Over the hottest weekend of the year, when the BBC reported “Scotland breaks temperature record” a team of ten people from the Beaufort Group of Companies, and four friends and family members attempted to complete the National Three Peaks Challenge in 24 hours, all in aid of the charity Dreams Come True. The challenge involves climbing the highest peaks in […]
UK inflation surprised to the upside hitting a 6-month high of 2.7% in August, exceeding economist expectations of 2.4%. Sterling rose on the back of this data, which was driven by an increase in prices for recreational goods, transport and clothing. This unexpected spike narrows the gap between inflation and wage growth; data for the 3-months to July showed wages, […]
The pivotal point of the Global Financial Crisis was arguably the collapse of Lehman Brothers, which triggered the final throes of the financial state of emergency and with it, the nadir just six months later. This historic clash for the industry passed its 10th anniversary this weekend and while many lessons have been learned from the mistakes of the past, […]
We are almost three quarters of the way through 2018 and last week was characterised by new highs, new lows and some level of certainty.
Amazon were the second company in US history to break through the $1 trillion market cap last week following in the footsteps of Apple a couple of weeks prior. Despite Amazon closing just below the $1 […]
As the Turkish lira has struggled in recent weeks, another emerging economy’s currency has been suffering; the Argentine peso. The peso has lost almost half of its value since the start of the year, with a single day drop of 12% last week. In an effort to stabilise their economy, the central bank in Argentina raised interest rates by 15% […]
The yield curve is a line that plots the yields of a series of bonds having equal credit quality but different maturity dates. Normally, we would expect the line to rise over time as investors expect higher yields to compensate for the risk in being invested for longer. However, a fall in the long-dated Treasury yields last week flattened the […]
Beaufort Financial, the national partnership of independent financial advisers, has opened an office at Stanton on the Wolds, Nottinghamshire. It will be headed up by Gurmit Nahal, who has some 15 years’ experience in the financial services sector. Gurmit joins from the Nottingham office of accountancy firm Mazars, where she spent three years as a financial planner. There are plans to grow […]
Beaufort Financial, the national partnership of independent financial advisers, part of the Beaufort Group, has a new presence in Worcestershire. Robert Burns, who has 30 years experience working in a financial environment including 14 years based in Spain, has joined the partnership and set up a new firm, Beaufort Financial (Worcester).
Commenting on the establishment of the new firm, Robert Burns […]
The Tesla Coil is a transformer designed by Nikola Tesla in 1891 to produce high voltage, low current electricity. In high voltage news, Tesla has been subpoenaed by the US regulator, the Securities and Exchange Commission (SEC) over one of Elon Musk’s recent tweets. The tweet outlined his potential plan to take Tesla private, so the SEC are now investigating […]
A war with no winners; only varying degrees of losers. That is how the media is describing the trade war being waged by President Trump, under the guise of national security. It is rather ironic then, that Canada recorded one of its best months for foreign trade in the same month that Donald applied steel and aluminium tariffs. The Canadian […]