The Week in Numbers – 28/05
0.1% – Fall in the Consumer Prices Index in the year to April compared with no change in the year to March
4,000 – Number of individual advisers Garry Heath aims to recruit for his new trade body, Libertatem, in the first 15 months
4 – Number of Labour MPs that remained on the Treasure select committee following the election. Some industry experts say Labour has lost much of its financial services expertise.
29% – Rise in the number of Annuity Complaints received by the Financial Ombudsman Service in the past year, from 601 to 776
Less than 1 in 10 – Proportion of Hargreaves Lansdown customers that have bought an annuity since 6th April
8th July – date set for Chancellor George Osborne’s second budget of the year
£227m – amount Deutsche Bank was fined by the FCA over Libor manipulation in April. A former trader has this week brought a case against the regulator claiming he was improperly identified in the FCA report
£10bn – amount the Government plans to cut business red tape by, as announced by Business Secretary Sajid Javid