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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/bookmakers-defy-wider-market-dip.jpg"><img class="alignnone size-full" title="The FTSE 100 Index dropped one point to 6055.8 as the market opened" src="http://londonglossy.com/wp-content/uploads/2011/01/min-bookmakers-defy-wider-market-dip.jpg" alt="The FTSE 100 Index dropped one point to 6055.8 as the market opened"/></a></p>
<p>Shares in the UK&#8217;s biggest bookmakers have raced ahead after William Hill said the weather conditions that decimated sporting fixtures in the run-up to Christmas may not have been as damaging to its business as many feared.</p>
<p>William Hill forecast annual profits at the top end of expectations and said retail turnover grew by 4% in December despite the weather disruption.</p>
<p>In a lacklustre session for the wider market, with the FTSE 100 Index down one point at 6055.8, the second-tier pair of William Hill and Ladbrokes made strong progress &#8211; up 10.5p to 187.2p and 5.4p to 137.5p respectively.</p>
<p>Trading conditions were less favourable in the consumer goods sector before Christmas as Comet owner Kesa Electricals warned it expected to make a full-year loss in the UK. With the company bracing the City for results at the bottom end of expectations, shares slumped 6%, or 9.6p, to 141.2p.</p>
<p>Kesa was joined on the FTSE 250 fallers board by a clutch of housebuilders amid continued uncertainty over the property sector. Redrow fell 2p to 129.9p, Taylor Wimpey dropped 1.1p to 37p and Persimmon eased 10.2p to 448.9p.</p>
<p>There was further punishment for HMV shares after the music store confirmed its suppliers were being hit by a reduction in credit insurance amid fears over the chain&#8217;s trading position. HMV fell 11%, or 3p, to 23.25p.</p>
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