CA daily briefing: Monday 06 July

Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to get your week off to a good start with the latest news and updates.
The latest from ICAS
As the UK regulatory body for the accounting, auditing and actuarial sectors, the issue of climate change is high on the Financial Reporting Council’s (FRC) agenda. FRC Financial Reporting Lab's Hannah Armitage reports.
Today's top stories from around the web
- Coronavirus: Arts venues welcome £1.57bn government support (BBC News)
- Asian markets jump as Chinese blue chips hit five-year high (City AM)
- Treasury pledges funding to triple number of UK traineeships (Reuters)
- UK banks prepare code of conduct on defaulting of Covid-19 business loans (The Guardian)
- UK set to phase out Huawei from 5G network in major U-turn (Sky News)
- Virus crisis expected to 'level down' UK economy (BBC News)
- Lloyds chief executive Antonio Horta-Osorio to step down next year (City AM)
- Banks urge Britain and EU to sort out financial market access (Reuters)
- COVID-19: support extended for motor finance and high cost credit customers (Accountancy Daily)
That's all for today. Check back tomorrow for your Tuesday briefing.