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

Account Manager (Junior)

Negotiable: Clearwater People Solutions Ltd: Account Manager (Junior) Account ...

Solar Business Development Manager – M&A

£50000 - £60000 Per Annum: The Green Recruitment Company: The Green Recruitmen...

Accountant,Reconciliations,Bristol,Bank,£260/day

£200 - £260 per day + competitive: Orgtel: Accountant, Reconciliations, Bristo...

Test Analyst

£20000 - £30000 Per Annum: Clearwater People Solutions Ltd: An experienced Tes...

The Business Matrix: Wednesday 16 October 2013

Eurostar boosted by London 2012

Eurostar hailed the "halo effect" of the 2012 Olympics for boosting traveller numbers to London, as sales shot up 10 per cent to £207m over the last three months. The Channel Tunnel rail link also reported "gathering momentum to the recovery in the business travel market", which Eurostar said was down to signs of an economic upturn.

Air fares offset petrol price drop

Inflation was stuck at 2.7 per cent last month as air fares offset falling petrol costs, the Office for National Statistics said yesterday. Air fares usually fall in September after the summer, but they fell less steeply last month than last year when airlines hiked prices. Petrol prices dropped 0.5p a litre last month against a 3.9p rise a year ago.

BBC chief warns over UK reach

Tim Davie, the head of the BBC's commercial arm, BBC Worldwide, warned UK creative businesses must be "healthily, obsessively paranoid about the dangers of falling behind" yesterday as he pointed out Britain and Europe lack internet platforms or TV channels with global reach compared to American and Asian rivals.

Citigroup misses autumn target

Declining revenues from mortgage banking and a slowdown in fixed income trading dampened Citigroup's results for the third quarter, with the bank missing Wall Street expectations yesterday. Net adjusted income came in at $3.26bn (£2.05bn), as revenues eased by about 5 per cent. Bond market trading revenues fell by 26 per cent.

SDL issues fifth profits warning

Translation software group SDL issued its fifth profits warning in a year. Chief executive Mark Lancaster said: "The expected outcome is significantly below what we had hoped." The group now expects profits to be about £8m, down from £35.5m last year.

Chinese boost for Telford Homes

Chinese investors have snapped up a number of flats in Canary Wharf for up to £500,000 each, three years ahead of completion, the head of builder Telford Homes said. The influx of overseas cash prompted Telford to flag up annual profits "significantly" ahead of expectations.

Bellway boosted by Help to Buy

Builder Bellway toasted Help to Buy as it posted a 34 per cent rise in pre-tax profits to £140.9m for the year to July, and raised the dividend 50 per cent to 30p. It sold 8.2 per cent more homes last year. Bellway now thinks the scheme could see it near-double volume growth.

AstraZeneca buys UK biotech firm

Drugs giant AstraZeneca has bought a British biotech firm for up to $440m (£276m). AstraZeneca said it bought London-based Spriogen, which focuses on drugs used to target tumours in cancer care, and has also entered a drug development deal with ADC Therapeutics.

Labour demands zero-hours probe

Labour is accusing the Government of failing to tackle the zero-hours contracts given to employees including those at Sports Direct, McDonald's and Buckingham Palace. Shadow Business Secretary Chuka Umunna wants the Government to launch a full consultation.

H&M fails to beat August record

Sales at H&M, the world's second-largest fashion retailer, slipped in September after record results in August left shares at an all-time high. The Swedish business said like-for-like sales fell 2 per cent in September but jumped 8 per cent when new stores are included.

Career Services

Day In a Page

A new Russian revolution: Cracks start to appear in Putin’s Kremlin power bloc

A new Russian revolution

Cracks start to appear in Putin’s Kremlin power bloc
Eugene de Kock: Apartheid’s sadistic killer that his country cannot forgive

Apartheid’s sadistic killer that his country cannot forgive

The debate rages in South Africa over whether Eugene de Kock should ever be released from jail
Standing my ground: If sitting is bad for your health, what happens when you stay on your feet for a whole month?

Standing my ground

If sitting is bad for your health, what happens when you stay on your feet for a whole month?
Commonwealth Games 2014: Dai Greene prays for chance to rebuild after injury agony

Greene prays for chance to rebuild after injury agony

Welsh hurdler was World, European and Commonwealth champion, but then the injuries crept in
Israel-Gaza conflict: Secret report helps Israelis to hide facts

Patrick Cockburn: Secret report helps Israel to hide facts

The slickness of Israel's spokesmen is rooted in directions set down by pollster Frank Luntz
The man who dared to go on holiday

The man who dared to go on holiday

New York's mayor has taken a vacation - in a nation that has still to enforce paid leave, it caused quite a stir, reports Rupert Cornwell
Best comedians: How the professionals go about their funny business, from Sarah Millican to Marcus Brigstocke

Best comedians: How the professionals go about their funny business

For all those wanting to know how stand-ups keep standing, here are some of the best moments
The Guest List 2014: Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks

The Guest List 2014

Forget the Man Booker longlist, Literary Editor Katy Guest offers her alternative picks
Jokes on Hollywood: 'With comedy film audiences shrinking, it’s time to move on'

Jokes on Hollywood

With comedy film audiences shrinking, it’s time to move on
It's the best of British art... but not all is on display

It's the best of British art... but not all is on display

Voted for by the British public, the artworks on Art Everywhere posters may be the only place where they can be seen
Critic claims 'I was the inspiration for Blanche DuBois'

Critic claims 'I was the inspiration for Blanche DuBois'

Blanche Marvin reveals how Tennessee Williams used her name and an off-the-cuff remark to create an iconic character
Sometimes it's hard to be a literary novelist

Sometimes it's hard to be a literary novelist

Websites offering your ebooks for nothing is only the latest disrespect the modern writer is subjected to, says DJ Taylor
Edinburgh Fringe 2014: The comedy highlights, from Bridget Christie to Jack Dee

Edinburgh Fringe 2014

The comedy highlights, from Bridget Christie to Jack Dee
Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

Dame Jenny Abramsky: 'We have to rethink. If not, museums and parks will close'

The woman stepping down as chair of the Heritage Lottery Fund is worried