10 The Sunday Times August 4, 2019 BUSINESS

Liam Kelly LETTERS

dating (the company, you Send your letters, including Arcadia, Intu initially resisted — there’s a need for women- Rothschild banker’s 23.5-carat boast understand, not the board No accounting SIGNALS full name and address, giving in to Sir Philip Green’s only workspaces”, July 21). itself ) because it could use AND NOISE . . . to: The Sunday Times, demands because it feared Recent academic research Readers of the London the 1,000-year-old petrified the same technology as the for top Tory 1 London Bridge Street, stable tenants would request studied the types of networks Magazine were treated to a wood tables, the rare online property portal. Ben Elliot was named joint London SE1 9GF. Or email: parity. It would seem that that men and women benefit glimpse inside a grade II- artworks by Sakti Burman, Instead of pictures of houses, Conservative chairman after [email protected] Intu had a point that was lost from. One difference was that listed pile last summer, and the 23.5 carat gold used it would show singletons’ Boris’s brutal reshuffle. But Letters may be edited on its fellow landlords. women benefit from having a tastefully refurbished in to decorate an alcove photos and descriptions. He the nephew of the Duchess As a retired architect distinctive inner circle of luxurious Indian style. containing a Burmese had, in effect, imagined a of Cornwall — founder of Money-hungry owners can specialising in retail, I wrote a close female contacts. Giving The home on Heath Drive Buddha (“24 carat is too prehistoric Tinder. posh concierge service be the death of brands paper in 2014, the gist being them access to networks is in Hampstead, northwest soft”, Ravi explained). “The team was very keen, Quintessentially — might In Luke Johnson’s piece last that we had 100 too many essential for sustainable London, is owned by The sitar-playing Gupta, but the board said it didn’t want to focus on the day job. week (“Even strong brands centres and both industry corporate cultures, and a Anindita Gupta and her 47, who shared in a £50m fee like the slightly dubious Quintessentially’s annual can grow stale. Just ask Jamie and country would benefit society that works for all. Rothschild banker husband bonanza for helping the connotation,” recalls Hill, 71. accounts are now more than Oliver”), he rightly pointed from demolishing them and Deborah Gilshan, The 100% Ravi — who, when he’s not listed buyout firm Melrose It didn’t stop the site from six months late at Companies out “there is a need to invest regenerating the sites. Club, London flogging off Britain’s take over engineer GKN last reaching the FTSE 100 and a House. Elliot, 43, faces a in marketing and innovation With hindsight, I think we industrial crown jewels, year, might be in the market valuation of £4.6bn — but £1,500 penalty for tardiness. relentlessly to defend sales”. have all been too timid. appears to take a keen for some more petrified given the explosion in online Prufrock is assured the On a wing and an A350: However, he omitted one John Evans, Ruislip, BESTSELLING BOOKS interest in interior design. wood soon: Rothschild is dating, Hill muses: “I think accounts will be filed in the British Airways will unveil important factor in the northwest London Factfulness The periodical detailed about to bag another big Rightmove missed a trick. It next few weeks. Let’s hope the successor to the 747 decline of some brands: self- Hans Rosling, Ola Rosling & 1 Anna Rosling Rönnlund the property’s little touches: payday for advising air-to-air would be worth £10bn now.” politics doesn’t get in the jumbo jet — the long-haul interested buyers swiftly Free trade zones will bring Sceptre (9,560) refuelling specialist Cobham way, even if there are one or Airbus A350 — to help make burden a business with the investment from abroad Shoe Dog to sell out to American two pressing issues. BA a “fantastic, unbelievable, maximum debt available, in Teesside deserves a freeport, 2 Phil Knight JUST SAYING . . . private equity giant Advent. FUNNY BUSINESS 10 out of 10” airline again order to extract as much cash and other areas of the UK Simon & Schuster (4,741) Cobham shareholders, as possible, usually as charges could benefit too (Economic Talking to My Daughter NEWS, PAGE 26 About the Economy I’ve done this who think the £4bn deal is A weight off and dividends. Outlook, last week). Research 3 Yanis Varoufakis too cheap, and its 10,000 Debenhams struggled for conducted for the Tees Valley Vintage (3,629) for too long and staff, who face an uncertain Price’s mind years with owner-imposed mayor suggests that 70,000 Rich Dad Poor Dad future, will be heartened to When you’re the boss, you debt. The department store jobs could be created and a 4 Robert Kiyosaki done too many TWITTER POLL Plata (2,753) know what their precious have to be your company’s may have been nearing the £4.2bn contribution to GDP Moneyland quarters of this. cash might be spent on. biggest fan — but some can go Yes No end of its lifecycle anyway, generated after 25 years if the 5 Oliver Bullough slightly over the top. but, with sales earnings being idea were applied to five Profile (2,209) There is always The “Chubby Grocer” used almost wholly to pay the other port areas. This StrengthsFinder 2.0 Tom Rath uncertainty . . . Rightmove’s Lord (Mark) Price, former 26% 74% interest on its debts, there innovative approach will 6 Gallup (1,985) dating blunder Waitrose managing director was little left to spend on bring in projects that would Start With Why and then trade minister, efforts to “defend sales”. otherwise go overseas. 7 Simon Sinek Estate agents are not the recalls getting a bit too stuck Nigel Morley, Royan, France Chris McDonald, Materials Penguin (1,840) What They Don’t Teach You at most trusted professionals, into the produce while Processing Institute, Harvard Business School but some actually want to do running the supermarket It’s shopping centres that Middlesbrough 8 Mark McCormack more than rip off buyers. chain for 10 years. should be cut, not rents Profile (1,756) George Culmer, Lloyds Harry Hill, former boss of “I put on eight stone while Last week’s article “ ‘Hacked Here’s why women need Range David Epstein Banking Group chief Countrywide, founded I was at Waitrose,” Price, 58, After Aston Martin crashed off’ Primark demands rent their own space 9 Macmillan (1,728) financial officer, as the Rightmove, but then had sighs. “Dedication to the to a £79m loss and its cuts” referred to the chain’s I applaud Emma Gannon for Black Box Thinking lender takes another even bigger ideas. When he cause.” The man who put the shares slumped to a demand for reductions her article on women-only 10 Matthew Syed £550m hit for mis-selling was Rightmove chairman 15 profit into profiteroles. quarter of the float price, similar to those for struggling workspaces, which explained John Murray (1,627) payment protection years ago, he urged the liam.kelly@ can the stock recover to neighbours to help level the their importance for the Bestseller List prepared by Nielsen using data supplied by and copyright to Nielsen insurance board to move into online sunday-times.co.uk its £19 starting point? competitive playing field. advancement of women’s BookScan, taken from the TCM for the In recent negotiations with rights (“I’ve changed my mind four-week period June 30 to July 27 DATABANK INSIDE THE CITY RACHEL MILLARD THE WEEK IN THE MARKETS THE ECONOMY Consumer prices index current rate prev. month FTSE 100 FTSE 100 DOLLAR wealth fund arriving in 2017. problems — Berkeley will still USD > GBP 2.0% 2.0% Miner’s It moved from AIM to the need permits for other parts 7,800 CPI including housing current rate prev. month main market in June last year. of the development. And $1.22 1.9% 1.9% The shine has started to uranium prices have been V 0.02 gain in come off, however, because weak since the Fukushima 7,400 12-month high: $1.34 Retail prices index current rate prev. month low: $1.21 of doubts over whether it will disaster in 2011, which shut 2.9% 3.0% EURO Spain is far get the necessary licences. down reactors. 7,407.06 Average weekly earnings on prev. month on last year Reports last October that the Last month, Berkeley’s 142.00 H:7,790.2 7,000 EUR > GBP Spanish government was managing director Paul 1.88% L:6,536.5 £536 U0.4% U3.9% from plain unlikely to grant permits sent Atherley gave an indication of 6,600 €1.09 Unemployment current rate prev. month its shares plummeting. his feelings: he quit to FTSE 250 V 0.02 2018 2019 12-month high: €1.18 1.29m 3.8% 3.8% It was always going to be an Rejection has not come just concentrate on work at other low: €1.09 Source: Re initiv Manufacturing output on the year on last month uphill task. Building and yet, but there is no decision in companies, including Angola- YEN financing a mine is hard sight and a key report from focused Pensana Metals. RISERS FALLERS Thomas Cook: 9.1p U 89.8% on Turkish Intu: 43.1p V 44.3% on poor results YEN > USD 0% U1.4% enough, but throw in the Spain’s powerful Nuclear Stand-in bosses Robert investment Convatec: 185.5p U 23.6% Sanne: 548p V 27.1% on profit warning Retail sales on the year on last month politics of nuclear energy and Safety Council has yet to Behets and Francisco Bellon on positive outlook London Stock Aston Martin: 468.8p V 22.4% on Exchange: £68.14 U 20.1% on Refinitiv crashing to a loss Fresnillo: 611p ¥106.57 U3.8% U1.0% the sensibilities of western materialise. say their focus remains on 19,253.17 merger Just Eat: 736.4p U 15.9% on V 22.3% on Mexican mine challenges V 2.09 Europe and it starts to look Spain’s politics do not Salamanca, but appear to be 604.77 H:20,894.9 Dutch tie-up Capita: 136.8p U 15.8% on Hammerson: 214p V 20.9% on 12-month high: ¥114.54 property jitters low: ¥104.96 like a long shot. bode well, with the anti- beginning to hedge their bets. 3.05% L:17,054.7 turnaround progress UK trade latest 3 mths prev. 3 mths latest 12 mths Yet in the early 2000s, nuclear socialists, including Berkeley has started looking OIL balance (£bn) -12.6 -17.2 -46.2 when Berkeley Energia environment minister Teresa across western Spain for DOLLARS/BARREL DOW JONES HANG SENG FTSE EUROFIRST Gross domestic latest quarter prev. quarter annual change arrived near Salamanca, in Ribera, re-elected in April. metals used in batteries, such 26,485.01 26,918.58 1,489.18 product western Spain, with plans to Many fear the Salamanca as lithium and cobalt. $61.89 U0.5% U0.2% U1.8% 707.44 H:27,398.7 1,479.16 H:30,280.1 48.25 H:1,554.3 1.57 mine uranium, it hoped to mine will be mired in These metals are all the V Budget deficit latest month prev. month year-to-date 2.60% L:21,712.5 5.21% L:24,540.6 3.14% L:1,291.0 12-month high: $86.74 (PSNB) in £bn become one of the world’s indecision indefinitely. Even rage given the expected rise low: $49.93 -7.2 -4.5 -17.9 top-10 producers. if the current permits arrive, of battery-powered cars, but NASDAQ SHANGHAI SENSEX GOLD Things started well. the they will not solve all its Berkeley’s work so far has 8,004.07 2,867.84 37,118.22 DOLLARS/TROY OZ Australian company is a been too vague to give much 326.14 H:8,339.6 76.70 H:3,288.5 764.57 H:40,312.1 serious player that had forged Berkeley Energia hope to investors. The 3.92% L:6,190.2 2.60% L:2,440.9 2.02% L:33,291.6 $1,445.94 10-YEAR BOND YIELDS % alliances with French and company has about £56m in U 26.45 Spanish state nuclear outfits, 50p the bank to tide it over while S&P 500 CAC 40 ALL ORDS 12-month high: $1,445.94 variation 12 months and its shares leapt tenfold in Madrid prevaricates, but its 2,932.05 5,359.00 6,846.10 low: $1,179.16 high low the first two years. shares have fallen more than 93.81 H:3,027.9 251.05 H:5,672.8 33.20 H:6,958.7 BITCOIN 3.10% L:2,346.6 0.48% L:5,478.4 UK 0.55 V 0.14 1.75 0.53 Chaired by the well- 25 60% over the past year, and 4.48% L:4,556.0 DOLLARS respected Ian Middlemas, are languishing at 15.75p, NIKKEI DAX S&P TSX US 1.85 V 0.23 3.26 1.83 Berkeley had relatively little valuing it at £40m. 21,087.16 11,872.44 16,271.66 $10,819.68 trouble raising cash, with a 0 Barring a sudden change of U 1,364.59 JAPAN -0.17 V 0.02 0.17 -0.19 570.99 H:24,448.1 547.46 H:12,738.5 259.38 H:16,672.7 12-month high: $13,796.49 $120m (£98.7m) investment 2018 2019 politics in Spain, they have 2.64% L:18,948.6 4.41% L:10,279.2 1.56% L:13,776.9 low: $3,191.30 Price at 5pm Saturday GERMANY -0.53 V 0.12 0.58 -0.54 from Oman’s sovereign Source: Re initiv further to fall. Sell.

TOP 200 COMPANIES

Rank by Market cap Price Change 52-week Mkt Cap Rank by Market cap Price Change 52-week Mkt Cap Rank by Market cap Price Change 52-week Mkt Cap Rank by Market cap Price Change 52-week Mkt Cap Yield P/E Yield P/E Yield P/E Yield P/E on week high low (£m) on week high low (£m) on week high low (£m) on week high low (£m) 39 3i Group 1098.4 –13.1 1164.5 756.2 3.1 - 10687.1 63 DCC 6644.0 –330.0 7390.0 5555.0 1.9 23.8 6534.1 178 John Laing 383.4 +4.6 402.0 283.2 1.5 6.1 1890.2 Royal Dutch Shell B 2408.5 –145.5 2705.5 2227.0 6.2 12.4 155 3i Infrastructure 281.5 –4.0 303.0 232.5 3.2 - 2281.4 134 Dechra Pharmaceuticals 2866.0 –30.0 3168.0 2014.0 0.9 122.3 2942.0 76 Johnson Matthey 3033.0 –162.0 3752.0 2620.0 2.7 14.1 5869.9 164 Royal Mail 211.1 +3.0 489.0 194.5 11.5 12.1 2111.0 69 Admiral 2146.0 –81.0 2300.0 1932.5 3.7 15.7 6243.8 122 Derwent London 2930.0 –106.0 3328.0 2761.0 2.1 14.7 3271.6 194 Jupiter Fund Management 355.4 –21.2 433.3 287.6 4.8 12.3 1626.7 78 RSA Insurance 540.4 –37.4 641.0 496.6 3.9 21.4 5574.2 163 Aggreko 824.6 +44.2 882.0 691.8 3.3 17.0 2112.0 8 Diageo 3443.0 +120.0 3526.0 2523.5 1.9 28.7 81665.4 82 Just Eat 736.4 +100.8 806.4 533.8 - 127.0 5021.5 59 Sage 723.8 –18.6 820.4 525.6 2.3 25.2 7865.6 139 Alliance Trust 813.0 –15.0 838.0 672.0 1.7 - 2683.0 188 Diploma 1478.0 –21.0 1634.0 1150.0 1.7 29.0 1673.7 149 Kaz Minerals 512.6 –66.2 738.4 436.7 0.9 5.7 2415.9 102 Sainsbury, J 195.4 –3.5 341.5 187.9 5.2 22.0 4320.2 19 Anglo American 1884.0 –214.0 2266.0 1464.6 4.2 7.5 26436.5 101 Direct Line Insurance 318.6 –7.2 366.5 304.9 6.6 10.2 4380.8 97 Kingfisher 215.0 –8.5 299.4 202.2 5.0 21.1 4536.8 52 Schroders 3020.0 +19.0 3210.0 2334.0 3.8 18.1 8235.0 51 Antofagasta 846.0 –92.4 1022.5 727.2 0.6 20.9 8340.4 182 Dunelm 890.0 –33.0 981.0 482.8 3.0 21.5 1797.5 75 Land Securities 795.2 –45.8 943.6 791.0 6.1 - 5896.1 53 Schroders N/V 2495.0 +95.0 2590.0 1962.0 1.4 15.0 8235.0 200 Ascential 384.0 –6.0 434.8 337.2 1.5 63.0 1546.7 109 EasyJet 962.2 –68.3 1612.0 854.8 6.1 19.8 3821.9 35 Legal & General 252.0 –18.0 291.2 223.7 6.2 8.5 15030.0 56 Scottish Mortgage 543.0 –11.0 568.5 441.4 0.6 - 8062.4 110 Ashmore 525.5 –7.5 542.5 337.0 3.2 26.1 3745.4 142 Electrocomponents 594.4 –14.4 761.6 480.0 2.2 17.9 2648.3 15 Lloyds Banking Group 51.3 –4.7 66.6 50.0 6.3 9.6 36115.4 54 Segro 750.0 –18.4 789.0 585.2 2.5 8.7 8199.9 42 Ashtead 2196.0 –94.0 2438.0 1586.5 1.5 13.3 10172.3 162 Entertainment One 428.2 –20.0 483.4 336.4 0.3 85.6 2127.5 23 London Stock Exchange 6814.0 +1142.0 7058.0 3867.0 0.9 50.2 23828.7 183 Serco 143.9 +2.8 147.4 84.1 - 31.7 1760.4 29 Associated British Foods 2416.0 +22.0 2638.0 2041.0 1.9 20.9 19126.8 48 Evraz 612.8 –41.2 709.4 442.1 13.9 4.7 8844.8 147 Man 162.2 –4.8 183.0 126.8 5.6 11.3 2493.2 88 Severn Trent 2041.0 +3.0 2153.0 1770.0 4.4 15.3 4854.7 199 Assura 64.3 –1.6 66.4 52.4 4.2 18.4 1546.9 24 Experian 2479.0 –3.0 2544.0 1728.5 1.4 42.5 22585.3 106 Marks & Spencer 201.0 –8.5 299.1 201.0 8.8 100.8 3919.6 92 Smith (DS) 338.2 –37.3 513.4 292.2 4.4 375.8 4638.1 5 Astra Zeneca 7240.0 +335.0 7240.0 5325.0 3.1 53.7 94973.1 108 F&C Investment Trust 709.0 –14.0 741.0 616.0 1.5 - 3851.4 153 Mediclinic International 321.3 –12.6 514.2 293.4 2.5 - 2368.7 32 Smith & Nephew 1883.0 +86.5 1924.5 1258.0 1.5 30.1 16471.7 87 Auto Trader 526.2 –8.8 606.0 388.5 1.2 25.1 4881.7 36 Ferguson 6052.0 –106.0 6556.0 4749.0 2.4 20.0 13927.7 98 Meggitt 582.6 –6.4 602.6 458.0 2.8 25.5 4526.5 67 Smiths 1604.0 –35.5 1666.0 1279.5 2.8 21.9 6351.1 68 Aveva 3900.0 –130.0 4170.0 2284.0 1.0 186.6 6294.0 179 Finsbury Growth & Income 936.0 +9.0 956.0 740.0 1.6 - 1847.8 49 Melrose 179.3 –15.1 233.9 146.3 2.4 - 8710.8 157 Smith WH 2068.0 –54.0 2186.0 1697.0 2.6 24.6 2231.8 34 Aviva 400.8 –9.8 502.8 364.6 7.1 10.6 15698.9 80 Flutter Entertainment 6546.0 –340.0 8140.0 5525.0 3.1 27.2 5117.9 197 Mercantile Investment Trust 197.8 –7.2 219.0 168.0 3.1 - 1567.0 72 Smurfit Kappa 2520.0 –112.0 3292.0 1934.0 3.5 - 5989.4 148 Babcock International 479.2 nc 733.2 416.7 6.2 12.2 2422.8 99 Fresnillo 611.0 –175.0 1027.5 601.0 3.5 30.0 4502.4 94 Merlin Entertainments 450.5 –1.1 452.5 307.1 1.8 20.9 4613.5 180 Softcat 929.5 –24.5 993.5 565.0 1.3 29.4 1842.7 31 BAE Systems 544.8 +11.0 636.2 443.9 4.1 13.2 17452.3 136 G4S 187.2 –8.0 282.0 175.9 5.2 36.0 2904.6 74 Micro Focus International 1739.8 +16.0 2160.0 1190.0 5.1 10.4 5973.4 167 Sophos 425.0 –18.0 539.5 298.2 0.9 102.6 2058.7 138 Spectris 2460.0 –274.0 2898.0 1966.5 2.5 60.2 2852.0 20 Barclays 153.2 –6.9 193.1 146.1 4.2 8.5 26412.7 187 Genus 2580.0 –54.0 2890.0 2098.0 1.0 - 1678.4 159 Millennium & Copthorne Hotels 680.0 nc 685.0 436.0 0.6 92.0 2208.6 64 Barratt Developments 639.2 –22.8 663.0 434.0 4.2 8.9 6500.6 7 Glaxo Smith Kline 1691.0 +5.2 1730.0 1418.0 4.7 19.0 84349.6 66 Spirax-Sarco 8790.0 –90.0 9400.0 5900.0 1.0 29.1 6475.3 58 Mondi 1630.0 –195.0 2236.0 1584.0 4.2 9.4 7914.5 123 BBA Aviation 314.6 +16.6 324.8 207.0 3.4 35.2 3254.8 16 Glencore 242.2 –29.9 341.5 242.2 6.5 12.9 32997.0 38 SSE 1097.5 +4.0 1280.0 1008.0 8.7 8.1 11262.4 173 Moneysupermarket 357.0 –1.1 417.7 264.0 3.1 20.4 1915.1 177 BCA Marketplace 241.6 –0.2 247.0 178.5 3.7 28.1 1895.0 189 Grafton Group Units 701.0 –66.5 937.0 630.0 2.3 11.1 1672.4 128 SSP 710.0 +17.0 779.8 642.0 1.5 27.0 3158.4 168 Monks Investment Trust 934.0 –17.0 964.0 710.0 0.2 - 2044.3 132 Beazley 558.5 –6.5 599.0 492.6 2.2 23.8 2955.4 166 Greencoat UK 137.0 –1.6 143.2 122.8 5.0 - 2078.6 25 Standard Chartered 672.6 –17.6 736.8 519.8 2.5 54.2 21693.4 96 Morrison Supermarkets 190.8 –7.5 269.4 190.8 3.3 18.9 4565.9 114 Bellway 2921.0 –82.0 3226.0 2419.0 4.9 6.7 3597.6 175 Greene King 615.2 –19.6 704.4 472.8 5.4 12.2 1907.2 84 St James’s Place Capital 938.4 –124.6 1171.0 914.0 5.1 33.5 4982.6 161 National Express 421.4 –4.2 438.4 361.4 3.5 15.3 2156.5 85 Berkeley 3855.0 –90.0 3981.0 3226.0 2.3 8.1 4891.2 158 Greggs 2190.0 –188.0 2476.0 1006.0 1.6 29.4 2215.3 62 Standard Life Aberdeen 291.5 –13.1 378.9 224.9 8.5 - 7024.6 18 National Grid 856.6 +10.2 889.2 748.7 5.4 19.4 29228.4 6 BHP 1844.0 –111.0 2049.0 1490.6 5.1 13.9 93251.1 184 Great Portland Estates 662.6 –24.4 773.6 652.3 1.8 38.8 1759.2 117 Tate & Lyle 743.2 –9.0 800.4 630.6 3.9 19.2 3480.9 57 Next 5926.0 +214.0 6064.0 3991.0 2.7 13.7 7915.1 193 Big Yellow Group 981.0 –11.5 1062.0 852.5 3.3 12.6 1638.3 119 GVC Holdings 578.6 –47.8 1138.0 507.5 5.4 - 3367.0 81 Taylor Wimpey 155.4 –18.0 192.2 129.3 4.0 7.8 5098.4 83 NMC Health 2402.0 –68.0 4120.0 2192.0 0.6 25.8 5014.7 116 B&M European 355.4 –25.1 426.3 278.6 2.1 17.3 3556.0 60 Halma 1939.0 –54.5 2094.0 1237.0 0.8 43.3 7361.3 170 Templeton Emerging Markets 792.0 –24.0 829.0 649.0 2.0 - 1965.2 50 Ocado 1208.5 –31.5 1435.0 749.8 - - 8543.4 4 BP 526.9 +3.9 598.3 485.9 6.1 15.3 107448.7 192 Hammerson 214.0 –56.5 513.2 211.0 12.1 - 1639.9 26 Tesco 220.7 –5.3 266.2 189.6 1.7 16.3 21614.2 65 Pearson 830.4 –96.6 1027.5 769.2 2.2 14.4 6489.1 10 British American Tobacco 3110.5 +91.5 4222.5 2375.0 6.4 11.6 71348.8 44 Hargreaves Lansdown 2043.0 –62.0 2433.0 1633.0 1.6 40.3 9690.3 127 Travis Perkins 1256.5 –86.0 1465.0 970.0 3.7 42.6 3168.2 131 Pennon 728.2 +3.8 792.8 684.2 5.4 14.3 3062.8 91 British Land 500.4 –35.2 656.0 500.4 6.2 - 4682.2 160 Hays 150.8 –4.1 212.0 135.7 2.5 12.8 2199.7 145 Tritax Big Box Reit 150.8 –6.5 159.7 129.0 4.4 8.7 2574.1 129 Pershing Square Holdings 1457.6 –26.4 1505.4 1038.8 2.2 - 3132.9 151 Britvic 905.0 –7.5 956.0 745.0 3.1 20.3 2402.2 135 HICL Infrastructure 163.8 +0.6 170.1 149.9 5.1 - 2933.9 89 Tui 816.2 –30.8 1582.5 698.0 7.6 8.8 4798.5 30 BT 186.0 –6.0 264.6 186.0 8.2 8.6 18382.8 100 Hikma Pharmaceuticals 1815.5 –20.5 2025.0 1510.5 1.5 19.9 4398.3 70 Persimmon 1953.0 –141.0 2501.0 1859.5 12.0 7.0 6220.9 146 Tullow Oil 182.1 –9.7 266.3 165.1 2.1 24.9 2556.6 124 BTG 838.0 +2.0 853.0 508.5 - 38.3 3253.5 90 Hiscox 1650.0 –122.0 1777.0 1418.0 2.0 48.0 4689.2 86 Phoenix Group Holdings 676.8 –32.2 724.8 544.0 6.7 10.1 4882.7 172 UDG Healthcare 777.5 –19.0 824.0 551.0 1.6 97.9 1937.1 61 Bunzl 2142.0 –16.0 2551.0 2059.0 2.2 21.9 7213.0 111 Homeserve 1106.0 –72.0 1263.0 849.0 1.8 34.2 3700.6 171 Polar Capital Technology Trust 1458.0 –10.0 1500.0 1066.0 - - 1951.2 3 Unilever 4939.5 +40.5 5091.0 3931.0 2.8 15.7 129822.4 45 Burberry 2249.0 –46.0 2345.0 1623.5 1.8 27.5 9253.7 126 Howden Joinery 538.2 –28.8 573.4 416.4 2.2 16.6 3230.8 93 Polymetal International 984.8 –14.6 1031.0 597.2 3.7 15.9 4630.4 133 Unite Group 1015.0 –35.0 1076.0 797.5 2.9 11.3 2946.9 190 Caledonia Investments Inv 3035.0 –20.0 3110.0 2650.0 1.9 - 1666.8 2 HSBC 646.1 –16.3 725.8 600.8 6.1 12.2 131044.4 12 Prudential 1600.5 –92.0 1824.0 1340.0 3.0 13.7 41609.7 79 United Utilities 795.4 +3.8 873.6 682.4 5.1 14.9 5423.7 191 Capital & Counties Properties 193.2 –24.8 279.5 193.2 0.8 - 1644.7 165 IG Group 567.2 +6.6 919.0 474.8 7.6 10.0 2095.5 195 QinetiQ 280.2 –9.2 312.4 267.9 2.2 14.0 1591.4 185 Victrex 1962.0 –44.0 3408.0 1944.0 3.0 17.1 1695.9 154 Capita 136.8 +18.7 150.2 99.9 - 9.6 2282.6 137 IMI 998.6 –51.4 1227.0 870.0 4.1 16.0 2860.0 141 Quilter 140.0 –9.6 156.6 110.6 - 14.9 2663.1 13 Vodafone 150.4 +4.4 186.7 123.3 8.7 - 40247.5 21 Carnival 3611.0 –30.0 5000.0 3412.0 4.4 10.7 25804.6 28 Imperial Brands 2136.0 –4.0 2987.5 1846.8 8.8 13.1 20408.7 11 Reckitt Benckiser 6152.0 –329.0 7155.0 5593.0 2.8 19.2 43619.4 115 Weir 1376.0 –181.0 1939.0 1240.0 3.4 58.1 3572.1 104 Centrica 73.4 –14.1 155.6 73.4 16.4 - 4268.7 150 Inchcape 590.5 –36.0 716.5 486.6 4.5 45.8 2415.4 174 Redrow 543.0 –31.0 639.0 23.0 5.4 5.9 1912.4 196 Wetherspoon JD 1501.0 –39.0 1581.0 1066.0 0.8 25.0 1577.5 120 Cineworld 245.2 –7.1 323.6 245.2 2.9 13.9 3364.0 40 Informa 850.8 –32.4 892.0 605.8 2.6 35.5 10650.3 14 Relx 1919.0 –15.5 1978.0 1491.5 2.2 24.9 37333.1 77 Whitbread 4334.0 –220.0 5114.0 3905.0 2.3 18.2 5793.8 198 City of London Investment Trust 413.0 –13.0 434.0 376.0 4.4 - 1566.6 140 Inmarsat 578.4 +14.8 578.4 362.8 2.7 25.4 2681.4 181 Renewables Infrastructure 124.8 –2.0 133.2 109.6 5.3 - 1805.0 176 Witan Investment Trust 217.0 –5.5 227.6 189.6 2.3 - 1902.9 169 Close Brothers 1313.0 –41.0 1660.0 1313.0 4.8 9.9 1987.8 43 InterContinental Hotels 5482.0 –105.0 5738.0 4155.8 1.6 36.3 9979.1 143 Renishaw 3624.0 –176.0 5520.0 3624.0 1.7 20.6 2637.5 112 Wizz Air 3587.0 –182.0 3769.0 2329.0 - 10.7 3681.0 105 Cobham 166.0 –1.8 168.3 96.8 - - 3969.1 107 Intermediate Capital 1338.0 –71.0 1429.0 899.0 2.3 21.1 3885.2 55 Rentokil Initial 438.5 +26.9 447.0 284.8 1.0 - 8109.3 121 Wood 488.5 –64.7 796.4 389.9 1.8 - 3329.3 41 Coca-Cola HBC 2851.0 +27.0 3074.0 2244.0 1.7 26.2 10350.9 46 Intertek 5642.0 –58.0 5962.0 4387.0 1.8 31.5 9105.8 95 Rightmove 514.9 –10.0 585.1 420.9 1.3 27.4 4576.7 37 WPP 937.2 –21.0 1301.0 800.4 6.4 11.1 11826.6 17 Compass 2055.0 +16.0 2110.0 1483.0 1.8 27.9 32599.8 47 International Airlines Group 448.2 +10.2 711.4 413.5 5.6 5.1 8893.8 9 Rio Tinto 4386.5 –219.0 4976.5 3486.0 5.5 7.1 74203.8 186 Computacenter 1481.0 +133.0 1572.0 952.0 1.9 21.1 1690.4 152 International Public Partnerships 159.6 +1.6 163.4 146.8 4.3 16.4 2370.5 125 RIT Capital Partners 2080.0 –70.0 2150.0 1892.0 - - 3231.3 Price/earnings ratios are based on historic data, with yield and p/e values 113 Convatec 185.5 +35.4 239.0 118.6 2.4 29.5 3668.0 130 Investec 448.4 –37.1 561.0 423.4 5.5 8.8 3121.2 33 Rolls-Royce 828.4 –40.0 1094.0 759.2 1.4 - 15905.3 calculated from the most recent reported dividends and earnings per share, 27 CRH 2631.0 –76.0 2735.0 1971.5 2.3 17.1 21018.8 103 ITV 106.8 –6.0 170.1 104.7 7.5 9.6 4297.1 144 Rotork 296.3 –14.1 359.0 235.7 1.9 28.2 2584.0 using trailing 12-month figures. 52-week highs and lows are end of day. 71 Croda 4676.0 +2.0 5447.7 4576.0 1.9 25.5 6016.0 118 IWG 377.5 –0.6 381.3 199.8 1.6 32.5 3380.9 22 Royal Bank Of Scotland 202.9 –25.0 270.4 202.9 2.7 16.2 24533.1 nc = no change Data provided by Morningstar.Any enquiries please contact: 156 CYBG 158.8 –39.0 364.2 158.8 2.0 - 2275.8 73 JD Sports 614.2 –16.0 649.8 318.5 0.3 22.8 5977.6 1 Royal Dutch Shell A 2403.5 –144.5 2666.0 2213.0 6.2 12.3 193452.0 [email protected]