Business Western Daily Press 19 September 2013

How the influence of the Bristol Pound is spreading west Page 4

Turbulence at the top of airline Flybe

BY GORDON RICHARDSON wdbusiness@b-nm.co.uk Three long-serving senior managers have left Flybe as new chief executive Saad Hammad continues to reshape the business.

Andrew Strong, managing director of Flybe UK, Mike Rutter, managing director of Flybe Outsourcing Solutions, and Mark Chown, director of corporate strategy, left their positions with the Exeterbased airline last week.

The three stepped down from the Flybe board at the

Saad Hammad has shaken things up at West airline Flybe

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k to g beginning of August, but had continued to report to Mr Hammad in their existing roles. Their departures follow a reorganisation of Flybe’s operational structure.

Since his arrival last month, Mr Hammad has been conducting a full review of Flybe’s operations. In a statement to the stock exchange, Flybe

said: “While the review is ongoing, it is already apparent that the future direction of the business will be best advanced through a unified and lower cost operational approach.

“Consequently, the current divisional structure, comprising Flybe UK and Flybe Outsourcing Solutions, will be disbanded and all operations integrated into a single operating unit.

“The board wishes Andrew, Mike and Mark well for the future and also thanks them for their significant contributions at Flybe.”

Mr Hammad added: “It has quickly become clear to me that Flybe’s prospects will be significantly enhanced by disbanding the existing divisional structure and integrating all operations into a single, simpler and lower-cost operating unit.”

Paul Simmons, who worked alongside Mr Hammad at easyJet, will join Flybe as chief commercial officer with effect from October 28.

As part of the newly announced shake-up, Matt Bennett, currently director of internal audit and risk, will, in addition to his current duties, act as director of special projects, while John Palmer, currently director of aircraft maintenance, will become interim director of operations.

The trio will report to Mr Hammad and act as members of the operating board.

Flybe is reported to be on track to slash its cost base by £40 million during this financial year, while annual savings are expected to rise to £49 million from 2014/15.

Builders claim recovery could be even quicker Housebuilder Redrow has criticised Britain’s planning system as a “bureaucratic mess” that risks causing a housing supply crunch.

Chairman Steve Morgan revealed the group had 16,600 plots locked in the planning system that could deliver around 120 new developments, but said only a “minority” were expected to progress in the next year.

His warning came as the builder posted a 63 per cent jump in pre-tax profits to £70 million.

But Mr Morgan cautioned over the industry’s ability to meet fast-increasing demand

Redrow’s Steve Morgan says red tape is still an issue

South Somerset’s Alice Temperley was one of the West fashion leaders putting the region’s cutting-edge couture companies front and centre during London Fashion Week SEE PAGE 3

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in the face of a “bureaucratic, costly and time-consuming” planning system.

“Although we do expect to increase outlets in the current year, the pace of growth is much slower than we would like and the level of planning bureaucracy is an unnecessary barrier.”

Meanwhile the property market is continuing to rebound in the West, according to a leading public relations agency that represents a number of property firms.

Empica public relations, which has its headquarters in Long Ashton, near Bristol, said its clients are as busy as they have been since 2009.

Empica managing director Martin Powell said: “The summer is usually a quiet period for new business but this year it has been noticeable that so many property projects are gearing up for the autumn and that has to be good news for the economy.”

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Family firm wins biggest deal yet at retirement village Page 3

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The hip hops keeping beers tasting fresh

BY RICHARD BACHE wdbusiness@b-nm.co.uk As Swindon’s oldest company and a brewer with a heritage going back 170 years it would be easy to imagine Arkell’s might be a relatively staid company.

But nothing could be further from the truth. The renaissance in regional and micro-brewing has ensured that even the most well-established names have to innovate and not rest on their laurels.

Arkells, which has an estate of 100 pubs in its home town of Swindon and across Wiltshire, the Cotswolds and further towards Reading, is certainly doing that and with it being its 170th year it is brewing five

1843

When John Arkell established his brewery in Stratton St Margaret special beers to mark its milestone anniversary.

As the 2013 hop harvest is well under way head brewer Alex Arkell has just visited one of his family firm’s key suppliers.

With so few ingredients in beer – malt, hops, brewers’ yeast and water – quality is absolutely paramount.

Herefordshire-based hop growers Mark and Lesley Andrews, of Townend Farm, Ledbury, are one of Arkell’s major suppliers.

Along with Andrew Whalley of hop merchants Charles Faram, Alex was keen to discuss this year’s hop harvest with the Andrews as he’s been using their Cascade hop, grown last year, in his latest brew which is part of a fivemonth brewing experiment by Arkell’s.

“It’s Arkell’s 170th anniversary this year so we are

producing five 4.2 per cent beers using the same malt recipe with English Maris Otter for each, but using five carefully selected hop varieties, one in each brew,” explained Alex.

Cascade is the fourth hop of five Alex has selected, the first three being Admiral, Pilot and Bramling. The final hop ale, being brewed in October, will use Challenger. Arkell’s is producing 30 barrels of each.

The Andrews have been growing hops at their farm since the 1930s and currently have around 50 acres of hops.

Across Britain, there is a total of 2,500 acres put down to hop growing, mainly in Herefordshire and Kent, although Arkell’s also buys from a hop farm near Abingdon.

The Cascade hop is particularly interesting to UK beer lovers because it’s only been brewed in the UK for around three years, having been developed and grown in the US since 1971 and widely used in their craft beers. The UK equivalent is a more subtle taste, according to Charles Faram hop merchant, Andrew Whalley. Charles Faram sells over 100 varieties of hop to around 1,800 customers.

Alex Arkell explained the importance of hops in beer: “Hops are the spice of beer.

Before brewers used hops they would add in a variation of different spices called gruit to compliment the malty sweetness of the brew. The introduction of hops from Holland in the 1300s was mainly due to the discovery of their preservative qualities.

“Whatever the hop description says, we never really know what the beer will taste like until it’s brewed.

“Our regular beers have a mixture of hop varieties in them, so by using one variety in each of these specials we hope to demonstrate the significance of their individual flavour.”

Focus switches to US cut in money printing YESTERDAY IN THE CITY The London market struggled for momentum as attention focused on a widely expected cut to a vast stimulus drive by the world’s biggest economy.

The US Federal Reserve is expected to announce plans to reduce its massive asset purchase progamme by around 10 billion US dollars (£6.3 billion) – marking the first shift in the direction of policy since it last raised interest rates in 2006.

A move to taper quantitative easing (QE) has largely been factored in across global markets, but the FTSE 100 Index dipped 11.4 points to 6558.8 on concerns over how tight the policy squeeze will be.

UK central bank policy was also in sharp focus following the release of the Bank of England’s September rates meeting, which revealed a growth forecast upgrade for the third quarter.

The minutes showed the bank now expects gross domestic product (GDP) to grow by 0.7 per cent in the third quarter, up from a 0.5 per cent estimate given in its August forecast.

Members of the Bank’s Monetary Policy Committee also voted unanimously to hold its

6558.8 Closing value of the FTSE 100 Index – down 11.4 points

Alex Arkell, head brewer at Swindon-based Arkell’s, and Andrew Whalley, of Charles Faram Hop Merchants, check out the Cascade hops growing in rural Herefordshire

That’s a swift one – empty building to become pub in a week After months of inactivity JD Wetherspoon is finally about to start work on its new pub in Wells.

And the pub chain says it can turn its empty shell on Priory Road in the Somerset city into a pub in just one week.

The pub giant won permission to convert the empty Wells Emporium building on Priory Road in April, but no work appears to have been done on the site over the summer.

Now Wetherspoon has said that it plans to start work transforming the site on Oc-

tober 14 – and it wants to open the doors to the latest pub a mere seven days later on October 21.

The pub, which will employ around 40 people, will be called the Quarter Jack and will cost around £1.4 million to get ready Wetherspoon spokesman Eddie Gershon said: “We are looking forward to opening the pub and believe that it will be a great asset.

“Wetherspoon has been keen to open a pub in Wells for many years and we are pleased that this is now coming to fruition.

The former bus depot in Wells is set to become a Wetherspoon pub, with the makeover anticipated to take less than a week

“Hopefully the new pub will also act as a catalyst for further investment into the city.”

The arrival of Wetherspoon in Wells is not without controversy.

In 2011 it was refused permission to open on the same site amid concerns it would damage the look of the approach to the historic city centre and affect people living nearby. A year later Mendip councillors had a change of heart and approved a new application, despite fears over the impact it might have on established pubs.

The pub chain reported

record profits last week.

However Tim Martin, its Exeter-based chairman, launched a fresh attack on the tax burden on the pub industry as his company reported a profit before tax and exceptional items of £76.9 million for the year ending July 28 – up 6.3 per cent on the year before. Total sales were up seven per cent to just over £1.28 billion.

Wetherspoon has 886 pubs across the country and is continuing to grow its estate, planning to open approximately 30 new venues in the next 12 months.

money-printing drive steady at £375 billion, as the recovery gathers pace.

Britain’s rosier economic outlook helped the pound move higher against most major currencies, hitting a new nine-month high at 1.60 dollars and 1.20 euros.

Among stocks, Barclays was the biggest faller in the top flight as new shareholders will no longer be entitled to take part in the bank’s forthcoming £5.8 billion rights issue.

Shares were 7 per cent lower, off 21.8p at 277.2p.

Lloyds Banking Group recovered from Tuesday’s falls in the wake of the Government’s move to sell a 6 per cent stake in the lender. The taxpayer-backed group saw shares rise 2 per cent or 1.6p to 76.3p, while fellow part-nationalised lender Royal Bank of Scotland was also ahead, up 3p to 365.5p following declines after a broker downgrade.

Airport scanners-to-medical devices firm Smiths was the second-biggest riser in the top flight after it announced a special dividend totalling £118 million after struggling to find suitable acquisition targets.

The group said its cash flows are “more than adequate” to meet its needs as it released a 30p per share windfall, on top of a 39.5p total dividend. With pre-tax profits for the year to July 31 holding firm at £498 million, the group’s shares surged by 3 per cent or 36p to 1412p.

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WESTERN DAILY PRESS THURSDAY SEPTEMBER 19 2013 WEST COUNTRY BUSINESS 3

Scissors sisters sew up fabric market A haberdashery store founded by two sisters has opened its third outlet, moving into Keynsham.

Millie Moon Haberdasher Boutique is a haberdashery and fabric shop, selling a range of fabrics, for dressmaking, patchwork, soft furnishings and craft projects. The first store was opened in May 2008 by sisters Rachel Le Page and Becki Noble, 38, in Frome, before they opened a second in Wells. Mrs Le Page, 41, said: “We always wanted to work together and set up our own business, and we have always loved to sew, so this seemed a perfect opportunity.”

Insurance firm is latest Bath sponsor

Cara Delevingne heads a cast of models parading Emma Hill’s last Mulberry show as creative director and, right, Devon model Lily Cole, who graced the catwalks at the swanky London venues

West steals the show at London Fashion Week The best of the West’s growing fashion industry was on show in London over the past week.

But London Fashion Week was slightly bittersweet for one of the key figures in its recent revival.

It was the final fashion week

for Mulberry creative director Emma Hill – who announced earlier this year that she was to leave the luxury handbag maker after six years.

Her final show for the Somerset company – which is based in Chilcompton and will shortly open a new factory in

Kitchen firm cooks up new online recipe

BY GAVIN THOMPSON wdbusiness@bepp.co.uk A Bristol appliance retailer has won its biggest-ever order – and has now revealed plans to go online for the first time.

Nailsea Electrical, based in Gloucester Road, secured a £1 million deal to fit kitchens in a housing development.

And the family-run firm expects its turnover to pass £5 million within the next two years.

The business, which has recently opened a kitchen showroom at its store in Gloucester Road, will supply kitchens for 185 “top-end” retirement apartments in the plush village of Sunninghill, near Ascot.

Ben Gilks, director of the successful small business said the work had just started, but he had not wanted to publicise it until they were in there with boots on the ground.

Ben Gilks, director of Nailsea Electrical, which has done its biggest deal and moved online

Bridgwater – was widely considered to be a triumph, with model-of-the-moment Cara Delevingne parading the fir m’s latest designs. It is believed that Mulberry – whose handbags already cost more than £500 on average – will seek to move into an even

The contract is with Wilmot Dixon and Andrew Wilson Homes on the £39.8 million Rise Lodge development, offering supported living in a community setting.

Mr Gilks also revealed that the firm’s turnover grew to £3.6 million last year and that he expects it to top £5 million in the next two years.

He added the firm was making a profit but would not be drawn further on numbers.

Part of the plan to grow further is to finally add an online offering to customers.

“We are going online. I have always said I wouldn’t become an internet player but it’s a huge gap in Nailsea Electrical,” he said.

The 28-year-old had been reluctant to do business online for fear it would detract from the firm’s core customer service values.

But he is now convinced he can square the circle by only delivering to the South West, and therefore still use their own delivery drivers rather than running the risk of using third-party couriers.

“Some people want to come in and have a look, and then log on and order from home rather than come back in to the showroom,” he said.

Mr Gilks took over the running of the business from his father 10 years ago. In addition to appliances and kitchens, it also houses the 102 Cookery School, offering private functions and corporate classes.

more rarefied field of luxury in the next few years. Other West figures to show included Alice Temperley – daughter of renowned cider-brandy pioneer Julian. The South Somerset designer’s Temperley London brand attracted a glut of celebrities to its show.

Tourism body seeks to sell city and region

THREE KEY INGREDIENTS

When Ben Gilks joined the family business at the age of just 18, he thought he knew it all.

The next few years taught him how wrong he was and cost him his hair – but thankfully not the business. But now appliance supplier Nailsea Electrical is a thriving shop with a growing brand in Bristol. Ben, 28, says: The core of the business is selling electrical appliances to local customers. It’s a tough market, and the rise of internet firms has cut profit margins on white goods from over 30 per cent to as little as eight per cent.

‘On a £600 washing machine, we might be making £50.

People think you are making £250 but that’s just not the case,’ explains Ben. ‘We have to sell a lot of washing machines.’

And that’s partly why the business has taken new directions in recent years. First came the cookery school, called 102 Cookery School after the address of the building. As well as social groups and parties of up to 12 people, the Samsung sponsored kitchen is being used more and more for corporate events. And now there is a third strand to the business, with a new kitchen showroom run by Jon Gradwell. Fitted kitchens offer a much healthier profit margin.

Bath Rugby has announced it has another sponsor on board – Jelf, the independent insurance consultancy. It has become the club’s official insurance partner. Jelf has 34 offices in 32 locations across England and Wales, with its head office in Chipping Sodbury and an office in Bath. Nigel Richardson, sales director at Jelf, said: “Everyone at Jelf is delighted to be entering into this partnership with Bath Rugby – a prestigious and professional club which shares Jelf ’s strong community values. We look forward to an exciting and successful season.”

Bristol and the West Country’s tourism industry will be promoted at some of the travel sector’s biggest events. Destination Bristol is at the annual Group Leisure Show at Birmingham NEC yesterday and today.

Meanwhile, at Square Meal Venues and Events in Old Billingsgate, London – on the same two days – Destination Bristol is showcasing the city’s many unique event spaces and raise the profile of Bristol as a first-class conference and meeting venue among organisations and businesses that are looking to arrange boutique, sky’s-the-limit conferences.

Servicing needs of the business nomads

Fast-growing Nailsea Electricals helped bring more customers to its Gloucester Road, Bristol, base this summer by taking part in the incredibly successful Gromit Unleashed trail

A new ‘office’ for nomadic workers has opened in Wiltshire. Regus, the global workspace provider, has announced a partnership with Moto Hospitality Ltd, the UK’s largest motorway service area operator, to offer workspace and business support for motorists and mobile workers. The first Moto site to launch a Regus Express business centre is Leigh Delamere on the M4 Westbound between Swindon and Bristol, which opened last week. It features a large business lounge, wifi and meeting rooms.

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Firm plans £500,000 Somerset oil depot

Travelodge rooms to get a new make-over

A company that has been keeping homes warm in Cornwall for more than a century is expanding its operations into Somerset.

Scorrier-based Mitchell and Webber has £500,000 investment plans for a heating oil depot near Tiverton, in a move which will see it extend its reach as far as Taunton. The move will be the most significant investment for the company, since it established a Devon base with a £350,000 Holsworthy depot in 2011.

Budget hotel chain Travelodge has invested £250,000 in upgrades to its Yeovil Podimore accommodation. The 49-room hotel remained open for business throughout a fourweek refurbishment programme, which includes a new room design. The work is part of a £223 million company-wide brand investment this year, which includes 14 new hotel openings and £57 million in refurbishments, with half of rooms complete by 2014.

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Bristol businessman heading to Chinese tourism showcase A Bristol businessman is to represent the city in China at the first global conference aimed at showcasing Cantonese culture and tourism. Kam Wong, honorary chairman and co-founder of the Bristol China Partnership, will attend the Cantonese Reunion and Dream Fulfilment event in Bristol’s twin city, Guangzhou on November 12 PEOPLE IN THE NEWS, REGISTER PAGE 31

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Discount fashion store opening Yeovil shop

We all waste hours in hunt for documents

Shoppers in Yeovil are set to welcome a new fashion outlet to the town, when TK Maxx opens its doors on Thursday, September 26. More than 40 jobs are expected to be created at the store, to be opened at the Peel Centre, off Babylon Hill. The chain has taken over the site previously occupied by JJB Sports before its closure in September 2012. The first 500 customers through the doors of the new outlet, to be officially opened at 9am, will receive a £10 gift card.

New research has revealed the average employee in the South West wastes 1.58 hours a week looking for misplaced documents. The value of this on an annual basis is around £2.32 billion (£44.65 million a week). The corresponding figures for the UK are 1.5 hours (37.6 million in total) and £29 billion (£557 million a week) – around 1.8 per cent of the country’s GDP. The EDM Group, which carried out the research, claims it is a growing issue as we deal with growing levels of data.

Exeter may be the next city to follow Bristol’s lead by creating its own currency as a method of maintaining internal investment

Exeter may be next city to have its own currency A proposed alternative currency launch – the Exeter Pound – will be up for public discussion next week.

The director of the Bristol Pound project, Chris Sunderland, will pay a visit to the Devon city to explain more about how the system could be a boost for business and keep spending local.

Members of Exeter City Council and around 15 small

proached over the alternative currency scheme by city councillor Rosie Denham and council leader Peter Edwards, who have visited Bristol to see the currency in circulation.

Ms Denham said: “I think it is something that everyone is quite excited about. There would be a lot of detail involved – it took Bristol three years of very hard work to get where they are today, al-

though we can learn from what they have done.”

A number of alternative currencies now exist around the country.

According to research by the New Economics Foundation, every £1 spent in an independent business generates £1.76 within the local economy, whereas £1 spent in the average supermarket makes only 36p.

Coalition ‘has yet to deliver’ as red-tape costs keep rising

Blair’s right-hand man heads to city for annual CBI dinner Alastair Campbell, former press spokesman for Tony Blair, will be guest speaker at this year’s CBI South West annual dinner. More than 400 guests have so far signed up for the event at Brunel’s Old Station at Temple Meads.

Andrew Jenkins, regional director for the CBI South West, said: ‘He is guaranteed to capture guests with a compelling speech.’

BY LIZ PARKS wdnews@b-nm.co.uk

STRANGE BUT TRUE, REGISTER PAGE 31

businesses attended an initial meeting held with Mr Sunderland on September 10, to learn more about the possibilities of a local currency.

The latest meeting is being facilitated by Transition Exeter, the voluntary group which helped to establish the city’s thriving communityowned Real Food Store in 2011.

The organisation was ap-

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Fast deal saves family abattoir from closure

Building management firm heads to Bristol

Ensors abattoir has been rescued from administration after a takeover deal. The business, in Cinderford’s Forest Vale Industrial Estate, is now owned by Foyle Food Group Ltd, based in Northern Ireland, after a swift deal was made over the past few days. Its 136 staff have been told their jobs are safe and the sale of the 80year-old family firm has been hailed by the MD Steve Leyman, who described the new owners as “progressive”.

Aztec West in Bristol remains a favourite destination for companies looking for a move nearer the city’s motorway hub.

James Preece of Colliers International has let the first floor of 190 Aztec West to Shepherd Engineering Services (SES) for five years.

SES is one of the leading independent building engineering services companies in the UK and specialises in management of building services.

New figures have shown that small businesses in the South West are shelling out £642 million in order to comply with red tape around health-andsafety, tax and employment.

The Forum of Private Business (FPB) says that increasing numbers of small firms are paying experts to ensure they comply with red tape because regulations are so complex and time consuming.

It says that, on average, each firm in the South West hands over around £5,570 every year to companies offering legal guidance, including advice on employment law, health-andsafety and tax. This has increased by approximately 14 per cent from £4,900 in 2011.

The FPB says that West Country SMEs pay more than

£373 million to tax consultants, almost £131 million per year for health-and-safety advice and £70 million for employment law consultancy services.

The main costs are employment law, at around £3,740 per employer, health-and-safety at £2,950 and tax compliance at £4,830 per employer.

“Small businesses in the South West continue to struggle to control costs – particularly in the current economic climate – and remain frustrated by the amount of red tape they have to negotiate every day,” said the forum’s chief executive Phil Orford.

“With just under a month to go before October’s common commencement date, there is no hiding from the fact that, despite Government promises to reduce the time and money spent on red tape, compliance

costs continue to hinder job creation and growth.

“Unlike large companies, small firms simply do not have internal departmental resources dedicated to complying with regulations, so it is either the business owner

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Met Office forecasters landed nearly £1 million in bonuses for getting forecasts right – www.westerndailypress.co.uk or a key senior manager who is forced to devote a large amount of time to this task – an average of almost 35.5 hours each month – or pay for an external consultant, which can be extremely expensive.”

David Shephard, Devon regional chairman of the Fed-

eration of Small Businesses, described current levels of red tape as an “absolute minefield.”

“Consultancy costs are escalating all the time. The main things affecting small businesses are health-and-safety and employment legislation,” he said.

“Successive governments sometimes make laws that are tilted towards employees. The coalition has put the emphasis more towards the employer and the next government will probably reverse that. You get these constant changes which businesses have to deal with because no government plans for more than five years and that is a big problem.

“There is an enormous amount of employment legislation and businesses don’t have the time to go through all of it.”

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Split in bank over the road to recovery

BY JOHN-PAUL FORD ROJAS wdnews@b-nm.co.uk The Bank of England has upgraded its forecast for the economy but policymakers are split over whether billions more pounds are still needed to support the burgeoning recovery.

Members of the bank’s Monetary Policy Committee (MPC) voted unanimously to keep the £375 billion quantitative easing programme at the same level for the time being while also leaving interest rates unchanged at 0.5 per cent, minutes of the September meeting showed.

But disagreement over the strength of the recovery – amid a slew of positive signs

Governor of the Bank of England Mark Carney

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High-street sales help keep a lid on inflation, which eased to 2.7 per cent in August – www.westerndailypress.co.uk from across the economy – hinted at future schisms over the path they will take.

The minutes of the meeting earlier this month revealed the bank’s experts now expect gross domestic product (GDP) to grow by 0.7 per cent in the third quarter, up from a 0.5 per cent estimate given last month.

But MPC members had varying opinions on how quickly the economy might return to full capacity and therefore whether it might need more QE support.

The minutes did not reveal

whether governor Mark Carney – seen as an activist on monetary policy – was among the camp arguing in favour of an additional tranche of asset purchases in future.

“Members had different views about the extent to which a further loosening of monetary stance might be warranted, based in part on their judgements about the speed with which the degree of slack in the economy might be reduced if the momentum in demand continued to grow,” the minutes said.

None of the committee members were in favour of cutting back on QE “at the current juncture”, they also revealed.

The meeting was the first since Mr Carney announced the flagship “forward guidance” policy which will see interest rates remain at no more than 0.5 per cent, subject to inflation, until the unemployment rate drops to 7 per cent.

But it revealed apparent frustration by policymakers over the reaction of financial markets to the guidance and the perception that it should be communicated better.

Instead of being reassured that the bank rate would be kept down until at least 2016, the City has brought forward its expectation of a rise by the middle of 2015 – pushing up market interest rates and blunting the impact of the guidance.

The MPC acknowledged that this may have been because caveats or “knockouts” to the policy designed to guard against runaway inflation were more stringent, and the unemployment rate threshold higher, than expected.

But the minutes said: “The committee agreed the need to emphasise in its public communication that the 7 per centthreshold for the unemployment rate was not a ‘trigger’ that was mechanically linked to subsequent movements.”

Developer to include shops and houses The developer behind regeneration proposals for the former Welton Bibby and Baron factory site in Midsomer Norton, Somerset, has stressed that it will include a supermarket and housing.

The firm with an option of transforming the 12-acre site following the relocation of the paper bag manufacturer to Westbury says any plans must be commercially viable.

Adam Pratt from Bristolbased Terrace Hill said the developer had been listening with interest to views being put forward by local representatives but said a supermarket and housing would have to be included in any scheme.

Local councillor Barry Macrae has suggested that the site could be used for a specialist sports training centre, hotel and sheltered housing.

Mr Pratt said: “We are not a housebuilder and will be pursuing a mix of uses for the site.

Welton Bibby and Baron’s former plant at Midsomer Norton

Hanson’s Whatley quarry, near Frome, Somerset, is opening its doors to university academics and students for its biennial biodiversity research competition. The second Quarry Life Award, launched this week by Hanson’s parent company HeidelbergCement Group, offers the chance to win up to £35,000 by finding new ideas for the conservation and promotion of species diversity in quarries

However, the numbers need to stack up and a food store and some houses will form part of our redevelopment proposals in order to help fund a range of community benefits for Midsomer Norton.

“These include significant improvements to Stone’s Cross, the gateway to the town centre, and improved pedestrian links to the high street.

“We welcome Mr Macrae’s willingness to engage with us in bringing forward suggestions for the site, and we will continue to work with him and the local community to explore opportunities.

“However, we can only pursue a proposal that is commercially viable.”

The firm said all the buildings on the site will need to be removed Malcolm Ross, managing director of Welton Bibby & Baron, added: “A food store and some housing will anchor the redevelopment financially.”

Town centre redevelopment gets a boost from chain restaurant High street restaurant chain Coal Grill & Bar is the latest operator to sign a lease for one of the remaining units at the new £50 million Regent Circus scheme in Swindon.

Coal Grill & Bar joins other restaurants including Nando’s, Prezzo and Ask in confirming they will be opening when the development is completed next year.

It already has restaurants in Basingstoke, Bristol, Exeter, Sheffield and Wimbledon, and has recently opened in Milton Keynes.

The retail and leisure destination will also include a

Cineworld six-screen all digital multiplex cinema and a Morrisons superstore, and a 450-space car park.

Andrew Fisher, managing director of Bristol-based Ashfield Land, said: “Coal Grill & Bar is another very welcome addition to the excellent range of restaurants attracted to the opportunities offered by the Regent Circus.

“More and more pieces of the jigsaw are falling into place. We will soon see the fruits of our labour with the complete transformation of this part of Swindon town centre.”

Coal Grill & Bar is the latest operator to sign a lease for one of the remaining units at the new £50 million Regent Circus scheme in Swindon

He added: “We are in advanced negotiations with other interested parties for the two remaining units and kiosk and we hope to be able to make further announcements regarding these in the near future.”

John Gater, managing director of Coal Grill & Bar, said: “We’re very excited to have secured a site in Regent Circus.

“The Coal concept works well in quality cinema and shopping related environments and we are confident that Regent Circus has the right ingredients and local

demographics to make the restaurant a success.”

Ashfield Land acquired the freehold in 2006 which facilitated Swindon College’s relocation to a new £17 million campus.

Ashfield Land will fund the development with a mixture of debt and equity.

The £50 million Regent Circus scheme is the largest commercial development in Swindon over the past few years.

The units will be handed over for fit out in spring 2014 and Regent Circus will open in late summer 2014.

6 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 19 2013 WESTERN DAILY PRESS

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Source: Figures based on average responses, Publisher’s response report survey. Feb 2011.

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calling all great salespeople OuTBOunD SaLES ExECuTIVE £17.5-£21K DOE. OTE Of £35K PER annuM

Local World is a Bristol-based, multimedia business that publishes some of Britain’s best local newspapers including; METRO, The Post, Western Daily Press, and the Bath Chronicle to name but a few. We are responsible for a large network of local websites for these brands and websites for these brands which are powered by Jobsite.

We are looking for extremely self-motivated individuals, who love to sell and love to beat their targets. Working as part of a team of ten outbound business development consultants, your aim will be to secure new clients, by matching their needs to our portfolio of market-leading brands. With response data and online statistics, you really do have a market- leading proposition to sell.

Previous experience in a sales role is essential. You’ll be used to generating your own leads and will be ruthlessly organised. You’ll be adept at building long-term relationships with key decision makers.

We offer a range of attractive benefits including: 5 Weeks (pro-rata) holiday • Company pension available (after qualifying period) • Genuine career opportunities • Competitive bonus scheme • 3 Week Induction training & on-going development To apply, email your CV with covering letter to claire.gradwell@localworld.co.uk. Closing date is Thursday 26th September and a selection event will take place in Bristol on Thursday 3rd October 2013.

Somerset College

College Governors Somerset College is a highly successful provider of further and higher education. With success rates for students in the top 15% in the country and outstanding financial health it is our ambition to deliver the highest standards of technical and vocational education and training to meet employers’ needs.

We are seeking committed individuals who share our vision for high standards in technical education and skills to become Board members. We especially wish to recruit individuals who have roots in our community and who value the work that we do for young people and adults.

If you are interested in this opportunity please contact Human Resources for an information pack on 01823 366457 or email recruitment@somerset.ac.uk For an informal discussion you may contact Bettina Walker, Clerk to the Corporation on 01984 656757.

Closing date for applications: Friday 4 October 2013 Any person offered a position will be required to complete a DBS and barred list check. Somerset College is committed to safeguarding and promoting the welfare of children and young people and expects all staff and volunteers to share this commitment.

3 Dimensions Care Limited Residential Care Workers Full /Part time & Bank workers to work with young people with social emotional difficulties and very challenging behaviours. Requirements: Positive role models with good parenting skills, physically active and able to do sporting activities. Full Driving Licence. Salary from £17280 to £20,000 pa. depending on experience. Part time/Bank staff pro rata. Full Training given, Enthusiasm and willingness to learn essential.

Application call 01460 68055

To fill your vacancy call 0844 406 0268

Somerset College is committed to promoting Equality & Diversity. We respect the dignity and worth of each individual.

www.somerset.ac.uk

It works

WDP-E01-S3

WESTERN DAILY PRESS THURSDAY SEPTEMBER 19 2013 WEST COUNTRY BUSINESS 7

Join the Bristol News and Media Team Sometimes, in business, actions speak louder than words...

Customer Retention Advisor We are seeking a customer retention advisor to join our busy digital products customer service department based at our offices in Temple Way, Bristol.

You will be the first point of call for all customer calls, handling client enquires, complaints, cancellations and those seeking general guidance. You must be able to empathise with the customer, get to the root of the enquiry and provide a solution that ensures we retain the customer.

The successful candidate will demonstrate a high level of customer service skills, be able to turn negative situations into positive outcomes and have a clear, personable telephone manner.

The successful candidate should have: Strong communication and interpersonal skills Experience of dealing with customers in a sensitive and empathetic manner Be comfortable handling complaints and negative queries in a calm and empathetic manner Have strong organisation skills and be methodical in your work Strong IT and digital skills

Scan here for a fantastic sales opportunity across Bath & Bristol

25 days annual leave / Company pension available* Immediate start *after qualifying period To apply: For a copy of the job description and application form please email steve.lowe@localworld.co.uk Closing date for applications, 1st October 2013 Bristol News & Media seeks to employ a workforce which reflects the diverse community at large, because we value the individual contribution of people irrespective of sex, age, marital status, disability, sexual orientation, gender reassignment, race, colour, religion, ethnic or national origin.

Chair person - Social Enterprise Mark

The Royal High School, Bath

Director of Music Full Time from January or April 2014 The Royal High School is an academically selective independent day and boarding school for girls aged 3-18. Staff take part in the wide range of activities on offer and contribute fully to the life of the School.

Required for January or April 2014, an outstanding Director of Music to lead a very high-achieving and ambitious department, to set the strategic direction of the musical life and facilities of The Royal High School and to be an inspiring teacher to students in Years 7 – 13.

Develop your career in a creative and innovative environment with a generous salary and benefits package. Be part of the national network of GDST schools dedicated to leadership in girls’ education.

Do you have time to devote to supporting an innovative and ambitious business?

We have already made a significant impact in the social enterprise world and we are now looking for a dynamic individual with extensive commercial and leadership experience. See

7 in 10 job seekers would

www.socialenterprisemark.org.uk/jobs

consider applying

for a job if

they came across one in the local

To fill your vacancy call 0844 406 0268

media

Construction Vacancies

For further information and an application form please contact the School Office as below.

Closing Date: 3.30pm Wednesday 9 October 2013.

Interviews will be held on 16 and 17 October 2013.

A: Lansdown Road, Bath BA1 5SZ T: 01225 313877 W: www.royalhighbath.gdst.net E: royalhigh@bat.gdst.net We are committed to the safeguarding of children and child protection screening will apply to this post.

For vacancies across the GDST visit www.gdst.net The Girls’ Day School Trust Registered Charity No. 306983

7 in 10 job seekers would consider applying for a job if they came across one in the local media.

Kenny Group Groundwork Site Gangers required You must be able to demonstrate a proven record of work on large housing developments. Will have leadership experience. An in depth knowledge of foundations, ring beams and all aspects of drainage / road infrastructure. Must have CSCS card. As a client facing role candidates will be expected to form good working relationship with our Client`s management and our operatives.

Source: The Wanted Ads - Jobs - 2009

It works Source: The Wanted Ads - Jobs - 2009

Sales Administrator - Permanent, Brislington. Duties include response to customer enquiries, advising on product suitability, order input, taking payments and booking despatches, marketing campaigns. Hours are 8am to 4.30pm Mon to Fri. No experience is necessary as full training will be given. A European Foreign Language in addition to a good standard of English is required.

Salary starting from £13,500 plus bonuses.

Please email applications and CV to jobs@vitcas.com.

Applications ONLY by email.

It works

Experienced 360º Excavator Drivers Must have previous experience in new housing and hold relevant tickets where applicable.Good rates of pay for suitable applicants.

Bristol and surrounding areas Replies to mailbox@kennygroup.co.uk NO AGENCIES www.kennygroup.co.uk Tel 0117 963 6141 office hours only 9am till 5pm

It works

8 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 19 2013 WESTERN DAILY PRESS

Shares

WDP-E01-S3

FTSE 100 Index

TOURIST POUND ABROAD EURO DOLLAR AUSTRALIA BRAZIL CANADA CHINA

West stocks highlighted

1.14 euro 1.52 dollars 1.61 dollars 3.21 reals 1.56 dollars 8.71 yuan

6600

HONG KONG 11.71 HK dollars INDIA 88.60 rupees JAPAN 150.27 yen SOUTH AFRICA 14.63 rand SWITZERLAND 1.40 francs TURKEY 3.01 lira

WEDNESDAY

6585 6570 6555 Close - Down 11.35 at 6558.82

6540

8

10

9

11

12

Major movers

Price

+/-

AEROSPACE & DEFENCE Avon Rubber 523 +2 BAE 444 +1 Chemring Group 310 -21/4 Cobham 2873/4 +3/4 Meggitt 5511/2 +2 QinetiQ 189 -1/4 Rolls-Royce 1096 +7 Senior 2731/4 +25/8 Ultra Electronics 1891 -9

Year High

524 4553/8 3531/4 3073/4 564 2111/8 1240 2883/8 1981

Year Low

2971/2 3003/4 217 1901/8 3661/4 1713/4 8381/2 1857/8 1505

AUTOMOBILES & PARTS GKN 3487/8 -53/8 3585/8 201 Torotrak 271/2 -1/2 363/4 231/2 BANKS Barclays Bk of Ireland HSBC Lloyds Banking Gp Royal Bank of Scotland Standard Chartered BEVERAGES Barr (AG) Britvic Diageo SABMiller CHEMICALS Carclo Croda Intl Elementis Johnson Matthey Porvair Synthomer Treatt Victrex Zotefoams

2771/4 181/4 6951/2 761/4 3651/2 1514

-213/4 3337/8 2135/8 +3/8 193/4 73/4 +25/8 7697/8 5731/4 +15/8 78 37 +3 3673/4 2551/8 1 1 +20 /2 1837 /2 1380

536 -2 5881/2 4321/4 5801/2 -111/2 592 3491/8 20201/2 -41/2 21361/2 1720 3190 +31/2 3657 2599

420 -1/2 501 3423/4 2678 +17 2841 2164 2551/8 -21/4 275 2041/4 2894 +4 2985 2190 2461/4 +21/4 2981/2 133 240 +4 2491/4 146 630 6321/2 3201/2 1642 -3 1765 1322 225 1861/2 1961/2

CONSTRUCTION & MATERIALS Alumasc 1361/2 +1/2 1361/2 Balfour Beatty 2703/4 -53/4 3203/4 Boot (Henry) 1901/2 -11/4 201 Boustead 181/2 181/2 Clarke (T) 645/8 +17/8 645/8 Costain 2691/4 -21/4 306 CRH 1482 +6 1540 Galliford Try 1065 +17 1070 Gleeson (MJ) 310 -5 350 Keller Group 1062 -37 1161 Kier Group 1659 -24 1683 Kingspan Group 10201/8 +467/8 10213/4 Low & Bonar 781/2 80 Marshalls 1781/2 -11/4 1833/4 Morgan Sindall Gp 715 +14 715 1471/2 North Midland Const 1171/2 -2 34 Pochins 291/2 Titon 45 45 ELECTRICITY Drax Gp SSE

687 1556

771/2 2075/8 1231/2 181/2 40 2261/4 1090 678 124 5301/2 1106 6047/8 50 85 508 95 20 22

+3 7171/2 1676

507 1364

ELECTRONIC & ELECTRICAL EQ Dialight 1160 -5 1399 Domino Printing Sci 640 -10 717 Eurodis Electron 1 1 Halma 566 +5 578 5 3 1 Laird 233 /8 - /4 249 /4 Morgan Advanced 3077/8 -27/8 318 Oxford Instruments 1325 +6 1752 Renishaw 1880 +9 2081 13/8 Ross Group 11/4 Spectris 2234 +20 2470 TT Electronics 200 +3 200 Volex 1171/4 +3/4 1811/2 Xaar 794 +2 898 XP Power 1325 -50 1400

9991/2 522 1 4103/8 1 171 /8 2201/4 1209 1494 1 /2 1549 114 84 2421/2 876

EQUITY INV INSTRUMENTS Aberforth Smaller Cos 966 -8 Alliance Trust 4321/2 -21/2 Bankers IT 5691/2 -31/2 BlackRock Wld Mining 4933/8 -35/8 British Assets Trust 1351/4 -1/4 British Emp Secs&Gen 485 +17/8 Caledonia Investment 1790 -5 City of London IT 3663/8 -15/8 1 1 Dexion Absolute 150 /2 + /2 Edinburgh Inv Tst 6071/2 -1/2 Electra Private Equity 2270 +10 Fidelity Euro Value 1472 -8 Foreign&Colonial 3667/8 +1/4 JP Morgan Japan IT 2391/4 +21/4 JPM Euro IT Gwth 2083/4 +1/4 Mercantile IT 1427 +1 Merchants Trust 4953/8 -23/4 Middlefield Canadian 1001/4 Monks Inv Tst 383 -11/2 Murray Income Tst 778 -2 Murray International Tst 1126 -3 1 North American Inc 859 +8 /2 7 Perpetual Inc&Grwth 355 /8 RIT Cap Partners 1278 -4 Scottish Inv Tst 586 -11/2 Scottish Mortgage 9181/2 +61/2 SVG Capital 393 -1/4 Temple Bar IT 1190

652 3633/4 4203/8 4241/2 1163/8 4323/4 1453 3033/4 137 4861/2 1720 1162 3041/4 1511/2 160 1020 3611/2 991/2 300 6561/2 9821/2 6671/2 2751/2 1108 464 6671/2 2577/8 956

995 4641/4 5821/2 6221/2 1401/4 522 1935 3741/2 1515/8 621 2398 1515 383 246 2091/2 1436 507 115 3861/2 820 1245 9151/2 364 1285 606 9211/2 416 1232

Price

Templeton Emerging Mkts Witan Inv Tst

+/- Year High

557 +3 629 -11/2

678 644

Year Low

514 474

FIXED LINE TELECOMS BT Group 3423/4 -15/8 3487/8 2121/2 Cable & Wire Comm 40 -1/8 461/4 341/4 Colt Group 119 -1/2 1351/2 931/2 1 KCOM 90 /2 +3/4 91 681/4 Talktalk Telecom 251 -1/2 276 1775/8 Telecom Plus 1354 +11 1399 821 FOOD & DRUG RETAILERS Greggs 4337/8 -41/2 Morrison (Wm) 2911/2 -33/8 Sainsbury (J) 3891/2 -43/8 Tesco 3781/4 +67/8 Thorntons 951/2 +1/2

5231/2 3021/2 4003/4 3873/4 1001/2

3921/8 2485/8 3217/8 3077/8 285/8

FOOD PRODUCERS Anglo-East Plantations 642 +12 798 621 Assoc Brit Foods 1822 -1 2031 1287 Carr's Milling 1575 +15 1580 909 Cranswick 1152 1189 7321/2 Dairy Crest Group 4813/4 -21/4 5281/2 3327/8 Devro 3371/4 +3/4 380 2897/8 Glanbia 8201/4 +3 9237/8 5643/8 Greencore 1451/2 -1 154 791/2 Kerry Group A 37507/8 +41/8 40171/2 3148 Premier Foods 1591/4 +13/4 1661/2 593/4 REA Hldgs 380 -5 524 3591/4 Tate & Lyle 7771/2 -9 883 6491/2 Unilever 2505 -8 2885 2252 FORESTRY & PAPER Mondi 1090

-11

1102

611

GENERAL FINANCIAL 3i Group 363 Aberdeen Asset Mgt 3671/4 Brewin Dolphin 280 Close Bros Group 1129 F&C Asset Mngmt 983/8 Guinness Peat 29 Hargreaves Lansdown 1012 7 Henderson Group 188 /8 ICAP 4091/4 IG Group 5881/2 Intermediate Capital 4493/4 Investec 4171/4 IP Group 138 London Stock Exchange 1603 Man Group 893/8 Paragon 3263/4 Provident Finl 1694 Rathbone Brothers 1585 Schroders 2518 Schroders NV 2054 Tullett Prebon 371 World Trade Systems 41/2

-41/4 3871/2 2053/4 -131/4 4921/8 305 +13/4 283 1677/8 +7 1130 830 -1/8 1103/8 90 331/2 231/2 1 -6 1040 624 /2 +21/4 1887/8 1071/4 1 -3 /4 4221/4 2803/4 -16 6131/2 4163/4 -43/8 5011/2 2871/4 -81/2 5131/2 3583/8 +1 1585/8 1051/8 -13 1652 930 -3/8 1343/8 713/4 -75/8 3545/8 2033/4 -21 1773 1287 -1 1691 1208 -1 2560 1518 -3 2057 1176 7 + /8 3957/8 219 41/2 41/2

GENERAL INDUSTRIALS British Polythene 605 REXAM 4951/2 RPC 4711/2 Smith (DS) 2855/8 Smiths Group 1412

-41/2 610 3721/2 -15/8 5471/2 4305/8 -3/4 4773/4 378 -13/4 2873/8 1831/4 +36 1412 1018

GENERAL RETAILERS Alexon 27/8 Ashley (L) 28 Beale 111/2 Brown (N) 5291/2 Caffyns 430 Carpetright 696 Carphone Whse 232 Darty 693/4 Debenhams 103 Dignity 1456 Dixons Retail 465/8 Dunelm Group 9681/2 Euro Home Retail 21 Findel 237 Flying Brands Units 25/8 French Connection 30 Halfords 3945/8 Home Retail 1683/4 Howden Joinery Gp 2887/8 HR Owen 1671/2 Inchcape 607 JD Sports Fashion 1014 Kingfisher 4003/8 Lookers 1271/2 Mallett 80 Marks & Spencer 504 Moss Bros Group 723/4 Mothercare 408 Next 5140 Pendragon 35 Signet Jewelers 4381 Ted Baker 1890 Topps Tiles 823/4 WH Smith 8361/2

27/8 +1/8 291/2 231/4 -9 577 450 +5 7011/2 251 -31/2 881/4 -2 1233/4 +1 16871/8 -5/8 471/4 -211/2 1047 21 -93/4 2533/4 71/8 -3/4 34 +1/2 406 1751/8 +3/4 2961/4 1671/2 -91/2 645 -11 1025 -17/8 420 1281/2 841/2 -5 5131/2 +13/4 747/8 -7 4923/4 -15 5205 351/4 +43 4934 -20 2017 +11/8 893/4 +31/2 8531/2

27/8 25 91/2 2663/8 365 585 162 39 783/4 5 971 /8 183/4 613 21 108 25/8 223/4 2591/4 891/8 1453/4 61 3531/4 670 2621/4 69 611/2 3563/4 46 2051/4 3444 131/2 2990 899 46 6061/2

HEALTH CARE EQPMNT & SERV Bioquell 151 160 130 Consort Medical 847 -16 863 6601/2 Smith & Nephew 7761/2 -11/2 800 638 Southern Cross 61/4 61/4 61/4 Healthcare

Price

Synergy Healthcare United Drug

1107 336

+/- Year High

Year Low

-7 1165 9041/2 +7 3605/8 217

HOUSEHOLD GOODS Aga Rangemaster 1243/4 +3/4 126 541/4 Barratt Developments 3251/2 -4 3551/4 168 Bellway 1333 -40 1502 913 Berkeley Grp Hldgs 2054 -78 2340 1387 Bovis Homes 745 -11 8511/2 487 Gaskell 21/4 21/4 21/4 Headlam Group 395 -11/2 415 295 1 1 McBride 123 /4 + /4 1463/4 101 Persimmon 1112 -34 1305 7341/2 Reckitt Benckiser 4532 -18 4950 3565 Redrow 2361/2 +53/4 2551/8 1527/8 Taylor Wimpey 1011/4 -21/8 1133/4 541/4 Victoria 2321/2 275 1871/2 INDUSTRIAL ENGINEERING Assoc Brit Engineering 145 +5 Bodycote 6671/2 -11/2 Castings 440 Fenner 3997/8 -51/8 Goodwin 3435 -171/2 Hill & Smith 459 +51/4 IMI 1451 -14 Melrose Ind 3023/4 -1 Molins 1711/2 -31/2 MS Intl 205 -11/2 Renold 381/2 Rotork 2793 -13 Severfield-Rowen 65 Spirax-Sarco 3000 +3 Tex Hldgs 69 Trifast 681/2 Vitec Group 680 +13 Weir Group 2361 -1 INDUSTRIAL METALS First Quantum Minerals 1144

-16

145 115 685 3451/8 450 291 4351/4 3057/8 3475 1425 480 364 1513 900 3123/4 2067/8 178 119 2621/2 1811/2 383/4 163/4 3037 2229 1473/4 371/4 3090 20031/4 781/2 521/2 703/4 401/2 740 559 2474 1688 1492 8721/2

INDUSTRIAL TRANSPORTATION BBA Aviation 320 -3/4 326 1953/4 Braemar Shipping 485 +15 485 350 Clarkson 2149 +16 2149 1150 Fisher (J) 1123 +10 1148 7393/4 Irish Continental Units 20985/8 -287/8 21821/4 14631/4 Ocean Wilsons 9571/2 11571/2 8971/2 Stobart Gp Ord 123 +3 124 741/2 UK Mail Gp 550 +3 645 2421/2 Wincanton 102 +3/4 105 433/4 LEISURE GOODS Games Workshop 765 -71/2 7941/2 601 Hornby 801/2 881/2 551/4 Photo-Me 1103/4 +73/4 1103/4 463/4 LIFE INSURANCE Aviva Hansard Global Legal & General Old Mutual Prudential Resolution St James Place Standard Life

414 /8 - /2 419 /4 115 -2 136 1993/8 -11/4 2017/8 1911/4 -3/4 2215/8 1172 -1 1232 3241/8 +1/4 336 1 623 -1 /2 6411/2 3433/4 -1/4 4213/4

MEDIA 4imprint Bloomsbury Pub BSkyB Centaur Media Chime Comms City of London Group Creston Daily Mail & Gen Tst Daily Mail A Euromoney Instl Inv Future Haynes Publishing HIBU Huntsworth Indep News&Media Informa ITE Group ITV Johnston Press Moneysupermarket.com Pearson Quarto Group Reed Elsevier Rightmove STV Group Tarsus Group Trinity Mirror United Business UTV Wilmington WPP

570 1481/2 859 47 3121/2 651/2 1041/2 8621/2 7851/2 1155 141/8 185 1 /8 65 3 4 /8 5331/2 2753/4 180 143/4 1535/8 1286 1621/2 8241/2 2355 2561/2 2251/2 125 7201/2 180 1961/2 1286

MINING Anglesey Mining Anglo American Anglo Pacific Res Antofagasta Hldgs Aquarius Platinum Avocet Mining BHP Billiton Bisichi Mining Coalfield Res Kazakhmys Kenmare Lonmin

5

1

3

294 /8 841/4 1313/8 1661/8 8011/2 2071/4 3671/8 2723/4 1

570 3243/4 -1/2 149 102 -6 8991/2 709 +3/4 60 31 +1/2 324 2061/2 761/2 581/2 +1/2 109 751/4 8821/2 5021/2 -8 835 4511/4 +11 1209 7471/2 +1/8 213/8 95/8 +5 200 157 1 1 /2 /8 3 +1 /4 65 37 1 13 2 /2 -7 545 3801/2 +33/4 3073/8 1831/2 -1 1833/8 855/8 +1/2 19 75/8 -33/4 221 134 +9 1350 1119 1621/2 136 -4 8531/2 592 -1 2460 1436 -6 2621/2 901/2 +21/2 2483/4 175 +3/4 1281/4 501/2 -61/2 788 636 -2 195 1151/2 197 119 -8 1296 788

63/8 +5/8 151/2 51/2 15771/2 -2 2072 1207 2043/4 +21/4 290 161 8601/2 -211/2 1381 7841/2 493/4 -1/4 751/4 36 141/2 -1 92 63/4 1 1 1 1884 /2 -10 /2 2236 1666 /2 112 1261/2 95 65/8 +1/4 87/8 27/8 2971/4 -3 826 2333/4 27 +1/8 43 231/2 3301/4 +3/4 6101/2 2531/2

Price

Randgold Res Rio Tinto Vedanta Res

+/- Year High

4478 -67 31111/2 -391/2 1148 -10

7775 3757 1335

Year Low

3972 2582 992

MOBILE TELECOMMUNICATIONS Inmarsat 7161/2 -21/2 749 5421/2 Vodafone Group 2113/8 +1/8 2137/8 1541/2 NONLIFE INSURANCE Admiral Grp 1210 Amlin 4011/2 Beazley 2203/8 Catlin Group 4831/4 Jardine Lloyd Thom 919 RSA Insurance Gp 1221/8

-2 +13/4 1 -2 /4 -21/8 -31/2 -3/4

1416 4351/8 2423/4 5521/2 9491/2 1361/4

1019 3641/8 1661/2 4551/4 723 1073/4

OIL & GAS PRODUCERS BG Group 11921/2 +51/2 13501/2 10001/2 BP 4381/4 -13/4 4831/4 4165/8 Cairn Energy 2651/8 -31/4 2961/8 2513/4 Dragon Oil 603 -6 662 510 Fortune 93/8 +1/2 121/2 71/8 JKX Oil & Gas 65 -1/2 81 481/2 Premier Oil 3421/2 -47/8 4001/4 3211/4 Royal Dutch Shell A 2043 -41/2 23091/2 20251/2 Royal Dutch Shell B 2149 +1/2 2365 2098 Soco International 4171/4 -31/4 4201/2 3197/8 Tullow Oil 1043 -15 1468 977 OIL EQUIPMENT & SERVICES AMEC 1086 -4 1172 9651/2 Hunting 839 -11 941 716 Petrofac 1349 -39 1737 1194 Wood Gp(J) 8161/2 +2 9151/2 7201/2 PERSONAL GOODS Abbeycrest 11/2 11/2 11/2 Burberry Gp 1605 -1 1667 1000 Creighton 43/4 51/2 11/2 Lambert Howarth 181/2 181/2 181/2 1 PZ Cussons 425 +1 /4 4321/2 300 Worthington Group 3 8 3 PHARMA & BIOTECH 3 3 Ark Therapeutics /8 - 35/8 /8 AstraZeneca 3213 -7 35211/2 27921/2 BTG 3841/4 +71/4 3977/8 3171/2 Dechra Pharms 720 -7 780 569 Genus 1359 +7 1594 1284 GlaxoSmithKline 1585 -20 1782 13171/2 Hikma Pharmaceuticals 1036 +9 1112 7191/2 Oxford Biomedica 25/8 -1/8 27/8 13/8 Shire 2526 -25 2551 1727 -1 1001/2 431/2 SkyePharma 811/2 Source Bioscience 91/4 121/4 91/8 Vectura 117 +2 117 77 REAL ESTATE Big Yellow Gp Bolton Group (Intl) British Land Capital & Regional Cardiff Property CLS Daejan Hldgs Derwent London Development Secs Grainger Great Portland Est Hammerson Helical Bar Highcroft Invs Intu Properties Land Securities London & Assoc Prop McKay Secs Mountview Estates Mucklow (A & J) Panther Securities Primary Health Props Quintain Est & Dev Savills Schroder Real Est SEGRO Shaftesbury Smart (J) St Modwen Props Stewart & Wight Town Centre TR Property IT Unite Group

4161/4 15/8 5811/2 403/4 8171/2 1172 3958 2306 193 171 5361/2 498 2901/4 685 3163/4 9011/2 323/4 1561/4 64371/2 4713/4 3321/2 3271/2 831/4 5971/2 351/4 3031/2 584 901/2 2983/8 526 216 2151/4 365

-31/4

445 15/8 -31/2 658 42 8171/2 +15 1260 -62 4179 -56 2542 -11/2 209 -27/8 1871/2 -6 598 -6 554 3 +5 /4 3021/2 -10 695 -15/8 366 -19 994 -1/4 33 -5/8 1593/4 1 1 +37 /2 6512 /2 +213/4 4713/4 3421/2 -131/2 3641/2 92 -21/2 6641/2 351/4 -43/8 3135/8 1 -9 /2 668 901/2 -35/8 333 600 +111/2 223 +1/2 2161/2 +21/2 403

SOFTWARE & COMP SERV Anite 1215/8 +11/8 DRS Data & Research 223/4 Electronic Data Proc 70 Emblaze 491/2 Fidessa Gp 2166 +6 Gresham Computing 1363/4 +1/2 Innovation Group 30 Invensys 5061/2 +31/2 3 Kofax 378 /4 -31/2 Microgen 1275/8 -11/8 Parity 36 RM 1141/4 +201/2 7 Sage Group 349 /8 -31/8 SDL 3391/2 -1 Triad Group 111/2 SUPPORT SERVICES Acal 270 Aggreko 1586

+1 +6

162 23 721/2 61 2190 1 140 /2 301/4 5091/2 3821/4 1551/2 44 1141/4 1 387 /4 677 161/2

3115/8 15/8 506 223/4 680 6561/2 2706 1946 143 1051/8 4421/4 4485/8 178 560 3005/8 7611/2 211/2 1311/2 4350 325 285 3121/2 51 3911/4 351/4 2215/8 5221/2 721/2 1931/8 500 1783/4 1571/2 246 1095/8 151/4 471/2 43 1275 3 62 /4 20 270 3 260 /4 112 181/2 64 3043/8 271 51/2

284 1573/4 2370 1557

Price

Ashtead Gp Atkins (WS) Babcock Intl Berendsen Brammer Bunzl Capita Group Carillion Communisis DCC De La Rue Diploma Electrocomponents Essentra Experian G4S Harvey Nash Hays Homeserve Hyder Consulting Interserve Intertek Group Jarvis Journey Group Latchways Lavendon Litho Supplies Macfarlane Grp Management Cons Mears Group Menzies (J) MICE Group Michael Page Intl MITIE Group Northgate Office2office Paypoint Premier Farnell Regus Rentokil Initial Ricardo Robert Walters RPS Group Serco Group Shanks SIG Smiths News Speedy Hire St Ives SThree Travis Perkins Tribal Grp Vp Waterman Group Wolseley

645 1197 1190 914 465 1350 1003 3243/4 581/2 2517 1003 6221/2 275 785 1208 2521/2 92 1135/8 261 490 570 3373 93/8 1361/2 1290 1823/4 5 355/8 3 26 /4 4171/2 805 6 4923/4 3 291 /8 396 45 1107 2283/4 1815/8 1093/4 541 313 2571/4 5641/2 963/4 1895/8 206 651/4 1671/2 354 1601 1971/2 478 54 3333

Year ▲ Risers Low

+/- Year High

Esure Group Imagination Tech Gp 7/8 -91/2 Ocado 730 322 ARM Hldgs +7 Smiths 1239 Gp638 1209 914 Redrow +8 Betfair 939 Grp540 Wetherspoon(J D) 1 -3 482 /4 2371/2 Lloyds Banking -6 Utd 1409Drug1009

-4 +4 +1 +2 -7 +5 1 -1 /2 +31/2 +7 -51/4 +1 +11/4 +3/4 -121/2 -121/2 -19 +91/2 +11/4 -1/4 +1/4 +11/2 +6 -31/4 -13/4 -7 -3 -14 -41/8 +7/8 -1/4 +2 +13 3 -2 /4 -51/2 +1 -2 -41/2 1 + /4 -3/4 -19 +1/2 +10 -11/2 -7

1057 713 3313/4 2443/4 68 343/4 2713 211/2 1075 8911/2 661 435 2807/8 200 830 5001/2 1288 980 3131/2 2071/2 92 54 1137/8 751/4 5 5 293 /8 185 /8 5141/2 377 5911/2 3491/8 3453 2697 93/8 93/8 1361/2 1151/2 1345 940 188 126 5 5 357/8 211/2 1 32 21 /4 4301/4 282 805 573 6 6 5021/2 3463/8 3 300 /4 248 405 239 139 333/4 1185 716 2383/8 1651/2 1933/8 96 1107/8 811/4 1 5 556 /2 349 /8 313 1761/4 2741/4 1951/2 6831/2 535 98 73 1933/4 99 2101/2 1161/2 1 1 65 /2 28 /4 170 761/4 3671/4 280 1713 1030 2021/4 921/4 478 313 551/2 361/2 3483 26355/8

TECH HARDWARE & EQUIPMENT ARM Hldgs 984 +301/2 1097 BATM Adv Comms 153/4 -1/8 21 3 3 Bede /4 /4 CML Microsystems 541 +12 550 CSR 5241/2 +1/2 607 Filtronic 631/4 831/4 Imagination Tech 3487/8 +141/4 552 Northamber 311/2 +1/2 361/2 Pace 274 -11/4 3191/4 3 3 Plasmon /8 /8 Spirent Comms 1301/8 +3/8 1691/4 Vislink 463/4 -13/8 491/2 Wolfson Microelectronics 1801/4 +11/4 2261/4 TOBACCO British Amer Tobacco Imperial Tobacco

33241/2 -211/2 2277 -4

TRAVEL & LEISURE 888 Holdings 161 Air Partner 495 Bwin.Party Digital 1141/8 Carnival 2401 Compass 847 easyJet 1310 Enterprise Inns 1475/8 FirstGroup 1203/8 Fuller S.T.A. 900 Go-Ahead Gp 1630 Greene King 811 Intercontl Htls 1835 Intl Cons Airl 3231/4 Ladbrokes 1935/8 Marston's 1557/8 Millennium & Copth 5701/2 Mitchells & Butlers 4267/8 National Express 2651/4 Paddy Power 50743/8 Punch Taverns 133/4 Rank Group 1653/8 Restaurant Grp 5541/2 Ryanair Hldgs 5361/2 Sportech 83 Stagecoach 3287/8 Thomas Cook 1551/8 TUI Travel 3571/8 Wetherspoon (JD) 7461/2 Whitbread 3012 William Hill 422 UTILITIES Centrica Dee Valley National Grid Pennon Group

566 133/4 3 /4 3111/2 3081/8 303/4 2351/8 271/2 159 3 /8 118 245/8 140

3784 30691/2 2534 2120

-17/8 186 90 +271/2 495 241 1 1 + /8 156 101 /4 -44 2628 2125 -41/2 9101/2 6711/2 -15 1448 580 -3/8 1533/4 621/4 -11/4 2535/8 92 -20 969 702 +29 1630 1220 -161/2 8971/2 587 -55 2039 1524 -47/8 3281/8 149 -75/8 2431/8 171 -33/8 1651/2 1141/4 -21/2 5821/2 456 -71/8 460 2831/4 -9 2747/8 1641/2 +33/8 58945/8 45401/8 +3/4 133/4 61/8 +17/8 1771/2 1371/4 +41/2 575 352 -8 6251/4 3661/4 -11/4 108 603/4 -63/8 3375/8 2657/8 -13/4 1705/8 151/2 4011/2 2285/8 +16 767 471 -77 3303 2263 -21/2 4941/2 3113/8

3955/8 -11/4 3985/8 3103/4 14171/2 1470 1325 7471/2 8471/2 682 703 -31/2 7491/2 598

Price

Rise p

244 +10 +14 348 403Trent +16 Severn 984 +30 United Utilities 1412 +36 +5 236 1101 +26 AIM +16 746 1pm76 +1 21st336 Century Tech+7

Price % rise

+/- chng Year Wk%

High

+4.49 +4.27 +4.21 1786 +3.20 6911/2 +2.62 +2.47 +2.42 +2.19 421/2 +2.14 65/8 +2.13

+5.21 +14.02 -6+8.68 2090 -0.251 -111/+3.90 2 787 /2 -0.46 +4.86 +1.777 45 /8 +0.34 +1/+0.45 8 16

600 Group 171/2 Abbey 7391/4 Advanced Medical S 90 Alkane Energy 411/4 Alliance Pharma 36 Amerisur Resources 423/4 3 Aminex 2 /4 Andrews Sykes 2681/2 Antisoma 11/2 Aortech 703/4 API 70 Ashley House 167/8 ASOS 4833 Aukett Fitzroy Robinson 41/2 Avanti Capital 531/2 Avesco Gp 211 Bailey (CH) 200 BCB Holdings 17 Berkeley Mineral 23/8 Resources Best of the Best 501/2 Billington Hldgs 96 Braime (TF & JH) 'A' N/ 5521/2 Vtg Capital Mngt & Inv 200 Celtic 631/4 Chamberlin 1071/2 Clean Energy Brazil 61/2 Clear Leisure 3 Coal of Africa 87/8 1 Colefax 287 /2 Concurrent Tech 421/2 Connemara Mining 51/8 Company CPL Resources 5071/2 Crimson Tide 13/8 Cropper (J) 3411/2 Daisy Gp 140 Dart Group 231 Densitron Tech 61/8 Dewhurst 500 Dewhurst A 2721/2 Dillistone Group 911/2 Dolphin Capital Investors 37 Ebiquity 120 Eckoh 243/8 Eco Animal Health 221 Egdon Resources 101/2 Eleco 183/4 Eros Intl 262 Faroe Petroleum 1343/4 3 Feedback /4 FII Group 63/4 Finsbury Food 751/2 Fletcher King 301/2 Forbidden Technologies 291/4 Futura Medical 72 Fyffes 631/2 1 Global Energy 98 /2 Gooch & Housego 574 Grafenia 21 Great Eastern Energy 200 7 Green Compliance /8 Griffin Mining 281/2 GW Pharmaceuticals 75 Hampden Underwriting 120 1 Havelock Europa 17 /2 Hayward Tyler 473/4 Heavitree Brewery 325 Heavitree Brewery A 1771/2 Helphire Grp 53/8 Highland Gold Mining 74 Hirco 20 1 Hydro Intl 111 /2 I S Solutions 441/2 ILX Group 83/8 1 Imaginatik /8 Independent Res 61/4 1 IndigoVision 292 /2 Interior Services 237 Iomart 313 James Halstead 2931/4 Jelf Group 85 Johnson Service 513/8 Latham (J) 3911/2 1 Leed Petroleum /8 Lok'n Store 167 3 London Capital 34 /4 London Security 17721/2 M&C Saatchi 2891/2 Majestic Wine 500 Mercer Resources 11/4 Metro Baltic Horizons 10 Mirada 93/4 1 Miton Group 34 /2 Mulberry Group 1016 Nanoco Group 1841/4 Nasstar 11 Nationwide Accid Repair 50 1 Netcall 40 /2 Next 15 Comms 90 Nichols 1220 Nighthawk Energy 9 5 North River Resources /8 Northern Bear 181/4 Numis Corp 2441/4

175/8 7511/2 921/2 411/4 381/2 58 53/4 1 268 /2 2 130 92 171/2 5362 41/2 781/2 2271/2 2031/2 213/4 33/8

1 2

1 2

7 8

1 4

1 4

1 4 1 2

1 2

3 4

1 2

1 4

5 8

-1 +1/2 +1/4 -1/8 +1

-47 -1

Year Fallers ▼ Low

2

3

3

1

3

3

5

1

1

91/8 5171/2 54 201/4 271/4 341/4 2 1781/2 3 1 /8 411/2 543/4 107/8 2135 21/4 531/2 154 1521/2 131/2 21/4

200 32 66 361/4 1871/2 76 71/4 41/4 1 7 5 /2 2 /8 + 23 71/8 2871/2 2221/2 541/2 40 93/4 51/8

-1/4

5071/2 2621/2 11/2 11/8 3411/2 1701/2 -2 142 85 -4 2691/4 76 93/4 51/4 5421/2 410 3721/2 2721/2 921/2 661/2 391/4 197/8 1211/2 92 +1/8 243/8 133/4 270 215 117/8 65/8 211/2 7 277 1871/2 1 3 1 +3 /2 163 /4 105 /2 3 1 /8 63/4 63/4 -1 773/4 333/4 311/2 25 291/4 181/2 3 -1 80 47 /4 651/2 37 1 1 - /2 122 /2 69 +131/2 574 415 321/2 181/2 2731/2 1971/2 7 81/2 /8 3 - /4 381/2 261/2 1 1 +4 82 /4 39 /2 120 76 3 + /4 201/4 105/8 481/2 14 3371/2 325 1921/2 175 7 53/4 /8 1 -1 /4 1341/4 521/2 3 1 52 /8 19 /4 126 871/2 +11/2 49 361/2 14 7 3 1 /8 /8 5 7 11 /8 4 /8 +21/2 5421/2 290 +6 237 1281/2 -6 319 1621/2 +6 669 2373/4 +1/2 941/2 591/2 -3/8 513/4 311/2 +21/2 3911/2 270 1 1 + /4 /8 +91/2 167 1111/2 1 1 + /2 64 27 /2 18121/2 16871/2 2941/2 157 -4 530 397 13/4 131/2 33/4 1 + /8 141/2 87/8 +11/8 351/4 201/4 1449 850 +3/4 199 561/2 133/8 93/4 78 481/2 +1 431/4 26 115 791/2 +26 1237 771 -1/8 111/4 3 3 11/8 /8 181/4 101/4 +31/4 2441/4 973/4

8

4

4

4

8

4

Penna Consulting Pennant Intl Personal Group Petra Diamonds Petrel Resources Pittards Portmeirion Prime Active Cap Prime Focus London Prime People Publishing Technology Pursuit Dynamics Qihang Eqpt Qonnectis RAM Active Media Rangers Intl Real Good Food Redhall Group Redstone Renew Holdings RGI International Rockhopper Exploration RSM Tenon RTC Group Sabien Technology Safeland Sagentia Gp Scapa Group SciSys Services Power Tech Servoca Sinclair (Wm) Sirius Minerals Slingsby (HC) Software Radio Technology Sopheon SPDI Secure Statpro Sterling Energy Stilo International Strategic Natural Resources Sutton Harbour Swallowfield Synetics Taliesin Property Tasty Tawa Telford Homes Telme Group Ten Alps Terrace Hill Thorpe (FW) Total Produce Trakm8 Hldgs Transense Techs Travelzest Turbo Power Systems TVC Holdings Ultima Networks Univision URU Metals Vernalis Vertu Motors VPhase Walcom Group Walker Greenbank Weather Lottery West African Diamonds WYG Wynnstay Group Wynnstay Props XXI Century Inv Young Brewery A Young Brewery N/Vtg Zincox Resources Zoo Digital 4

-23 -21 -5 263 -6 31 -47 3 -7 9 /4 -78 140 -13 113/4 -37 3 /8 -9 1 1 8 3 4

7

1

5

cls

4

+/Fall p Price % fall

Price

Hochschild Mining 206 Barclays 277 Salamander EnergyPayments 122 Optimal 1513 African Barrick Gold 135 Ottoman Fund 647 SuperGroup 1148 Ladbrokes Oxeco 193 & Co Berkeley GrpPanmure Hldgs Gordon 2054 Aberdeen Asset Mgt Gold 367 Patagonia 1 13 /4 Keller Group 1062 Paternoster Res 5 Express National 265

-11/2 611/2 20 96 38 1 1 552 /2 472 /2

+

1

8

4

8

1 4

86 /2 87 4401/8 119 165/8 21/4 6971/2 71/2 35/8 76 3621/2 213/8 63/4 311/2 2 51 46 46 7 /8 141 1333/8 1231/2 11/8 15 281/2 201/2 1421/2 911/4 811/2 41/8 33/4 1241/2 10 4371/2 34

-10.07 -7.29 -4.59 +13 -4.43 -3.93 -3/8 -3.78 -3.66 -3.47 +1/2 -3.37 -3.28

104 681/2 81 351/2 3 4 /8 105/8

-21/2 +7 +17/8 +5 +21/2 +1/8 -21/2 +3/8

-1/2 -5 -2

-1 +1/4 +21/2 -1 +5/8

Year Year Wk% chng High Low -25.76 -9.54

263 -1.84 861/2 37-20.1231 -6.743 1 14 /2 -2.71 8 /4 225 -4.02 1021/2 301/4 -3.29 8 5 -7.331 /8 /4 -3.07 861/2 621/2 1 89 /2 38 4421/2 320 132 993/8 271/8 53/8 25/8 17/8 705 485 71/2 5 93/4 33/8 1 76 46 /2 385 951/2 811/4 9 151/4 61/4 34 25 121/2 2 93 411/2 51 36 75 411/2 3 103/8 /4 146 761/2 1361/2 913/4 1823/4 1123/4 7 73/4 /8 17 11 421/2 20 201/2 51/4 1441/2 821/2 951/2 611/2 811/2 57 61/4 33/4 7 3 3 /8 2 /8 1621/2 114 291/4 93/8 550 4371/2 361/4 177/8

-1/2

150 77 +1 1091/2 1 1 + /2 43 /2 47/8 -1/4 28

741/2 601/8 731/2 34 35/8 101/4

261/2 35 821/2 120 1 1 492 /2 497 /2 1580 16471/2 971/2 -1/2 104 201/2 451/2 3073/4 +1 3331/2 118 +1/2 118 11/4 23/4 241/4 -1/4 25 116 -1 136 1 66 67 /2 20 23 75/8 13 1 1 /2 - 6 /4 7 5 /8 /8 47 84 1 11/4 3 /4 11/8 17/8 37/8 297/8 -3/8 31 507/8 +5/8 533/4 7 1 /8 /8 3 3 160 +31/2 160 1 1 /8 /4 11/8 31/4 1001/2 103 1 566 /2 -1 5781/2 275 275 17/8 41/8 985 +15 10821/2 1 712 /2 +5 7271/2 181/2 +1/2 57 71/2 21

213/4 721/2 2721/2 1065 501/2 201/2 129 84 11/8 3 9 /4 92 371/2 16 65/8 1 /4 1 /8 47 3 /4 1 /2 7 1 /8 193/8 341/2 1 /8 21/2 661/4 1 /8 7 /8 1 49 /4 1 391 /2 2721/2 15/8 6271/2 5171/2 141/2 61/4

BRITISH FUNDS Consol 21/2% 5613/32 Consol 4% 9125/32 Conv 2.5% 781/4 1 Tres 2 /2% 571/8 War Ln 31/2% 8011/16 Tres 8% 15 1163/8 Tres 21/2% IL 16 34011/16 3 Tres 8 /4% 17 12731/32 Tres 8% 21 13823/32 Tres 5% 25 11815/32 Tres 6% 28 13123/32 Tres 41/4% 32 1103/32

-7/16 -1/8 -3/16 -1/8 +1/8 3 - /32 -11/32 -5/16 -15/32 -9/16 -21/32 -17/32

69 10029/32 9117/32 713/4 959/16 1245/8 3537/8 1397/32 1547/8 13413/32 1519/32 12523/32

561/16 8923/32 76 533/4 7927/32 1163/8 3397/8 12731/32 1385/8 1185/32 13115/32 10911/16

Reports TODAY Interims Premier Farnell Trading updates ASOS, United Utilities Report CML lending estimate for August TOMORROW Report ONS public sector borrowing figures for August