14,042 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 20 of 141.
“ACE said some members have been offered just 65 cents on unpaid fees by the emirate developer, Nakheel.”
“Builders and engineers responsible for the luxury developments that turned Dubai into a desert boom town have called on the British government to help them recover hundreds of millions of pounds in unpaid debts.”
“and 63 per cent said that it had.”
“recruitment volumes in risk remain statically low, in line with other banking areas”
“We know that there’s massive demand for risk talent at almost every level, but it’s not being realised just yet”
“from the latter part of this year and into 2010, recruitment activity is likely to rise heavily”
“The regulator was looking into the multi-billion-pound collapse of the Greensill Group, which focused on providing supply chain financing and related financial services in the UK and Australia, in March 2021, that left liabilities of over …”
“Goodwin will now take home £342,500 a year, or a total of £9m, after a deal was hammered out between RBS, the Treasury and UK Financial Investments (UKFI) – the organisation that manages the government’s stakes in banks.”
“The Scottish banker had already seen his payout reduced from £703,000 a year, in exchange for taking part of it in a lump sum of £2.7m.”
“Chancellor Alistair Darling said Goodwin had done “the right thing” by giving back some of a pension he received despite leading the bank to a full-year loss of £24bn in 2008 – a UK corporate record”
“Chancellor Alistair Darling said Goodwin had done “the right thing” by giving back some of a pension he received despite leading the bank to a full-year loss of £24bn in 2008 – a UK corporate record – and forcing it to take a government ba…”
“One proposal already floated by Streeting includes what he brands a “wealth tax that works,” where capital gains tax (CGT) is brought in line with income tax. The former Cabinet minister said mirroring CGT with the three income tax bands,…”
“Chancellor Rachel Reeves attempted to stir up some excitement with a holiday on stamp duty for new listings, giving them a three-year break following their IPO from the 0.5 per cent levy paid by investors when purchasing shares.”
“Smith said the deal announced on Tuesday did not include any new financial stake in the startup”
“Zilch secured its $2bn valuation in 2021, just three years after it was founded.”
“In the firm’s 2023 accounts, it spent north of £2m on restructuring costs as it undertook an aggressive cost-saving exercise on the path to profitability. Zilch also kicked off a hiring freeze that year as it set out "optimising and automa…”
“Just last year, Zilch tipped over the £100m revenue mark for the first time after a 93 per cent year-on-year surge, whilst gross merchandise value – the total sales completed using the firm’s services – swelled by three quarters to just sh…”
“sending the FTSE 100 0.7 per cent, or 28.69 points, lower at 4,387.54”
“Banks were the worst performing large caps, with Barclays, HSBC, Standard Chartered, Lloyds Banking Group and Royal Bank of Scotland down 0.8 per cent to 4.6 per cent”
“it had based them on the assumption that GDP would shrink 6 per cent”
“assets under management had fallen over six per cent”
“BP and Royal Dutch Shell gained 0.6 and 1.0 per cent respectively”
“Cairn Energy added 3.5 per cent”
“Tullow Oil rallied 2.5 per cent”
“Mexican silver miner Fresnillo was a top riser, up 3.4 per cent”
“gold producer Randgold Resources gained 3.1 per cent”
“platinum miner Lonmin added 1.2 per cent”
“BHP Billiton, Vedanta Resources, Kazakhmys and Xstrata lost 0.2 to 1.7 per cent”
“up 17.5 per cent to take its two-day rally to around 30 per cent”
“Mike Ashley’s Sports Direct had offloaded its 4.8 per cent stake in struggling rival JJB Sports”
“which dropped 2.68 per cent to 36.25p”
“Crystal Amber which last week raised its JJB investment to 13.75 per cent”
“tourism already generated £52bn in tax revenue last year alone”
“The UK is around the seventh or eighth biggest country in the world by tourist arrivals, but third for tourist receipts”
“on tourism price competitiveness, we rank a worrying 113th out of 119 countries”
“The Taxpayers’ Alliance estimates any overnight visitor levy, no matter how “cheap”, could cost the UK tourism industry £6bn and 19.5m domestic overnight visits”
“Tourism Alliance research found that, once VAT on overnight stays is factored in, UK accommodation is already taxed more heavily than every comparator destination studied with the exception of Amsterdam”
“Average partner earnings at the London-based firm slumped from £1.16m in 2007-08 to £733,000 over the 12 months to 30 April as its key banking and corporate clients struggled in the global financial turmoil.”
“The group, whose clients have included Royal Bank of Scotland, Barclays, UBS, Banco Santander and Lehman Brothers, said annual revenues fell by five per cent to £1.26bn.”
“The dip in revenues means the law giant loses its crown to US rival Skadden Arps Slate Meagher & Flom, which billed $2.2bn (£1.33bn) in 2008.”
“It’ll cost each player £350 to play at Royal Blackheath Golf Club on 21 September...”
“Since 1968, TA has invested in more than 560 companies across its core sectors, including technology, business services, financial services, and healthcare.”
“The firm has raised $65 billion in capital to date and has more than 160 investment professionals across offices in Boston, Menlo Park, Austin, London, Mumbai, and Hong Kong.”
“The aerospace and AI giant raised $75bn at a fixed price of $135 per share, giving the company a valuation of around $1.8tn”
“investor demand reportedly topping $250bn (£186bn)”
“leaving the offering between three-and-a-half and four times oversubscribed”
“shares were indicated more than 35 per cent higher in shadow trading overnight”
“then you’re left with xAI being worth around $1tn on its own”
“If you strip out Starlink and launch from the expected valuation, then you’re left with xAI being worth around $1tn on its own”
“This valuation is built on faith and trust in Elon Musk’s vision… These revenue projections are over optimistic”
“When their eight-day average volume is around 500,000 shares, then we expect a significant move higher in the share price before the transaction is complete.”
“Crude prices soared on the flare-up, with Brent breaking back above $100 a barrel last week for the first time since May. ... Both main oil contracts sank Monday, with Brent shedding more than seven percent at one point to briefly drop bac…”
“"It looks as if developments in the Middle East have moved in a positive direction over the weekend, adding some credibility to the notion that oil above $100 a barrel seems to induce de-escalatory behaviour from both sides," wrote Nationa…”
“The Confederation of British Industry (CBI) has said that around 200,000 more Brits are on track to become unemployed before the end of year”
“while growth will slow to as little as 0.9 per cent next year”
“economic growth set to slow from 1.4 per cent last year to 1.1 per cent in 2026 and then just 0.9 per cent in 2027”
“Previously, it had pointed towards growth of 1.3 per cent this year and 1.5 per cent in 2027”
“inflation would continue to rise "towards 4 per cent"”
“slammed the government’s decision to add to an estimated £345bn business tax bill over the last two Budgets”
“Jet2’s share price jumped by nine per cent to 1,486p on Wednesday’s market open, leaving the stock up five per cent in the year so far.”
“The firm unveiled a new £250m share buyback which it said reflects its “strong liquidity, confidence in the medium-term outlook and disciplined approach to capital allocation”.”
“a 67 per cent decline in its cash inflow to £77m in the year to the end of March was due to “customers delaying their holiday bookings following the start of the conflict”.”
“Jet2 saw revenue jump by four per cent in the period to £7.5bn but profit before tax slipped by seven per cent to £551m, owing to lower income earned on its cash deposits.”
“The firm’s £6.2bn market cap makes it the second-largest company on the AIM market and means it would “comfortably” enter the upper end of the FTSE 250 if it made a switch, Hunter added.”
“the Office for Budget Responsibility (OBR) revised up its public debt forecast in 2075 from 270 per cent as a share of GDP to 300 per cent.”
“Public debt is hovering around 95 per cent, amounting to just under £3 trillion.”
“Spending on the state pension is set to be one of the main drivers of rising public debt, with expenditure to grow from five per cent of GDP to around nine per cent in 50 years... Under the OBR’s central scenario where the triple lock is k…”
“The OBR’s assumptions suggest that the government could spend around five per cent of GDP less on the state pension if the triple lock was scrapped and replaced with inflation uprating.”
“Economists also warned that a possible delay on raising the state pension age to 68 by six years would cost taxpayers an additional £6bn in today’s terms.”
“Welfare spending on children and working-age adults is broadly projected to stay flat at around six per cent of GDP, according to OBR calculations.”
“While tax receipts are on course to reach the highest level on record by the end of the decade, they could remain broadly stable as inheritance tax receipts increase as wealth effects gather.”
“six to twelve weeks from first conversation to investment through Jenson Ventures”
“below 30%”
“four-year relationship”
“At a targeted $1.7 trillion to $2 trillion market cap, SpaceX would debut as the seventh-largest company on the Nasdaq 100”
“the core launch business, Space (22 per cent of 2025 revenue); the profitable satellite internet arm, Starlink (61 per cent of revenue); and AI (17 per cent of revenue)”
“Goldman Sachs and Morgan Stanley expect a six-fold increase in SpaceX revenues to $160bn by 2028”
“xAI is not, generating a loss of $6.4bn on $3.2bn of sales in 2025”
“SpaceX is skipping the standard 180-day Wall Street lock-up in favour of a staggered framework”
“a week ago that, with departments instructed to make capital budget savings of at least one per cent”
“With public sector spend on IT estimated at £21bn and a moratorium on IT projects over £1m under the then coalition government, I watched the Government Digital Service (GDS) take shape under Mike Bracken with genuine optimism. The spend, …”
“Allwyn, the European gaming operator who took over the UK National lottery in 2024, booked revenue growth of around a fifth in the first three months of 2026 to €1.2m (£1m).”
“Earnings before tax was up by a quarter to €443m.”
“But on the UK front the firm took a hit with earnings falling 56 per cent to €4m as gaming revenues dropped seven per cent to €942m.”
“Robert Chvatal, Allwyn chief executive, said: “We have high conviction in our future growth, cash generation and shareholder value creation, and have today launched a €150m share buyback programme”
“A social housing investment scheme that promised amateur investors huge returns with no risk has collapsed into administration owing its backers nearly £40m, City PM has learned.”
“the company claimed it could guarantee returns of up to 17 per cent a year via “socially responsible” investments.”
“Moores and McManus, who live in Spain, purchased two loan notes – one for £70,000 in September 2024, and another for £201,000 in October 2024. Alderley in turn promised a guaranteed annual return of 15 per cent and 17 per cent, respectivel…”
“One of our clients has lost £550,000 to this scheme. We have millions of pounds in claims,” Martin Richardson, senior partner at Richardson Hartley Law, which is leading the claim, told City PM.”
“In the past year we have seen a number of these social housing investment projects go bust losing investors tens of millions of pounds in total.”
“Some of the largest lenders to the private equity groups that led the $23.8bn buy-out of Clear Channel Communications intend to turn down a proposed debt exchange...”
“Further signs of investors’ renewed appetite for risk came with Europe’s first high-yield private equity-backed bond since the credit crisis began. The deal was just the sixth European high-yield offering this year...”
“It is believed a sell-off of two assets could raise between $11bn-$13bn (£6.7bn-7.9bn).”
“BRADFORD and Bingley will lose up to £700m on mortgage defaults this year”
“the number of borrowers more than three months behind on their mortgage had grown from the 4.6 per cent figure it announced in March and was now higher than five per cent”
“the £20bn it has already borrowed from the government”
“expects to redeem around £2bn of mortgages per year in the next three years”
“will have to repay loans of up to £10bn this year alone”
“already received interest-free loans of more than £18bn through the Financial Services Compensation Scheme”
“The party recently confirmed it would raise the VAT registration threshold from £90,000 to £150,000 in a bid to help small businesses”
