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

Recruitment Genius: Business Development Manager / Sales - OTE £45,000

£35000 - £45000 per annum: Recruitment Genius: This company is a solutions / s...

Recruitment Genius: Sales Executive - OTE £45,000

£18000 - £45000 per annum: Recruitment Genius: A Sales Executive is required t...

Recruitment Genius: Test Development Engineer

£35000 - £40000 per annum: Recruitment Genius: Are you inspired to bring new a...

Recruitment Genius: Trainee Motor Engineer

£14000 - £18000 per annum: Recruitment Genius: This is an exciting opportunity...

The Business Matrix: Wednesday 19 December 2012

H&M sales 'not as bad as feared'

H&M yesterday posted some encouraging news for the high street, with the Swedish fashion giant revealing trading last month had not been as bad as feared. The group, which is the second-largest clothing retailer in the world, said like-for-like sales had fallen 1 per cent in November, better than analysts were expecting.

Santander fully absorbs Banesto

Spain's largest bank, Santander, is taking full ownership of its 90 per cent-owned subsidiary Banesto, the latest move in a round of consolidation among the country's lenders. The absorption will cost Santander about €218m (£177m). It will pay a 25 per cent premium to Banesto's closing price on the Madrid stock exchange on Friday.

MoD set for £1bn in radio sell-off

The Ministry of Defence is to raise as much as £1bn with a sell-off of some of the radio spectrum it owns, in a move which should help the public finances, as well as boost the introduction of 4G mobile services. Although about half of the spectrum is used for military purposes, telecoms suppliers are pressing to buy more.

Bupa in £244m dentistry deal

The private healthcare group Bupa has agreed to take over Australia and New Zealand's largest dentistry chain for £244m. Dental Corporation runs 190 clinics in the two countries and employs more than 560 dentists. The move comes after Bupa's announcement in July that it would pump millions into dentistry.

Kingsnorth power station closes

Britain's 1,940 megawatt Kings- north coal-fired power station ceased commercial operations on Monday, and decommissioning work will be completed by the end of March 2013, operator E.ON said.The power station, has closed because of the EU's Large Combustion Plant Directive legislation.

Yen plunges after landslide victory

The yen plunged yesterday as traders bet on a huge expansion in money printing from Japan's central bank in the wake of a landslide election victory for the Liberal Democratic Party. The triumph of former prime minister Shinzo Abe, who is committed to aggressive monetary easing, sent the dollar to ¥84.48.

State bailout for Italian bank

The European Commission has given its preliminary approval to a €3.9bn ($5.1bn) state bailout for Banca Monte dei Paschi di Siena, ending months of uncertainty for Italy's third-biggest lender. The approval is conditional on the bank restructuring.

Probe into CF Arch Cru funds

Financial advisers must contact thousands of people who bought into two Guernsey funds to see if they are eligible for compensation after mis-selling. The Financial Services Authority said up to 800 advisers who recommended the two CF Arch Cru funds should contact clients.

Centamin set to restart mine work

Egypt-focused Centamin said it expected operations at its mine to restart soon, helping the stock recover losses from last week when troubles with government officials disrupted its business. Shares in Centamin jumped 26 per cent to 43.5 pence.

Deutsche Bank names Lambert

Deutsche Bank has named Richard Lambert, the former Bank of England Monetary Policy Committee member, as an adviser, helping the bank to adapt to regulatory changes and guidance on financial markets that have an impact on clients.

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 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
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'
Liverpool close in on Milner signing

Liverpool close in on Milner signing

Reds baulk at Christian Benteke £32.5m release clause
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