The Week in Numbers
7% – Fall in China’s CSI 300 index on Monday, triggering newly-introduced “Circuit-Breakers” that halted trading for the day
21% – Rise in mortgage approvals year-on-year in November, according to Bank of England Figures
13k – Number of new affordable homes the Government plans to build this year through directly commissioning “small and up-and-coming” building companies
£50k – Amount raised by two landlords seeking to fight Government plans to raise taxes on buy-to-let investments
105,153 – Signatures backing a campaign to ease the transition for women affected by increases in the women’s state pension age (figure correct at time of original writing)
£615m – Amount by which Government has undershot its tax avoidance revenue raising target, according to the Office for Budge Responsibility.
£4m – MAS marketing budget for 2016/17
£30.1m – Budget for “money guidance” in 2016/17, down from £34.1m in 2015/16
“I would be worried if we went back to the bad old days” – Independent pensions expert Alan Higham on the prospect of a return of commission-like charging structures.
Originally published in Money Marketing Magazine 7th January 2016