Grave impact of pandemic on English football laid bare by report but US investor appetite grows August 12, 2021 A report published by accountancy firm BDO has displayed the impact of the Covid-19 pandemic on English football clubs. The BDO report, which surveyed the finance directors from the top four leagues, found that more than 80 per cent of clubs accessed the furlough scheme, while 70 per cent deferred tax payments. The impact of [...]
UK GDP up 4.8 per cent in second quarter : CityAM August 12, 2021 The UK economy grew at a rate of 4.8 per cent in the second quarter, data from the ONS said today, as the bounce back from the coronavirus pandemic continues. As a result, GDP is now 4.4 per cent below where it was in the last quarter of 2019, before Covid-19 struck. Also Read: PwC [...]
Blackstone: As streaming services climb and climb, there is a race for space for film production August 12, 2021 Britain is known across the globe as a hub for the creative industries – and one of the best places to make film and television. It has a rich history, with productions from Harry Potter and James Bond, to Indiana Jones and Star Wars dazzling audiences across the world. It’s also an industry undergoing extraordinary [...]
Pandemic space race: Flats are back but prices are slow to catch up with detached homes August 12, 2021 The average price of a flat has climbed just one per cent since the start of the pandemic, while detached homes have jumped by 10 per cent, according to the latest data. The data, from property website Rightmove, suggests that Brits’ property choices have been permanently changed by the pandemic. When Covid-19 brought three national [...]
Low earners bear the brunt of job cuts in high pay packet areas August 12, 2021 Areas of the UK that house people on higher pay packets have registered some of the steepest falls in jobs during the Covid crisis, reveal brand new figures released today. Research from the Resolution Foundation shows Westminster in central London, the area of the UK with the highest average earnings, experienced a 3.6 per cent [...]
Big screen bonanza: Londoners set for film fest with free Trafalgar Square screenings August 12, 2021 Trafalgar Square will play host to a string of free film screenings later this month as part of a major campaign to bring people back into London and boost the UK film industry. Over the Bank Holiday weekend Londoners and visitors will be able to enjoy the red carpet experience with six free matinee and [...]
How accountancy can take the lead when it comes to inclusive workplaces August 12, 2021 This article first appeared in ICAS’ CA magazine. As CEO of Stemettes, Anne-Marie Imafidon is on a mission to ensure that careers in Stem are open and welcoming to all. She explains how accountancy can take the lead when it comes to inclusive workplaces Introduction: Laurence Eastham Anne-Marie Imafidon MBE has parlayed her beginnings as a [...]
PwC profit up 25 per cent to £1.2bn as private sector demand drove growth August 12, 2021 PwC has today reported that its total group profit for the financial year rose by 25 per cent to £1.2bn, as the firm saw renewed private sector demand drive growth for audit, deals and transformation services. The big four accountant also saw its gross revenue increase slightly by two per cent to £4.4bn for the [...]
Just 15 per cent of central London workers back in the office, says think tank August 12, 2021 Just 15 per cent of central London workers have returned to their place of work, according to new figures from the Centre for Cities think tank. The new figures for the last week of July showed that central London has the lowest amount of workers who have returned to the office out of any city [...]
Covid: Self-isolation to be scrapped for double-jabbed Brits August 11, 2021 People who are double vaccinated will no longer need to self isolate if they come into contact with a positive Covid case from next week, the government has confirmed. The changes, which also apply to children under the age of 18, will mark an end to the so-called pingdemic as fully-jabbed Brits will be able [...]