14,040 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 12 of 141.
“Coca-Cola purchased the UK’s largest coffee chain in January 2019 after reaching an agreement with FTSE-100 giant Whitbread, worth £3.9bn”
“and had been seeking roughly £2bn for Costa”
“In January, Costa’s operating losses more than doubled from £5.8m to £13.5m on revenues of £1.2bn in 2024”
“Late last year, Pret, which sells sandwiches alongside hot drinks, wrote off a third of its value amid making £525 in losses since its 2018 acquisition by European investment group JAB”
“suffered a 7.7 per cent fall in net asset value to 81.35p in May”
“in dollar terms, the net asset value climbed slightly by 0.5 per cent”
“The financial crisis could cost insurers $6bn (£3.7bn) on policies that protect US companies and directors from legal costs”
“Towers Perrin and Cornerstone Research said 210 securities class actions were filed last year, up 19 per cent on 2007”
“to secure a stop‑gap loan of $4bn (£2.44bn) to pay for Ukraine’s gas needs”
“by planning and carrying out his $65bn (£40bn) fraud”
“charging four of his associates with securities fraud”
“Dazn, best known for premium boxing content, has been loss-making throughout its nine-year history, relying on $7bn in funding from owner Sir Leonard Blavatnik, but previously targeted profitability this year.”
“These dire numbers prompted IATA to almost double its projected losses for the industry for 2009 to $9bn (£5.5bn).”
“Over the last five years the business had spent £30m building new aircraft stands and another £20m installing a new baggage system, doubling the size of the departure area in its terminal building.”
“However, 2007 – the most recent figures for the private firm – was a stellar year for the business. Its full-year figures rocketed 94 per cent to £33.4m on the back of a double-digit increases in passenger numbers.”
“Irish financier Dermot Desmond bought it for £23.5m in 1995, built it up, and took advantage of the desire for infrastructure assets by selling it on to a joint venture of American Insurance Group (AIG) and Global Infrastructure Partners (…”
“But when AIG fell under US government control last year it sold its 50 per cent stake in the airport to GIP and private equity firm Highstar Capital.”
“survey 380 private credit industry professionals”
“83% of respondents expecting assets under management (AUM) to increase over the next 12 to 18 months”
“$1.4 trillion in aggregate client AUM globally”
“$45 trillion opportunity”
“over $1.4 trillion of aggregate client AUM across 100+ clients”
“23 of the top 30 global banks and 13 of the top 30 global private credit funds”
“380+ professionals across global private credit markets”
“slump in net profit from €214m to €1m”
“operating profit slipped 17 per cent to €140m.”
“seat capacity fell by 0.5 per cent to 90.7 per cent in the year to March”
“passenger ticket revenue jumped by eight per cent to €3bn.”
“revenue jump by eight per cent to £5.7bn”
“net debt slipped by 0.3 per cent to £4.9bn.”
“operated 262 planes in the year to March, but plans to expand its fleet to 383 aircraft by 2033.”
“listed on London’s stock exchange since 2015, when its float notched an initial value of £601m.”
“shares jump 2.8 per cent on Thursday’s market open, to 994p.”
“took a €50m blow from the outbreak of war in Iran”
“Passenger growth and revenue are travelling in the right direction, but such slim profits on the back of €5.7bn revenue shows how little room for error Wizz Air has right now," he said.”
“The Financial Services Authority has been bulking up on City experience in the wake of the banking crisis by adding to its group of experts known within as 'grey panthers'.”
“UKFI revealed yesterday it is sitting on paper losses of some £10.9bn on the holdings it received in exchange for a combined cash injection of £34.5bn into the banks.”
“The banks’ use of the APS could leave the Treasury with more than 80 per cent of RBS and more than 60 per cent of Lloyds.”
“the government would have to hold the stakes – which equate to a £3,000 investment from every UK household – for “several years””
“The Cayman Islands-registed Liberty International is injecting up to £510m into Pearl in a deal that will transform the group’s balance sheet while leaving Jonathan Moss as its chief executive.”
“Osmond’s shareholding will be reduced from 50 per cent to 15 per cent and his control over the strategic management of the group will reflect this.”
“Liberty says its shareholders will vote on whether to accept the proposal, which will see it own 60 per cent of the new Pearl group, in the second half of July.”
“As part of the deal, Pearl shareholders will be investing £75m in new Liberty International shares.”
“At the time the banks, who are owed £3bn by Pearl, were playing hard-ball and appeared hellbent on a strategy that would have led them to taking effective control of the group.”
“He also worked on Segro’s recent £500m rights issue, making him almost as ubiquitous in City deals as JP Morgan Cazenove’s Ian Hannam.”
“Transactions will be fewer and smaller. More equity will be required and debt terms will be less favourable. And hold periods will increase while returns will decrease”
“they were able to deploy $12.6bn in equity in 2008”
“The relocation of BME’s matching engines to MD6 in Q2 2027 will place trading firms in close proximity to the core Spanish trading platform, helping to minimize network latency.”
“last year launched services in the Equinix ZH4 colocation data center in Zurich, enabling managed hosting and ultra-low latency Layer 1 exchange connectivity to SIX Swiss Exchange.”
“Adding this new colocation in Madrid means Waypoint customers can benefit from direct access to a key financial hub with over 85,000 equities, fixed income and derivative instruments, as well as an expanding ecosystem of growth market list…”
“In 2022, Waypoint announced its managed hosting and colocation access in the BME data center and last year launched services in the Equinix ZH4 colocation data center in Zurich, enabling managed hosting and ultra-low latency Layer 1 exchan…”
“the Budget had not helped out the ailing economy, and that its measures had been based on “heroic growth assumptions””
“the UK’s deficit wouldn’t start to drop until its economy started to grow”
“the 10-year plan from the government would eventually bring the country’s tax regime back to a reasonable level”
“the 50p tax rate for those earning over £150,000 was part of that plan”
“in our plan for sustainable public finances, which includes very substantial efficiency savings in the public services”
“the economy was better placed to fight against the downturn than it had been in previous recessions”
“a consensus forecast of a 1.8 per cent rise in prices year-on-year”
“Inflation – as measured by the consumer prices index (CPI) – is expected by both analysts and the Bank of England to trough in the third quarter of 2009”
“CPI inflation will probably fall further in coming months, but the low is likely to be about one per cent year-on-year”
“with the inflation rate expected to fall below the Bank of England’s two per cent target for the first time since September 2007”
“The August Inflation Report will probably forecast that stable 0.5 per cent rates and £125bn QE will leave inflation slightly above target two years ahead, implying that no further QE is needed”
“the use of forward contracts soaring by 40 per cent in the first half of 2009 compared to the same period in 2008”
“the proportion of forward contracts increased by 30 per cent compared to the previous month”
“sterling fluctuated around 8 per cent against both the US dollar and the euro”
“even the seemingly insignificant news can cause daily fluctuations of over 3 per cent”
“rates that have not been achievable for over seven months”
“clients simply pay an initial deposit, which is normally between 5 and 10 per cent of the value of the contract”
“choose a date, within two years, at which they want delivery”
“you can ask for £100,000 worth of dollars to be delivered to you in six months time at the current rate”
“Gold prices rallied 44 per cent last year, reaching $4,550 per ounce in December and recording 56 fresh record highs according to the latest report from Metals Focus.”
“It also marked the assets strongest performance since 1980.”
“Poland, which purchased 102t, China and Brazil.”
“Global gold mining production increased by two per cent year on year to a record high of 3,817t, driven by a surge in new mines and project expansions.”
“recycling only saw a modest rise, inching up 2.8 per cent to 1,404t.”
“with Chinese demand plunging 28 per cent, as investors looked to purchase ETFs and bars.”
“Physical investment jumped 16 per cent on year, reaching 1,400t, its highest level in 12 years, driven by “bullish investor sentiment”.”
“Indian retail investment climbing 17 per cent, with analysts pinning the interest to struggling equity markets in Asia.”
“with prices hitting a fresh all time high of $5,595 in late January.”
“Reeves had said that, since the economy grew by 0.6 per cent in the first quarter of the year, it could grow by 2.4 per cent over the course of the year (0.6 multiplied by four). Borthwick was having none of it: “That’s not how it works, R…”
“the UK is “no longer a contender” in the hyper competitive world of global finance.”
“who was presented with a £22.5m tax bill after the courts found against his firm’s arrangements.”
“The company raised $85.7bn in the largest IPO ever completed, and has added almost $1 trillion in market value in a matter of days.”
“The rally lifted SpaceX’s market value to roughly $2.75 trillion (£2.05 trillion), pushing it ahead of Amazon’s $2.66tn valuation and within striking distance of Microsoft, currently worth around $2.95tn.”
“The gains also added another $100bn-plus to Musk’s personal fortune, taking his net worth above $1.4 trillion, and extending his lead as the world’s richest person by a considerable margin.”
“The start-up had reportedly been preparing a new funding round that would have valued the company at around $50bn.”
“SpaceX remains unprofitable despite its enormous valuation, reporting more than $9bn of losses across 2025 and 2026 as it pours money into artificial intelligence infrastructure, data centres and computing capacity.”
“Shares in Musk’s rocket and AI giant rose more than eight per cent in pre-market trading on Tuesday, extending a surge that has seen the stock climb more than 50 per cent since last week’s record-breaking flotation.”
“cost taxpayers billions of pounds”
“£5m personal donation by Thai-based crypto billionaire Christopher Harborne shortly before he was elected to parliament in 2024”
“failed to win enough support for a $27.2bn (£17bn) debt-for-equity deal with its bondholders.”
“Creditors had until midnight US time last night to accept a deal which would give them 10 per cent in a restructured GM, in return for clearing their debt.”
“failed to secure anywhere near the 90 per cent of bondholder support needed to stave off bankruptcy.”
“GM had been given until 1 June to cut its debts, which include $20bn owed to the United Auto Workers (UAW) union healthcare fund as well as the $27.2bn owed to bondholders.”
“If GM is not forced into bankruptcy, it will give the UAW up to 20 per cent of common stock, $6.5bn of preferred shares and a $2.5bn guarantee, which would fund a trust to take over retiree health care costs starting next year.”
“Germany, which is providing a €5bn (£4.39bn) loan guarantee to the programme, will also be involved.”
“But the £15bn package over the next four years falls short of a £28bn request for further funding from military officials.”
“The fine print in the Dip suggests that defence chiefs will have to find around £10.7bn in savings over the next three years”
“while the upcoming Budget will have to find £4.7bn in further tax rises or spending cuts to keep commitments on defence spending.”
“Starmer claimed the government would spend £80bn a year on defence by 2029”
