CA daily briefing: Thursday 02 July
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to get your day off to a good start with the latest news and updates.
The latest from ICAS
Philip McNeill looks at some recent VAT cases on missing trader fraud and asks if we, our businesses and our clients would pass muster, and what we should do now.
Today's top stories from around the web
- People urged to check tax credits after HMRC error (BBC News)
- Two-thirds of Brits think coronavirus bailouts should have strings attached (City AM)
- UK may need bigger safety net for jobless after lockdown - IMF (Reuters)
- UK retail landlords squeezed as stores hit by Covid-19 crisis (The Guardian)
- Ryanair pilots to take 20% pay cut after boss Michael O'Leary issues jobs ultimatum (The Independent)
- Tesla overtakes Toyota to become world's most valuable carmaker (BBC News)
- Government: Pest control firm’s £108m PPE contract issued ‘in error’ (City AM)
- World takes stock of COVID-19 drug remdesivir after US snaps up supplies (Reuters)
- FSB calls for urgent payment reforms (Accountancy Daily)
- Coronavirus: Primark orders £1bn in fashion stock after 'encouraging' re-opening (Sky News)
That's all for now. Check back tomorrow for your Friday briefing.