The supply chain week in numbers

3 June 2016

2025

The year in which Elon Musk, the founder of Space X and Tesla, predicts people will start to colonise Mars, laying the foundation for a space-faring civilisation. The South African entrepreneur hopes to send his first mission to the Red Planet in 2018.

 

€155,000

The saving made on the Spanish royal household’s €7.7m budget in 2015. In a bid to restore the monarchy’s popularity, King Felipe has opened the royal accounts to external auditors. The 48-year-old monarch, who replaced his father Juan Carlos I, who abdicated in 2014, has also cut his salary by 20% to £174,000.

 

 5

The number of London model agencies that are being investigated by the Competition and Markets Authority for operating as a cartel to fix prices. The agencies concerned are: FM Models, Models One, Premier, Storm and Viva. The Association of Model Agents has been named as party to the infringement for acting as a “vehicle for price co-ordination.” If the watchdog finds the agencies guilty it can impose fines of up to 10% of turnover. Model One is the biggest agency in Europe, representing everyone from Twiggy to Yasmine Le Bon, while Storm, backed by Sir Richard Branson, has acted for Kate Moss.

 

51%

The percentage of profits new low cost, long haul airline POP (People Over Profit) has promised to donate to social causes in the UK and India. The company, which will fly non-stop from the UK to Amritsar and Ahmedabad, has just embarked on a crowd funding exercise to raise £5m.



90

The number of Chinese automotive brands, three times as many as America. Although vehicle sales have picked up after the government halved the sales tax on cars, analysts say the country’s automotive industry has too many brands and too much capacity.

 

£6.55

The average weekly pocket money for a British child, according to a survey by Halifax Building Society. Up 35p on the 2015 figure, pocket money has now reached its highest level for nine years. Intriguingly, the survey reveals that there is a gender gap even here: boys typically get £6.93 a week and girls £6.16.



£400,000,000

The turnover of Romanian supermarket chain Profi which has just been put up for sale by Polish investment fund Enterprise Investors. Acquired by the fund in 2009 for around £45m, Profi has expanded from 60 stores to 400 and has the widest coverage of any supermarket chain in Romania. 

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