17,604 source-backed business facts - each attributed to a named person and a number, linked to the original source. Page 172 of 177.
“He adds that, with lawyers being a cautious bunch, “the impact is more likely to be on how much you save each year, rather than how much you spend.””
“Audi are building just 480 between now and the end of 2010”
“corporate high-flyer Adam Signy defected to US firm Simpson Thacher & Bartlett, which last year reported a PEP of $2.48m (£1.47m).”
“his £25.5m move to Manchester City”
“five-year contract with City”
“I was there for two years”
“proposed £25m transfer”
“take City’s summer spending to £80m”
“estimated £40m bid”
“BRITISH AIRWAYS (BA) pilots agreed to a 2.6 per cent pay cut yesterday, as part of a package of measures designed to save the ailing airline £26m.”
“The pilot’s union Balpa said 94 per cent of its members voted for the cut in pay, agreeing to take up shares in the ailing flag-carrier instead.”
“In return, the pilots will receive £13m of BA shares — about £4,300 worth each — in three years’ time.”
“The pilots, who earn an average salary of around £80,000, will also see their flying allowances cut by 20 per cent.”
“BA posted record losses of £401m earlier this year – £331m of which came in the final quarter alone – and scrapped its dividend.”
“A deadline for agreeing 3,700 job cuts and a two-year pay freeze with cabin crew and administration staff passed without a deal on 30 June, and talks are continuing to try to break the deadlock.”
“The GMB points out that last year the airline made a record profit of £992m.”
“It emerged over the weekend that Walsh had won backing for a potential rights issue to raise up to £500m from the firm’s biggest shareholders in a bid to repair the airline’s balance sheet.”
“Walsh, who has agreed to work for nothing in July and sacrifice his monthly salary of £61,000, says the airline’s losses are running at almost £3m a day.”
“The news came as a survey by ScriptLogic showed that six out 10 companies do not plan to buy Microsoft’s Windows 7 operating system when it is released later this year due to cost constraints.”
“getting an enterprising 15-year old intern to write about his friends’ media habits.”
“BA pilots agreed to a 2.6 per cent pay cut yesterday”
“94 per cent of its members voted for the cut in pay”
“average salary of around £80,000”
“flying allowances cut by 20 per cent”
“agreed to work for nothing in July and sacrifice his monthly salary of £61,000”
“deadline for agreeing 3,700 job cuts and a two-year pay freeze with cabin crew and administration staff passed without a deal on 30 June”
“The UK’s economy is set to lose between £900m and £1.1bn every year the third runway at Heathrow is delayed, according to a report from the British Chambers of Commerce (BCC) said yesterday.”
“The controversial expansion, which was given the go-ahead by the then transport secretary Geoff Hoon in January, could be worth up to £30bn to the entire country over 60 years, the group said, as it saves business passengers time and boost…”
“It also said that Heathrow had fallen from being the number one airport in Europe by destinations served, to fifth place over the past twenty years.”
“Heathrow carries 70mpassengers per year”
“He is expected to say that an estuary airport – which is backed by London Mayor Boris Johnson – could be built in around 10 years.”
“If a Thames Estuary hub took 20 years longer than Heathrow expansion, the economy would lose between £8.9bn – £10.9bn”
“Expansion at Heathrow would mean economic benefits of £8.6bn-£12.8bn directly, plus £20bn in wider benefits”
“RHJ International yesterday re-emerged as a strong contender to buy GM Europe saying it would keep Vauxhall’s two UK plants open and would make the European unit profitable by 2011.”
“RHJ pulled out of talks in May”
“RHJ is reported to require only €3.8bn in state aid as part of a deal for a majority stake in Opel, against an expected request of €4.5bn from Magna.”
“Earlier in the summer Magna offered to pay €700m (£610m) for a 55 per cent slice of GM Europe”
“has handed over €300m of emergency funding to keep the group afloat.”
“Magna had previously hoped to seal a deal by 15 July.”
“acting chairman Glen Moreno is not taking a salary for his work while the organisation hunts for a new chairman.”
“board member Lucinda Riches will earn just £37,500.”
“Chief executive John Kingman, on secondment from the Treasury, picks up a civil servant’s wage of £143,000 a year.”
“for “several years””
“UKFI is not currently paying to use investment banking advisers.”
“TMG said in April 2007 that it planned to end the Westferry printing joint venture”
“The firm said it is has been in “advanced” negotiations for several weeks with GM and now felt it was “appropriate to confirm these talks.””
“RHJ pulled out of talks in May, leaving Canadian car parts maker Magna as the front-runner to take over GM’s European business, which includes Opel and Vauxhall.”
“RHJ is now back in the race for the business, along with Beijing Automotive Industries, which yesterday also confirmed it had bid for a stake in Opel.”
“But Magna was yesterday pushing ahead for a formal deal to be signed within the next few days.”
“the 2,000-year-old Square Mile”
“the 1980s newcomer Canary Wharf”
“the Square Mile has 80m square feet of offices”
“Canary wharf about 20m”
“E14 financial centre has 90,000 workers”
“more than 300,000 work in EC2, 3 and 4”
“where he worked for seven years building a formidable reputation”
“to help legendary activist hedge fund manager Christopher Hohn found his philanthropic The Children’s Investment Fund Management (TCI) firm in 2004”
“in 2007 he sent a letter to Dutch bank ABN Amro calling for the firm to be broken up after the management, he said, had “failed to deliver” on plans to cut costs”
“charging over £100 a head before sake”
“at the end of 2008”
“some 450 new bankers”
“Sources close to the situation have speculated that a compromise might see UBS spin off its US wealth management business, possibly under the Paine Webber brand it ditched after acquiring the brokerage”
“current head of US wealth management Marten Hoekstra”
“The front-runner to take over from current head of US wealth management Marten Hoekstra is understood to be Robert McCann, who previously headed up Merrill Lynch’s financial advisory business”
“Morgan Stanley’s James Gorman and former Citigroup executive Sallie Krawcheck have also held talks with UBS over the role”
“Analysts at UBS expect the company to say that like-for-like sales are up 0.5 per cent for the 10 weeks to 5 July”
“performance for the first quarter rose 8.5 per cent on the same period last year”
“Robert Wiseman plans to increase capacity at its new Bridgwater facility to 375m litres per annum, costing it £7.5m”
“took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore”
“increase capacity at its new Bridgwater facility to 375m litres per annum, costing it £7.5m”
“We are hopeful this extra capacity will be on stream in early 2010”
“Seven board members have been axed, with former audit committee chairman Margaret Young to be installed as executive chairman”
“unemployment that has risen to 9.5 per cent”
“LAST NINE days have definitely swelled the betting bank.”
“At 12/1 or better, this runner deserves a few pounds each way.”
“Poppy Frill Front Dress, Top Shop, £35”
“Twill Shift in Pink, by Debenhams, £44”
“Multi-Floral Dress, Dorothy Perkins, £28”
“Print Dress, Banana Republic, £95”
“Yellow Dress, M&S, £45”
“Paul and Joe Frill Collar Bi-Coloured Dress, £335”
“Green Originals Maya Dress, £160”
“The firm took on three large milk supply contracts with the Co-op and two Spar wholesalers, Cappers and Blakemore.”
“We have managed our way through some major changes in the industry in the last few months”
“Corus said yesterday it was planning to cut a further 366 jobs at its Scunthorpe plant, taking the total for the group to nearly 5,000 this year.”
“The news comes a week after the group axed 2,000 posts throughout the UK”
“In January, the company said 2,500 jobs at the company would go.”
“He added that the development of Jubilee, thought to hold 1.2bn barrels of oil, remained on track to begin production next year.”
“new oil and gas exploration in the North Sea dropped 57per cent in the first half of this year. A report by Oil & Gas UK, the industry group, showed that companies are cutting back on new projects as costs rise and funding is scarce during…”
“Investment in the industry fell to £4.8bn last year, down £1.2bn over the last two years, and it could drop below £3bn next year.”
“GE last month said it would add 400 jobs to build hot-water heaters at its appliance division in Louisville.”
“Tullow Oil, the FTSE 100 listed exploration and production company, plans to drill more wells off the west coast of Africa in the second half of the year, to explore one of the world’s most promising regions for oil discoveries, its chief …”
“When trading in those stocks was suspended by the London Stock Exchange in 2006, the investments were rendered worthless.”
“Ashley’s team of lawyers, Mishcon de Reya, were yesterday understood to be working flat-out on a denial of JJB Sports’s statement to the stock exchange regarding a £1.5m loan from Ashley to Jones.”
“But Ashley is set to argue that Chris Ronnie, then chief executive of JJB, asked him for a £1.5m loan on behalf of Jones three days after he joined the Board.”
“new oil and gas exploration in the North Sea dropped 57 per cent in the first half of this year”
“add 400 jobs to build hot-water heaters at its appliance division in Louisville”
“The 24-year-old, known as “Jools”, also founded AlphaParties, an events firm aimed at young professionals.”
“Deutsche Bank confirmed Malde had been asked to leave work at 3pm on Friday but said explicitly he had not been suspended.”
“development of Jubilee, thought to hold 1.2bn barrels of oil”
