Lookers chiefs fuel up on shares
A round-up of the biggest director buys today so far.
Shares in car dealer Lookers have almost doubled in less than a week after non-executive director Tony Bramall piled in again following the group's latest update.
Bramall took his family interest in the business to 22.3%, or 40.5m shares, after spending £375,000 on 1.25m shares at 30p each on Friday.
He was joined by a bunch of other directors, including chief executive Henry Surgenor, who spent more than £50,000 between them.
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 Manchester-based company said last Thursday that trading was "challenging" in September and that the outlook for the rest of the year is similar.
Noting that the Society of Motor Manufacturers & Traders reported a 21% downturn in the national new car market, Lookers said it had experienced a similar decline.
It said it was seeking to save costs by redirecting sales back to main hubs and leaving underperforming businesses.
Top Director Buys
Lookers (LOOK)
Director name: Mr D C A Bramall
Amount purchased: 1,250,000 @ 30.00p
Value: £375,000
Griffin Group (GFF)
Director name: Mr Vincent Nicholls
Amount purchased: 20,000,000 @ 0.50p
Value: £100,000
Melrose Resources (MRS)
Director name: Mr Robert F M Adair
Amount purchased: 45,000 @ 220.00p
Value: £99,000
Aberforth Geared Cap & Inc Tst Income (AFHI)
Director name: Mr T Michael Foulkes
Amount purchased: 100,000 @ 97.00p
Value: £97,000
Terrace Hill (THG)
Director name: Mr Robert F M Adair
Amount purchased: 177,690 @ 23.00p
Value: £40,869
PZ Cussons (PZC)
Director name: Mr James Steel
Amount purchased: 12,750 @ 125.90p
Value: £16,052
Lookers (LOOK)
Director name: Mr Brian Schumaker
Amount purchased: 70,000 @ 21.50p
Value: £15,050
Ceres Power Holdings (CWR)
Director name: Sir David Brown
Amount purchased: 20,000 @ 70.60p
Value: £14,120
Lookers (LOOK)
Director name: Mr H K Surgenor
Amount purchased: 50,000 @ 22.00p
Value: £11,000
Top Director Sells
Bunzl (BNZL)
Director name: Mr Michael J Roney
Amount sold: 71,930 @ 628.70p
Value: £452,224
Bunzl (BNZL)
Director name: Mr Michael J Roney
Amount sold: 38,052 @ 628.70p
Value: £239,233
Griffin Group (GFF)
Director name: Mr Stephen Dean
Amount sold: 23,250,000 @ 0.50p
Value: £116,250
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.
-
Reeves warned against property tax shake-up – 3 ways it could backfire on first-time buyers
Rachel Reeves reportedly has her eye on high-end property taxes in the upcoming Budget, but there are concerns a shake-up could unintentionally hamper those trying to get on the housing ladder
-
Average Brits want to retire five years before they can – who has the widest retirement gap?
Brits are expecting to work for longer than ever but there are big disparities in the number of extra working years predicted. A small tweak could help close the gap