Wolseley boss buys more shares
A round-up of the biggest director deals today so far.
Wolseley chief executive Claude 'Chip' Hornsby has topped up his holding in the plumbing firm, spending a total of £50,400 in shares.
Hornsby bought 25,000 shares at a price of 201.60p each. He now holds 114,323 shares in the group.
Earlier this month, Wolseley announced a major restructuring plan and a complex £1bn cash-call that it hopes will strengthen its balance sheet and reduce debt.
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
The group also scrapped dividends as half-year profits slumped 61% and warned of further job cuts.
Top Director Buys
Value: £50,400
Value: € 33,600
Top Director Sells
Value: £833,033
Value: £660,841
Value: £149,967
Value: £138,579
Value: £83,110
Value: £65,955
Value: £64,564
Value: £27,260
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.
-
The five insurance policies you should have
Some insurance cover will be more important than others. We look at five insurance policies you may need to have to make sure you aren’t caught out in an emergency
-
Is Donald Trump putting the US dollar in danger?
Donald Trump's administration sees one of its greatest advantages – the US dollar – as a burden. Gold is the obvious beneficiary, says Cris Sholto Heaton.