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

Recruitment Genius: Business Manager

£32000 - £40000 per annum: Recruitment Genius: A Business Manager is required ...

Recruitment Genius: Operations Manager

£45000 - £55000 per annum: Recruitment Genius: This is an exciting opportunity...

Recruitment Genius: Panel & Cabinet Wireman

£20000 per annum: Recruitment Genius: Panel Wireman required for small electro...

Recruitment Genius: Electronics Test Engineer

£25000 - £27000 per annum: Recruitment Genius: An SME based in East Cheshire, ...

The Business Matrix: Wednesday 29 June 2011

Nissan welcomes millionth Qashqai

Nissan’s Sunderland plant celebrated the manufacture of its millionth Qashqai yesterday. The vehicle, a silver 2.0-litre diesel, will now be offered as a prize. The plant, which employs 5,000 people, started making Qashqais in 2006, and now exports 80 per cent of its production. It produces 1,200 Qashqais per day – about one a minute.

Climbdown on pensioners’ bonds

The Bank of Ireland (BoI) has climbed down on plans to force investors to sell their permanent interest-bearing shares (pibs) for just 20 per cent of their face value. The bonds, which pay nearly 14 per cent interest, were issued by Bristol & West before it was bought by BoI and were popular with pensioners looking for retirement income.

Toppension pots average £2.8m

The value of final-salary pension pots for top directors now averages £2.8m. A survey by Income Data Services of 137 directors in FTSE 100 companies found that the money could buy an employee a pension worth more than £170,000 a year. IDS said cash payments in lieu of pension contributions were becoming increasingly common.

OFT calls for end to card surcharges

The Office of Fair Trading is to call on the Government to ban the use of surcharges on all debit card transactions – but said credit card surcharges should be allowed to continue as they are more costly to process. The watchdog singled out the airline sector – where UK customers spent £300m on surcharges in 2009 – for the practice. MORE

House prices fell again in May

House prices fell further during May, the Land Registry said yesterday. The average cost of a home in England and Wales dropped by 0.4 per cent in May to £161,823 – 2.2 per cent lower than a year ago. London is the one place bucking the trend, with prices rising by 2.9 per cent over the past 12 months.

Three charged over £10m ‘Ponzi scam’

Three more people have been charged in relation to an alleged £10m “Ponzi” scheme that targeted expatriates in Majorca. Daniel Hirst, Linda Christine Hirst and Zoe Waite were charged following an investigation by the Serious Fraud Office. John Hirst was charged in the same matter in March.

Thorntons wraps up scores of stores

The chocolate retailer Thorntons has dealt a further blow to the high street by announcing plans to close up to 180 stores. The group said it will exit at least 120 outlets over the next three years as their leases expire, while it will also consider the future of an additional 60 shops. MORE

Soft landing for DFS in recession

The sofa giant DFS has shrugged off “exceptionally demanding” conditions, buying eight new stores. The group said that it had gained market share, even though anxious consumers were delaying all but essential purchases. Nine months through its year, profits are up, even though sales have softened slightly.

TJ Hughes faces administration

The department store chain TJ Hughes looks set to become the latest victim of the squeeze on spending, putting some 4,000 jobs at risk. The chain, which was founded in Liverpool in 1912 and runs 57 stores, gave official notice that it intends to appoint an administrator over the next 10 days.

400 to lose jobs as Jane Norman fails

Nearly 400 staff at Jane Norman are to lose their jobs after administrators failed to find a buyer for 33 stores. But, the fashion retailer has agreed to sell 33 stores to Edinburgh Woollen Mill under a “pre-pack” deal that will see the Jane Norman name survive on the high street and will save 396 jobs. MORE

Latest stories from i100
Career Services

Day In a Page

A timely reminder of the bloody anniversary we all forgot

A timely reminder of the bloody anniversary we all forgot

Who remembers that this week we enter the 150th anniversary year of the end of the American Civil War, asks Robert Fisk
Downfall of Dustin 'Screech' Diamond, the 'Saved By The Bell' star charged with bar stabbing

Scarred by the bell

The downfall of the TV star charged with bar stabbing
Why 2014 was a year of technological let-downs

Why 2014 was a year of technological let-downs

Security breaches and overhyped start-ups dominated a year in which very little changed (save the size of your phone)
Cuba's golf revolution: But will the revolutionary nation take 'bourgeois' game to its heart?

Will revolutionary Cuba take 'bourgeois' golf to its heart?

Fidel Castro ridiculed the game – but now investment in leisure resort projects is welcome
The Locked Room Mysteries: As a new collection of the genre’s best is published, its editor Otto Penzler explains the rules of engagement

The Locked Room Mysteries

As a new collection of the genre’s best is published, its editor explains the rules of engagement
Amy Adams on playing painter Margaret Keane in Tim Burton's Big Eyes

How I made myself Keane

Amy Adams hadn’t wanted to take the role of artist Margaret Keane, because she’d had enough of playing victims. But then she had a daughter, and saw the painter in a new light
Ed Richards: Parting view of Ofcom chief. . . we hate jokes on the disabled

Parting view of Ofcom chief... we hate jokes on the disabled

Bad language once got TV viewers irate, inciting calls to broadcasting switchboards. But now there is a worse offender, says retiring head of the media watchdog, Ed Richards
A look back at fashion in 2014: Wear in review

Wear in review

A look back at fashion in 2014
Ian Herbert: My 10 hopes for sport in 2015. Might just one of them happen?

Ian Herbert: My 10 hopes for sport in 2015

Might just one of them happen?
War with Isis: The West needs more than a White Knight

The West needs more than a White Knight

Despite billions spent on weapons, the US has not been able to counter Isis's gruesome tactics, says Patrick Cockburn
Return to Helmand: Private Davey Graham recalls the day he was shot by the Taliban

'The day I was shot by the Taliban'

Private Davey Graham was shot five times during an ambush in 2007 - it was the first, controversial photograph to show the dangers our soldiers faced in Helmand province
Revealed: the best and worst airlines for delays

Revealed: the best and worst airlines for delays

Many flyers are failing to claim compensation to which they are entitled, a new survey has found
The stories that defined 2014: From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions

The stories that defined 2014

From the Scottish independence referendum to the Ice Bucket Challenge, our writers voice their opinions
Stoke-on-Trent becomes first British city to be classified as 'disaster resilient' by the United Nations

Disaster looming? Now you know where to head...

Which British city has become the first to be awarded special 'resilience' status by the UN?
Finally, a diet that works: Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced

Finally, a diet that works

Californian pastor's wildly popular Daniel Plan has seen his congregation greatly reduced