17,650 source-backed business facts - each attributed to a named person and a number, linked to the original source. Page 18 of 177.
“odd assets it accrued over its 101-year history.”
“Boeing said it delivered 125 commercial aircraft during the second quarter, four more than it delivered in the first period and one fewer than in the year-earlier quarter.”
“The company also said it booked nine new orders over the past week”
“including 15 for the delay-plagued 787”
“left it with a net gain of just one aircraft in the first half of 2009.”
“Walter told me that two clubs with big, big names were asking after Mascherano”
“They can offer £40m or even £50m, we don’t want to sell.”
“Germany itself closed the last of its own nuclear reactors in 2023.”
“Trinity Mirror said yesterday that group revenues fell 18 per cent in the first 17 weeks of the year, dragged down by ad sales falls of 30 per cent.”
“interim management – in which executive-level experts are parachuted into companies to address specific operational issues and oversee the process of solving them – has seen a sharp rise over the past few years, and is reckoned to be worth…”
“and with daily rates ranging from the mid-hundreds to £1,000 plus, the rewards can be alluring.”
“For those that do, however, there are clear attractions in a flexible lifestyle free from the hierarchies and strictures of large organisations, and with daily rates ranging from the mid-hundreds to £1,000 plus, the rewards can be alluring…”
“Her current portfolio includes Chairing Ovo Energy, Shakespeare’s Globe, Ozone and Moneyfarm, the Tate audit committee and the Economy and Honours Committee, serving as lead non-executive director at HMRC, as well as holding directorships …”
“one MP highlighting that the Big Four – Deloitte, EY, KPMG and PwC – still hold around 40 per cent of public interest entity (PIE) audits.”
“Evolution, which poached a team of 45 staff from Dresdner Kleinwort’s securities business last month, said the new hires had been integrated successfully.”
“The new Dresdner Kleinwort staff have increased headcount at its securities arm by over 30 per cent.”
“We have taken a conscious decision to reward (both to retain and motivate) those people we need for the future,” said chairman Martin Gray.”
“Meanwhile building supplies company Wolseley topped the FTSE 100 risers after it announced chief executive Chip Hornsby would step down with immediate effect. The stock rose 2.8 per cent.”
“The world’s biggest security firm G4S and credit information firm Experian gained 0.2 and 0.9 per cent respectively.”
“Oil services group Petrofac rose 1.8 per cent. The company said it expects to start production from the Don Southwest field in the UK North Sea in the next few days.”
“Peer AMEC climbed 2 per cent.”
“Thomas Cook added 2.8 per cent after news the German government said it would give aid to its majority German shareholder Arcandor.”
“Vodafone terminated a deal with her reported to be worth £3m.”
“his family is worth a reported £275m.”
“the $5bn (£3.72bn) energy supplier and infrastructure developer”
“Fuse announced it had reached group-level profitability less than three years after launching”
“supplies over 300,000 households”
“annualised revenues exceeding $550m (£409m)”
“taking total capital raised to $250m (£186.1m)”
“Founded in 2022 by Chang and fellow former Revolut executive Charles Orr”
“operationally profitable since December 2025, and generated £131.8m of revenue last year, up from £15.3m in 2024.”
“Revenue run-rate exceeded $550m in the first quarter, after growing 32 per cent during the period.”
“We’ve taken approximately 17 per cent of costs out compared with the median energy company in the UK,”
“The company is now opening a new 32,000 sq ft headquarters in Canary Wharf and plans to hire more than 380 people over the next year as it expands into Ireland and Spain.”
“Segro rejected a £12.6bn bid from US real estate firm Prologis, arguing it was “opportunistically timed”.”
“Only 200 examples of this swansong supercar will be made, with production split evenly between 100 coupes and 100 open-top Spiders”
“Jule Schulte, McLaren Automotive’s European PR manager, tells me it is now impossible to write off an F1”
“The transaction also brings an end to the relationship agreement signed between Vodafone and Emirates Telecommunications Group (e&) in 2023.”
“Vodafone confirmed e&’s board representative, Hatem Dowidar, had resigned with immediate effect following the sale.”
“He previously attempted to buy Vodafone’s Italian operations in a deal reportedly worth around €11bn.”
“Industry sources indicate that the creditors’ plan would include billions in funding for service and infrastructure improvements, without increasing bills.”
“It was privatised in 1989, when one of the highest profile moments in Margret Thatcher’s reform floated it on the London Stock Exchange. Thames delisted in 2001 after a £4.3bn takeover by the German utility RWE.”
“Wildberries – Russia's version of Amazon – has been targeted by Kyiv's drones for a week, attacks that have killed some workers and caused major fires.”
“A run to the Fifa World Cup final could see England fans generate an extra £250m in retail and home-viewing spend.”
“Data from Novuna Finance shared with City PM suggests that the nation could spend an additional £75m-£150m should Thomas Tuchel’s England side go on a knockout run, while reaching the coveted final – later this month in New Jersey’s MetLif…”
“And thus far throughout the World Cup English fans have spent an additional £20m at the bar on each of the Three Lions’ matchdays.”
“The British Beer and Pub Association told City PM last week that an extra one million pints could have been sold after pubs were granted extended licenses.”
“and recently announced it would slash 14 per cent of its workforce to manage costs amid market volatility.”
“But maritime intelligence provider Vanguard Tech said a Singapore-flagged tanker and a Liberia-flagged tanker both 'reversed course' in the Red Sea after loading crude at the Saudi port of Yanbu.”
“Since being taken over by Pessina and the private equity group Kohlberg Kravis Roberts (KKR) for £11bn in 2006, the group has been weathering the recession reasonably well.”
“In July 2007 he was appointed executive chairman of Alliance Boots having previously been executive deputy chairman.”
“CAREER: An engineer by profession, he established Alliance Sante in Italy in 1977.”
“He was chief executive of Alliance UniChem for three years up until December 2004 before becoming executive deputy chairman.”
“The law firm entered into two partnerships last month”
“the firm’s current policy for paternity leave is the standard UK two weeks”
“The City-headquartered firm, which specialises in advising the insurance sector, has generated £457m for the financial year 1 April 2025 to 31 March 2026, up from £428m in the previous financial year.”
“This follows Kennedys’ putting in place a strategic plan to expand globally over the last few years, with the firm seeing a 22.5 per cent revenue increase in North America, and 20.3 per cent in APAC, with both accounting for 43.7 per cent …”
“However, the UK remains the firm’s largest driver, generating £215m in revenue and accounting for 47 per cent of global revenue.”
“Law firm Kennedys has reported its 12th consecutive year of growth, surpassing £450m for the first time, with the Middle East conflict partly driving revenue.”
“three years after Vodafone pulled its mobile phone products from the retailer”
“Vodafone switched to an exclusive deal with Carphone rival Phones4U in 2006”
“Vodafone customers were able to upgrade phones and purchase pay-as-you-go handsets at Carphone Warehouse, but not to sign Vodafone contracts”
“Vodafone also said yesterday it was extending its partnership with Phones4U to a multi-year agreement covering both mobile phone and mobile broadband connections”
“The company said it now would have a total of 1,650 Vodafone, Carphone Warehouse and Phones4U stores offering Vodafone contracts”
“its UK contract churn of customers leaving is now over 20 per cent”
“said that the chain hoped to rid itself of poorly performing stores in a restructuring programme.”
“Last week, the group placed one of its subsidiaries into administration and called in restructuring advisers from law firm Osborne Clarke.”
“Scott, who had been chairman of the Yellow Pages publisher since June 2002, bowed out after shareholders expressed their concern over his role in RBS’s fate.”
“AN ALLIANCE led by UK oil giant BP yesterday secured a six-year contract to develop Iraq’s biggest oil field, but had to agree to a fifty per cent cut in the fees it had been asking for. In a consortium with China National Petroleum Corpor…”
“Iraqi authorities rejected an offer from an Exxon Mobil-led consortium, which had been seeking $4.80 for each barrel produced, paving the way for BP to bag the deal.”
“They also rejected an offer from China National Offshore Oil Corporation and Chinese group Sinopec, who wanted $25.40 per barrel extracted from the Maysan oil field. The government offered them just $2.30.”
“A key part of BP’s successful Rumaila bid was an ambitious promise to raise the field’s output to 2.85m barrels a day, from its current level of 1.1m, although the International Energy Agency on Monday said this was over-optimistic.”
“nearly half are experiencing unusually high pressure at work”
“the number of job vacancies fall by 20 per cent in April compared to the previous month”
“recruitment activity continues to be at reduced levels compared with a year ago”
“The result was hit by a 500-million-euro charge for stopping US production of its electric ID.4, Volkswagen said, as well as "negative mix effects"...”
“VW, which in addition to its own brand also makes Lamborghini, Audi, Skoda and Porsche, also cut its guidance for the year, saying it now saw sales flat or falling up to three percent. It previously expected growth of up to three percent.”
“Volkswagen's vehicle deliveries in the country were last year already at their lowest level since 2011, and they fell a further 31.6 percent in the first six months of the year.”
“Brands including BYD, Geely and Chery took almost 11 percent of the European car market in May, according to automotive intelligence firm Dataforce, up from just under three percent three years ago.”
“"We need a fundamental change in our business model", VW finance boss Arno Antlitz told investors and reporters on a call. "The half-year results are another wake-up call for action."”
“Blume told staff earlier this month that four plants could close and a further 50,000 jobs might have to go on top of the 50,000 departures that have already been agreed across the group.”
“Lower Saxony is a shareholder in the Volkswagen Group and holds 20 percent of the voting rights in addition to hosting six Volkswagen plants.”
“Talk in 2024 of possible plant closures resulted in an agreement with unions that ruled out factories closing and compulsory redundancies until 2030 as part of a deal that would see 35,000 jobs go at the Volkswagen brand in Germany by the …”
“As much as 14m sq ft of office floorspace was lost in the five years to 2023, which the LPA says is equivalent to nearly 12 Canary Wharf towers.”
“Office-based sectors support around 2.8m jobs across Greater London and generate nearly £290bn in economic output every year, according to the LPA.”
“The number of major commercial planning applications in central London fell by 54 per cent in the decade to 2023, despite the opening of the Elizabeth Line – which developers hoped would spur on new projects.”
“Profit per equity partner – considered the best measure of a law firm’s profitability – remained broadly constant for the 2008/09 financial year at £1.44m, outperforming rivals who saw profits slump.”
“Revenue hit £1.29bn, an increase of nine per cent from £1.18bn last year, largely due to currency fluctuations.”
“Clifford Chance, by contrast, reported a 37 per cent fall in earnings per equity partner earlier this week, from nearly £1.2m last year to £733,000, while turnover fell five per cent to £1.26bn.”
“Professional services giant Grant Thornton in 2024 voted in favour of an investment from private equity firm Cinven, a move which saw it generate double digit revenue in 12 months not long after receiving regulatory approval for the invest…”
“Take Ofgem. Britain’s energy regulator has seen expenditure rise by 237 per cent, from £77m to £260m. Its headcount more than doubled, from 907 staff to 2,276, making it one of the largest energy regulators in Europe. Staff costs rose by o…”
“Its headcount has risen 382 per cent”
“It now manages over 560 subsidy contracts”
“with costs expected to more than double again by 2029”
“The Climate Change Committee’s income has doubled”
“its staffing costs have risen by 121 per cent”
“Great British Energy, a publicly owned energy company established last year”
“since the start of 2023 there have been 154 bids for UK companies worth more than £100 million with a combined value of £165 billion.”
“over the same period, there have been just 11 IPOs of that size, worth a rather meagre £6 billion.”
“the UK has seen seven large companies move their listing, taking [circa] £120bn of market cap with them.”
