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

Recruitment Genius: Parts Advisor

£16500 - £18500 per annum: Recruitment Genius: One of the leading Mercedes-Ben...

Recruitment Genius: Software Developer

£27500 - £35000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: Telemarketers / Sales - Home Based - OTE £23,500

£19500 - £23500 per annum: Recruitment Genius: Experienced B2B Telemarketer wa...

Recruitment Genius: Showroom Assistant

Negotiable: Recruitment Genius: This global company are looking for two Showro...

The Business Matrix: Wednesday 23 May 2012

Getty is readied for a snap sale

The owners of Getty Images, the largest supplier of stock photos, video and other digital content, have retained bankers to examine a possible sale. Hellman & Friedman, the US private equity fund, bought the business four years ago for $2.4bn. It is thought Getty, whose archive includes footprints from the first moon landing, may now be worth $4bn.

Cook books boost for Bloomsbury

Bloomsbury proved there is life after Harry Potter as it posted a rise in annual revenues and profits, with cookery books by Hugh Fearnley-Whittingstall and Heston Blumenthal selling strongly. Turnover rose 11 per cent to £103m in the year to February, with e-book sales up two and a half times at £5.7m. Its profits rose to £8.5m from £5.1m last year.

Tax raid puts Big Yellow in the red

The Chancellor's move to make self-storage VAT-able pushed Big Yellow into the red as it nursed annual losses of £35.6m. About two-thirds of its customers are individuals who will not be able to claim the money back. The loss comes after a £51m write-down on its property portfolio as a result of the looming change.

Discount stores pull in shoppers

Hard-pressed shoppers are flocking to the discounters Aldi and Lidl to give them record market shares. Aldi's sales grew by 25.4 per cent to give it a 2.8 per cent share of the market over the 12 weeks to 13 May, said Kantar Worldpanel, while Lidl also grabbed 2.8 per cent.

Milk Link farmers weigh Anchor

About 1,600 farmers in the Milk Link co-operative are set to join Arla Foods, the European dairy co-op behind Lurpak and Anchor, in a deal that will pool nearly a quarter of UK milk production. Milk Link is the UK's largest producer of cheddar.

Corzine's $8.5m pay package

Jon Corzine was paid $8.35m (£5.3m) for running MF Global in the year leading up to its spectacular collapse, according to documents filed with a New York bankruptcy court. However, $5.35m of that was in the form of share options which became worthless when his disastrous bets on eurozone debt sank the brokerage firm last year.

Bramhill quits as Wessex chairman

David Bramhill, the oil executive who led Wessex Exploration on to the AIM, quit as chairman yesterday with immediate effect. Wessex did not offer a reason for Mr Bramhill's departure, but said his contract would be paid up and that he would retain his share options. Wessex received a £71m, 10p-a-share takeover bid from Total last month. It walked away.

Apple iPad boosts sales at Future

Future has claimed it was getting a major boost from Apple iPad because it is by bringing in new readers who did not previously buy print and also new audiences from overseas. The magazine publisher said it had sold 830,000 digital copies of some 71 titles on iPad since October and generated £3m in sales.

Fairfax grabs a slice of Cook's

Thomas Cook has reached agreement on a deal worth around £94m to sell its 77 per cent interest in its Indian division to Canadian investor Fairfax Financial Holdings. The move is part of plans to reduce debt and strengthen the financial position of the holidays firm.

Ryanair to go to Supreme Court

Ryanair will go to the Supreme Court to appeal yesterday's ruling that the Office of Fair Trading can probe its 29 per cent stake in Aer Lingus. It says the OFT should have referred the case within four months of a 2007 Brussels ruling blocking an Aer Lingus bid.

Latest stories from i100
Career Services

Day In a Page

Fifa corruption: The 161-page dossier that exposes the organisation's dark heart

The 161-page dossier that exposes Fifa's dark heart

How did a group of corrupt officials turn football’s governing body into what was, in essence, a criminal enterprise? Chris Green and David Connett reveal all
Mediterranean migrant crisis: 'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves,' says Tripoli PM

Exclusive interview with Tripoli PM Khalifa al-Ghweil

'If Europe thinks bombing boats will stop smuggling, it will not. We will defend ourselves'
Raymond Chandler's Los Angeles: How the author foretold the Californian water crisis

Raymond Chandler's Los Angeles

How the author foretold the Californian water crisis
Chinese artist who posted funny image of President Xi Jinping facing five years in prison as authorities crackdown on dissent in the arts

Art attack

Chinese artist who posted funny image of President Xi Jinping facing five years in prison
Marc Jacobs is putting Cher in the limelight as the face of his latest campaign

Cher is the new face of Marc Jacobs

Alexander Fury explains why designers are turning to august stars to front their lines
Parents of six-year-old who beat leukaemia plan to climb Ben Nevis for cancer charity

'I'm climbing Ben Nevis for my daughter'

Karen Attwood's young daughter Yasmin beat cancer. Now her family is about to take on a new challenge - scaling Ben Nevis to help other children
10 best wedding gift ideas

It's that time of year again... 10 best wedding gift ideas

Forget that fancy toaster, we've gone off-list to find memorable gifts that will last a lifetime
Paul Scholes column: With the Premier League over for another year, here are my end of season awards

Paul Scholes column

With the Premier League over for another year, here are my end of season awards
Heysel disaster 30th anniversary: Liverpool have seen too much tragedy to forget fateful day in Belgium

Liverpool have seen too much tragedy to forget Heysel

Thirty years ago, 39 fans waiting to watch a European Cup final died as a result of a fatal cocktail of circumstances. Ian Herbert looks at how a club dealt with this tragedy
Amir Khan vs Chris Algieri: Khan’s audition for Floyd Mayweather may turn into a no-win situation, says Frank Warren

Khan’s audition for Mayweather may turn into a no-win situation

The Bolton fighter could be damned if he dazzles and damned if he doesn’t against Algieri, the man last seen being decked six times by Pacquiao, says Frank Warren
Blundering Tony Blair quits as Middle East peace envoy – only Israel will miss him

Blundering Blair quits as Middle East peace envoy – only Israel will miss him

For Arabs – and for Britons who lost their loved ones in his shambolic war in Iraq – his appointment was an insult, says Robert Fisk
Fifa corruption arrests: All hail the Feds for riding to football's rescue

Fifa corruption arrests

All hail the Feds for riding to football's rescue, says Ian Herbert
Isis in Syria: The Kurdish enclave still resisting the tyranny of President Assad and militant fighters

The Kurdish enclave still resisting the tyranny of Assad and Isis

In Syrian Kurdish cantons along the Turkish border, the progressive aims of the 2011 uprising are being enacted despite the war. Patrick Cockburn returns to Amuda
How I survived Cambodia's Killing Fields: Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape the US

How I survived Cambodia's Killing Fields

Acclaimed surgeon SreyRam Kuy celebrates her mother's determination to escape to the US
Stephen Mangan interview: From posh buffoon to pregnant dad, the actor has quite a range

How Stephen Mangan got his range

Posh buffoon, hapless writer, pregnant dad - Mangan is certainly a versatile actor