Celebrating 20 years of HGH Wealth Management
Do you remember what you were doing in 1996?
- Mad Cow Disease (BSE) hit the UK
- The number of users on the Internet exceeded 10 million. In 2016 it is estimated to be in excess of 3,424 million! (Source: Internet live stats)
- Dolly the Sheep was the first ever mammal cloned
- Ebay started trading…and so did HGH Wealth Management!
We were listening to:
- The Spice Girls “Wannabee”
- Peter Andre “Mysterious Girl”
- The Prodigy “Firestarter”
We were watching:
- The X Files
- Friends
- Mission Impossible
- Independence Day
- The Nutty Professor
How things have changed…
In 1996 the average UK house price was £69,453. According to the Land Registry www.gov.uk the average UK house price in March 2016 was £189,901. An increase of over 173%!
20 years ago a gallon of petrol would have cost you a mere £2.70. In 2016 the same amount of unleaded petrol would cost you £4.92. An increase of over 82%.
The yearly inflation rate in 1996 was 2.4%. In 2016 it is currently 0.4%.
The Bank of England interest rate at the year end was 5.94%, compared to 0.5% today.
The FTSE 100 Average in 1996 was 3800, in 2016 the average to date is around 5800.
Win a Chinese Meal for Two
HGH Wealth Management was incorporated on 24th May 1996 and started trading on 12 June 1996. I know what you’re thinking – Nick and Susan don’t look that old?!
To celebrate 20 years of Making a Difference to North Yorkshire’s financial future, and as 20 years is traditionally a “China” anniversary we are running a competition to:
WIN A Meal for Two with Wine
at the: Happy Valley 70 Goodramgate, City Centre, York YO1 7LF
To be in with a chance of winning the Meal for Two simply answer the following question:
How many Gold Medals did Great Britain win at the Atlanta Summer Olympics in 1996?
The prize includes a set meal for 2 people and bottle of wine to the value of £50 total. To be redeemed by 31 December 2016. The draw will be made on Friday 17 June 2016. The winner will be notified by Wednesday 22 June 2016. For full terms and conditions please visit: Terms and Conditions for 20th Anniversary Competition.
