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Client Numbers Continue to Dwindle

The first table lists financial PR advisers by their numbers of stock market clients. Buchanan Communications retains its first place, with 109 clients this quarter as in November. Runner-up is Financial Dynamics again, although at 105 it has lost two clients since last time. Seven firms have fewer clients than they had in the pervious quarter, the most significant loss being that of Weber Shandwick / Square Mile which has fallen from 77 to 67, though remaining in third place. Three firms have gained clients - Bankside Consultants is up four to 56, Tavistock Communications is up three to 40 and Hudson Sandler has gained two clients and now has 43.

Clients making the most pre tax profit are the basis of the second 'size' table. Brunswick remains in the lead, but with a figure reduced from £10388.5m in November to £9958.2m. Second is College Hill Associates with £868.4m, well up on its previous result of £693.4m: it has swapped places with Hudson Sandler, now in third place with £716.7m (£749.4m in November). Five firms out of the ten show improved figures. The heaviest fall is that of Buchanan Communications, down from £188.5m to £123.5m.

Table number three is the first 'growth' table and is concerned with the average increase in clients' pre tax profits. College Hill has moved up one place to the top of the table, with a figure of 19.1%, while last quarter's leader, Weber Shandwick/Square Mile, has fallen three places, with a figure down from 11% to 10.4%. Also travelling downwards is Hudson Sandler from fourth place in November to ninth and from 5% to -2%. Eight out of the ten firms show positive figures, the same proportion as last quarter.

The second growth table lists the PR firms by clients with the fastest increasing earnings. College Hill Associates, with 21.5%, well up on last quarter's figure of 13.7%, is in the lead, having ousted Tavistock Communications, with 17.7%, from its November position at the head of the list. The biggest move upwards is that of Citigate Dewe Rogerson which has jumped from eighth place to fourth and from 0.3% to 11.0%. Eight of the ten firms have positive figures, one fewer than last time.

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