14,042 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 109 of 141.
“EU officials hoped that the official go-ahead for the 750bn euro ($893bn; £618bn) fund - first announced last month - will calm investors who are worried about the lack of a safety net for European governments who cannot repay mounting deb…”
“Also on Monday, Germany unveiled details of austerity measures worth 80bn euros.”
“The IMF said 'delayed or half-hearted' budget cuts in the 16-nation eurozone would further undermine confidence.”
“Also available is 60b euros managed by the EU's executive commission while the International Monetary Fund will provide another 250bn euros.”
“The financial rescue package includes a special purpose vehicle to borrow up to 440bn euros for emergency funds.”
“However accessing emergency loans would be 'strictly conditional' on recipients agreeing to certain criteria such as spending cuts - just as with the bail-out agreed for Greece, said EU economic and monetary affairs commissioner Olli Rehn.”
“The holder of the temporary post has been offered a contract with a pay scale of up to £700 a day.”
“The prime minister earns £142,500 in addition to an MP's salary of £65,000, but is on duty 365 days a year making his daily rate £568.50.”
“Its last set of accounts show it reduced its annual operating loss to £14.4m, on sales up 25% to £427m.”
“In these days of economic frugality, it's wise to invest in something that makes money, not loses it,”
“Phillips had realisable assets of just £1.”
“which were worth collectively more than £1m.”
“about 10m euros ($11.9m; £8.2m) spread across about 20 funds.”
“lost about a third of their value since the crisis started.”
“about £81bn”
“its cost of the spill response was now $1.25bn.”
“spending a reported $50m on TV advertising”
“spent more than $1bn so far on clean-up and containment efforts”
“The bank said it had divested about 10m euros ($11.9m; £8.2m) spread across about 20 funds.”
“BP shares were one of the few risers on the FTSE 100 on Monday, although they have lost about a third of their value since the crisis started.”
“In its latest update, BP said its cost of the spill response was now $1.25bn.”
“BP says it has spent more than $1bn so far on clean-up and containment efforts since the Deepwater Horizon rig accident.”
“Given BP has a market capitalisation of about £81bn, Nordea is, a relatively small investor.”
“A £60,000 grant has been awarded to Scotland's Housing Expo.”
“Last month, the local authority agreed to underwrite the show of more than 50 'cutting edge' designs by £100,000 while ticket sales picked up.”
“Berlin will cut the budget deficit by a record 80bn euros ($96bn; £66bn) by 2014.”
“The plan would cut the deficit by about 3% of GDP.”
“The total deficit in 2009 was 3.1%”
“but is projected to grow to more than 5% this year.”
“Among the measures agreed were a plan to slash 30bn euros from the welfare budget”
“and there will be higher taxes on nuclear power, netting 10bn euros.”
“The Consumer Council last week revealed that in May 2009, it cost £48.78 to fill a car with a 50 litre tank with petrol - and £50.99 with diesel," said Ms Anderson.”
“At the beginning of May 2010, it is £12.00 more expensive to fill with petrol and £10.57 for diesel.”
“For example, petrol is currently almost 6p a litre more expensive than it is in the South while diesel is more than 15p per litre.”
“Fuel poverty in the North is estimated to be at 40% - compared with the 2006 levels in England of 12%, 23% in Scotland and 21% in Wales.”
“the games would cost $30bn (£20bn) to stage - nearly three times more than the original estimate.”
“His estimate of $30bn is five times more than the cost of this year's winter Olympics in the Canadian city of Vancouver.”
“he had to pay $4m (£2.7m) to a Kremlin official to ensure he kept a building contract - amounting to 12% of the total value.”
“The town centre works are alongside the building of a controversial £87m relief road between Dorchester and Weymouth ahead of the Games.”
“The country has poured 33bn rand (£2.9bn) into preparations for the 2010 World Cup”
“Earlier this year, the UK government donated £1m to South Africa to buy 42m condoms as the nation prepared for the World Cup and the influx of visitors.”
“About 6,000 Polish zloty (£2,000) was withdrawn on the cards, investigators say.”
“Earlier this year the council announced it was making £100m of cuts over the next five years.”
“Now it is reviewing £500m of capital building projects ahead of expected cuts in grants from central government this year.”
“Conservative David Huxtable said the council's debts had quadrupled from £100m in 2001 to £400m this year.”
“spending £300,000 on a new cabinet office”
“increases of 0% in council tax each year”
“0% increase in council tax”
“He said he would consider selling off things including county farms and County Hall in Taunton. Conservative David Huxtable said the council's debts had quadrupled from £100m in 2001 to £400m this year.”
“The councillor in charge of Somerset County Council's finances has said it may run out of money by the end of the year unless it sells some assets.”
“She said: "You're not going to get anywhere by selling assets - you can only sell things once. "Their budgeting and bad suggestions such as spending £300,000 on a new cabinet office have contributed to the debt."”
“Mr Huxtable said: "We've said we're not going to borrow any more money so we've got to raise as much money as we possibly can otherwise we will simply run out of cash and we will not be able to repair the roads or build new schools."”
“The government has promised £1m towards the county's repair bill”
“Repairs to the bulk of potholes left across County Durham over the winter are likely to cost at least £2.5m”
“More than £500,000 has already been spent on dealing with hundreds of potholes left by the worst winter weather to hit the area in 30 years.”
“Durham County Council said a further £2m would be needed to bring roads back to a safe standard.”
“We have spent £500,000 between January and March alone making the worst-hit areas safe for motorists. It is now our intention to look at a structural patching programme for the rest of the summer to the tune of about £2m. We have been luck…”
“It is now our intention to look at a structural patching programme for the rest of the summer to the tune of about £2m.”
“We have spent £500,000 between January and March alone making the worst-hit areas safe for motorists.”
“Meeting prison capacity requirements more efficiently will improve value for money for the taxpayer and contribute savings to reduce the budget deficit.”
“The future of the home had been in the balance since 2008, when it emerged that it was facing a deficit of £500,000.”
“Shareholders in Lloyds Banking Group have launched legal action to recover up to £14bn they claim to have lost as a result of Lloyds' takeover of HBOS.”
“There can be no doubt that the fact of the £25.4bn loan was not only being kept secret for the possible advantage of the UK banking system, but was deliberately kept secret so that Lloyds TSB shareholders were not put off the proposed acqu…”
“The government was forced to bail out Lloyds during the financial crisis, and it still owns 43.5% of the bank.”
“The £25.4 Bank loan to stop HBOS from going under was made just one month before Lloyds shareholders approved the merger.”
“The Hungarian currency dropped 6% against the euro after government officials compared the country's fiscal position with Greece late last week.”
“The forint has since stabilised at about 288 to the euro.”
“Mr Varga added that a target budget deficit for 2010 of 3.8% of GDP, set by the International Monetary Fund, was still 'achievable'.”
“This is despite last week's government estimate that the deficit could hit over 7%.”
“The conflicting comments have come as the new Hungarian government prepares to negotiate with the IMF and the EU over the extension of a $25bn (£17bn) rescue package that the country received in October 2008.”
“Credit default swaps on Hungary increased by one percentage point a year to about 4%, and remained at this elevated level on Monday despite the government's counter-offensive.”
“There seems to be no particular element of concern,' the fund's head Dominique Strauss-Kahn said.”
“I do not see any problem at all with Hungary. I only see the problem that politicians from Hungary talk too much.”
“Nationwide Building Society customers with cash card accounts will now have to take out a minimum of £100 if they use the counter service in its branches.”
“For example, Santander has a minimum withdrawal of £300 across most of its outlets, which include the Abbey.”
“Alliance and Leicester will introduce the limit at the beginning of July.”
“The change affects a third of Nationwide customers with Flex or Cashbuilder accounts.”
“Nationwide says about a third of all counter transactions are carried out by less than 8% of its customer base.”
“its director of communications, Sandra Quinn, says that 85% of people in the UK use cash machines to take out their money and Nationwide is simply reflecting that fact.”
“She said that the move was not a move against elderly customers, and only 5% of those with the simple cash card account system were over 70.”
“At HSBC, basic bank account holders cannot make cash withdrawals at the counter, but they can make other transactions.”
“Its director of communications, Sandra Quinn, says that 85% of people in the UK use cash machines to take out their money and Nationwide is simply reflecting that fact.”
“She added that people on low incomes often preferred to withdraw small amounts of cash in order to budget more easily - and said £100 was far too high, since it was more than the basic state pension.”
“In March, Prudential agreed to buy AIA for $35.5bn (£24.6bn)”
“Some shareholders are angry at the £450m spent on the aborted deal”
“including a 'break fee' of about £152m”
“Investors delivered a minor blow after 8% of shares voted failed to support the Pru's remuneration report by voting against or abstaining”
“the biggest rebellion came after 31.6% of votes were against renewing the Pru's authority to create new shares for rights issues”
“The original AIA deal had involved a UK record £14.5bn rights issue to finance the purchase by selling new stocks to existing investors”
“Shares in Prudential slipped following the AGM, closing down by 4% - the second largest faller on the FTSE 100”
“Prudential issued a trading update in which it reported sales of £1.35bn between January and May, 27% up on a year ago”
“It also announced 'record' sales in the US and an increase in Asian sales of 33% compared with a year earlier”
“last month, it asked for the price to be cut to nearer $30bn after shareholder opposition”
“paid an extra £32,000 for the 'executive' range of recycling waste bins”
“bought the 'aesthetically pleasing' range at a cost of £148 each - instead of the standard wheelie bins at £57 each”
“The report estimates it would take 5.86 years to pay back the cost of the executive bins, compared with 2.09 years for the wheelie bin option”
“The report admits the same benefits could be achieved with standard wheelie bins, at a total cost of £18,182 for 146, but recommends buying the 'executive' model, with specially moulded lids, at total cost of £51,1182, because they look be…”
“The Executive bins are specifically built for an office environment and are aesthetically pleasing, but cost £32,273 more than the slightly larger and more cumbersome adapted Wheely bin version, which offers a budget option for delivery of…”
“The Department for Environment, Food and Rural Affairs bought the 'aesthetically pleasing' range at a cost of £148 each - instead of the standard wheelie bins at £57 each.”
“It would also save on sacks, bin liners and labour costs - with cleaners spending 13 hours less each week removing bins from under individual desks, adding up to an estimated annual saving of £4,968 across the department's six London offic…”
