An upgraded analysis of ǫ, x d and ǫ ′ /ǫ, using the latest determinations of the relevant experimental and theoretical parameters, is presented. Using the recent determination of the top quark mass, m t = (174 ± 17) GeV, our best estimate is ǫ ′ /ǫ = 3.1 ± 2.5, which lies in the range given by E731. We describe our determination of ǫ ′ /ǫ and make a comparison with other similar studies. A detailed discussion of the matching of the full theory to the effective Hamiltonian, written in terms of lattice operators, is also given.