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ALL THE LATEST NEWS, VIEWS AND STORIES FROM AROUND YOUR LOCAL AREA:FEBRUARY/MARCH


Celebrate with


Celebration Dining Sunday 11th March 2018


Lake View Restaurant


Four course lunch including a gift for Mum £26.95 per adult £14.95 per child. Plus free entry for ‘Mum’ on Mother’s day into the Lake District Wildlife Park


The Courtyard Bar & Brasserie Stylish and relaxed dining experience with a contemporary menu to suit all.


Afternoon Tea


Traditional Afternoon Tea in the Lounge £22.50 per person


Floral Workshop Sunday 11th March 2018


Create your own floral basket, tea cup arrangement and hand tie bouquet worth £90.00! Elaine Forrester of Forrester Flowers, has over 25 years experience in the floristry industry she now specializes in wedding floristry and works closely with the brides and venues in north Cumbria


1.00pm to 4.00pm workshop 4.00pm full afternoon tea £60.00 per person


Mother’s Day Spa Package £130 Monday to Friday


£150 Weekends and Bank Holidays


Full use of our luxurious spa facilities from 10am to 2pm, choose any Temple Spa 55 minute face or body treatment (excludes the Red Carpet Miracle Facial). End the perfect pampering day with an indulgent afternoon tea in the hotel's lake view lounge.


Bookings essential 017687 88900


ARMATHWAITEHALL HOTEL AND SPA





Bassenthwaite Lake, Keswick CA12 4RE BOOKING ESSENTIAL 017687 76551 www.armathwaite-hall.com


REAP THE BREXIT HARVEST!


At the time of the EU vote, I made one of the biggest calls of my financial life. I moved a six- figure sum out of UK-based companies and into ones with foreign currency earnings, leaving myself less exposed to the UK economy than at any time in my life.


My judgement was and is that the most likely Brexit scenario will be a slow decline of the United Kingdom relative to our main competitors. In measuring this, I am not interested in the hype or the politics, just raw data. The Brexit bus told us we’d have £350m extra per week for the NHS. Instead, by December 2017 the drop in UK GDP compared to the EU average since the vote worked out at just under £350m per week. The NHS £350m is one Brexit ‘dividend’ we will never cash.


I expected success from this non-UK strategy,


CONSIDERED WORDS BY OAKTREE


ACCOUNTANCY


in fact it has delivered the best year for my portfolio in its 22-year lifespan – up 34% in 2017 compared to the UK market rise of just 9%. Whilst our GDP, retail sales, new car sales and most other hard data continue to be poor, I will if anything put even more money into foreign investments and less in this country.


No doubt many Brexiteers will be snarling ‘Traitor’ whilst reading this. My key investment strategy is to run winners and ruthlessly cut losers and for the time being, our economy is


a loser economy. I want to be right at the front of the queue if this looks like changing, because on a pure valuation basis our major companies are miles cheaper than their peers in the USA, Japan or Germany.


In the unlikely event that Brexit looks like working, I will move a ton of money back to the UK at 100mph in order to benefit from this. Meantime, it stays firmly abroad. You might argue that this short-term Brexit economic pain is all worth it for the long-term gain. Fine, but another investment rule which has worked well over the years is that the short-term always gets to cast its vote before the long-term. In the long run, we are all dead. So, in 2018 reap the Brexit harvest by investing abroad!


Chris MacLeod BOOST YOUR BOTTOM LINE WITH A FIXED PRICE ACCOUNTANT


Proactive, quality accountancy support for your business First Two Months FREE with Oaktree!


Chris MacLeod ICPA WWW.THECOCKERMOUTHPOST.CO.UK


Call Chris for a free chat on 07889 181 080or 01900 268 086 www.oakacc.co.uk ISSUE 423 | 22 FEBRUARY 2018 | 7


3 Great ideas for Mother’s Day


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