14,040 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 17 of 141.
“But Smart has already committed to allocating 15 per cent of its default fund to private markets, already surpassing the five per cent benchmark.”
“Pensions minister Torsten Bell admitted that the “fragmented pensions system has meant people’s savings are not working hard enough””
“Young’s saw its profit before tax more-than double to £41m in the year to the end of March, as revenue inched up by 4.6 per cent to £508m.”
“Revolut is reportedly eyeing a secondary share sale with a fresh valuation of $115bn (£86bn).”
“The fintech is understood to be targeting 2028 for an IPO.”
“The Premier Jumping League has raised $50m (£38m) from the first sale of a team in the new showjumping competition backed by former LA Dodgers owner Frank McCourt.”
“The sale price is a major boost for the PJL, which aims to attract the sport’s top riders and horses with $300m (£227m) in prize money over its first three seasons, as well as targeting sponsors keen on its affluent following.”
“The United States' war in Iran has cost $37.5 billion so far, US Defense Secretary Pete Hegseth said on Tuesday, an increase of nearly $8 billion since the last public estimate. Hegseth told lawmakers that the figure also included …”
“re-paying its $26bn (£16.2bn) of debt less onerous”
“€1.75bn”
“£40bn”
“25 and 50 per cent”
“six times”
“the number of companies on the market is now at its lowest level this century, after some 88 companies left last year to become a private company or as part of a takeover deal.”
“an initial review indicates 70 per cent support our proposed changes to corporate governance disclosures.”
“the Labour government had saved over £7.5bn in taxpayer money in the past year through “aggressive fraud prevention and recovery.””
“City PM recently reported that the total cost of Covid has been estimated by the government to be £385bn, which includes spending for loans and grants to support businesses.”
“new 95 per cent LTV”
“The news came as the French carrier reported full-year losses of &1119;578m (£507m) yesterday, down from a profit of &1119;790m last year, in the latest blow to the ailing industry.”
“Analysts had forecast losses of around &1119;902m.”
“The profit-sharing venture [...] pushed shares in Air France up, closing at &1119;11.30, an 11.44 per cent lift.”
“Revenue at the firm’s warehouse tech arm slipped by eight per cent to £256m in the six months to April, excluding £354m in compensation from the closure of a string of its North American sites.”
“Ocado Retail, the group’s online shopping partnership with Marks & Spencer, took a 15 per cent boost in revenue to £1.8bn and expanded its market share to 13.7 per cent.”
“The service now attracts 10 per cent more active customers, whose average shopping basket is worth £126.55 – up two per cent from a year ago, the firm said.”
“The group’s retail arm delivered a £12m pre-tax profit in the six months to April, returning to the black following a £17m loss in the same period the year prior.”
“Ocado’s shares shed seven per cent to 165p on Thursday’s market open, widening recent losses which have seen the stock lose 90 per cent of its value in the last five years.”
“have thrown their weight behind a campaign to cut Value Added Tax (VAT) from 20 to 10 per cent for hospitality businesses.”
“London-listed Fuller’s revealed a six per cent bounce in revenue to £398m on Wednesday, as Emeny slammed 'unprecedented government interference' in the pub sector.”
“This growth would 'straight away turn on the taps' of employment and would result in bigger tax receipts for the Treasury 'further down the line,' he added.”
“It currently estimates that dividend payouts will fall by 30 per cent next year”
“This is on top of the 19 per cent fall in payouts since last Summer’s peak”
“Rough estimates indicate dividend reinvestment and growth account for the lion’s share of total returns – somewhere between 50 to 90 per cent”
“The UK has received fresh economic growth data this morning which has put GDP expansion at a sluggish 0.1 per cent for the month of May. [...] “While all three main sectors grew over the three months (to May), the slight growth in GDP in M…”
“Manufacturing contracted 0.8 per cent and production 0.5 per cent.”
“Total spending in 2027 will come to €555.4 billion, 12 billion more than initially projected when draft figures were outlined in April.”
“New borrowing is nearly eight billion euros higher, at €118.7 billion.”
“he told a press conference. "We have managed to plug a 34-billion-euro hole, and insisting the focus on military spending was justified."”
“Savings of €3 billion are planned for the pension scheme and €1.8 billion for health insurance in 2027.”
“The introduction of a plastic tax is expected to generate €1 billion starting in 2027”
“while increases in alcohol and tobacco taxes are set to bring in a combined €1.2 billion.”
“We delivered a strong start to fiscal 2027 with record revenue of $291 million, gross margin of 21%, diluted earnings per share of $3.24, and adjusted EBITDA of $56.4 million. Our first quarter results reflect exceptional execution across …”
“Consolidated revenues for the quarter ended April 30, 2026, were $291.0 million, an increase of $97.3 million, or 50.2%, from consolidated revenues of $193.7 million reported for the comparable prior-year quarter.”
“For the quarter ended April 30, 2026, Argan’s consolidated gross profit was $61.1 million, or 21.0% of consolidated revenues, compared to $36.9 million, or 19.0% of consolidated revenues, for the quarter ended April 30, 2025.”
“Selling, general and administrative expenses were $15.7 million and $12.5 million for the three months ended April 30, 2026 and 2025, respectively, and represented 5.4% and 6.5% of corresponding consolidated revenues, respectively.”
“Other income, net, for the three months ended April 30, 2026 was $8.4 million, which primarily reflected investment income earned during the period.”
“For the quarter ended April 30, 2026, Argan achieved net income of $46.1 million, or $3.24 per diluted share, compared to $22.6 million, or $1.60 per diluted share, for last year’s first quarter.”
“EBITDA for the quarter ended April 30, 2026 increased to $54.4 million compared to $30.3 million for the same quarter of last year.”
“Adjusted EBITDA for the quarter ended April 30, 2026 increased to $56.4 million compared to $31.5 million for the same quarter of last year.”
“The total balances were $973.6 million and $895.0 million as of April 30, 2026 and January 31, 2026, respectively.”
“Balance sheet net liquidity was $421.4 million at April 30, 2026 and $421.0 million at January 31, 2026; furthermore, the Company had no debt.”
“As of April 30, 2026, consolidated project backlog was approximately $2.8 billion, as compared to approximately $2.9 billion at January 31, 2026.”
“It’s a buyer’s market out there for anyone who has the capital,”
“The returns Lloyds is making on Insight won’t be great so it may well be motivated to sell,”
“The bank has already begun to exit the integrated finance portfolio it inherited from HBOS, closing the division to new business”
“and with Insight proving another burdensome business, the bank could accept a bargain price for the unit.”
“£150m from the British Business Bank”
“£8.3bn in funding during 2025”
“$17.7bn last year”
“$220m in funding”
“posted 2008 pre-tax profits up 16.7 per cent to £49.2m, on sales up 19 per cent to £557.8m”
“expected its 2009 pre-tax profits to be “slightly down” on market expectations of £60m”
“It has £118m of cash in the bank, and last year it extended its credit facilities with Lloyds to £90m from £35m.”
“capital spending topped £39m on items like bespoke software.”
“took six months to raise $50m (£30.2m) from US investors”
“made £13m from selling part of his stake, though he still retains a 10 per cent holding in the business worth around £40m.”
“which shows a figure of $25bn scribbled out and replaced with $10bn.”
“it turns out that a retired Tortoise would be around £16,000 a year better off in retirement”
“and would also have accumulated around 30 per cent more non-pension wealth by age 80 than the Hare”
“New customers signing up for the first time will be greeted with a fantastic welcome offer of 100% Up To £50 On Your First Deposit.”
“The bonus will be paid out in 10% increments to your main balance.”
“The London-born fintech giant – which currently boasts a valuation of $75bn – is tipped to launch another secondary share sale in the second half of this year that will take its valuation to somewhere around $115bn.”
“I think Revolut will be a one trillion dollar company,” Chang told City PM.”
“Reports suggest that Revolut founder Nik Storonsky is eyeing up a valuation of up to $200bn (£150bn) for its long-awaited public debut.”
“Such a level would catapult it above a number of Europe’s top banks including Barclays (£64bn), UBS (£114bn) and Santander (£138bn).”
“Chang founded Fuse – which operates across the energy chain including its own wind and solar farm to provide electricity and gas to households and businesses – in 2022 and struck a $5bn valuation just last December after a $70m investment …”
“16 per cent increase in revenues for the first four months of the year”
“net cash balance increased to £227.6m at the end of April”
“one-off receipt of £18.5m”
“cut his above-consensus 2009 and 2010 earnings estimates by 15 to 20 per cent respectively”
“The US Dollar Index dropped as much as 0.7pc to the lowest level since December 18 after posting its biggest monthly loss this year in May.”
“The cinema firm’s share price took a wild ride on Tuesday, opening 43 per cent lower at 20.1p before recovering to around 35p.”
“HMRC expects around 2.06m people to earn more than £100,000 next year”
“IG recently analysed HMRC’s own published behavioural assumptions and found that aligning Capital Gains Tax with income tax rates could actually leave the Treasury almost £8bn worse off each year”
“Once earnings exceed £100,000, personal allowances begin to disappear, creating an effective marginal tax rate of 60 per cent for many”
“THE FTSE 100 closed 0.1 per cent higher yesterday”
“when it shed 2.6 per cent”
“The index has surged 25 per cent since hitting a six-year trough in March, but is still down 1.9 per cent for the year to date.”
“pharmaceutical giant GlaxoSmithKline and British American Tobacco both gained 0.7 per cent”
“consumer prices rose 0.6 per cent on the month in May, taking the annual rate to 2.2 per cent from 2.3 per cent in April”
“BT Group was the biggest FTSE 100 gainer, up 8 per cent after Morgan Stanley upgraded the telecoms carrier to “overweight” and raised its target price.”
“Tesco gained 1.5 per cent after Britain’s largest retailer issued a solid trading update, posting an in-line 9.7 per cent rise in first-quarter UK sales.”
“J Sainsbury, set to issue a trading update for the first quarter today, gained 1.1 per cent while supermarket chain Wm Morrison firmed by 0.6 per cent.”
“Argos owner Home Retail Group saw good demand, rising 1,7 per cent as HSBC anlaysts upped their rating to “neutral” from “underweight”.”
“Weak oil majors were the biggest drag on the blue chips yesterday as an earlier recovery was reversed, although crude prices stabilised around the $72 level.”
“BG Group lost 2.2 per cent while BP shed 0.2 per cent, and Royal Dutch Shell slipped 0.1 per cent.”
“Rio Tinto was the biggest FTSE 100 faller, down 2.5 per cent after the firm said it expects weak commodity markets to continue to hit its bottom line as it launched a $15.2bn rights offer, the world’s fifth-largest ever share issue.”
“The fund, which is managed by Nicola Horlick’s Bramdean Asset Management, suffered a 7.7 per cent fall in net asset value to 81.35p in May, reflecting the currency movement in its dollar-denominated portfolio of investments.”
“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, insurance consultants have warned.”
“Europe’s market for credit default swaps – used to protect investors against bond defaults – adopted a new pricing structure on Monday as part of a drive to eliminate counterparty risk.”
