Virtual law firm FisherBroyles: 2020 has been ‘the best year on record’ November 12, 2020 International virtual law firm FisherBroyles has been unwittingly preparing for the coronavirus pandemic for nearly 20 years. Founded in 2002 following the burst of the dot-com bubble, FisherBroyles is a full-service international law firm that operates – and indeed has always operated – virtually. Where the Covid-19 pandemic left many business leaders scratching their heads [...]
Some 19,000 jobs for 16-24s created under government Kickstart Scheme November 12, 2020 More than 19,000 placements for unemployed young people have been created under the government’s £2 billion Kickstart Scheme so far. The Kickstart Scheme began last week and, according to HMRC, is expected to produce “tens of thousands” more placements in the coming months. The scheme provides funding to create new job placements for 16 to [...]
Cain unable to carry on: Downing St director of comms resigns November 11, 2020 Lee Cain has resigned from his Downing Street role as director of communications under Boris Johnson. Boris Johnson’s official spokesperson James Slack will replace him, according to the BBC. A statement from Cain said: “After careful consideration I have this evening resigned as No.10 director of communications and will leave the post at the end [...]
Homebase up for sale following major structural overhaul November 11, 2020 DIY chain Homebase is up for sale again following two and a half years of major structural overhaul by its most recent buyers. It is understood the sales process will start in the coming days, with initial details set to be sent to prospective buyers – including other retailers and private equity, The Telegraph reported [...]
Pandemic leads UK consumers to cut carbon emissions in 2020 November 11, 2020 Carbon emissions from six key consumer spending categories were 12% lower at the end of October than they were the year before, according to analysis from Lloyds Banking Group and the Carbon Trust. Despite the overall fall the analysis found emissions rose 26% between the second and third quarter of the year as spending increased [...]
Biden dubs Trump’s refusal to concede the election ‘an embarrassment’ November 10, 2020 President-elect Joe Biden has described Donald Trump’s refusal to concede the 2020 presidential election as an “embarrassment”. Speaking at an event in Delaware this evening, Biden said nothing is going to stop the US transfer of power after his election victory. Joe Biden secured some 75 million votes in the race for the presidency – [...]
Andy Haldane: Gap between poor and rich to be ‘stretched’ in wake of pandemic November 10, 2020 The Covid-19 crisis will likely “stretch” the income gap between the rich and poor, according to Bank of England chief economist Andy Haldane. Speaking in a Channel 4 interview, Haldane, who is a member of the Bank’s Monetary Policy Committee and chair of the government’s Industrial Strategy Council, said the pandemic would likely lead to [...]
Deloitte warns of heightened going concern risks as pandemic rumbles on November 10, 2020 Big four audit giant Deloitte has warned there is likely to be more reporting of uncertainties relating to going concern as unpredictability surrounding the pandemic continues. Deloitte audit partner Ann Aspinall told City A.M. that as uncertainties around the pandemic continue and as the economic environment becomes more challenging, “there is likely to be an [...]
Addison Lee launches click and collect delivery service November 10, 2020 Online taxi service and courier Addison Lee has launched a new delivery service that will enable customers to use drivers as their own click and collect collectors. Al REQUEST is a new click and collect feature that has been added to its existing courier service. It will allow users to get access to everyday items [...]
FRC: Auditors must challenge management view of firm implications of climate change November 10, 2020 Audit watchdog the Financial Reporting Council (FRC) has said auditors should test and challenge board and management’s assessment of the implications of climate change outlined in financial statements. Following a major review of how companies and auditors report on the impact of climate change, the FRC determined that boards and companies, auditors, professional associations, regulators [...]
