Thursday 2nd November is a historic date: the Bank of England raised its key interest rate from 0.25% to 0.5%. This is the first time for ten years that the Bank has raised interest rates. Its last move was to cut the rate from 0.5% to 0.25% after the referendum vote to leave the EU in June 2016. The move had been widely anticipated by financial markets. The US Federal […]
With Donald Trump in the White House, it’s unlikely that a week will pass without generating some new anxiety for investors. On top of the fears of armed conflict (even nuclear war) with North Korea, we have the possibility of a US trade war with China, and a potential close-down of the US government if Congress refuses to approve the Mexico border wall. By next week there may be more […]
A massive thank you to everyone who has sponsored us so far for the Rainbow Run, we have currently raised an amazing £2,911.25 for the Children’s Hospice South West. On the 17th June we sponsored the pink paint station at the Rainbow Run on the Downs in Bristol. A number of us were throwing paint at the 1,900 runners, while the rest of us ran the 5km course joined […]
Mrs May’s decision to call a snap election in the expectation of returning with a big Conservative majority failed in spectacular fashion. With no overall majority, the Tories now need the support of Northern Ireland’s DUP to command a majority in the House of Commons. The weakness of Mrs May’s new government is probably the reason why the financial markets have been fairly calm. The sterling exchange rate fell […]
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