CA daily briefing: Tuesday 18 August

Your essential briefing of the morning's top news stories.
Good morning, Andrew Harbison here bringing you this morning's news and updates.
The latest from ICAS
In his latest article, Philip McNeill outlines the ICAS call for balance and empowerment in HMRC, agent, and taxpayer relationships.
Today's top stories from around the web
- M&S to cut 7,000 jobs over next three months (BBC News)
- JPMorgan appoints former Chancellor Sajid Javid to advisory role (City AM)
- Britain's grocery sales growth slows again, Nielsen says (Reuters)
- World’s biggest wealth fund lost $21bn in first half (Bloomberg)
- Diageo buys Ryan Reynolds' Aviation American Gin in deal worth up to $610m (The Guardian)
- Japan's economy shrinks at fastest pace on record, despite no coronavirus lockdown (The Independent)
- Huawei facing more US sanctions to stop access to chip technology (Sky News)
- Citibank sues for $176m payment made in error (BBC News)
- Tech fuelled 'everything's awesome' rally looks unstoppable (Reuters)
That's all for today. Check back tomorrow for your Wednesday briefing.