How are Your Finances Now? A decade has passed since we saw one of the biggest financial downturns in recent history. But it started long before that market collapse. Banks were handing out subprime housing loans to people who weren’t financially secure enough to have a loan of that magnitude. The result was a cascading…
While Brexit has impacted the British economy and financial markets in numerous ways, most economists have chartered it through the fluctuating value of the pound. After months of sustained devaluation and ever-decreasing trading ranges, the currency is set for further decline and poised to fall lower against both the U.S. Dollar (USD) and the Euro…
Budgets almost never please everyone, but there are usually a few demographics that are happier than others. After changes made to IR35 legislation, for example, contractor accountants employed by the public sector would certainly have been happy with the likelihood of extra opportunities. The Chancellor may also have received a few kind words from small…
While they may work behind the scenes most of the time, there’s no denying the important role of corporate finance and mergers and acquisitions advisors such as Guillaume Jalenques de Labeau and the team at Mansartis. With so many mergers and acquisitions happening every year, there is always great potential for failure, but with the…
Before currency, people exchanged what they had for what they needed. Nowadays, cash is king. Specialization on a large scale is great for the economy. Specialization occurs because of advantages. An absolute advantage is an ability to produce a good or service with less inputs/costs than a competitor. Absolute advantages do not drive specialization though….
The Bank of England has been criticized for its complacency regarding forex rate fixing. Members of Parliament have raised concerns that the bank failed to promptly look into allegations that market transactions were being rigged as far back as 2006. According to a report published in the Financial Times, the Treasury Select Committee has spoken…
We have all heard of the oil boom in North Dakota. For the past few years, oil specialists have been utilizing a relatively new method of extracting oil from underground called fracking (which is short for hydraulic fracturing). Until recently there was no way to get at these vast quantities of oil deep beneath the…