Merrill Lynch Global Research, Bloomberg, Datastream, IBES Chart 68: Retail is expensive on a range of metrics Tesco Aldi Lidl Waitrose Morrisons Sainsbury's Asda -100 -50 0 50 100 m Market share of grocers, yoy Source: Kantar Worldpanel Chart 69: Not cheap even if you strip out the two biggest ex-UK

attended her birthday party at the Dorchester Hotel in London. The starry guest-list included Britain's richest MP, Labours Shaun Woodward, and his Sainsbury's heiress wife Camilla, Pink Floyd drummer Nick Mason and former It- girl Tamara Beckwith. Last year, Ghislaine maintained a near-constant presence

o PF 1997 GBP173 Bank First Direct (UK) 1989 GBP49.9 insurer Sc. Wid. Bank 1995 GBP16.5 Bank The One Account 1997 GBP23 Bank/Retailer Sainsbury's Bank 1997 GBP22 Insurer Standard Life Bank 1998 GBP4.6 Bank Direct Line Rescue 1998 GBP31 Former CU Cahoot 2000 (GBP15) Bank Goldfi

ospectus for remaining stake sale (trading +1.2%) • Sodexo Q1 revs shade better, FX was 5% negative, reconfirms 2014 objectives (trading +1.2%) • Sainsbury's trading statement, LFL sales (ex-fuel) beat, sees cautious consumer spending (trading -1.8%) • Persimmon trading statement good, new house delive

t work of the Aussie The Times • We don't share Europe's vision. So I want out The Times • Eye-catching recruits and full bank buyout fast-tracks Sainsbury's push for supremacy Independent • Hamish McRae: Booming equity markets can feed back into growth Independent • Free banking at risk as EU wants

ty inline, LFL's +6% with slight margin improvement (trading +0.25%) • Sainsbury FY adj pretax slight ahead, revs inline, to take full ownership of Sainsbury's bank (trading -2.0%) • CSR O1 sales, net income and adj EPS slight ahead, maintains O2 sales targets (trading +5.7%) • CRH trading update, LFL

attended her birthday party at the Dorchester Hotel in London. The starry guest-list included Britain's richest MP, Labours Shaun Woodward, and his Sainsbury's heiress wife Camilla, Pink Floyd drummer Nick Mason and former It- girl Tamara Beckwith. Last year, Ghislaine maintained a near-constant presence

attended her birthday party at the Dorchester Hotel in London. The starry guest-list included Britain's richest MP, Labours Shaun Woodward, and his Sainsbury's heiress wife Camilla, Pink Floyd drummer Nick Mason and former It- girl Tamara Beckwith. Last year, Ghislaine maintained a near-constant presence

la! Checking to see if iphone connects to you and how are you!???? O n Island 05:20:43 pm Yay! Having fun?? There's a Fndn called GATSBY that is Sainsbury's money 05:21:04 pm Their big portfolio is neuroscience - some cool stuff a lot of computation. 05:21:04 pm I will try to learn more about their

ended her birthday party at the Dorchester Hotel in London. The starry guest-list included Britain's richest MP, Labour's Shaun Woodward, and his Sainsbury's heiress wife Camilla, Pink Floyd drummer Nick Mason and former Itgirl Tamara Beckwith. Last year, Ghislaine maintained a near-constant presence