14 The Sunday Times November 12, 2017 BUSINESS

Andrew Lynch LETTERS

Woolworths, Huddersfield, week was a $40m writedown Send your letters, including restricted to dedicated sparked local interest — Carney makes case for capitalism in 1964. on unsold Spectacles. The SIGNALS full name and address, national servers. especially if it meant leaving One of his early duties was video sunglasses were meant AND NOISE . . . to: The Sunday Times, Geoff Naylor, Winchester the office. The photographer The opening of King’s boss Harriet Green, now at to empty the bins, he told me to be yet another example of 1 London Bridge Street, seems to be the only person Business School, housed IBM; David Morgan, Europe a few years ago. “I remember the blistering creative genius London SE1 9GF. Or email: Russian Facebook activity who gets into the field. behind the glorious Portland and Asia Pacific chairman at coming down in the lift with of supermodel Miranda [email protected] was no more than a blip They deserve to go bust, stone walls of Bush House on JC Flowers; and ex-Coutts the empty bins and the Kerr’s husband. Letters may be edited In last week’s article “Russia’s but since they do not Aldwych, featured central boss Rory Tapner. chargehand punched me in So where might you shift cyber-war could change big acknowledge, even from banking’s favourite rock star. As Carney described the the face because I wasn’t this unwanted stock? Yes, tech for ever”, we were told head office, this sort of Mark Carney’s lecture on similarities between today quick enough. You could do Europe’s first store selling Let Amazon and Apple pay Russians bought $100,000 concern, they are probably in inclusive capitalism had the and 150 years ago, he seemed that sort of thing then,” said Spectacles opened yesterday for fire and police call-outs (£75,770) of Facebook the dark as to what has gone audience eating out of his to be having a pop at Corbyn Walker, 71, who will this in Shoreditch, east London. I Most of us are taxed by PAYE advertising from June 2015 to wrong! Serves ’em right, but hand. Among them were & Co: “At that time, not far week mark 47 years since the am told there’s a hipster and are responsible for May 2017, but this is paltry. we are the poorer for it. business leaders connected from here, Karl Marx was opening of the first Iceland born every minute. paying for all our public Facebook advertising Dr Mike Sherratt, Tring, to King’s College London, scribbling away in the shop in Oswestry. services. Those who avoid tax revenue for just the second Hertfordshire including: former Anglo reading room of the British by keeping their money in quarter of this year was a American chief Cynthia Library, warning of the Where there’s offshore sites should not be whopping $9.2bn. Carroll; ex-Thomas Cook spectre of communism One in the eyes The big girl’s blouse who is able to call on those services The article also said that haunting western Europe — smoke . . . dressing Britain: Johnnie free of charge. Russian-backed content on BESTSELLING BOOKS and echoes of that manifesto for Shoreditch Back to July, my colleague Boden, founder of the If, say, an Amazon Facebook reached as many as even get through today.” Tough times for Evan Daniel Dunkley revealed that eponymous clothing retailer, warehouse catches fire, the 126m Americans during and Talking to My Daughter About the Economy Yanis Varoufakis JUST SAYING . . . Carney, 52, emphasised Spiegel, billionaire founder the South African fashion is worth more than £340m company should have to pay after last year’s presidential 1 The Bodley Head (8,423) the role that chance plays in of Snap, which owns the chain Foschini was in the but he will cry at the drop of the fire service the cost of election, but Facebook noted Finding My Virginity (hardback) life. “We all know it’s a total Snapchat message service. race for Hobbs, the high a hat, says Laura Pullman attending the conflagration. that Russian-backed content Sir Richard Branson We have learnt 2 Virgin Books (7,639) accident of history that I am Floating in the sea of red in street stalwart whose Or if an Apple shop is in this period represented The Chimp Paradox some hard the governor of the Bank of its financial reporting last customers include the burgled, it should have to only about 0.004% of its Steve Peters England,” he said to laughter. Duchess of Cambridge. NEWS REVIEW, PAGE 31 reimburse the police, as do newsfeed items. In other 3 Vermilion (5,255) lessons this “Many in this country are Ben Barnett, 38, London football clubs for having words, Russian activity on the Money Rob Moore year . . . We have wondering how it happened. FUNNY BUSINESS boss of Foschini’s TFG officers attend their matches. social media platform was 4 John Murray (3,685) Most are wondering when it Brands — which owns TWITTER POLL George Moffat, Whitley Bay, statistically insignificant. Black Box Thinking no divine right will end.” Whistles and Phase 8 — Tyne and Wear Yugo Kovach, Winterborne 5 Matthew Syed So long as Jacob Rees- berated Dunkley for his Houghton, Dorset John Murray (3,069) to flourish and Blue Ocean Shift Mogg is not chancellor, we report, which he derided Yes No There may be a solution to Renée Mauborgne & W Chan Kim we don’t ask know the answer is as “out-of-date tat”. the harmful effects of tax Johnston Press reporters 6 Macmillan (2,086) June 2019. Last week, Foschini’s avoidance on societies and should get out more Losing My Virginity for one purchase of Hobbs was national economies. In a Johnston might have done Sir Richard Branson 71% 29% 7 Virgin Books (1,961) announced. similar way to the licensing of well with local news had they Elon Musk Malcolm’s school I doubt TFG offers a line in banks, businesses and worked effectively at the job, 8 Ashlee Vance flame-retardant undies. So, individuals that wish to sell “How Johnston Press lost Virgin Books (1,872) of hard knocks Benjamin Lawrence goods and services to people three ‘rivers of gold’ Agenda Principles Ray Dalio As Prince William gently Maximilian Barnett, for living in Britain could have to last week. 9 Simon & Schuster (1,718) conferred a knighthood on egregious services to fibbing, be authorised. But, as a patient of mine Finding My Virginity (paperback) Sir Richard Branson British Airways chief Iceland boss Malcolm Walker it is my pleasure to confer Traders could be required who was a local paper 10Virgin Books (1,703) executive Alex Cruz last week, I was reminded of upon you Prufrock’s to adhere to certain distributor confirmed, and on the travails of the the rather rougher welcome distinguished order of the Will a merger of SSE and conditions, such as not using from my own observations, Bestseller List prepared by Nielsen flagship airline in a highly the frozen-food tycoon had Pants on Fire. Matches, Npower hurt consumers? tax havens, in order to have their reporters have an using data supplied by and copyright to Nielsen BookScan, taken from the competitive environment in his first job in retailing — at anyone? @ST_Business an annual licence renewed. aversion to investigating TCM for the four-week period Online transactions could be anything that would have October 8 - November 4, 2017 DATABANK INSIDE THE CITY JOHN COLLINGRIDGE THE WEEK IN THE MARKETS THE ECONOMY

FTSE 100 FTSE 100 DOLLAR Consumer prices index current rate prev. month to plunge in then are sitting Analysts are factoring in a USD > GBP 3.0% 2.9% Trump’s pretty. Its shares have more total payout of 4.2p per share, 7,600 than tripled in value, and up from 3p last year, but if CPI including housing current rate prev. month now stand at 335p, valuing free cashflow improves 7,400 $1.32 2.8% 2.7% love for it at £650m. Swiss activist further and debt continues U 0.01 investor and 6% shareholder to fall, there could be more 7,200 Retail prices index current rate prev. month 12-month high: $1.37 coal lifts Teleios has been a scope for dividend growth. 7,432.99 7,000 low: $1.20 3.9% 3.9% beneficiary, and now has Fenner is not just about 127.36 H:7,599.0 EURO Average weekly earnings on prev. month on last year a seat on its board. conveyor belts. Its widgets 1.68% L:6,678.7 6,800 EUR > GBP Fenner £507 U0.4% U2.2% Donald Trump’s love affair division covers a broad 6,600 with coal has helped propel spread of industries. They FTSE 250 Unemployment current rate prev. month N D J F M A M J J A S O its shares north, as has the range from the seals used in €1.13 1.44m 4.3% 4.3% The demise of King Coal has recovery in the oil price and liquid natural gas production, Source: Thomson Reuters W 0.00 Manufacturing output on the year on last month not been kind to Fenner, the America’s growing rig count. to parts used in keyhole RISERS FALLERS 12-month high: €1.20 Ultra Electronics: £15.27, 16.3% on low: €1.07 East Yorkshire maker of Saudi Arabia’s recent political surgery. While sales there Ultimate Products: 95.3p, U 10% on V U2.7% U0.7% revenue jump. S&U: £22.19, U 9% on deal deadline. Inmarsat: 525p, V 11.7% conveyor belts. purge has given the oil price have been falling, profits sentiment. Avon Rubber: £11.15, on shrinking earnings. Allied Minds: YEN Retail sales on the year on last month The fuel that powered the another shot of adrenaline, and margins are in the 20,020.85 U 8.8% on defence contract. Trifast: 166.5p,V 11.4% on short position. YEN > USD Sanne Group: 715p, 11.4% on Industrial Revolution — and which should feed through ascendency. Fenner is on 451.53 H:20,491.4 241p, U 8.3% on broker update. V U1.2% V 0.8% Playtech: 824p, U 7% on share price director deals. BTG: 703p, V 9.8% on helped Fenner grow from its to Fenner’s order books. the hunt for acquisitions, 2.21% L:17,347.5 recovery. soured US contract. UK trade latest month prev. month latest 12 mths humble beginnings in Hull in This week’s full-year something unthinkable just ¥113.53 balance (£bn) -2.8 -3.5 -36.5 1861 — is going out of fashion results should show more a few years ago. DOW JONES HANG SENG FTSE EUROFIRST V 0.53 Gross domestic latest quarter prev. quarter annual change fast. Governments from momentum, as well as The company has been a 12-month high: ¥118.66 product Westminster to Beijing are another hike to its dividend. perennial on the stock market 23,422.21 29,120.92 1,528.66 low: ¥104.95 U0.4% U0.3% U1.5% attempting to clean up their Cost cuts have created a since its float in 1937. Its 116.98 H:23,602.1 517.31 H:29,237.9 29.47 H:1,564.8 Budget deficit latest month prev. month year to date 0.50% L:18,603.1 1.81% L:21,488.8 1.89% L:1,326.9 OIL power generation with business that ought to 62-year-old chief executive DOLLARS/BARREL (PSNB) in £bn 5.9 4.7 32.5 curbs on coal. generate significant cash Mark Abrahams is not quite NASDAQ SHANGHAI SENSEX The commodity price when orders start to flow. of the same vintage, but has 6,750.94 3,432.67 33,314.56 crash of 2014 left the engineer served an impressive stint 13.50 H:6,795.5 60.93 H:3,438.8 371.00 H:33,866.0 $63.52 on the ropes, as plunging on its board, since joining in Fenner 0.20% L:5,145.3 1.81% L:3,016.5 1.1% L:25,717.9 U 1.45 10-YEAR BOND YIELDS % demand for minerals and oil 1990 as finance director. His 12-month high: $64.65 and gas slashed demand for 500p plans to step aside have been S&P 500 CAC 40 ALL ORDS low: $43.57 variation 12 months 2,582.30 6,104.27 high low its belts, spare parts and 400 complicated by the departure 5,380.72 GOLD 5.54 H:2,597.0 73.95 H:6,124.7 hydraulic seals. Fenner hit its of his replacement, 137.25 H:5,536.4 DOLLARS/TROY OZ UK 1.34 U 0.08 1.56 0.92 lowest ebb in early 2016, after 300 Nick Hobson, with illness. 0.21% L:2,151.2 2.49% L:4,473.4 1.23% L:5,238.3 a string of profit warnings 200 Fenner needs clarity NIKKEI DAX S&P TSX US 2.40 U 0.07 2.64 1.99 that left its shares trading at on a replacement for its 100 22,681.42 13,127.47 16,039.26 $1,276.33 just 98.5p and forced deep veteran boss, but its JAPAN 0.04 V 0.02 0.16 -0.05 142.3 H:23,382.2 351.39 H:13,525.6 19.1 H:16,131.8 U 8.53 cost-cutting. 2014 2015 2016 2017 prospects are bright. Buy. 12-month high: $1,347.38 0.63% L:16,560.7 2.61% L:10,402.6 0.12% L:14,481.6 GERMANY 0.41 U 0.05 0.59 0.16 Investors who had the guts Source: Thomson Reuters @jcollingridgeST low: $1,126.52

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) 52 3i Group 945.5 –22.0 969.5 604.5 2.8 - 9098.7 198 Dixons Carphone 152.0 –11.0 366.7 152.0 - 7.2 1753.0 14 Lloyds Banking Group 66.5 –0.9 73.1 57.5 4.1 15.5 47706.0 50 Schroders 3452.0 –45.0 3512.0 2765.0 2.5 19.8 9224.0 183 3i Infrastructure 200.3 +2.8 208.5 183.0 3.9 - 2052.2 94 EasyJet 1275.0 –39.0 1431.0 914.5 4.2 20.4 5064.4 39 London Stock Exchange 3720.0 –24.0 3983.0 2621.0 1.2 43.9 12900.4 71 Scottish Mortgage 452.2 –4.2 457.0 304.2 0.7 - 6333.2 90 Admiral 1857.0 –9.0 2178.0 1732.0 2.8 23.2 5288.4 134 Electrocomponents 691.0 –18.0 709.0 365.0 1.7 33.2 3051.1 131 Man 190.6 –4.1 194.7 112.7 3.7 - 3157.3 88 Segro 546.5 –1.5 554.0 403.3 3.0 7.8 5456.2 166 Aggreko 950.5 –30.5 1064.0 765.0 2.8 19.5 2434.5 107 Evraz 288.0 –6.6 335.2 173.2 - - 4124.3 91 Marks & Spencer 319.2 –9.1 395.5 312.9 5.9 28.0 5186.1 92 Severn Trent 2169.0 +38.0 2553.0 2072.0 3.7 15.6 5120.1 163 Alliance 735.5 –11.5 747.0 575.0 1.8 - 2568.0 35 Experian 1634.0 +30.0 1705.0 1383.0 2.0 23.8 15268.3 100 Mediclinic International 603.5 +8.5 887.0 577.0 1.4 19.5 4447.8 148 Shaftesbury 986.0 –20.0 1016.0 872.5 1.5 22.7 2751.0 28 Anglo American 1485.0 nc 1508.0 959.4 - 14.9 20858.4 38 Ferguson 5295.0 –65.0 5385.0 4460.0 2.0 15.1 13400.5 115 Meggitt 491.6 –34.4 526.0 410.6 3.1 13.1 3813.6 18 Shire 3534.5 –188.5 5036.0 3523.0 0.6 25.6 32084.1 46 Antofagasta 967.5 –22.5 1061.0 661.5 1.5 38.4 9538.2 123 Foreign & Colonial 628.5 –11.5 640.0 512.0 1.6 - 3419.2 106 Melrose 213.1 –6.0 261.2 165.5 1.0 - 4136.7 34 Sky 918.0 –28.5 1007.0 750.5 2.3 23.0 15780.6 161 Ashmore 365.2 –4.0 388.4 274.1 4.6 15.4 2583.3 45 Fresnillo 1298.0 +8.0 1725.0 1091.0 1.8 21.9 9564.9 199 Mercantile Investment Trust 2110.0 –33.0 2143.0 1645.0 2.2 - 1747.6 87 Smith (DS) 514.0 –14.0 528.0 380.1 2.6 23.4 5485.5 47 Ashtead 1908.0 –69.0 1977.0 1385.0 1.2 19.1 9525.2 109 G4S 258.6 –27.9 341.1 224.1 3.6 14.1 4012.4 111 Merlin Entertainments 383.0 +5.2 537.0 368.1 1.7 18.5 3890.6 42 Smith & Nephew 1339.0 –73.0 1431.0 1067.0 1.8 17.8 11715.8 25 Associated British Foods 3066.0 –267.0 3371.0 2361.0 1.2 20.2 24272.7 86 GKN 320.0 +1.7 376.5 299.6 2.7 22.9 5495.7 139 Metro Bank 3644.0 –7.0 3834.0 2925.0 - 628.3 2929.5 79 Smiths 1518.0 –71.0 1684.0 1370.0 2.8 10.7 6003.3 8 Astra Zeneca 4870.0 –310.0 5508.0 4007.0 4.4 20.7 61641.9 6 GlaxoSmithKline 1318.0 –43.0 1722.0 1318.0 6.1 27.9 64817.3 43 Micro Focus International 2619.0 –50.0 2671.0 1962.0 2.5 47.2 11394.7 174 Smith WH 2032.0 –37.0 2099.0 1447.0 2.2 19.6 2255.9 130 Auto Trader 332.4 –16.3 435.9 332.4 0.8 21.3 3233.4 11 Glencore 362.6 –16.2 385.2 261.9 0.7 31.4 52195.3 188 Millennium & Copthorne Hotels 609.0 –3.5 625.5 410.2 1.3 17.8 1977.7 89 Smurfit Kappa 2265.0 –121.0 2419.0 1744.0 3.2 15.3 5364.0 29 Aviva 495.7 –13.8 544.0 443.4 4.3 32.8 20051.4 194 Grafton Group Units 765.5 –60.5 841.0 516.5 1.8 17.6 1814.0 65 Mondi 1807.0 –23.0 2130.0 1511.0 2.8 15.9 6636.0 154 Sophos 585.0 –20.5 625.0 234.3 0.6 - 2696.1 108 Babcock International 812.5 –5.0 991.0 795.5 3.2 13.2 4108.0 187 Great Portland Estates 608.5 –13.5 739.0 587.5 1.6 - 1988.2 197 Moneysupermarket 328.5 –7.7 361.3 265.0 3.0 23.6 1779.9 136 Spectris 2523.0 –149.0 2834.0 1999.0 2.1 271.3 3007.8 30 BAE Systems 556.0 –35.0 677.0 556.0 3.8 16.7 17703.0 155 GVC Holdings 890.5 –30.0 947.0 594.0 - - 2677.4 95 Morrison Supermarkets 216.1 –2.9 252.9 212.6 2.3 16.7 5047.4 103 Spirax-Sarco 5690.0 –130.0 5835.0 4125.0 1.3 32.2 4184.4 189 Balfour Beatty 276.5 –5.0 298.4 253.5 0.3 - 1907.1 99 Halma 1248.0 +9.0 1248.0 886.5 1.0 36.4 4732.2 191 National Express 371.5 –0.7 380.0 334.7 3.3 16.1 1901.1 180 Sports Direct International 381.1 –19.8 419.5 268.3 - 9.9 2105.1 20 Barclays 179.1 –4.1 239.2 179.1 1.7 15.1 30518.6 104 Hammerson 524.0 –6.0 609.5 514.0 4.3 13.1 4156.5 19 National Grid 894.8 –23.6 1157.5 894.8 5.3 17.1 30684.9 37 SSE 1360.0 –7.0 1563.0 1348.0 6.7 10.1 13714.3 74 Barratt Developments 620.0 –34.5 700.0 452.4 3.0 11.0 6243.3 60 Hargreaves Lansdown 1583.0 +1.0 1592.0 1174.0 1.5 38.2 7508.5 171 Nex Group 601.0 –22.0 848.8 464.5 6.4 23.5 2282.2 144 SSP 597.0 +0.5 597.0 325.5 0.9 37.5 2837.1 26 Stand Chartered 734.0 +10.5 846.7 617.2 - 1588.7 24156.0 128 BBA Aviation 319.6 –7.6 327.2 249.3 3.0 22.0 3297.5 182 Hastings 314.3 –3.1 325.0 211.9 3.2 22.1 2065.6 70 Next 4379.0 –94.0 5320.0 3617.0 3.6 10.2 6439.6 158 Hays 182.0 –5.7 194.4 137.0 1.6 19.1 2626.2 77 St James’s Place Capital 1146.0 –36.0 1238.0 932.5 2.6 53.8 6057.6 156 Beazley 508.0 +9.9 525.0 372.8 2.0 13.9 2670.6 80 NMC Health 2918.0 –171.0 3199.0 1282.0 0.4 47.4 5961.0 145 HICL Infrastructure 156.8 –1.2 174.6 155.2 5.0 - 2800.5 41 Strandard Life Aberdeen 415.6 –19.8 446.3 405.0 4.5 22.3 12374.0 102 Bellway 3450.0 –200.0 3792.0 2388.0 3.1 10.1 4236.5 49 Old Mutual 190.3 –3.1 229.1 184.9 3.2 12.0 9381.7 168 Hikma Pharmaceuticals 992.0 –100.0 2297.0 992.0 2.2 18.6 2386.2 192 TalkTalk 197.8 –10.6 218.0 152.5 8.0 33.0 1889.0 96 Berkeley 3613.0 –86.0 3978.0 2404.0 5.1 8.0 4941.2 143 Paysafe Group 586.0 nc 595.0 305.7 - 25.4 2841.7 105 Hiscox 1450.0 +35.0 1450.0 982.0 1.7 12.5 4143.2 129 Tate & Lyle 706.0 +16.0 795.0 625.5 4.0 13.0 3280.7 22 BHP Billiton 1424.0 –3.5 1486.0 1117.0 3.0 16.8 30074.9 82 Pearson 693.0 –0.5 827.5 566.5 7.5 - 5700.5 162 Homeserve 830.5 –36.5 867.0 523.0 1.6 35.2 2580.4 73 Taylor Wimpey 192.9 –7.2 207.4 145.6 0.9 10.8 6311.6 110 B&M European 393.4 –19.0 412.4 238.0 1.3 27.5 3934.0 125 Pennon 812.5 +8.0 944.0 768.0 4.2 20.5 3383.7 140 Howden Joinery 463.4 –5.5 475.7 360.0 2.2 15.8 2916.7 176 Templeton Emerging Markets 780.0 –9.5 789.5 559.0 1.0 - 2169.4 121 Booker 199.3 –1.7 212.3 168.0 2.3 23.2 3552.8 165 Pershing Square 1021.0 –18.0 1250.0 959.0 - - 2451.7 1 HSBC 741.3 +3.2 769.5 619.9 5.1 35.5 148631.6 36 Tesco 176.6 –2.5 218.7 166.5 - 218.0 14459.5 3 BP 506.9 –9.9 524.7 433.5 5.9 34.6 99755.6 54 Persimmon 2673.0 –158.0 2890.0 1667.0 5.1 12.0 8249.5 164 IG Group 676.0 +6.0 848.5 450.7 4.6 14.6 2480.8 196 Thomas Cook 117.2 –5.4 126.9 69.8 0.4 167.4 1800.0 5 British American Tobacco 4910.0 –85.5 5643.0 4278.0 3.2 19.7 91544.5 137 Phoenix Group Holdings 763.0 –4.0 798.5 697.5 5.9 - 2997.5 122 IMI 1260.0 –13.0 1319.0 911.0 3.1 26.2 3426.9 153 TP Icap 486.7 –13.3 544.5 410.7 3.5 30.8 2697.0 76 British Land 593.0 –7.5 674.0 579.0 4.9 40.3 6106.8 160 Playtech 824.0 +54.0 1016.0 767.0 3.5 13.2 2614.9 21 Imperial Brands 3181.5 +143.5 3933.5 3038.0 4.9 30.0 30501.4 112 Travis Perkins 1548.0 –20.0 1696.0 1342.0 2.9 516.0 3886.6 185 Britvic 769.0 –3.5 779.0 523.5 3.2 18.0 2027.5 113 Polymetal International 889.0 +2.0 1095.0 731.5 2.0 11.8 3823.7 133 Inchcape 733.5 –51.0 880.5 590.5 3.2 15.3 3059.2 58 Tui 1318.0 –45.0 1365.0 1001.0 4.3 16.4 7737.2 24 BT 247.8 –2.0 396.9 247.8 5.8 15.4 24677.3 63 Paddy Power Betfair 8560.0 +295.0 8900.0 6665.0 1.5 - 7209.7 149 Indivior 378.6 –17.9 419.5 267.6 2.5 20.2 2729.7 150 Tullow Oil 196.8 +6.1 333.6 145.6 - - 2721.9 151 BTG 703.0 –76.0 779.0 534.5 - 81.7 2711.8 13 Prudential 1845.5 –22.5 1885.5 1477.5 2.4 17.3 47721.4 78 Informa 731.0 +22.5 731.5 629.5 2.6 29.2 6023.5 141 UBM 724.0 –1.5 764.5 645.0 3.0 32.3 2852.0 62 Bunzl 2157.0 –163.0 2465.0 1988.0 2.0 25.1 7244.4 167 Inmarsat 525.0 –69.5 850.5 517.0 7.0 20.1 2394.2 69 Randgold Resources 6905.0 –40.0 8190.0 5470.0 1.1 31.3 6490.4 173 UDG Healthcare 912.0 –37.0 959.0 614.5 1.1 38.2 2264.7 59 Burberry 1746.0 –169.0 1985.0 1383.0 2.1 26.9 7654.1 55 Intercontinental Hotels 4280.0 –83.0 4468.0 3189.7 1.5 24.7 8131.6 15 Reckitt Benckiser 6544.0 –39.0 8108.0 6514.0 2.3 21.9 46000.7 10 Unilever 4224.0 –54.0 4548.5 3092.0 2.8 23.7 54072.2 178 Capital & Counties Properties 254.1 –13.8 324.8 253.1 0.6 87.6 2154.2 157 Intermediate Capital 947.5 –15.0 1006.0 628.5 2.7 12.7 2658.1 175 Redrow 594.5 –51.0 664.0 408.6 1.7 9.4 2198.5 83 United Utilities 833.0 –2.0 1056.0 818.5 4.6 13.1 5680.1 126 Capita 506.0 –18.0 705.5 452.4 6.3 648.7 3376.5 53 Intertek 5365.0 –5.0 5425.0 3038.0 1.2 31.7 8658.6 16 Relx 1720.0 –21.0 1741.0 1282.0 1.9 30.8 35518.3 169 Vedanta Resources 840.0 –69.5 1102.0 575.0 4.6 - 2327.6 44 Carnival 4864.0 –111.0 5380.0 3907.0 2.4 17.0 10379.2 40 International Airlines Group 597.0 –24.5 670.0 414.0 3.4 7.2 12524.1 116 Renishaw 5210.0 –55.0 5285.0 2416.0 0.9 36.9 3792.3 179 Victrex 2458.0 –66.0 2524.0 1683.0 1.9 25.2 2109.2 51 Centrica 167.2 –0.5 235.8 165.8 7.2 16.7 9184.0 177 International Public Partnerships 160.3 –0.7 166.6 151.8 4.1 9.3 2163.7 81 Rentokil Initial 320.6 –6.1 335.8 206.0 1.0 8.7 5890.5 9 Vodafone 217.6 –1.7 231.5 190.5 5.5 - 57947.0 200 Cineworld 642.0 –41.0 740.0 537.0 2.8 21.1 1738.8 147 Intu Properties 205.0 –13.2 294.0 205.0 6.7 18.3 2777.8 119 Rightmove 3950.0 –200.0 4346.0 3631.0 1.2 29.0 3653.9 101 Weir 1986.0 –59.0 2115.0 1712.0 2.2 66.6 4334.5 184 Close Brothers 1340.0 –42.0 1715.0 1335.0 4.3 10.5 2032.9 127 Investec 504.5 –21.5 627.5 486.0 4.3 10.3 3363.1 12 Rio Tinto 3695.0 –30.0 3773.5 2910.0 3.5 14.0 50907.3 66 Whitbread 3570.0 –135.0 4307.0 3408.0 2.7 13.9 6547.2 132 Cobham 129.3 –10.3 174.6 110.7 1.4 - 3091.6 72 ITV 156.8 –3.0 219.6 153.0 4.2 14.1 6311.8 135 RIT Capital Partners 1956.0 –22.0 1979.0 1766.0 - - 3051.1 170 William Hill 269.8 +8.9 311.5 240.0 4.6 14.4 2314.3 48 Coca Cola HBC 2585.0 –53.0 2671.0 1615.0 1.3 31.9 9418.1 193 IWG 206.0 –15.9 365.2 206.0 2.5 14.3 1883.6 31 Rolls-Royce 928.0 –49.0 981.0 639.5 0.5 - 17076.5 190 Witan Investment Trust 1059.0 –16.0 1075.0 843.0 1.8 - 1906.2 23 Compass 1635.0 –30.0 1757.6 1370.7 2.0 23.4 26889.0 142 Jardine Lloyd Thompson 1302.0 –14.0 1318.0 947.5 2.5 24.1 2851.9 172 Rotork 260.5 –11.7 272.3 200.1 2.0 29.9 2266.7 195 Wizz Air 3137.0 –145.0 3358.0 1560.0 - 17.2 1803.1 118 Convatec 190.4 +8.4 344.0 182.0 - - 3715.6 124 JD Sports 348.3 –14.6 456.0 303.3 0.4 19.0 3389.8 17 Royal Bank Of Scotland 275.3 –3.3 285.8 193.4 - - 32694.8 98 Wood 716.0 –15.5 894.5 560.0 3.6 121.2 4852.2 27 CRH 2701.0 –92.0 2920.0 2575.0 2.1 19.4 22588.1 67 Johnson Matthey 3365.0 –138.0 3503.0 2727.0 2.2 16.8 6512.4 2 Royal Dutch Shell A 2418.0 –17.0 2459.5 1928.0 6.0 32.0 108246.5 57 Worldpay 404.0 –5.5 430.4 256.6 0.5 48.1 8080.0 84 Croda 4182.0 –60.0 4262.0 3072.0 1.7 28.5 5650.9 152 Jupiter Fund Mganagement 589.5 –14.5 604.0 393.4 2.5 19.0 2698.1 4 Royal Dutch Shell B 2457.5 –14.0 2490.0 2017.5 5.9 32.6 92045.3 32 WPP 1304.0 –14.0 1921.0 1295.0 4.3 9.6 16619.0 146 CYBG 316.9 +10.3 316.9 260.0 - - 2797.6 85 Just Eat 811.0 +11.0 815.5 496.0 - 77.2 5509.2 117 Royal Mail 378.3 –0.6 499.2 369.9 5.9 13.9 3783.0 68 DCC 7305.0 +40.0 7540.0 5860.0 1.4 32.5 6506.8 120 Kaz Minerals 812.5 –12.5 875.5 332.6 - 16.2 3629.6 114 RPC 921.5 –20.5 1079.0 720.5 1.9 25.0 3823.6 Price/earnings ratios are based on historic data, with yield and p/e values 186 Dechra Pharmaceuticals 2155.0 –35.0 2190.0 1235.0 0.9 145.5 2007.9 64 Kingfisher 309.8 –7.3 369.7 288.0 3.4 11.8 6811.1 75 RSA Insurance 610.0 –7.5 666.5 521.0 2.6 54.5 6237.8 calculated from the most recent reported dividends and earnings per share, 138 Derwent London 2669.0 –79.0 3007.0 2359.0 2.0 27.9 2974.6 159 Ladbrokes Coral 136.9 +2.9 137.6 111.3 2.2 - 2621.1 181 Saga 186.6 –2.1 215.3 182.7 4.6 13.7 2086.2 using trailing 12-month figures. 52-week highs and lows are end of day. 7 Diageo 2559.5 –34.5 2608.0 1956.5 2.4 23.8 64434.0 61 Land Securities 937.5 –20.5 1208.5 937.5 4.3 61.5 7413.3 56 Sage 749.0 –12.0 764.0 599.0 1.9 33.1 8095.8 nc = no change Data provided by Morningstar. Any enquiries please contact: 97 Direct Line Insurance 355.7 –9.8 411.3 333.8 4.1 15.3 4890.9 33 Legal & General 265.1 –7.7 276.0 229.9 5.4 10.3 15787.6 93 Sainsbury, J 232.2 –2.9 281.7 228.7 5.0 14.1 5084.4 [email protected]