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CA daily briefing: Wednesday 6 May

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By Hilde Oesterkloeft, ICAS

6 May 2020

Your essential briefing of the morning's top news stories.

Good morning, Hilde Oesterkloeft here with your morning briefing.

The latest from ICAS

Philip McNeill highlights recent updates and changes to the Self-Employed Income Support Scheme.

From crisis-hit SMEs to FTSE financial directors, discover how business leaders are finding the personal and professional resilience to survive and thrive in this strange new world.

The Joint Insolvency Committee (JIC) is consulting on changes to a number of Statements of Insolvency Practice (SIPs) including SIP 3.1 - Individual voluntary arrangements, SIP 3.2 - Company voluntary arrangements,  SIP 7 - Presentation of financial information in insolvency proceedings and SIP 9 - Payments to insolvency office holders and their associates.

Today's top stories from around the web

  • Coronavirus: Firms ready to restart within three weeks (BBC News)
  • Ocado retail sales surge 40 per cent in second quarter on stockpiling (City AM)
  • US, UK launch trade talks, pledge quick deal as virus ravages global economy (Reuters)
  • Coronavirus: Employment prospects bleak for the 'corona class of 2020' (Sky News)
  • Qatar Airways warns of 'substantial' job losses (BBC News)
  • Metro Bank posts rising deposits, lower first quarter lending (Reuters)
  • Rishi Sunak preparing to wind down coronavirus furlough scheme from July (The Guardian)
  • Disney suffers $1.4bn hit due to coronavirus (BBC News)
  • Norman Lamont: Britons not prepared for the economic hardship 'around the corner' (City AM)
  • Coronavirus: Oil prices rallies above $30 as lockdown ease worldwide (Sky News)
  • First Bounce Back Loans approved in four hours and paid in under seven hours (Accounting Web)

That's all for today. Check back tomorrow for your Thursday briefing.

2021-04-pofo 2021-04-pofo
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