The most important event affecting the UK economy for the last four weeks has been the football World Cup, with England’s progression in the competition accounting for an estimated £1.6bn in sales for the beleaguered leisure and retail sectors. This figure includes spending on flat-screen TVs, barbecues and the consumption of food and drink during games. It is thought that […]
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Beaufort Financial, the national partnership of independent financial advisers, has established a presence in North Wales and Cheshire, Gaynor and Stephen Lyth, who established the Chartered Financial Planning Practice Alchemy Advisory Services in 2004, have now joined the Beaufort Group. With offices in both locations, they will re-brand the business Beaufort Financial (St Asaph & Chester).
As part of the deal, […]
Trade war rhetoric between the US and China continued to gain momentum last week with a noticeable shift in the Yuan; the currency moved by over 1.1% in a 24-hour period against the US dollar causing the Peoples Bank of China (PBoC) to release a statement. PBoC’s Head of Financial Research was quick to defend the currencies movement stating that […]
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 […]
One of China’s major indices, the Shanghai Composite, experienced a sell-off last week, bordering in correction territory as the relationship between the US and China continues to be strained. China’s central bank, The People’s Bank of China, has increased liquidity not only for fears of a trade war, but as the economic outlook in China weakens. Added to this, is […]
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