[citation needed] In 2004â05 the FSA was actively involved in crackdowns against financial advice firms who were involved in the selling of split-cap investment trusts and precipice bonds, with some success in restoring public confidence.
Ascot is a racecourse for horses in the town of Ascot in Berkshire, England. The most famous horse race that takes place there is undoubtedly Royal Ascot. Founded by Queen Anne, the inaugural Royal Ascot horse race took place on 11th August 1711.
Refer to this previous post for more details on the cravat. This is an ascot, a type of cravat: The ascot, like the tie and the bow tie, evolved from different forms of the cravat during the 19th century. The term âascotâ comes from the Royal Ascot horse race, where men would wear a looser cravat as part of their morning dress. Thatâs why the ascot is often called a day cravat, as A Suitable Wardrobe calls it. It is less formal; itâs tied under the collar. This is where it gets confusing: