Goodwill hunting: accountants in the spotlight March 26, 2020 | City Talk Goodwill in accounting – an intangible asset that is recorded when a buyer acquires a business – has risen up the political agenda on both sides of the Atlantic. In the UK we have seen pressure applied to the London-headquartered International Accounting Standards Board (IASB) in the wake of high-profile failures such as Carillion, the [...]
UK coronavirus: Death toll reaches 465 March 25, 2020 The coronavirus death toll in the UK has reached 465 after a further 28 people in England died after contracting the virus. In total, 414 people in England have died from Covid-19, while 22 have died in Scotland and Wales and seven died in Northern Ireland, the Guardian reported. Today’s overall UK increase of 43 [...]
Self-employed bailout: What a freelancer coronavirus package could contain March 25, 2020 Rishi Sunak will tomorrow announce an economic relief package to assist Britain’s five million self-employed workers during the coronavirus outbreak. The package comes come a week after Sunak announced a raft of measures to help businesses and workers suffering from the fallout from Covid-19. Included among the measures was a guarantee to pay 80 per [...]
Coronavirus: Government recruits 405,000 volunteer army March 25, 2020 More than 400,000 people have registered to join the government’s volunteer army in a bid to support frontline services grapple with the coronavirus pandemic. Health secretary Matt Hancock yesterday announced that Downing Street was looking for 250,000 fit and healthy people sign up to join the new NHS Volunteer scheme. This afternoon Prime Minister Boris [...]
Storage space issues could force oil prices down to $10 March 25, 2020 Oil prices could hit $10 per barrel as storage facilities across the world run out of space amid a coronavirus-inspired price war, it is reported. Worldwide oil storage has reached three quarters of capacity, it was reported today, after Saudi Arabia flooded the market with cheap oil to hurt its rival, Russia. Canada, a key [...]
PM warns Mike Ashley – obey the rules or face the consequences March 25, 2020 Prime Minister Boris Johnson has warned Sports Direct boss Mike Ashley to “obey the rules or to expect the consequences”, after the retailing heavyweight insisted staff must continue working during the coronavirus outbreak. During a bumper PMQs, Johnson was repeatedly asked about the situation facing workers, particularly self-employed, who currently have no additional support beyond [...]
Coronavirus: Parliament to shut down for four weeks March 25, 2020 Parliament will be suspended from tonight for at least four weeks in response to the government’s new coronavirus measures. The House of Commons is set to pass an emergency bill today that will bring forward the beginning of Easter recess by one week. It comes after some MPs were reportedly concerned that it was a [...]
Prince Charles tests positive for coronavirus March 25, 2020 Prince Charles has tested positive for coronavirus, but “remains in good health”. Clarence House released a statement this morning confirming the 71-year-old had tested positive for Covid-19. The Prince of Wales only has mild symptoms and the Duchess of Cornwall was tested, but does not have coronavirus. The statement read: “The Prince of Wales has [...]
Researchers launch Covid-19 symptom tracker in the UK March 25, 2020 A symptom tracker app that has been designed to identify the spread of coronavirus has been launched in the UK. The Covid Symptom Tracker asks users to fill in data including age, sex and postcode as well as questions on existing medical conditions. The app is a collaboration between researchers at King’s College London, health [...]
IFISAs: Invest in British entrepreneurs and maximise your tax-free ISA March 25, 2020 | Sponsored Innovative Finance ISAs offer an exciting alternative investment channel, helping you diversify your portfolio and maximising your £20,000 tax-free ISA allowance — all while supporting high performing British entrepreneurs. Finding the right businesses for your portfolio without skimping on the details you need to make an informed investment decision has always been a challenge. Crowd2Fund [...]