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Week in numbers

£80bn – The amount of loans the Bank of England needs to provide to banks under its funding for lending scheme for a 5% rise in lending.

£41m – The sum for which Premier Foods has sold classic brands Sarsons vinegar and Haywards pickles to Japanese firm, Mizkan.

£1m – The weekly revenue of insurance adviser Lifesearch in the last week of May, the first time the firm had broken through the £1m barrier.

7% – The average drop in private incomes during 2010/11 because of high unemployment, according to Institute of Fiscal Studies research.

29m – The number of cigarette butts thrown from car windows every year, according to Green Flag.

0.2% – The percentage increase in unemployment in the eurozone area in Q1 2012 as it remained stable in the European Union, according to the European Commission.

14% – The percentage increase in cash withdrawals from Sainsbury’s ATM network on the day of an England international football match.

44% – The percentage of farmers with no formal succession plans in place for when they retire, which is putting the industry at risk, according to Barclays.


60 seconds with – Miguel Sard, managing director, Cater Allen & Abbey for Intermediaries

You are now managing director of both Abbey for Intermediaries and private bank Cater Allen. What plans does Cater Allen have to work with brokers? It is a specialised bank dedicated to working with intermediaries, with a long financial history dating back to 1816. As an intermediary brand in the cash management market, it offers […]

Bridgingwatch – Danny Waters – June 2012

Probably the biggest story of the past week or so has been Dragonfly Property Finance getting regulatory approval from the Financial Services Authority, which opens up a whole new channel for the lender and puts it in an elite group of short-term finance providers that are FSA-regulated.


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