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

Recruitment Genius: Office Administrator

£14000 - £18000 per annum: Recruitment Genius: An Office Administrator is requ...

Recruitment Genius: Sales Executive - Commercial Vehicles - OTE £40,000

£12000 - £40000 per annum: Recruitment Genius: Due to expansion and growth of ...

Ashdown Group: Senior PHP Developer - Sheffield - £50,000

£40000 - £50000 per annum: Ashdown Group: Senior PHP Developer position with a...

Recruitment Genius: Operations Leader - Plasma Processing

Negotiable: Recruitment Genius: An Operations Leader is required to join a lea...

The Business Matrix: Wednesday 5 February 2014

Argos owner puts heat on suppliers

Argos and Homebase have become the latest companies demanding a rebate from suppliers. Both are owned by Home Retail Group and sent letters asking for 2 per cent turnover rebate starting next month. The company claim suppliers will benefit from its £300m upgrade to stores.

Hunt calls for staff conduct code

Lord Hunt, the former minister under Margaret Thatcher and Sir John Major, has called for bank staff to sign up to a code of professional conduct. He has asked Sir Richard Lambert, who is to publish his initial thoughts on the new banking standards body next week, to introduce a code, as well as a qualifications framework for bankers.

UBS increases salary boosts

The Swiss banking giant UBS has raised its bonus pool by 28 per cent for last year after its back-to-basics policy saw a sharp recovery with pre-tax profits up 44 per cent to Sfr4.1bn (£2.8bn). UBS, which has thousands of employees in the City, said its 60,000 staff would share in a bonus pool of Sfr3.5bn.

BG Group reports slump in profits

Chris Finlayson's dreadful first year as chief executive at BG Group was yesterday capped by the news that profits slumped 37 per cent to $4.16bn (£2.54bn). He said he shared shareholders' "disappointment". BG's results included a $2.4bn write-off. However, the dividend was up 10 per cent to 28.75 cents per share.

£75m contract for Balfour Beatty

The infrastructure group Balfour Beatty has been awarded a seven-year contract from Network Rail, expected to be worth in excess of £75m, for the design and installation of all electrification equipment on rail routes between Manchester-Preston-Blackpool and Manchester-Stalybridge.

Trinity Mirror trading strong

Trinity Mirror has shrugged off a £225m writedown on the historic value of its newspaper businesses as investors focused on a strong trading performance in recent months. Its shares rose 4 per cent after the Daily Mirror owner said underlying profits have been boosted by improved advertising.

TalkTalk's value deals reap reward

TalkTalk's strategy of dodging the costly pay-TV wars between BSkyB and BT and offering "value" deals for customers who only want "a little bit" of premium TV content looks to be working. Revenue rose 5 per cent to £436m in the past three months.

Lloyds group suspends trader

Lloyds Banking Group has suspended one of its foreign exchange traders after an internal investigation into allegations of currency manipulation, according to Reuters. It marks the first time the bank has been linked with the currency allegations.

Home group's sales soaring

The home furnishings group Walker Greenbank, whose brands include Sanderson, Morris & Co, Harlequin, Zoffany and Scion, said annual profits for 2013 are set to be at the top of forecasts as second half sales rose 3.4 per cent to £78m.

Better Capital's shares crash

The venture capitalist Jon Moulton's quoted vehicle Better Capital's shares crashed 21 per cent yesterday after it warned of substantial writedowns on two unspecified companies in its funds. The portfolio includes luxury yacht maker Fairline.

Latest stories from i100
Career Services

Day In a Page

Revealed: Why Mohammed Emwazi chose the 'safe option' of fighting for Isis, rather than following his friends to al-Shabaab in Somalia

Why Mohammed Emwazi chose Isis

His friends were betrayed and killed by al-Shabaab
'The solution can never be to impassively watch on while desperate people drown'
An open letter to David Cameron: Building fortress Europe has had deadly results

Open letter to David Cameron

Building the walls of fortress Europe has had deadly results
Tory candidates' tweets not as 'spontaneous' as they seem - you don't say!

You don't say!

Tory candidates' election tweets not as 'spontaneous' as they appear
Mubi: Netflix for people who want to stop just watching trash

So what is Mubi?

Netflix for people who want to stop just watching trash all the time
The impossible job: how to follow Kevin Spacey?

The hardest job in theatre?

How to follow Kevin Spacey
Armenian genocide: To continue to deny the truth of this mass human cruelty is close to a criminal lie

Armenian genocide and the 'good Turks'

To continue to deny the truth of this mass human cruelty is close to a criminal lie
Lou Reed: The truth about the singer's upbringing beyond the biographers' and memoirists' myths

'Lou needed care, but what he got was ECT'

The truth about the singer's upbringing beyond
Migrant boat disaster: This human tragedy has been brewing for four years and EU states can't say they were not warned

This human tragedy has been brewing for years

EU states can't say they were not warned
Women's sportswear: From tackling a marathon to a jog in the park, the right kit can help

Women's sportswear

From tackling a marathon to a jog in the park, the right kit can help
Hillary Clinton's outfits will be as important as her policies in her presidential bid

Clinton's clothes

Like it or not, her outfits will be as important as her policies
NHS struggling to monitor the safety and efficacy of its services outsourced to private providers

Who's monitoring the outsourced NHS services?

A report finds that private firms are not being properly assessed for their quality of care
Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

Zac Goldsmith: 'I'll trigger a by-election over Heathrow'

The Tory MP said he did not want to stand again unless his party's manifesto ruled out a third runway. But he's doing so. Watch this space
How do Greek voters feel about Syriza's backtracking on its anti-austerity pledge?

How do Greeks feel about Syriza?

Five voters from different backgrounds tell us what they expect from Syriza's charismatic leader Alexis Tsipras
From Iraq to Libya and Syria: The wars that come back to haunt us

The wars that come back to haunt us

David Cameron should not escape blame for his role in conflicts that are still raging, argues Patrick Cockburn
Sam Baker and Lauren Laverne: Too busy to surf? Head to The Pool

Too busy to surf? Head to The Pool

A new website is trying to declutter the internet to help busy women. Holly Williams meets the founders