Prosperity in the UK
Beaufort Wealth Management Limited is a firm of Independent Financial Advisers based in Warwickshire. We provide Individuals and Businesses with a bespoke service, tailoring financial solutions to their needs and objectives. We understand that each individual is unique and every business has different goals and aspirations. We work with people with varying levels of wealth to plan their investments, protect their families, plan pre and post retirement and plan their inheritance.
Barclays Prosperity Map showed "In terms of overall prosperity, London and Reading (known as the “Silicon Valley of the UK”) both scored 0.77 to remain tied in top position, while Cambridge held firm in third position with 0.56. Meanwhile, Leeds (0.42) leapfrogged Bristol (0.40) to become the UK’s fourth most prosperous city.
The rest of the top ten was rounded out by Cardiff (0.38), Birmingham (also 0.38), Manchester (0.37), Liverpool (0.21) and Newcastle (0.20). Birmingham topped the rankings for the highest year-on-year increase in GDP, achieving 4.4% growth off the back of a booming business scene. In fact, the UK’s “second city” actually looks slightly stronger than London in this regard, with 1.81 businesses being started for every closure, against 1.78 in the capital.
Newcastle was another stand-out city, coming closely behind Birmingham in terms GDP growth over the year. It posted an increase of 4.2% along with a 6.3% increase in average earnings – the biggest boost recorded across the whole of the UK." View more