The sector mainly reflects business services provided by specialised firms to others. They may, for instance provide support services to businesses, such as office administration, hiring and placing of personnel, legal services (a newish segment in the quoted arena), accounting, design, printing, security services, travel arrangement, cleaning, and waste disposal.
It is a sector which generally responds positively to a supportive economic environment. However, while there are some strong businesses, there have been some well-publicised negative performances as some firms faced notable challenges.
An Oxford University graduate, David has over 35 years' experience in the Retail and Consumer sectors. He has previously worked as a retail analyst at UBS Warburg, Credit Suisse, Investec and Canaccord, covering both UK and Pan-European stocks. Unlike many of his peers, David has the added advantage of an industry background; prior to his career in the City, he spent fourteen years as a management consultant, advising retail and consumer companies.