sign in sign up
<<
Home , Renewable Heat Incentive

10 The Sunday Times August 12, 2018 BUSINESS

Liam Kelly LETTERS

more than 2,000 lewd text the industry, with a £2bn-a- Send your letters, including change hands as part of were, and still are, an added Mayfair club hit by phishing attack messages to a pair of year budget to clean up SIGNALS full name and address, refinancing and upgrading tax on every business and barmaids in his constituency, some of the planet’s most AND NOISE . . . to: The Sunday Times, arrangements, and we household, representing one We’ve all had those emails — Street, which is frequented put a spanner in the works. toxic buildings. 1 London Bridge Street, welcome all efforts to of the greatest transfers of you know the ones, where by the likes of Bill Gates and Stephen Haddrill, 62, the Given that, you might London SE1 9GF. Or email improve performance. money from ordinary folk to you click through to a supermodel Cara FRC’s lacklustre boss, has think its chief executive [email protected] Third, the suggestion that the already rich. website and you’re asked for Delevingne, is said to cost called for rule changes that ought to have a modicum Letters may be edited farmers find it difficult to run Philip Sullivan, Lutterworth, your credit card details and it about £2,500 a year. would help it be “quicker” of nuclear nous. an AD plant alongside their Leicestershire all seems a bit iffy. Apparently, the club — and “more transparent”. Not if a job ad on the Green energy story is farming operations does not Well, Prufrock learns that owned by Ukip donor and Maybe it should start with website of headhunter difficult to digest correlate with our Many more customers in nine unlucky members of wannabe Evelyn Waugh this, and insist the accounts Saxton Bampfylde last week I would like to raise some experience. A number of our the world than in the EU trendy private members’ character Robin Birley, who are laid before parliament is to be believed. “Previous points about last week’s news members do exactly this and My father, who had a small club 5 Hertford Street in also owns nearby Oswald’s — earlier in future? nuclear experience is not article on anaerobic digestion report a wide range of business, drummed into me Mayfair have been stung by is helping police with their necessary,” ran the ad, which (AD) plants (“Magic of benefits including home- that the more customers you just such a phishing scam. inquiries. has since been removed. ‘miracle’ green digesters grown energy, better had, the more goods sold and The fraudsters posed as Birley, 60, is so protective Nuke ad without The Nuclear fades as pioneers go bust”). management of farm wastes the more profit made. I take it the club asking for dues, then of the rarefied atmosphere Decommissioning Authority, First, AD plants are not and diversification of income. business and banks agree. absconded with thousands of that he once refused entry to an atom of nous which oversees the San Francisco is so overrun subsidised by the EU, as Peter Purpose-grown AD crops Yet the governor of the pounds from the members. One Direction, so I’m sure Running , Europe’s Cumbrian site, insists it was with bots and apps that I Evans states. Payments under are usually part of a Bank of England, Mark They picked a good target: bringing the rogues to justice biggest nuclear waste dump, just a draft ad that was could eat breakfast, lunch the EU’s common agricultural traditional agricultural Carney, predicts doom on membership of 5 Hertford will be a priority. is one of the toughest jobs in mistakenly posted. and dinner without policy (CAP) are not made to rotation, helping improve leaving the European Union Let’s hope it’s a bit more interacting with a human. support renewable energy food crop yields and soil based on economics — when rigorous when it comes to Danny Fortson on tech. generation on farms. quality, or they are grown on the EU has 0.5bn customers JUST SAYING . . . FRC accounts FUNNY BUSINESS cleaning up Sellafield’s toxic Farmers producing biogas marginal land. The amount of and the rest of the world 7bn. are overdue sludge. from an AD plant can receive land used for crops for Why so gloomy? The results in our MAGAZINE, PAGE 60 payments for producing energy generation in England Good customers will never Who audits the auditors’ renewable heat (from the is less than 1% and lower let you down. investments in auditor? MPs are supposed to Charlie Mullins renewable heat incentive, or across the devolved nations. Anthony Churchward, East scrutinise the accounts of the TWITTER POLL RHI), electricity (from the AD has a vital role to play Grinstead, West Sussex the stock market Financial Reporting Council and a Brexit sign feed-in tariff or renewables in recycling wastes, reducing are less than they (FRC), the beancounters’ Charlie Mullins, plumber to Yes No obligation), or transport fuel greenhouse gas emissions Profit isn’t everything, it’s watchdog, before parliament the stars and vocal remainer, (from the renewable and producing the renewable the only thing were in the first breaks up for summer. But has unveiled a banner on the transport fuel obligation). All energy, clean transport fuel, I agree with Luke Johnson half of last year there are months of delays side of his Pimlico Plumbers’ 44% 56% are entirely unrelated to the and soil-restoring biofertiliser (“When the business cycle this year, as the FRC has yet base in south London EU or the CAP. the UK desperately needs. turns, WeWork’s model just to publish its paperwork — screaming: “BREXIT — Second, despite the Charlotte Morton, chief won’t work”, last week). The despite a deadline of July 24. nobody voted to be poorer!” insolvencies, the UK AD executive, Anaerobic Digestion only measure for a business’s The hold-up is because Mullins, 65, says industry is growing and is and Bioresources Association, potential is an evidence- quangos’ accounts must be commuters have been forecast to continue to do so. Bankside, London SE1 based quantification of profit presented to parliament by writing to tell him the banner We expect as many as 50 new it would generate over a the minister responsible “brightens up their day”. biomethane-to-grid plants to Your article reported a rare reasonable period, based on before they can be published Maybe strike-weary rail New York has introduced a be built in the next 18 months success against speculator early profit produced, the Legal & General chief Nigel — in the FRC’s case, the small passengers are simply happy cap on new licences for as a result of restored RHI and landowner greed. As it profit competitors are making Wilson explains to the BBC business minister. The to see that they’re nearly at ride-hailing apps such as tariffs — a vital contribution said, these digesters and likely profit due to brand what the insurer meant by resignation of Andrew Waterloo station. Uber. Should London and to decarbonising the UK’s “attracted millions of pounds value or new consumers. “a reduction in positive Griffiths last month, after it liam.kelly@ other British cities follow heat supply. from big-name investors . . .” WeWork fails on all counts. investment variance” was revealed he had sent sunday-times.co.uk suit? @ST_Business As in all industries, it is not in order to take unearned Deep Sagar, Berkhamsted, uncommon for AD plants to subsidies. These subsidies Hertfordshire DATABANK INSIDE THE CITY JOHN COLLINGRIDGE THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR 2.4% 2.4% Panmure Gordon tipped it as stores, he plans to “invest in USD > GBP A Majestic a break-up candidate last year. customers” by pumping cash 7,800 CPI including housing current rate prev. month The mooted buyer, however, into tie-ups with partners 7,600 $1.28 2.3% 2.3% is no more: Conviviality, the such as retailer Hotel V 0.02 Retail prices index current rate prev. month hangover Bargain Booze and Wine Rack Chocolat and Barclays — and 12-month high: $1.44 7,400 low: $1.27 owner, tipped into by spending more on 3.4% 3.3% EURO in store for administration in April. vouchers to entice new 7,667.01 7,200 Average weekly earnings on prev. month on last year Since then, Majestic has customers. Gormley reckons 7.91 H:7,903.5 EUR > GBP tiptoed around the carnage of that every £1 spent on buying 0.10% L:6,866.9 7,000 £517 U0.2% U2.5% Unemployment current rate prev. month Gormley the high street, reporting customers pays back £4. 6,800 €1.12 underlying annual profits that His ambitions, however, FTSE 250 V 0.01 2017 2018 12-month high: €1.16 1.41m 4.2% 4.2% Surprisingly, Majestic Wine’s grew by a third to £17.2m, and assume the Naked Wines low: €1.07 boss, Rowan Gormley, is no slashing debt to just £8.4m. model is infinitely scalable — Source: Thomson Reuters Manufacturing output on the year on last month YEN oenophile. “I can’t taste a Sluggish growth in its chain of and that it translates to the RISERS FALLERS YEN > USD U1.3% U0.4% wine and go, ‘Oh yeah, about 210 stores has been high street. Naked Wines is as TT Electronics: 265p, U 20.5% on Domino’s Pizza: 107p, V 27.7% on profit slump Hill & Smith: £10.83, Retail sales on the year on last month limestone versus clay soil’,” offset by Naked Wines, which much a membership club as a profits boost Nostrum Oil & Gas: 257p, U 19.5% on analyst upgrade Cineworld: V 26.5% on project delays Lamprell: ¥110.86 he admitted to The Sunday grew sales by 11.3% last year retailer. Its customers (angels) 301.8p, U 13.5% on box-office hits 71.5p, V 16.4% on sentiment Spire U2.9% V 0.5% 20,667.45 V 0.39 Healthcare: 162p, V 16.2% on NHS cuts Times three years ago. and is now making a profit. “invest” £20 a month to get 32.12 H:21,371.5 Pendragon: 26.4p, U 9.8% on broker 12-month high: ¥114.72 note River and Mercantile: 302p, warning Countrywide: 14.1p, V 14% on low: ¥104.55 The former chief executive Gormley’s grand plan is to preferential access to wines 0.16% L:19,091.1 U 7.5% on sentiment continuing woes UK trade latest 3 mths prev. 3 mths latest 12 mths of Virgin Wines is, however, a replicate the success of Naked from independent vineyards OIL balance (£bn) -8.6 -3.8 -25.0 master salesman. In 2015, Wines with the larger at cheaper prices. With about DOLLARS/BARREL DOW JONES HANG SENG FTSE EUROFIRST Gross domestic latest quarter prev. quarter annual change Gormley, 56, clinched the Majestic group, using tactics 400,000 angels, about 25,313.14 28,366.62 1,510.50 product sale of a lifetime, flogging learnt at Virgin. Its annual £90m-£100m of Naked $72.81 U0.4% U0.2% U1.3% 149.44 H:26,616.7 690.30 H:33,484.1 13.43 H:1,588.0 Naked Wines, his loss-making report is littered with phrases Wines’ £156.1m revenues V 0.40 Budget deficit latest month prev. month year-to-date 0.59% L:21,600.3 2.49% L:26,863.7 0.88% L:1,415.8 12-month high: $80.50 (PSNB) in £bn online business, to Majestic such as “sticky customers” come from via these monthly low: $50.00 5.4 4.7 16.8 for £70m and becoming boss and “everyone is a VIP”. pre-payments. NASDAQ SHANGHAI SENSEX GOLD of the enlarged group. Rather than open more I struggle to see this trick 7,839.11 2,795.31 37,869.23 DOLLARS/TROY OZ That deal has left him as being replicated on the high 27.09 H:7,933.3 54.87 H:3,587.0 313.07 H:38,076.2 Majestic’s third-biggest Majestic Wine street, where consumers are 0.35% L:6,177.2 2.00% L:2,691.0 0.83% L:31,081.8 $1,214.99 10-YEAR BOND YIELDS % shareholder. The stock has fickle and the lure of cheap V 4.64 ricocheted about since 2015, 500p supermarket booze is S&P 500 CAC 40 ALL ORDS 12-month high: $1,359.26 variation 12 months but it has staged a minor omnipresent. Gormley has 2,833.28 5,414.68 6,366.80 low: $1,210.45 high low 7.07 H:2,872.9 40.40 H:6,398.2 recovery over the past year, done a decent job getting 64.30 H:5,657.4 BITCOIN UK 1.24 V 0.09 1.79 0.72 ending last week at 415p. That 400 Majestic into shape, but at 0.25% L:2,417.4 1.17% L:4,995.1 0.64% L:5,702.2 DOLLARS values Majestic, founded in some point his growth NIKKEI DAX S&P TSX US 2.87 V 0.08 3.13 2.02 1981, at £291.5m. ambitions will collide with $6,142.70 22,298.08 12,424.35 16,326.51 JAPAN 0.10 0.01 0.15 -0.01 A few things have given the 300 reality. A hangover is bound V 886.39 V 227.1 H:24,129.3 93.73 H:16,586.5 2017 2018 191.41 H:13,596.9 12-month high: $19,497.40 retailer a boost: one is that to follow. Avoid. 1.01% L:19,239.5 1.52% L:11,726.6 0.57% L:14,785.8 low: $919.50 GERMANY 0.32 V 0.09 0.80 0.19 analysts at stockbroker Source: Thomson Reuters @jcollingridgeST Price at 5pm Saturday

TOP 200 COMPANIES

Market cap ranking Price Change 52-week Mkt Cap Market cap ranking Price Change 52-week Mkt Cap Market cap ranking Price Change 52-week Mkt Cap Market cap ranking Price Change 52-week Mkt Cap Yield P/E Yield P/E Yield P/E Yield P/E V on week high low (£m) V on week high low (£m) V on week high low (£m) V on week high low (£m) 52 3i Group 946.4 +13.4 1029.5 853.0 3.2 - 9155.0 9 Diageo 2796.5 –26.5 2883.5 2354.5 2.3 23.1 68833.0 15 Lloyds Banking Group 61.9 –0.7 72.1 61.2 4.9 11.9 44237.0 57 Scottish Mortgage 557.0 +12.0 561.5 407.6 0.6 - 8004.2 187 3i Infrastructure 237.0 –6.0 271.7 203.0 3.7 - 1918.7 104 Direct Line Insurance 322.5 –14.7 398.3 322.5 6.3 11.4 4434.4 37 London Stock Exchange 4481.0 –8.0 4568.0 3649.0 1.1 26.3 15593.3 74 Segro 674.0 +4.0 679.0 522.0 2.5 6.0 6818.5 87 Admiral 1987.0 +21.0 2178.0 1784.0 2.7 17.0 5717.4 178 Dixons Carphone 175.9 +4.9 250.3 149.1 - 8.3 2041.4 154 Man 172.1 –5.3 217.7 160.6 4.7 14.1 2741.8 101 Severn Trent 1975.5 +46.5 2283.0 1703.0 4.2 19.4 4683.1 174 842.2 +35.4 983.0 641.8 3.2 19.9 2157.1 83 easyJet 1550.5 +1.0 1796.0 1151.0 2.6 13.8 6158.7 97 Marks & Spencer 302.6 +7.1 354.1 264.5 6.2 189.1 4916.6 151 Shaftesbury 917.0 –13.5 1055.0 917.0 1.7 8.1 2818.0 156 Alliance Trust 782.0 +14.0 784.0 689.0 1.7 - 2649.4 126 Electrocomponents 760.4 +22.0 760.4 568.6 1.6 22.6 3381.0 121 Mediclinic International 489.5 –24.7 764.5 484.9 1.6 - 3608.3 16 Shire 4450.5 +21.0 4500.0 2953.5 0.6 11.1 40695.3 26 Anglo American 1667.6 –25.2 1926.4 1238.5 4.6 9.3 23426.0 64 Evraz 510.0 –37.8 560.4 257.8 10.8 5.6 7361.1 106 Meggitt 542.8 –22.2 572.0 417.1 2.9 14.8 4214.8 200 Sirius Minerals 37.1 –0.4 38.7 22.0 - - 1742.5 49 Antofagasta 961.2 +1.6 1149.0 842.6 2.0 17.1 9476.1 34 Experian 1901.0 +35.5 1937.5 1446.0 1.6 29.2 17398.7 44 Melrose 216.8 +2.9 247.0 198.8 1.5 - 10532.7 24 Sky 1530.5 +17.5 1545.0 900.0 - 32.4 26309.6 158 Ashmore 357.0 –2.0 433.2 332.3 4.7 17.0 2544.5 39 Ferguson 6155.0 +175.0 6275.0 4707.8 1.7 17.4 14268.8 118 Merlin Entertainments 377.9 +2.9 468.2 318.4 2.0 18.8 3862.4 71 Smith (DS) 511.8 +9.8 513.4 361.9 2.8 22.2 6999.6 43 Ashtead 2393.0 +88.0 2412.0 1571.0 1.2 12.3 11650.0 113 Foreign & Colonial 734.0 +6.0 741.0 595.0 1.4 - 4001.3 147 Metro Bank 2956.0 –12.0 4040.0 2940.0 - 115.9 2879.0 42 Smith & Nephew 1356.5 nc 1431.0 1215.0 2.0 21.9 11860.6 33 Associated British Foods 2405.0 –38.0 3371.0 2389.0 1.7 18.2 19039.8 67 Fresnillo 989.2 –25.3 1672.0 980.6 3.1 20.0 7289.4 91 Micro Focus International 1244.0 +15.0 2739.0 911.8 5.9 8.9 5429.8 78 Smiths 1625.5 +31.5 1801.0 1444.0 2.7 17.6 6433.1 8 Astra Zeneca 6107.0 +261.0 6107.0 4384.0 3.2 38.7 77362.0 117 G4S 252.0 –22.3 300.7 238.4 3.8 20.5 3910.0 58 Mondi 2172.0 –64.0 2236.0 1693.0 2.5 17.7 7976.5 171 Smith WH 1985.0 +66.0 2347.0 1815.0 2.4 19.3 2176.7 111 Auto Trader 430.1 +4.3 440.8 319.0 1.3 24.3 4078.0 199 Genus 2866.0 +20.0 2992.0 1762.0 0.8 26.6 1763.8 193 Monks Investment Trust 840.0 –26.0 872.0 690.0 0.2 - 1849.3 62 Smurfit Kappa 3258.0 +44.0 3288.0 2150.0 2.4 16.3 7728.4 107 Aveva 2612.0 –78.0 3054.0 1803.0 1.0 55.9 4210.8 7 Glaxo Smith Kline 1564.4 +11.2 1612.8 1242.8 5.1 46.8 77594.3 82 Morrison Supermarkets 264.3 +3.5 264.8 204.1 2.1 20.3 6256.2 161 Sophos 501.5 –3.0 669.5 416.0 0.7 - 2375.3 31 Aviva 497.8 +3.4 552.0 486.5 5.5 18.0 19614.5 14 321.1 +3.0 415.0 309.1 3.2 10.1 45960.9 175 National Express 417.8 +15.0 422.2 340.9 3.2 15.6 2138.0 152 Spectris 2407.0 +47.0 2908.0 2229.0 2.3 9.9 2794.7 120 Babcock International 728.2 +25.6 862.4 626.2 3.9 10.9 3681.8 195 Grafton Group Units 756.5 –7.5 841.5 729.0 1.9 14.1 1804.8 22 National Grid 818.7 +9.9 981.5 736.8 5.4 7.7 27508.7 92 Spirax-Sarco 7265.0 +400.0 7265.0 5410.0 1.2 30.8 5347.9 30 BAE Systems 625.6 +0.6 676.4 535.5 3.5 26.5 19979.7 181 Great Portland Estates 714.9 –3.2 798.7 660.1 1.7 39.3 2013.6 119 Nex Group 1012.0 +4.0 1058.0 558.0 3.0 34.9 3842.9 170 Sports Direct International 405.4 +1.7 436.1 354.6 - 88.1 2176.9 182 Balfour Beatty 288.5 +0.7 311.1 253.5 1.0 12.3 1990.7 76 GVC Holdings 1125.0 –7.0 1170.0 748.0 1.3 - 6506.3 59 Next 5668.0 +6.0 6202.0 4046.0 2.8 13.6 7917.4 41 SSE 1270.5 +13.0 1441.0 1182.0 7.3 15.6 12898.2 19 Barclays 187.6 –1.1 217.0 178.9 1.6 - 32108.3 93 Halma 1408.0 –2.0 1456.0 1075.0 1.0 34.6 5345.4 56 NMC Health 4012.0 +138.0 4050.0 2183.0 0.2 60.1 8353.4 130 SSP 703.4 +13.1 710.4 517.2 1.2 32.6 3263.8 27 Standard Chartered 679.9 –9.4 849.2 669.3 1.2 26.2 22465.8 89 Barratt Developments 541.2 +12.4 700.0 483.0 4.5 8.7 5486.3 114 Hammerson 507.0 –5.2 577.5 434.4 5.0 25.7 3996.4 66 Ocado 1045.0 –43.5 1146.0 238.7 - - 7294.5 128 BBA Aviation 316.4 +10.2 368.8 292.5 2.3 35.5 3310.2 46 Hargreaves Lansdown 2091.0 +14.0 2124.0 1327.0 1.4 44.3 9918.0 85 St James’s Place Capital 1156.0 –7.0 1270.5 1052.0 3.7 40.3 6118.9 183 Page Group 593.5 –3.5 611.0 440.6 2.1 20.7 1946.1 191 BCA Marketplace 236.0 +6.0 242.0 149.6 3.0 33.7 1882.1 146 Hays 198.8 +2.4 208.6 165.5 1.6 19.2 2885.4 47 Standard Life Aberdeen 326.9 +19.0 446.3 304.2 6.5 11.3 9740.2 69 Pearson 920.0 +12.0 957.4 566.5 1.9 12.1 7185.7 141 Beazley 567.0 +4.5 619.5 450.0 2.0 86.0 2991.6 149 HICL Infrastructure 157.9 +0.3 163.6 133.5 5.1 - 2835.2 188 Synthomer 564.0 +44.0 575.5 460.0 2.2 19.0 1916.9 132 Pennon 771.8 +22.0 821.5 583.4 4.8 16.1 3239.6 123 Bellway 2883.0 +11.0 3792.0 2838.0 4.2 7.3 3545.5 112 Hikma Pharmaceuticals 1673.0 +42.5 1690.0 855.6 1.5 - 4039.0 142 Tate & Lyle 637.4 +4.0 710.0 526.0 4.4 11.4 2978.7 159 Pershing Square Holdings 1205.0 +21.9 1206.6 951.2 - - 2529.6 98 Berkeley 3700.0 +24.0 4321.0 3468.0 2.9 6.7 4909.3 99 Hiscox 1669.0 +9.0 1670.0 1214.0 1.7 99.9 4798.9 88 Taylor Wimpey 172.4 +1.5 211.2 169.8 2.8 8.9 5647.3 61 Persimmon 2474.0 +37.0 2890.0 2394.0 5.5 10.2 7742.6 6 BHP Billiton 1696.0 –2.2 1779.2 1305.5 3.6 26.0 90278.1 127 Homeserve 1006.0 +11.0 1027.0 705.0 1.6 33.9 3338.6 190 Templeton Emerging Markets 722.0 +1.0 825.0 690.0 2.0 - 1895.7 176 621.0 +22.4 651.8 397.3 6.8 - 2109.4 108 B&M European 416.0 nc 434.8 358.6 1.5 22.4 4162.3 148 Howden Joinery 469.3 +4.3 539.0 399.5 2.4 15.4 2870.6 25 Tesco 266.2 +6.7 266.2 176.0 0.4 22.0 26061.4 116 Phoenix Group Holdings 691.5 +10.0 695.5 496.2 6.4 - 3990.1 185 Bodycote 1008.0 +7.0 1055.0 835.5 1.7 18.4 1929.9 2 HSBC 721.3 +5.5 796.0 662.1 5.3 19.4 143698.3 150 Travis Perkins 1120.0 +18.0 1609.0 1102.0 4.0 12.1 2824.0 198 Playtech 556.2 +5.0 995.5 497.8 5.4 8.4 1765.1 4 BP 556.0 –4.5 592.8 440.0 5.4 20.8 111093.9 131 IG Group 880.5 –38.5 954.5 617.0 3.7 16.7 3247.7 168 Tritax Big Box Reit 152.2 –0.5 156.9 139.6 4.2 7.5 2242.8 196 Polar Capital Technology 1336.0 +46.0 1342.0 - - - 1788.7 5 British American Tobacco 4154.5 –35.0 5100.0 3635.0 4.8 2.3 95293.2 135 IMI 1154.0 –12.0 1443.0 1013.0 3.4 21.5 3139.4 51 Tui 1565.5 –9.5 1810.5 1231.0 3.7 12.8 9195.5 144 Polymetal International 654.2 –19.6 956.0 591.0 3.6 10.9 2960.8 79 British Land 643.2 –12.8 697.0 590.5 4.6 13.3 6302.6 21 Imperial Brands 2945.0 +16.0 3327.5 2325.0 5.8 23.0 28087.6 133 230.5 +10.5 276.0 151.2 - 17.6 3208.6 86 Paddy Power Betfair 7255.0 –885.0 9110.0 6665.0 2.8 28.3 6003.8 177 Britvic 792.0 –8.0 834.5 661.5 3.3 19.7 2095.4 145 Inchcape 703.0 +4.0 880.5 670.0 3.8 12.1 2918.4 192 UDG Healthcare 746.0 –76.5 959.0 734.5 1.3 62.4 1855.3 13 Prudential 1797.5 +50.5 1981.0 1714.7 2.6 20.6 46589.1 28 BT 224.9 –9.4 297.0 202.9 6.8 11.0 22319.3 173 Indivior 297.6 –3.4 496.2 266.5 - 43.7 2167.4 3 Unilever 4373.5 +4.0 4548.5 3695.0 3.0 22.8 118889.2 180 BTG 521.0 –8.0 779.0 475.0 - 133.6 2016.8 45 Informa 798.0 +11.8 859.0 659.5 2.6 23.5 9987.8 94 Randgold Resources 5404.0 –206.0 8190.0 5404.0 2.9 29.2 5102.9 162 Unite Group 875.0 –13.0 888.0 656.0 2.6 7.9 2304.7 60 Bunzl 2321.0 +42.0 2350.0 1936.0 1.9 24.8 7805.8 157 Inmarsat 558.8 +8.8 743.5 336.4 4.5 245.9 2579.3 12 Reckitt Benckiser 6819.0 –46.0 7421.0 5443.0 2.4 14.0 48182.3 95 738.2 +15.8 928.5 656.0 5.3 14.2 5033.7 50 Burberry 2219.0 +93.0 2225.0 1498.0 1.8 32.4 9202.3 53 Intercontinental Hotels 4741.0 +29.0 4966.0 3668.0 1.6 20.7 9039.7 184 Redrow 526.0 +0.5 664.5 516.0 3.2 6.7 1945.2 164 838.0 +13.0 954.0 632.4 4.9 - 2289.8 167 Capital & Counties Properties 267.0 –2.2 319.9 253.1 0.6 - 2270.6 140 Intermediate Capital 1040.0 –7.0 1203.0 841.0 2.7 11.7 3019.6 18 Relx 1690.5 +14.0 1782.0 1429.5 2.3 20.6 33433.8 153 Victrex 3196.0 +22.0 3236.0 2000.0 1.7 23.8 2753.0 165 Capita 136.8 +3.8 667.0 123.2 4.9 - 2281.5 54 Intertek 5334.0 –506.0 6014.0 4554.0 1.3 30.0 8608.7 115 Renishaw 5490.0 +100.0 5775.0 4336.0 0.9 29.1 3996.1 194 Virgin Money 408.4 +7.9 - - 1.5 10.7 1821.7 17 Carnival 4623.0 +166.0 5380.0 4215.0 2.9 15.7 34002.7 40 International Airlines Group 679.0 +9.2 726.6 584.0 3.5 5.9 13664.1 84 Rentokil Initial 333.3 +5.9 355.1 258.7 1.2 33.1 6143.8 11 Vodafone 182.5 –2.3 238.0 175.1 7.2 13.2 48760.3 55 148.3 +4.8 204.6 124.1 8.1 15.8 8367.7 172 International Public Partnerships 154.8 –0.2 166.6 138.2 4.3 18.5 2175.6 105 Rightmove 4897.0 +35.0 5350.0 3889.0 1.2 29.4 4430.5 96 Weir 1905.5 nc 2325.0 1733.0 2.3 26.4 4943.3 109 Cineworld 301.8 +31.8 670.5 97.9 1.9 31.6 4137.5 163 Intu Properties 169.9 –1.0 253.0 165.0 8.2 - 2302.9 10 3803.0 –189.0 4492.0 3370.0 5.7 8.7 66264.0 63 Whitbread 4012.0 +100.0 4331.0 3512.0 2.4 16.8 7367.2 160 Close Brothers 1575.0 +15.0 1613.0 1316.0 3.8 12.0 2385.1 122 Investec 522.0 –14.2 648.6 461.4 4.5 10.5 3551.9 129 RIT Capital Partners 2115.0 nc 2130.0 1844.0 - - 3285.7 166 William Hill 264.7 –3.9 338.0 240.0 5.0 - 2278.0 139 Cobham 126.8 –1.8 148.0 113.4 - 13.3 3030.6 75 ITV 168.9 +4.9 180.4 142.4 4.6 16.2 6796.9 32 Rolls-Royce 1044.0 –50.0 1094.0 814.0 1.1 9.2 19518.5 179 Witan Investment Trust 1134.0 +16.0 1138.0 995.0 2.0 - 2023.0 48 Coca Cola HBC 2644.0 –95.0 2801.0 2216.0 1.8 24.3 9735.6 169 IWG 245.7 –54.3 332.4 190.9 2.3 24.1 2237.9 143 Rotork 340.6 –18.4 361.4 223.5 1.6 50.1 2964.9 125 Wizz Air 3382.0 +29.0 3797.0 2760.0 - 17.7 3469.1 23 Compass 1667.0 +30.0 1679.0 1425.0 2.0 23.3 26401.4 136 Jardine Lloyd Thompson 1430.0 +38.0 1448.0 1144.0 2.4 28.0 3132.2 20 Royal Bank Of Scotland 247.9 –9.9 302.4 241.2 - 42.7 29866.6 103 Wood 667.2 +21.2 736.5 521.4 3.7 - 4521.9 197 Computacenter 1560.0 –4.0 1620.0 877.0 1.4 23.5 1780.6 100 JD Sports 486.1 +21.1 487.0 303.3 0.3 20.4 4730.9 1 A 2531.0 –13.5 2748.5 2102.5 5.6 14.2 211009.0 186 Workspace Group 1070.0 –10.0 1165.0 855.0 2.0 8.6 1929.9 110 Convatec 208.0 +0.1 292.2 182.0 2.1 22.9 4079.9 70 Johnson Matthey 3683.0 +9.0 3823.0 2727.0 2.1 23.8 7127.8 Royal Dutch Shell B 2570.5 –27.5 2841.0 2142.5 5.5 14.4 38 WPP 1235.0 +58.0 1603.0 1094.0 4.8 8.7 15582.8 29 CRH 2520.0 –31.0 2861.0 2338.0 2.3 13.4 20970.1 189 Jupiter Fund Management 416.9 –9.0 631.4 416.9 4.1 12.1 1908.2 102 Royal Mail 465.7 +3.2 631.0 369.9 5.0 18.1 4657.0 73 Croda 5202.0 nc 5270.0 3675.0 1.6 28.2 6848.1 90 Just Eat 799.0 –7.4 890.0 601.5 - - 5438.9 138 RPC 759.4 –29.0 993.0 648.6 3.4 12.4 3083.2 Price/earnings ratios are based on historic data, with yield and p/e values 137 CYBG 352.8 +6.8 364.2 282.6 0.3 66.6 3125.9 155 Kaz Minerals 612.4 +2.8 1076.0 587.8 - 8.3 2736.8 77 RSA Insurance 628.0 –0.2 681.8 593.5 3.1 21.4 6448.3 calculated from the most recent reported dividends and earnings per share, 81 DCC 7010.0 +130.0 7755.0 6475.0 1.6 27.1 6261.5 80 Kingfisher 294.1 –0.1 362.5 278.8 3.6 13.4 6268.1 68 Sage 672.0 +12.0 821.4 598.4 2.3 28.3 7282.3 using trailing 12-month figures. 52-week highs and lows are end of day. 134 Dechra Pharmaceuticals 3124.0 +88.0 3124.0 1787.0 0.7 68.0 3196.8 72 Land Securities 935.0 –8.6 1097.6 906.8 4.5 40.6 6932.6 65 Sainsbury, J 333.8 +4.8 338.0 224.8 2.9 26.3 7345.1 nc = no change Data provided by Morningstar. Any enquiries please contact: 124 Derwent London 3130.0 –3.0 3235.0 2625.0 1.9 11.6 3491.1 35 Legal & General 264.6 +5.5 286.2 249.5 5.8 9.7 15770.1 36 Schroders 3100.0 –21.0 3773.0 3073.0 3.7 14.1 15763.0 [email protected]