Business 24 October 2013

8
1 WDP-E01-S3 Business Hotel chain in administration BY JEFF WELLS [email protected] 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 admin- istrators Zolfo Cooper were ap- pointed to take control of Hollybush Hotels, trading as It also operates Harrisons Hotel in Shepperton, Surrey, and the Sand Bay Leisure Resort at Weston-super-Mare. It employs 300 staff and ad- ministrators 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 cam- paign to keep supermarket giant Tesco from building a store on the site of the hotel, on Horsecastles Lane. Road to Hinkley One of the West’s leading busi- nesses received a visit from Lord Green, Minister for Trade and Investment, yester- day. 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 West- minster 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 pre- production facilities where the company designs its ma- chining and assembly pro- cesses to ensure efficient pro- Minister visits to inspect top export firm duction of its products. He also saw progress being made on the construction of a new building that will provide ex- pansion for additional re- search and development activ- ities, 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 metal- working industry, where it successfully launched a new high speed, high accuracy con- tact 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.” Lord Green visited Renishaw in Gloucestershire on a trip to the West yesterday Martyn Leisure Breaks. In Dorset it also runs the Prince Regent and the Russell hotels in the seaside resort of Wey- County celebrates its year of business success after shot in the arm Pages 4&5 Which new West business is banking on Didier Drogba? Page 6 NEWS ON THE GO print | online | mobile westerndailypress.co.uk GET THE LATEST NEWS & SPORT WHEREVER YOU ARE - 24/7 Mr Neal said “Keeping the hotel was one of the main reas- ons 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 cus- tomers before it was appoin- ted. 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 The Sherborne Hotel at risk ‘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 compet- ition.

description

Business Western Daily Press, County celebrates its year of business success after shot in the arm. Which new West business is banking on Didier Drogba?

Transcript of Business 24 October 2013

Page 1: Business 24 October 2013

1W

DP-E01-S3Business

Hotel chain in administrationBY JEFF [email protected]

The parent company of a smallchain of West Country hotelshas gone into administration.

The Sherborne Hotel, in theDorset town of the same name,is among those affected. Itcomes only weeks after it wasclaimed the hotel’s future waslooking bright.

The hotel could now be puton the market after admin-istrators Zolfo Cooper were ap-pointed to take control ofHollybush Hotels, trading as

It also operates HarrisonsHotel in Shepperton, Surrey,and the Sand Bay LeisureResort at Weston-super-Mare.

It employs 300 staff and ad-ministrators were appointedon October 11.

Peter Neal, chairman of theKeep Sherborne Viable group,said: “It would be a greattragedy and very sad for thetown to lose the hotel.”

Mr Neal was part of a cam-paign to keep supermarketgiant Tesco from building astore on the site of the hotel, onHorsecastles Lane.

Road to Hinkley

One of the West’s leading busi-nesses received a visit fromLord Green, Minister forTrade and Investment, yester-d ay.

He spent the day inGloucestershire meeting localexport champion Renishawand other local businesses.

It exports some 22 per centof its turnover to China and isviewed favourably in West-minster for the way it hasopened up new markets.

Lord Green was given a tourof Renishaw’s state-of-the-artsite in Wotton-under-Edge.

He visited Renishaw’s pre-production facilities wherethe company designs its ma-chining and assembly pro-cesses to ensure efficient pro-

Minister visitsto inspect topexport firm

duction of its products. He alsosaw progress being made onthe construction of a newbuilding that will provide ex-pansion for additional re-search and development activ-ities, product display, trainingand conference facilities, andthe relocation of Renishaw’sspectroscopy product line.

Last month the companyhad its largest ever trade standat EMO Hannover, the world’slargest show for the metal-working industry, where itsuccessfully launched a newhigh speed, high accuracy con-tact scanning system for CNCmachine tools.

Ben Taylor, assistant chiefexecutive said: “In our 40thanniversary year, LordG re e n’s visit gives importantrecognition to the success thatRenishaw has achieved as aworld leader in precisionmeasurement systems.”

Lord GreenvisitedRenishaw inGloucestershireon a trip to theWest yesterday

Martyn Leisure Breaks. InDorset it also runs the PrinceRegent and the Russell hotelsin the seaside resort of Wey-

County celebrates its year of businesssuccess after shot in the arm Pages 4&5

Which new West business isbanking on Didier Drogba? Page 6

NEWS ON THE GOprint | online | mobilewesterndailypress.co.uk

GET THE LATEST NEWS & SPORT WHEREVER YOU ARE - 24/7

Mr Neal said “Keeping thehotel was one of the main reas-ons we fought against Tesco.”

A statement from ZolfoCooper this week said it willbe exploring a range of optionsincluding “the sale of all orpart of the business as a goingconcer n”.

It confirmed that all thehotels owned by the chain willcontinue to trade.

The administrators intendto honour all bookings anddeposits received from cus-tomers before it was appoin-ted.

The region’s businesses have long been working towards the supply chain opportunities the £14 billion Hinkley C reactor project offers. Thatwork has a real focus now that David Cameron visited Somerset on Monday to announce the next step in the deal FULL STORY PAGE 2

The Sherborne Hotel at risk

‘It would be a greattragedy for the townto lose the hotel’

Peter Neal, Keep Sherborne Viable

mouth, the host venue of the2012 Olympic sailing compet-ition.

Page 2: Business 24 October 2013

WESTERN DAILY PRESS THURSDAY OCTOBER 24 2013 WEST COUNTRY BUSINESS 3WDP-E01-S32 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

‘A ship is safe in harbour, butthat’s not what ships are for’ ,19th century Americantheologist William Sheddfamously said.

Risk is an integral part oflife. All businesses take risksto some degree, so as tomaximise their opportunities.

The most successfulbusinesses know what risksto take and they managethose risks to maximise thechance of a successfulo u t c o m e.

To return to the nauticalanalogy, if a ship is captainedby someone with experienceand knowledge of the seas, hewill know when to come intoharbour because conditionsare perilous and when totake advantage of a strongwind to reach his destinatione a rly.

The same rationale can beapplied to the management ofthe defined benefit pensionschemes that many employersstill have within theirbu s i n e s s.

Trustees and sponsoringemployers of such schemesface many risks in managingthem, the most obvious beinghow the scheme is funded,how its assets are investedand the continued strength ofthe sponsoring employer.

Earlier this year, thePensions Regulator (whichoversees the management ofsuch schemes) was given anew statutory objective,broadly to ensure that thefunding of defined benefitschemes should not hinderemployers in growing theirbu s i n e s s e s.

To achieve this objective,whilst also continuing tosafeguard the needs ofmembers and act as agatekeeper for the PensionProtection Fund, theRegulator is increasing itsfocus on risk and how it ismana g ed.

Consultation on a new codeof practice is imminent and itis clear that trustees andsponsoring employers will berequired (if not already doingso) to consider the variousrisks inherent within theirscheme in an integrated way,rather than treating each ini s o l at i o n .

At the heart of this, is theneed for trustees and

employers to work together toidentify and reallyunderstand the risks to whicha scheme is exposed, and howthey are inter-related.

Through knowledge,schemes can try to avoidthose risks that provide littleor no reward and retain thosethat should enable them toobtain a better outcome formembers and employers.

There is no single solution,as every scheme will have itsown specific circumstancesand objectives. De-riskingstrategies that are valuablefor some schemes, will not beappropriate for others.

There is a large andgrowing market of riskreduction products, not tomention the less formal de-risking strategies designed byinvestment consultants forindividual schemes.

Care must be taken not tohinder long-term goalsthrough adoptinginappropriate strategies e.g.by setting a low-riskinvestment strategy that hasno chance of deliveringsufficient return for yourobjectives, or by adoptinghedging products that are

difficult to unwind ifcircumstances change.

Employers and trusteesshould view the new fundingframework as an opportunityto assess exactly what theirlong term goals are. They canthen analyse which risks areappropriate for their schemeto retain and mostimportantly ensure they havea framework that allows themto monitor those risks overt i m e.

Active members of defined benefitschemes SOURCE: THE PENSIONS REGULATOR

1.3m

Managing risks of definedbenefit pension schemesHinkley deal set

to power economyBY JEFF [email protected]

There aren’t many weekswhen a £14 billion injection ofinvestment into the region’seconomy can be reported.

Somerset and the widerWest Country was the focus ofthe financial institutions onMonday when the Prime Min-ister flew into Hinkley Point toconfirm the long-awaitednews that a “strike price” hadbeen agreed with EDF forHinkley Point C.

The terms of the deal havebeen intensively scrutinised,with some commentators be-lieving the Government mayhave over-paid, but at a locallevel it is undoubtedly a once-in-a-lifetime boost for there gion’s economy.

More than 20,000 jobs will becreated during constructionand 900 permanent jobs oncethe site is complete.

On the list of approved sup-pliers for the nuclear site isBatts Combe Quarry, in Ched-dar, owned by Hanson Aggreg-at e s.

David Weeks, spokesman forBatts Combe Quarry, said:“This is good news and an-other important step on theroad to the start of construc-tion work at Hinkley. But thereare still a number of hurdles toclear, not least the signing ofan official contract to begin

the project. We will then haveto confirm the terms of oursupply agreement with theAnglo-French consortiumLaing O’Ro u rke / B o u yg u e s,who are the preferred bidderfor the main civil contract.

“There is unlikely to be anyupturn in activity from BattsCombe until next year. In themeantime, we will keep res-idents fully informed throughthe quarry liaison group asthe situation develops.”

Another Somerset supplierlikely to benefit is East Brent-based William Haley Engin-eering.

The steelwork fabricationcompany employs 135 peopleproducing building frame-works and has been in talkswith EDF since last year.

National Grid is also wel-coming the news, and has an-nounced its next step towardsbuilding a controversial pylonroute through North Somer-set.

A spokeswoman for the com-pany said: “Over the next tenyears, a quarter of the powerstations the UK relies on toheat and light our homes andbusinesses will close.

“These need to be replacedand it is National Grid’s role toconnect new generators to theelectricity transmission net-wo rk .

“National Grid has a con-tract to connect the HinkleyPoint C and other proposednew generators, including agas-fired power station atSeabank and an offshore windfarm in the Bristol Channel.

“To join these new sourcesof energy safely and afford-ably we are proposing a newhigh-voltage electricity con-nection between Bridgwaterin Somerset and Seabank inAvo n m o u t h . ”

In total more than 1,400 busi-nesses – everything frombuilding firms to drinks sup-pliers – have already signed up

to a local supply chain websitewhere they can try to landcontracts to work on the hugep ro j e c t .

Rupert Cox, the chief exec-utive of Somerset’s Chamberof Commerce, said thecounty’s businesses were“we l l - p l a c e d ” to reap the be-nefits of Hinkley Point C.

“This is a positive and en-couraging step towards the de-velopment of Hinkley Point Cand the vast opportunities thiswill bring for Somerset busi-nesses and the county as awh o l e, ” he said. “This agree-ment will act as a catalyst forEDF to be able to make theirfinal investment decision.

“Providing this is positive,we can begin to engage withthe preferred tier-one con-tractors to support their ownsupply chain developmenta c t iv i t y. ”

Mr Cox said the entire pro-ject would create a whopping25,000 jobs while it was beingbuilt, and 900 permanent jobs

Prime MinisterDavid Cameron,Vincent de Rivaz ofEDF and SomersetChamber ofCommerce chiefexecutive RupertCox

Oil distributoron the moveHobbs Bros, the long-estab-lished Gloucester oil distrib-utor, is moving from itspresent Monk Meadow site inHempsted to a state-of-the-artpurpose-built facility onnearby Spinnaker Park, de-signed and to be constructedby Talus Construction.

The larger two-acre site willallow Hobbs Bros to hold oilreserves of around a millionlitres, supplying domestic,commercial and agriculturaloil and lubricants within a 35-mile radius of Gloucester.

Hobbs is a family company,currently run by Mark Hobbs,the fourth generation of thefamily since his great-great-grandfather Clem founded thebusiness at his Paganhill pubin Stroud in 1897.

Mr Hobbs said: “It will be a lotbigger, more efficient and withsafer access onto the road.”

Firms snap up spaceat Studios building

Space at Bath Road Studios, one of Bristol’slandmark buildings, has been snapped up by twofirms taking over 2,000 sq ft between them.Defence consultants Antillion have taken 1,200 sqft, joining electronic research company Fraser Anti-Static, which has taken 921 sq ft as it expands itsDevon headquarters into Bristol

Butchery chaincuts 36 staffOne of the South West’s best-known butchery chains haslaid off 36 staff.

The Western Daily Pressbroke the news last week thatGerald David and Family,based in Minehead, had goneinto liquidation, leaving morethan 50 staff facing an uncer-tain future. Just 15 have beenre t a i n e d .

David Kirk, of insolvencypractitioner Kirks, was ap-pointed administrator to runthe company’s affairs

He has kept branches atCheddar, Topsham andNewton Abbot open but theothers, as well as an abattoir atPorlock, have been closed.

Mr Kirk said: “I am tradingthem with a view to sellingthem and at least saving partof the business.”

Gerald David and Familywas founded in 1969.

The number of jobs during theconstruction phase at Hinkley

25,000when the power station begano p e r at i n g .

“If it goes ahead, the newnuclear development will belooked upon globally as a blue-print for how nuclear powerplants will be built in thefuture, bringing long-term op-portunities for the county,” hesaid, adding that the chamberof commerce was the firstpoint of contact for any localbusiness wanting to get in-vo l ve d .

EDF said key terms of thecontracts for the four mostimportant suppliers to theproject have now been final-ised subject to a final invest-ment decision. These are withBouygues TP/Laing O’Ro u rkefor civil engineering, Costainfor marine work, Alstom forturbines and Areva for instru-mentation and control, nuc-lear steam supply system andfuel. In total some 57 per centof the project’s constructionvalue could be spent in theUK.

Investment ingrowth strategyA Wiltshire-based companywhich supplies householdbrands with bespoke designand print services has securedan additional £1 million in-vestment to back its ongoinggrowth strategy.

Superior Created Ltd,headquartered at Melksham,Wiltshire, has doubled itsturnover in less than ten yearsto £15 million and will use theadditional funding to extendits premises and to buy newhigh-tech equipment.

The firm has secured anumber of high profile con-tracts in recent months in-cluding clients such as Sains-bu r y ’s and Heineken UK.

Superior managing directorIan O’Connor said: “I’m de-lighted Barclays are preparedto lend funds to support Su-perior’s continued growth andexpansion plans.”

Prime Minister David Cameron at Hinkley Point on Monday

Jobs at riskin upheavalat publishersBY EVA [email protected]

Dozens of jobs are likely to belost due to upheaval at twoWest publishing groups.

Up to 100 Bath jobs might goafter audiobook publisher Au-dioGO suspended trading.

The company, which has of-fices in Lower Bristol Road anda mail order store at WindsorBridge, has suspended oper-ations because of “re c e n t ly -discovered significant finan-cial challenges”.

And at the Somerset-basedHaynes Group, five employeeshave taken voluntary redund-ancy, amid a reshuffle of thebusiness. The announcement

AudioGO and we are hopefulof achieving a swift resolu-tion.

“Protecting and respectingthe rights of everyone that wework with is uppermost in ourconsiderations and we aregrateful for the fantastic sup-port we have received fromour colleagues throughout thei n d u s t r y. ”

She said all staff remainedin work while a buyer wassought.

AudioGO was set up in July2010, when private investorsbought out BBC Audiobooks.BBC Worldwide continues toown a minority stake.

Last year it made profits of£2.4 million.

The Haynes Group hasbegun the transition toRandom House Publishingand the amalgamation of theUK editorial departments hasbeen completed, which hasresulted in five voluntary re-d u n d a n c i e s.

Group chief executive EricOakley said: “Our currentpremises in Sparkford haveserved the company well, butthe site no longer meets therequirements of a modern in-formation publishing busi-ness. We have therefore takenthe decision to relocate thebusiness to more suitably-sized premises.”

Mr Oakley also said thenumber of long-standing em-ployees from within the im-mediate Sparkford area wouldbe a “major consideration” asHaynes decides its future site.

The group has predicted theone-off costs of the restruc-turing to be £1.3 million.

But following the restruc-turing the cost savings to thebusiness are anticipated to be£500,000 in 2014/15, rising to£700,000 in 2015/16.

Write Western Daily Press, TempleWay, Bristol, BS99 7HDEmail [email protected]

Share your views

LETTERS, PAGE 21 >

Piles of manuals in the warehouse at Haynes in Sparkford, which is beingclosed as the company moves ‘to more suitably-sized premises’

comes after the group revealedlast month that it would betransferring its UK distribu-tion operation to third partylogistics provider, RandomHouse Publishing group, basedin Norwich.

It also announced the am-algamation of its UK automot-ive and general book editorialdepartments and the closure ofits Sparkford headquarters.

AudioGO had denied ru-mours last week that it was infinancial difficulty. But head ofmarketing and sales, RachelJosephson, said: “I can confirmthat AudioGO has temporarilysuspended business operationswhile we seek an investment ora sale of the business.”

She added: “There is a con-siderable amount of interest in

Call for financeto be unlockedToo many medium-sized busi-nesses in the South West arelocked out from the essentialsources of growth productsand support they need toexport and invest abroad, theCBI and BDO has said.

In a new joint report, Goyour own way, the Govern-ment and private sector areurged to get behind the in-ternational ambitions ofmedium-sized businesses(MSBs) in the region, whichare being held back by a lack ofaccess to finance, as they jour-ney from non-exporter toglobal business. CBI researchhas shown that MSBs could beworth an additional £20 billionto the economy if only the UKcan unlock this growth.

Only 52 small and medium-sized firms received direct as-sistance from UK Export Fin-ance in the last year.

County-widewaste contractYeovil-based waste manage-ment company M & J Bowers iscelebrating the award of athree-year contract that willsee the business handling con-fidential waste from 45 differ-ent sites in Wiltshire.

This is the first time thatWiltshire Council has alloc-ated its office waste manage-ment services under one con-tract that will cover the wholeof the county of Wiltshire.

The council chose the com-pany after a tough competitivetender process which also in-volved a visit to the speciallydesigned state-of-the-artpremises which M & J Bowersmoved to in 2011.

John Bowers, owner andmanaging director, said: “Wi n -ning this contract means thatM & J Bowers is recognised asa key contender in waste man-agement and recycling.”

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 boughtfrom the University of Bristol by the Kersfield Group, a London and Bath-based developer which specialises in high-quality residential conversions

Landmark £4m property sold toresidential conversion specialists

CHRIS MAPP

Punter Southall provides actuarial and investment advice to definedbenefit pension schemes and have helped many schemes toimplement appropriate risk management strategies. If you requirefurther information, please contact Chris Mapp on 0117 202 0404 [email protected]

FULL STORY: NEWS SECTION, PAGE 7

Chris Mappof PunterSouthall

Page 3: Business 24 October 2013

WESTERN DAILY PRESS THURSDAY OCTOBER 24 2013 WEST COUNTRY BUSINESS 3WDP-E01-S32 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

‘A ship is safe in harbour, butthat’s not what ships are for’ ,19th century Americantheologist William Sheddfamously said.

Risk is an integral part oflife. All businesses take risksto some degree, so as tomaximise their opportunities.

The most successfulbusinesses know what risksto take and they managethose risks to maximise thechance of a successfulo u t c o m e.

To return to the nauticalanalogy, if a ship is captainedby someone with experienceand knowledge of the seas, hewill know when to come intoharbour because conditionsare perilous and when totake advantage of a strongwind to reach his destinatione a rly.

The same rationale can beapplied to the management ofthe defined benefit pensionschemes that many employersstill have within theirbu s i n e s s.

Trustees and sponsoringemployers of such schemesface many risks in managingthem, the most obvious beinghow the scheme is funded,how its assets are investedand the continued strength ofthe sponsoring employer.

Earlier this year, thePensions Regulator (whichoversees the management ofsuch schemes) was given anew statutory objective,broadly to ensure that thefunding of defined benefitschemes should not hinderemployers in growing theirbu s i n e s s e s.

To achieve this objective,whilst also continuing tosafeguard the needs ofmembers and act as agatekeeper for the PensionProtection Fund, theRegulator is increasing itsfocus on risk and how it ismana g ed.

Consultation on a new codeof practice is imminent and itis clear that trustees andsponsoring employers will berequired (if not already doingso) to consider the variousrisks inherent within theirscheme in an integrated way,rather than treating each ini s o l at i o n .

At the heart of this, is theneed for trustees and

employers to work together toidentify and reallyunderstand the risks to whicha scheme is exposed, and howthey are inter-related.

Through knowledge,schemes can try to avoidthose risks that provide littleor no reward and retain thosethat should enable them toobtain a better outcome formembers and employers.

There is no single solution,as every scheme will have itsown specific circumstancesand objectives. De-riskingstrategies that are valuablefor some schemes, will not beappropriate for others.

There is a large andgrowing market of riskreduction products, not tomention the less formal de-risking strategies designed byinvestment consultants forindividual schemes.

Care must be taken not tohinder long-term goalsthrough adoptinginappropriate strategies e.g.by setting a low-riskinvestment strategy that hasno chance of deliveringsufficient return for yourobjectives, or by adoptinghedging products that are

difficult to unwind ifcircumstances change.

Employers and trusteesshould view the new fundingframework as an opportunityto assess exactly what theirlong term goals are. They canthen analyse which risks areappropriate for their schemeto retain and mostimportantly ensure they havea framework that allows themto monitor those risks overt i m e.

Active members of defined benefitschemes SOURCE: THE PENSIONS REGULATOR

1.3m

Managing risks of definedbenefit pension schemesHinkley deal set

to power economyBY JEFF [email protected]

There aren’t many weekswhen a £14 billion injection ofinvestment into the region’seconomy can be reported.

Somerset and the widerWest Country was the focus ofthe financial institutions onMonday when the Prime Min-ister flew into Hinkley Point toconfirm the long-awaitednews that a “strike price” hadbeen agreed with EDF forHinkley Point C.

The terms of the deal havebeen intensively scrutinised,with some commentators be-lieving the Government mayhave over-paid, but at a locallevel it is undoubtedly a once-in-a-lifetime boost for there gion’s economy.

More than 20,000 jobs will becreated during constructionand 900 permanent jobs oncethe site is complete.

On the list of approved sup-pliers for the nuclear site isBatts Combe Quarry, in Ched-dar, owned by Hanson Aggreg-at e s.

David Weeks, spokesman forBatts Combe Quarry, said:“This is good news and an-other important step on theroad to the start of construc-tion work at Hinkley. But thereare still a number of hurdles toclear, not least the signing ofan official contract to begin

the project. We will then haveto confirm the terms of oursupply agreement with theAnglo-French consortiumLaing O’Ro u rke / B o u yg u e s,who are the preferred bidderfor the main civil contract.

“There is unlikely to be anyupturn in activity from BattsCombe until next year. In themeantime, we will keep res-idents fully informed throughthe quarry liaison group asthe situation develops.”

Another Somerset supplierlikely to benefit is East Brent-based William Haley Engin-eering.

The steelwork fabricationcompany employs 135 peopleproducing building frame-works and has been in talkswith EDF since last year.

National Grid is also wel-coming the news, and has an-nounced its next step towardsbuilding a controversial pylonroute through North Somer-set.

A spokeswoman for the com-pany said: “Over the next tenyears, a quarter of the powerstations the UK relies on toheat and light our homes andbusinesses will close.

“These need to be replacedand it is National Grid’s role toconnect new generators to theelectricity transmission net-wo rk .

“National Grid has a con-tract to connect the HinkleyPoint C and other proposednew generators, including agas-fired power station atSeabank and an offshore windfarm in the Bristol Channel.

“To join these new sourcesof energy safely and afford-ably we are proposing a newhigh-voltage electricity con-nection between Bridgwaterin Somerset and Seabank inAvo n m o u t h . ”

In total more than 1,400 busi-nesses – everything frombuilding firms to drinks sup-pliers – have already signed up

to a local supply chain websitewhere they can try to landcontracts to work on the hugep ro j e c t .

Rupert Cox, the chief exec-utive of Somerset’s Chamberof Commerce, said thecounty’s businesses were“we l l - p l a c e d ” to reap the be-nefits of Hinkley Point C.

“This is a positive and en-couraging step towards the de-velopment of Hinkley Point Cand the vast opportunities thiswill bring for Somerset busi-nesses and the county as awh o l e, ” he said. “This agree-ment will act as a catalyst forEDF to be able to make theirfinal investment decision.

“Providing this is positive,we can begin to engage withthe preferred tier-one con-tractors to support their ownsupply chain developmenta c t iv i t y. ”

Mr Cox said the entire pro-ject would create a whopping25,000 jobs while it was beingbuilt, and 900 permanent jobs

Prime MinisterDavid Cameron,Vincent de Rivaz ofEDF and SomersetChamber ofCommerce chiefexecutive RupertCox

Oil distributoron the moveHobbs Bros, the long-estab-lished Gloucester oil distrib-utor, is moving from itspresent Monk Meadow site inHempsted to a state-of-the-artpurpose-built facility onnearby Spinnaker Park, de-signed and to be constructedby Talus Construction.

The larger two-acre site willallow Hobbs Bros to hold oilreserves of around a millionlitres, supplying domestic,commercial and agriculturaloil and lubricants within a 35-mile radius of Gloucester.

Hobbs is a family company,currently run by Mark Hobbs,the fourth generation of thefamily since his great-great-grandfather Clem founded thebusiness at his Paganhill pubin Stroud in 1897.

Mr Hobbs said: “It will be a lotbigger, more efficient and withsafer access onto the road.”

Firms snap up spaceat Studios building

Space at Bath Road Studios, one of Bristol’slandmark buildings, has been snapped up by twofirms taking over 2,000 sq ft between them.Defence consultants Antillion have taken 1,200 sqft, joining electronic research company Fraser Anti-Static, which has taken 921 sq ft as it expands itsDevon headquarters into Bristol

Butchery chaincuts 36 staffOne of the South West’s best-known butchery chains haslaid off 36 staff.

The Western Daily Pressbroke the news last week thatGerald David and Family,based in Minehead, had goneinto liquidation, leaving morethan 50 staff facing an uncer-tain future. Just 15 have beenre t a i n e d .

David Kirk, of insolvencypractitioner Kirks, was ap-pointed administrator to runthe company’s affairs

He has kept branches atCheddar, Topsham andNewton Abbot open but theothers, as well as an abattoir atPorlock, have been closed.

Mr Kirk said: “I am tradingthem with a view to sellingthem and at least saving partof the business.”

Gerald David and Familywas founded in 1969.

The number of jobs during theconstruction phase at Hinkley

25,000when the power station begano p e r at i n g .

“If it goes ahead, the newnuclear development will belooked upon globally as a blue-print for how nuclear powerplants will be built in thefuture, bringing long-term op-portunities for the county,” hesaid, adding that the chamberof commerce was the firstpoint of contact for any localbusiness wanting to get in-vo l ve d .

EDF said key terms of thecontracts for the four mostimportant suppliers to theproject have now been final-ised subject to a final invest-ment decision. These are withBouygues TP/Laing O’Ro u rkefor civil engineering, Costainfor marine work, Alstom forturbines and Areva for instru-mentation and control, nuc-lear steam supply system andfuel. In total some 57 per centof the project’s constructionvalue could be spent in theUK.

Investment ingrowth strategyA Wiltshire-based companywhich supplies householdbrands with bespoke designand print services has securedan additional £1 million in-vestment to back its ongoinggrowth strategy.

Superior Created Ltd,headquartered at Melksham,Wiltshire, has doubled itsturnover in less than ten yearsto £15 million and will use theadditional funding to extendits premises and to buy newhigh-tech equipment.

The firm has secured anumber of high profile con-tracts in recent months in-cluding clients such as Sains-bu r y ’s and Heineken UK.

Superior managing directorIan O’Connor said: “I’m de-lighted Barclays are preparedto lend funds to support Su-perior’s continued growth andexpansion plans.”

Prime Minister David Cameron at Hinkley Point on Monday

Jobs at riskin upheavalat publishersBY EVA [email protected]

Dozens of jobs are likely to belost due to upheaval at twoWest publishing groups.

Up to 100 Bath jobs might goafter audiobook publisher Au-dioGO suspended trading.

The company, which has of-fices in Lower Bristol Road anda mail order store at WindsorBridge, has suspended oper-ations because of “re c e n t ly -discovered significant finan-cial challenges”.

And at the Somerset-basedHaynes Group, five employeeshave taken voluntary redund-ancy, amid a reshuffle of thebusiness. The announcement

AudioGO and we are hopefulof achieving a swift resolu-tion.

“Protecting and respectingthe rights of everyone that wework with is uppermost in ourconsiderations and we aregrateful for the fantastic sup-port we have received fromour colleagues throughout thei n d u s t r y. ”

She said all staff remainedin work while a buyer wassought.

AudioGO was set up in July2010, when private investorsbought out BBC Audiobooks.BBC Worldwide continues toown a minority stake.

Last year it made profits of£2.4 million.

The Haynes Group hasbegun the transition toRandom House Publishingand the amalgamation of theUK editorial departments hasbeen completed, which hasresulted in five voluntary re-d u n d a n c i e s.

Group chief executive EricOakley said: “Our currentpremises in Sparkford haveserved the company well, butthe site no longer meets therequirements of a modern in-formation publishing busi-ness. We have therefore takenthe decision to relocate thebusiness to more suitably-sized premises.”

Mr Oakley also said thenumber of long-standing em-ployees from within the im-mediate Sparkford area wouldbe a “major consideration” asHaynes decides its future site.

The group has predicted theone-off costs of the restruc-turing to be £1.3 million.

But following the restruc-turing the cost savings to thebusiness are anticipated to be£500,000 in 2014/15, rising to£700,000 in 2015/16.

Write Western Daily Press, TempleWay, Bristol, BS99 7HDEmail [email protected]

Share your views

LETTERS, PAGE 21 >

Piles of manuals in the warehouse at Haynes in Sparkford, which is beingclosed as the company moves ‘to more suitably-sized premises’

comes after the group revealedlast month that it would betransferring its UK distribu-tion operation to third partylogistics provider, RandomHouse Publishing group, basedin Norwich.

It also announced the am-algamation of its UK automot-ive and general book editorialdepartments and the closure ofits Sparkford headquarters.

AudioGO had denied ru-mours last week that it was infinancial difficulty. But head ofmarketing and sales, RachelJosephson, said: “I can confirmthat AudioGO has temporarilysuspended business operationswhile we seek an investment ora sale of the business.”

She added: “There is a con-siderable amount of interest in

Call for financeto be unlockedToo many medium-sized busi-nesses in the South West arelocked out from the essentialsources of growth productsand support they need toexport and invest abroad, theCBI and BDO has said.

In a new joint report, Goyour own way, the Govern-ment and private sector areurged to get behind the in-ternational ambitions ofmedium-sized businesses(MSBs) in the region, whichare being held back by a lack ofaccess to finance, as they jour-ney from non-exporter toglobal business. CBI researchhas shown that MSBs could beworth an additional £20 billionto the economy if only the UKcan unlock this growth.

Only 52 small and medium-sized firms received direct as-sistance from UK Export Fin-ance in the last year.

County-widewaste contractYeovil-based waste manage-ment company M & J Bowers iscelebrating the award of athree-year contract that willsee the business handling con-fidential waste from 45 differ-ent sites in Wiltshire.

This is the first time thatWiltshire Council has alloc-ated its office waste manage-ment services under one con-tract that will cover the wholeof the county of Wiltshire.

The council chose the com-pany after a tough competitivetender process which also in-volved a visit to the speciallydesigned state-of-the-artpremises which M & J Bowersmoved to in 2011.

John Bowers, owner andmanaging director, said: “Wi n -ning this contract means thatM & J Bowers is recognised asa key contender in waste man-agement and recycling.”

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 boughtfrom the University of Bristol by the Kersfield Group, a London and Bath-based developer which specialises in high-quality residential conversions

Landmark £4m property sold toresidential conversion specialists

CHRIS MAPP

Punter Southall provides actuarial and investment advice to definedbenefit pension schemes and have helped many schemes toimplement appropriate risk management strategies. If you requirefurther information, please contact Chris Mapp on 0117 202 0404 [email protected]

FULL STORY: NEWS SECTION, PAGE 7

Chris Mappof PunterSouthall

Page 4: Business 24 October 2013

WESTERN DAILY PRESS THURSDAY OCTOBER 24 2013 SOMERSET BUSINESS AWARDS 5WDP-E01-S34 SOMERSET BUSINESS AWARDS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

The entries for this year’s Som-erset Business Awards havebeen of outstanding quality, ac-cording to judges.

Jenn Chidley-Sanders of theorganisers, Somerset Cham-ber of Commerce, said: “Wewere overwhelmed with thenumber and quality of entries,and we are so happy for thisye a r ’s finalist.”

The awards, now in theirninth year, saw the highestnumber of entries to date, in-cluding 40 first-time entrants.

The Somerset BusinessAwards 2013 ceremony is at theWestland Conference and Leis-ure Complex in Yeovil, tonight,presented by Heart FMpresenter, Cormac MacMa-hon.

The finalists are:

Albert Goodman Family Businessof the Year Award – Sponsored byAlbert Goodman LLP

Monkton Elm Garden &

Pets Centre; R K Bell Groupand Western Air Ducts (UK)Ltd

Business of the Year 1-10Employees Award – Sponsored byYeovil College

Plum Communications ≺ Pure Beauty; RebeccaBevins HR Consultancy Ltd

Business of the Year 11-25Employees Award – Sponsored byA.C. Mole & Sons

Evosite Ltd; Kiddimoto; RedBerry Recruitment Ltd

Business of the Year 26-50Employees Award – Sponsored byEDF Energy

3 Solutions (2011) Limited;NVB Architects; R K BellG ro u p

Business of the Year 51+Employees Award – Sponsored byHigos Insurance Services Ltd

Bridgwater College; Elecsis

Switchgear Ltd; Monkton ElmGarden & Pet Centre

Charity of the Year Award –Sponsored by Clarke Willmott LLP

Somerset CommunityFoundation; Somerset RuralYouth Project; WesternH o s p i c e c a re

Environmental Award – Sponsoredby Porter Dodson Solicitors &Advisors

Berry & EscottEngineering; ProtomaxPlastics Ltd; The WoollyShepherd Ltd

Marketing & Promotions Award –Sponsored by ADPR Ltd

Hilton Herbs; Mendip HubLtd; Somerset HeritageService

New to Somerset Award –Sponsored by Into Somerset

Filberts Fine Foods Ltd;Hosted Accountants;

Protomax Plastics Ltd

New Business of the Year Award –Sponsored by Glyder

Pips Pubs; Staff GuardianLtd; 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 theYear Award – Sponsored byJobseekers Recruitment ServicesLtd

Chloe Heilbronn (MonktonElm Garden & Pet Centre);Kayleigh Allen (PowrmaticLtd) and Phil Rogers(Somerset Centre IntegratedLear ning)

Shortlist The companies hoping to pick up gongsAwards comeat great timefor SomersetBY RICHARD [email protected]

It is difficult to imagine abetter time for Somerset’sbusiness community to becoming together to salute itsfinest companies than to-night.

The county is very muchbasking in the glow of thePrime Minister arriving onMonday to confirm the long-anticipated deal over the“strike price” for electricitygenerated at the proposed

Hinkley C nuclear reactor.It is no exaggeration to say

that there is not a county in theland – indeed the continent –that is not envious at a £14 bil-lion infrastructure invest-ment.

Over the lifetime of the pro-ject it will create in excess of25,000 jobs and provide the sortof external boost that busi-nesses dream of.

It provides unparalleled op-portunities for growth and toget involved in the supplychain of the biggest civil en-

gineering project in Europe.From lawyers to landladies

and from accountants to ap-prentice engineers, there arepossibilities for every sector ofthe county’s economy.

The vast majority of thosesectors will be represented attonight’s glittering awards ce-remony in Yeovil.

The awards are organised bythe Somerset Chamber of Com-merce in conjunction with itss p o n s o r s.

This is the ninth year of theawards, which aim to celebratebusiness success across Som-erset, raise the profile of Som-erset businesses in the regionand nationally and to encour-age growth within start-upbu s i n e s s e s.

Speaking at the launch of theawards Rupert Cox, chief ex-ecutive of the Somerset Cham-ber of Commerce, said, “It is nosurprise that year on year wesee an increase in the numberof high quality entrants fromwithin such a flourishing andinnovative business com-munity. The awards showcase

Somerset’s real assets on a re-gional and national basis.”

The main sponsor for thethird consecutive year, DavidGriffin, managing partner atAlbert Goodman, said: “We aredelighted to continue our spon-sorship of the Somerset Busi-ness Awards for 2013 and areeager to see what local busi-nesses have been achieving.“The awards provide the per-

The number of awards categoriesthat are being presented tonight

14fect platform to showcase yourcompany and forge relation-ships with mutually-beneficialbusinesses within a flourish-ing business community.”� To read all about the win-ners on the big night see nextT hursday’s Western DailyP re s s .

Radio personality Cormac MacMahon will host theawards at the recently revamped Westland Conferenceand Leisure complex in Yeovil. Top, David Griffin(Albert Goodman) and Rupert Cox (Somerset Chamberof Commerce) at the awards launch

CHARTERED ACCOUNTANTS,TAX CONSULTANTS ANDBUSINESS ADVISERS

www.albertgoodman.co.ukTAUNTON I YEOVIL I WESTON-SUPER-MARE I BRIDGWATER I CHARD I WEYMOUTH

Strategic businessadvice

clarkewillmott.comClarke Willmott LLP is a limited liability partnership registered in England and Waleswith registration number OC344818. Authorised and regulated by the SolicitorsRegulation Authority (SRA number: 510689), whose rules can be found at www.sra.org.uk/handbook. Its registered office and principal place of business is 138Edmund Street, Birmingham, West Midlands, B3 2ES. Any reference to a ‘partner’ isto a member of Clarke Willmott LLP or an employee who is a lawyer with equivalentstanding and qualifications and is not a reference to a partner in a partnership.

Great service... Great people...

Numberonefor legal advice

in SomersetBanking & Finance

Agricultural &Rural Affairs

Private Client

Family & Matrimonial

Environmental

Clarke Willmott LLPBand one rankingin ChambersChambers and Partnerspublish one of theleading directories of thelegal profession.

Winner of Businessof the YearClarke Willmott LLPTaunton office, Winnerof Business of the Year(51+ Employees) atSomerset BusinessAwards 2012

To find out how wecould help you plan forthe future,please [email protected] 0845 209 1105.

Proud Sponsors ofthe Charity of the

Year Categoryat the Somerset

Business Awards2013

CHARTERED ACCOUNTANTS,TAX CONSULTANTS ANDBUSINESS ADVISERS

www.albertgoodman.co.ukTAUNTON I YEOVIL I WESTON-SUPER-MARE I BRIDGWATER I CHARD I WEYMOUTH

Family businessexperts

Good Luck to allSomerset Business Awards Finalists!

The Cover YouWant • The Service You Expect • The Advice You Need

At Higos we provide an extensive range of insurance cover for all types ofbusinesses including:

ShopsOfficesProperty OwnersPublic LiabilityEmployers’ Liability

Professional IndemnityWholesaleManufacturingGoods-in-TransitFleet

We deliver professional advice face to face throughout the South West. Allbacked up by qualified staff and a dedicated in-house claims team, here tohelp should the worst happen.

Call into one of our 20 branches across the SouthWest,phone 01749 834 500 or visitwww.higos.co.ukwww.redberryrecruitment.co.uk

Shepton Mallet First Floor Office, 28 High Street, Shepton Mallet, BA4 5AN 01749 330630Yeovil 16c Hendford, Yeovil, Somerset, BA20 1TE 01935 432001Taunton 01823 703911 Bridgwater 01278 228107

We recruit for: Sales and Accounts PA’s and HR/Personnel staff Office, Administration and

Secretarial Supervisors and Management Engineering and Welding Warehouse and Fork Lift Truck

Drivers Factory and Production/Process

workers Labourers plus many more…..

Are you following The Berries?

Are you looking for work or bored in your current job?

Do you know someone looking for work or a company needing staff?

If so we can help!

We are pleased to be in the final 3 forthe category; Business of the Year 11 –

25 employees for the SomersetBusiness Awards 2013

Page 5: Business 24 October 2013

WESTERN DAILY PRESS THURSDAY OCTOBER 24 2013 SOMERSET BUSINESS AWARDS 5WDP-E01-S34 SOMERSET BUSINESS AWARDS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

The entries for this year’s Som-erset Business Awards havebeen of outstanding quality, ac-cording to judges.

Jenn Chidley-Sanders of theorganisers, Somerset Cham-ber of Commerce, said: “Wewere overwhelmed with thenumber and quality of entries,and we are so happy for thisye a r ’s finalist.”

The awards, now in theirninth year, saw the highestnumber of entries to date, in-cluding 40 first-time entrants.

The Somerset BusinessAwards 2013 ceremony is at theWestland Conference and Leis-ure Complex in Yeovil, tonight,presented by Heart FMpresenter, Cormac MacMa-hon.

The finalists are:

Albert Goodman Family Businessof the Year Award – Sponsored byAlbert Goodman LLP

Monkton Elm Garden &

Pets Centre; R K Bell Groupand Western Air Ducts (UK)Ltd

Business of the Year 1-10Employees Award – Sponsored byYeovil College

Plum Communications ≺ Pure Beauty; RebeccaBevins HR Consultancy Ltd

Business of the Year 11-25Employees Award – Sponsored byA.C. Mole & Sons

Evosite Ltd; Kiddimoto; RedBerry Recruitment Ltd

Business of the Year 26-50Employees Award – Sponsored byEDF Energy

3 Solutions (2011) Limited;NVB Architects; R K BellG ro u p

Business of the Year 51+Employees Award – Sponsored byHigos Insurance Services Ltd

Bridgwater College; Elecsis

Switchgear Ltd; Monkton ElmGarden & Pet Centre

Charity of the Year Award –Sponsored by Clarke Willmott LLP

Somerset CommunityFoundation; Somerset RuralYouth Project; WesternH o s p i c e c a re

Environmental Award – Sponsoredby Porter Dodson Solicitors &Advisors

Berry & EscottEngineering; ProtomaxPlastics Ltd; The WoollyShepherd Ltd

Marketing & Promotions Award –Sponsored by ADPR Ltd

Hilton Herbs; Mendip HubLtd; Somerset HeritageService

New to Somerset Award –Sponsored by Into Somerset

Filberts Fine Foods Ltd;Hosted Accountants;

Protomax Plastics Ltd

New Business of the Year Award –Sponsored by Glyder

Pips Pubs; Staff GuardianLtd; 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 theYear Award – Sponsored byJobseekers Recruitment ServicesLtd

Chloe Heilbronn (MonktonElm Garden & Pet Centre);Kayleigh Allen (PowrmaticLtd) and Phil Rogers(Somerset Centre IntegratedLear ning)

Shortlist The companies hoping to pick up gongsAwards comeat great timefor SomersetBY RICHARD [email protected]

It is difficult to imagine abetter time for Somerset’sbusiness community to becoming together to salute itsfinest companies than to-night.

The county is very muchbasking in the glow of thePrime Minister arriving onMonday to confirm the long-anticipated deal over the“strike price” for electricitygenerated at the proposed

Hinkley C nuclear reactor.It is no exaggeration to say

that there is not a county in theland – indeed the continent –that is not envious at a £14 bil-lion infrastructure invest-ment.

Over the lifetime of the pro-ject it will create in excess of25,000 jobs and provide the sortof external boost that busi-nesses dream of.

It provides unparalleled op-portunities for growth and toget involved in the supplychain of the biggest civil en-

gineering project in Europe.From lawyers to landladies

and from accountants to ap-prentice engineers, there arepossibilities for every sector ofthe county’s economy.

The vast majority of thosesectors will be represented attonight’s glittering awards ce-remony in Yeovil.

The awards are organised bythe Somerset Chamber of Com-merce in conjunction with itss p o n s o r s.

This is the ninth year of theawards, which aim to celebratebusiness success across Som-erset, raise the profile of Som-erset businesses in the regionand nationally and to encour-age growth within start-upbu s i n e s s e s.

Speaking at the launch of theawards Rupert Cox, chief ex-ecutive of the Somerset Cham-ber of Commerce, said, “It is nosurprise that year on year wesee an increase in the numberof high quality entrants fromwithin such a flourishing andinnovative business com-munity. The awards showcase

Somerset’s real assets on a re-gional and national basis.”

The main sponsor for thethird consecutive year, DavidGriffin, managing partner atAlbert Goodman, said: “We aredelighted to continue our spon-sorship of the Somerset Busi-ness Awards for 2013 and areeager to see what local busi-nesses have been achieving.“The awards provide the per-

The number of awards categoriesthat are being presented tonight

14fect platform to showcase yourcompany and forge relation-ships with mutually-beneficialbusinesses within a flourish-ing business community.”� To read all about the win-ners on the big night see nextT hursday’s Western DailyP re s s .

Radio personality Cormac MacMahon will host theawards at the recently revamped Westland Conferenceand Leisure complex in Yeovil. Top, David Griffin(Albert Goodman) and Rupert Cox (Somerset Chamberof Commerce) at the awards launch

CHARTERED ACCOUNTANTS,TAX CONSULTANTS ANDBUSINESS ADVISERS

www.albertgoodman.co.ukTAUNTON I YEOVIL I WESTON-SUPER-MARE I BRIDGWATER I CHARD I WEYMOUTH

Strategic businessadvice

clarkewillmott.comClarke Willmott LLP is a limited liability partnership registered in England and Waleswith registration number OC344818. Authorised and regulated by the SolicitorsRegulation Authority (SRA number: 510689), whose rules can be found at www.sra.org.uk/handbook. Its registered office and principal place of business is 138Edmund Street, Birmingham, West Midlands, B3 2ES. Any reference to a ‘partner’ isto a member of Clarke Willmott LLP or an employee who is a lawyer with equivalentstanding and qualifications and is not a reference to a partner in a partnership.

Great service... Great people...

Numberonefor legal advice

in SomersetBanking & Finance

Agricultural &Rural Affairs

Private Client

Family & Matrimonial

Environmental

Clarke Willmott LLPBand one rankingin ChambersChambers and Partnerspublish one of theleading directories of thelegal profession.

Winner of Businessof the YearClarke Willmott LLPTaunton office, Winnerof Business of the Year(51+ Employees) atSomerset BusinessAwards 2012

To find out how wecould help you plan forthe future,please [email protected] 0845 209 1105.

Proud Sponsors ofthe Charity of the

Year Categoryat the Somerset

Business Awards2013

CHARTERED ACCOUNTANTS,TAX CONSULTANTS ANDBUSINESS ADVISERS

www.albertgoodman.co.ukTAUNTON I YEOVIL I WESTON-SUPER-MARE I BRIDGWATER I CHARD I WEYMOUTH

Family businessexperts

Good Luck to allSomerset Business Awards Finalists!

The Cover YouWant • The Service You Expect • The Advice You Need

At Higos we provide an extensive range of insurance cover for all types ofbusinesses including:

ShopsOfficesProperty OwnersPublic LiabilityEmployers’ Liability

Professional IndemnityWholesaleManufacturingGoods-in-TransitFleet

We deliver professional advice face to face throughout the South West. Allbacked up by qualified staff and a dedicated in-house claims team, here tohelp should the worst happen.

Call into one of our 20 branches across the SouthWest,phone 01749 834 500 or visitwww.higos.co.ukwww.redberryrecruitment.co.uk

Shepton Mallet First Floor Office, 28 High Street, Shepton Mallet, BA4 5AN 01749 330630Yeovil 16c Hendford, Yeovil, Somerset, BA20 1TE 01935 432001Taunton 01823 703911 Bridgwater 01278 228107

We recruit for: Sales and Accounts PA’s and HR/Personnel staff Office, Administration and

Secretarial Supervisors and Management Engineering and Welding Warehouse and Fork Lift Truck

Drivers Factory and Production/Process

workers Labourers plus many more…..

Are you following The Berries?

Are you looking for work or bored in your current job?

Do you know someone looking for work or a company needing staff?

If so we can help!

We are pleased to be in the final 3 forthe category; Business of the Year 11 –

25 employees for the SomersetBusiness Awards 2013

Page 6: Business 24 October 2013

6 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

Chelsea manager Jose Mour-inho may have been chargedwith improper conduct, butsuperfan Peter Panayi wouldnever give him a red card.

The 52-year-old has namedhis new café after the Chelseamanager in the hope that oneday “the special one” will popin for breakfast.

When Peter opened his newcafé in Weston-super-Marewith daughter Selina Williamsand her husband Darren,there was only one thing hewanted to call it.

“I have supported Chelseaall my life and calling it Mour-inho’s was my way of saying

Students geta taste forthe high lifeBY GAVIN [email protected]

The student accommodationmarket is booming in Bristol.While once students were seenas hard-up, now they are bigbu s i n e s s.

Work has started on a£6.2 million project in AnchorRoad in the city. Colston Toweris being converted into luxurystudent studio flats – and all132 have been sold to investorsin just seven weeks.

And Unite, the Bristol-basedstudent accommodation firm,has just issued a £90 millionbond offering to help it fund itsbuilding programme for thecoming years. It is also in theprocess of developing theformer ice rink in TrenchardStreet in a £20 million project.

Student numbers in the cityhave risen to 45,000, yet there

Harbour Court, is being builtby Midas Construction forPrime Student Living, part ofthe Crosslane Group. Its Har-bourside location is withinwalking distance of the Uni-versity of Bristol campus.

It will comprise some studioapartments and other clusteraccommodation with three tofive bedrooms sharing a kit-ch e n .

It is the company’s first in-vestment in the city and showsthat Bristol is an appealingmarket for the industry.

Jon Stewart, director atCrosslane Group, said: “T hereis a huge demand for afford-able, secure and convenientstudent accommodation inBristol and Harbour Court isexceptionally well placed notonly for the university but alsofor all the amenities that makestudent life easier and moreenjoyable. For our investors, itdelivers excellent growth po-tential and the sought afterexposure to a key universityc i t y. ”

Vita Student is behind theColston Tower project, due tobe ready in 2014. The company,founded last year, has beenacquiring land around theprestigious Russell Group uni-versity cities.

The apartments each haveflat-screen televisions, freebroadband, fitted kitchen anden-suite bathroom.

Chief executive TrevorMoore, said: “Investor re-quirement for student prop-erty like ours is at an all-timehigh.”

Rather than letting directlyto students, the company sellsflats to investors, then man-ages them on their behalf.

The scheme attracted arange of investors from over-seas and closer to home. Car-penter Andrew Smith. fromWales, bought one of the Bris-tol apartments. “I found thepotential yields in the studentproperty market are muchgreater than other areas in them a rke t , ” he said.

Harbour Court in Anchor Road is within walking distance of the University of Bristol campus. It will comprise somestudio apartments and other cluster accommodation with three to five bedrooms sharing a kitchen

Chelsea fan pays homage to manager Mourinho at football-themed caféPe t e r ’s back and Jose’s back,”he said.

“I’m his biggest fan. He’swon us everything and reallyis the special one. I know a lotof people don’t like him but Ithink he’s good for the game.

“Chelsea’s always been myteam. I’ve been going since Iwas a boy and used to be aseason ticket holder.

“The Chelsea Channel areinterested in doing somethingon us so I’m hoping he’s heardof us and will in come here forbreakf ast.”

The Weston café has a foot-ball theme with dishes likeWenga wraps, Charlton chick-

en and Bonetti spaghetti. Themain seller is a 4:4:2 breakfastbut a “humungous” fo o t b a l l -sized Balotelli roll is also pop-ular. There is also a sausagesandwich called Drogba’sJumbo Dog – a homage toDidier Drogba, one of Jose’sgreatest signings.

Daughter Selina, 32, said:“He eats, breathes, lives foot-ball, always has done. I’ve hadit all my life.

“Every other word he uttersis football related and he’s ab-solutely mad about Chelsea. Iquite like football but not likehim or my husband Darren, Ijust let them get on with it.”

But Peter has some seriouscompetition for the title of thegreatest Mourinho fan.

Chelmsford student SeanBuxton has become a Twittersensation after posting a“selfie” of him sitting next tothe special one StamfordBridge on Saturday.

The Blues boss was sent tothe stands following a con-frontation with referee An-thony Taylor, and on Tuesdaythe Portuguese manager wasreprimanded by the FootballAssociation for his behaviourahead of the ChampionsLeague group match withS ch a l ke.

Darren and Selina Williams outside the Weston-super-Mare café that isnamed after Chelsea manager Jose Mourinho, right

Diane Savory, chairman of theeconomic partnership GFirstLEP, has been presented withan OBE (Order of the BritishEmpire) for helping to driveand encourage local busi-n e s s e s.

Her proud son Oscarwatched as she was given theaward by the Princess Royal ata ceremony at WindsorC a s t l e.

Diane was honoured in theQ u e e n’s Birthday Honours listearlier this year for her ser-vices to help make Gloucester-shire become a better place tolive and work with thrivinglocal communities and a flour-ishing economy.

Diane said she could notthank enough those who hadnominated her for the award.

“Receiving my OBE fromthe Princess Royal was such aspecial day and a privilege,”she said.

“It was a pleasure and adelight to meet the Princess

Diane receivesher OBE fromPrincess Royal

Royal who took an avid in-terest in the good work that weare doing for growing the localeconomy of Gloucestershire,especially with skills creationand apprenticeships.

“I’m passionate about gal-vanising and empoweringbusinesses and people inGloucestershire to overcomecurrent economic challengesand thrive with new oppor-t u n i t i e s. ”

Under her chairmanshipGFirst LEP has established 12sector groups focused on driv-ing growth.

And the work of the RetailSector Group and the BankingSector Group has alreadygained national recognition.

Diane’s leadership at GFirstLEP follows a career as theformer chief operating officerof retail brand SuperGroup,the makers of Superdry.

She joined the LEP twoyears ago and she has beeninstrumental in setting up andsupporting the infrastructureof GFirst LEP.

DianeSavory’sleadership atGFirst LEPfollows acareer withSuperGroup

are only 13,000 student beds inthe city creating obviousdemand. And with studentspaying higher prices for abetter standard of accommod-ation, there is profit to bem a d e.

George Griffith, associatedirector at CBRE Bristol, said:“Bristol continues to be one ofthe most sought after destin-ations for undergraduates formany reasons, one of whichbeing the variety of accom-modation that is available.There is evidence that there isstill plenty of demand for top ofthe range student accommod-ation especially as students(and their parents) becomemore demanding about thequality and type of accommod-ation that they seek.”

The 4,250 square metreAnchor Road site, known as

CELEBRITY SEARCHwesterndailypress.co.uk

David and Victoria Beckhamare said to be looking for ahouse in the Cotswolds –www.westerndailypress.co.uk

Page 7: Business 24 October 2013

WESTERN DAILY PRESS THURSDAY OCTOBER 24 2013 WEST COUNTRY BUSINESS 7WDP-E01-S3

Bridge closurehas cost localeconomy dearBY JEFF [email protected]

The controversial closure ofthe railway bridge in CastleCary is coming to an end, buthas reportedly cost the localeconomy millions of pounds.

The bridge has been closedsince July, and work is an-ticipated to continue untilNovember, a total of 19 weeks.

The resulting 32-mile diver-sion for goods vehicles has res-ulted in over £1 million incosts for just eight major localbusinesses, and the cumulat-ive effect on smaller busi-nesses has been calculated as afurther £1 million at least.

Additional costs have alsobeen borne by local residentsin hugely increased journeytimes and inconvenience.

Somerston and Frome MPDavid Heath raised the issues

the closure period, they haverejected any attempt to findways of providing viable al-ternatives for local people, andeven the promises to ensureproper advertising of access tolocal businesses and adequatesignage have been unsatisfact-o r y.

“The costs and the incon-venience to local people havebeen enormous, and I thinkpeople would have been un-derstanding if they felteverything was being done tohelp them through, but sadlythat is not the impressiont h at ’s been given.”

Network Rail has said thatwork is progressing on sched-ule and the bridge will open tosignal-controlled single-lanetraffic from November 15 andfully reopen on November 29.

David Warburton, the Con-servative parliamentary can-didate for Somerton andFrome, contacted the Trans-port Secretary PatrickMcLoughlin to express hisconcern at the detrimentaleffect of the closure of thisvital road, and request that thework be completed as soon asp o s s i bl e.

Mr McLoughlin said: “Ans-ford Bridge is being repairedand strengthened to bring itback up to 40-tonne loadingcapacity, which means notonly the safe passage of trainsbeneath but also provides arobust route over the railwaywithout weight restrictions,which is essential for localbusiness. I’m pleased thatwork has progressed on sched-ule and that the bridge willreopen very soon.”

Mr Warburton said: “For thepast 13 weeks, the closure ofthe A371 at Ansford Bridge inCastle Cary has had a signi-ficant effect on local busi-nesses and has been disrupt-ive to local residents.

“The maintenance andrepair work to the bridge wasvital, but we desperately neednow to get things back up andr unning.”

The Ansford railway bridge near Castle Cary has been closed since July, and work is anticipated to continue untilNovember, a total of 19 weeks, which has led to discussion of the issue in Parliament

Star restaurant adds to its sparkle with new champagne barA Michelin-starred restaurantin Bristol has teamed up withchampagne house Moët &Chandon to create a bespokeGrand Vintage ChampagneB a r.

The contemporary bar ismade from solid French oakand is showcasing the 2004,1999 rosé, 1990 Brut, 1952 and1972 wines in magnum, whichwill all be available by theg l a s s.

To compliment the cham-pagne bar, Casamia is workingtogether with Cathedral Kit-chens to create a unique “som-melier section”.

Cathedral Kitchens is a kit-

chen fitting company based inWorcestershire who designedthe kitchen at Casamia.

The “sommelier section”will enable front of house towork alongside head chefsJonray and Peter Sanchez-Ig-lesias to create a bespoke andselective wine collection.

The section will hold winesfrom across the globe selectedby new head sommelier JeanSebastian to accompany theseasonal menus.

Jonray said: “As my brotherand I continue to enhance ourdishes and push boundaries inthe kitchen, it is importantthat the restaurant grows and

develops with the menu. It isparamount to us that we giveguests an unforgettable exper-ience and what better way toensure this than with a uniqueMoët & Chandon VintageChampagne Bar and selectionof wines that will take food andwine matching to anotherl eve l ?

“We are extremely excitedand fortunate to work withbrands such as Moët & Chan-don and Cathedral Kitchenswho support us in our desireto make a visit to Casamia adining experience like noo t h e r. ”

Casamia won the title of

Gordon Ramsay’s Best Res-taurant in the 2011 ChannelFour series, while Peter wascrowned the South WestChampion on BBC2’s G re a tBritish Menu earlier thisye a r.

Moët & Chandon is one ofthe world’s largest champagneproducers, and holds a royalwarrant to supply champagneto the Queen.

It was established in 1743 byClaude Moët, and today ownsmore than 1,000 hectares (2,500acres) of vineyards, and an-nually produces approxim-ately 26,000,000 bottles ofchampa gne.

Casamia head chefs Jonray andPeter Sanchez-Iglesias

The FTSE 100 Index ended anine-day winning streak thathad propelled it to a five-month high as investorssought to lock in profits.

It had reached its highestlevel since May in the pre-vious session, as sluggish USjobs data increased the like-lihood of the America’s cent-ral bank continuing itsmassive quantitative easingprogramme for some time toc o m e.

But concerns over creditconditions tightening inChina – after its banks tripleddebt write-offs – punctured themood, sending Asian marketssliding overnight. The wor-ries helped drive the FTSEdown 21.2 points to 6674.5.

Stock exchanges in Paris,Frankfurt and New York alsofell. Meanwhile on the cur-rency markets, the pound washit by concerns expressed byBank of England policy-makers that its strength couldhit exports.

Sterling lost one centagainst the greenback, to 1.62US dollars, while it dropped bya narrower margin againstthe single currency, to 1.17e u ro s.

In London, banks were

FTSE 100’swinning streakcomes to end

among the stocks under pres-sure amid the lacklustre trad-ing.

Royal Bank of Scotland fellnearly 3 per cent or 9.9p to352.1p as attention remainedon the prospect of the insti-tution being split up under theGover nment’s imminent “badbank” review. Barclays was4.4p lower at 268.2p whileHSBC dropped 9.4p to 678.3p.

Other notable fallers in-cluded BT after UBS down-graded the telecoms stock tosell on fears that the marketfor its new sport channels maynot be as large as the companyhad expected. Shares fell 4.7pto 362.5p.

RSA Insurance topped theFTSE 100 risers board astakeover speculation returnedto the stock, which was up 3.1pat 127p.

Housebuilder Persimmonwas not far behind, up 29p to1256p, after the BritishB a n ke r s ’ Association repor-ted the strongest month formortgage approvals since2009.

In company results, HomeRetail Group rose 4 per centafter it said half-year pre-taxprofits rose 53 per cent in £27.4million, driven by early pro-gress in the digital makeoverof Argos and better trading atH o m e b a s e.

The DIY business recordedlike-for-like sales growth of 5.9per cent, marking thestrongest showing since it wasbought by Home Retail in 2002.Shares were 7.8p higher at1 9 2 . 1 p.

What closure of rail bridge inCastle Cary has cost firms in region

£2msurrounding the closing of theAnsford railway bridge nearCastle Cary station and thediversion of traffic wanting touse the A371 in Parliamentlast Wednesday. He said: “Ofcourse I accept that essentialmaintenance work on bridgeshas to be done, and that willinevitably cause inconveni-e n c e.

“But what worries me is thatNetwork Rail, a private com-pany with no democratic ac-countability, can arrange mat-ters entirely for its ownconvenience and cost savings,without any consideration forthe effect on the local com-m u n i t y.

“It has made little or noeffort to minimise disruptionor organise the work to reduce

FTSE 100 at the close yesterdayafter a fall of 21.2 points

6674.5

YESTERDAY IN THE CITY

Page 8: Business 24 October 2013

8 WEST COUNTRY BUSINESS THURSDAY OCTOBER 24 2013 WESTERN DAILY PRESS WDP-E01-S3

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West stocks highlighted

AEROSPACE & DEFENCEAvon Rubber 5411/2 5501/2 3121/4B AE 4503/4 -51/2 468 3003/4Chemring Group 219 +37/8 3211/8 2103/4Cobham 282 +1/4 3073/4 1901/8Me g gitt 554 +4 564 3661/4QinetiQ 2011/2 -3/4 2111/8 179Ro l l s - Ro yc e 1144 +7 1240 8441/2Senior 2847/8 +43/4 2883/8 1857/8Ultra Electronics 1932 -3 1981 1505

AUTOMOBILES & PARTSGKN 3703/8 +15/8 3703/4 201To ro t ra k 271/2 +1/4 351/2 231/2

BANKSB a rc l ay s 2681/4 -43/8 3337/8 2271/2Bk of Ireland 221/2 -1/8 225/8 77/8HSBC 6781/4 -93/8 7697/8 5953/4Lloyds Banking Gp 777/8 -1/4 781/8 401/2Royal Bank of Scotland 3521/8 -97/8 3847/8 2661/8Standard Chartered 1500 -22 18371/2 1395

BEVERAGESBarr (AG) 527 5881/2 4321/4Britvic 6091/2 +8 6091/2 3585/8D i age o 2029 +41/2 21361/2 1769SABMiller 3219 +33 3657 2619

CHEMICALSC a rc l o 3821/4 -103/4 501 3423/4Croda Intl 2534 -18 2841 2164Elementis 2431/2 -1/2 275 2041/4Johnson Matthey 2970 -13 2997 2190Por vair 255 -5 2981/2 1341/2Synthomer 2573/4 +3/4 2573/4 146Tre at t 6021/2 6321/2 365Vi c t rex 1645 -1 1765 1413Zotefoams 1801/2 -101/2 224 1801/2

CONSTRUCTION & MATERIALSAlumasc 135 137 80Balfour Beatty 2841/4 +1/4 3203/4 2075/8Boot (Henry) 192 -3 201 1231/2Boustead 181/2 181/2 181/2Clarke (T) 717/8 +1/4 721/4 40Costain 2831/2 +11/2 306 2261/4CRH 1517 -28 1580 1090Galliford Try 1142 +3 1157 678Gleeson (MJ) 3271/2 -61/2 3543/4 148Keller Group 1088 +11 1161 565Kier Group 1781 -6 1797 1106Kingspan Group 10477/8 +21/2 10647/8 6161/4Low & Bonar 735/8 -3/8 80 50Marshalls 1781/2 -11/2 184 871/2Morgan Sindall Gp 823 +5 828 508North Midland Const 116 1471/2 95Po c h i n s 391/2 391/2 20Titon 421/2 451/2 22

ELECTRICITYDrax Gp 658 +8 7171/2 5241/2SSE 1427 -18 1676 1364

ELECTRONIC & ELECTRICAL EQDialight 1192 -1 1399 9991/2Domino Printing Sci 691 -121/2 717 522Eurodis Electron 1 1 1Halma 551 +3 578 4111/2Laird 2437/8 +181/4 2491/4 1711/8Morgan Advanced 2961/2 -41/2 318 2401/4Oxford Instruments 1319 +7 1752 1209Re n i s h aw 1624 -15 2081 1494Ross Group 11/8 13/8 1/2Spectris 2277 -4 2470 1703TT Electronics 199 +1/4 200 114Vo l ex 123 -31/4 1703/4 84Xaar 812 +13 898 258XP Power 1595 +23 1595 955

EQUITY INV INSTRUMENTSAberforth Smaller Cos 1006 -4 1010 655Alliance Trust 439 -1/8 4641/4 3633/4Bankers IT 579 -7 586 427BlackRock Wld Mining 480 -10 6221/2 4241/2British Assets Trust 1381/2 -21/4 1403/4 1163/8British Emp Secs&Gen 4961/2 -2 522 445Caledonia Investment 1923 -10 1935 1457City of London IT 3711/4 -33/4 375 3033/4Dexion Absolute 154 -3/4 155 137Edinburgh Inv Tst 5731/2 -31/2 621 4861/2Electra Private Equity 2313 +12 2398 1785Fidelity Euro Value 1534 -13 1547 1174Fo re i g n & C o l o n i a l 3743/8 -31/8 383 3041/4JP Morgan Japan IT 2393/4 -43/4 2473/4 1541/2JPM Euro IT Gwth 2151/2 -11/2 2171/2 160Mercantile IT 1508 -11 1519 1020Merchants Trust 505 -5 510 3611/2Middlefield Canadian 104 115 991/2Monks Inv Tst 3843/8 -31/8 390 300Murray Income Tst 788 -7 820 6561/2Murray International Tst 1139 -12 1245 9821/2North American Inc 852 +2 9151/2 6671/2Perpetual Inc&Grwth 3511/4 -13/4 364 2751/2RIT Cap Partners 1246 -1 1285 1108Scottish Inv Tst 593 -5 606 464Scottish Mortgage 995 -7 1002 6671/2SVG Capital 400 +21/4 416 2577/8Temple Bar IT 1216 -11 1232 961

Templeton Emerging Mkts 5811/2 -31/2 678 514Witan Inv Tst 6421/2 -51/2 648 474

FIXED LINE TELECOMSBT Group 3621/2 -43/4 3673/8 2121/2Cable & Wire Comm 433/4 -1/4 461/4 341/4Colt Group 1233/4 +1/4 1351/2 931/2KC O M 985/8 -11/8 1003/4 681/4Talktalk Telecom 2651/4 -23/4 276 1865/8Telecom Plus 1518 +36 1518 830

FOOD & DRUG RETAILERSG re g g s 442 +33/4 5231/2 3921/8Morrison (Wm) 2831/8 -5/8 3021/2 2485/8Sainsbury (J) 3961/2 -2 4003/4 3217/8Te s c o 370 -13/8 3873/4 3147/8Th o r n t o n s 1091/2 -3/4 1113/4 285/8

FOOD PRODUCERSAnglo-East Plantations 650 -1/2 750 621Assoc Brit Foods 2089 +18 2089 1365Carr's Milling 1734 +9 1734 909C ra n sw i c k 1099 -1 1189 733Dairy Crest Group 5181/2 +1 5281/2 3427/8D ev ro 303 -1 380 2897/8Glanbia 8347/8 +185/8 9413/8 6261/8Greencore Gp 175 +23/4 175 883/4Kerry Group A 39187/8 -281/2 40931/2 32071/2Premier Foods 1851/2 +11/2 1851/2 593/4REA Hldgs 375 -4 4921/2 3591/4Tate & Lyle 7851/2 +5 883 7231/2U n i l eve r 2496 +12 2885 2290

FORESTRY & PAPERMondi 1109 -3 1112 625

GENERAL FINANCIAL3i Group 371 -3/8 3871/2 2053/4Aberdeen Asset Mgt 4255/8 -3/4 4921/8 3197/8Brewin Dolphin 280 +1/2 283 1693/4Close Bros Group 1272 -1 1300 8331/2F&C Asset Mngmt 1051/2 +11/2 1103/8 90Guinness Peat 303/4 331/2 231/2Hargreaves Lansdown 1171 +17 1171 6791/2Henderson Group 2087/8 -5/8 2093/4 1091/8ICAP 3831/4 +1/8 4221/4 2803/4IG Group 6221/2 +5 6221/2 4163/4Intermediate Capital 4963/4 +41/4 5011/2 2871/4I nve s t e c 4351/4 +1/4 5131/2 3643/8IP Group 149 +73/8 1585/8 1051/8London Stock Exchange 1665 +12 1665 930Man Group 881/8 -11/2 1343/8 713/4Pa rago n 3383/8 +1/2 3545/8 2381/4Provident Finl 1610 1773 1287Rathbone Brothers 1652 +23 1691 1208S c h ro d e r s 2659 +22 2659 1518Schroders NV 2205 +4 2209 1220Tullett Prebon 325 -83/4 3957/8 219World Trade Systems 41/2 41/2 41/2

GENERAL INDUSTRIALSBritish Polythene 650 -4 657 3721/2REXAM 501 -11/2 5471/2 4305/8RPC 4861/2 -1/4 4863/4 378Smith (DS) 3041/4 -3/8 3073/4 1971/2Smiths Group 1397 -58 1455 1018

GENERAL RETAILERSA l exo n 27/8 27/8 27/8Ashley (L) 261/2 291/2 24Beale 10 201/2 91/2Brown (N) 525 +21/2 577 3251/4Caffyns 430 450 365Carpetright 627 -4 7011/2 585Carphone Whse 258 +1 261 165Dar ty 82 +1 881/4 39D eb e n h a m s 1103/4 -3/4 1233/4 783/4Dignity 1380 +10 16871/8 9925/8Dixons Retail 481/4 +11/2 481/4 203/8Dunelm Group 898 -2 1047 613Euro Home Retail 21 21 21Findel 250 +1/4 2533/4 108Flying Brands Units 25/8 61/2 23/8French Connection 313/8 +3/8 34 23Halfords 4063/4 -11/4 4091/4 299Home Retail 1921/8 +73/4 1921/8 1043/4Howden Joinery Gp 3153/4 -53/8 3241/2 1603/8HR Owen 171 1723/4 61I n c h c ap e 6221/2 +41/2 645 3913/8JD Sports Fashion 1175 -5 1185 670Kingfisher 373 -3/4 420 2687/8L o o ke r s 1261/2 +2 1281/2 711/2Mallett 801/2 841/2 611/2Marks & Spencer 4853/8 -31/4 5131/2 359Moss Bros Group 75 +2 75 531/2M o t h e rc a re 389 -101/4 4923/4 271N ex t 5250 +25 5250 3542Pe n d rago n 363/4 -1/4 37 131/2Signet Jewelers 4716 +3 4934 3166Ted Baker 1763 +9 2017 935Topps Tiles 873/4 94 47WH Smith 905 -1 918 6061/2

HEALTH CARE EQPMNT & SERVBioquell 1491/2 160 130Consort Medical 8931/2 -1 9021/2 6601/2Smith & Nephew 803 +31/2 803 638Southern CrossH e a l t h c a re

61/4 61/4 61/4

Synergy Healthcare 1086 +12 1165 920UDG Hlthcare 3143/4 -61/2 3605/8 217

HOUSEHOLD GOODSAga Rangemaster 1323/4 +11/4 1353/4 543/8Barratt Developments 3391/4 -11/4 3551/4 1811/4B e l l way 1527 +22 1527 951Berkeley Grp Hldgs 2434 +50 2434 1482Bovis Homes 7941/2 +61/2 8511/2 4891/4G a s ke l l 21/4 21/4 21/4Headlam Group 384 -8 415 3021/2McBride 1151/4 -1/4 1463/4 101Pe r s i m m o n 1256 +29 1305 745Reckitt Benckiser 4732 -2 4950 3704Re d ro w 2571/8 +45/8 2571/8 154Taylor Wimpey 1137/8 +21/2 1137/8 565/8Vi c t o r i a 2321/2 245 1871/2

INDUSTRIAL ENGINEERINGAssoc Brit Engineering 135 145 115B o dyc o t e 667 -1 685 3623/4Castings 420 450 291Fe n n e r 410 -8 4351/4 3057/8G o o dw i n 3600 -53 3820 1575Hill & Smith 4781/4 +41/4 480 370IMI 1497 -15 1537 9181/2Melrose Ind 3145/8 +25/8 3145/8 2067/8Molins 1791/2 +3 1791/2 1231/2MS Intl 1731/2 2611/2 1731/2Re n o l d 46 +11/2 46 163/4Rotor k 2865 -10 3037 2229S eve r f i e l d - Ro we n 613/4 -2 1473/4 371/4Spirax-Sarco 2974 -22 3090 20031/4Tex Hldgs 791/2 791/2 521/2Tr i f a s t 783/4 +13/4 783/4 401/2Vitec Group 7011/2 +61/2 7251/2 559Weir Group 2343 +8 2474 1688

INDUSTRIAL METALSFirst Quantum Minerals 1129 -31 1492 8721/2

INDUSTRIAL TRANSPORTATIONBBA Aviation 3365/8 +93/4 3365/8 1953/4Braemar Shipping 520 -5 535 350Clarkson 2350 -10 2370 1150Fisher (J) 1119 -1 1148 7733/4Irish Continental Units 21831/8 22231/2 15077/8Ocean Wilsons 970 +21/2 11571/2 8971/2Stobart Gp Ord 1291/2 +11/2 1291/2 741/2UK Mail Gp 590 -9 645 265Wincanton 132 +1 1341/4 433/4

LEISURE GOODSGames Workshop 782 -3 8231/2 601H o r n by 793/4 871/2 551/4Photo-Me 130 133 49

LIFE INSURANCEAv iva 4387/8 +1/2 4413/4 2941/8Hansard Global 114 136 841/4Legal & General 213 +3 213 1321/2Old Mutual 2023/8 2215/8 1661/8P ru d e n t i a l 1269 +14 1269 8341/2Re s o l u t i o n 350 +25/8 350 2071/4St James Place 6761/2 +121/2 6761/2 3773/8Standard Life 3663/8 +1/2 4213/4 2821/4

MEDIA4imprint 607 +61/2 607 335Bloomsbury Pub 1721/4 -1/2 1761/8 102BSkyB 943 +1/2 943 709Centaur Media 513/4 -3/4 60 31Chime Comms 3213/4 +1/2 324 2061/2City of London Group 611/2 75 581/2C re s t o n 1013/4 109 751/4Daily Mail & Gen Tst 8621/2 8821/2 515Daily Mail A 787 -21/2 835 4511/4Euromoney Instl Inv 1053 -2 1209 7471/2Future 161/2 +3/8 213/8 121/4Haynes Publishing 195 195 157H I BU 1/8 1/2 1/8Huntswor th 651/2 -3/4 67 37Indep News&Media 91/8 -11/8 107/8 21/2Informa 5531/2 +41/2 554 3801/2ITE Group 3031/2 +33/4 3073/8 1831/2ITV 195 +27/8 1951/8 855/8Johnston Press 123/4 -1/4 19 97/8M o n ey s u p e r m a r ke t . c o m 1541/2 -13/4 221 134Pe a r s o n 1343 -8 1351 1119Quarto Group 1601/2 1621/2 136Reed Elsevier 866 +9 866 600R i g h t m ove 2625 +4 2634 1436STV Group 3161/2 +3 3161/2 947/8Tarsus Group 2351/2 -13/4 2483/4 175Trinity Mirror 1321/4 +61/4 1321/4 511/4United Business 6731/2 -14 788 636UTV 2111/2 +41/2 2111/2 1151/2Wilmington 2171/2 -11/2 219 1273/4WPP 1313 +3 1313 788

MININGAnglesey Mining 51/2 151/2 51/4Anglo American 1495 -61 2072 1207Anglo Pacific Res 2261/4 +81/2 289 161Antofagasta Hldgs 8651/2 -381/2 1381 7841/2Aquarius Platinum 471/2 -3/4 751/4 36Avocet Mining 16 +1/8 763/4 63/4BHP Billiton 19221/2 -28 2236 16661/2Bisichi Mining 115 +5 1261/2 95Coalfield Res 6 +1/8 87/8 27/8Ka z a k h my s 2513/8 -105/8 826 2333/4Ke n m a re 223/8 +5/8 397/8 213/4Lonmin 3263/4 -5 515 2531/2

Randgold Res 4640 -25 7435 3972Rio Tinto 3220 -411/2 3757 2582Vedanta Res 1065 -13 1335 992

MOBILE TELECOMMUNICATIONSI n m a r s at 723 -81/2 749 5421/2Vodafone Group 2291/8 +11/8 2291/4 1541/2

NONLIFE INSURANCEAdmiral Grp 1238 +7 1416 1019Amlin 4231/8 +1/8 4351/8 3641/8B e a z l ey 2163/8 -25/8 2423/4 1671/4Catlin Group 5061/2 -31/2 5521/2 4551/4Jardine Lloyd Thom 1007 +12 1007 723RSA Insurance Gp 127 +31/8 1361/4 1073/4

OIL & GAS PRODUCERSBG Group 12321/2 -8 13291/2 10001/2BP 4491/4 +11/4 4831/4 4165/8Cairn Energy 2811/8 -41/4 2961/8 2513/4Dragon Oil 6011/2 -8 662 510For tune 87/8 -1/8 121/2 71/8JKX Oil & Gas 71 -3/4 803/8 481/2Premier Oil 3281/2 -111/2 4001/4 3211/4Royal Dutch Shell A 20991/2 -21/2 23091/2 1987Royal Dutch Shell B 22001/2 +1/2 2365 20771/2Soco International 4063/8 -65/8 430 3263/8Tullow Oil 973 -7 1445 973

OIL EQUIPMENT & SERVICESAMEC 1146 +4 1148 9651/2Hunting 8811/2 +31/2 941 716Pe t ro f a c 1424 -14 1737 1194Wood Gp(J) 8091/2 -41/2 9151/2 7201/2

PERSONAL GOODSA bb eyc re s t 11/2 11/2 11/2Burberry Gp 1553 -3 1667 1134C re i g h t o n 6 6 11/2Lambert Howarth 181/2 181/2 181/2PZ Cussons 400 -121/8 4321/2 3343/4Worthington Group 3 8 3

PHARMA & BIOTECHArk Therapeutics 3/8 + 35/8 3/8A s t ra Z e n e c a 3210 +221/2 35211/2 27921/2B TG 4077/8 +111/4 4077/8 3171/2Dechra Pharms 6921/2 +1/2 780 569G e nu s 1374 -20 1594 1284G l a xo S m i t h K l i n e 15701/2 -301/2 1782 13171/2Hikma Pharmaceuticals 1150 +9 1150 7251/2Oxford Biomedica 23/4 - 27/8 13/8S h i re 2525 +32 2593 1727S k ye P h a r m a 911/2 +11/2 1013/4 431/2Source Bioscience 101/2 +1/8 113/8 91/8Ve c t u ra 115 117 77

REAL ESTATEBig Yellow Gp 4881/2 +41/4 4881/2 3227/8Bolton Group (Intl) 15/8 15/8 15/8British Land 613 +6 658 506Capital & Regional 451/4 +11/4 451/4 223/4Cardiff Property 845 845 730CLS 1195 -21 1260 6561/2Daejan Hldgs 3980 -99 4200 2706Derwent London 2567 +6 2567 1999Development Secs 219 -6 225 143G ra i n ge r 1833/8 -31/4 1871/2 1081/2Great Portland Est 594 +1 598 4511/2Hammerson 528 +1/2 554 4583/4Helical Bar 3033/4 +3/4 3071/2 178Highcroft Invs 660 695 575Intu Properties 3351/2 +3/8 366 3005/8Land Securities 987 +51/2 994 7621/2London & Assoc Prop 38 38 211/2McKay Secs 185 +31/2 185 1311/2Mountview Estates 6775 -200 6975 4350Mucklow (A & J) 456 -9 500 3473/4Panther Securities 3321/2 3421/2 285Primary Health Props 3171/2 -11/2 3641/2 3121/2Quintain Est & Dev 94 -11/4 951/4 513/4S av i l l s 633 -9 6641/2 4031/4Schroder Real Est 351/4 351/4 351/4S E G RO 3363/4 +13/4 3363/4 2215/8Shaftesbur y 621 +6 668 5241/2Smart (J) 85 901/2 721/2St Modwen Props 3581/2 +11/2 3581/2 1971/4Stewart & Wight 526 600 525Town Centre 224 +31/2 230 1783/4TR Property IT 2253/4 +35/8 2253/4 1571/2Unite Group 408 +11/4 408 2603/4

SOFTWARE & COMP SERVAnite 851/2 +1/2 162 763/4DRS Data & Research 221/4 23 151/4Electronic Data Proc 711/2 721/2 521/2E m bl a ze 491/2 61 43Fidessa Gp 2019 2190 1275Gresham Computing 126 -1/2 1401/2 647/8Innovation Group 311/2 +1/4 311/2 203/4I nve n s y s 503 5091/2 270Ko f a x 354 +5 388 2603/4M i c ro ge n 1271/2 1551/2 112Pa r i t y 36 -1 44 181/2RM 116 -8 124 64Sage Group 327 -61/8 3871/4 3043/8SDL 256 -23/4 5641/2 2541/4Triad Group 141/4 -3/4 161/2 51/2

SUPPORT SERVICESAcal 3121/2 +4 3121/2 1573/4A g g re ko 1513 +10 2254 1442

Ashtead Gp 670 +4 730 3563/8Atkins (WS) 1204 -1 1239 638Babcock Intl 1260 +17 1260 953B e re n d s e n 961 +1/2 961 563B ra m m e r 474 -3 4821/4 2371/2Bunzl 1366 -1 1409 1009Capita Group 979 +41/2 1057 713Carillion 3033/4 -63/8 3313/4 2443/4C o m mu n i s i s 613/4 -13/4 68 343/4DCC 2769 +14 2769 217/8De La Rue 8851/2 -951/2 1075 8851/2Diploma 680 688 435E l e c t ro c o m p o n e n t s 2933/4 -11/4 2951/4 2037/8E s s e n t ra 789 +1 830 543Experian 1235 +1 1288 980G4S 2523/4 -1/2 3131/2 2071/2Harvey Nash 901/2 -11/2 953/8 54H ay s 1231/4 -3/4 1241/8 763/4Homeser ve 2351/4 -53/4 2935/8 1855/8Hyder Consulting 544 +21 544 377Interser ve 625 +2 625 3491/8Intertek Group 3329 +16 3453 2819Jar vis 93/8 93/8 93/8Journey Group 1491/2 1491/2 1151/2L a t ch wa y s 1275 1345 940L ave n d o n 187 -1 1961/2 126Litho Supplies 5 5 5Macfarlane Grp 381/2 -1/2 393/8 24Management Cons 26 32 211/4Mears Group 428 +2 4301/4 2903/4Menzies (J) 806 -7 8411/2 573MICE Group 6 6 6Michael Page Intl 4831/4 +33/8 5021/2 3463/8MITIE Group 3123/4 -21/8 3147/8 248Nor thgate 4543/4 +3/4 4543/4 249Office2office 40 130 333/4Pay p o i n t 1054 -6 1185 765Premier Farnell 224 -4 2383/8 1651/2Re g u s 211 -3/4 2141/8 96Rentokil Initial 1115/8 +11/2 1115/8 85Ricardo 633 -5 638 3495/8Robert Walters 335 +1 335 191RPS Group 288 -3 291 1951/2Serco Group 540 6831/2 5161/2Shanks 1051/4 +13/4 1051/4 73SIG 199 +3/4 2001/8 102Smiths News 2091/4 +1/2 211 149Speedy Hire 651/4 +1/2 70 32St Ives 1811/4 -31/2 187 981/2S Th re e 361 +21/4 370 2991/2Travis Perkins 1805 +23 1805 1060Tribal Grp 1941/2 -11/2 2061/2 921/4Vp 494 -12 510 313Waterman Group 633/4 +11/4 633/4 361/2Wo l s e l ey 3286 -10 3483 26365/8

TECH HARDWARE & EQUIPMENTARM Hldgs 9531/2 -501/2 1097 6561/2BATM Adv Comms 181/4 -1/2 21 133/4Bede 3/4 3/4 3/4CML Microsystems 526 550 364CSR 550 -61/2 607 332F i l t ro n i c 661/4 831/4 303/4Imagination Tech 2823/8 -43/4 552 2351/8Nor thamber 341/2 +1 361/2 271/2Pa c e 3233/4 +333/4 3233/4 170Plasmon 3/8 3/8 3/8Spirent Comms 1231/2 -3/8 1691/4 118Vi s l i n k 451/8 +1/8 491/2 247/8Wolfson Microelectronics 1491/2 +3/4 2261/4 140

TOBACCOBritish Amer Tobacco 3386 +1 3784 30691/2Imperial Tobacco 2295 +3 2534 2120

TRAVEL & LEISURE888 Holdings 1675/8 +1/4 186 1023/4Air Partner 514 +17 514 2721/2Bwin.Party Digital 1221/4 +5/8 156 1011/4C a r n iva l 2162 +21 2628 2030Compass 903 +41/2 9101/2 680e a s y Je t 1348 +12 1448 6171/2Enterprise Inns 157 -3/4 1573/4 653/4F i r s t G ro u p 1181/2 -1/2 2233/4 92Fuller S.T.A. 9021/2 -61/2 969 726Go-Ahead Gp 1695 -2 1697 1220Greene King 848 +8 8971/2 589Intercontl Htls 1860 -5 2039 1524Intl Cons Airl 3643/4 +53/4 3643/4 1581/2L a d b ro ke s 1891/4 +3/4 2431/8 1673/8Marston's 1543/4 +3/4 1651/2 1183/4Millennium & Copth 6151/2 +10 6151/2 456Mitchells & Butlers 3983/4 -23/8 460 296National Express 2653/4 +31/4 2747/8 1641/2Paddy Power 48985/8 +413/4 60061/8 4626Punch Taverns 141/4 -1/2 151/2 61/8Rank Group 1501/2 -31/2 1771/2 1371/4Restaurant Grp 569 +31/2 575 364Ryanair Hldgs 5493/8 +103/8 6371/8 380Spor tech 90 -1/4 108 621/2S t age c o a c h 3421/8 +15/8 3421/8 2657/8Thomas Cook 1477/8 -17/8 1705/8 20TUI Travel 3801/2 -1/4 4011/2 2463/4Wetherspoon (JD) 745 -111/2 767 4933/4Wh i t b re a d 3345 -14 3372 2301William Hill 399 -11/4 4941/2 3287/8

UTILITIESCentrica 3603/8 -41/4 4021/4 3103/4Dee Valley 14871/2 +71/2 14871/2 1325National Grid 7761/2 +41/2 8471/2 682Pennon Group 699 -1/2 7321/2 598

Severn Trent 1875 +11 2090 1513United Utilities 7161/2 +111/2 7871/2 647

AIM1pm 39 -1/2 457/8 131/421st Century Tech 67/8 16 5600 Group 173/4 +3/4 173/4 93/8A bb ey 7811/2 +3 7781/2 530Advanced Medical S 973/4 +3/4 981/2 54Alkane Energy 411/4 +3/4 411/4 23Alliance Pharma 36 +1/8 381/2 307/8Amerisur Resources 46 +1/4 58 391/4A m i n ex 21/4 +1/8 53/4 2Andrews Sykes 312 3121/2 1991/2Antisoma 11/2 -1/8 2 13/8Aor tech 116 +41/2 116 411/2API 731/2 92 543/4Ashley House 201/4 203/8 107/8ASOS 5205 -208 5701 2135Aukett Fitzroy Robinson 5 51/8 21/4Avanti Capital 55 71 531/2Avesco Gp 2231/2 -111/2 235 154Bailey (CH) 2011/2 -21/2 204 1521/2BCB Holdings 161/4 -1/2 213/4 151/2Berkeley MineralRe s o u rc e s

21/4 + 3 21/8

Best of the Best 511/2 +11/2 611/2 20Billington Hldgs 97 97 38Braime (TF & JH) 'A' N/Vtg

5421/2 5521/2 4721/2

Capital Mngt & Inv 1981/2 -11/2 200 32Celtic 631/2 66 373/4Chamberlin 861/2 1801/2 76Clean Energy Brazil 25/8 71/2 21/2Clear Leisure 15/8 51/2 15/8Coal of Africa 8 - 23 71/8Colefax 2871/2 2921/2 2221/2Concurrent Tech 381/2 +1 541/2 371/2Connemara MiningC o m p a ny

47/8 91/4 47/8

CPL Resources 5021/2 5071/2 2621/2Crimson Tide 11/2 13/4 11/8Cropper (J) 3891/2 -51/2 420 1701/2Daisy Gp 1511/2 +1/4 1521/2 85Dart Group 2181/4 -43/4 2691/4 853/4Densitron Tech 61/8 +1/8 91/2 51/4D ew h u r s t 500 5421/2 440Dewhurst A 295 3721/2 2721/2Dillistone Group 1141/2 +2 1141/2 661/2Dolphin Capital Investors 403/4 +1/4 403/4 253/4Ebiquity 121 1211/2 92E c ko h 243/8 243/4 14Eco Animal Health 196 270 194Egdon Resources 81/4 117/8 65/8Eleco 22 241/8 7Eros Intl 254 +4 277 1871/2Faroe Petroleum 1283/4 +1/4 1633/4 1051/2Fe e d b a c k 5/8 3/4 3/8FII Group 63/4 63/4 63/4Finsbury Food 69 +1/2 773/4 38Fletcher King 351/2 +1/2 351/2 25Forbidden Technologies 301/2 35 181/2Futura Medical 641/2 +11/2 80 473/4F y f fe s 651/2 651/2 37Global Energy 961/2 -11/2 1221/2 69Gooch & Housego 5921/2 -21/2 595 415G ra fe n i a 213/4 321/2 181/2Great Eastern Energy 1971/2 2731/2 195Green Compliance 11/8 8 7/8Griffin Mining 323/4 381/2 261/2GW Pharmaceuticals 148 +1/2 158 391/2Hampden Underwriting 135 135 100Havelock Europa 191/2 +1/8 223/8 111/4Hayward Tyler 641/2 -21/4 663/4 161/2Heavitree Brewery 325 3371/2 325Heavitree Brewery A 1821/2 1921/2 175Helphire Grp 51/4 - 53/4 11/8Highland Gold Mining 731/4 +3/4 116 521/2H i rc o 20 523/8 191/4Hydro Intl 1061/2 -1 126 871/2I S Solutions 48 48 361/2I m ag i n at i k 1/8 3/8 1/8Independent Res 71/8 -1/2 111/8 47/8I n d i go Vi s i o n 299 +31/2 5011/2 2871/2Interior Services 2751/2 -8 2831/2 1321/2Iomar t 2703/4 -31/2 319 192James Halstead 300 +11/2 669 2373/4Jelf Group 901/4 941/2 591/2Johnson Service 511/8 -3/8 513/4 335/8Latham (J) 3771/2 399 270Leed Petroleum 1/8 + 1/4 1/8Lok'n Store 206 -101/2 2161/2 1111/2London Capital 34 -1/2 513/4 271/2London Security 1825 1825 16871/2M&C Saatchi 3093/8 +7/8 3161/2 170Majestic Wine 528 -2 545 397Mercer Resources 1 -1/8 13/4Metro Baltic Horizons 121/2 131/2 41/4M i ra d a 93/8 141/2 87/8Miton Group 44 +3/4 44 203/4Mulberry Group 1038 +7 1449 850Nanoco Group 1533/4 +1 199 65Nasstar 111/2 133/8 93/4Nationwide Accid Repair 611/2 78 481/2Netcall 44 -1/4 45 28Next 15 Comms 93 115 791/2Nichols 1142 +3 1237 7991/2Nighthawk Energy 103/4 +1/4 111/4 3North River Resources 5/8 11/8 3/8Northern Bear 241/4 -1/4 241/2 121/2Numis Corp 248 +95/8 251 1081/2Optimal Payments 292 -15 3171/2 1061/2

Ottoman Fund 29 37 29O xe c o 111/2 +1/8 141/2 83/4Panmure Gordon & Co 1421/2 225 1321/2Patagonia Gold 131/2 +1 27 8Paternoster Res 3/8 5/8 1/4Penna Consulting 87 +1 971/2 621/2Pennant Intl 741/2 891/2 38Personal Group 4187/8 +3/8 4431/2 320Petra Diamonds 1221/4 +13/8 132 993/8Petrel Resources 147/8 -1/8 271/8 6Pittards 25/8 -1/8 23/4 17/8Por tmeirion 6821/2 705 485Prime Active Cap 7 71/2 5Prime Focus London 23/4 -3/8 93/4 23/4Prime People 721/2 76 461/2P ro g i l i t y 81/4 133/4 7Publishing Technology 6221/2 +75 6221/2 97Pursuit Dynamics 213/4 -1/8 481/4 9Qihang Eqpt 61/2 121/4 61/4Qonnectis 331/2 37 25RAM Active Media 2 101/2 2Rangers Intl 483/4 -3/4 93 411/2Real Good Food 621/2 -13/4 66 36Redhall Group 521/2 +1/2 75 411/2Re d s t o n e 7/8 103/8 3/4Renew Holdings 1481/2 -13/4 1501/4 801/2RGI International 1297/8 1347/8 983/8Rockhopper Exploration 1543/4 +2 1751/2 1123/4RTC Group 15 17 11Sabien Technology 393/4 -33/4 433/4 20S a fe l a n d 26 26 51/4Sagentia Gp 1421/2 147 84Scapa Group 92 +5 951/2 611/2SciSys 731/2 +1 821/2 581/2Services Power Tech 45/8 57/8 33/4Ser voca 45/8 45/8 23/8Sinclair (Wm) 105 +1/2 1531/2 1041/2Sirius Minerals 9 +1/8 291/4 83/8Slingsby (HC) 375 5371/2 375Software RadioTechnolog y

333/4 -1/4 361/4 177/8

Sopheon 981/4 -3/4 150 741/2SPDI Secure 69 77 601/8S t at p ro 951/2 +1/2 106 731/2Sterling Energy 387/8 -3/8 411/2 331/4Stilo International 33/4 47/8 35/8Strategic NaturalRe s o u rc e s

93/8 +5/8 28 75/8

Sutton Harbour 261/2 -1/4 35 213/4S wa l l ow f i e l d 81 120 721/2Synetics 515 +5 515 2821/2Taliesin Property 1610 16471/2 1065Ta s t y 1171/2 +21/2 1171/2 501/2Taw a 17 451/2 17Telford Homes 3561/4 -51/4 365 149Telme Group 1281/2 1391/2 86Ten Alps 11/4 23/4 11/8Terrace Hill 273/4 +1/4 273/4 93/4Thorpe (FW) 128 -1 136 92Total Produce 66 673/4 381/2Trakm8 Hldgs 32 34 16Transense Techs 63/8 13 63/8Tr ave l ze s t 11/4 +1/8 61/4 1/4Turbo Power Systems 1/2 7/8 1/8TVC Holdings 50 84 47Ultima Networks 1 11/4 3/4U n iv i s i o n 3/4 +1/8 11/8 1/2URU Metals 25/8 31/2 17/8Ve r n a l i s 281/4 -1/4 31 193/8Vertu Motors 587/8 -1/8 60 37VPhase 1/8 7/8 1/8Walcom Group 3 3 21/2Walker Greenbank 1511/2 +1 160 671/4Weather Lottery 1/8 1/4 1/8West African Diamonds 11/8 31/8 7/8W YG 1081/2 -13/4 111 523/4Wynnstay Group 621 +5 621 399Wynnstay Props 275 275 2721/2XXI Century Inv 13/4 4 15/8Young Brewery A 1010 +171/2 10821/2 6921/2Young Brewery N/Vtg 660 7271/2 546Zincox Resources 155/8 52 141/2Zoo Digital 14 +11/2 171/4 61/4

BRITISH FUNDSConsol 21/2% 601/32 +1 7/32 661/32 561/16

Consol 4% 962 5/32 +1 1002 9/32 902 3/32

Conv 2.5% 822 3/32 +2 3/32 911 7/32 76Tres 21/2% 601 5/32 +9/16 671/2 533/4War Ln 31/2% 841 3/16 +1/2 959/16 792 7/32

Tres 8% 15 116 +1/32 1237/8 1157/8Tres 21/2% IL 16 3435/8 +5/16 3537/8 3397/8Tres 83/4% 17 1281 3/16 +1/8 1387/32 1273 1/32

Tres 8% 21 1411 3/32 +1 1/32 1532 9/32 1385/8Tres 5% 25 1223/16 +1 3/32 1331/2 1185/32

Tres 6% 28 1361 5/32 +9/16 1509/32 1311 5/32

Tres 41/4% 32 1145/8 +1 9/32 1252 3/32 1091 1/16

ReportsTODAYFinals DebenhamsInterims B l o o m s bu r yPublishing, Shire (Q3),Stobart, Unilever (Q3)Trading updates Go-Ahead(AGM), Inchcape, WPPTOMORROWTrading updates Phoenix,Ve s u v i u sReport First estimate ofGDP for the third quarter

Major movers

Pace 32334 +333

4 +11.66 +10.14Laird 2437

8 +1814 +8.06 +8.69

IP Group 149 +738 +5.23 +8.76

Home Retail 19218 +73

4 +4.23 +7.92Al Noor Hospitals Gp 918 +33 +3.73 +11.61SuperGroup 1186 +38 +3.31 +11.36Dixons Retail 481

4 +112 +3.26 +3.90

BBA Aviation 33658 +93

4 +2.97 +5.95BTG 4077

8 +1114 +2.85 +7.97

Kenmare Resources 2238 +5

8 +2.85 -2.65

FTSE 100 Index

Risers▲ Price Rise p % rise Wk% chng

De La Rue 88512 -951

2 -9.73 -6.40Intl Personal Finance 623 -451

2 -6.81 -5.10Telecity 7791

2 -4712 -5.74 -1.58

Essar Energy 12014 -67

8 -5.43 -5.80ARM Hldgs 9531

2 -5012 -5.03 -7.43

Ferrexpo 18434 -91

4 -4.74 -4.84Evraz 1283

8 -534 -4.32 -2.73

Antofagasta 86512 -381

2 -4.26 -2.86Kazakhmys 2513

8 -1058 -4.05 -3.53

Centamin 4934 -21

8 -4.03 +4.80

Fallers▼ Price Fall p % fall Wk% chng

6630

6650

6670

6690

6710WEDNESDAY

8 9 10 11 12 1 2 3 4 cls

Close - Down 21.18 at 6674.48