CA daily briefing: Thursday 7 May
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here with today's news.
The latest from ICAS
Since its inception twenty-five years ago, PCRT has played a significant role in raising the professional standards of tax agents. Charlotte Barbour outlines a new report on this topic.
Steven Wood provides advice and guidance for members receiving financial assistance due to the coronavirus crisis
ICAS Chief Executive J Bruce Cartwright CA has written to UK Government MP and Secretary of State for Scotland, Alister Jack, to outline concerns from ICAS members about plans to phase out the Coronavirus Job Retention Scheme (CJRS).
Today's top stories from around the web
- Bank of England warns of deepest recession on record (BBC News)
- BT scraps dividend as COVID-19 and full-fibre rollout hit profit (City AM)
- British insurer RSA sees 25 million pounds in coronavirus claims (Reuters)
- Coronavirus: Debenhams to axe five stores with loss of 1,000 jobs (Sky News)
- Coronavirus: Boom time for bikes as virus changes lifestyles (BBC News)
- Rolls-Royce furloughs over 4,000 staff in UK amid pandemic (Reuters)
- Chancellor tells unions there will be no cliff-edge end to furlough (The Guardian)
- Virgin Media and O2 join forces to take on BT (BBC News)
- Goldman Sachs in talks to buy Invesco holdings (City AM)
- Coronavirus: Uber axes 3,700 jobs as pandemic hits ride-hailing numbers (Sky News)
- COVID-19: Changes to personal savings (Accountancy Daily)
That's all for today. Check back tomorrow for your Friday briefing.