Fantasy war games retailer Games Workshop today said the hobby was in “good health” despite reporting a 73% drop in pre-tax profits.

Buyers padding out their portfolios with media and defence stocks today ensured the London market made strides during the first trading week of the new year.

Fantasy war games retailer Games Workshop today warned its full year profits would fall short of market expectations after interest in Lord of the Rings - one of its mainstay lines – continued to wane.