Internal working models operate unconsciously and are generally resistant to change. When change does occur it comes about through the development of epistemic trust - defined in this instance as the ability to receive and treat new knowledge from others as personally relevant and therefore capable of modifying our own internal working model.
16:30 Kempton Prince of Rome Look for the late money.
William Hill Many small investors in William Hill have had their fingers badly burnt, having jumped into the stock on the back of media stories that the company had signed a strategic partnership with CBS Sports that would give the company a major foundation vis a vis its plan to expand in the US betting market. Shares in the company are down 9% since yesterday over news of a suggested £2 cap on online casinos. For now, the market seems quite content to focus on domestic issues rather than on the potential benefits that will accrue for US expansion. Very bad timing indeed for many rookie investors who piled into the bookmaker after analysts at Jefferies suggested that its shares could more than double on the back of the CBS news.