CA daily briefing: Wednesday 27 May
Your essential briefing of the morning's top news stories.
Good morning, Hilde Oesterkloeft here to give you your mid-week news and updates.
The latest from ICAS
On 28 March 2020, the UK Government announced plans to bring forward legislation to introduce new measures to aid restructuring of companies. As a result, the Corporate Insolvency and Governance Bill (“the Bill”) was laid in Parliament on 20 May 2020 and is likely to come into force as the Corporate Insolvency and Governance Act 2020 (CIGA 2020) next month, with MPs due to consider all stages of the Bill on 3 June 2020.
Today's top stories from around the web
- Coronavirus: 'Short-lived' rebound in house hunter demand (BBC News)
- British Land falls to £1.1bn loss as coronavirus pandemic hits rent payments (City AM)
- UK economy faces 5% budget deficit by 2024 - FT (Reuters)
- St James’s Place posts rise in net inflows despite COVID-19 hit (City AM)
- Tui share price leaps by more than 50% as Spain says it will welcome tourists from July (Sky News)
- Record drop in energy investment, warns IEA (BBC News)
- Asian shares defy global rally as Hong Kong unrest rattles investors (Reuters)
- Coronavirus: Lockdown increasing the gender wage gap as more women lose their jobs than men (Sky News)
That's all for now. Check back tomorrow for your Thursday briefing.