Miliband’s business rates freeze isn’t enough, warns expert Page 3
Houses to go on Cadbury’s old factory site BY LAURA TREM wdnews@b-nm.co.uk Councillors have voted unanimously in favour of plans for 700 homes on the former Cadbury factory site in Keynsham. At a meeting of Bath and North East Somerset Council’s Development Control Committee, councillors gave the green light to the plans. The Taylor Wimpey scheme will see the 220-acre site transformed into a town extension with more than 700 new homes, a 70-bed care home, a
Councillor Bryan Organ, says the new housing will be a major development for Keynsham
Daily business e-briefing www.southwestbusiness.co.uk is the home of business news for the region. Visit today and enjoy a free daily e-briefing
k to g 210-place primary school, medical facility, shops, office space and sports facilities. Councillor Bryan Organ (Con, Keynsham East ) said: “This is a major application for Keynsham, the biggest in a long time. We have to do the best for the people of Keynsham, and I would approve it. “With regard to traffic the
main road into the site has coped with all the traffic over 20 years when a lot of people worked at the site. “Is there going to be that much more traffic now? I am not convinced that there is going to be a major problem with the one entrance.” Councillor Martin Veale (Con, Bathavon North ) said: “If we turn down this application it will send the wrong message out to developers across the country.” It is expected that the site will create 1,000 jobs in addition to the 1,277 jobs during its construction. One company hoping to relocate to the site is waste distributor Matthew Clarke. Director Graham Donald said: “We are looking at possible locations for our new head office, and this is one site we are considering. It’s an attractive option for us, as it’s well located and buildings can be designed around our needs. We want to make a definite decision soon.” Avon and Somerset Police had registered concerns over the fact that the site will only have one access point off Keynsham Road, which will also serve existing homes. Officers said one access route for such a large mixed development had the potential to lead to congestion and an increase in collisions. Avon Fire and Rescue did not raise any objections to the development. Chair of Keynsham town council Gill Hellier said: “The town council’s aware of how important this development is for Keynsham, creating jobs.”
Bankers say consumers feel more confident Banks are seeing annual growth in credit card and personal loan borrowing for the first time in four years, in further evidence that households are starting to feel more confident. Meanwhile, the number of mortgage approvals made to home buyers in August reached its highest level since 2009 as life returns to the housing market, the British Bankers’ Association (BBA) reported. Credit card borrowing has grown 6.7 per cent over the last year, rising at a faster rate than that of personal loans and overdrafts at 5.1 per cent. Consumers spent more on credit cards than they paid
£8.4bn Level of new spending recorded on UK credit cards last month
The former Cadbury factory site in Keynsham, near Bath. Councillors have approved plans for a development including 700 homes, sports facilities, a care home and primary school to be built on the 220-acre site
NEWS ON THE GO
GET THE LATEST NEWS & SPORT WHEREVER YOU ARE - 24/7 westerndailypress.co.uk
print | online | mobile
back in August, in a break with a trend of more cautious behaviour which has been seen in recent years of repaying more than they spent. Some £8.4 billion of new spending was recorded on credit cards last month, higher than the recent monthly average, while £8.3 billion worth of repayments were also made. Several studies have recently indicated people are starting to feel better about the economy, including a report published by Lloyds Bank this week which found consumer confidence has risen to its strongest levels in at least two-and-a-half years. The BBA’s report suggested increased demand for borrowing on credit cards, personal loans and overdrafts was also down to “more competitive offers available” in the low interest rate environment.
WDP-E01-S3
Ready for a change, turn to our jobs section Pages 6&7
1
Business
2 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 26 2013 WESTERN DAILY PRESS
WDP-E01-S3
Chocolatiers with a recipe for success BY JEFF WELLS wdnews@b-nm.co.uk A father and daughter team who started their UK handcrafted chocolate enterprise in Rode, near Frome ten years ago, are celebrating an impressive milestone of reaching a seven figure turnover. Kerr Dunlop and Flo Broughton established Choc on Choc in 2003, around the kitchen table when Flo was just 23, having discovered her father messing around with silicon moulds and using chocolate in the kitchen. Inventor, Kerr, who created the popular hedgehog boot
Flo Broughton of Choc on Choc is celebrating an impressive milestone
Daily business e-briefing www.southwestbusiness.co.uk is the home of business news for the region. Visit today and enjoy a free daily e-briefing
k to g
40
Amount, in tonnes, of chocolate leaving the factory last year
‘The success of the business so far is one which my father and I couldn’t have imagined’ Flo Broughton wipers in the 1980s, has since made hundreds of moulds creating new chocolate designs as perfect gifts for chocoholics. He has also been building a reputation for perfection and quality, which has earned commissions for the Royal Wedding and a Hollywood movie star as well as orders from leading high street retailers, such as John Lewis, Boots and leading supermarkets. Choc on Choc satisfies a niche gap in the market and its growth has seen a move away from the family home to new factory premises, aptly named Chocolate House, funded by Barclays, in 2008. The Somerset firm prides
itself on using good quality Belgian chocolate, so no matter how intricate the novelty chocolate, which ranges from miniature ice cream cornets and reindeers, to replicas of a castle for an A-list celebrity, customers are always delighted with the outcome. The firm also offers hampers and chocolate for special occasions such as weddings. Trade shows have led them to supplying Selfridges and John Lewis, which have all contributed to the company’s ongoing success along with repeat custom from a growing online clientele. Flo, who gained a degree in graphic design at University of the West of England before setting up the business, said: “It’s been a real learning curve over the last decade and the success of the business so far is one which my father and I couldn’t have imagined in the early days. “The reward of seeing our products in leading retail outlets and boutique shops all over the UK was a great sign we have created a truly unique and popular product.” More than 40 tonnes of handmade chocolate left the factory last year, enough to fill three double decker buses. The chocolate is destined not only for the UK market but overseas, and this has contributed to an impressive 22 per cent growth in 2012 with new markets already secured in Australia on top of those secured in Canada, Japan and the EU. Flo added, “Having a strong business plan and strategy is key as your business grows as well as ensuring you manage your cash-flow tightly. “Good open communication with our manager has been key to securing help for continued growth. “Barclays has been with us every step of the way and is a banking relationship which we have found to be hugely supportive.” Brian O’Connor, Barclays business manager, Frome, added: “It’s important for us to back start-up businesses such as this which from humble beginnings has now developed a brand which is hugely marketable both in the UK and overseas. “Choc on Choc demonstrates Britain’s flare for entrepreneurship and quality and one we will continue to work closely with as the firm continues to build on its strengths in the future.” Choc on Choc currently employs 31 full and part-time staff and is set to hire more in the coming months. Visit www.choconchoc.co.uk to find out more.
Shopping centre that ‘saved’ a city celebrates fifth anniversary in style
Cabot Circus, pictured top on its opening day has brought a whiff of glamour to Bristol’s shopping scene, from the appearance of model Yasmin Le Bon at the grand opening to this week’s fashion show staged by department store Harvey Nicholls at Brasserie Blanc to mark the fifth anniversary
The beginning of the worst global financial crisis in decades hardly seemed the ideal point to launch a £500 million shopping centre. But for Bristol, the opening of Cabot Circus five years ago turned out to be perfect timing to help the city navigate the economic choppy waters. The centre, which celebrated its fifth birthday yesterday, has welcomed almost 100 million shoppers and diners to date. The huge investment in the centre transformed the landscape and attracted prestigious brands such as Harvey Nichols, Ted Baker, Apple and Hotel Chocolat, with House of Fraser moving from across the city to become the anchor store. It has seen Bristol sail up the shopping destinations league table from 27th to 11th, meaning the city has been on the
rise, while others have been treading water. Cabot Circus centre director Stephanie Lacey, 41, admitted the timing had been “challenging”. “It was ten years in the planning and building and then we open in a period of economic down turn, and that brings its own challenges,” says Mrs Lacey. But the centre has performed strongly, with 95 per cent of shops let and Mrs Lacey believes it can keep improving. “We are still in our infancy as a shopping centre. There are good opportunities around the night-time economy and to bring exciting retailers who are new to the area,” she says. The latest tenants include American diner chain TGI Fridays and Japanese restaurant Wagamama, the latter due to
open soon. Clothes stores remain the biggest draw for the centre, but certainly not the only one. “At the start we were seen as a fashion destination – we have some very strong fashion brands,” says Mrs Lacey. “But our leisure offering is very good too with restaurants and grab-and-go food and there is the cinema.” Five years after opening, one of the big questions is “can Cabot Circus hang onto stores such as Harvey Nichols when the leases run out?” Stephanie would not be drawn, only saying: “We can’t comment on confidential lease negotiations but we are aware we offer an attractive shopping environment which still has a lot of interest from retailers who are not currently in the city. “We have very strong shopping but also a strong restaurants and leisure offer, all of which is a very strong attraction for our sitting tenants’ customer bases.” But the noises are promising. Harvey Nichols last night hosted two fashion shows in Cutlers’ Hall at Brasserie Blanc in Quakers Friars
WDP-E01-S3
WESTERN DAILY PRESS THURSDAY SEPTEMBER 26 2013 WEST COUNTRY BUSINESS 3
‘Reach for the regions’ deal
City has lots to Advice for thank Wales for manufacturers
A deal has been struck for the £15.1 million sale of the Quedam shopping centre in Yeovil. Financier Benson Elliot has exchanged contracts with current owner UBS Global Asset Management (UK) Limited and it expects to close the deal within three weeks. Plans include extending the complex to house a major department store and filling all vacant units. The move is part of the financier’s £1 billion “reach for the regions” campaign in which Benson Elliot hopes to revive “unloved” town centres. David Gooch, director at Benson Elliot’s agent GCW, said: “The company has a proven track record for investing in town centres, and improving them quickly. Jason Livingstone, president of Yeovil Chamber of Trade and Commerce, said it was “exciting news for Yeovil”.
Bristol’s massive benefits from the M4 and rail improvements have been a “fluke” spin-off from government investment to boost economic development for South Wales. Electrification of the Paddington to Cardiff rail-line spells good things for Bristol – just as the 1970’s investment in the M4 and high-speed rail links regenerated north Bristol. Both developments were designed to boost economic growth in South Wales – and it is just an accident that Bristol happens to be on that Paddington to Cardiff route. These are among the findings of the latest online radio investigation from South West Business News. In it Mike Henry – a partner at global property firm, Jones Lang LaSalle, and a member of the Business West Transport Committee – highlighted how Bristol has benefited from government plans to help Wales.
The Manufacturing Advisory Service (MAS) has announced the appointment of John Ruddleston as a manufacturing skills workshop trainer and adviser to bolster the team delivering MAS events across the South West. With nearly 50 best practice events attracting almost 500 attendees in the past year, MAS has just launched a new series of events for manufacturers. Attendees will be able to gain insight into a number of themes from leadership and supply chain to product development. Mr Ruddleston has more than 30 years’ experience working in Europe and America, including 20 years in the aerospace sector for companies including Messier Dowty and Meggitt He said: “Working for MAS provides me with the ideal platform to pass on the skills and knowledge I have picked up over the last 30 years.”
Prestigious order for West golf equipment maker An electric golf trolley maker in Gloucestershire’s Five Valleys has supplied one of its products to the Great Britain team at a Ryder Cupstyle event. Kings Stanley-based Stewart Golf is the official trolley supplier at the Simpson Cup at Royal Lytham & St Annes Golf Club in Lancashire. The company has supplied six £189 Z3 Push Trolleys. The four-day event pitches 13 injured military service personnel and veterans from the UK against their US counterparts, right
to celebrate the birthday. Louise Masson, general manager of Harvey Nichols Bristol, said: “From the day we opened we were instantly seen as the city’s trend-setters and five years on we continue to lead the way when it comes to luxury retailing. “We have been the first to introduce the likes of Stella McCartney, Peter Pilotto, Mary Katrantzou and Erdem to the South West, allowing our customers to enjoy the kind of shopping that previously was only available in London. “We are very committed to Bristol and have seen consistent year-on- year growth. “Our store, along with our restaurant, remains a strong performer in the Harvey Nichols portfolio.” Regardless of what direction Cabot sails in future, without it Bristol might have sunk as a city centre shopping destination. As Destination Bristol chief executive John Hirst, who is the man responsible for promoting neighbouring Broadmead, the forerunner of Cabot Circus, puts it: “Where would we have been without Cabot Circus?”
Labour’s rate relief doesn’t go far enough BY EVA JONES wdnews@b-nm.co.uk
The site of the present-day Cabot Circus shopping centre. It is pictured here in June 2006 when construction work on the new centre was temporarily halted after builders discovered a suspected Second World War bomb. The bomb disposal unit van is visible in the foreground, with traffic at a standstill on Bond and Newfoundland streets
Labour leader Ed Miliband’s pledge to the party conference in Brighton that a Labour government would freeze business rates across the country has been described as a “sticking plaster rather than a cure” by business rates experts in Bristol. Ben Batchelor-Wylam from consultants Colliers International said nothing less than a fundamental review of the business rates system was needed to bring relief to retailers across the West. Mr Batchelor-Wylam – one of the city’s leading authorities on business rates – has been meeting traders at a series of free rates clinics offering advice on the issue. He said: “Grassroots retailers in Bristol are telling us that business rates are becoming an unsustainably high burden
and are pushing many over the edge. “While any move to make things easier and more affordable would be welcomed by the high street and businesses across the UK, the sad fact is we’ve gone beyond the point where money alone is the issue. “By granting relief across the whole country, Labour would in effect be helping business in more prosperous areas – like London and the South East that don’t necessarily need particular help – at the expense of those that do. What will make the greatest difference to ailing high streets is an immediate revaluation.” Ed Miliband told the Brighton conference that if Labour wins the next election it would freeze rates for all businesses with a rateable value of less than £50,000 at 2014 levels for three years from 2015. This would be funded by
reversing the Government’s planned 1 per cent corporation tax reduction for that year. But Batchelor-Wylam said: “Property values must be realigned and business rates reformed – at this moment the system is not fit for purpose. In other words, it hasn’t redistributed the tax from those who can least afford it to those who can.” One of the key recommendations in the recent Grimsey Review into the UK retail sector is the reintroduction of the 2015 business rates revaluation, following the Government’s decision to delay it until 2017. Mr BatchelorWylam said: “The postponement means businesses will continue to pay rates based on property values in 2008, instead of current values, which are often considerably lower.” Colliers International has lobbied against Communities Secretary Eric Pickles’ decision to defer the business rates revaluation until 2017 and supports many of the recommendations in the Grimsey Review, An Alternative Future for the High Street, published by Bill Grimsey – the former chief executive of Iceland and Wickes. Commercial property specialists Colliers International were consulted on the report’s business rates aspect of the report. For more, contact Ben Batchelor-Wylam, Ratings specialist, Colliers International, on Bristol 0117 917 2000
4 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 26 2013 WESTERN DAILY PRESS
WDP-E01-S3
Communication is the key to success The South West Contact Centre Forum is an industry-led employers’ forum which delivers extensive support for an industry generating millions for the regional economy each year In the last decade, the industry has seen significant growth despite the economic downturn, now with over 250 centres across the South West, employing around 50,000 people. It represents clients in the highly professional and regulated areas of financial and professional services and boasts some of the biggest companies in the UK. Brands such as Dyson, EE, Nationwide, RAC, LV= and EDF are all based here in the South West, thanks to their contact centre operations, which provide an attractive and rewarding career path for the region’s talent. Jane Thomas, managing director of the South West Contact Centre Forum, says whatever the size of your operation benchmarking, networking and innovation are crucial in today’s market. The South West Contact Centre Forum offers strategic advice and partnership for the more than 250 contact centres and their staff across the South West.
What some of the businesses who’ve benefited from the South West Contact Centre Forum have to say ...
Suzanne Avent – Capita Membership of the forum is invaluable in terms of understanding best practice within the region. The regular forums provide the opportunity to hear about the latest innovations within this diverse and ever-changing sector and to hear from industry and awardwinning experts. The forum really does champion all that is good about the contact centre industry and I have personally increased my knowledge through membership. The annual awards are also not to be missed.
Hussain Bayoomi – Bristol News & Media The forum has a unique role in bringing together likeminded people from across the region. The industry has suffered from bad press and practice, but it is packed full of talented, hard-working individuals who, with the support of the forum, have a platform in which to showcase their talent. Also, as an employer I struggle to find the level of staff required for a business that is completely outbound in nature, therefore being able to build contacts has been really beneficial.
Steve West – Jaywing One of the wider benefits of the forum is the open sharing of knowledge, best practice and innovation by industry-recognised thought leaders in customer service, marketing and sales. If you are personally involved in any form of customer contact this insight is priceless – especially if you want to stay ahead of your competitors and deliver a great customer experience. Being able to speak with like-minded professionals in an informal environment reaps huge rewards for our business.!
Annette John – NHS director Membership of the forum is invaluable in providing opportunities for networking, sharing best practice, benchmarking, and promoting the benefits of your contact centre and the service it delivers to an organisation. The forum works hard to promote the industry and the competitive advance of the resources available to support the delivery of exceptional customer experience, increased revenue and organisational effectiveness.
Gareth Rayworth – EDF We’re lucky. Our region has some of the best contact centres in the UK that create and develop market leading, innovative solutions. Membership gives me direct access to amazing best practice and market intelligence. Whether I’m launching an initiative, building a business case or challenged with a difficult problem, the forum’s network gives me the help and advice I need. For that reason, membership of the forum is one of the first things that go into the budget every year.
Angela Yates – tmp.worldwide The forum provides a fantastic opportunity for contact centre leaders to network, share best practice and innovation within the South West. For me the forum has delivered real benefit within my population of team managers, trainers and contact centre managers. We have also identified new local suppliers who have added real value to our business.
Karen Wenborn – Customer Experience Evangelist, Multi Channel and Multi Media Joining the forum delivers benefits for both individuals and companies. From role enrichment via the range of special interest groups, to “ask an expert” questions answered by panel, to a place where you can share knowledge and experience on all things contact centre. This includes social media – one of the hot topics in customer service at the moment. And let us not forget the magnificent awards programme!
Katy Forsyth – Red Recruitment Through its many activities such as the annual awards, jobs fairs and specialist working groups, the forum successfully promotes the sector as an industry of choice and helps to give the industry the profile and recognition that it deserves. I personally benefit greatly from membership as the forum allows me to regularly meet with my industry peers to help to continue to build my industry knowledge and stay at the forefront of the industry’s developments.
Fran Hudd – Motability Operations The forum is a great opportunity for contact centre staff in the South West region to come together to share best practice and learn from one another. Being part of the forum also allows us to collectively raise the profile of the contact centre industry across the region and demonstrate what an exciting industry it is to be a part of ! The awards programme is also excellent!
50,000 Number of people employed in the region’s 250 contact centres
Through the South West Contact Centre Forum you can be apart of a dynamic business community where you can share ideas and identify new opportunities for your business. Jane says the forum’s programme of seminars, workshops and special interest groups keep members in touch with the issues most relevant to their business and develop the skills and techniques needed to improve performance across all functions. She said: “As industry champions we are committed to driving up standards and we strive to recognise and reward high standards of professionalism among our members. “This is most evident through our annual South West Contact Centre Awards, which provide a fantastic showcase of best practice across the industry.” Sandra Busby, who is co-director of the South West Contact Centre Forum and managing director of the Welsh Contact Centre Forum, said: “Fora are vital in supporting new and existing businesses. “We are in a pivotal position to give advice, support and guidance to new and established contact centres to enable them to operate at the highest level in the South West of England.”
‘As industry champions we are committed to driving up standards and we strive to recognise and reward high standards of professionalism among our members’ Jane Thomas, SWCCF founder
SWCCF events for this autumn include:
Nationwide and the RAC are just two of the high-profile businesses that maintain contact centres in the West Country
Team Leader Group – September 25 Regional Performance & Quality Framework – September 25 Quarterly Forum Meeting – September 26, South Gloucestershire Council
Trainers Group – October 10 Contact Centre Managers Group – October 17 Contact Centre Jobs Fair – October 23 Regional Performance & Quality Framework/ Social Media Group – November
Public Sector Group – November 14 Regional Recruitment Roundtable – November 21, Exeter Quarterly Forum Meeting – November 28, UCAS
WDP-E01-S3
Auto lease firm secures deal with trainers
Inventor’s corkscrew idea’s proving an online hit
33
Number of vehicles in Lifetime Trainings’s ALD Automotive deal
Pay less tax on your ideas Companies can learn about tax breaks on their ideas through a free workshop. The Gover nment’s patent box incentive enables companies to get a lower corporation tax rate of 10 per cent on profits tied to patents. Smith & Williamson is holding an event in association with HM Revenue & Customs to explain the scheme on Tuesday, October 8, at the firm’s Portwall Place office. Speakers include Dave Mouncey, a Smith & Williamson partner, Neil Watkins, HMRC and Gary Townley from the Intellectual Property Office.Email rebecca.walford@smith.williamson.co.uk.
Doubts over US moves keep markets quiet YESTERDAY IN THE CITY
Bristol-based ALD Automotive, one of the UK’s largest vehicle leasing companies, has secured a new three-year contract to supply fleet management services to one of the country’s top training providers, Lifetime Training – also based in Bristol. Lifetime has placed an initial order of 33 vehicles with ALD for its network of trainers based across the UK, with the potential for a further 300 more orders over the next three years. As Lifetime’s exclusive supplier of fleet management services, ALD will provide the business with a fleet of company vehicles combined with a range of services, including in-vehicle telematics and driver licence checking for both company drivers and staff using their own vehicles for business travel. Based on ALD’s expertise and experience, these services will
enable Lifetime to effectively manage its fleet operating costs. Mel Dawson, managing director of ALD Automotive, said: “Lifetime Training has staff who provide training to over 3,000 businesses and sites across the country and we’re delighted to have the opportunity to work in partnership with the team and to help them meet their operational objectives. This is one of a number of exciting new deals we’ve won in recent months. Lifetime delivers training programmes including apprenticeships and management courses to over 15,000 learners a year across a range of subjects and industries. Peter Mitchell, finance director at Lifetime Training, said: “We chose ALD due to its experience in the industry, its product offer and its firstclass customer service.”
WESTERN DAILY PRESS THURSDAY SEPTEMBER 26 2013 WEST COUNTRY BUSINESS 5
When former Dyson designer Phil Bommer needed something to test out his latest creation, he looked no further than his neighbour’s recycling bins. The dad-of-two and part-time lecturer at the University of the West of England, from Bristol, was inspired by his former employer’s reinvention of the vacuum cleaner to turn his hand to another household staple, the corkscrew. After two years of product development, the 43-yearold needed money to continue and turned to crowdfunding website Kickerstarter. To Phil’s delight, he reached his initial target of £7,000 in two days. ‘I’m excited and overwhelmed by the scale of the response and people's generosity,’ he said
European cycle enthusiasts celebrate unique design Uniquely styled Pedersen bicycles were pedalled into Dursley to mark the 120th anniversary of their patent. More than a dozen riders from Germany and Holland arrived in the Gloucestershire town to celebrate the safeguarding of the bike’s design by Danish inventor Mikael Pedersen in 1893. The cycles were manufactured by RA Lister and Co Ltd in Dursley until the start of World War One and are now experiencing a revival
Club’s showing strong form off the pitch
Aviva Premiership rugby union team Gloucester’s financial results are looking sturdy. The club’s annual figures represent the club's third consecutive year of profit growth with pre-tax levels rising from £302,635 to £305,336 in the year to June 30. Turnover also climbed year on year, from £11.3 million to £11.6milion at the club which are hosting matches at their Kingsholm Stadium, above, during the 2015 Rugby World Cup. Gloucester Rugby are currently in ninth position after three games this season
Blue-chip shares were flat yesterday amid doubts over US stimulus plans and debt talks that kept investors on the sidelines. An upbeat assessment of the UK economy from a leading central banker failed to offset uncertainty over US monetary policy, with the FTSE 100 Index climbing just 14.1 points to 6571.5. Ripples from the US Federal Reserve’s recent decision to continue pumping 85 million US dollars (£53 million) a month into the world’s biggest economy left traders wondering over the timeline for tapering the stimulus programme. Lack of progress on raising America’s debt ceiling and the US central bank’s gloomier outlook for growth also dampened enthusiasm for stocks. There were mixed signs from Europe as German business optimism, though improved, was slightly below expectations, while reports indicated the European Central Bank remained wedded to stimulus measures. Markets were up in Germany and France. In New York, the Dow Jones Industrial Average was flat in early trading. At the close in London, the pound was flat against the
6571.5
POUND ABROAD EURO DOLLAR AUSTRALIA BRAZIL CANADA CHINA
1.13 euro 1.53 dollars 1.62 dollars 314 reals 1.57 dollars 8.75 yuan
HONG KONG 11.76 HK dollars INDIA 88.27 rupees JAPAN 149.98 yen SOUTH AFRICA 14.78 rand SWITZERLAND 1.39 francs TURKEY 3.00 lira
An investor watches stock prices in China’s commercial capital Shanghai, where your pound is worth 8.75
2 world firsts Simon Wilshire CIMA T4 - March / May 2013
fi.co.uk
Fiona Walker ICAEW
Advanced Stage Business Change - July 2013
3 regional firsts
Samantha Barnes (2 papers) Tom Foster (1 paper) ICAEW Professional Stage - June 2013
100% pass rate
ICAEW Advanced Stage & Case Study for all our first time students - July 2013
92% pass rate
ACCA approved rate for all papers by first intuition Bristol students - June 2013
First Intuition Bristol, 6th Floor City Point, BS1 6PL
The FTSE 100 Index’s closing figure after climbing 14.1 points
greenback at 1.60 US dollars and against the single currency, at 1.19 euros. The lethargic mood in the City came despite Bank of England rate-setter David Miles saying recent UK economic data was “overwhelmingly positive”. Mr Miles also dampened speculation over interest rate rises, saying that while Britain’s performance was improving, recovery remained “embryonic”. Meanwhile surging credit card and mortgage borrowing figures from the British Bankers’ Association showed home loan approvals hit the highest level since December 2009, suggesting rising confidence – but this also failed to ignite markets. In a thin day for corporate news, miners were among the heaviest top flight fallers on softer commodity prices. Fresnillo was 42p lower to 971p, while Randgold Resources waned 128p to 4493p. The biggest risers on the FTSE 100 were Sports Direct, up 15p to 709p, Coca-Cola HBC up 39p to 1864p, Barclays climbing 5.1p to 271.4p and Vodafone up 4p to 213.1p. The biggest fallers on the FTSE 100 were Carnival, down 134p to 2258p, Fresnillo off 42p at 971p, Randgold Resources down 128p to 4493p and Anglo American down 28p to 1545.5p.
Too MuCh WaShing & iRoning? Send it to us
Shirt Service Loads of all Sizes Service Wash Commercial & Domestic Wash Pick up & Return
20% DiSCounT on your first visit with this advert
0117 300 9983
www.soapsuds.biz info@soapsuds.biz Soap Suds unit 2 172 Wells Road Totterdown Bristol BS4 2aL
6 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 26 2013 WESTERN DAILY PRESS
WDP-E01-S3
Place an advertisement by phone 0844 406 0268 by email jobs@localworld.co.uk by fax 0844 406 0270
Working for South West. westerndailypress.co.uk/jobs
Do you believe you can make a big difference to our team?
Supported by
Tele Sales Exec £competitive
A
re you hardworking and a team player? Do you enjoy a challenge? Then we would like to speak to you.
W
e are looking to recruit a Multi- Media Tele Sales Executive to join our dynamic and inspiring team. You will be part of a team responsible for selling print and online advertising for our award winning publications.
Sometimes, in business, actions speak louder than words...
T
he successful candidate will build excellent rapport with both customers and colleagues, be highly organised and able to juggle multiple challenges.
C
• 25 days holiday pro rata • Competitive bonus scheme For an application form, please contact j.bates@bathchron.co.uk
losing date for applications 2nd August 2013.
JOBS IN SKI RESORTS Interviews in
Bristol 2 , 16 & 30 Oct
Scan here for a fantastic sales opportunity across Bath & Bristol
Inghams, Esprit Ski and Ski Total are looking for lively, motivated, enthusiastic, team players to work the 2013/14 season Resort Managers Hotel Management Resort Reps Chefs/Cooks/Assistants Children’s Reps Nursery Nurses For more details and to fill in an application form visit us today at our website
workaseason.com
Or call
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. 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
It works
7 in 10 job seekers would consider applying for a job if they came across one in the local media.
Source: The Wanted Ads - Jobs - 2009
01483 791010
It works
WDP-E01-S3
WESTERN DAILY PRESS THURSDAY SEPTEMBER 26 2013 WEST COUNTRY BUSINESS 7
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. General Vacancies Part Time
FABRICATOR/WELDER Almondsbury Forge Works Ltd, Elberton, Bristol, BS35 4AQ £10-£11/hour experience dependant 8.00 am - 4.30 pm, Monday to Friday 40 hours per week 20 days holiday per annum plus bank holidays Must have a full driving licence as you need to drive a company vehicle to site locations. Must be fully experienced and skilled in Arc and MIG welding and able to communicate effectively for health and safety reasons. Duties include site measuring, fabricating/ welding gates, railings, staircases, balconies and welding repairs. Experience in forgework an advantage. CVs to Jackie Jones at info@almondsburyforge.com
Warehouse & Distribution Vacancies
Drivers Required (Self Employed) Living in the Bristol and Bath and BS & BA area codes. All licence types. We are looking for resourceful people to join our network of drivers moving vehicles all over the UK. Work nationwide. Hours to Suit F/T or P/T. Full training given, Must have held a full UK driving licence for 5 years and be prepared to make own travel arrangements where necessary.
For more details call BCA Logistics on 08447420747 or Email us at Recruitment@bca-logistics.co.uk
Henry Ling Limited in Dorchester
EARN £300-£700+ Part time per month. Delivering & collecting catalogues. Team Leaders also required. Call 01452 347864 www.cash4work.co.uk
To fill your vacancy call 0844 406 0268
Has a vacancy for Indigo operator on shift to include nights. Indigo experience preferred and printing industry experience essential. Please apply to H M Kennett - email linda@henryling.co.uk. Closing date 03/10/13
Carers Vacancies
It works
It works Construction Vacancies
INSTALLATION ENGINEER Required for Satellite, TV and Aerials. Must have driving licence and interest in home entertainment. Working in Bristol, Bath and surrounding areas.
Call Tony Hucker TV Services 01275 332888
Plumber (Gas Safe) To install Walk In Showers around the Bristol Area Good Rates
More than a quarter of people found their most recent job through local media
Contact Shirley on
07462 216474
It works
Source: The Wanted Ads - Jobs - 2009
It works
We fill 86% of all vacancies
Source: Figures based on average responses, Publisher’s response report survey. Feb 2011.
£49 Fill your part time vacancy for less than a full tank of petrol
It works
It works
8 WEST COUNTRY BUSINESS THURSDAY SEPTEMBER 26 2013 WESTERN DAILY PRESS
Shares
WDP-E01-S3
FTSE 100 Index
6600
WEDNESDAY
6580 6560
West stocks highlighted
6540 Close - Down 19.93 at 6551.53
6520
8
10
9
11
Major movers
Price
+/-
AEROSPACE & DEFENCE Avon Rubber 534 +61/2 BAE 4611/4 +103/8 Chemring Group 3113/4 -2 Cobham 2923/4 -5/8 1 1 Meggitt 553 /2 -3 /2 QinetiQ 1951/2 +21/2 Rolls-Royce 1122 -10 Senior 2713/4 -11/8 Ultra Electronics 1922 +13
Year High
534 4611/4 3531/4 3073/4 564 2111/8 1240 2883/8 1981
Year Low
297 /2 3003/4 217 1901/8 3661/4 179 843 1857/8 1505 1
AUTOMOBILES & PARTS GKN 349 +13/8 3603/4 201 Torotrak 271/2 361/2 231/2 BANKS Barclays Bk of Ireland HSBC Lloyds Banking Gp Royal Bank of Scotland Standard Chartered
273 18 684 1 75 /8 3723/4 1521
+11/2 3337/8 2147/8 197/8 73/4 -13/4 7697/8 5731/4 +7/8 78 37 +43/4 3723/4 2565/8 -151/2 18371/2 1380
BEVERAGES Barr (AG) Britvic Diageo SABMiller
529 -121/2 5881/2 4321/4 5801/2 -1/2 592 3491/8 1988 -311/2 21361/2 17391/2 32231/2 -71/2 3657 2599
CHEMICALS Carclo Croda Intl Elementis Johnson Matthey Porvair Synthomer Treatt Victrex Zotefoams
407 -3/4 501 3423/4 2712 -26 2841 2164 2445/8 -2 275 2041/4 2845 -22 2985 2190 2451/4 2981/2 133 2385/8 -17/8 2491/4 146 6061/2 -231/2 6321/2 329 1636 +6 1765 1322 1951/2 -1 225 1861/2
CONSTRUCTION & MATERIALS
Alumasc Balfour Beatty Boot (Henry) Boustead Clarke (T) Costain CRH Galliford Try Gleeson (MJ) Keller Group Kier Group Kingspan Group Low & Bonar Marshalls Morgan Sindall Gp North Midland Const Pochins Titon
135 -2 137 2837/8 -1/8 3203/4 188 -2 201 181/2 181/2 3 1 64 /4 +1 /4 643/4 2643/4 +41/4 306 1496 -3 1540 1031 +2 1070 352 +7 3543/4 1049 -10 1161 1687 +8 1687 10327/8 -13 10513/4 791/4 -1/4 80 182 +41/2 184 737 -9 746 1171/2 1471/2 1 29 /2 34 451/2 451/2
77 /2 2075/8 1231/2 181/2 40 2261/4 1090 678 130 543 1106 6085/8 50 85 508 95 20 22 1
ELECTRICITY
Drax Gp SSE
683 /2 -9 /2 717 /2 1489 -91 1676
507 1364
ELECTRONIC & ELECTRICAL EQ Dialight 1155 -6 1399 Domino Printing Sci 6361/2 -21/2 717 Eurodis Electron 1 1 Halma 561 +1/2 578 3 1 Laird 224 /8 249 /4 Morgan Advanced 311 +11/8 318 Oxford Instruments 1312 -8 1752 Renishaw 1808 +8 2081 1 Ross Group 1 /4 13/8 Spectris 2211 -14 2470 TT Electronics 1971/4 -11/4 200 Volex 1251/2 +1/2 1811/2 Xaar 7761/2 -1 898 XP Power 1375 1400
9991/2 522 1 4103/8 1 171 /8 2201/4 1209 1494 1 /2 1549 114 84 2461/4 876
EQUITY INV INSTRUMENTS Aberforth Smaller Cos 1000 Alliance Trust 4323/8 -13/8 Bankers IT 5701/2 -11/2 BlackRock Wld Mining 482 -61/2 British Assets Trust 136 -3 British Emp Secs&Gen 488 Caledonia Investment 1789 City of London IT 3651/4 -23/4 Dexion Absolute 1491/2 -11/2 Edinburgh Inv Tst 605 -2 Electra Private Equity 2231 +5 Fidelity Euro Value 1507 +7 Foreign&Colonial 3677/8 -17/8 JP Morgan Japan IT 245 -1/4 JPM Euro IT Gwth 209 -4 Mercantile IT 1397 -5 Merchants Trust 4941/4 -41/4 1 1 Middlefield Canadian 102 /2 + /2 Monks Inv Tst 3841/4 -23/8 Murray Income Tst 7751/2 -111/2 Murray International Tst 1125 -19 North American Inc 8501/2 -31/2 Perpetual Inc&Grwth 3557/8 -23/8 RIT Cap Partners 1257 -17 Scottish Inv Tst 580 -5 Scottish Mortgage 934 -3 SVG Capital 393 -21/8
655 3633/4 4203/8 4241/2 1163/8 437 1457 3033/4 137 4861/2 1767 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
1
1
1
1000 4641/4 5821/2 6221/2 1401/4 522 1935 3741/2 1515/8 621 2398 1515 383 246 213 1436 507 115 390 820 1245 9151/2 364 1285 606 937 416
Price
+/- Year High
Year Low
Temple Bar IT 1194 Templeton Emerging Mkts 5601/2 -51/2 Witan Inv Tst 6311/2
1232 678 644
956 514 474
FIXED LINE TELECOMS BT Group 3421/2 Cable & Wire Comm 391/2 + Colt Group 1181/2 +2 1 KCOM 90 /2 -1 Talktalk Telecom 2477/8 -43/8 Telecom Plus 1262 -43
348 /8 461/4 1351/2 911/2 276 1399
212 /2 341/4 931/2 681/4 1775/8 821
FOOD & DRUG RETAILERS Greggs 4381/8 +3/4 Morrison (Wm) 285 -25/8 Sainsbury (J) 3943/8 -35/8 Tesco 3607/8 -131/8 Thorntons 943/4 -3/4
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 648 Assoc Brit Foods 1861 Carr's Milling 1590 Cranswick 1172 Dairy Crest Group 4611/2 Devro 3233/4 Glanbia 8187/8 Greencore Gp 1471/4 Kerry Group A 38393/4 Premier Foods 1533/4 REA Hldgs 375 Tate & Lyle 7551/2 Unilever 2505
7
1
+2 7661/2 621 +5 2031 1289 +5 1590 909 -7 1189 7321/2 -101/4 5281/2 3397/8 -13/4 380 2897/8 -251/2 9293/4 5763/8 +71/4 154 80 -51/2 40427/8 31677/8 1 1 3 +10 /2 166 /2 59 /4 -10 505 3591/4 -121/2 883 6651/2 -19 2885 2252
FORESTRY & PAPER Mondi 1068
1102
614
GENERAL FINANCIAL 3i Group 3693/4 Aberdeen Asset Mgt 3851/4 Brewin Dolphin 270 Close Bros Group 1162 F&C Asset Mngmt 97 Guinness Peat 29 Hargreaves Lansdown 1012 Henderson Group 1911/2 ICAP 3883/8 IG Group 5841/2 Intermediate Capital 4493/4 Investec 4043/4 IP Group 140 London Stock Exchange 1568 Man Group 831/2 Paragon 3107/8 Provident Finl 1680 Rathbone Brothers 1581 Schroders 2573 Schroders NV 2153 Tullett Prebon 3445/8 World Trade Systems 41/2
-3/8 3871/2 -77/8 4921/8 283 -27 1189 -1 1103/8 331/2 -16 1040 -1/8 1921/4 -71/4 4221/4 -61/2 6131/2 -51/8 5011/2 -21/2 5131/2 +3/4 1585/8 -8 1652 -15/8 1343/8 +13/8 3545/8 -13 1773 +1 1691 +24 2631 +26 2174 -61/4 3957/8 41/2
2053/4 3081/2 168 830 90 231/2 6281/2 1071/4 2803/4 4163/4 2871/4 3583/8 1051/8 930 713/4 2057/8 1287 1208 1518 1176 219 41/2
GENERAL INDUSTRIALS British Polythene 631 REXAM 4853/8 RPC 4705/8 Smith (DS) 2833/4 Smiths Group 1391
+16 631 3721/2 -33/4 5471/2 4305/8 -23/4 4773/4 378 +1/8 2873/8 1843/4 -4 1412 1018
GENERAL RETAILERS Alexon 27/8 Ashley (L) 24 Beale 101/2 1 Brown (N) 522 /2 Caffyns 430 Carpetright 657 Carphone Whse 2241/2 Darty 71 Debenhams 1015/8 Dignity 1397 Dixons Retail 475/8 Dunelm Group 9751/2 Euro Home Retail 21 Findel 2381/2 3 Flying Brands Units 2 /8 French Connection 321/2 Halfords 3977/8 Home Retail 168 Howden Joinery Gp 2911/4 HR Owen 1671/2 Inchcape 612 JD Sports Fashion 1051 Kingfisher 3913/4 Lookers 1243/4 Mallett 80 Marks & Spencer 4951/4 Moss Bros Group 721/4 Mothercare 3831/4 Next 5140 Pendragon 341/4 Signet Jewelers 4395 Ted Baker 1901 Topps Tiles 94 WH Smith 8501/2
-9
27/8 -21/4 291/2 211/2 -61/2 577 450 -10 7011/2 +23/4 251 +1/2 881/4 +1/4 1233/4 -16 16871/8 +3/8 475/8 +231/2 1047 21 +43/4 2533/4 1 1 - /4 7 /8 +1/2 34 +7/8 406 -5/8 1751/8 -33/8 2961/4 1723/4 +11/2 645 -2 1053 -33/4 420 1 -1 /4 1281/2 841/2 -81/4 5131/2 747/8 -1/2 4923/4 -10 5205 351/4 -46 4934 +35 2017 +8 94 +9 8531/2
27/8 24 91/2 3 266 /8 365 585 162 39 783/4 9733/4 193/8 613 21 108 3 2 /8 223/4 2591/4 891/8 1475/8 61 3531/4 670 2621/4 711/2 611/2 3563/4 481/2 2083/4 3450 131/2 2990 899 46 6061/2
HEALTH CARE EQPMNT & SERV Bioquell 152 +51/2 160 130 Consort Medical 851 -1/2 863 6601/2 Smith & Nephew 773 +2 800 638 Southern Cross 61/4 61/4 61/4 Healthcare
Price
Synergy Healthcare United Drug
1083 332
+/- Year High
-9 1165 -1 3605/8
Year Low
913 217
HOUSEHOLD GOODS Aga Rangemaster 1241/2 -11/4 128 541/4 Barratt Developments 3183/8 -3 3551/4 1681/4 Bellway 1322 -1 1502 913 Berkeley Grp Hldgs 2060 +1 2340 1387 Bovis Homes 739 -131/2 8511/2 487 Gaskell 21/4 21/4 21/4 Headlam Group 3993/4 +13/4 415 295 3 1 McBride 121 /4 - /2 1463/4 101 Persimmon 1115 -8 1305 7341/2 Reckitt Benckiser 4527 -19 4950 3565 Redrow 2357/8 -3/4 2551/8 1527/8 Taylor Wimpey 1021/2 +1/2 1133/4 541/4 Victoria 2321/2 275 1871/2 INDUSTRIAL ENGINEERING Assoc Brit Engineering 135 Bodycote 664 -11/2 Castings 416 -4 Fenner 398 -9 Goodwin 3600 +20 1 1 Hill & Smith 467 /2 -6 /2 IMI 1449 -8 Melrose Ind 3033/8 -1/4 Molins 1701/2 MS Intl 205 Renold 39 +1 Rotork 2751 -18 Severfield-Rowen 62 -1/4 Spirax-Sarco 2997 +11 Tex Hldgs 73 Trifast 681/2 Vitec Group 681 -9 Weir Group 2378 -3 INDUSTRIAL METALS First Quantum Minerals 1172
+42
145 115 685 3451/8 450 291 4351/4 3057/8 3600 14871/2 480 364 1513 900 3123/4 2067/8 178 119 2621/2 1811/2 39 163/4 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 3011/2 -35/8 326 1953/4 Braemar Shipping 472 -23 495 350 Clarkson 2225 2225 1150 Fisher (J) 1080 -10 1148 748 Irish Continental Units 21117/8 -335/8 2196 14721/2 Ocean Wilsons 9671/2 -71/2 11571/2 8971/2 Stobart Gp Ord 1243/4 -1/4 125 741/2 UK Mail Gp 595 +25 645 2591/2 Wincanton 1021/2 +21/4 105 433/4 LEISURE GOODS Games Workshop 7951/2 +71/2 7951/2 601 Hornby 82 +11/2 871/2 551/4 Photo-Me 113 +1/2 113 463/4 LIFE INSURANCE Aviva Hansard Global Legal & General Old Mutual Prudential Resolution St James Place Standard Life
4093/8 118 2035/8 1901/2 1176 325 617 348
+53/4 +1/4 +13/8 -31/4 -3 +1/2 1 -3 /2 +21/2
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
558 1473/4 876 581/2 3063/4 66 102 1 862 /2 784 1145 14 190 1 /8 653/4 1 4 /4 530 2771/4 1751/8 141/2 144 1262 162 846 2309 246 233 1231/2 724 1861/2 211 1285
+2 570 3243/4 +2 149 102 -91/2 8991/2 709 +1 60 31 +1/2 324 2061/2 761/2 581/2 -1/4 109 751/4 8821/2 5021/2 -4 835 4511/4 -4 1209 7471/2 213/8 11 200 157 1 1 /2 /8 653/4 37 1 1 + /8 12 2 /2 -71/2 545 3801/2 +11/2 3073/8 1831/2 -21/4 1833/8 855/8 19 77/8 +1/4 221 134 -18 1350 1119 -1/2 1621/2 136 -4 8531/2 592 -23 2460 1436 +2 2621/2 91 +1 2483/4 175 3 1 1 - /4 128 /4 50 /2 -11/2 788 636 -41/2 195 1151/2 +3 211 1231/4 -7 1296 788
MINING Anglesey Mining Anglo American Anglo Pacific Res Antofagasta Hldgs Aquarius Platinum Avocet Mining BHP Billiton Bisichi Mining Coalfield Res Kazakhmys Kenmare Lonmin
4193/4 136 2035/8 2215/8 1232 336 6411/2 4213/4
2941/8 841/4 1313/8 1661/8 8011/2 2071/4 3671/8 2723/4
6 151/2 51/2 15771/2 +32 2072 1207 2011/2 +3 290 161 8551/2 +51/2 1381 7841/2 523/4 +21/4 751/4 36 151/4 +1/4 901/4 63/4 1 1865 +5 2236 1666 /2 1081/2 1261/2 95 63/8 -1/4 87/8 27/8 2927/8 +7/8 826 2333/4 28 +1/4 423/4 231/2 3327/8 +4 563 2531/2
Price
Randgold Res Rio Tinto Vedanta Res
+/- Year High
4550 +57 3139 +321/2 1107 -4
7775 3757 1335
Year Low
3972 2582 992
MOBILE TELECOMMUNICATIONS Inmarsat 7151/2 -1 749 5421/2 Vodafone Group 2171/4 +41/8 2171/4 1541/2 NONLIFE INSURANCE Admiral Grp 1229 +16 1416 1019 Amlin 4151/2 +141/2 4351/8 3641/8 Beazley 216 2423/4 167 Catlin Group 487 -2 5521/2 4551/4 Jardine Lloyd Thom 940 -5 9491/2 723 RSA Insurance Gp 1225/8 -23/8 1361/4 1073/4 OIL & GAS PRODUCERS BG Group 12041/2 -31/2 13501/2 10001/2 BP 4411/2 -3/4 4831/4 4165/8 Cairn Energy 2651/4 +53/4 2961/8 2513/4 Dragon Oil 588 -51/2 662 510 Fortune 10 + 121/2 71/8 JKX Oil & Gas 611/2 -1 81 481/2 Premier Oil 3305/8 -11/8 4001/4 3211/4 1 Royal Dutch Shell A 2044 -11 2309 /2 20251/2 Royal Dutch Shell B 2139 -11 2365 2098 Soco International 430 +11/8 430 3197/8 Tullow Oil 1053 -12 1468 977 OIL EQUIPMENT & SERVICES AMEC 1093 +2 1156 9651/2 Hunting 819 -41/2 941 716 Petrofac 1406 -3 1737 1194 -9 9151/2 7201/2 Wood Gp(J) 8101/2 PERSONAL GOODS Abbeycrest 11/2 11/2 11/2 Burberry Gp 1622 -10 1667 1000 3 Creighton 4 /4 51/2 11/2 Lambert Howarth 181/2 181/2 181/2 PZ Cussons 4173/4 -31/8 4321/2 300 Worthington Group 3 8 3 PHARMA & BIOTECH 3 3 Ark Therapeutics /8 - 35/8 /8 AstraZeneca 3209 -9 35211/2 27921/2 1 1 7 1 BTG 386 /8 -1 /8 397 /8 317 /2 Dechra Pharms 718 -41/2 780 569 Genus 1435 +20 1594 1284 GlaxoSmithKline 1596 -7 1782 13171/2 Hikma Pharmaceuticals 1051 +5 1112 7201/2 Oxford Biomedica 21/8 - 27/8 13/8 Shire 2477 -12 2593 1727 3 98 431/2 SkyePharma 98 + /4 Source Bioscience 91/4 121/4 91/8 Vectura 1101/4 -11/2 117 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
4371/4 15/8 5841/2 411/2 845 1175 3799 2380 200 1751/4 538 5071/2 293 685 3243/4 922 331/4 1611/2 64121/2 443 3221/2 3293/4 85 6161/2 1 35 /4 3081/4 591 871/2 2991/2 526 215 214 382
+21/4
445 15/8 1 - /2 658 42 845 +3 1260 +88 4179 -7 2542 +7 209 1 +1 /2 1871/2 -3 598 +3 554 +1 3021/2 695 +3/4 366 -5 994 331/4 1 - /2 162 65121/2 -7 500 3421/2 +1 3641/2 3 +1 /4 92 +101/2 6641/2 1 35 /4 +11/4 3135/8 +1/2 668 +1 901/2 -31/2 333 600 -10 225 -1/2 2161/2 403
SOFTWARE & COMP SERV Anite 1131/2 -3/4 DRS Data & Research 221/4 Electronic Data Proc 70 Emblaze 491/2 Fidessa Gp 2000 -9 Gresham Computing 130 -5 Innovation Group 291/2 -1/4 Invensys 5031/2 -1 Kofax 388 +5 1 Microgen 126 /2 Parity 373/4 +1/2 RM 109 -1/2 Sage Group 3351/2 -115/8 SDL 330 -2 Triad Group 115/8 +1/2 SUPPORT SERVICES Acal 275 +31/2 Aggreko 1597 -23 Ashtead Gp 6401/2 -11
162 23 721/2 61 2190 1401/2 301/4 5091/2 388 1551/2 44 1141/4 3871/4 670 161/2
312 15/8 506 223/4 685 6561/2 2706 1946 143 1051/8 4421/4 451 178 560 3005/8 7611/2 211/2 1311/2 4350 325 285 3121/2 51 3911/4 1 35 /4 2215/8 5221/2 721/2 194 500 1783/4 1571/2 2563/4 1095/8 151/4 471/2 43 1275 623/4 203/4 270 2603/4 112 181/2 64 3043/8 271 51/2
284 1573/4 2370 1557 730 3227/8
Price
Risers
▲ +/- Year Year High Greencore Low Gp
Price
Rise p
147 Workspace Gp 433 United Utilities Amlin 415 -8 1239 Fresnillo 638 1006 -6 1209 Ocado 918 Gp AIM 393 975 +4 939 Dunelm 544 Gp 1pm Daejan Hldgs 3799 -11/4 4821/4 Travis 2371/2Perkins 1661 21st Century Tech Systems 461 -8 1409 BAE1009 Cons Airl 600 Group340 -5 1057 Intl 713 1 4 3 8
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
1182 1191 9081/2 465 1350 1002 3187/8 63 2517 996 6321/2 2755/8 755 1216 2481/2 931/2 115 2575/8 504 5601/2 3361 93/8 148 1290 1951/4 5 357/8 1 26 /2 4183/4 794 6 4891/4 2925/8 4271/2 46 1080 2103/8 1813/8 1111/8 540 326 2625/8 554 96 1875/8 2081/2 65 174 352 1661 205 4941/2 49 3306
1 2
3 4 1 2
1 4 1 2
+13/4 3313/4 2443/4 +1 68 343/4 +3 2713 211/2 +9 1075 8911/2 -31/2 661 435 3 +2 /4 2807/8 200 -5 830 5081/2 -17 1288 980 -13/4 3131/2 2071/2 931/2 54 +21/4 115 751/4 -13/4 2935/8 1855/8 +4 5141/2 377 -71/2 5911/2 3491/8 -13 3453 2697 93/8 93/8 +21/2 148 1151/2 1345 940 -3/4 196 126 5 5 +1/8 36 213/4 1 32 21 /4 -33/4 4301/4 282 -1 805 573 6 6 +1 5021/2 3463/8 +21/4 3003/4 248 +2 435 2391/2 139 333/4 -2 1185 716 -33/4 2383/8 1651/2 -1/2 1933/8 96 +13/4 1111/8 811/4 -5 5561/2 3495/8 -3 329 1891/2 1 +4 /4 2741/4 1951/2 -4 6831/2 535 +3/4 98 73 -1/4 1933/4 99 +1 211 123 -1/4 651/2 29 +3 174 79 -2 370 280 +38 1713 1041 -11/2 2061/2 921/4 -23/4 499 313 +1 551/2 361/2 -37 3483 26365/8
TECH HARDWARE & EQUIPMENT ARM Hldgs 994 +1 1097 BATM Adv Comms 161/2 +1/8 21 3 3 Bede /4 /4 CML Microsystems 530 550 CSR 5061/2 -51/2 607 Filtronic 643/4 +1/2 831/4 Imagination Tech 350 -5/8 552 Northamber 341/2 -1 361/2 Pace 2657/8 -5/8 3191/4 3 3 Plasmon /8 /8 Spirent Comms 1291/4 +21/8 1691/4 Vislink 481/2 -1/4 491/2 Wolfson Microelectronics 175 -1/2 2261/4 TOBACCO British Amer Tobacco Imperial Tobacco
3304 -211/2 2280 +23
TRAVEL & LEISURE 888 Holdings 1643/8 Air Partner 480 Bwin.Party Digital 120 Carnival 2106 Compass 830 easyJet 1303 Enterprise Inns 146 FirstGroup 1211/2 Fuller S.T.A. 915 Go-Ahead Gp 1652 Greene King 8061/2 Intercontl Htls 1820 Intl Cons Airl 3401/2 Ladbrokes 1881/8 Marston's 1515/8 Millennium & Copth 555 Mitchells & Butlers 4283/4 National Express 2551/2 Paddy Power 50061/4 Punch Taverns 15 Rank Group 1591/8 Restaurant Grp 537 Ryanair Hldgs 5461/8 Sportech 84 Stagecoach 3247/8 5 Thomas Cook 155 /8 TUI Travel 3563/8 Wetherspoon (JD) 733 Whitbread 2937 William Hill 4041/2 UTILITIES Centrica Dee Valley National Grid Pennon Group Severn Trent
571 133/4 3 /4 315 3163/4 303/4 2351/8 271/2 159 3 /8 118 245/8 140
3784 30691/2 2534 2120
-17/8
186 91 495 241 1 - /4 156 101 /4 -152 2628 2106 -71/2 9101/2 6711/2 +5 1448 580 -2 1533/4 621/4 +11/8 2511/4 92 +8 969 716 -18 1670 1220 +13 8971/2 587 -18 2039 1524 +71/2 3401/2 149 -3/8 2431/8 171 -3/4 1651/2 1141/4 -4 5821/2 456 -13/4 460 2871/4 3 -1 /4 2747/8 1641/2 -587/8 59317/8 45683/4 151/2 61/8 -17/8 1771/2 1371/4 -61/2 575 355 +45/8 6291/4 3701/4 -1 108 603/4 -11/8 3375/8 2657/8 +1/2 1705/8 16 -1/8 4011/2 232 -61/2 767 481 -55 3303 2263 -61/2 4941/2 316 3
3755/8 -211/8 4021/4 3103/4 1440 -5 1470 1325 7371/2 -9 8471/2 682 7011/2 +1/2 7341/2 598 1795 -16 2090 1513
+7 +18 +14 +35 +12 +23 +88 +38 +10 +7 1 4
3 4 1 2
3 4 1 2
3 8
1 2
12
1
Fallers ▼
% rise +/- Wk% chng Year Price Year High Low Carnival +5.14 +1.17
+4.51 6951+3.62 /2 -71/2 +3.60 +3.36 +2.47 421+2.37 /2 67+2.34 /8 +1/8 1+2.31 /4 17+2.25
-0.37 1 787 /2 +3.49 -0.20 -2.36 +0.72 7 45 /8 -4.02 +3.75 16 +3.90 5 17 /8 +5.35
2
3
Price
Fall pPrice % fall +/-
2106 SSE 1489 647 Centrica 375 Oxeco Tesco 360 Panmure Gordon & Co Sage Group 335 Telecom Plus Patagonia Gold1262 131Barr /4 (AG) Paternoster Res529 Close 1162 5 Brothers Penna Consulting662 Polymet Int 93Fenner /8 Pennant Intl 398
Abbey 7391/4 7511/2 528 54 Advanced Medical S 901/4 -3/4 921/2 Alkane Energy 371/2 -2 411/4 201/4 Alliance Pharma 363/4 +1/4 381/2 275/8 Amerisur Resources 441/2 +11/4 58 341/2 Aminex 21/2 -1/8 53/4 2 1 1 Andrews Sykes 269 /2 269 /2 1861/2 5 3 Antisoma 1 /8 2 1 /8 Aortech 703/4 125 411/2 API 701/2 92 543/4 Ashley House 185/8 +1 185/8 107/8 ASOS 5180 -70 5701 2135 51/8 21/4 Aukett Fitzroy Robinson 51/8 Avanti Capital 531/2 781/2 531/2 Avesco Gp 212 +1 2271/2 154 Bailey (CH) 200 2031/2 1521/2 BCB Holdings 161/4 213/4 131/2 Berkeley Mineral 21/4 31/8 21/4 Resources Best of the Best 49 611/2 20 Billington Hldgs 96 96 38 1 1 1 552 /2 472 /2 Braime (TF & JH) 'A' N/ 552 /2 Vtg Capital Mngt & Inv 200 200 32 Celtic 635/8 66 361/4 1 1 1 Chamberlin 111 /2 +2 /2 187 /2 76 Clean Energy Brazil 63/4 +1/4 71/4 41/4 1 1 1 7 Clear Leisure 3 /8 - / 8 5 /2 2 /8 Coal of Africa 83/8 +1/8 23 71/8 Colefax 2921/2 2921/2 2221/2 Concurrent Tech 43 541/2 40 Connemara Mining 51/8 -1/8 91/4 51/8 Company CPL Resources 5071/2 5071/2 2621/2 Crimson Tide 11/2 11/2 11/8 Cropper (J) 355 355 1701/2 Daisy Gp 1421/2 +21/2 1431/2 85 Dart Group 2451/4 +101/4 2691/4 76 Densitron Tech 57/8 -1/4 93/4 51/4 1 Dewhurst 500 542 /2 410 Dewhurst A 275 +21/2 3721/2 2721/2 1 Dillistone Group 109 /2 +11 1091/2 661/2 Dolphin Capital Investors 381/4 +1/4 391/4 223/4 Ebiquity 120 1211/2 92 Eckoh 243/8 -1/4 243/4 133/4 Eco Animal Health 219 270 215 117/8 65/8 Egdon Resources 101/4 3 Eleco 18 /4 211/2 7 Eros Intl 263 -2 277 1871/2 Faroe Petroleum 1321/2 -11/2 1633/4 1051/2 5 3 Feedback /8 1 /8 FII Group 63/4 63/4 63/4 Finsbury Food 711/2 -11/4 773/4 35 Fletcher King 301/2 311/2 25 1 Forbidden Technologies 35 35 18 /2 1 1 3 Futura Medical 70 /2 + /2 80 47 /4 Fyffes 631/2 651/2 37 Global Energy 991/2 1221/2 69 Gooch & Housego 565 +5 574 415 321/2 181/2 Grafenia 211/2 Great Eastern Energy 200 2731/2 1971/2 7 7 Green Compliance /8 8 /8 Griffin Mining 29 381/2 261/2 GW Pharmaceuticals 77 -11/8 821/4 391/2 Hampden Underwriting 125 125 76 Havelock Europa 183/4 -35/8 223/8 111/4 1 1 Hayward Tyler 55 -1 /2 56 /2 14 Heavitree Brewery 325 3371/2 325 1 1 192 /2 175 Heavitree Brewery A 177 /2 7 Helphire Grp 53/4 +1/4 53/4 /8 Highland Gold Mining 72 -2 121 521/2 Hirco 20 523/8 191/4 Hydro Intl 1131/2 -1/2 126 871/2 I S Solutions 45 461/4 361/2 ILX Group 8 -1/8 133/4 7 1 1 3 /8 /8 /8 Imaginatik 1 3 5 7 Independent Res 7 /4 + /4 11 /8 4 /8 IndigoVision 3231/2 -21/2 5421/2 290 239 1311/2 Interior Services 2381/2 Iomart 297 -73/4 319 182 1 James Halstead 293 /2 +7 669 2373/4 Jelf Group 86 941/2 591/2 Johnson Service 511/4 -1/4 513/4 311/2 Latham (J) 390 -9 399 270 1 1 1 /8 /4 /8 Leed Petroleum Lok'n Store 1711/2 +21/2 1711/2 1111/2 London Capital 341/2 64 271/2 London Security 17721/2 18121/2 16871/2 1 3 1 M&C Saatchi 316 /2 +4 /4 316 /2 1691/4 Majestic Wine 530 +11 530 397 13/4 Mercer Resources 11/8 Metro Baltic Horizons 113/4 131/2 33/4 Mirada 10 +1/4 141/2 87/8 Miton Group 401/2 -2 421/2 203/4 Mulberry Group 979 +25 1449 850 1 Nanoco Group 178 - /2 199 565/8 Nasstar 11 -1/8 133/8 93/4 Nationwide Accid Repair 62 +121/2 78 481/2 Netcall 391/2 -11/4 431/4 28 Next 15 Comms 93 115 791/2 Nichols 1221 -4 1237 790 Nighthawk Energy 10 +3/4 111/4 3 3 5 /8 - 11/8 /8 North River Resources 3 1 3 1 Northern Bear 18 /4 + /4 18 /4 11 /2 Numis Corp 251 +5 251 973/4 Optimal Payments 2701/2 +1/4 275 861/2 Ottoman Fund 31 37 31
5
7
1
8
8
2
1 8 1 8 5 8
1 2
Personal Group 4411/2 Petra Diamonds 119 Petrel Resources 153/4 Pittards 21/8 Portmeirion 6921/2 Prime Active Cap 71/2 Prime Focus London 37/8 Prime People 76 Publishing Technology 470 1 Pursuit Dynamics 22 /2 Qihang Eqpt 63/8 Qonnectis 311/2 RAM Active Media 2 Rangers Intl 491/2 Real Good Food 51 Redhall Group 44 7 Redstone /8 Renew Holdings 144 1 RGI International 131 /4 Rockhopper Exploration 1261/4 RSM Tenon 11/8 RTC Group 15 Sabien Technology 281/2 Safeland 21 Sagentia Gp 1421/2 Scapa Group 93 SciSys 821/2 Services Power Tech 53/8 Servoca 33/4 Sinclair (Wm) 121 Sirius Minerals 93/4 Slingsby (HC) 400 321/2 Software Radio Technology Sopheon 102 SPDI Secure 681/2 Statpro 821/2 Sterling Energy 345/8 Stilo International 41/8 Strategic Natural 107/8 Resources Sutton Harbour 251/4 Swallowfield 821/2 Synetics 490 Taliesin Property 1580 Tasty 99 Tawa 17 Telford Homes 294 Telme Group 1181/2 Ten Alps 11/4 Terrace Hill 231/4 Thorpe (FW) 1211/2 Total Produce 66 Trakm8 Hldgs 20 Transense Techs 75/8 1 Travelzest /2 1 Turbo Power Systems /2 TVC Holdings 47 Ultima Networks 1 3 Univision /4 7 URU Metals 1 /8 Vernalis 283/4 Vertu Motors 511/2 1 VPhase /8 Walcom Group 3 Walker Greenbank 156 1 Weather Lottery /8 West African Diamonds 1 WYG 1073/4 Wynnstay Group 570 Wynnstay Props 275 XXI Century Inv 17/8 Young Brewery A 10021/2 Young Brewery N/Vtg 6971/2 Zincox Resources 181/4 Zoo Digital 83/8
Wk% chng Year Year
Low -6.73 High-12.29 -5.76 -4.31 -5.32 -5.06 1 83/4 -3.50 14 /2 -4.60 1071/2 -3.34 225 -4.12 -3.30 -1/4 301/4 -6.79 8 -2.31 5 -1.311 /8+2.92 /4 -2.27 1 +6 /2 93+1.22 621/2 -2.22 -2.21 +1/2 891/2 -0.4838
-152 -91 -21 3 -1311 /8 1381/2 -11 -43 121/2 -12 3 /8 -27 -15 93 -9871/2
BRITISH FUNDS Consol 21/2% 58 Consol 4% 9313/32 Conv 2.5% 80 5813/32 Tres 21/2% War Ln 31/2% 8219/32 Tres 8% 15 1161/2 Tres 21/2% IL 16 3421/2 3 Tres 8 /4% 17 1287/8 Tres 8% 21 14013/16 Tres 5% 25 121 Tres 6% 28 1345/8 Tres 41/4% 32 1129/16
cls
4
+11/2 4431/2 +1/4 132 271/8 +1/8 25/8 705 71/2 93/4 76 +55 470 1 81 /4 131/2 34 121/2 1 -1 /2 93 +2 51 -1 75 103/8 +8 146 1355/8 +2 1751/2 73/4 17 42 21 1441/2 1 1 + /2 95 /2 821/2 -1/8 61/8 37/8 -11/2 1621/2 1 - /2 291/4 550 -1 361/4
320 993/8 53/8 17/8 485 5 33/8 461/2 951/2 9 61/4 25 2 411/2 36 411/2 3 /4 761/2 1 91 /8 1123/4 7 /8 11 20 51/4 821/2 611/2 57 33/4 23/8 114 93/8 400 177/8
150 77 1091/2 -1 431/2 47/8 -1/2 28
741/2 601/8 731/2 34 35/8 1 10 /4
35 120 1 497 /2 16471/2 -1/2 104 -3 451/2 -41/2 3331/2 +1 1181/2 23/4 3 - /4 25 136 1 67 /2 23 13 1 - 6 /4 7 /8 84 11/4 11/8 35/8 31 +1/4 533/4 7 /8 3 160 1 /4 31/4 -1/4 108 5781/2 275 41/8 1 +12 /2 10821/2 -21/2 7271/2 57 +3/4 21
213/4 721/2 2721/2 1065 501/2 17 1301/2 86 11/8 93/4 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 /2 3921/2 2721/2 15/8 6621/2 5271/2 141/2 61/4
+13/32 +27/32 +19/32 +7/16 +5/8 +1/32 +9/32 +5/32 +15/32 +17/32 +3/4 +23/32
68 10029/32 9117/32 713/4 959/16 1245/8 3537/8 1397/32 15425/32 13413/32 1517/32 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 Lloyd’s of London, Moss Bros Trading updates Compass, Mitchells & Butlers, Thomas Cook, TUI Travel TOMORROW Interims Harvey Nash