Global markets have fallen over the last two weeks and given back much of the gains achieved this year. In the UK, both the FTSE 100 and 250 indices officially corrected by dropping more than 10% since their 52-week highs in May and June, respectively, falling in almost every trading session so far in October. The FTSE has now fallen […]
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October is traditionally the scariest month of the year, as evenings start to get darker and days colder, our thoughts turn to the winter that is inevitably coming. The same can be said for the stock markets, as October has been historically one of the most volatile months of the year. The theory suggests that after a lull during the […]
In the UK, consumer confidence fell due to fears of a Brexit ‘no deal’ and the outlook for personal finances weakened which could indicate a slowdown in consumer spending in the lead up to the Brexit deadline, now only six months away. If the UK and EU were unable to reach a withdrawal agreement, there would be no 21-month transition […]
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, […]
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