13,379 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 128 of 134.
“The FBI told her she could expect between 7-10% fraud and that after Hurricane Katrina in New Orleans there was 17% fraud.”
“We found that $1m was claimed for rent and overheads whereas the appropriate amount was $60,000.”
“"The stimulus package in the US had very little road building - it was more the transfer payments to individuals, so the reality is [that] of the $787bn, only about $21bn was for infrastructure building in the first year," he says.”
“a bit more than 1bn roubles" ($33.4m, £22.6m) in 2009.”
“the Moscow Metro needs to build 50-70bn roubles' worth of new stations and tracks annually to be able to catch up with the Russian capital's development scale by 2020.”
“generated revenue from fares of £1.6bn in the 2008/09 financial year, while total revenue reached £1.8bn.”
“operating expenses amounted to £2.2bn, while capital works undertaken on the London Underground stood at £1.6bn.”
“In 2008, the Moscow local government paid 41.6bn roubles to finance the Metro expansion”
“the Russian Finance Ministry provided 3.2bn roubles.”
“the city government is now the sole contributor.”
“Revenue from fares, which is the main source of money for most Tube systems, accounts for up to 70% of all the Moscow underground's income.”
“London Underground, the operator of the London Tube system and part of the state-run Transport for London (TfL) corporation, generated revenue from fares of £1.6bn in the 2008/09 financial year, while total revenue reached £1.8bn.”
“the Wedgwood Museum Trust that inherited the £134m pension debt of the whole company.”
“The £10.5m Wedgwood Museum in Barlaston opened in 2008”
“Five of the museum trust's staff were in the same pension scheme as the employees of the whole pottery company.”
“the museum has been forced to take on the £134m pension debt that was left when Waterford Wedgwood collapsed.”
“It's a shame that the museum got a £1,000 prize last year for being so good, and has now been awarded a £134m debt”
“The company also had debts of some £400m”
“The scam cost investors at least £3m, the FSA believes”
“Andrew Greystoke and his firm Atlantic Law have been fined £400,000”
“The FSA said their activities led to at least 130 people in the UK losing at least £3m.”
“The FSA estimates that share frauds such as this cost UK investors about £200m a year.”
“Last year it found 734 victims who lost an average £24,000 each.”
“The Liberal Democrats had promised £2.5 billion to pay for it.”
“the number of bankruptcy petitions lodged in the courts by debtors rose 20% from the previous three months, to 16,348.”
“Bankruptcy proceedings started by creditors also rebounded, up by 4% to 4,329.”
“There were 35,682 personal insolvencies in that time, an 18% rise from the same period a year earlier, though just 108 more than in the previous quarter.”
“the overall figures reflected the number of actual bankruptcies, which had risen 7% from the previous three months.”
“the number of bankruptcy petitions being lodged by creditors has been fairly steady over the past five years, at about 20,000 a year.”
“In 2005 there were 37,000, but by last year they had risen to 63,000.”
“The number of these winding up petitions stood at 2,777, a 4% rise on the last three months of 2009.”
“The pound fell nearly two cents, or 1.2%, against the dollar at $1.4646, and by a cent against the euro.”
“The pound fell against the euro to 1.1650, and was also down against the Japanese yen, and a range of other foreign currencies.”
“The value of imports exceeded exports by £3.7bn ($5.5bn), up from £2.2bn gap recorded in February.”
“Exports crept up by just 1%, whereas imports rose by 5.2%.”
“Banks took control of 92,432 properties in April, up 1% from March, and a 45% rise from a year earlier, said RealtyTrac.”
“New repossession cases fell 9% from March and 2% from April 2009.”
“A total of 333,837 new repossession filings were made in April, one for every 387 homes in the US.”
“Taken together, those five states accounted for 52% of all new repossession actions in April.”
“Las Vegas, the biggest city in Nevada, was the worst affected large urban area, with one in every 60 homes getting a repossession notice.”
“The main US estate agency organisation, the National Association of Realtors, said on Wednesday that house prices rose in almost 60% of US cities in the first quarter of the year.”
“The number of homes repossessed in the UK fell by 7.5% in the first three months of 2010, according to lenders. Figures show that the number of homes repossessed dropped from 10,600 in the last three months of 2009 to 9,800 in the first qu…”
“It added that it could revise its forecast of 53,000 repossessions in 2010 in the summer, describing it as "pessimistic" if there are no further economic shocks.”
“The number of homes repossessed was at its lowest in two years, down 7.5% on the previous three months and 26% lower than the first three months of 2009.”
“The number of home loans in arrears equivalent to at least 2.5% of the outstanding mortgage balance stood at 186,300 in the first three months of the year.”
“This was down from 196,400 in the last quarter of 2009, and below the 206,800 of the first quarter of last year.”
“Some 629 households have been helped under the mortgage rescue scheme in England, separate figures released by the Department for Communities and Local Government show.”
“When it was launched under the previous Labour government in January 2009, ministers said that up to 6,000 households could be helped by the scheme.”
“Another 1,849 applications were ongoing by the end of March.”
“The number of possession actions - the first stage of an attempted repossession by a lender - stood at 18,504 in the first three months of the year.”
“This was 8% lower than the previous quarter and 24% down on the same period last year.”
“The number of possession orders agreed by judges also fell to 14,373 - a reduction of 13% on the previous quarter and 15% down on a year ago.”
“BT announced a profit of just over £1bn ($1.49bn) in the year to 31 March, compared with a loss of £244m during the previous 12 months.”
“BT said it made a profit of just over £1bn ($1.49bn) in the year to 31 March, compared with a loss of £244m during the previous year.”
“Sony has reported a loss of 40.8bn yen ($437m; £294m) for the year to the end of March, less than half the loss it made the previous year.”
“The company said it expects sales of 3D televisions and games to help it make a profit of 50bn yen in the year to end of March 2011.”
“Revenue for the year to March fell by almost 7% to 7.21 trillion yen.”
“Consumer product sales fell by 20%, partly because a strong yen made Sony's goods more expensive overseas.”
“The company's mobile phone division, Sony Ericsson, also suffered, with sales falling by 37%.”
“The Japanese electronics giant lost 98.9bn yen a year earlier, its first annual loss in 14 years.”
“There wasn't a big surprise but one worrisome thing is that the forecast figures were below expectations”
“The UK's main FTSE index closed up 0.9% on Thursday”
“Germany's Dax added 1.1%”
“Japan's Nikkei 225 adding 2.2%”
“Wall Street's main Dow Jones index was down 0.2%”
“Prime Minister Jose Luis Rodriguez Zapatero said they would save the country 15bn euros ($19bn; £12.5bn) over two years.”
“Spain's budget deficit currently stands at 11% of GDP”
“reduce this to 6% by 2011”
“raise income tax by between 1% and 1.5%”
“tax on goods sold will rise to 21%”
“Salaries of politicians and public sector chiefs are to be cut by 5%”
“Last weekend, the EU and IMF agreed a 750bn-euro rescue package”
“France's Cac finished flat”
“Prime Minister Jose Luis Rodriguez Zapatero said they would save the country 15bn euros ($19bn; £12.5bn) over two years”
“and the austerity measures are designed to reduce this to 6% by 2011”
“Portugal has announced its own new austerity measures, pledging to raise income tax by between 1% and 1.5%”
“A tax on goods sold, meanwhile, will rise to 21%”
“Overseas students pay average fees of £9,000 per year”
“In the UK, overseas students are worth £5.3bn each year, according to the Department for Business, Innovation and Skills.”
“making the minimum Grow VC investment of $20 a month.”
“is making the minimum Grow VC investment of $20 a month.”
“Genet and Angoulvant surpassed their fundraising goal, securing $13,598 from people who pledged anything from $1 to over $1,000.”
“Petra Soderling invests $20 a month through Grow VC.”
“Through the site, start-ups can secure initial funding ranging from $10,000 to $1m.”
“secured $13,598”
“The total capital raised through the site so far is $12.8m”
“Petra Soderling invests $20 a month through Grow VC”
“offered to donate the $20,000 needed to get his plans off the ground”
“ranging from $10,000 to $1m”
“Of 28 independent economists currently used by the Treasury to assist its forecasts, 24 said they expected the rate to rise in the coming parliament.”
“The majority predicted a rise from the current 17.5% to 20% before the end of 2011.”
“Analysts say a 20% rate would raise an estimated £11.5bn a year.”
“VAT was temporarily cut last year to 15% to aid the economic recovery.”
“On Wednesday the coalition said it wanted to see "a significantly accelerated reduction" in the country's borrowing, with £6bn of cuts planned in the first year.”
“Economist Azad Zangana, from Schroders, who is predicting a rise in VAT to 19%”
“He added, however, that £6bn in public spending cuts were only "a drop in the ocean" compared to what would be required to tackle the current £166bn deficit.”
“If it is to go up from the 17.5% rate, let's get good advance notice of that”
“M&S has announced plans to pump a total of £800m into its final salary pension scheme”
“M&S making cash contributions to the scheme totalling about £376m over the next eight years”
“scheme, which has more than 120,000 members”
