Sainsbury's chairman David Tyler has taken advantage of strength in the share price of credit checking firm Experian, where he is a non-executive director, to sell a big stake.He sold 90,000 at 814.8p a time, pocketing a total of £733,000.Experian last week said it saw organic revenue growth of 6% in the second quarter of 2011, and continues to anticipate organic revenue growth in the mid-high single digit range over the full-year. When Tyler last sold shares in Experian, offloading about 105,000 in June, he got 787.7p for each one.Tyler was the finance director of the GUS, the conglomerate that demerged into Experian and Argos and Homebase owner Home Retail Group in 2006.He is also the chairman of software group Logica and a non-executive director of luxury fashion group Burberry. Tyler joined Sainsbury's in 2009.Top Director BuysQihang Equipment Company Ltd (QIH) Director name: Mr Yuanqing LiAmount purchased: 500,000 @ 20.00p Value: £100,000Top Director SellsExperian (EXPN) Director name: Mr David A TylerAmount sold: 90,000 @ 814.83p Value: £733,347
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Reeves ‘looks at minimum UK shareholding' in ISA reformOn top of a rumoured £10,000 cash ISA limit, chancellor Rachel Reeves is reportedly considering adding a minimum UK shareholding requirement to the stocks and shares ISA
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Rightmove: Asking prices rise by 0.3%, but increase is lower than typical for OctoberOctober saw asking prices grow by £1,165 on average, Rightmove says, but the increase is far below the usual autumn bump as the property market braces for next month’s Budget.
