10 The Sunday Times October 28, 2018 BUSINESS

Liam Kelly LETTERS

— and MPs are set to be businesses in here — and Send your letters, including company and get a fat salary? Chief executives seem to want To the bat cave for CapCo boss moved out so the leaky, Jacob Rees-Mogg’s firm — and SEASON THREE full name and address, We should be doing all we can a soft Brexit or no exit. They asbestos-ridden and highly everyone will be happy.” to: The Sunday Times, to encourage entrepreneurs should call the main Brexit While property developer Dunbar Smith and Cecil flammable Gothic palace can I’m not sure the member OF DANNY IN 1 London Bridge Street, and squeeze the fat cats who leaders — Jacob Rees-Mogg, Capital & Counties struggles, Brewer, and councillors be refurbished for £3.5bn. for the 19th century would fit THE VALLEY London SE1 9GF. Or email make more money than them David Davis, Nigel Farage and the shares down by a fifth worried about the impact of Where they go is up in the in at a company that has [email protected] without risking anything. Iain Duncan Smith — with a this year, chief executive the scheme on local roads. air, but trendy shared-office gone veggie and throws Letters may be edited Name and address supplied view to getting them to Ian Hawksworth has been Prufrock hears that after provider WeWork might music festivals in the forest MIKE HARRIS: A change their positions so they focusing on a different kind three years, Hawksworth, 53, fancy its chances. for members. Businesses are Brexiting could work with Theresa May of housing project. who was paid £1.3m last year, At the launch of a report BRIT TRACKING Tax system is no longer even before the UK does rather than oppose her. He has built a smart five- is set to move in next month. sponsored by the American fit for purpose Evidence that companies are Should the chiefs not make bedroom abode that In an outbuilding loft is a giant, best known for its beer Beauty couldn’t DOWN RUSSIAN Tommy Stubbington is right activating Brexit contingency it their mission to roll the includes a gym, pool and bat roost, but he isn’t about taps, MP Ed Vaizey made an HACKERS that we need to look at the plans (“Business on the brink main Brexit influencers back giant games room in a sleepy to be unmasked as Bruce appearance. Does he want to save the beasts tax system (“Tax perks worth of a nervous breakdown”, last from their suicidal course? Buckinghamshire village. Wayne; installing it to protect move to a WeWork? “I don’t David Gill has found out that £400bn just waiting to be week) tallies with our own Vikram Bose, Christchurch, He stood strong in the face the local bat population was think we could afford it,” only so many animals can die plucked”, last week). There experience with clients. Dorset of opposition from the a condition of planning Vaizey, 50, said. on your watch before a zoo is are, indeed, too many reliefs, We have seen a noticeable Victorian Society, concerned consent. Far easier than But he had a cunning no longer economically many no longer serving their acceleration in the numbers National and society about demolition of the dealing with Hammersmith alternative: “I think we viable. The answer, it turns original purpose. spending large sums to lotteries can co-exist previous building designed & Fulham council on CapCo’s should give control of out, is 486. But a sweeping removal of reconfigure supply chains, As chief executive of cancer by noted architects Arnold troubled Earls Court scheme. parliament to WeWork, get The taxman has presented reliefs won’t fix the problem. move facilities overseas or support charity Maggie’s, Gill’s company, South Lakes Our tax system is not build warehouse inventory. I see how the support we Safari Zoo, with a winding-up equipped for the current We expect the pace and receive from players of the JUST SAYING . . . Red John rattles FUNNY BUSINESS petition to be heard in court THESUNDAYTIMES.CO.UK/ environment of rapidly intensity of this to increase if People’s Postcode Lottery brass on Wednesday. Gill, 57, was DANNYINTHE VALLEY changing business models, no deal is done by Christmas. helps those living with cancer As time stripped of the licence to run relentlessly fast technological This presents three (“Camelot under threat as John McDonnell, the shadow the Cumbrian zoo last year, and global developments and dangers. The first is the waste ministers mull opening goes by, chancellor, continues his amid a string of animal modern ways of working. of corporate resources on lottery floodgates”, last hard-left version of New welfare concerns. In April, TWITTER POLL Trying to reform bits of the actions that are potentially week). In 10 years of we hope Labour’s 1990s prawn he took the blame for the system will cover the cracks pointless. Second, many partnership, Maggie’s has to expand cocktail offensive. death in 2013 of a keeper in Yes No for only so long. Piecemeal firms will stick by their received almost £12m. His latest outing, to the zoo’s tiger house. changes just add to the decision to relocate some or Your article raised concern into Saudi Schroders, apparently Hundreds of animals froze complexity. A root-and- all activities overseas, leaving that proposed changes could rattled the fund manager’s to death or died of 56% 44% branch review is needed to the economy worse off. harm the National Lottery, executives because they dehydration while Gill’s third ensure our system represents The third is that business “putting returns to good recently moved to swanky wife, Frieda Rivera- the world we live in and the becomes disengaged from the causes and society at risk”. new offices by Moorgate in Schreiber, a Miss Peru world into which we are debate. Like the Formula One However, Gambling the City. Luckily McDonnell, beauty contest finalist, was moving, before it is too late. driver who has switched to Commission research shows 67, doesn’t have the power to the vet. She is not allowed to Kevin Nicholson, wet tyres and wants the rain it is possible for the National nationalise them — yet. treat animals in Britain. head of tax, PwC to continue, companies that Lottery and society lotteries Gill does not respond to were ready (or at least readier to co-exist and grow. It is also The Duke of York plots requests for comment. Is he As a keen Brexiteer, should So entrepreneurs’ relief is than their rivals) would have clear that the protection of the growth of his Could WeWork plotting his next venture — Sir James Dyson have “one of the most egregious” less incentive to speak out. the National Lottery’s ability entrepreneurship scheme, or just fishing for coins chosen to build his new examples of tax relief”? Do Just when business needs to to raise funds for good causes days after the Gulf state rehouse MPs? down the back of the sofa? electric car in Britain, people realise how difficult raise its voice on the debate, is a key objective of the admitted journalist Jamal Parliament is falling apart — liam.kelly@ rather than Singapore? and risky it is to set up and we could become quieter. proposals, an ethos we share. Khashoggi had been killed literally, as well as over Brexit sunday-times.co.uk @ST_Business run a business rather than James Stewart, head of Brexit, Laura Lee, chief executive, climb the pole in a big KPMG UK Maggie’s, Edinburgh DATABANK INSIDE THE CITY SAM CHAMBERS THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR 2.4% 2.7% Plumb said Just Eat would Eats, meanwhile, is said to be USD > GBP It may be spend about £60m this year, in talks to buy Deliveroo 8,000 CPI including housing current rate prev. month much of it on developing its outright. If that came to pass, 7,750 $1.28 2.2% 2.4% own delivery network, Just Eat would face a single V 0.02 Retail prices index current rate prev. month time to copying the business model more powerful rival. 12-month high: $1.44 7,500 low: $1.27 of its rivals. This will allow it Plumb succeeded the 3.3% 3.5% EURO order Just to offer takeaways from charismatic David Buttress, 6,939.56 7,250 Average weekly earnings on prev. month on last year restaurants that don’t have whose business card read 110.24 H:7,903.5 EUR > GBP 7,000 £523 0.6% 3.0% Eat again their own fleet of delivery “chief executive officer and 1.56% L:6,851.6 U U Unemployment current rate prev. month drivers, offering greater anti-cooking activist”. 6,750 €1.12 protection against the threat Buttress became a favourite FTSE 250 V 0.01 2017 2018 12-month high: €1.16 1.36m 4.0% 4.0% of customers defecting. with investors after leading low: €1.10 Investors are cancelling their However, Just Eat’s short- Just Eat through a period of Source: Thomson Reuters Manufacturing output on the year on last month YEN orders for Just Eat. term profit took a hit from the rapid growth. The less RISERS FALLERS YEN > USD U1.3% V 0.2% The online marketplace for outlay and sparked the share exuberant Plumb has yet to Communisis: 70.8p, U 37.2% on RPS: 142p, V 32.7% on profit warning Circassia Pharmaceuticals: 48.1p, Retail sales on the year on last month everything from chicken sell-off, and this was win over the City; an analyst takeover deal Just: 90p, U 19.4% on mortgage rule change delay Domino’s V 26.3% on sentiment Hastings: 187p, ¥111.80 chow mein to margherita compounded by a slowdown says his presentations “don’t Pizza: 108p, U 14.7% on continuing V 17.8% on flat customer numbers U3.0% V 0.8% 18,352.90 V 0.74 Discoverie: 354p, V 16.7% on investor pizzas has fallen out of favour in Just Eat’s orders during the inspire a lot of confidence”. 442.85 H:21,371.5 gains Thomas Cook: 44.7p, U 10.2% on 12-month high: ¥114.72 price review : jitters TT Electronics: 201p, V 16.4% low: ¥104.55 as fears grow that the new summer heatwave and more He has undoubtedly taken 2.36% L:18,206.1 £36.19, U 9.7% on production report on sentiment UK trade latest 3 mths prev. 3 mths latest 12 mths whizzy, urban offerings from general worries about highly the reins in more turbulent OIL balance (£bn) -2.8 -7.5 -15.1 Deliveroo and Uber Eats will valued companies. times, but Plumb can offer a DOLLARS/BARREL DOW JONES HANG SENG FTSE EUROFIRST Gross domestic latest quarter prev. quarter annual change end the good times. Just Eat’s Since Plumb announced little perspective this week. 24,688.31 24,717.63 1,386.66 product shares have lost almost a his intention to diversify, He is expected to report that $77.62 U0.4% U0.1% U1.2% 756.03 H:26,951.8 843.77 H:33,484.1 34.27 H:1,588.0 third of their value this year, Deliveroo has intensified the Just Eat grew orders by 25% in V 2.16 Budget deficit latest month prev. month year-to-date 2.97% L:23,242.7 3.30% L:24,589.0 2.41% L:1,370.7 12-month high: $86.74 (PSNB) in £bn with the company now takeaway turf wars by the third quarter, while low: $58.05 -4.1 -5.6 -19.9 valued at 28 times expected announcing its own analysts estimate that NASDAQ SHANGHAI SENSEX GOLD earnings, an all-time low. marketplace service. Uber underlying earnings will be 7,167.21 2,598.85 33,349.31 DOLLARS/TROY OZ Just Eat contends that £184m this year, despite the 281.81 H:8,133.3 48.38 H:3,587.0 966.32 H:38,989.7 London-centric investors Just Eat big investment. 3.78% L:6,550.0 1.90% L:2,449.2 2.82% L:32,483.8 $1,241.80 10-YEAR BOND YIELDS % overstate the threat posed by Highly valued stocks U 15.28 Deliveroo and Uber Eats, 850p always pose risks, but with S&P 500 CAC 40 ALL ORDS 12-month high: $1,359.26 variation 12 months which make the bulk of their almost half its sales now 2,658.69 4,967.37 5,759.60 low: $1,179.16 high low 109.09 H:2,940.9 283.20 H:6,481.3 sales in the capital. It points 750 made internationally, Just Eat 117.29 H:5,657.4 BITCOIN UK 1.38 V 0.18 1.79 1.10 out that 86% of Just Eat’s has spread its risk. The online 3.94% L:2,532.7 2.31% L:4,896.8 4.69% L:5,721.6 DOLLARS domestic revenues are made 650 takeaway market also has NIKKEI DAX S&P TSX US 3.08 V 0.11 3.26 2.30 outside London. plenty of room to grow, so $6,481.33 21,184.60 11,200.62 14,888.26 JAPAN 0.11 0.04 0.17 0.02 The company’s actions tell 550 perhaps the shares have U 196.06 V 1,347.48 H:24,448.1 353.21 H:13,596.9 581.84 H:16,586.5 12-month high: $19,497.40 a different story, though. In 2017 2018 fallen a little too far. 5.98% L:20,347.5 3.06% L:11,051.0 3.76% L:14,732.0 low: $919.50 GERMANY 0.35 V 0.09 0.80 0.19 March chief executive Peter Source: Thomson Reuters @SamChambersDMC 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) 46 Group 841.0 –3.4 1029.5 832.4 3.5 - 8178.6 97 Direct Line Insurance 317.3 –5.9 393.2 317.3 6.4 11.2 4362.9 13 56.8 +0.7 72.1 56.1 5.4 10.9 40418.6 77 RSA Insurance 541.4 –6.6 681.8 541.4 3.6 18.4 5559.3 172 3i Infrastructure 244.1 –2.7 271.7 203.0 3.5 - 1979.5 176 Dixons Carphone 161.0 +3.5 234.7 149.1 - 7.6 1867.9 34 London Stock Exchange 4236.0 –155.0 4794.0 3649.0 1.2 24.9 14748.0 74 Sage 526.4 –21.6 821.4 525.6 2.9 22.2 5711.8 76 Admiral 1935.0 –68.0 2118.0 1803.5 2.7 16.5 5576.7 189 Drax 400.8 –9.2 420.0 221.4 3.1 - 1592.9 148 Man 151.1 +9.4 217.7 138.2 5.3 12.4 2380.4 62 Sainsbury, J 304.8 +0.7 341.5 224.8 3.2 24.0 6710.1 160 Aggreko 832.0 +3.2 983.0 641.8 3.3 19.6 2131.0 95 EasyJet 1168.0 +100.0 1796.0 1068.0 3.5 10.4 4639.4 93 Marks & Spencer 287.6 +3.0 346.2 264.5 6.5 179.8 4673.1 56 Schroders 2609.0 –187.0 3773.0 2608.0 4.3 11.9 7150.6 149 Alliance 710.0 –17.0 785.0 689.0 1.9 - 2380.1 140 Electrocomponents 589.8 –21.8 761.6 568.6 2.1 17.5 2616.5 142 Mediclinic International 351.2 –13.1 706.4 340.5 2.2 - 2588.8 60 Scottish Mortgage 462.9 –20.4 568.3 420.6 0.6 - 6734.9 25 Anglo American 1616.2 –21.6 1926.4 1343.0 4.8 9.0 22704.0 180 Entertainment One 385.0 –62.6 447.6 268.0 0.3 26.7 1784.1 108 Meggitt 506.0 –10.6 572.0 417.1 3.1 13.8 3929.1 67 620.2 –13.6 679.0 527.0 2.7 5.5 6285.7 52 Antofagasta 745.6 –22.4 1149.0 727.2 1.0 14.9 7350.5 53 503.0 –20.6 584.0 279.1 11.0 5.5 7260.0 50 Melrose 154.0 –10.4 247.0 154.0 2.7 - 7481.7 98 1834.0 –50.5 2185.0 1703.0 4.6 18.0 4348.6 200 Ascential 369.8 +2.0 465.0 336.9 1.5 75.5 1481.9 33 1752.0 –38.5 1988.5 1508.0 1.7 27.0 15977.2 121 Merlin Entertainments 313.1 –12.6 410.5 311.4 2.4 15.6 3200.1 133 Shaftesbury 906.5 +0.5 1055.0 866.5 1.8 8.0 2785.7 147 Ashmore 342.8 –10.4 433.2 337.0 4.9 16.1 2443.3 38 Ferguson 4990.5 –335.5 6556.0 4990.5 2.5 19.3 11570.2 169 Metro Bank 2076.0 –398.0 4040.0 2076.0 - 81.4 2022.3 14 Shire 4400.0 –108.0 4624.0 2953.5 0.6 11.0 40247.1 42 Ashtead 1812.0 –88.0 2438.0 1812.0 1.6 8.8 8743.8 114 Foreign & Colonial 654.0 –20.0 741.0 612.0 1.6 - 3605.5 85 Micro Focus International 1198.5 –143.5 2739.0 911.8 6.1 8.6 5116.9 87 Smith (DS) 366.0 –19.1 513.4 361.9 3.9 15.9 5012.0 27 2397.0 +97.0 3356.0 2225.0 1.7 18.2 18976.4 63 Fresnillo 909.8 +22.2 1436.5 772.2 3.4 18.4 6704.3 193 Millennium & Copthorne Hotels 469.0 –6.0 625.5 460.0 1.4 13.9 1523.3 40 Smith & Nephew 1258.0 –11.0 1428.0 1215.0 2.1 20.3 11000.4 8 Astra Zeneca 5755.0 –179.0 6107.0 4705.0 3.6 36.0 72903.5 118 G4S 212.4 –3.7 291.3 211.6 4.6 17.3 3295.6 65 1780.0 –31.0 2236.0 1693.0 3.0 14.5 6536.9 82 Smiths 1331.0 +36.0 1801.0 1279.5 3.3 19.3 5269.7 111 Auto Trader 389.6 +1.1 466.3 319.0 1.4 22.0 3658.0 7 Glaxo Smith Kline 1509.4 –48.2 1619.4 1242.8 5.3 45.3 74873.5 194 Moneysupermarket 283.6 +1.4 366.5 256.9 3.7 19.0 1520.7 177 Smith WH 1699.0 –75.0 2347.0 1699.0 2.8 16.5 1853.6 105 2490.0 –188.0 3054.0 1803.0 1.1 53.3 4015.6 12 302.5 –5.8 415.0 286.9 3.4 9.5 42783.4 186 Monks Investment Trust 745.0 –31.0 872.0 742.0 0.2 - 1635.8 71 2524.0 +44.0 3292.0 2197.0 3.1 12.6 5987.2 31 416.8 –1.7 552.0 413.9 6.6 15.1 16261.0 188 Grafton Group Units 680.5 –27.0 841.5 680.5 2.3 11.6 1623.4 72 Morrison Supermarkets 248.5 –1.6 269.4 204.1 2.5 24.5 5883.8 174 Sophos 406.6 –72.0 669.5 406.6 0.8 - 1942.3 130 Babcock International 583.8 –35.8 862.4 583.8 4.9 8.8 2951.7 196 Greene King 486.5 –5.0 642.6 458.9 6.8 9.3 1508.1 167 National Express 401.0 –20.0 422.2 344.6 3.4 15.0 2052.1 150 Spectris 2019.0 +14.0 2908.0 1966.5 2.8 8.3 2332.0 30 BAE Systems 532.0 –7.8 676.4 532.0 4.1 22.5 16996.4 173 Great Portland Estates 699.0 –3.7 798.7 656.5 1.7 38.4 1968.8 20 National Grid 832.2 +4.4 928.3 736.8 5.4 7.8 28282.9 94 Spirax-Sarco 6330.0 –10.0 7345.0 5410.0 1.4 26.8 4659.6 181 Balfour Beatty 250.8 –5.7 311.1 250.8 1.4 8.0 1730.5 86 GVC Holdings 865.5 –94.5 1170.0 860.0 3.5 33.8 5034.1 102 Nex 1089.0 –1.0 1091.0 558.0 2.8 37.5 4135.3 183 Sports Direct International 313.2 –1.7 436.1 310.0 - 68.1 1681.8 37 SSE 1130.5 –19.5 1440.5 1084.0 8.2 13.9 11604.9 19 168.1 +4.6 217.0 162.8 1.8 - 28783.6 92 Halma 1246.0 –49.0 1504.0 1146.0 1.1 30.6 4730.4 54 Next 5162.0 +70.0 6202.0 4230.0 3.1 12.2 7210.6 89 488.9 –2.7 659.0 483.0 5.3 7.4 4957.8 117 Hammerson 433.6 –13.7 570.0 425.8 5.9 22.0 3368.2 124 SSP 663.6 –6.1 742.7 598.8 1.3 30.7 3079.2 61 NMC Health 3228.0 +198.0 4120.0 2700.0 0.4 41.2 6721.0 146 BBA Aviation 242.8 –10.4 368.8 242.2 3.0 27.3 2507.1 44 1772.0 –27.5 2270.0 1550.0 1.7 35.7 8404.9 29 522.5 –23.6 849.2 519.8 1.6 20.1 17279.1 79 Ocado 782.4 –64.2 1146.0 238.7 - - 5462.7 191 BCA Marketplace 193.6 +0.4 242.0 149.6 3.7 27.7 1544.0 152 Hays 156.4 –1.3 212.0 155.0 2.1 13.8 2278.8 84 St James’s Place Capital 969.8 –65.7 1270.5 969.8 4.4 33.8 5133.5 187 PageGroup 498.4 –10.1 623.5 440.6 2.5 17.4 1634.3 138 Beazley 503.5 –32.5 619.5 479.7 2.3 76.4 2657.1 134 HICL Infrastructure 156.1 +1.9 163.1 133.5 5.2 - 2779.2 64 257.0 –1.5 505.8 257.0 8.3 8.9 6605.6 58 Pearson 895.4 +20.6 957.4 653.0 1.9 11.8 6993.6 116 Bellway 2767.0 +17.0 3698.0 2750.0 4.4 7.0 3402.9 101 1752.5 –35.0 2016.0 855.6 1.4 - 4231.3 123 Tate & Lyle 663.0 –0.6 710.0 526.0 4.2 11.8 3098.4 125 Pennon 731.0 –2.4 821.5 583.4 5.0 15.3 3072.2 99 Berkeley 3308.0 +49.0 4321.0 3259.0 3.3 6.0 4277.2 96 Hiscox 1572.0 –52.0 1711.0 1332.0 1.8 94.1 4521.8 88 151.9 +0.4 211.2 151.2 3.1 7.9 4975.6 151 Pershing Square Holdings 1092.6 –39.0 1209.7 947.5 - - 2308.1 6 BHP Billiton 1518.6 –20.4 1779.2 1328.5 4.9 16.1 80843.0 128 Homeserve 921.0 –0.5 1041.0 705.0 1.7 31.0 3056.8 184 Templeton Emerging Markets 651.0 –12.0 825.0 649.0 2.3 - 1671.9 59 Persimmon 2186.0 +24.0 2880.0 2162.0 10.8 8.5 6906.4 107 B&M European 396.4 +11.0 434.8 373.0 1.6 21.3 3966.2 135 Howden Joinery 447.9 +7.5 539.0 407.5 2.5 14.7 2726.4 26 212.8 –1.8 266.2 176.0 1.4 18.8 20840.5 175 Petrofac 561.0 –33.4 663.4 397.3 5.2 - 1905.6 4 BP 528.1 –29.4 598.3 459.8 5.7 19.7 105953.1 2 HSBC 605.0 –15.4 796.0 600.8 6.3 16.3 120563.1 195 TP Icap 269.2 –0.8 553.6 259.7 6.3 35.0 1516.5 100 Holdings 591.0 –20.5 714.5 496.2 7.6 57.7 4262.0 5 British American Tobacco 3619.0 +319.5 5100.0 3176.5 5.5 2.0 83010.7 163 IG Group 568.5 –16.0 954.5 568.5 5.7 9.3 2096.9 145 Travis Perkins 997.0 +27.0 1609.0 970.0 4.5 10.8 2513.9 199 Playtech 467.1 +23.8 986.5 425.0 6.8 6.5 1482.3 75 583.2 –2.2 697.0 561.0 5.1 12.0 5664.9 143 IMI 941.5 –7.0 1443.0 918.5 4.2 17.5 2561.8 161 Tritax Big Box Reit 143.0 –4.1 156.9 139.6 4.5 7.1 2107.2 192 Polar Capital Technology Trust 1154.0 –58.0 1386.0 1060.0 - - 1543.0 166 Britvic 777.0 –4.5 834.5 661.5 3.4 19.3 2056.0 22 2697.5 +108.5 3181.5 2325.0 6.3 21.0 25727.1 51 Tui 1270.5 –40.0 1810.5 1270.5 4.5 10.4 7469.3 120 722.0 –12.0 927.5 591.0 4.5 10.2 3291.5 24 BT 229.6 –16.9 277.5 202.9 6.7 11.2 22780.7 165 Inchcape 499.0 –17.0 799.0 486.6 5.4 8.6 2071.5 126 Tullow Oil 220.1 –13.7 276.0 165.8 - 16.8 3065.6 170 BTG 521.5 –28.0 779.0 475.0 - 133.7 2018.8 41 708.8 –23.0 859.0 659.6 2.9 20.9 8871.4 81 Paddy Power Betfair 6530.0 –225.0 9110.0 6010.0 3.1 25.4 5290.6 197 UDG Healthcare 606.0 –35.0 959.0 606.0 1.6 50.7 1507.2 49 2251.0 +44.0 2426.0 1936.0 2.0 22.8 7571.6 164 Inmarsat 449.1 –35.1 632.2 336.4 5.6 197.7 2077.6 15 Prudential 1496.5 –3.0 1981.0 1495.0 3.1 17.3 38787.7 3 4166.5 +56.0 4486.0 3695.0 3.1 21.7 112485.7 57 1720.5 +49.0 2325.0 1498.0 2.3 25.1 7077.2 48 Intercontinental Hotels 4001.0 –69.0 4966.0 3948.0 1.9 17.8 7628.7 190 QinetiQ 273.3 –3.7 292.8 195.5 2.2 11.2 1552.2 155 Unite Group 837.0 –26.0 913.0 697.5 2.7 7.6 2204.6 162 Capital & Counties Properties 247.3 +7.9 319.9 237.0 0.6 - 2104.0 136 Intermediate Capital 924.5 –13.5 1203.0 921.0 3.1 10.4 2684.3 157 Quilter 113.6 –6.7 154.7 113.2 - - 2161.7 90 710.6 –7.6 841.0 656.0 5.5 13.7 4845.5 171 Capita 120.2 +0.2 529.5 118.2 5.6 - 2006.2 55 4458.0 –52.0 6014.0 4387.0 1.6 25.1 7194.9 70 Randgold Resources 6416.0 +148.0 7530.0 4652.0 2.5 34.5 6057.8 159 Victrex 2474.0 –78.0 3408.0 2384.0 2.2 18.4 2131.4 17 Carnival 4204.0 –121.0 5085.0 4197.0 3.5 12.3 30468.4 36 International Airlines Group 585.6 +28.6 726.6 557.0 4.1 5.1 11613.5 11 Benckiser 6670.0 –44.0 7155.0 5443.0 2.5 13.7 47159.6 16 144.0 –8.4 238.0 144.0 9.1 10.4 38482.3 45 Centrica 147.6 –1.5 172.5 124.1 8.1 15.7 8331.7 158 International Public Partnerships 152.4 –0.8 161.3 138.2 4.5 18.6 2141.9 178 Redrow 499.8 –6.2 664.5 499.8 4.0 5.9 1848.3 110 Weir 1447.0 –97.0 2325.0 1409.0 3.0 20.0 3754.0 112 Cineworld 266.6 –28.6 670.5 97.9 2.1 27.9 3655.4 137 Intu Properties 197.4 –2.6 253.0 148.6 7.1 - 2674.9 18 Relx 1531.5 +15.5 1782.0 1429.5 2.6 18.6 30197.3 47 4364.0 –171.0 4728.0 3512.0 2.2 18.2 8013.9 156 Close Brothers 1446.0 –77.0 1660.0 1316.0 4.2 10.7 2185.2 122 Investec 466.0 –14.1 648.6 461.4 5.0 9.4 3173.7 132 Renishaw 3866.0 +102.0 5775.0 3670.0 1.4 21.3 2814.0 182 William Hill 199.0 –27.6 338.0 199.0 6.6 - 1712.6 144 Cobham 105.2 +0.2 140.2 104.0 - 11.1 2514.1 73 ITV 143.2 –10.2 180.4 142.4 5.4 13.8 5764.4 80 295.8 –8.0 355.1 258.7 1.3 29.4 5452.6 179 Witan Investment Trust 996.0 –30.0 1138.0 995.0 2.2 - 1785.9 43 Coca Cola HBC 2287.0 –92.0 2801.0 2216.0 2.1 21.0 8423.7 168 IWG 225.0 +15.0 326.8 190.9 2.5 22.1 2033.4 106 446.6 +24.2 535.0 388.9 1.3 26.9 4009.2 139 Wizz Air Holdings 2578.0 +192.0 3797.0 2329.0 - 13.5 2644.4 23 Compass 1529.5 +36.0 1709.5 1425.0 2.2 21.4 24228.3 103 Jardine Lloyd Thompson 1878.0 –12.0 1898.0 1212.0 1.8 36.8 4113.5 10 3664.5 –12.5 4492.0 3440.5 5.9 6.5 63224.7 91 Wood 704.2 –26.4 796.4 521.4 1.2 - 4799.4 131 Convatec 146.9 –8.6 239.0 146.9 2.9 16.2 2888.3 109 JD Sports 387.5 –2.4 521.4 318.0 0.4 15.0 3771.3 127 RIT Capital Partners 1970.0 –35.0 2130.0 1844.0 - - 3065.4 185 Workspace 918.0 –54.5 1165.0 864.5 2.5 8.8 1655.8 28 CRH 2170.0 +17.0 2861.0 2081.0 2.8 11.3 17788.8 78 2836.0 –78.0 3823.0 2836.0 2.7 18.3 5488.6 32 Rolls-Royce 855.0 –17.0 1094.0 814.0 1.4 7.6 16120.8 39 WPP 874.0 –159.5 1471.0 874.0 6.9 5.9 11028.2 69 Croda 4678.0 –44.0 5318.0 4014.0 1.7 25.4 6158.3 198 Jupiter Fund Management 325.0 –11.3 631.4 325.0 5.3 9.5 1487.5 141 Rotork 297.5 –2.1 361.4 252.3 1.8 43.8 2589.8 113 CYBG 255.4 –16.6 364.2 253.0 0.4 48.2 3644.4 104 Just Eat 601.8 –8.2 890.0 590.2 - - 4097.2 21 Royal Bank of Scotland 224.9 –10.5 302.4 224.9 - 38.8 27096.5 Price/earnings ratios are based on historic data, with yield and p/e values 66 DCC 6400.0 –270.0 7755.0 6235.0 1.8 24.8 6287.4 154 Kaz Minerals 482.5 +13.5 1076.0 436.7 - 5.3 2211.7 1 A 2413.0 –108.0 2748.5 2175.5 5.9 13.5 200035.6 calculated from the most recent reported dividends and earnings per share, 153 Dechra Pharmaceuticals 2188.0 –144.0 3168.0 1970.0 1.0 59.1 2239.1 83 Kingfisher 243.2 +1.4 362.5 241.8 4.4 13.2 5183.3 Royal Dutch Shell B 2452.0 –117.0 2841.0 2201.5 5.8 13.7 using trailing 12-month figures. 52-week highs and lows are end of day. 119 Derwent London 2952.0 –16.0 3235.0 2625.0 2.0 10.9 3292.5 68 Land Securities 842.4 +2.4 1010.4 811.0 5.0 36.5 6246.1 115 348.7 +4.3 631.0 338.4 6.7 13.6 3487.0 Data provided by Morningstar. Any enquiries please contact: 9 2695.0 –6.0 2883.5 2354.5 2.3 22.6 65865.0 35 Legal & General 243.4 +3.5 286.2 239.8 6.3 8.9 14506.8 129 RPC 743.4 –29.0 971.5 648.6 3.5 12.1 3020.7 [email protected]