CA daily briefing: Wednesday 13 May

Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here with your morning news.
The latest from ICAS
Several government initiatives have been introduced to provide funding and other support to businesses impacted by COVID-19. Steven Wood and David Menzies look at business assistance restrictions.
Jan Garioch CA discusses recent VAT changes to provide some assistance in the current pandemic.
Today's top stories from around the web
- UK economy shrinks at fastest pace since financial crisis (BBC News)
- UK retail sales suffer record decline as online surge fails to offset impact of closed shops (City AM)
- No perfect way to begin easing of coronavirus lockdown, UK minister says (Reuters)
- Green energy firms on track to deliver multi-billion pound wind farms (The Guardian)
- Coronavirus: Prosecution threat for firms who fail to make premises 'COVID secure' (Sky News)
- Coronavirus: Self-employed grant scheme to open to applications (BBC News)
- Restaurants hit out at delivery platform fees during lockdown (City AM)
- Stocks fall on renewed virus fears, Powell speech in focus (Reuters)
- Tui warns of 8,000 job losses as it cuts costs (BBC News)
- HMRC says ‘missing data’ caused false SEISS checks (Accounting Web)
That's all for now. Check back tomorrow for your Thursday briefing.