14,040 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 139 of 141.
“If we count the working families tax credit as a benefit payment (which the Department of Social Security does, but the Treasury, curiously, does not), then social security spending is now rising in line with GDP.”
“On current projections, total public spending will be 39.5 per cent of GDP at the next election, assuming it is held in 2001.”
“At the election after that (if held in 2005), public spending will be about 40.5 per cent of GDP.”
“This compares with 41.2 per cent in 1996-97.”
“Exports from Morocco to Britain, two-thirds of which are textiles, have tripled in the past ten years.”
“The total raised is expected to add up to around £8m, a considerable sum, although admittedly down on the £9m the same group collected four years ago.”
“Other executives, knowing that those handing over more than £5,000 risk being publicly shamed if a cash-for-favours scandal is uncovered, have concluded that it is just not worth the hassle.”
“The Communications Workers’ Union conference in Bournemouth defied its leadership by rejecting a proposed 2p-a-week increase in the political levy to raise an extra £200,000.”
“What do union members paying £6 a year to Labour as an affiliated member get? Influence?”
“the SNP’s overdraft climbed to £600,000, at which point the bank threatened to close the account.”
“An interest-free loan of £250,000 was raised from the membership”
“the bank insisted that the Edinburgh headquarters were put on the market at £300,000.”
“Not only is there next to no money to fight it”
“After ten years of disastrous depression that shrank the Russian economy to less than the size of Belgium’s, Russia’s GDP actually grew last year, albeit by a modest 3.2 per cent. This year, forecasters are predicting robust growth of more…”
“After ten years of disastrous depression that shrank the Russian economy to less than the size of Belgium’s, Russia’s GDP actually grew last year, albeit by a modest 3.2 per cent.”
“This year, forecasters are predicting robust growth of more than 5 per cent, an upswing powerful enough to lure back many of those who were most badly burnt in 1998.”
“After ten years of disastrous depression that shrank the Russian economy to less than the size of Belgium’s, Russia’s GDP actually grew last year...”
“George Soros, the US fund manager who lost a fortune in Russia in the 1998 crash, has predicted that Russia will be one of his biggest money-making opportunities this year.”
“The government’s first, audacious act was to give up its control of interest rates and make the Bank of England independent.”
“A pledge to stick to the impossibly tight Tory spending plans followed”
“With cases pending that involve millions, maybe tens of millions, of pounds, it is too early to provide a comprehensive narrative.”
“at least from a distance, a wary quality about the new Labour guru who spends £2m a year on enhancing the prospects of poorer children.”
“For £200m a year, we could open up the top independent schools in the country.”
“Independent research shows that three million jobs depend on trade with Europe.”
“many of the 750,000 companies now involved in trade with Europe, often as suppliers to larger businesses, are also suffering.”
“In May, sterling stood at a 15-year high against the Deutschmark and, simultaneously, at a six-year low against the dollar, which illustrates the problem of being trapped between the world’s two dominant currencies.”
“As almost 60 per cent of our exports go to Europe, sterling’s relationship with the euro can be decisive for thousands of companies and millions of jobs.”
“Earlier this year, Britain in Europe warned that more than three million British jobs depend on our trade with the European Union and that many of them would be put at risk if our economic ties with Europe were weakened.”
“lowest unemployment level in 25 years”
“lowest interest rate in 30 years”
“£6.5bn extra for pensioners”
“£40bn more for schools and hospitals”
“$12bn fountain of wealth”
“$1m-per-day military adventure”
“$12bn fountain of wealth that keeps the state breathing”
“$1m-per-day military adventure in Congo”
“families who might have benefited from the £29m that has been taken from the New Opportunities Fund to bail out the Dome.”
“Last August, the Wheelers applied to the government’s Social Fund for a £1,300 grant. They received £130 with which to buy a single bed, single duvet and waterproof sheet for Michael.”
“The Millennium Dome, on the other side of the Isle of Dogs, has already exceeded the original estimated cost of £400m by more than £100m.”
“Now it is to get almost £30m more.”
“The request to meet the cost of a carpet, pillows, sheets and various items of essential clothing was refused on the grounds that the Social Fund has “only a limited amount available”.”
“turned down the chance of a (mere) 30-grand profit on the sale of my flat last week.”
“By the way, they’ve also offered to drop their commission to 1.5; if you do the same, we may still have a deal.”
“receiving income support of £130.95 (plus housing benefit)”
“A sum of £48.95 went on food, £9.15 on household items, £4.98 on socks, £12.50 on school bus fares, £2.25 on adult fares, £7.50 on cigarettes, £3.75 on TV rental, £25 on paying for furniture, £10 on clothes from a catalogue, £5 towards the…”
“On 6 April, it went up by 40p to £15 for the first child (£780 a year), and £10 (£520) for others.”
“The Centre for Research in Social Policy at Loughborough University shows that child benefit is about one fifth of average spending on a child.”
“Accordingly, the government introduced minimum wage levels of £3.60 an hour (£3 for 18- to 21-year-olds).”
“His wage – under the new legislation – is £126 a week, that is £6,552 a year.”
“True enough, it will ensure that, as from June, they will have a minimum of £207 a week.”
“According to the government’s own statistics, the weekly half average income for all family types in 1998 was £134.”
“the auction of mobile phone licences bringing in £20bn”
“fix child benefit rates at 5.5 per cent of average gross male earnings”
“The euro’s continuing weakness against the pound – it had fallen to 40p, 35p, 25p – had all but destroyed British manufacturing.”
“has a first-year target of 500,000 customers”
“Standard Life hoped to take £1bn in mortgages and actually took £4bn.”
“sold mortgages in nine minutes, and it is expected that the sales process at IF will take six minutes.”
“The Halifax is expecting quick results from its £100m capital spend and a £1bn commitment to back the new bank.”
“The £50 a year that the job carried (later raised to £70) was his immediate goal”
“By the standards of successful developing states, India had grown slowly since independence. But in the Eighties, it began to pick up, growing by over 5 per cent, and by the Nineties, economic growth was up to 6 per cent. Forecasts are tha…”
“Dr Rakesh Mohan, the head of India’s National Council of Applied Economic Research, says that, for the foreseeable future, “middle-class, upper-middle and upper households” will grow much more rapidly than will the “lower-middle” or “the p…”
““The acceleration of growth”, he says, “will take us all by surprise.””
“it is expected to cost £1m.”
“a cost of £1m to mount a referendum”
“£12m was invested in Digital Animation which devised Ananova”
“extra spending of £19.4bn pledged by Tony Blair last month”
“Its shares have slumped to a total value of £1.2bn, having been worth £5bn two years ago.”
“The Chancellor is sitting on a £22bn windfall from mobile phone licences.”
“Just to pay the interest on the city’s historic housing debt burden of £1bn takes 47p of every £1 taken in rent.”
“The debt per house has increased from £3,220 to £8,896, while the amount needed to make these homes warm and damp-free has doubled to £16,000 per house in the past ten years.”
“The properties they would be lending against are worth £100m – but only £10m with tenants, and a high proportion are dependent on housing benefit to pay the rent.”
“The Chancellor is sitting on a £22bn windfall from mobile phone licenses.”
“total spending on tourism this year is forecast to reach £24.3bn”
“The likelihood is that the Executive will come up with £6m, and if that happens, almost all the pieces will fall into place.”
“Irving now faces court costs of over £1.5m.”
“In one case, arising from his 1967 book, The Destruction of Convoy PQ17, he was ordered on appeal to pay £40,000, or the equivalent of about £350,000 in today’s money.”
“30 per cent below the official poverty line.”
“£35 for a single man, £104 for a family of four.”
“£10 pocket money a week”
“three times as much as cash benefits to administer”
“£4.50 worth of baby food with a £5 voucher”
“It costs more than £500 a week to keep someone in prison, compared with less than £100 for proven alternatives, such as intensive probation, that address the reasons for criminal behaviour.”
“published by Catalyst on 18 April, £5.99.”
“Its debt stock has remained more or less constant for ten years – $6.8bn in 1988 and $6.8bn in 1998.”
“In that period, despite receiving aid and new loans, Zambia paid $1bn to its western creditors, comprising the World Bank, IMF, regional development banks (42 per cent) and western governments (56 per cent).”
“In 1998 alone, Zambia paid $202m – more than four times as much as it spent on health care, in a country ravaged by HIV/Aids.”
“The reward? A reduction in annual repayments from $152m to $150m.”
“Last year, the British and American governments promised 100 per cent cancellation, but these promises have failed to materialise, becoming bogged down in accounting jargon and bureaucracy.”
“The Treasury’s claim that one million jobs are out there, just waiting for Britain’s 1.1 million job- seekers to pick off the shelf, has been greeted with incredulity.”
“In recent years, Hastings has levered in over £120m in regeneration funding.”
“In 1992, the then secretary of state for education, Kenneth Clarke, in order to fulfil an election pledge, found £10m for a three-year trial of Reading Recovery in 20 inner-city local education authorities”
“What exactly is going to happen to the £35m that the Chancellor has earmarked for the NHS?”
“Buying Border will involve a hefty premium on an already inflated share price, and that will have to be recouped through a programme of savings.”
“Parents of young children who relied entirely on benefits spent, on average, about 50 per cent more than their child allocations.”
“the £4 a week boost in child allowances announced in the Budget was part of a fundamental improvement in the adequacy of such payments.”
“take home 2,000 Deutschmarks a month while his father, who for 25 years has worked as a doctor, gets DM200 a month”
“From well-informed press reports, we were looking at a requirement of £250 million in regional aid.”
“The pound, in fact, is worth no more today than it was in 1986; it is the Deutschmark/euro that has gone down by 29 per cent.”
“Between 1967 and 1986, the Deutschmark revalued by 250 per cent against sterling.”
“Gordon Brown moved quickly to shoot it down, declaring the problem to be Rover’s low productivity.”
