Tuesday newspaper round-up: Cadbury, house prices, retail salesCadbury shareholders have signalled that they will hold out for at least an 800p-a-share offer from Kraft, the US food giant, which made a 715p-a-share offer yesterday, says the Times.More properties coming on to the market did not stop house prices rising in October, according to the Royal Institution of Chartered Surveyors. The institution’s figures showed an increase from 21 per cent to 34 per cent in the number of surveyors reporting a price rise rather than fall last month — the third positive month in a row, the Times writes. People are more optimistic about the economy than at any time for the past 18 months, according to a Populus poll for The Times today. It shows that the number of voters thinking the country as a whole will do well over the next year has risen from a quarter to a third since July and is now the highest since April 2008. But nearly two thirds still think that the country will do badly over the next year. The best October retail sales since 2002 provided further evidence that consumer confidence is improving ahead of the crucial Christmas trading period, but the figures were flattered by "dreadful" trading last year when the banking crisis gripped the nation. Like-for-like sales jumped by 3.8 per cent and total sales were up by 5.9 per cent over the month, the latest British Retail Consortium-KPMG Retail Sales Monitor found, the Independent reports. Thefts from shops in the UK soared by a record 19 per cent to nearly Ł5bn in the year to the end of June, as a new breed of middle-class shoplifter sought to maintain a wardrobe of luxury items during the recession. The Global Retail Theft Barometer 2009 also revealed that Britain remains at the top of the European shoplifting league ahead of Germany and France, writes the Independent. |
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| P/E: 9.5 | Div Yield: 1.1% 
| P/E: 30.6 | Div Yield: 2.2% 
| P/E: 11.3 | Div Yield: 5.0% 
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