Manroy's chairman Andrew Blurton has been upping his stake in the machine gun maker.The firm announced today that he bought 25,000 shares at 110p a time. Earlier in the week he took 10,000 shares at 104p a time. He now has 295,000 shares, which is more than 2.3% of the company.Manroy supplies the UK Army. In January it announced that it had signed a spare parts contract with an unnamed Middle East government.Weapons the company supplies include the .50" M2HB Machine Gun and the ME 7.62mm GPMG.Top Director BuysCable & Wireless Communications (CWC) Director name: Sir Richard D LapthorneAmount purchased: 1,501,131 @ 36.57p Value: £548,964Absolute Return Trust Ltd. GBP Shares (ABR) Director name: Mr Nicholas FryAmount purchased: 29,301 @ 117.90p Value: £34,546Manroy (MAN) Director name: Mr Andrew F BlurtonAmount purchased: 25,000 @ 110.00p Value: £27,500Breedon Aggregates Ltd. (BREE) Director name: Mr Peter W G TomAmount purchased: 100,000 @ 18.50p Value: £18,500
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Steve Webb: The triple lock is there to do a job. I’m not embarrassed or ashamed of itThe triple lock means 13 million pensioners will now get an above-inflation state pension boost in April. While the rising cost of the policy has stirred controversy, Steve Webb, who served as pensions minister when it was introduced, argues the triple lock is vital and should stay. Webb speaks to Kalpana Fitzpatrick on the new episode of MoneyWeek Talks – out now.
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