14,040 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 129 of 141.
“However, its base-rate tracker at 5.49% is set at a margin of 4.99% over the Bank of England's base rate, with no cap or ceiling.”
“Meanwhile the Lloyds banking group, which includes the Halifax, has stopped offering interest-only home loans worth more than half a million pounds.”
“The new 90% loan is part of a revamped range of mortgages from the Post Office.”
“Virtually all lenders require mortgages over 75% loan to value (LTV) to be on a repayment-only basis - that's why the Post Office rates would be so different," he added.”
“there are now more than 160 deals available that ask for just a 10% deposit.”
“its base-rate tracker at 5.49% is set at a margin of 4.99% over the Bank of England's base rate, with no cap or ceiling.”
“has stopped offering interest-only home loans worth more than half a million pounds.”
“We are looking to be one of the top 10 lenders in the UK," said a spokeswoman.”
“Authorised overdraft rates have reached their highest level for a decade, according to financial information service Moneyfacts.”
“The average interest rate on agreed overdrafts has reached 14.22%, the highest since May 2000.”
“Over the last 10 years, authorised overdraft rates dropped to 11.81% at their lowest point in May 2004, the Moneyfacts research shows.”
“If someone with an agreed overdraft was charged at a market average of 14% and they were £500 overdrawn for 15 days each month, they would pay interest charges of £2.87 per month”
“If their interest rate was increased by 2%, it would mean having to pay an extra 41p every month.”
“The area that really needs more focus is unauthorised charging, where a £50 unauthorised overdraft for just three days can cost a customer up to £60 for what is a short-term and fairly minor financial indiscretion.”
“If someone with an agreed overdraft was charged at a market average of 14% and they were £500 overdrawn for 15 days each month, they would pay interest charges of £2.87 per month, he said.”
“a £50 unauthorised overdraft for just three days can cost a customer up to £60 for what is a short-term and fairly minor financial indiscretion.”
“The high comes despite the Bank rate remaining at a record low of 0.5%,”
“'The area that really needs more focus is unauthorised charging, where a £50 unauthorised overdraft for just three days can cost a customer up to £60 for what is a short-term and fairly minor financial indiscretion.'”
“Growth to between January and March was 0.2%, after being flat in the previous three months.”
“Compared with the same quarter in 2009, the combined economies of the 16 countries that use the euro grew 0.5%.”
“Throughout the 27-nation EU as a whole, which includes the UK, the first quarter also showed 0.2% growth.”
“The figures, from the European Union's statistics office, Eurostat, showed that Greece's economy shrank by 0.8% in first quarter of 2010.”
“Italy reported the fastest growth, of 0.5%, making up for a 0.1% drop over the previous quarter.”
“Germany was in line with the average, with 0.2% growth, although this was higher than some analysts forecast.”
“Spain crawled out of recession with 0.1% growth.”
“France also grew by 0.1%, slowing from 0.5% growth in the previous three months.”
“The figures for the eurozone and whole EU compared unfavourably to first quarter growth of 0.8% for the US.”
“Japan has yet to release its data, but it had already recorded growth of 0.9% in the last three months of 2009.”
“He said: "The eurozone's upturn is expected to gradually become more firmly established in 2011, when GDP growth is forecast at 1.5%, helped by a stabilisation and then gradual improvement in labour markets as well as by stronger global gr…”
“In its Inflation Report, the Bank predicted that inflation - which stood at 3.4% in March - would remain above the 2% target for the rest of the year.”
“However, it is then expected to fall below 2% for the following two years.”
“Analysts said the Bank's forecast suggested that UK interest rates - currently at a record low of 0.5% - were set to remain low for some time.”
“There are still no indications that the [Monetary Policy] Committee is anywhere close to tightening policy,”
“Despite edging back into growth at the end of 2009, the UK economy remains in need of the boost to spending that can be delivered by the World Cup, ideally underpinned by a successful tournament for the England team," said Richard Cope of …”
“Despite edging back into growth at the end of 2009, the UK economy remains in need of the boost to spending that can be delivered by the World Cup, ideally underpinned by a successful tournament for the England team,”
“Mr Prokhorov, whose fortune, according to Forbes magazine, stands at $13.4bn (£8.9bn)”
“All in all, I think we must have spent somewhere in the region of $200,000 on this car, and so have most of the teams here.”
“The reel-to-reel recording is estimated to fetch up to $25,000 (£16,800) at a Los Angeles sale on 13 June.”
“The tapes form part of a sale which includes a rare watercolour from 1940 Walt Disney film Pinocchio, estimated to fetch up to $40,000 (£26,800).”
“One of Michael Jackson's white rhinestone gloves - predicted to sell for between $14,000 and $16,000 (£9,400 and £10,700) - is also up for auction.”
“Mr King said plans for spending cuts worth £6bn in 2010 were 'sensible'.”
“A plan for deficit reduction will be set out in an emergency budget within 50 days, with £6bn in cuts to 'non-front line services' to be made in the 2010-11 financial year.”
“A 'substantial increase' in personal allowance for income tax from April 2011, with a longer-term objective of increasing the personal allowance to £10,000”
“the FTSE 100 index fell in early trading, but then recovered to close up 0.9% at 5383.5 points.”
“The pound also reversed earlier gains against the euro, with one pound worth 1.175 euros.”
“He added that the gap between the yield on equivalent German and UK government bonds had narrowed, 'which shows that investors believe the risk of lending to the British government has reduced'”
“The FSA has previously been criticised for its supervision of banks in the lead up to the financial crisis.”
“The Securities and Exchange Commission (SEC) said it still needed more time to investigate, but warned that new safeguards would be introduced.”
“The markets failed many investors on May 6, and I am committed to finding effective solutions in the very near term”
“On 6 May, the Dow Jones fell a lightning-fast 700 points, sending shivers through the investor community.”
“More than 100 SEC staff are probing last week's events, and sifting through more than 17 million share trades.”
“Mrs Shapiro said nothing unusual was found.”
“On Monday, the heads of major exchanges and the SEC agreed to strengthen existing circuit breakers that are designed to stop HFT exacerbating share price falls.”
“It is possible that the additional safeguards will include circuit breakers that would trigger a pause in trading if a share price fell more than 10% in a five minute period.”
“He said the plan would save about 15bn euros ($19bn; £12.5bn) over two years. [...] "We aim to cut civil service wages by an average of 5% in 2010 and freeze them in 2011," he added. He said his own salary and those of senior cabinet membe…”
“At the weekend Spain said it wanted to drastically reduce its budget deficit, which currently stands at 11% of GDP. The aim of the new package is to trim this deficit to 6% of GDP in 2011.”
“Mr Zapatero was speaking as government statistics showed Spain had moved out of recession in the first quarter of this year, with growth of 0.1%.”
“On Sunday it approved a 750bn-euro rescue package to prop up European economies struggling with large debts.”
“He said the plan would save about 15bn euros ($19bn; £12.5bn) over two years. ... "We aim to cut civil service wages by an average of 5% in 2010 and freeze them in 2011," he added. He said his own salary and those of senior cabinet members…”
“After the 2006 World Cup, the German football association (DFB) paid 101 million Euros (£87.8m at current exchange rates) in various taxes on its activities during the tournament.”
“Germany also taxed the non-resident players and trainers as normal, charging them 21.1% on their football fees and bonuses, and other commercial earnings; for instance from appearing in adverts. That raised just over seven million Euros (£…”
“World Cup preparations have cost South Africa an estimated R33bn - nearly £3bn”
“A standard 15% tax on the earnings of foreign sportsmen and entertainers will be applied as normal and ticket sales will have 14% VAT applied.”
“Nearly 900 million Swiss Francs (£552m at current exchange rates) were spent by Fifa on organising the tournament”
“Fifa accrued more than 2.8 billion Swiss Francs (£1.72bn) in the four years up to and including the competition”
“How much income tax did Fifa pay in 2006 locally? Just one million Swiss Francs (£613,500).”
“Dow Jones index closed down 0.34% following a turbulent day's trading”
“nearly 4% rise on Monday”
“package of loans and guarantees worth 750bn euros ($975bn; £650bn)”
“shares in London up 5% and the Paris stock market up 9%”
“both markets fell today, by 1% and 0.7% respectively”
“issue being two-and-half times oversubscribed”
“government wanted to borrow £2.25bn, while investors offered to lend £5.6bn”
“pound rose above $1.50 following the resignation of Gordon Brown, having reached a low of around $1.4725 earlier in the day”
“against the euro, the pound also rose to 1.1793 euros”
“The poll of 1,265 people for Co-operative Bank found.”
“One in 10 people are not very aware how much money is in their main bank account, a survey has suggested.”
“One in three said they were "extremely certain" how much was in their current account.”
“The survey found that 6.8% of those asked were "not very certain" how much money was in their most regularly used bank account. Another 2.2% were "not very certain at all", and another 1.4% had no idea how much was in their account.”
“Those aged over 55 had the biggest proportion of respondents (40%) who were "extremely certain" how much was in their account.”
“A quarter of all those asked said they knew to within £10 how much was in their account.”
“In the six months to 31 March 2010, the group's net earnings fell by 32% to 95.2m euros ($121m; £82m) from sales that were down by 7%.”
“It says that losses from software piracy amounted to $51.4bn (£34.8bn) in 2009.”
“BSA's vice-president, Jeffrey Hardee said that a 10 percentage point reduction in software piracy in the Asia Pacific region would "directly contribute" 41 billion dollars to the region's economies.”
“Customers were given back £284m in the second half of 2009”
“Banks and building societies dealt with 2,014,000 complaints, up from 867,427 in the first half of the year.”
“This was because they were finally allowed to process more than a million complaints about overdraft charges.”
“These had been on hold since the middle of 2007, pending the outcome of a high-profile legal test case.”
“This was finally resolved last November in favour of the banks, when the Supreme Court ruled against an attempt by the Office of Fair Trading (OFT) to challenge the fairness of bank overdraft charges using existing consumer protection laws.”
“The complaints were put on hold with an FSA waiver for the duration of the test case between the OFT and major banks, which ended last December, "the FSA explained.”
“Overall, the financial services industry received nearly 2.7 million complaints in the last six months of 2009, up from 1,510,886 in the first half of the year.”
“This was the largest number since the initial surge of bank overdraft complaints hit the industry in the first half of 2007, when in total just over two million complaints were received.”
“After banking services, the next largest category of business that upset customers was general insurance and pure protection, which generated 421,368 complaints, up from 337,000 in the previous six months.”
“Banks, building societies and other sellers of insurance repaid £144m to customers in the last half of 2009 as a direct result of their complaints, out of a total of £284m redress paid to buyers of all types of financial product.”
“Of the insurance complaints, 174,000 related to the mis-selling of payment protection insurance.”
“if the holiday was booked on a credit card, then people might have a claim through their credit card provider for costs of over £100. This comes under section 75 of the Consumer Credit Act”
“Anyone claiming would need to have bought the policy and made their bookings before the strike dates were announced, the Association of British Insurers says.”
“Output rose by 2.0% compared with February, the Office for National Statistics (ONS) said.”
“Analysts had expected a 0.3% rise.”
“The ONS estimated that the data would add 0.1 percentage points to the UK's first-quarter GDP growth - initially estimated at 0.2%.”
