Which new West business is banking on Didier Drogba? Page 6
Minister visits to inspect top export firm One of the West’s leading businesses received a visit from Lord Green, Minister for Trade and Investment, yesterday. He spent the day in Gloucestershire meeting local export champion Renishaw and other local businesses. It exports some 22 per cent of its turnover to China and is viewed favourably in Westminster for the way it has opened up new markets. Lord Green was given a tour of Renishaw’s state-of-the-art site in Wotton-under-Edge. He visited Renishaw’s preproduction facilities where the company designs its machining and assembly processes to ensure efficient pro-
Road to Hinkley
The region’s businesses have long been working towards the supply chain opportunities the £14 billion Hinkley C reactor project offers. That work has a real focus now that David Cameron visited Somerset on Monday to announce the next step in the deal FULL STORY PAGE 2
Hotel chain in administration BY JEFF WELLS wdbusiness@b-nm.co.uk The parent company of a small chain of West Country hotels has gone into administration. The Sherborne Hotel, in the Dorset town of the same name, is among those affected. It comes only weeks after it was claimed the hotel’s future was looking bright. The hotel could now be put on the market after administrators Zolfo Cooper were appointed to take control of Hollybush Hotels, trading as
Martyn Leisure Breaks. In Dorset it also runs the Prince Regent and the Russell hotels in the seaside resort of Wey-
‘It would be a great tragedy for the town to lose the hotel’ Peter Neal, Keep Sherborne Viable mouth, the host venue of the 2012 Olympic sailing competition.
It also operates Harrisons Hotel in Shepperton, Surrey, and the Sand Bay Leisure Resort at Weston-super-Mare. It employs 300 staff and administrators were appointed on October 11. Peter Neal, chairman of the Keep Sherborne Viable group, said: “It would be a great tragedy and very sad for the town to lose the hotel.” Mr Neal was part of a campaign to keep supermarket giant Tesco from building a store on the site of the hotel, on Horsecastles Lane.
The Sherborne Hotel at risk
Mr Neal said “Keeping the hotel was one of the main reasons we fought against Tesco.” A statement from Zolfo Cooper this week said it will be exploring a range of options including “the sale of all or part of the business as a going concer n”. It confirmed that all the hotels owned by the chain will continue to trade. The administrators intend to honour all bookings and deposits received from customers before it was appointed.
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Lord Green visited Renishaw in Gloucestershire on a trip to the West yesterday duction of its products. He also saw progress being made on the construction of a new building that will provide expansion for additional research and development activities, product display, training and conference facilities, and the relocation of Renishaw’s spectroscopy product line. Last month the company had its largest ever trade stand at EMO Hannover, the world’s largest show for the metalworking industry, where it successfully launched a new high speed, high accuracy contact scanning system for CNC machine tools. Ben Taylor, assistant chief executive said: “In our 40th anniversary year, Lord Green’s visit gives important recognition to the success that Renishaw has achieved as a world leader in precision measurement systems.”
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County celebrates its year of business success after shot in the arm Pages 4&5
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Business
2 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS
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Hinkley deal set to power economy BY JEFF WELLS wdnews@b-nm.co.uk There aren’t many weeks when a £14 billion injection of investment into the region’s economy can be reported. Somerset and the wider West Country was the focus of the financial institutions on Monday when the Prime Minister flew into Hinkley Point to confirm the long-awaited news that a “strike price” had been agreed with EDF for Hinkley Point C. The terms of the deal have been intensively scrutinised, with some commentators believing the Government may have over-paid, but at a local level it is undoubtedly a oncein-a-lifetime boost for the region’s economy. More than 20,000 jobs will be created during construction and 900 permanent jobs once the site is complete. On the list of approved suppliers for the nuclear site is Batts Combe Quarry, in Cheddar, owned by Hanson Aggregates. David Weeks, spokesman for Batts Combe Quarry, said: “This is good news and another important step on the road to the start of construction work at Hinkley. But there are still a number of hurdles to clear, not least the signing of an official contract to begin
Prime Minister David Cameron, Vincent de Rivaz of EDF and Somerset Chamber of Commerce chief executive Rupert Cox
to a local supply chain website where they can try to land contracts to work on the huge project. Rupert Cox, the chief executive of Somerset’s Chamber of Commerce, said the county’s businesses were “well-placed” to reap the benefits of Hinkley Point C. “This is a positive and encouraging step towards the development of Hinkley Point C and the vast opportunities this will bring for Somerset businesses and the county as a whole,” he said. “This agreement will act as a catalyst for EDF to be able to make their final investment decision. “Providing this is positive, we can begin to engage with the preferred tier-one contractors to support their own supply chain development activity.” Mr Cox said the entire project would create a whopping 25,000 jobs while it was being built, and 900 permanent jobs
the project. We will then have to confirm the terms of our supply agreement with the Anglo-French consortium Laing O’Rourke/Bouygues, who are the preferred bidder for the main civil contract. “There is unlikely to be any upturn in activity from Batts Combe until next year. In the meantime, we will keep residents fully informed through the quarry liaison group as the situation develops.” Another Somerset supplier likely to benefit is East Brentbased William Haley Engineering. The steelwork fabrication company employs 135 people producing building frameworks and has been in talks with EDF since last year. National Grid is also welcoming the news, and has announced its next step towards building a controversial pylon route through North Somerset. A spokeswoman for the company said: “Over the next ten years, a quarter of the power stations the UK relies on to heat and light our homes and businesses will close. “These need to be replaced and it is National Grid’s role to connect new generators to the electricity transmission network. “National Grid has a contract to connect the Hinkley Point C and other proposed new generators, including a gas-fired power station at Seabank and an offshore wind farm in the Bristol Channel. “To join these new sources of energy safely and affordably we are proposing a new high-voltage electricity connection between Bridgwater in Somerset and Seabank in Avonmouth.” In total more than 1,400 businesses – everything from building firms to drinks suppliers – have already signed up
Prime Minister David Cameron at Hinkley Point on Monday
Oil distributor on the move
Firms snap up space at Studios building
Butchery chain Investment in cuts 36 staff growth strategy
Space at Bath Road Studios, one of Bristol’s landmark buildings, has been snapped up by two firms taking over 2,000 sq ft between them. Defence consultants Antillion have taken 1,200 sq ft, joining electronic research company Fraser AntiStatic, which has taken 921 sq ft as it expands its Devon headquarters into Bristol
One of the South West’s bestknown butchery chains has laid off 36 staff. The Western Daily Press broke the news last week that Gerald David and Family, based in Minehead, had gone into liquidation, leaving more than 50 staff facing an uncertain future. Just 15 have been retained. David Kirk, of insolvency practitioner Kirks, was appointed administrator to run the company’s affairs He has kept branches at Cheddar, Topsham and Newton Abbot open but the others, as well as an abattoir at Porlock, have been closed. Mr Kirk said: “I am trading them with a view to selling them and at least saving part of the business.” Gerald David and Family was founded in 1969.
Hobbs Bros, the long-established Gloucester oil distributor, is moving from its present Monk Meadow site in Hempsted to a state-of-the-art purpose-built facility on nearby Spinnaker Park, designed and to be constructed by Talus Construction. The larger two-acre site will allow Hobbs Bros to hold oil reserves of around a million litres, supplying domestic, commercial and agricultural oil and lubricants within a 35mile radius of Gloucester. Hobbs is a family company, currently run by Mark Hobbs, the fourth generation of the family since his great-greatgrandfather Clem founded the business at his Paganhill pub in Stroud in 1897. Mr Hobbs said: “It will be a lot bigger, more efficient and with safer access onto the road.”
25,000 The number of jobs during the construction phase at Hinkley
when the power station began operating. “If it goes ahead, the new nuclear development will be looked upon globally as a blueprint for how nuclear power plants will be built in the future, bringing long-term opportunities for the county,” he said, adding that the chamber of commerce was the first point of contact for any local business wanting to get involved. EDF said key terms of the contracts for the four most important suppliers to the project have now been finalised subject to a final investment decision. These are with Bouygues TP/Laing O’Rourke for civil engineering, Costain for marine work, Alstom for turbines and Areva for instrumentation and control, nuclear steam supply system and fuel. In total some 57 per cent of the project’s construction value could be spent in the UK.
A Wiltshire-based company which supplies household brands with bespoke design and print services has secured an additional £1 million investment to back its ongoing growth strategy. Superior Created Ltd, headquartered at Melksham, Wiltshire, has doubled its turnover in less than ten years to £15 million and will use the additional funding to extend its premises and to buy new high-tech equipment. The firm has secured a number of high profile contracts in recent months including clients such as Sainsbury’s and Heineken UK. Superior managing director Ian O’Connor said: “I’m delighted Barclays are prepared to lend funds to support Superior’s continued growth and expansion plans.”
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Jobs at risk in upheaval at publishers BY EVA JONES wdnews@b-nm.co.uk Dozens of jobs are likely to be lost due to upheaval at two West publishing groups. Up to 100 Bath jobs might go after audiobook publisher AudioGO suspended trading. The company, which has offices in Lower Bristol Road and a mail order store at Windsor Bridge, has suspended operations because of “recentlydiscovered significant financial challenges”. And at the Somerset-based Haynes Group, five employees have taken voluntary redundancy, amid a reshuffle of the business. The announcement
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comes after the group revealed last month that it would be transferring its UK distribution operation to third party logistics provider, Random House Publishing group, based in Norwich. It also announced the amalgamation of its UK automotive and general book editorial departments and the closure of its Sparkford headquarters. AudioGO had denied rumours last week that it was in financial difficulty. But head of marketing and sales, Rachel Josephson, said: “I can confirm that AudioGO has temporarily suspended business operations while we seek an investment or a sale of the business.” She added: “There is a considerable amount of interest in
AudioGO and we are hopeful of achieving a swift resolution. “Protecting and respecting the rights of everyone that we work with is uppermost in our considerations and we are grateful for the fantastic support we have received from our colleagues throughout the industry.” She said all staff remained in work while a buyer was sought. AudioGO was set up in July 2010, when private investors bought out BBC Audiobooks. BBC Worldwide continues to own a minority stake. Last year it made profits of £2.4 million. The Haynes Group has begun the transition to Random House Publishing and the amalgamation of the UK editorial departments has been completed, which has resulted in five voluntary redundancies. Group chief executive Eric Oakley said: “Our current premises in Sparkford have served the company well, but the site no longer meets the requirements of a modern information publishing business. We have therefore taken the decision to relocate the business to more suitablysized premises.” Mr Oakley also said the number of long-standing employees from within the immediate Sparkford area would be a “major consideration” as Haynes decides its future site. The group has predicted the one-off costs of the restructuring to be £1.3 million. But following the restructuring the cost savings to the business are anticipated to be £500,000 in 2014/15, rising to £700,000 in 2015/16.
Call for finance County-wide to be unlocked waste contract Too many medium-sized businesses in the South West are locked out from the essential sources of growth products and support they need to export and invest abroad, the CBI and BDO has said. In a new joint report, Go your own way, the Government and private sector are urged to get behind the international ambitions of medium-sized businesses (MSBs) in the region, which are being held back by a lack of access to finance, as they journey from non-exporter to global business. CBI research has shown that MSBs could be worth an additional £20 billion to the economy if only the UK can unlock this growth. Only 52 small and mediumsized firms received direct assistance from UK Export Finance in the last year.
Yeovil-based waste management company M & J Bowers is celebrating the award of a three-year contract that will see the business handling confidential waste from 45 different sites in Wiltshire. This is the first time that Wiltshire Council has allocated its office waste management services under one contract that will cover the whole of the county of Wiltshire. The council chose the company after a tough competitive tender process which also involved a visit to the specially designed state-of-the-art premises which M & J Bowers moved to in 2011. John Bowers, owner and managing director, said: “Winning this contract means that M & J Bowers is recognised as a key contender in waste management and recycling.”
Managing risks of defined benefit pension schemes CHRIS MAPP
Piles of manuals in the warehouse at Haynes in Sparkford, which is being closed as the company moves ‘to more suitably-sized premises’
Landmark £4m property sold to residential conversion specialists
‘A ship is safe in harbour, but that’s not what ships are for’ , 19th century American theologist William Shedd famously said. Risk is an integral part of life. All businesses take risks to some degree, so as to maximise their opportunities. The most successful businesses know what risks to take and they manage those risks to maximise the chance of a successful outcome. To return to the nautical analogy, if a ship is captained by someone with experience and knowledge of the seas, he will know when to come into harbour because conditions are perilous and when to take advantage of a strong wind to reach his destination early. The same rationale can be applied to the management of the defined benefit pension schemes that many employers still have within their business. Trustees and sponsoring employers of such schemes face many risks in managing them, the most obvious being how the scheme is funded, how its assets are invested and the continued strength of the sponsoring employer. Earlier this year, the Pensions Regulator (which oversees the management of such schemes) was given a new statutory objective, broadly to ensure that the funding of defined benefit schemes should not hinder employers in growing their businesses. To achieve this objective, whilst also continuing to safeguard the needs of members and act as a gatekeeper for the Pension Protection Fund, the Regulator is increasing its focus on risk and how it is managed. Consultation on a new code of practice is imminent and it is clear that trustees and sponsoring employers will be required (if not already doing so) to consider the various risks inherent within their scheme in an integrated way, rather than treating each in isolation. At the heart of this, is the need for trustees and
employers to work together to identify and really understand the risks to which a scheme is exposed, and how they are inter-related. Through knowledge, schemes can try to avoid those risks that provide little or no reward and retain those that should enable them to obtain a better outcome for members and employers. There is no single solution, as every scheme will have its own specific circumstances and objectives. De-risking strategies that are valuable for some schemes, will not be appropriate for others. There is a large and growing market of risk reduction products, not to mention the less formal derisking strategies designed by investment consultants for individual schemes. Care must be taken not to hinder long-term goals through adopting inappropriate strategies e.g. by setting a low-risk investment strategy that has no chance of delivering sufficient return for your objectives, or by adopting hedging products that are
Chris Mapp of Punter Southall
1.3m
Active members of defined benefit schemes SOURCE: THE PENSIONS REGULATOR difficult to unwind if circumstances change. Employers and trustees should view the new funding framework as an opportunity to assess exactly what their long term goals are. They can then analyse which risks are appropriate for their scheme to retain and most importantly ensure they have a framework that allows them to monitor those risks over time.
Punter Southall provides actuarial and investment advice to defined benefit pension schemes and have helped many schemes to implement appropriate risk management strategies. If you require further information, please contact Chris Mapp on 0117 202 0404 or chris.mapp@puntersouthall.com
One of Bristol’s landmark buildings, which had a price tag of £4 million, has been sold to developers by Jones Lang LaSalle and Savills. Burwalls, located a stone’s throw from Clifton Suspension Bridge, has been bought from the University of Bristol by the Kersfield Group, a London and Bathbased developer which specialises in high-quality residential conversions
FULL STORY: NEWS SECTION, PAGE 7
4 SOMERSET BUSINESS AWARDS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS
Awards come at great time for Somerset BY RICHARD BACHE wdbusiness@b-nm.co.uk It is difficult to imagine a better time for Somerset’s business community to be coming together to salute its finest companies than tonight. The county is very much basking in the glow of the Prime Minister arriving on Monday to confirm the longanticipated deal over the “strike price” for electricity generated at the proposed
Hinkley C nuclear reactor. It is no exaggeration to say that there is not a county in the land – indeed the continent – that is not envious at a £14 billion infrastructure investment. Over the lifetime of the project it will create in excess of 25,000 jobs and provide the sort of external boost that businesses dream of. It provides unparalleled opportunities for growth and to get involved in the supply chain of the biggest civil en-
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gineering project in Europe. From lawyers to landladies and from accountants to apprentice engineers, there are possibilities for every sector of the county’s economy. The vast majority of those sectors will be represented at tonight’s glittering awards ceremony in Yeovil. The awards are organised by the Somerset Chamber of Commerce in conjunction with its sponsors. This is the ninth year of the awards, which aim to celebrate business success across Somerset, raise the profile of Somerset businesses in the region and nationally and to encourage growth within start-up businesses. Speaking at the launch of the awards Rupert Cox, chief executive of the Somerset Chamber of Commerce, said, “It is no surprise that year on year we see an increase in the number of high quality entrants from within such a flourishing and innovative business community. The awards showcase
Somerset’s real assets on a regional and national basis.” The main sponsor for the third consecutive year, David Griffin, managing partner at Albert Goodman, said: “We are delighted to continue our sponsorship of the Somerset Business Awards for 2013 and are eager to see what local businesses have been achieving. “The awards provide the per-
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The number of awards categories that are being presented tonight fect platform to showcase your company and forge relationships with mutually-beneficial businesses within a flourishing business community.” ■ To read all about the winners on the big night see next Thursday’s Western Daily Press.
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Clarke Willmott LLP Band one ranking in Chambers Chambers and Partners publish one of the leading directories of the legal profession.
Private Client Family & Matrimonial Environmental
Winner of Business of the Year
Radio personality Cormac MacMahon will host the awards at the recently revamped Westland Conference and Leisure complex in Yeovil. Top, David Griffin (Albert Goodman) and Rupert Cox (Somerset Chamber of Commerce) at the awards launch
Clarke Willmott LLP Taunton office, Winner of Business of the Year (51+ Employees) at Somerset Business Awards 2012
Proud Sponsors of the Charity of the Year Category at the Somerset Business Awards 2013 To find out how we could help you plan for the future, please contact stuart.thorne @clarkewillmott.com or 0845 209 1105.
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Clarke Willmott LLP is a limited liability partnership registered in England and Wales with registration number OC344818. Authorised and regulated by the Solicitors Regulation Authority (SRA number: 510689), whose rules can be found at www. sra.org.uk/handbook. Its registered office and principal place of business is 138 Edmund Street, Birmingham, West Midlands, B3 2ES. Any reference to a ‘partner’ is to a member of Clarke Willmott LLP or an employee who is a lawyer with equivalent standing and qualifications and is not a reference to a partner in a partnership.
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Shortlist The companies hoping to pick up gongs The entries for this year’s Somerset Business Awards have been of outstanding quality, according to judges. Jenn Chidley-Sanders of the organisers, Somerset Chamber of Commerce, said: “We were overwhelmed with the number and quality of entries, and we are so happy for this year’s finalist.” The awards, now in their ninth year, saw the highest number of entries to date, including 40 first-time entrants. The Somerset Business Awards 2013 ceremony is at the Westland Conference and Leisure Complex in Yeovil, tonight, presented by Heart FM presenter, Cormac MacMahon. The finalists are:
Pets Centre; R K Bell Group and Western Air Ducts (UK) Ltd
3 Solutions (2011) Limited; NVB Architects; R K Bell Group
Hilton Herbs; Mendip Hub Ltd; Somerset Heritage Service
Albert Goodman Family Business of the Year Award – Sponsored by Albert Goodman LLP
Business of the Year 51+ Employees Award – Sponsored by Higos Insurance Services Ltd
New to Somerset Award – Sponsored by Into Somerset
Business of the Year 1-10 Employees Award – Sponsored by Yeovil College
Plum Communications & PR; Pure Beauty; Rebecca Bevins HR Consultancy Ltd
Business of the Year 11-25 Employees Award – Sponsored by A.C. Mole & Sons
Evosite Ltd; Kiddimoto; Red Berry Recruitment Ltd Business of the Year 26-50 Employees Award – Sponsored by EDF Energy
Bridgwater College; Elecsis
Monkton Elm Garden &
We are pleased to be in the final 3 for the category; Business of the Year 11 – 25 employees for the Somerset Business Awards 2013
Somerset Community Foundation; Somerset Rural Youth Project; Western Hospicecare
Environmental Award – Sponsored by Porter Dodson Solicitors & Advisors
Berry & Escott Engineering; Protomax Plastics Ltd; The Woolly Shepherd Ltd
Marketing & Promotions Award – Sponsored by ADPR Ltd
Filberts Fine Foods Ltd; Hosted Accountants;
New Business of the Year Award – Sponsored by Glyder
Pips Pubs; Staff Guardian Ltd; Wild Beer Co Ltd Service Excellence Award – Sponsored by Lentells Ltd
3 Dimensions Care Ltd; Hiho Silver; Jungle Property Skills for Growth Award – Sponsored by Somerset ESB
3 Dimensions Care Ltd; Langdon Industries Ltd; Yarlington Housing Group Young Business Employee of the Year Award – Sponsored by Jobseekers Recruitment Services Ltd
Chloe Heilbronn (Monkton Elm Garden & Pet Centre); Kayleigh Allen (Powrmatic Ltd) and Phil Rogers (Somerset Centre Integrated Lear ning)
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Students get a taste for the high life BY GAVIN THOMPSON wdbusiness@b-nm.co.uk The student accommodation market is booming in Bristol. While once students were seen as hard-up, now they are big business. Work has started on a £6.2 million project in Anchor Road in the city. Colston Tower is being converted into luxury student studio flats – and all 132 have been sold to investors in just seven weeks. And Unite, the Bristol-based student accommodation firm, has just issued a £90 million bond offering to help it fund its building programme for the coming years. It is also in the process of developing the former ice rink in Trenchard Street in a £20 million project. Student numbers in the city have risen to 45,000, yet there
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David and Victoria Beckham are said to be looking for a house in the Cotswolds – www.westerndailypress.co.uk are only 13,000 student beds in the city creating obvious demand. And with students paying higher prices for a better standard of accommodation, there is profit to be made. George Griffith, associate director at CBRE Bristol, said: “Bristol continues to be one of the most sought after destinations for undergraduates for many reasons, one of which being the variety of accommodation that is available. There is evidence that there is still plenty of demand for top of the range student accommodation especially as students (and their parents) become more demanding about the quality and type of accommodation that they seek.” The 4,250 square metre Anchor Road site, known as
Harbour Court, is being built by Midas Construction for Prime Student Living, part of the Crosslane Group. Its Harbourside location is within walking distance of the University of Bristol campus. It will comprise some studio apartments and other cluster accommodation with three to five bedrooms sharing a kitchen. It is the company’s first investment in the city and shows that Bristol is an appealing market for the industry. Jon Stewart, director at Crosslane Group, said: “There is a huge demand for affordable, secure and convenient student accommodation in Bristol and Harbour Court is exceptionally well placed not only for the university but also for all the amenities that make student life easier and more enjoyable. For our investors, it delivers excellent growth potential and the sought after exposure to a key university city.” Vita Student is behind the Colston Tower project, due to be ready in 2014. The company, founded last year, has been acquiring land around the prestigious Russell Group university cities. The apartments each have flat-screen televisions, free broadband, fitted kitchen and en-suite bathroom. Chief executive Trevor Moore, said: “Investor requirement for student property like ours is at an all-time high.” Rather than letting directly to students, the company sells flats to investors, then manages them on their behalf. The scheme attracted a range of investors from overseas and closer to home. Carpenter Andrew Smith. from Wales, bought one of the Bristol apartments. “I found the potential yields in the student property market are much greater than other areas in the market,” he said.
Diane receives her OBE from Princess Royal Diane Savory, chairman of the economic partnership GFirst LEP, has been presented with an OBE (Order of the British Empire) for helping to drive and encourage local businesses. Her proud son Oscar watched as she was given the award by the Princess Royal at a ceremony at Windsor Castle. Diane was honoured in the Queen’s Birthday Honours list earlier this year for her services to help make Gloucestershire become a better place to live and work with thriving local communities and a flourishing economy. Diane said she could not thank enough those who had nominated her for the award. “Receiving my OBE from the Princess Royal was such a special day and a privilege,” she said. “It was a pleasure and a delight to meet the Princess
Diane Savory’s leadership at GFirst LEP follows a career with SuperGroup
Harbour Court in Anchor Road is within walking distance of the University of Bristol campus. It will comprise some studio apartments and other cluster accommodation with three to five bedrooms sharing a kitchen
Royal who took an avid interest in the good work that we are doing for growing the local economy of Gloucestershire, especially with skills creation and apprenticeships. “I’m passionate about galvanising and empowering businesses and people in Gloucestershire to overcome current economic challenges and thrive with new opportunities.” Under her chairmanship GFirst LEP has established 12 sector groups focused on driving growth. And the work of the Retail Sector Group and the Banking Sector Group has already gained national recognition. Diane’s leadership at GFirst LEP follows a career as the former chief operating officer of retail brand SuperGroup, the makers of Superdry. She joined the LEP two years ago and she has been instrumental in setting up and supporting the infrastructure of GFirst LEP.
Chelsea fan pays homage to manager Mourinho at football-themed café Chelsea manager Jose Mourinho may have been charged with improper conduct, but superfan Peter Panayi would never give him a red card. The 52-year-old has named his new café after the Chelsea manager in the hope that one day “the special one” will pop in for breakfast. When Peter opened his new café in Weston-super-Mare with daughter Selina Williams and her husband Darren, there was only one thing he wanted to call it. “I have supported Chelsea all my life and calling it Mourinho’s was my way of saying
Peter’s back and Jose’s back,” he said. “I’m his biggest fan. He’s won us everything and really is the special one. I know a lot of people don’t like him but I think he’s good for the game. “Chelsea’s always been my team. I’ve been going since I was a boy and used to be a season ticket holder. “The Chelsea Channel are interested in doing something on us so I’m hoping he’s heard of us and will in come here for breakfast.” The Weston café has a football theme with dishes like Wenga wraps, Charlton chick-
Darren and Selina Williams outside the Weston-super-Mare café that is named after Chelsea manager Jose Mourinho, right
en and Bonetti spaghetti. The main seller is a 4:4:2 breakfast but a “humungous” footballsized Balotelli roll is also popular. There is also a sausage sandwich called Drogba’s Jumbo Dog – a homage to Didier Drogba, one of Jose’s greatest signings. Daughter Selina, 32, said: “He eats, breathes, lives football, always has done. I’ve had it all my life. “Every other word he utters is football related and he’s absolutely mad about Chelsea. I quite like football but not like him or my husband Darren, I just let them get on with it.”
But Peter has some serious competition for the title of the greatest Mourinho fan. Chelmsford student Sean Buxton has become a Twitter sensation after posting a “selfie” of him sitting next to the special one Stamford Bridge on Saturday. The Blues boss was sent to the stands following a confrontation with referee Anthony Taylor, and on Tuesday the Portuguese manager was reprimanded by the Football Association for his behaviour ahead of the Champions League group match with Schalke.
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Bridge closure has cost local economy dear BY JEFF WELLS wdnews@b-nm.co.uk The controversial closure of the railway bridge in Castle Cary is coming to an end, but has reportedly cost the local economy millions of pounds. The bridge has been closed since July, and work is anticipated to continue until November, a total of 19 weeks. The resulting 32-mile diversion for goods vehicles has resulted in over £1 million in costs for just eight major local businesses, and the cumulative effect on smaller businesses has been calculated as a further £1 million at least. Additional costs have also been borne by local residents in hugely increased journey times and inconvenience. Somerston and Frome MP David Heath raised the issues
£2m What closure of rail bridge in Castle Cary has cost firms in region surrounding the closing of the Ansford railway bridge near Castle Cary station and the diversion of traffic wanting to use the A371 in Parliament last Wednesday. He said: “Of course I accept that essential maintenance work on bridges has to be done, and that will inevitably cause inconvenience. “But what worries me is that Network Rail, a private company with no democratic accountability, can arrange matters entirely for its own convenience and cost savings, without any consideration for the effect on the local community. “It has made little or no effort to minimise disruption or organise the work to reduce
the closure period, they have rejected any attempt to find ways of providing viable alternatives for local people, and even the promises to ensure proper advertising of access to local businesses and adequate signage have been unsatisfactory. “The costs and the inconvenience to local people have been enormous, and I think people would have been understanding if they felt everything was being done to help them through, but sadly that is not the impression that’s been given.” Network Rail has said that work is progressing on schedule and the bridge will open to signal-controlled single-lane traffic from November 15 and fully reopen on November 29. David Warburton, the Conservative parliamentary candidate for Somerton and Frome, contacted the Transport Secretary Patrick McLoughlin to express his concern at the detrimental effect of the closure of this vital road, and request that the work be completed as soon as possible. Mr McLoughlin said: “Ansford Bridge is being repaired and strengthened to bring it back up to 40-tonne loading capacity, which means not only the safe passage of trains beneath but also provides a robust route over the railway without weight restrictions, which is essential for local business. I’m pleased that work has progressed on schedule and that the bridge will reopen very soon.” Mr Warburton said: “For the past 13 weeks, the closure of the A371 at Ansford Bridge in Castle Cary has had a significant effect on local businesses and has been disruptive to local residents. “The maintenance and repair work to the bridge was vital, but we desperately need now to get things back up and running.”
FTSE 100’s winning streak comes to end YESTERDAY IN THE CITY The FTSE 100 Index ended a nine-day winning streak that had propelled it to a fivemonth high as investors sought to lock in profits. It had reached its highest level since May in the previous session, as sluggish US jobs data increased the likelihood of the America’s central bank continuing its massive quantitative easing programme for some time to come. But concerns over credit conditions tightening in China – after its banks tripled debt write-offs – punctured the mood, sending Asian markets sliding overnight. The worries helped drive the FTSE down 21.2 points to 6674.5. Stock exchanges in Paris, Frankfurt and New York also fell. Meanwhile on the currency markets, the pound was hit by concerns expressed by Bank of England policymakers that its strength could hit exports. Sterling lost one cent against the greenback, to 1.62 US dollars, while it dropped by a narrower margin against the single currency, to 1.17 euros. In London, banks were
6674.5 FTSE 100 at the close yesterday after a fall of 21.2 points
The Ansford railway bridge near Castle Cary has been closed since July, and work is anticipated to continue until November, a total of 19 weeks, which has led to discussion of the issue in Parliament
Star restaurant adds to its sparkle with new champagne bar A Michelin-starred restaurant in Bristol has teamed up with champagne house Moët & Chandon to create a bespoke Grand Vintage Champagne Bar. The contemporary bar is made from solid French oak and is showcasing the 2004, 1999 rosé, 1990 Brut, 1952 and 1972 wines in magnum, which will all be available by the glass. To compliment the champagne bar, Casamia is working together with Cathedral Kitchens to create a unique “sommelier section”. Cathedral Kitchens is a kit-
chen fitting company based in Worcestershire who designed the kitchen at Casamia. The “sommelier section” will enable front of house to work alongside head chefs Jonray and Peter Sanchez-Iglesias to create a bespoke and selective wine collection. The section will hold wines from across the globe selected by new head sommelier Jean Sebastian to accompany the seasonal menus. Jonray said: “As my brother and I continue to enhance our dishes and push boundaries in the kitchen, it is important that the restaurant grows and
Casamia head chefs Jonray and Peter Sanchez-Iglesias
develops with the menu. It is paramount to us that we give guests an unforgettable experience and what better way to ensure this than with a unique Moët & Chandon Vintage Champagne Bar and selection of wines that will take food and wine matching to another level? “We are extremely excited and fortunate to work with brands such as Moët & Chandon and Cathedral Kitchens who support us in our desire to make a visit to Casamia a dining experience like no other.” Casamia won the title of
Gordon Ramsay’s Best Restaurant in the 2011 Channel Four series, while Peter was crowned the South West Champion on BBC2’s Great British Menu earlier this year. Moët & Chandon is one of the world’s largest champagne producers, and holds a royal warrant to supply champagne to the Queen. It was established in 1743 by Claude Moët, and today owns more than 1,000 hectares (2,500 acres) of vineyards, and annually produces approximately 26,000,000 bottles of champagne.
among the stocks under pressure amid the lacklustre trading. Royal Bank of Scotland fell nearly 3 per cent or 9.9p to 352.1p as attention remained on the prospect of the institution being split up under the Gover nment’s imminent “bad bank” review. Barclays was 4.4p lower at 268.2p while HSBC dropped 9.4p to 678.3p. Other notable fallers included BT after UBS downgraded the telecoms stock to sell on fears that the market for its new sport channels may not be as large as the company had expected. Shares fell 4.7p to 362.5p. RSA Insurance topped the FTSE 100 risers board as takeover speculation returned to the stock, which was up 3.1p at 127p. Housebuilder Persimmon was not far behind, up 29p to 1256p, after the British Bankers’ Association reported the strongest month for mortgage approvals since 2009. In company results, Home Retail Group rose 4 per cent after it said half-year pre-tax profits rose 53 per cent in £27.4 million, driven by early progress in the digital makeover of Argos and better trading at Homebase. The DIY business recorded like-for-like sales growth of 5.9 per cent, marking the strongest showing since it was bought by Home Retail in 2002. Shares were 7.8p higher at 192.1p.
8 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS
Shares
WDP-E01-S3
FTSE 100 Index
6710
WEDNESDAY
6690 6670
West stocks highlighted
6650 Close - Down 21.18 at 6674.48
6630
8
11
10
9
12
Major movers
Price
+/-
AEROSPACE & DEFENCE Avon Rubber 5411/2 BAE 4503/4 -51/2 Chemring Group 219 +37/8 Cobham 282 +1/4 Meggitt 554 +4 QinetiQ 2011/2 -3/4 Rolls-Royce 1144 +7 Senior 2847/8 +43/4 Ultra Electronics 1932 -3
Year High
5501/2 468 3211/8 3073/4 564 2111/8 1240 2883/8 1981
Year Low
3121/4 3003/4 2103/4 1901/8 3661/4 179 8441/2 1857/8 1505
AUTOMOBILES & PARTS GKN 3703/8 +15/8 3703/4 201 Torotrak 271/2 +1/4 351/2 231/2 BANKS Barclays Bk of Ireland HSBC Lloyds Banking Gp Royal Bank of Scotland Standard Chartered
2681/4 -43/8 3337/8 2271/2 221/2 -1/8 225/8 77/8 6781/4 -93/8 7697/8 5953/4 777/8 -1/4 781/8 401/2 3521/8 -97/8 3847/8 2661/8 1500 -22 18371/2 1395
BEVERAGES Barr (AG) Britvic Diageo SABMiller
527 5881/2 4321/4 6091/2 +8 6091/2 3585/8 2029 +41/2 21361/2 1769 3219 +33 3657 2619
CHEMICALS Carclo Croda Intl Elementis Johnson Matthey Porvair Synthomer Treatt Victrex Zotefoams
3821/4 -103/4 501 3423/4 2534 -18 2841 2164 2431/2 -1/2 275 2041/4 2970 -13 2997 2190 255 -5 2981/2 1341/2 2573/4 +3/4 2573/4 146 6321/2 365 6021/2 1645 -1 1765 1413 1801/2 -101/2 224 1801/2
CONSTRUCTION & MATERIALS Alumasc 135 137 Balfour Beatty 2841/4 +1/4 3203/4 Boot (Henry) 192 -3 201 Boustead 181/2 181/2 7 1 Clarke (T) 71 /8 + /4 721/4 Costain 2831/2 +11/2 306 CRH 1517 -28 1580 Galliford Try 1142 +3 1157 Gleeson (MJ) 3271/2 -61/2 3543/4 Keller Group 1088 +11 1161 Kier Group 1781 -6 1797 Kingspan Group 10477/8 +21/2 10647/8 5 3 Low & Bonar 73 /8 - /8 80 Marshalls 1781/2 -11/2 184 Morgan Sindall Gp 823 +5 828 North Midland Const 116 1471/2 391/2 Pochins 391/2 451/2 Titon 421/2 ELECTRICITY Drax Gp SSE
658 1427
80 207 /8 1 123 /2 181/2 40 2261/4 1090 678 148 565 1106 6161/4 50 871/2 508 95 20 22 5
+8 7171/2 5241/2 -18 1676 1364
ELECTRONIC & ELECTRICAL EQ Dialight 1192 -1 1399 Domino Printing Sci 691 -121/2 717 Eurodis Electron 1 1 Halma 551 +3 578 7 1 1 Laird 243 /8 +18 /4 249 /4 Morgan Advanced 2961/2 -41/2 318 Oxford Instruments 1319 +7 1752 Renishaw 1624 -15 2081 13/8 Ross Group 11/8 Spectris 2277 -4 2470 1 TT Electronics 199 + /4 200 Volex 123 -31/4 1703/4 Xaar 812 +13 898 XP Power 1595 +23 1595 EQUITY INV INSTRUMENTS Aberforth Smaller Cos 1006 -4 Alliance Trust 439 -1/8 Bankers IT 579 -7 BlackRock Wld Mining 480 -10 British Assets Trust 1381/2 -21/4 British Emp Secs&Gen 4961/2 -2 Caledonia Investment 1923 -10 1 3 City of London IT 371 /4 -3 /4 Dexion Absolute 154 -3/4 Edinburgh Inv Tst 5731/2 -31/2 Electra Private Equity 2313 +12 Fidelity Euro Value 1534 -13 Foreign&Colonial 3743/8 -31/8 JP Morgan Japan IT 2393/4 -43/4 JPM Euro IT Gwth 2151/2 -11/2 Mercantile IT 1508 -11 Merchants Trust 505 -5 Middlefield Canadian 104 3 1 Monks Inv Tst 384 /8 -3 /8 Murray Income Tst 788 -7 Murray International Tst 1139 -12 North American Inc 852 +2 Perpetual Inc&Grwth 3511/4 -13/4 RIT Cap Partners 1246 -1 Scottish Inv Tst 593 -5 Scottish Mortgage 995 -7 SVG Capital 400 +21/4 Temple Bar IT 1216 -11
1010 4641/4 586 6221/2 1403/4 522 1935 375 155 621 2398 1547 383 2473/4 2171/2 1519 510 115 390 820 1245 9151/2 364 1285 606 1002 416 1232
9991/2 522 1 4111/2 1 171 /8 2401/4 1209 1494 1 /2 1703 114 84 258 955
655 3633/4 427 4241/2 1163/8 445 1457 3033/4 137 4861/2 1785 1174 3041/4 1541/2 160 1020 3611/2 991/2 300 6561/2 9821/2 6671/2 2751/2 1108 464 6671/2 2577/8 961
Price
+/- Year High
Templeton Emerging Mkts 5811/2 -31/2 Witan Inv Tst 6421/2 -51/2
678 648
Year Low
514 474
FIXED LINE TELECOMS BT Group 3621/2 -43/4 3673/8 2121/2 Cable & Wire Comm 433/4 -1/4 461/4 341/4 Colt Group 1233/4 +1/4 1351/2 931/2 KCOM 985/8 -11/8 1003/4 681/4 Talktalk Telecom 2651/4 -23/4 276 1865/8 Telecom Plus 1518 +36 1518 830 FOOD & DRUG RETAILERS Greggs 442 +33/4 Morrison (Wm) 2831/8 -5/8 Sainsbury (J) 3961/2 -2 Tesco 370 -13/8 Thorntons 1091/2 -3/4 FOOD PRODUCERS Anglo-East Plantations 650 Assoc Brit Foods 2089 Carr's Milling 1734 Cranswick 1099 Dairy Crest Group 5181/2 Devro 303 Glanbia 8347/8 Greencore Gp 175 Kerry Group A 39187/8 Premier Foods 1851/2 REA Hldgs 375 Tate & Lyle 7851/2 Unilever 2496
5231/2 3021/2 4003/4 3873/4 1113/4
3921/8 2485/8 3217/8 3147/8 285/8
- /2 750 621 +18 2089 1365 +9 1734 909 -1 1189 733 +1 5281/2 3427/8 -1 380 2897/8 +185/8 9413/8 6261/8 +23/4 175 883/4 -281/2 40931/2 32071/2 +11/2 1851/2 593/4 -4 4921/2 3591/4 +5 883 7231/2 +12 2885 2290
FORESTRY & PAPER Mondi 1109
1
-3
1112
625
GENERAL FINANCIAL 3i Group 371 Aberdeen Asset Mgt 4255/8 Brewin Dolphin 280 Close Bros Group 1272 F&C Asset Mngmt 1051/2 Guinness Peat 303/4 Hargreaves Lansdown 1171 Henderson Group 2087/8 ICAP 3831/4 IG Group 6221/2 Intermediate Capital 4963/4 Investec 4351/4 IP Group 149 London Stock Exchange 1665 Man Group 881/8 Paragon 3383/8 Provident Finl 1610 Rathbone Brothers 1652 Schroders 2659 Schroders NV 2205 Tullett Prebon 325 World Trade Systems 41/2
-3/8 3871/2 2053/4 -3/4 4921/8 3197/8 +1/2 283 1693/4 -1 1300 8331/2 +11/2 1103/8 90 331/2 231/2 1 +17 1171 679 /2 -5/8 2093/4 1091/8 +1/8 4221/4 2803/4 +5 6221/2 4163/4 +41/4 5011/2 2871/4 +1/4 5131/2 3643/8 +73/8 1585/8 1051/8 +12 1665 930 -11/2 1343/8 713/4 +1/2 3545/8 2381/4 1773 1287 +23 1691 1208 +22 2659 1518 +4 2209 1220 -83/4 3957/8 219 41/2 41/2
GENERAL INDUSTRIALS British Polythene 650 REXAM 501 RPC 4861/2 Smith (DS) 3041/4 Smiths Group 1397
-4 657 3721/2 -11/2 5471/2 4305/8 1 - /4 4863/4 378 -3/8 3073/4 1971/2 -58 1455 1018
GENERAL RETAILERS Alexon 27/8 Ashley (L) 261/2 Beale 10 Brown (N) 525 Caffyns 430 Carpetright 627 Carphone Whse 258 Darty 82 Debenhams 1103/4 Dignity 1380 Dixons Retail 481/4 Dunelm Group 898 Euro Home Retail 21 Findel 250 Flying Brands Units 25/8 French Connection 313/8 Halfords 4063/4 Home Retail 1921/8 Howden Joinery Gp 3153/4 HR Owen 171 Inchcape 6221/2 JD Sports Fashion 1175 Kingfisher 373 Lookers 1261/2 Mallett 801/2 Marks & Spencer 4853/8 Moss Bros Group 75 Mothercare 389 Next 5250 Pendragon 363/4 Signet Jewelers 4716 Ted Baker 1763 Topps Tiles 873/4 WH Smith 905
27/8 291/2 201/2 +21/2 577 450 -4 7011/2 +1 261 +1 881/4 3 - /4 1233/4 +10 16871/8 +11/2 481/4 -2 1047 21 +1/4 2533/4 61/2 +3/8 34 -11/4 4091/4 +73/4 1921/8 -53/8 3241/2 1723/4 +41/2 645 -5 1185 -3/4 420 +2 1281/2 841/2 -31/4 5131/2 +2 75 -101/4 4923/4 +25 5250 -1/4 37 +3 4934 +9 2017 94 -1 918
27/8 24 91/2 3251/4 365 585 165 39 783/4 5 992 /8 203/8 613 21 108 23/8 23 299 1043/4 1603/8 61 3913/8 670 2687/8 711/2 611/2 359 531/2 271 3542 131/2 3166 935 47 6061/2
HEALTH CARE EQPMNT & SERV Bioquell 1491/2 160 130 Consort Medical 8931/2 -1 9021/2 6601/2 Smith & Nephew 803 +31/2 803 638 Southern Cross 61/4 61/4 61/4 Healthcare
Price
Synergy Healthcare UDG Hlthcare
+/- Year High
1086 +12 1165 3143/4 -61/2 3605/8
HOUSEHOLD GOODS Aga Rangemaster 1323/4 Barratt Developments 3391/4 Bellway 1527 Berkeley Grp Hldgs 2434 Bovis Homes 7941/2 Gaskell 21/4 Headlam Group 384 McBride 1151/4 Persimmon 1256 Reckitt Benckiser 4732 Redrow 2571/8 Taylor Wimpey 1137/8 Victoria 2321/2
920 217
+11/4 1353/4 543/8 -11/4 3551/4 1811/4 +22 1527 951 +50 2434 1482 +61/2 8511/2 4891/4 21/4 21/4 -8 415 3021/2 1 - /4 1463/4 101 +29 1305 745 -2 4950 3704 +45/8 2571/8 154 +21/2 1137/8 565/8 245 1871/2
INDUSTRIAL ENGINEERING Assoc Brit Engineering 135 Bodycote 667 -1 Castings 420 Fenner 410 -8 Goodwin 3600 -53 1 1 Hill & Smith 478 /4 +4 /4 IMI 1497 -15 Melrose Ind 3145/8 +25/8 Molins 1791/2 +3 MS Intl 1731/2 Renold 46 +11/2 Rotork 2865 -10 Severfield-Rowen 613/4 -2 Spirax-Sarco 2974 -22 Tex Hldgs 791/2 Trifast 783/4 +13/4 Vitec Group 7011/2 +61/2 Weir Group 2343 +8 INDUSTRIAL METALS First Quantum Minerals 1129
Year Low
-31
145 115 685 3623/4 450 291 4351/4 3057/8 3820 1575 480 370 1537 9181/2 3145/8 2067/8 1791/2 1231/2 2611/2 1731/2 46 163/4 3037 2229 1473/4 371/4 3090 20031/4 791/2 521/2 783/4 401/2 7251/2 559 2474 1688 1492 8721/2
INDUSTRIAL TRANSPORTATION BBA Aviation 3365/8 +93/4 3365/8 1953/4 Braemar Shipping 520 -5 535 350 Clarkson 2350 -10 2370 1150 Fisher (J) 1119 -1 1148 7733/4 Irish Continental Units 21831/8 22231/2 15077/8 Ocean Wilsons 970 +21/2 11571/2 8971/2 Stobart Gp Ord 1291/2 +11/2 1291/2 741/2 UK Mail Gp 590 -9 645 265 Wincanton 132 +1 1341/4 433/4 LEISURE GOODS Games Workshop 782 Hornby 793/4 Photo-Me 130
-3 8231/2 601 871/2 551/4 133 49
LIFE INSURANCE Aviva Hansard Global Legal & General Old Mutual Prudential Resolution St James Place Standard Life
4387/8 +1/2 4413/4 114 136 213 +3 213 2023/8 2215/8 1269 +14 1269 5 350 +2 /8 350 6761/2 +121/2 6761/2 3663/8 +1/2 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
607 1721/4 943 513/4 3213/4 611/2 1013/4 8621/2 787 1053 161/2 195 1 /8 651/2 1 9 /8 5531/2 3031/2 195 123/4 1541/2 1343 1601/2 866 2625 3161/2 2351/2 1321/4 6731/2 2111/2 2171/2 1313
MINING Anglesey Mining Anglo American Anglo Pacific Res Antofagasta Hldgs Aquarius Platinum Avocet Mining BHP Billiton Bisichi Mining Coalfield Res Kazakhmys Kenmare Lonmin
2941/8 841/4 1321/2 1661/8 8341/2 2071/4 3773/8 2821/4
+61/2 607 335 -1/2 1761/8 102 +1/2 943 709 -3/4 60 31 +1/2 324 2061/2 75 581/2 109 751/4 8821/2 515 1 -2 /2 835 4511/4 -2 1209 7471/2 +3/8 213/8 121/4 195 157 1 1 /2 /8 3 - /4 67 37 1 7 1 -1 /8 10 /8 2 /2 +41/2 554 3801/2 +33/4 3073/8 1831/2 +27/8 1951/8 855/8 -1/4 19 97/8 -13/4 221 134 -8 1351 1119 1621/2 136 +9 866 600 +4 2634 1436 +3 3161/2 947/8 -13/4 2483/4 175 +61/4 1321/4 511/4 -14 788 636 +41/2 2111/2 1151/2 -11/2 219 1273/4 +3 1313 788
51/2 151/2 51/4 1495 -61 2072 1207 2261/4 +81/2 289 161 8651/2 -381/2 1381 7841/2 471/2 -3/4 751/4 36 16 +1/8 763/4 63/4 1 1 1922 /2 -28 2236 1666 /2 115 +5 1261/2 95 6 +1/8 87/8 27/8 2513/8 -105/8 826 2333/4 223/8 +5/8 397/8 213/4 3263/4 -5 515 2531/2
Price
Randgold Res Rio Tinto Vedanta Res
+/- Year High
4640 -25 3220 -411/2 1065 -13
7435 3757 1335
Year Low
3972 2582 992
MOBILE TELECOMMUNICATIONS Inmarsat 723 -81/2 749 5421/2 Vodafone Group 2291/8 +11/8 2291/4 1541/2 NONLIFE INSURANCE Admiral Grp 1238 +7 1416 Amlin 4231/8 +1/8 4351/8 Beazley 2163/8 -25/8 2423/4 Catlin Group 5061/2 -31/2 5521/2 Jardine Lloyd Thom 1007 +12 1007 RSA Insurance Gp 127 +31/8 1361/4
1019 3641/8 1671/4 4551/4 723 1073/4
OIL & GAS PRODUCERS BG Group 12321/2 -8 13291/2 10001/2 BP 4491/4 +11/4 4831/4 4165/8 1 1 Cairn Energy 281 /8 -4 /4 2961/8 2513/4 Dragon Oil 6011/2 -8 662 510 Fortune 87/8 -1/8 121/2 71/8 JKX Oil & Gas 71 -3/4 803/8 481/2 Premier Oil 3281/2 -111/2 4001/4 3211/4 Royal Dutch Shell A 20991/2 -21/2 23091/2 1987 Royal Dutch Shell B 22001/2 +1/2 2365 20771/2 Soco International 4063/8 -65/8 430 3263/8 Tullow Oil 973 -7 1445 973 OIL EQUIPMENT & SERVICES AMEC 1146 +4 1148 9651/2 Hunting 8811/2 +31/2 941 716 Petrofac 1424 -14 1737 1194 Wood Gp(J) 8091/2 -41/2 9151/2 7201/2 PERSONAL GOODS Abbeycrest 11/2 11/2 11/2 Burberry Gp 1553 -3 1667 1134 Creighton 6 6 11/2 Lambert Howarth 181/2 181/2 181/2 1 1 PZ Cussons 400 -12 /8 432 /2 3343/4 Worthington Group 3 8 3 PHARMA & BIOTECH 3 Ark Therapeutics /8 AstraZeneca 3210 BTG 4077/8 Dechra Pharms 6921/2 Genus 1374 GlaxoSmithKline 15701/2 Hikma Pharmaceuticals 1150 Oxford Biomedica 23/4 Shire 2525 SkyePharma 911/2 Source Bioscience 101/2 Vectura 115 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
4881/2 15/8 613 451/4 845 1195 3980 2567 219 1833/8 594 528 3033/4 660 3351/2 987 38 185 6775 456 3321/2 3171/2 94 633 351/4 3363/4 621 85 3581/2 526 224 2253/4 408
3 + 35/8 /8 +221/2 35211/2 27921/2 +111/4 4077/8 3171/2 +1/2 780 569 -20 1594 1284 -301/2 1782 13171/2 +9 1150 7251/2 - 27/8 13/8 +32 2593 1727 +11/2 1013/4 431/2 +1/8 113/8 91/8 117 77
+41/4 4881/2 15/8 +6 658 +11/4 451/4 845 -21 1260 -99 4200 +6 2567 -6 225 -31/4 1871/2 +1 598 +1/2 554 3 + /4 3071/2 695 +3/8 366 +51/2 994 38 +31/2 185 -200 6975 -9 500 3421/2 1 -1 /2 3641/2 -11/4 951/4 -9 6641/2 351/4 3 +1 /4 3363/4 +6 668 901/2 1 +1 /2 3581/2 600 +31/2 230 +35/8 2253/4 +11/4 408
SOFTWARE & COMP SERV Anite 851/2 +1/2 DRS Data & Research 221/4 Electronic Data Proc 711/2 Emblaze 491/2 Fidessa Gp 2019 Gresham Computing 126 -1/2 Innovation Group 311/2 +1/4 Invensys 503 Kofax 354 +5 Microgen 1271/2 Parity 36 -1 RM 116 -8 1 Sage Group 327 -6 /8 3 SDL 256 -2 /4 Triad Group 141/4 -3/4 SUPPORT SERVICES Acal 3121/2 Aggreko 1513
162 23 721/2 61 2190 1 140 /2 311/2 5091/2 388 1551/2 44 124 1 387 /4 5641/2 161/2
3227/8 15/8 506 223/4 730 6561/2 2706 1999 143 1081/2 4511/2 4583/4 178 575 3005/8 7621/2 211/2 1311/2 4350 3473/4 285 3121/2 513/4 4031/4 351/4 2215/8 5241/2 721/2 1971/4 525 1783/4 1571/2 2603/4 763/4 151/4 521/2 43 1275 7 64 /8 203/4 270 2603/4 112 181/2 64 3043/8 1 254 /4 51/2
+4 3121/2 1573/4 +10 2254 1442
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
670 1204 1260 961 474 1366 979 3033/4 613/4 2769 8851/2 680 2933/4 789 1235 2523/4 901/2 1231/4 2351/4 544 625 3329 93/8 1491/2 1275 187 5 381/2 26 428 806 6 4831/4 3 312 /4 4543/4 40 1054 224 211 1115/8 633 335 288 540 1051/4 199 2091/4 651/4 1811/4 361 1805 1941/2 494 633/4 3286
Year ▲ Risers Low
+/- Year High
3386 2295
TRAVEL & LEISURE 888 Holdings 1675/8 Air Partner 514 Bwin.Party Digital 1221/4 Carnival 2162 Compass 903 easyJet 1348 Enterprise Inns 157 FirstGroup 1181/2 Fuller S.T.A. 9021/2 Go-Ahead Gp 1695 Greene King 848 Intercontl Htls 1860 Intl Cons Airl 3643/4 Ladbrokes 1891/4 Marston's 1543/4 Millennium & Copth 6151/2 Mitchells & Butlers 3983/4 National Express 2653/4 Paddy Power 48985/8 Punch Taverns 141/4 Rank Group 1501/2 Restaurant Grp 569 Ryanair Hldgs 5493/8 Sportech 90 Stagecoach 3421/8 Thomas Cook 1477/8 TUI Travel 3801/2 Wetherspoon (JD) 745 Whitbread 3345 William Hill 399 UTILITIES Centrica Dee Valley National Grid Pennon Group
3 4
7 8
1 4
1 8
1 4
5 8
3 4
1 2 3 4
7 8
3 8
+4 /2 1057 713 -63/8 3313/4 2443/4 -13/4 68 343/4 +14 2769 217/8 -951/2 1075 8851/2 688 435 -11/4 2951/4 2037/8 +1 830 543 +1 1288 980 -1/2 3131/2 2071/2 -11/2 953/8 54 -3/4 1241/8 763/4 3 5 5 -5 /4 293 /8 185 /8 +21 544 377 +2 625 3491/8 +16 3453 2819 93/8 93/8 1491/2 1151/2 1345 940 -1 1961/2 126 5 5 -1/2 393/8 24 1 32 21 /4 +2 4301/4 2903/4 -7 8411/2 573 6 6 +33/8 5021/2 3463/8 1 7 -2 /8 314 /8 248 +3/4 4543/4 249 130 333/4 -6 1185 765 -4 2383/8 1651/2 -3/4 2141/8 96 +11/2 1115/8 85 5 -5 638 349 /8 +1 335 191 -3 291 1951/2 6831/2 5161/2 +13/4 1051/4 73 +3/4 2001/8 102 +1/2 211 149 +1/2 70 32 -31/2 187 981/2 1 1 +2 /4 370 299 /2 +23 1805 1060 -11/2 2061/2 921/4 -12 510 313 +11/4 633/4 361/2 -10 3483 26365/8 1
+1 +3
656 /2 133/4 3 /4 364 332 303/4 2351/8 271/2 170 3 /8 118 247/8 140 1
3784 30691/2 2534 2120
+1/4 186 +17 514 +5/8 156 +21 2628 +41/2 9101/2 +12 1448 -3/4 1573/4 -1/2 2233/4 -61/2 969 -2 1697 +8 8971/2 -5 2039 +53/4 3643/4 +3/4 2431/8 +3/4 1651/2 +10 6151/2 -23/8 460 +31/4 2747/8 +413/4 60061/8 -1/2 151/2 -31/2 1771/2 +31/2 575 +103/8 6371/8 -1/4 108 +15/8 3421/8 -17/8 1705/8 -1/4 4011/2 -111/2 767 -14 3372 -11/4 4941/2
1023/4 2721/2 1011/4 2030 680 6171/2 653/4 92 726 1220 589 1524 1581/2 1673/8 1183/4 456 296 1641/2 4626 61/8 1371/4 364 380 621/2 2657/8 20 2463/4 4933/4 2301 3287/8
360 /8 -4 /4 402 /4 310 /4 14871/2 +71/2 14871/2 1325 7761/2 +41/2 8471/2 682 699 -1/2 7321/2 598 3
Rise p 3 4
3 8
TECH HARDWARE & EQUIPMENT ARM Hldgs 9531/2 -501/2 1097 BATM Adv Comms 181/4 -1/2 21 3 3 Bede /4 /4 CML Microsystems 526 550 CSR 550 -61/2 607 Filtronic 661/4 831/4 Imagination Tech 2823/8 -43/4 552 Northamber 341/2 +1 361/2 Pace 3233/4 +333/4 3233/4 3 3 Plasmon /8 /8 Spirent Comms 1231/2 -3/8 1691/4 Vislink 451/8 +1/8 491/2 Wolfson Microelectronics 1491/2 +3/4 2261/4 TOBACCO British Amer Tobacco Imperial Tobacco
Price
Pace 323 +33 +18 Laird 243 Group 149 +4 IP730 3563/8 Severn Trent +7 +7 Home Retail 192 United Utilities -1 Al1239 638 Noor Hospitals Gp 918 +33 +17 SuperGroup 1260 953 1186 +38 +1 48 AIM +1/2 Dixons 961 Retail 563 +9 BBA 336 1 Aviation -3 482 /4 2371/2 1pm407 +11 BTG -1 Kenmare 1409 1009 Century Tech+ Resources21st22
1
1
3
1 4
5 8
600 Group Abbey Advanced Medical S Alkane Energy Alliance Pharma Amerisur Resources Aminex Andrews Sykes Antisoma Aortech API Ashley House ASOS Aukett Fitzroy Robinson Avanti Capital Avesco Gp Bailey (CH) BCB Holdings Berkeley Mineral Resources Best of the Best Billington Hldgs Braime (TF & JH) 'A' N/ Vtg Capital Mngt & Inv Celtic Chamberlin Clean Energy Brazil Clear Leisure Coal of Africa Colefax Concurrent Tech Connemara Mining Company CPL Resources Crimson Tide Cropper (J) Daisy Gp Dart Group Densitron Tech Dewhurst Dewhurst A Dillistone Group Dolphin Capital Investors Ebiquity Eckoh Eco Animal Health Egdon Resources Eleco Eros Intl Faroe Petroleum Feedback FII Group Finsbury Food Fletcher King Forbidden Technologies Futura Medical Fyffes Global Energy Gooch & Housego Grafenia Great Eastern Energy Green Compliance Griffin Mining GW Pharmaceuticals Hampden Underwriting Havelock Europa Hayward Tyler Heavitree Brewery Heavitree Brewery A Helphire Grp Highland Gold Mining Hirco Hydro Intl I S Solutions Imaginatik Independent Res IndigoVision Interior Services Iomart James Halstead Jelf Group Johnson Service Latham (J) Leed Petroleum Lok'n Store London Capital London Security M&C Saatchi Majestic Wine Mercer Resources Metro Baltic Horizons Mirada Miton Group Mulberry Group Nanoco Group Nasstar Nationwide Accid Repair Netcall Next 15 Comms Nichols Nighthawk Energy North River Resources Northern Bear Numis Corp Optimal Payments
Price % rise
+/- chng Year Wk%
High
+11.66 +10.14 +8.06 +8.69 +5.23 1875 +11+8.76 2090 +4.23 1 1 +7.921 716 / 2 +11 /2 787 /2 +3.73 +11.61 +3.31 +11.36 +3.26 +3.90 +2.97 +5.957 39 -1/+7.97 2 45 /8 +2.85 7 6 /8 +2.85 -2.65 16
17 /4 7811/2 973/4 411/4 36 46 1 2 /4 312 11/2 116 731/2 201/4 5205 5 55 1 223 /2 2011/2 161/4 21/4 3
+ /4 +3 +3/4 +3/4 +1/8 +1/4 +1/8 3
- /8 +41/2 1
-208 -111/2 -21/2 -1/2 +
17 /4 7781/2 981/2 411/4 381/2 58 53/4 1 312 /2 2 116 92 203/8 5701 51/8 71 235 204 213/4 3 3
Year Fallers ▼ Low
+2 +1/4
+4 +1/4 +1/2 +1/2 +11/2 -11/2 -21/2
+1/2 +1/8 -21/4
+3/4 -1 -1/2 +31/2 -8 -31/2 1 +1 /2 -3/8 + -101/2 1 - /2 +7/8 -2 -1/8 +3/4 +7 +1 -1/4 +3 +1/4 -1/4 +95/8 -15
3
1
1
1
3
3
1
3
3
9 /8 530 54 23 307/8 1 39 /4 2 1991/2 3 1 /8 411/2 543/4 107/8 2135 21/4 531/2 154 1521/2 151/2 21/8 3
5071/2 2621/2 13/4 11/8 420 1701/2 1521/2 85 2691/4 853/4 91/2 51/4 5421/2 440 3721/2 2721/2 1141/2 661/2 403/4 253/4 1211/2 92 243/4 14 270 194 117/8 65/8 241/8 7 277 1871/2 3 1 163 /4 105 /2 3 3 /4 /8 63/4 63/4 773/4 38 351/2 25 35 181/2 3 80 47 /4 651/2 37 1 122 /2 69 595 415 321/2 181/2 2731/2 195 7 8 /8 381/2 261/2 1 158 39 /2 135 100 223/8 111/4 663/4 161/2 3371/2 325 1921/2 175 53/4 11/8 116 521/2 523/8 191/4 126 871/2 48 361/2 3 1 /8 /8 111/8 47/8 1 1 501 /2 287 /2 2831/2 1321/2 319 192 669 2373/4 941/2 591/2 513/4 335/8 399 270 1 1 /4 /8 2161/2 1111/2 3 1 51 /4 27 /2 1825 16871/2 3161/2 170 545 397 13/4 131/2 41/4 141/2 87/8 44 203/4 1449 850 199 65 133/8 93/4 78 481/2 45 28 115 791/2 1 1237 799 /2 111/4 3 3 11/8 /8 241/2 121/2 251 1081/2 3171/2 1061/2
2
2
4
2
4
8
2
8
Pennant Intl Personal Group Petra Diamonds Petrel Resources Pittards Portmeirion Prime Active Cap Prime Focus London Prime People Progility Publishing Technology Pursuit Dynamics Qihang Eqpt Qonnectis RAM Active Media Rangers Intl Real Good Food Redhall Group Redstone Renew Holdings RGI International Rockhopper Exploration 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
-95 -45 -47 29 -6 1 11 /2 -50 1 -9142 /2 -5 131/2 -38 3/8 -10 87 -2
-9.73 -6.81 -5.74 -5.43 +1/8 -5.03 -4.74 +1 -4.32 -4.26 -4.05 +1 -4.03
1 2 1 2 1 2
7
8
1 2
1
3
4
4
1 2 5 8
1
741/2 4187/8 1221/4 147/8 25/8 6821/2 7 23/4 721/2 81/4 6221/2 213/4 61/2 331/2 2 483/4 1 62 /2 521/2 7 /8 1481/2 7 129 /8 1543/4 15 393/4 26 1421/2 92 731/2 45/8 45/8 105 9 375 3 33 /4 8
+3/8 +13/8 -1/8 -1/8 -3/8 +75 -1/8
-3/4 -13/4 +1/2 -13/4 +2 -33/4 +5 +1 +1/2 +1/8 -1/4
981/4 69 951/2 7 38 /8 33/4 93/8 261/2 81 515 1610 1171/2 17 3561/4 1 128 /2 11/4 273/4 128 66 32 63/8 11/4 1 /2 50 1 3 /4 25/8 281/4 587/8 1 /8 3 1511/2 1 /8 11/8 1081/2 621 275 13/4 1010 660 155/8 14
BRITISH FUNDS Consol 21/2% 601/32 Consol 4% 9625/32 Conv 2.5% 8223/32 6015/32 Tres 21/2% War Ln 31/2% 8413/16 Tres 8% 15 116 Tres 21/2% IL 16 3435/8 Tres 83/4% 17 12813/16 Tres 8% 21 14113/32 Tres 5% 25 1223/16 Tres 6% 28 13615/32 1 Tres 4 /4% 32 1145/8
cls
4
+/Fall p Price % fall
Price 1
1981/2 -11/2 200 32 631/2 66 373/4 861/2 1801/2 76 25/8 71/2 21/2 5 1 5 1 /8 5 /2 1 /8 8 23 71/8 2871/2 2921/2 2221/2 381/2 +1 541/2 371/2 47/8 91/4 47/8
-51/2 +1/4 -43/4 +1/8
2
De La Rue 885 Intl Personal Finance 623 Telecity Ottoman Fund779 1513 Essar Energy 120 647 Hldgs Oxeco ARM 953 Panmure Gordon Ferrexpo 184& Co Patagonia Gold128 Evraz Antofagasta 865 1 Paternoster Res 13 /4 Kazakhmys 251 Penna Consulting 5 Centamin 49
511/2 +11/2 611/2 20 97 97 38 1 1 1 542 /2 552 /2 472 /2
5021/2 11/2 3891/2 1511/2 2181/4 61/8 500 295 1141/2 403/4 121 243/8 196 81/4 22 254 3 128 /4 5 /8 63/4 69 351/2 301/2 641/2 651/2 961/2 5921/2 213/4 1971/2 11/8 323/4 148 135 191/2 641/2 325 1821/2 51/4 731/4 20 1061/2 48 1 /8 71/8 299 2751/2 2703/4 300 901/4 511/8 3771/2 1 /8 206 34 1825 3093/8 528 1 121/2 3 9 /8 44 1038 1533/4 111/2 611/2 44 93 1142 3 10 /4 5 /8 241/4 248 292
1
-3/4
Year Year Wk% chng High Low -6.40 -5.10
37 -1.5829 141/2 -5.80 83/4 -7.431 225 -4.84 132 /2 27 -2.73 8 5 -2.861 /8 /4 -3.531 971/2+4.80 62 /2 1 89 /2 38 4431/2 320 3 132 99 /8 271/8 6 23/4 17/8 705 485 5 71/2 93/4 23/4 76 461/2 133/4 7 6221/2 97 1 48 /4 9 121/4 61/4 37 25 2 101/2 93 411/2 66 36 75 411/2 3 103/8 /4 1501/4 801/2 7 3 134 /8 98 /8 1751/2 1123/4 17 11 433/4 20 1 26 5 /4 147 84 951/2 611/2 821/2 581/2 57/8 33/4 45/8 23/8 1531/2 1041/2 291/4 83/8 5371/2 375 361/4 177/8 150 77 106 1 41 /2 47/8 28
741/2 601/8 731/2 331/4 35/8 75/8
35 120 +5 515 16471/2 +21/2 1171/2 451/2 -51/4 365 1391/2 23/4 +1/4 273/4 -1 136 673/4 34 13 +1/8 61/4 7 /8 84 1 1 /4 +1/8 11/8 31/2 -1/4 31 -1/8 60 7 /8 3 +1 160 1 /4 31/8 -13/4 111 +5 621 275 4 1 +17 /2 10821/2 7271/2 52 +11/2 171/4
213/4 721/2 2821/2 1065 501/2 17 149 86 11/8 93/4 92 381/2 16 63/8 1 /4 1 /8 47 3 /4 1 /2 17/8 3 19 /8 37 1 /8 21/2 671/4 1 /8 7 /8 523/4 399 2721/2 15/8 6921/2 546 141/2 61/4
+1/2 -3/8 +5/8
+17/32 +1 +23/32 +9/16 +1/2 +1/32 +5/16 +1/8 +11/32 13 + /32 +9/16 +19/32
-1/4
661/32 10029/32 9117/32 671/2 959/16 1237/8 3537/8 1387/32 15329/32 1331/2 1509/32 12523/32
561/16 9023/32 76 533/4 7927/32 1157/8 3397/8 12731/32 1385/8 1185/32 13115/32 10911/16
Reports TODAY Finals Debenhams Interims Bloomsbury Publishing, Shire (Q3), Stobart, Unilever (Q3) Trading updates Go-Ahead (AGM), Inchcape, WPP TOMORROW Trading updates Phoenix, Vesuvius Report First estimate of GDP for the third quarter