CA daily briefing: Thursday 21 May

Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to give you the latest news and updates.
The latest from ICAS
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The Future Fund - announced by the Chancellor of the Exchequer on 20 April - opened for applications from Wednesday 20 May.
The result of eight research projects into Making Tax Digital were published by HMRC in mid-March. Philip McNeill discusses the HMRC commissioned research and asks what lessons can be learnt for future developments.
Today's top stories from around the web
- Coronavirus: Benefit claims fraud could be £1.5bn (BBC News)
- Investec takes £105m hit to profit as coronavirus affects trading income (City AM)
- Britons spurned by banks caught in a coronavirus credit crunch (Reuters)
- Coronavirus: 'Foolish' to rule out negative rates says BoE governor (Sky News)
- Top 1% of British earners get 17% of nation's income (The Guardian)
- Aviva first quarter sales rise, estimates $195 million COVID-19 claims (Reuters)
- US Senate passes bill that could delist some Chinese firms (BBC News)
- Tech-savvy businesses will define the new normal (City AM)
- Coronavirus: New insolvency law to help businesses survive in face of 'aggressive debt recovery' during pandemic (The Independent)
That's all for now. Check back tomorrow for your Friday briefing.