DATABANK INSIDE the CITY JOHN COLLINGRIDGE the WEEK in the MARKETS the ECONOMY Consumer Prices Index Current Rate Prev

10 The Sunday Times April 15, 2018 BUSINESS

Oliver Shah LETTERS

without planning detailing his share trades in Send your letters, including latest spectrum auctions — getting its head around such a Fans of Rolet buff up his profile permission. Conviviality. Small world! SIGNALS full name and address, but we need to get the basics phenomenon but I can tell The council pointed out AND NOISE . . . to: The Sunday Times, right first. you that the United States tax All change at the London start-ups” and “a highly that her road was in a 1 London Bridge Street, Adam Marshall, director system has no trouble in Stock Exchange, where the regarded speaker”. Among conservation area. Hunter, Dyson Jr can land London SE1 9GF. Or email general, British Chambers of doing so! former Goldman Sachs the sources cited for the now 50, said she was [email protected] Commerce, London SW1 David Thorpe, New Malden, banker David Schwimmer — latter claim was an article in “baffled” by the decision, his chopper Letters may be edited southwest London not the Friends actor — has the Shropshire Star. adding that rebuilding the Jake Dyson, heir to the ONS can watch unseen taken the top job. That interpretation was wall would be “crazy”. She eponymous vacuum cleaner Help fill the gaps in exports on YouTube Britain made a good job of Is his predecessor, Xavier generous because the piece vowed to appeal. empire, has obtained digital coverage The ONS can’t explain both training in the 1960s Rolet, feeling neglected? made no mention of Rolet’s One of the voices raised in planning permission to build Simon Duke is right that the UK and America having a What stuck out for me in your Rolet, 58, was forced out last speaking prowess. It actually her defence was Steven a helipad at his 16th-century many businesses and trade surplus with one news report on the November. Since then, a described him primarily as a Esom, described as a mansion near Bath, despite consumers across the another and says there is a apprenticeship levy was the mystery Wikipedia user has “world-class winemaker” prospective resident. He said more than 50 objections. country remain stuck in need for more “granularity” words “doesn’t incentivise added some glowing touches because of the vineyard he he was “pleased” to see the Dyson, 45, one of Sir “digital purgatory” (“Mobile (“And here’s a song to cut the business” and “isn’t to his online biography. tends in Provence with his wall gone. Esom, now 57, James’s three offspring, malaise is a national trade gap”, last week). transformational” (“Levy not Last month, Jassy Cheek82 wife, Nicole. Perish the happens to be a former boss withdrew an application last After 45 years of designing embarrassment”, last week). There certainly is. For the fit for purpose”, last week). inserted two sentences into thought that one of Rolet’s of Waitrose — and has since November after Historic heels for the likes of Last year 70% of businesses ONS, such granularity means A levy has worked quite the web page about Rolet, friends has been polishing been described as a “person England warned that it Madonna and Anna Wintour, told the British Chambers of bringing online and creative well in Britain before. The describing him as “an his Wikipedia entry as he closely associated with Diana would be too close to a 12th- Manolo Blahnik is finding Commerce they had companies into the statistics. 1964 Industrial Training Act advocate for supporting searches for the next job. Hunter” in regulatory filings century church at Hinton success with a new experienced mobile It may be a lot more saw the establishment of Charterhouse. The helipad generation. Former Vogue “notspots” — areas with no or granular than that. Having about 28 industrial training will now be built further editor Alexandra Shulman limited mobile coverage. retired from a lifetime in boards (ITBs), with varied JUST SAYING . . . Home delivery FUNNY BUSINESS away. A report submitted on interviews the 75-year-old Despite significant photography, at the age of 70, levy/grant arrangements. The behalf of Dyson and his wife progress in the rollout of I decided to start a YouTube engineering ITB, for example, by Waitrose argued that it would STYLE, PAGE 32 coverage, unreliable signal is channel. That gave me a had a levy of 2.5% of payroll. I am wrong The former boss of Bargain “enhance the societal still undermining the platform from which to start This provided considerable because I would Booze owner Conviviality, significance of Hinton country’s productivity and writing books and selling benefits for craft apprentice which crashed into House” because it would TWITTER POLL competitiveness. them via Amazon. They now training. have thought administration this month, increase “the average Too often, business people earn me about £25,000 a During the 1960s and has been criticised for taking person’s appreciation of it as Yes No tell me of the efforts they year, of which, about 75% 1970s, many of the training there would have an excessively laid back the country house of a have to go to just to be sure a comes from abroad, largely needs of apprentices in small been a worse approach to financial wealthy person”. It all key call with a customer or the USA. companies were met partly controls and governance. sounds highly tasteful. 39% 61% supplier doesn’t drop out. That is just one individual. through membership of outcome by now Prufrock has stumbled One hopes Dyson fils is a That’s why the British When I look around YouTube group training associations. across a local paper clipping better pilot than his father. Chambers of Commerce is and Amazon, for which sales These complemented that suggests Diana Hunter Sir Terence Conran, the campaigning for “No More in one country are no internal training provision. took a similarly relaxed Habitat founder, has a birch Notspots”. We’re asking different from sales in Decades later, several such approach to planning rules. gazebo made by the architect business communities to another, I see skilled Britons groups still provide a valuable In February 2013, just after Thomas Heatherwick in the identify gaps in coverage by of all ages passing on their service. she left Waitrose for garden of his Berkshire logging them online, and knowledge through the While accepting that the Conviviality, the Henley manor house. A few years Can a specialist retailer working with industry and mediums of video and books. national infrastructure of Standard reported that ago, Dyson senior — now 70 — such as Mothercare government to resolve issues I’d hazard a guess that a large training and development has Goldman Sachs chief Hunter had been ordered to managed to dislodge the top survive on the modern locally. proportion of Britain’s changed, perhaps learning executive Lloyd Blankfein rebuild a garden wall outside while landing a helicopter on high street where others Digital connectivity is unseen exports are via that from the best of history might admitting that he had been her house in Oxfordshire, his friend’s lawn. The gazebo would fail? crucial to a modern economy. huge well of individual be timely. too gloomy about Brexit having knocked it down has since been repaired. @ST_Business We hear a lot about 5G — from enterprise. Bryan Smith, Witney, ministerial aspirations to the The ONS may have trouble Oxfordshire 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 2.7% 3.0% Was Laffin right to reject caught between a rock and a USD > GBP Flybe still the approach? It’s hard to hard place. It is deeply 7,800 CPI including housing current rate prev. month know when so little was vulnerable to swings in the 7,600 $1.43 2.5% 2.7% revealed about Stobart’s UK economy. Budget carriers U 0.02 Retail prices index current rate prev. month needs a intentions, but Flybe could continue growing market 12-month high: $1.43 7,400 low: $1.25 do with a saviour. The airline, share. The oil price slump 3.6% 4.0% EURO strong which links European hammered flights to 7,264.56 7,200 Average weekly earnings on prev. month on last year regional airports with a fleet Aberdeen, and bigger rivals 80.92 H:7,792.6 EUR > GBP of small planes, has struggled responded aggressively to 1.13% L:6,866.9 7,000 £514 U0.4% U2.8% Unemployment current rate prev. month tailwind to make money ever since its new routes. Sterling’s 6,800 €1.16 stock market float in 2010. Its depreciation has increased its FTSE 250 U 0.01 A M J J A S O N D J F M 12-month high: €1.20 1.45m 4.3% 4.4% Simon Laffin has seen a fair latest annual results, due in fuel bill. Blizzards in February low: €1.07 few takeover approaches in the summer, are expected to and March wiped £4m from Source: Thomson Reuters Manufacturing output on the year on last month YEN his time. The chairman of show losses of £20m. its earnings. RISERS FALLERS YEN > USD U2.5% V0.2% short-haul regional airline Shares in Flybe, which was Chief executive Christine Oxford Instruments: 976p, U 12.6% on Evraz: 392.6p, V 12.9% on Russian sanctions Hammerson: 473p, V 12.1% Retail sales on the year on last month Flybe discusses the spectrum floated at 295p a share by Ourmieres-Widener has trading update Card Factory: 239p, U 23.1% on rising dividend First Group: on takeover collapse JP Morgan Russian ¥107.33 of takeovers in his blog Bank of America Merrill come up with a plan to set 112.4p, U 19.7% on takeover approach Securities: 465.5p, V 11% on sanctions U1.5% U0.8% 19,838.54 U 0.42 Pets at Home: 156.8p, V 9.6% on analyst “Notes from a non-executive Lynch, have headed south Flybe on a stable course — 308.37 H:20,984.8 Luceco: 65p, U 19.5% on sentiment 12-month high: ¥114.72 AA: 112p, U 18.4% on agency rating note Telecom Plus: £10.96, V 8.7% on low: ¥104.55 director”. since then. In 2014, it raised cutting its fleet of planes to 74 1.58% L:19,091.1 broker downgrade UK trade latest 3 mths prev. 3 mths latest 12 mths According to Laffin, who £156m through a rights issue by next March, and raising OIL balance (£bn) -6.4 -5.9 -27.5 was finance chief at Safeway to fund its “rebirth” — priced revenues from passengers. DOLLARS/BARREL DOW JONES HANG SENG FTSE EUROFIRST Gross domestic latest quarter prev. quarter annual change before it was swallowed by at 110p a share. The rebirth Fewer planes and more 24,360.14 30,808.38 1,486.78 product Morrisons in 2004, they has yet to arrive. It ended last passengers has increased its $72.58 U0.4% U0.5% U1.4% 427.38 H:26,616.7 963.44 H:33,484.1 17.72 H:1,588.0 range from the knockout, to week at 37.4p a share, valuing load factor — a measure how U 5.47 Budget deficit latest month prev. month year to date 1.79% L:20,379.6 3.23% L:23,723.9 1.21% L:1,415.8 12-month high: $73.09 (PSNB) in £bn the “interesting but not the company at £81m. full its planes are — from low: $44.35 1.3 +10.0 41.4 enough”, to the spurious and How’s that for delivering 66.7% a year ago to 73.5%. NASDAQ SHANGHAI SENSEX GOLD the insulting. shareholder value? Flybe is As IAG’s courtship of 7,106.65 3,159.05 34,192.65 DOLLARS/TROY OZ Stobart Group’s takeover Norwegian Air shows, there is 191.54 H:7,637.3 27.94 H:3,587.0 565.68 H:36,444.0 approach for Flybe in Flybe much more consolidation to 2.77% L:5,828.6 0.89% L:3,016.5 1.68% L:29,241.5 $1,345.54 10-YEAR BOND YIELDS % February evidently fell come among airlines. U 13.15 somewhere between the 140p Stobart, which has fingers in S&P 500 CAC 40 ALL ORDS 12-month high: $1,359.26 variation 12 months insulting and the spurious. everything from woodchips 2,656.30 5,315.02 5,924.70 low: $1,210.29 high low Stobart bosses walked away to turboprops, was the 51.83 H:2,872.9 56.78 H:5,567.0 37.80 H:6,256.5 BITCOIN UK 1.44 U 0.04 1.79 0.72 empty-handed last month 70 obvious deal, but it’s off the 1.99% L:2,334.5 1.08% L:4,980.1 0.64% L:5,670.7 DOLLARS with Laffin’s words ringing in table for a few months thanks NIKKEI DAX S&P TSX US 2.83 U 0.05 2.96 2.02 their ears: “If you don’t think to Laffin’s rejection. Until $7,962.89 21,778.74 12,442.40 15,273.97 JAPAN 0.04 W 0.00 0.11 -0.01 the offer is really genuine, 0 then, expect more slow, U 928.91 211.22 H:24,129.3 66.56 H:16,421.4 2014 2015 2016 2017 201.13 H:13,596.9 12-month high: $19,497.4 don’t feel that you have to painful progress. Avoid. 0.98% L:18,335.6 1.64% L:11,726.6 0.44% L:14,785.8 low: $919.5 GERMANY 0.51 U 0.02 0.80 0.16 engage.” 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) 49 3i Group 896.6 +18.6 969.5 764.0 3.0 - 8750.2 165 Dixons Carphone 199.7 +2.5 342.0 149.1 - 9.4 2303.1 11 Lloyds Banking Group 68.2 +1.9 73.1 62.2 4.0 14.2 49137.5 50 Schroders 3265.0 +109.0 3773.0 3059.0 3.0 15.5 8694.0 200 3i Infrastructure 208.0 –5.0 271.7 203.0 3.8 - 1687.5 197 Domino's Pizza 349.1 +23.8 356.1 263.4 2.4 25.7 1717.6 35 London Stock Exchange 4270.0 +52.0 4270.0 3172.0 1.1 28.5 14774.2 71 Scottish Mortgage 447.6 +16.6 477.8 361.5 0.7 - 6267.2 87 Admiral 1914.5 +34.0 2178.0 1784.0 2.8 16.4 5452.2 69 EasyJet 1611.0 –32.0 1696.0 1043.0 3.3 21.0 6399.0 134 Man 187.4 +10.8 217.7 144.4 3.8 16.6 3043.4 74 Segro 612.2 –2.2 622.2 474.2 2.7 6.2 6112.2 184 Aggreko 746.0 +13.2 983.0 695.4 3.6 18.0 1910.7 152 Electrocomponents 617.2 +22.6 709.0 492.1 2.0 25.7 2725.3 98 Marks & Spencer 271.8 +2.8 395.5 265.3 6.9 23.8 4416.0 99 Severn Trent 1863.5 –21.5 2553.0 1703.0 4.4 15.1 4398.9 163 Alliance Trust 700.0 769.0 667.0 1.9 - 2387.0 83 Evraz 392.6 –57.9 455.1 173.2 5.6 11.1 5622.2 100 Mediclinic International 591.6 +22.6 887.0 507.5 1.3 63.6 4360.1 136 Shaftesbury 982.0 –3.5 1055.0 918.5 1.6 9.1 3013.6 24 Anglo American 1688.0 +69.6 1843.6 959.4 2.1 9.3 23709.9 36 Experian 1549.5 +15.0 1705.0 1446.0 2.0 25.1 14246.8 121 Meggitt 436.5 +9.5 526.0 417.1 3.5 9.9 3389.1 16 Shire 3606.5 –102.0 4852.0 2953.5 0.6 10.5 32845.5 46 Antofagasta 942.0 +26.4 1061.0 751.0 1.5 37.4 9286.8 37 Ferguson 5304.0 +28.0 5702.0 4460.0 1.9 15.8 13423.3 101 Melrose 224.6 +13.1 261.2 198.8 1.0 - 4359.9 26 Sky 1304.5 –11.0 1373.5 900.0 - 27.6 22424.6 150 Ashmore 391.0 +13.2 433.2 332.3 4.3 18.6 2786.8 120 Foreign & Colonial 631.0 +6.0 672.0 555.5 1.7 - 3415.7 198 Mercantile Investment Trust 2085.0 +10.0 2210.0 1862.0 2.6 - 1689.0 90 Smith (DS) 501.8 +28.1 558.5 418.8 3.0 24.7 5355.3 43 Ashtead 2060.0 +83.5 2152.0 1542.0 1.4 10.4 10284.0 44 Fresnillo 1284.0 +42.0 1725.0 1159.5 1.8 21.6 9461.7 117 Merlin Entertainments 344.6 –3.4 537.0 318.4 2.1 16.8 3513.4 41 Smith & Nephew 1322.0 +5.0 1431.0 1215.0 1.7 20.4 11563.7 27 Associated British Foods 2620.0 +125.0 3371.0 2389.0 1.4 17.3 20741.9 109 G4S 250.5 341.1 238.4 3.8 13.8 3886.7 151 Metro Bank 3448.0 +28.0 4040.0 3242.0 - 273.6 2772.0 76 Smiths 1515.0 +21.5 1685.0 1444.0 2.8 16.4 5991.4 6 Astra Zeneca 5010.0 +19.5 5508.0 4325.0 4.1 28.6 63449.1 55 GKN 451.7 +29.0 463.0 294.3 2.0 15.5 7757.6 82 Micro Focus International 1299.0 +170.5 2739.0 911.8 5.5 25.2 5651.7 177 Smith WH 1887.0 –101.0 2347.0 1664.0 2.4 18.2 2078.7 125 Auto Trader 338.9 –8.2 435.9 319.0 1.5 20.3 3233.7 5 Glaxo Smith Kline 1420.0 –2.6 1722.0 1242.8 5.6 45.8 69833.5 190 Millennium & Copthorne Hotels 561.0 +11.0 625.5 431.9 1.4 16.4 1821.8 62 Smurfit Kappa 2982.0 –76.0 3220.0 1962.0 2.4 19.1 7072.6 129 Aveva 1970.0 +18.0 3054.0 1803.0 2.0 59.7 3175.8 10 Glencore 345.8 –5.3 415.0 276.6 1.5 11.7 49880.8 61 Mondi 1963.0 +46.5 2130.0 1693.0 2.6 16.0 7208.9 169 Sophos 489.0 +11.2 669.5 321.9 0.7 - 2253.7 28 Aviva 508.2 +19.4 542.0 486.5 4.2 33.7 20395.3 192 Grafton Group Units 762.0 +15.5 841.5 685.0 1.9 14.2 1808.9 89 Morrison Supermarkets 231.0 +6.9 252.9 204.1 2.3 15.3 5395.4 126 Spectris 2712.0 +63.0 2834.0 2229.0 2.0 13.8 3228.9 115 Babcock International 728.4 +54.6 969.5 626.2 3.9 11.4 3682.8 195 Greene King 558.0 +83.2 766.0 458.9 5.9 9.9 1729.6 176 National Express 410.6 +9.6 410.6 340.9 3.1 16.8 2101.2 103 Spirax-Sarco 5740.0 +95.0 6090.0 5010.0 1.4 26.9 4221.2 31 BAE Systems 594.0 –7.8 677.0 535.5 3.6 22.2 18929.6 166 Great Portland Estates 699.7 +7.7 739.0 587.5 1.7 - 2286.1 20 National Grid 826.3 +1.8 1157.5 736.8 5.5 16.6 27780.3 180 Sports Direct International 373.1 +1.5 419.5 284.5 - 13.3 2015.9 185 Balfour Beatty 275.7 +6.3 307.6 253.5 1.1 11.8 1901.6 149 GVC Holdings 942.5 +34.5 982.0 710.5 - - 2833.8 111 NEX Group 990.0 –3.0 1004.0 558.0 3.9 53.8 3759.4 38 SSE 1311.0 +14.5 1551.0 1182.0 7.0 9.8 13307.4 15 Barclays 213.4 +3.8 224.6 178.9 1.4 62.8 36405.5 97 Halma 1208.0 +44.0 1330.0 1020.0 1.1 32.9 4580.5 59 Next 5014.0 +243.0 5320.0 3617.0 3.2 11.7 7373.4 141 SSP 617.5 +11.5 687.5 427.7 1.0 32.2 2934.6 21 Standard Chartered 733.5 +21.0 849.2 685.9 - 42.6 24181.9 86 Barratt Developments 556.0 +6.2 700.0 519.8 4.4 9.0 5598.9 113 Hammerson 473.0 –64.8 609.5 434.4 5.2 9.7 3756.7 64 NMC Health 3410.0 +12.0 3524.0 1789.0 0.3 55.4 6966.1 127 BBA Aviation 312.0 –6.8 368.8 292.5 2.1 30.8 3219.1 52 Hargreaves Lansdown 1711.0 +61.5 1928.0 1266.0 1.7 36.2 8115.6 81 St James's Place Capital 1082.5 +30.5 1270.5 1030.0 3.0 45.7 5722.0 124 Ocado 517.8 –1.0 597.6 238.5 - 3236.2 3269.6 131 Beazley 585.5 +10.0 585.5 427.1 1.7 32.5 3078.0 189 Hastings 277.2 +5.6 325.0 260.6 3.6 19.5 1823.1 42 Standard Life Aberdeen 376.0 +10.6 446.3 354.5 5.4 12.7 11194.9 40 Old Mutual 235.0 –0.3 257.8 188.0 2.9 29.8 11592.0 107 Bellway 3222.0 +56.0 3792.0 2727.0 3.8 8.1 3956.5 158 Hays 178.3 –7.1 205.0 157.3 1.8 17.2 2586.5 199 Synthomer 496.6 +10.4 513.0 460.0 2.3 23.0 1687.8 196 Page 529.5 –12.0 560.0 428.4 2.3 20.9 1729.3 91 Berkeley 3906.0 +44.0 4240.0 3093.0 3.5 7.1 5283.5 162 HICL Infrastructure 135.6 +1.6 174.6 133.5 5.8 - 2414.1 157 Tate & Lyle 557.6 +4.4 795.0 526.0 5.0 10.5 2596.7 77 Pearson 763.4 +22.4 775.8 566.5 5.1 15.3 5982.1 19 BHP Billiton 1457.8 +69.0 1660.0 1117.0 4.2 22.4 30788.7 147 Hikma Pharmaceuticals 1193.0 –11.0 1989.0 855.6 2.1 22.3 2871.3 72 Taylor Wimpey 190.6 +1.9 211.2 174.9 2.4 11.3 6246.2 153 Pennon 651.6 –4.8 944.0 583.4 5.5 14.9 2713.6 108 B&M European 390.6 +2.5 434.8 316.7 1.5 25.5 3906.0 102 Hiscox 1484.0 –4.0 1525.0 1117.0 1.9 164.9 4258.8 181 Templeton Emerging Markets 716.0 –17.0 825.0 643.0 - - 1948.6 179 Pershing Square 875.0 –6.0 1250.0 856.0 - - 2053.2 194 Bodycote 905.5 +5.5 1006.0 739.5 1.8 17.8 1733.6 167 Homeserve 729.5 –3.5 867.0 634.0 2.1 31.3 2266.6 30 Tesco 233.6 +28.9 233.6 166.5 - 41.7 19126.5 51 Persimmon 2676.0 +32.0 2890.0 2146.0 5.0 11.0 8310.9 3 BP 504.3 +5.9 534.8 439.8 5.8 39.9 100510.3 139 Howden Joinery 469.0 +4.0 501.2 399.5 2.3 15.7 2951.9 188 Thomas Cook 120.6 +1.8 129.5 84.1 0.4 150.8 1852.2 183 Petrofac 555.0 +23.6 891.5 349.0 9.2 41.9 1919.8 4 British American Tobacco 4119.0 –192.0 5643.0 3874.5 5.3 2.2 94475.0 2 HSBC 685.2 +20.4 796.0 620.8 5.5 19.3 137011.5 159 TP Icap 452.6 +7.8 553.6 439.9 3.7 28.6 2549.7 133 Phoenix Group Holdings 777.0 +9.0 815.0 724.0 6.3 - 3052.5 65 British Land 653.8 +4.0 691.5 590.5 4.5 11.2 6732.9 135 IG Group 820.0 +5.0 841.0 498.1 3.9 15.6 3016.7 128 Travis Perkins 1275.0 +51.0 1696.0 1216.0 3.5 13.8 3214.6 156 Playtech 833.6 +92.8 1016.0 725.0 3.4 13.4 2645.4 187 Britvic 703.5 +16.0 820.0 656.0 3.5 16.7 1854.8 145 IMI 1058.0 +34.0 1443.0 1032.0 3.7 19.8 2878.2 47 Tui 1572.5 +12.0 1640.5 1068.0 3.6 12.7 9231.2 143 Polymetal International 675.6 –48.4 1095.0 675.6 3.5 11.3 2905.8 23 BT 241.5 +6.9 317.0 218.1 6.0 15.0 23961.4 25 Imperial Brands 2463.0 –91.5 3933.5 2325.0 6.5 16.7 23490.5 132 Tullow Oil 220.3 +18.6 238.9 145.6 - - 3057.8 75 Paddy Power Betfair 7120.0 +150.0 8900.0 6665.0 2.5 27.9 6024.9 160 BTG 651.0 +43.5 779.0 592.5 - 34.3 2511.2 142 Inchcape 702.5 –5.0 880.5 670.0 3.5 11.0 2929.9 114 UBM 951.5 +8.0 951.5 645.0 2.3 27.3 3749.8 63 Bunzl 2101.0 +11.0 2465.0 1936.0 2.0 22.5 7058.0 137 Indivior 415.0 +22.0 419.5 267.6 - 70.2 3010.6 13 Prudential 1846.5 +67.5 1981.0 1613.0 2.4 19.9 47774.2 173 UDG Healthcare 874.0 –8.5 959.0 694.0 1.1 40.7 2170.4 57 Burberry 1732.5 +56.0 1985.0 1498.0 2.2 24.7 7595.0 79 Informa 719.8 –1.2 761.0 634.5 2.7 28.8 5931.2 88 Randgold Resources 5784.0 +126.0 8190.0 5572.0 1.2 26.8 5436.7 12 Unilever 3929.5 –84.5 4548.5 3695.0 3.2 20.6 48402.3 164 Capital & Counties Properties 271.9 +3.9 324.8 253.1 0.6 - 2308.6 53 Intercontinental Hotels 4232.0 –58.0 4928.0 3668.0 - 18.8 8040.4 14 Reckitt Benckiser 6015.0 –204.0 8108.0 5624.0 2.7 12.7 42357.9 175 Unite Group 810.0 –1.5 813.0 622.0 2.4 8.6 2130.7 45 Carnival 4470.0 –154.0 5380.0 4470.0 2.0 16.9 9290.7 130 Intermediate Capital 1061.0 +34.0 1178.0 712.5 2.4 14.2 3080.1 171 Redrow 606.5 +5.5 664.5 528.0 2.8 7.7 2242.8 95 United Utilities 712.4 –12.4 1056.0 656.0 5.5 11.4 4857.9 193 Centamin 153.4 +1.0 190.5 131.8 7.7 22.0 1767.3 54 Intertek 4815.0 +157.0 5425.0 3939.0 1.3 28.4 7771.0 18 Relx 1513.5 –4.5 1782.0 1429.5 2.5 18.6 31353.1 178 Vedanta Resources 747.6 +59.0 954.0 575.0 5.5 - 2071.6 56 Centrica 140.7 –2.4 219.4 124.1 8.5 23.5 7728.4 39 International Airlines Group 609.0 –6.6 670.0 523.5 3.6 7.4 12472.6 118 Renishaw 4818.0 +294.0 5775.0 3050.0 1.1 25.5 3506.9 170 Victrex 2626.0 +62.0 2730.0 1832.0 1.8 22.6 2253.3 119 Cineworld 250.4 +1.0 670.5 97.9 3.4 15.7 3429.6 186 International Public Partnerships 140.8 +1.8 166.6 138.2 4.8 16.8 1900.5 92 Rentokil Initial 279.5 +5.7 335.8 239.2 1.2 7.5 5135.4 8 Vodafone 206.9 +2.8 238.0 190.9 6.4 - 55174.8 168 Close Brothers 1489.0 +42.0 1715.0 1316.0 4.0 11.3 2254.7 138 Intu Properties 219.6 +15.0 289.0 194.7 6.4 14.6 2975.7 106 Rightmove 4388.0 –33.0 4573.0 3889.0 1.2 28.3 3992.6 96 Weir 2081.0 +123.0 2305.0 1727.0 2.1 28.5 4671.4 144 Cobham 117.2 –2.0 148.0 113.4 - 33.5 2891.3 110 Investec 564.6 +14.2 648.6 461.4 4.1 11.7 3763.8 9 Rio Tinto 3785.0 +225.0 4172.5 2910.0 4.5 10.5 50765.1 60 Whitbread 3935.0 +248.0 4307.0 3512.0 2.4 15.3 7216.6 48 Coca Cola HBC 2493.0 –214.0 2671.0 2060.0 1.6 24.2 9169.4 80 ITV 144.2 –3.9 219.6 142.4 5.1 14.1 5804.6 140 RIT Capital Partners 1894.0 +4.0 2005.0 1815.0 - - 2948.6 148 William Hill 330.0 +6.0 338.0 240.0 3.8 - 2834.3 22 Compass 1460.0 –24.5 1757.6 1425.0 2.3 20.5 24011.0 172 IWG 246.1 +14.1 365.2 190.9 2.2 20.0 2240.7 33 Rolls-Royce 866.8 –1.2 981.0 797.0 0.5 3.8 16121.1 191 Witan Investment Trust 1018.0 +6.0 1108.0 968.0 2.2 - 1814.5 104 Convatec 206.9 +3.2 344.0 182.0 0.5 35.0 4037.6 155 Jardine Lloyd Thompson 1230.0 –28.0 1448.0 1096.0 2.7 22.5 2694.2 161 Rotork 288.2 +5.0 304.2 223.5 1.8 45.0 2508.6 182 Wizz Air 3387.0 +47.0 3716.0 1685.0 - 20.7 1946.8 29 CRH 2371.0 –33.0 2920.0 2338.0 2.5 12.6 19828.3 122 JD Sports 347.6 +6.1 456.0 303.3 0.4 17.0 3383.0 17 Royal Bank of Scotland 264.8 +3.8 302.4 224.7 - 42.0 31685.9 112 Wood 554.6 +24.6 828.5 524.8 4.6 - 3758.6 73 Croda 4655.0 +34.0 4655.0 3492.0 1.6 26.0 6128.0 70 Johnson Matthey 3303.0 +94.0 3503.0 2727.0 2.3 16.9 6392.4 1 Royal Dutch Shell A 2378.5 +55.5 2573.5 1992.5 5.9 20.6 200058.6 34 WPP 1188.0 +25.5 1754.0 1094.0 4.8 8.8 15077.3 154 CYBG 305.2 +0.6 340.3 261.9 - 17.7 2699.8 174 Jupiter Fund Management 469.0 –2.5 631.4 440.9 3.6 13.9 2146.6 Royal Dutch Shell B 2422.0 +59.0 2609.0 2052.5 5.8 21.0 78 DCC 6655.0 +10.0 7755.0 6475.0 1.7 29.4 5936.3 93 Just Eat 735.6 +47.4 890.0 556.5 - - 5002.4 84 Royal Mail 560.8 +4.2 570.0 369.9 4.1 15.7 5608.0 Price/earnings ratios are based on historic data, with yield and p/e values 146 Dechra Pharmaceuticals 2814.0 +34.0 2814.0 1624.0 0.8 61.2 2878.1 105 Kaz Minerals 899.0 +32.2 965.8 430.5 - 12.2 4017.2 123 RPC 825.0 +46.0 993.0 720.5 2.9 16.2 3365.2 calculated from the most recent reported dividends and earnings per share, 116 Derwent London 3172.0 +43.0 3172.0 2580.0 1.6 33.2 3536.0 68 Kingfisher 300.3 +5.5 368.1 288.0 3.5 11.5 6492.1 66 RSA Insurance 653.8 +1.4 666.5 570.5 2.7 25.0 6685.7 using trailing 12-month figures. 52-week highs and lows are end of day. 7 Diageo 2492.0 –0.5 2725.0 2201.5 2.5 19.6 61927.4 58 Land Securities 955.0 +1.3 1208.5 906.8 4.4 41.4 7551.7 67 Sage 617.0 –38.6 821.4 617.0 2.4 26.0 6669.0 nc = no change Data provided by Morningstar.Any enquiries please contact: 94 Direct Line Insurance 360.1 +13.2 411.3 337.9 4.6 11.4 4951.4 32 Legal & General 271.1 +9.4 276.8 246.1 5.4 8.9 16153.9 85 Sainsbury, J 255.9 +9.9 281.7 224.8 4.0 26.7 5603.4 [email protected]