".

Spirits are high for pub group

Spirit Pub Company, the business spun out of Punch Taverns, yesterday showed that there's life in the pub game yet. Sales were up a healthy 2.3 per cent, driven by food sales up 3.3 per cent, in the 20 weeks to 5 January. Chief executive Mike Tye reckons a backroom shake-up of systems will enable cost savings and other efficiency gains.

Dell set to sell his company

Michael Dell is understood to be in discussions with two separate private equity firms with a view to selling the company he founded in 1984, Dell Computers, for an estimated price tag of about $20bn. Mr Dell is expected to hold on to his stake, of about 15 per cent stake, as part of any transaction that the multibilionaire strikes.

Japanese probe Dreamliner faults

The Japanese government yesterday launched an investigation into the problems faced by Boeing's new Dreamliner jet, days after US officials did the same. The new 787 model faced five technical faults last week, all on Japanese airlines' planes. A Japan Airlines Dreamliner twice leaked fuel at the weekend.

Smiths News sees revenue rise

Newspaper and magazine wholesaler Smiths News reported a 2 per cent rise in revenues in the 19 weeks to 12 January despite a 4.7 per cent slide in like-for-like sales in its core business. It said overall trade was boosted by the acquisition of education and care resources supplier The Consortium in April 2012.

Christmas boost for jewellers

The luxury jewellery retailer Aurum Holdings, which includes Watches of Switzerland, Mappin & Webb and the Goldsmiths brands, said like-for-like sales rose 9 per cent in the eight weeks to 13 January. Christmas trading was helped by improved product availability.

Food store sales surge at the Co-op

The Co-operative said its food store sales grew by 2.2 per cent on a like-for-like basis in the three weeks to 5 January. The improvement on a year earlier included more than £35m of business on Christmas Eve. In the three weeks ending 5 January sales increased 2.4 per cent.

Jobs slump sees profits fall

A slump in banking, engineering and construction recruitment in Europe and the Middle East caused gross profit at white-collar jobs group Michael Page to fall almost 5 per cent to £526.8m last year. However, Page's Asian business grew strongly.

Colas wins £420m TfL contract

Colas, a French construction group, has won a £420m contract to maintain the capital's roads for the next eight years. The company won an eight-year contract from Transport for London to upgrade and maintain central London's road network.

Latest stories from i100
Career Services

Day In a Page

Sepp Blatter resignation: The beginning of Fifa's long road to reform?

Does Blatter's departure mean Fifa will automatically clean up its act?

Don't bet on it, says Tom Peck
Charles Kennedy: The baby of the House who grew into a Lib Dem giant

The baby of the House who grew into a Lib Dem giant

Charles Kennedy was consistently a man of the centre-left, dedicated to social justice, but was also a champion of liberty and an opponent of the nanny-state, says Baroness Williams
Syria civil war: The harrowing testament of a five-year-old victim of this endless conflict

The harrowing testament of a five-year-old victim of Syria's endless civil war

Sahar Qanbar lost her mother and brother as civilians and government soldiers fought side by side after being surrounded by brutal Islamist fighters. Robert Fisk visited her
The future of songwriting: How streaming is changing everything we know about making music

The future of songwriting

How streaming is changing everything we know about making music
William Shemin and Henry Johnson: Jewish and black soldiers receive World War I Medal of Honor amid claims of discrimination

Recognition at long last

Jewish and black soldiers who fought in WWI finally receive medals after claims of discrimination
Beating obesity: The new pacemaker which helps over-eaters

Beating obesity

The new pacemaker which helps over-eaters
9 best women's festival waterproofs

Ready for rain: 9 best women's festival waterproofs

These are the macs to keep your denim dry and your hair frizz-free(ish)
Cycling World Hour Record: Nervous Sir Bradley Wiggins ready for pain as he prepares to go distance

Wiggins worried

Nervous Sir Bradley ready for pain as he prepares to attempt cycling's World Hour Record
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
On your feet! Spending at least two hours a day standing reduces the risk of heart attacks, cancer and diabetes, according to new research

On your feet!

Spending half the day standing 'reduces risk of heart attacks and cancer'
With scores of surgeries closing, what hope is there for the David Cameron's promise of 5,000 more GPs and a 24/7 NHS?

The big NHS question

Why are there so few new GPs when so many want to study medicine?
Big knickers are back: Thongs ain't what they used to be

Thongs ain't what they used to be

Big knickers are back
Thurston Moore interview

Thurston Moore interview

On living in London, Sonic Youth and musical memoirs
In full bloom

In full bloom

Floral print womenswear
From leading man to Elephant Man, Bradley Cooper is terrific

From leading man to Elephant Man

Bradley Cooper is terrific