New Travis chairman buys
A round-up of the biggest director deals today so far.
Robert Walker, the chairman-designate of Travis Perkins, has bought his first shares in the builders' merchant. Walker was appointed to the Travis Perkins board on 30 September 2009 and he is due to take over as chairman from Tim Stevenson in May 2010.
Walker has bought a total of 25,000 shares at a total cost of £194,000.
Walker is currently chairman of WH Smith and a non-executive director of Tate & Lyle. In the past he was a non-executive director of plumbing products distributor Wolseley. Walker's executive background is in the consumer products sector having spent many decades with Procter & Gamble and PepsiCo.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Walker's appointment to the board coincided with a trading statement from Travis Perkins showing turnover 11% lower in the first nine months of 2009. However, the decline in like-for-like sales in the merchanting division slowed in the third quarter. Net debt has reduced from the £527m reported for the end of June 2009.
Top Director Buys
Value: £175,401
Value: £97,200
Value: £96,925
Value: £37,310
Value: £16,500
Top Director Sells
Value: £41,540
-
10 vinyl records worth up to £10,000 - is one in your collection?
News Vinyl is experiencing a resurgence and collectors will pay up to £10,000 for some albums - is it time to dust off your old records?
By Marc Shoffman Published
-
FCA: Banks are still short-changing savers
The latest FCA review finds that while public shaming has encouraged providers into offering better deals on savings, many of those with closed accounts are still being shortchanged.
By John Fitzsimons Published