Security specialist suffers slowdown

NEWS Network security specialist Diagonal, based in Farnham, Surrey, has warned that recent events in the US will hit company profits. A statement on the Diagonal website says: "Diagonal announces that its Secure Networks Division, in particular the network infrastructure element of the business, has recently experienced a significantly reduced level of demand, following the seasonally quieter summer period." Diagonal shares fell 22p on the warning, closing the day at 79p, from a year high of 365p.