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

Business Focused Business Analyst - Finance and Procurement System Implementation

£350 Per Day: Clearwater People Solutions Ltd: Our client based in Reading are...

Commercial Property Solicitor - Bristol

Highly Attractive Package: Austen Lloyd: A VERY HIGH QUALITY FIRM - A high q...

Head of ad sales international - Broadcast

competitive + bonus + benefits: Sauce Recruitment: Are you the king or Queen o...

Note Taker - Scribe

£10 per hour: Randstad Education Chelmsford: Are you an experienced note taker...

The Business Matrix: Wednesday 19 March 2014

UTV pre-tax profits down 16%

UTV Media, the owner of talkSport, saw annual pre-tax profits slump 16 per cent to £16.9m as a decent second half-year failed to make up for a poor first half. UTV has seen growth since the start of this year and is upbeat about the World Cup (left). But it is taking an exceptional charge of £1.2m as it sells off its digital operation. Getty

MtGox loses £300m to hackers

MtGox, the Japanese Bitcoin exchange that last month filed for bankruptcy protection, has updated its website to allow customers to check their account balances for the first time in three weeks. However, the company has admitted  that it may have lost more  than £300m-worth of bitcoins  to hackers.

IG Group enjoys better revenues

The UK’s biggest spread-betting firm enjoyed a bumper December as punters reassured by a dovish Federal Reserve waded in to bet on shares going up, the company said. IG Group’s revenues for the three months to 28 February were 9 per cent ahead of a year earlier at £96.7m, helped by an “unseasonably strong” December.

Berkeley builds on strong demand

Strong demand in London and the South of England has driven a rapid step-up in the number of homes built by Berkeley. The company said it expects to complete 30 per cent more homes this year than during the 2007 market peak. It added that forward sales of new homes were worth more than £1.9bn by the end of February.

Polypipe joins public markets

The UK’s biggest guttering company was the latest to join the rush to public markets yesterday. Polypipe, which laid more than a million metres of pipes and drains at the Olympic Park, said around 70 managers will own up to 20 per cent of the business valued at up to £80m by the deal.

SafeCharge in $100m share plan

The payment-service provider SafeCharge, majority-owned by the Israeli entrepreneur and Playtech founder Teddy Sagi, plans to raise about $100m by listing shares on London’s junior AIM stock exchange.  The company is expected to have a market capitalisation of up to £230m.

Healthy profits at Bannatyne’s clubs

The group behind Dragons’ Den star Duncan Bannatyne’s health-club and fitness chains said efforts to get the firm on to a more stable financial footing had paid off as underlying pre-tax profits rose 30 per cent to £11.5m in 2013. Membership is up 14 per cent so far this year.

Changes on the way at Argos

Home Retail Group’s new chief executive, John Walden, has rejigged Argos’s management. Commercial director David Robinson takes on day-to-day responsibility for Argos, while its digital boss, Bertrand Bodson, is now chief digital officer across Argos and Homebase.

Gallois in driving seat at Peugeot

Peugeot Citroën’s board has agreed to nominate the French civil servant Louis Gallois as its next chairman ahead of a €3bn (£2.5bn) tie-up with China’s Dongfeng Motor Group, which will see it sell shares to both Dongfeng and the French state.

Iger re-elected as chair of Disney

Walt Disney shareholders have re-elected chairman and chief executive Bob Iger and nine other members to the company’s board. Disney announced the voting results at the media company’s annual shareholder meeting in Portland, Oregon.

Latest stories from i100
Career Services

Day In a Page

Wilko Johnson, now the bad news: musician splits with manager after police investigate assault claims

Wilko Johnson, now the bad news

Former Dr Feelgood splits with manager after police investigate assault claims
Mark Udall: The Democrat Senator with a fight on his hands ahead of the US midterm elections

Mark Udall: The Democrat Senator with a fight on his hands

The Senator for Colorado is for gay rights, for abortion rights – and in the Republicans’ sights as they threaten to take control of the Senate next month
New discoveries show more contact between far-flung prehistoric humans than had been thought

New discoveries show more contact between far-flung prehistoric humans than had been thought

Evidence found of contact between Easter Islanders and South America
Cerys Matthews reveals how her uncle taped 150 interviews for a biography of Dylan Thomas

Cerys Matthews on Dylan Thomas

The singer reveals how her uncle taped 150 interviews for a biography of the famous Welsh poet
DIY is not fun and we've finally realised this as a nation

Homebase closures: 'DIY is not fun'

Homebase has announced the closure of one in four of its stores. Nick Harding, who never did know his awl from his elbow, is glad to see the back of DIY
The Battle of the Five Armies: Air New Zealand releases new Hobbit-inspired in-flight video

Air New Zealand's wizard in-flight video

The airline has released a new Hobbit-inspired clip dubbed "The most epic safety video ever made"
Pumpkin spice is the flavour of the month - but can you stomach the sweetness?

Pumpkin spice is the flavour of the month

The combination of cinnamon, clove, nutmeg (and no actual pumpkin), now flavours everything from lattes to cream cheese in the US
11 best sonic skincare brushes

11 best sonic skincare brushes

Forget the flannel - take skincare to the next level by using your favourite cleanser with a sonic facial brush
Paul Scholes column: I'm not worried about Manchester United's defence - Chelsea test can be the making of Phil Jones and Marcos Rojo

Paul Scholes column

I'm not worried about Manchester United's defence - Chelsea test can be the making of Jones and Rojo
Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

Frank Warren: Boxing has its problems but in all my time I've never seen a crooked fight

While other sports are stalked by corruption, we are an easy target for the critics
Jamie Roberts exclusive interview: 'I'm a man of my word – I'll stay in Paris'

Jamie Roberts: 'I'm a man of my word – I'll stay in Paris'

Wales centre says he’s not coming home but is looking to establish himself at Racing Métro
How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?

A crime that reveals London's dark heart

How could three tourists have been battered within an inch of their lives by a burglar in a plush London hotel?
Meet 'Porridge' and 'Vampire': Chinese state TV is offering advice for citizens picking a Western moniker

Lost in translation: Western monikers

Chinese state TV is offering advice for citizens picking a Western moniker. Simon Usborne, who met a 'Porridge' and a 'Vampire' while in China, can see the problem
Handy hacks that make life easier: New book reveals how to rid your inbox of spam, protect your passwords and amplify your iPhone

Handy hacks that make life easier

New book reveals how to rid your email inbox of spam, protect your passwords and amplify your iPhone with a loo-roll
KidZania lets children try their hands at being a firefighter, doctor or factory worker for the day

KidZania: It's a small world

The new 'educational entertainment experience' in London's Shepherd's Bush will allow children to try out the jobs that are usually undertaken by adults, including firefighter, doctor or factory worker