13,379 source-backed finance facts - each attributed to a named person and a number, linked to the original source. Page 98 of 134.
“If BP decides to sell its [stake in TNK], it will have to do so with a discount to find a buyer faster”
“BP also owns about 1% of the Russian state-run company Rosneft, which is worth another $900m”
“Rumours about a possible sell-off caused Rosneft's share price to fall by 6% on Thursday”
“BP made a profit last year of $14bn, down from $25bn a year earlier”
“Standard Chartered warned last week that the total cost to the company, including legal costs, could top $40bn”
“£40,000 compensation”
“has a budget deficit of 11%”
“one in five workers is unemployed”
“Trading standards officers said the scammers issued cheques for 2,645 euros (about £2,200) before asking the recipients to transfer the money, less 264 euros (£220), to an address in Malaysia.”
“Eighty-six per cent of my budget is spent on people and if we want to make significant savings in policing there is only one way of doing it - which is to reduce the size of the workforce.”
“the amount lent in new home loans rose by 7% in May from the previous month to £11.3bn.”
“up 10% from a year ago”
“LTV ratios of over 75%”
“prices had risen by 10% in the past year”
“Kent Police is facing £20m of cuts over the next three years, including an extra £2.7m this year.”
“However, due to the number of savings and efficiencies that must be made, the authority, who hold the purse strings, has obviously got to do more to ensure the force can work with what funding we have”
“We have already started this process because we knew six months ago that there were likely to be more cuts in the public sector.”
“RBS is selling the unit and its 318 branches after the European Commission ruled last year that it must dispose of the business as a condition of the bank being bailed out by the UK government.”
“Santander is understood to have offered considerably less than £2bn.”
“Under the agreement RBS reached with the European Commission on the disposal of certain of its businesses, RBS has another three and half years to complete the sale of the branches.”
“Santander said it was not sure when the tender process would end. Santander is understood to have offered considerably less than £2bn.”
“There is a pretty high probability that the board of RBS will conclude that Santander is not offering enough and will therefore withdraw the branches from sale, in the hope that market conditions for the auction of such assets improve in a…”
“Instead, it has introduced measures such as limits on bank lending. The Chinese government has been concerned about its economy overheating, with food and property prices in particular increasing rapidly. So far, the government has not rai…”
“The World Bank estimates that China's economy will grow by 9.5% this year and by 8.5% in 2011.”
“The work, which is part of a £22m station revamp, will provide Newport with a 'landmark to be proud of', according to Mike Gallop, principal programme sponsor at Network Rail.”
“The work, which is part of a £22m station revamp...”
“UK capital gains tax is currently set at a flat rate of 18%, but the coalition government has indicated that it wants to bring it more in line with the various income tax levels.”
“borrow £55m”
“the project's budget of £545m would be exceeded”
“by the end of 2012”
“we will be in to 2013”
“we are predicting we will eventually go above the £545m”
“Edinburgh City Council is drawing up plans to borrow £55m to help fund the capital's crisis-hit tram project”
“Gordon Mackenzie, Edinburgh's transport convener, said it was likely that the project's budget of £545m would be exceeded.”
“The tram company, Tie, is not yet asking for additional funds but contingency plans are being drawn up to allow Edinburgh City Council to borrow about £55m to pay for the cost over-run.”
“We have not used up the budget so far but we are predicting we will eventually go above the £545m.”
“Mr Gove has also said £50m has been set aside to cover start-up costs for free schools.”
“It works on behalf of the government and has been given a grant of £500,000.”
“This - an initial tranche - was the re-allocation of funds for 'harnessing technology'.”
“It also links groups to 'education providers', including charities and private companies, who would set up trusts to organise the day-day running of the schools. It has been given a grant of £500,000.”
“His estate, estimated to be worth $2 million (£1.4m)”
“HIE proposes to spend £25m on developing the site”
“The Scottish government is to put £1.8m into tackling slum housing in the south side of Glasgow.”
“A total of £1.5m will support the refurbishment and redesign of the backcourts of Govanhill tenement blocks.”
“The special enforcement squad, backed by £300,000 over two years and comprising police, fire officers and council staff, will also help root out rogue landlords exploiting tenants in the area.”
“They projected the budget could be trimmed by £900m over the next two years”
“The budget could be trimmed by £900m over the next two years”
“The economy is forecast to grow by 7% this year.”
“Vietnam raised minimum wages at foreign enterprises by up to 28% this year.”
“yet it only raised wages to the leve seen in neighbouring Cambodia.”
“Vietnamese factory workers earn just two thirds of what their comrades in China bring home.”
“Wages in China's coastal manufacturing areas, such as Ningpo, where his main factory is based, have risen between 15 and 20% this year.”
“He argues that he has been obliged to keep quiet because of the continuing investigation by the Financial Services Authority (FSA) into what happened to the £450m invested by nearly 30,000 of his customers. The authorities are looking into…”
“The FSA had been looking into Keydata since 2005, and since PricewaterhouseCoopers were appointed as administrators of the firm last year the Serious Fraud Office (SFO) has become involved.”
“They wrote to Keydata in 2007 formally commencing investigations”
“it dealt with 450 such problems in 2009.”
“Separately we also uncovered wider issues at the firm and acted quickly to protect investors - referring the tax issues to HMRC and potential missing funds to the Serious Fraud Office. As soon as it became clear that Keydata was going to b…”
“the BBC Global 30 index (the thirty biggest companies in the world)”
“with nine changes”
“40% supertax”
“$US19.5bn (£13.2bn) stake”
“$15.2bn rights issue”
“asset sales worth more than $10bn”
“US$5-6bn”
“US$11.5bn”
“one of the 20 biggest companies”
“split its B shares into 50”
“US$3.6 billion in net income”
“Chief Secretary to the Treasury Danny Alexander said its £23m contribution to the £200m Kent Thameside Strategic Transport plan was being put on hold.”
“A breakdown of the total funding for the transport programme includes £72m from the Department of Transport, £40m from Land Securities, £60m from private sector sources and the £23m which the treasury put on hold.”
“Of course there are economic challenges ahead, but in the Gateway we also have fantastic opportunities.”
“By any objective measure, investment in the London Thames Gateway is good for the UK economy, such is its strategic importance.”
“Pre-tax profits for the first half of this year are now on track to exceed the previous forecast of £140m by £20m.”
“Profits for the second half of the year are also expected to be "significantly ahead" of previous expectations.”
“The Americans, who bought the club in 2007, recently put it up for sale - with £351m of debt.”
“The government is dismantling the FSA and giving the Bank of England control of macro-prudential regulation and oversight of micro-prudential regulation.”
“The government says the transition to the new system will be completed by 2012.”
“Hector Sants, the current chief executive of the FSA, will oversee the transition and will then head the new prudential regulator.”
“Mr Osborne has also announced that an independent commission will look into the possible break-up of big banks.”
“It will take at least a year to review whether casino-style investment banks should be split from deposit-taking institutions on the High Street.”
“The Financial Policy Committee (FPC) will monitor the economy, looking at the macro-economic and financial issues that may threaten stability. It will address any risks it identifies by directing the new Prudential Regulation Authority to …”
“Mervyn King, the governor of the Bank of England, will chair the new committee. Mervyn King will chair both the FPC and the PRA”
“Hector Sants, the new deputy governor for prudential regulation, will be its chief executive.”
“The Consumer Protection and Markets Authority (CPMA) will take on the FSA's responsibility for consumer protection and conduct regulation.”
“The CPMA will also have responsibility for the Financial Services Compensation Scheme.”
“The new independent banking commission will be chaired by Sir John Vickers, a former member of the Bank of England's Monetary Policy Committee.”
“Breaking banks up here would quickly be felt by individuals and companies who would pay more for their mortgages and finance.”
“As there is no equivalent to the MPC interest rate target for financial stability, [the FPC] will need to exercise considerable judgement over when to intervene.”
“George Osborne says the tripartite system "failed spectacularly" in its mission of ensuring financial stability.”
“Financial Secretary Mark Hoban has said, "Never again can someone ask who's in charge and get no answer."”
“Financial Secretary Mark Hoban says the CPMA will have a "tougher, more proactive approach" to regulating conduct.”
“The plant in Silverbridge, which was capable of evading over £1m in tax has been dismantled.”
“The document by local government managers has revealed larger councils are facing debts of £120m and smaller councils deficits of £30m.”
“SeaFrance, P&O and Norfolkline claim £60m they provided to fund a second terminal at the port of Dover will have been wasted if the sell-off goes ahead.”
“The Port of Dover has been a trust port for 400 years, with all revenues going back into it.”
“Proposals for a new £25m visitor centre at Stonehenge are in doubt after funding is cut by the government.”
“£10m promised would not be forthcoming”
“£15m”
“£2bn”
“Senegal says it has spent about $2m (£1.35m) on it and communities are being encouraged to plant trees.”
