14,042 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 126 of 141.
“Fuel costs have increased by more than 25% in that time, the ONS said.”
“The Bank of England's key interest rate remains at a record low of 0.5%”
“"April's consumer price inflation rate of 3.7% should mark the peak," he said.”
“On the Consumer Prices Index (CPI) measure, inflation hit 3.7% - well above the target of 2% and the highest rate since November 2008.”
“On the Retail Prices Index (RPI) measure, inflation was up to 5.3% - its highest rate in 19 years.”
“The Bank of England's key interest rate remains at a record low of 0.5%, and this rate is unlikely to rise soon according to economists.”
“On the Retail Prices Index (RPI) measure, which includes housing costs, inflation was up to 5.3% - its highest rate in 19 years.”
“In his letter, the governor said inflation had accelerated significantly since September last year.”
“Earlier this month, Mr King said he expected inflation to be higher in the coming months than previously forecast, but insisted that it would slow to below the 2% target before the end of the year.”
“Bank of England governor Mervyn King has written a letter of explanation to the new Chancellor, George Osborne, as the official CPI measure remains more than one percentage point above the 2% target.”
“In his letter to Mr King, Mr Osborne said he noted that the Bank's view was that the "current elevated rate of inflation is expected to be temporary".”
“We do not expect the Bank of England to increase interest rates this year in response to what is a short-term pick up in inflation," said Hetal Mehta, senior economic adviser to the Ernst & Young Item Club.”
“April's consumer price inflation rate of 3.7% should mark the peak," he said.”
“But he added that a small number of savings accounts offering interest rates of up to 5% were still available.”
“Pre-tax profits for the year to March totalled £8.7bn, the UK-based company said”
“That is more than double the £4.2bn profit reported last year”
“But it also said the introduction of new six new national licences in India, one year after Vodafone's entry into the market, had led to increased competition, resulting in an impairment charge this year of £2.3bn.”
“The company also reported falls in revenues in some of its more established European markets, with the UK seeing a 4.7% decline.”
“Pre-tax profits for the year to March totalled £8.7bn”
“Pre-tax profits for the year to March totalled £8.7bn, the UK-based company said, with revenues up in Asia and Africa. That is more than double the £4.2bn profit reported last year, though one-off charges hit those figures.”
“80% of European funds are based”
“which is due to come into force from 2012”
“27-nation bloc”
“Talks will begin on 31 May before a final vote in July”
“took delivery of a special $1,600 gift - the family dog Bo”
“earned him at least $1m each”
“was valued at $1,600”
“the award's $1.4m prize money”
“between $155,029 and $675,000 in assets”
“$2.3m to $7.7m in assets”
“In April, the White House disclosed the president's tax filings showing he and Mrs Obama had earned $5.5m”
“earns a salary of $400,000 per year”
“"Shops and department stores in the red zone have now lost about 1bn baht ($31m; £21m) a day," Thanapol Tangkananan, president of the Thai Retailers' Association said after April's clashes.”
“Thai Finance Minister Korn Chatikavanij has forecast economic growth of between 4.5% and 5% this year”
“After meeting with business associations, Mr Chatikavanij has said the protests could cut 0.3% off his forecast.”
“Thai Finance Minister Korn Chatikavanij has forecast economic growth of between 4.5% and 5% this year, but the civil unrest is threatening to reduce that figure.”
“Thai Finance Minister Korn Chatikavanij has forecast economic growth of between 4.5% and 5% this year, but the civil unrest is threatening to reduce that figure. After meeting with business associations, Mr Chatikavanij has said the protes…”
“Foreign investors have already shown some signs of withdrawing from Thailand - since violence broke out last month, foreign investors have sold $584m in Thai shares, leaving Thai stocks among the cheapest in Asia.”
“80% of European hedge funds based in London.”
“A Baroque masterpiece valued at £9.2m”
“The move, which values GLG at $1.6bn (£1.1bn) will create a business with assets worth $63bn.”
“Man Group said the move would allow it to streamline business costs and save it $50m a year.”
“Man shares were down 8.8% at 202p amid some concerns over the price being paid, which is 55% higher than GLG's price at Friday's close.”
“But the company's shares fell sharply on news of the deal. Man shares were down 8.8% at 202p amid some concerns over the price being paid, which is 55% higher than GLG's price at Friday's close.”
“Man Group uses 'quantitative' investment strategy, meaning it uses highly technical mathematical techniques to analyse investments.”
“GLG uses what is known as a 'discretionary' style. Man Group says that essentially means that GLG has share-based investments, which are not currently part of Man's own offer.”
“But both forms of approach fall under the category of Alternative Investment Managers, which include hedge funds, and both may soon face tighter regulation of their activities.”
“The pair will be invited to accept the award - worth 1 million kronor (£88,800) - in Stockholm in August.”
“The Shanghai Composite index dropped by 5.07% to close at 2,559.93 points”
“The number of loans made to home buyers rose by 25% between February and March, to 45,000.”
“Lending to all house buyers in the first quarter of the year was still 35% less than in the last three months of last year.”
“The CML argued that year on year, lending to house buyers had now risen for the ninth month in a row.”
“For the second month in a row, the average deposit they had to put down stood at 24% of the purchase price, slightly less than the average 25% they have had to put down since the start of 2009.”
“Between February and March, the number of loans made to first-timers rose by 27%, compared with a 24% increase for existing home owners.”
“Earlier this month, the financial information service Moneyfacts reported that the number of mortgage deals available was 36% higher at the start of May than it had been at the start of the year.”
“Although there were still very few deals with 0% or 5% deposits, the number asking for a 10% or 15% down-payment had gone up from 461 to 520.”
“Banks and some larger building societies have to work out how to repay more than £300bn in emergency funding given to them by the government during the banking crisis in 2008.”
“industry forecasts that it would take $40m (£27.7m)”
“The euro fell to $1.2237 in early trade on Monday, but then recovered to trade at $1.2307.”
“Elsewhere on the currency markets, the pound was trading at 1.1698 euros and at $1.4477.”
“Earlier this month, the European Union and International Monetary Fund agreed a package worth 750bn euros to try to prevent the Greek crisis from spreading to other weak eurozone economies.”
“Concerns that severe fiscal austerity in the eurozone will crush growth in the region continues to weigh (on the euro).”
“European share markets - which suffered sharp falls on Friday - were mildly positive on Monday, with most major indexes slightly higher.”
“Prudential has announced plans to raise £14.5bn ($21bn) from shareholders in the UK's biggest rights issue to date.”
“Details of the rights issue were due two weeks ago, but were delayed after concerns from regulators.”
“The Financial Services Authority (FSA) complained that the AIA deal could leave the new merged company with insufficient capital, but those worries now appear to have been resolved.”
“Prudential's chief executive Tidjane Thiam has set ambitious growth targets for the proposed merged company, with a pre-tax operating profit of at least £3.26bn planned by 2013.”
“According to the Financial Services Authority (FSA) rules, insurers are required to treat customers fairly.”
“It is estimated that 80% of Europe's hedge funds are based in London, and about a quarter of the world's such businesses.”
“Household wealth in the UK has risen five-fold over the past 50 years, according to the Halifax.”
“The total worth of households' property, savings and investments, was £6.3 trillion ($9 trillion) at the end of last year.”
“It gives an average value per household of £237,000, three times the £73,000 in 1959 (at today's prices).”
“There were 16.7 million private addresses 50 years ago, compared with 26.6 million last year.”
“Of these, 22.1 million - 83% - are in the private sector with 68% owner-occupied.”
“Fifty years ago, 72% of households were in the private sector, but only 43% were privately owned.”
“At its peak in 1981, the social sector - for example, council housing - accounted for 33% of homes.”
“Average earnings grew by 2% annually, with house price inflation at 2.7% on average.”
“As a result, housing wealth accounts for more than a third of assets, compared with just over a fifth in 1959.”
“The 1980s saw the most notable change in values, when people's collective assets more than doubled.”
“Collective wealth fell by 15% between 2007 and 2008 because of falls in the housing and share markets and despite some recovery over last year, it is still 8% below the peak reached in 2007.”
“average debt ratios of 110% of gross domestic product (gdp) by 2015.”
“potential growth in advanced economies could decline by over half a per cent annually”
“by doing this, the UK could raise revenue worth 3.3% of gdp without having to raise the actual rate of VAT.”
“5% pay cut for public sector workers from June”
“Greece's deficit for this year is estimated by the IMF at 8.1% of gdp.”
“Ireland's is estimated at 12.2%, the UK's at 11.4% and the US's at 11.0% of gdp.”
“the sum, thought to be more than £100m ($145m)”
“The giant bank holds £3.2bn ($4.7bn) of EMI's debt.”
“Terra Firma's Maltby Investments bought EMI, whose acts include Gorillaz, Coldplay, Kylie Minogue and Robbie Williams, at the peak of the last boom in 2007, paying £4bn ($5.9bn).”
“Guy Hands had been hoping to raise £360m ($532m), which would have seen EMI financially stable through to 2015.”
“Amid fears the crisis may hit the European-wide economy, the UK's main FTSE 100 index ended down 3.1%.”
“Spain was worse hit - its shares lost 6.6%.”
“France's Cac fell 4.6% and Germany's Dax 3.1%.”
“US share markets fared less badly, with the Dow Jones ending a choppy session down a relatively modest 1.5% at 10,620.2 points.”
“Gold hit new record highs near $1,250 dollars an ounce and the dollar rose against the euro.”
“Oil hit a three and a half month low, with US light crude touching $71.61 dollars a barrel, a fall of 4% on the day and 18% since early May.”
“Across Europe banks were among the biggest fallers, with shares in Spanish lenders Banco Santander and BBVA losing 10.3% and 8.2% respectively.”
“In France, Societe General lost 9%, BNP Paribas 7.2%, and Credit Agricole 7%.”
“Among UK banks, Barclays was the biggest faller, losing 6.1%, followed by Lloyds Banking Group, which lost 4.7%.”
“Meanwhile, on Monday emergency measures worth 750bn euros were agreed to try to prevent the Greek public debt crisis from affecting other eurozone countries.”
