17,650 source-backed business facts - each attributed to a named person and a number, linked to the original source. Page 19 of 177.
“There have also been eight UK-based companies choosing to IPO overseas with a market cap of £330bn.”
“British Sky Broadcasting has made what appears to be a knock-out bid for a package of seven digital television channels owned by Virgin Media, offering about 60 per cent higher than its nearest challenger”
“Senior finance leaders spend an average of 4.5 hours a week managing banking relationships, including contacting banks, resolving issues, and monitoring accounts”
“For CEOs, this rises to 6.9 hours weekly, equivalent to over nine working weeks annually lost to finance admin.”
“This is exactly why the Oxford Street Development Corporation set up last January matters.”
“British Airways (BA) said yesterday its premium passenger numbers for May tumbled 17.2 per cent”
“BA said its economy passenger numbers were down by only 4.2 per cent”
“Overall passenger numbers were down 6.5 per cent”
“The number had tumbled downwards for 13 straight months before a surge in travel over Easter led to a 0.9 per cent gain in April”
“BA cut its capacity last month by 5.3 per cent”
“This meant its load capacity dropped one percentage point to 75.1 per cent”
“Ryanair said it had carried nine per cent more passengers for May than a year earlier”
“Its load factor – the number of passengers as a proportion of seats available – rose to 81 per cent from 80 per cent in the same month of 2008”
“IBM Consulting generated $21.16bn (£15.8bn)in revenue for the full-year 2025, representing a 1.8 per cent year-over-year increase from 2024.”
“It has recently generated $5.27bn (£3.9bn) in revenue for the first quarter, reflecting a 4 per cent year-over-year increase.”
“We took 70 most promising [workflows] that represented about $25bn of spend every year… That $25bn is today around $20bn, we have reduced that spend, and… our free cash flow went from $9bn to $13bn… we’ve had revenue growth, and the stock …”
“the UK’s $2bn (£1.5bn) emergency services network (police, fire, ambulance) from a dedicated warehouse”
“We have competitors… who will say you could do it for $70m, and they have no idea how to do it…”
“The UK-based football agency responsible for some of this summer’s biggest deals has expanded into France. Shortly after overseeing Anthony Gordon’s £70m move from Newcastle United to Barcelona, Unique Sports Group – founded by agent Will …”
“As well as donating a proportion of the selling price of each product to the Stroke Association, the firm is also relying on customers’ consciences to extract payment via “honesty boxes” next to their drinks cabinets, in keeping with the g…”
““Research shows that an average of 90 per cent of people do cough up with the honesty box system,” corporate finance advisor John Newlands, of City One Securities, tells me.”
“Bashing British Airways has become something of a national hobby since the airline reported a spectacular £401m loss on Friday”
“Chief executive Carl McPhail said New Look will create 1,800 jobs as it adds 250,000 square feet of selling space this year, while rivals consider slashing headcounts to cut costs.”
“He said the group will open 23 stores in France and Belgium this year and extend the business in the Middle East and Russia.”
“The company has operated in the UK for more than a decade through Qualco UK, working with organisations across the public and private sectors to deliver specialist technology.”
“Earlier this year, the Group announced a three-year strategic partnership with Thames Water, the largest water utility in the country, serving around 16 million customers across London and the Thames Valley, to strengthen customer engageme…”
“while equity partners at Allen & Overy will have £122,000 less in their pocket this year, making do with £1m each.”
“corporate high-flyer Adam Signy defected to US firm Simpson Thacher & Bartlett, which last year reported a PEP of $2.48m (£1.47m).”
“I’ll probably be working until I’m 85 anyway.”
“Earnings are paid out to individuals about a year after they are declared”
“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.””
“Reveille Resources, which will be operated by Ippolito Ingo Cattaneo alongside his father, Andrea Cattaneo, are preparing to join London’s small-cap Aquis exchange as soon as this week.”
“The firm said its initial focus will be on two historical uranium deposits in Lombardy, northern Italy, known as Novazza and Val Vedello, for which licence applications were submitted last year.”
“The company expects to be admitted to Aquis on Thursday.”
“The new group, which represents 2,800 companies and includes UK Hospitality, the Institute of Directors, the British Independent Retailers Association”
“taxes all online sales at two per cent”
“A new two per cent tax for online sellers would allow for a 37 per cent tax cut for bricks and mortar firms, the groups claim.”
“retail and hospitality businesses account for nine per cent of the UK economy but contribute about 34 per cent of all business rates receipts, the trade bodies claim.”
“Nearly half (47 per cent) of businesses say their business rates bill has gone up since April this year, according to a poll of 1,000 firms by research firm Savanta.”
“Almost one in three (31 per cent) have raised prices for consumers to keep up with the higher tax, while 17 per cent have reduced staff numbers, the polling found.”
“up to another 50,000 job cuts were on the table on top of the same amount already agreed”
“the latest ADAC analysis of fuel prices in Germany found that a litre of Super E10 petrol was 5.9 cents higher this week than last at €2.083 euros. Diesel prices rose even more steeply – by 11.7 cents – to reach €2.070 euros per litre”
“US existing home sales are estimated to have risen in April to a seasonally adjusted annual pace of 4.66m units, up from 4.57m in March.”
“New home sales are projected to have inched up to an annual pace of 360,000 units in April from 356,000 in March.”
“but is widely expected to fall short of rival Morrison’s 9.2 per cent increase in like-for-like sales.”
“Finally, retail sales data for May are forecast to have grown at a reduced rate of 0.3 per cent year-on-year, down from 0.9 per cent growth in April.”
“nearly 60 years”
“This bid marks the latest twist in the dramatic Brewdog saga, which saw the craft beer firm sold for only £33m despite once fetching a £2bn valuation.”
“He said 43,000 of these investors have signed up to shares in the new company, which Watt had said would create its own beer brands before announcing its surprise play for Brewdog.”
“The sale caused the closure of 38 UK locations and nearly 484 staff.”
“Tilray, the Nasdaq-listed firm which bought Brewdog in March, had announced plans to expand the brand across the UK, the US and Australia and return it to a $1bn valuation.”
“Brewdog’s chief executive, James Taylor, quit the business last week after little more than a year in the role.”
“Swiss pharmaceutical giant Novartis has agreed to buy London-based biotech Myricx Bio for up to $1.5bn (£1.1bn) as global drugmakers continue deploying billions into promising biotech firms ahead of an estimated $450bn wave of patent expir…”
“Dr Sean Conroy, healthcare equity analyst at Shore Capital, told City PM: “Novartis’ acquisition of Myricx is further evidence that pharma companies remain willing to deploy significant capital into external innovation as they seek to addr…”
“The buy follows a £90m funding round completed by Myricx in 2024 backed by investors including Novo Holdings, Eli Lilly, the British Business Bank, Cancer Research Horizons and Sofinnova Partners.”
“WM Morrison yesterday reported a better-than-expected 8.2 per cent jump in first quarter like-for-like sales”
“Britain’s fourth largest supermarket had attracted an extra 500,000 customers a week over the period”
“The group said that total sales excluding fuel were up by 9.2 per cent in the 13 weeks to 3 May”
“From July, staff in the group’s pension scheme will be moved from a final-salary scheme to an average-salary scheme, prompting anger from unions.”
“Blockworks is headquartered in New York City and employs nearly 100 people across a dozen countries”
“VW, whose 10 brands range from mass-market Seats to premium Porsches, is already in the process of axing 50,000 jobs in Germany by 2030, including 35,000 at its namesake marque.”
“The cuts at the Volkswagen brand are part of a deal reached with unions at the end of 2024, which also ruled out plant closures in Germany until at least the end of the decade.”
“But CEO Oliver Blume is now eyeing cutting 100,000 jobs worldwide, as well as the closure of three German VW plants and an Audi factory, weekly Manager Magazin reported, citing company sources.”
“Ordinarily the supervisory board's 20 members are split evenly between worker and shareholder representatives.”
“The 89-year-old group also has a complex ownership model”
“Lower Saxony state – home to VW's Wolfsburg headquarters and six plants”
“But if the plans are ultimately pushed through, then it would amount to a roughly 15-percent reduction in VW's global workforce of some 630,000.”
“Detroit-based General Motors's move to cut almost 50,000 jobs in 2009 as it declared bankruptcy.”
“last year leaving the firm's vehicle deliveries in the country at their lowest level since 2011.”
“The Confederation of British Industry has labelled the current system a “growth killer”, warning that 32 per cent of firms have cancelled, reduced or delayed investment because of business rates.”
“The Confederation of British Industry has labelled the current system a “growth killer”, warning that 32 per cent of firms have cancelled, reduced or delayed investment because of business rates. The CBI also says the UK has the highest pr…”
“The debate comes as Britain’s high streets continue a fragile recovery, with retail sales having seen a 1.2 per cent uptick in May, according to the Office for National Statistics, helped by warmer weather and stronger spending on non-food…”
“fourth largest economy in the world”
“five-year investment pipeline worth more than £9bn”
“by the end of the month”
“10 years since the Brexit vote”
“£9bn to the UK economy each year”
“42.5 per cent renewables in total energy consumption by 2030”
“16.4 per cent”
“…LUMRYZ® (sodium oxybate) extended-release oral suspension, now part of Alkermes’ sleep portfolio following the acquisition of Avadel Pharmaceuticals plc in February 2026…”
“claimed it sold 13 properties last year at an average discount of 7.2 per cent”
“these properties were actually sold at a 19.6 per cent discount to their value six months before their sale”
“Workspace has sold a further three properties for an average discount of 22.3 per cent this year”
“Saba has tabled six motions at the firm’s AGM on 23 July”
“plunging to a £121m pre-tax loss, which was driven by nearly £160m in write-downs of property valuations”
“Addressing the fund’s claims that there are as many as 75 credible buyers of the company’s offices”
“The Bordeaux fine wine market has lost nearly a fifth of its value over the past five years, according to the Liv-ex Bordeaux 500 Index.”
“The sale brought an end to a spectacular downfall for Brewdog, which kickstarted the country’s craft beer craze and had once commanded a £2bn valuation. Watt, who co-founded the company with school friend Martin Dickie in 2007, said on Wed…”
“The sale of Brewdog involved the closure of 38 of its UK locations and the loss of 484 staff, but Simon said he was not to blame for these redundancies.”
“He claimed that each of the 43,000 ‘equity punks’ who have signed up – and each of the Brewdog’s employees – would get a stake in the beer firm if he bought it back.”
“House prices saw a monthly increase of 0.9 per cent in June”
“bringing the annual rate of decline to 9.3 per cent from 11.3 per cent in May”
“House prices have now risen in three of the last four months, suggesting that the improvement that began to show up in March represents more than just statistical noise.”
“sales of control swimwear, with proper cups in the top, are up 85 per cent on last year at the shop”
“The latest jobs report from KPMG and REC, the professional body for recruiters, showed hiring for permanent places dropped to a reading of 44.1 in May, which sits below the neutral 50 mark indicating a contraction.”
“This slump marks the 44th consecutive month of decline for permanent placements, sealing the longest period of contraction since the survey began in 1997.”
“earlier this month after the OECD, the Organisation for Economic Co-operation and Development, warned the UK unemployment rate would reach as high as 5.5 per cent this year, which would be an 11-year high.”
“The index for temporary bills jumped to 52.2, marking the strongest rate of short-term recruitment growth since April 2023.”
“The overall demand for staff fell at its quickest pace in three months, with the total vacancies index sliding to 45.9.”
“the OECD, the Organisation for Economic Co-operation and Development, warned the UK unemployment rate would reach as high as 5.5 per cent this year, which would be an 11-year high.”
