Global Market Commentary – August
August began with a “flash crash” in Japanese stocks which declined 20% in the course of three trading days, following sharp movements in foreign exchange rates.
Established in 1918, Greaves West & Ayre has been advising and supporting clients for over 100 years. We've grown considerably over that time and now have 12 partners and over 120 employees. Our offices are located in Northumberland and East Lothian and we work with clients throughout the UK and overseas.
Our reputation has been founded on traditional professional values, matched with a passion to meet the changing needs of our clients. And, of course, providing first class Quality Advice and Quality Service every time.
Although accountancy and tax compliance services are our core strength, we take a holistic approach to meeting our clients’ needs. Working with us allows you access to our Independent Financial Advisers, our Probate team and our dedicated I.T. Services team. We’re accountants and so much more.
Our Vision
“Quality Advice-Quality Service”
These words lie at the heart of what we wish to offer as a firm and are what we stand for. Our partners and employees share a sense of pride in providing Quality Advice and Quality Service to our clients.
Greaves West & Ayre
01
To provide proactive advice in the way our clients want, when they want it.
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To provide a range of services at competitive prices.
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To provide secure employment in a modern working environment.
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To build and maintain long client relationships based on trust, independence and meeting our clients’ needs.
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To invest in ongoing training for our partners and employees to ensure we deliver “Quality Advice-Quality Service”.
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To stay informed of technological changes to ensure we meet client needs as the world we operate in changes.
August began with a “flash crash” in Japanese stocks which declined 20% in the course of three trading days, following sharp movements in foreign exchange rates.
On 1 April 2024, criminal penalties for non-compliance with duties under the Register of Persons Holding a Controlled Interest in Land (“RCI”) came into force. We asked one of our professional colleagues, Louise Johnston, a Partner at leading law firm Turcan Connell, to outline the implications.
It is now more than 12 months since the launch of the MGTS Qualis Funds and in terms of both performance and asset growth, they have been a success.
From 6 April 2024, there have been several amendments to the Construction Industry Scheme (CIS) rules.