The City View: How to look after mental health in the age of remote work, with Octavius Black June 2, 2020 In this episode Christian is joined by Octavius Black, CEO of The Mind Gym, which uses psychology and behaviour science to improve the way people and businesses think, work and behave. Subscribe to The City View Podcast: Apple / Google / Spotify / RSS Octavius, who has worked with more than 60 per cent of FTSE 100 companies, says employee wellbeing and responsive, [...]
Taxation post COVID19 June 15, 2020 Following global lockdown the UK went into defensive and offensive mode with the furlough scheme, loans and other government support for almost every business and sole trader. But that has seen a reasonably strong economic outlook disappear almost entirely for some businesses in the short space of 3 months. In turn this has resulted in [...]
Coronavirus: UK tech sector ‘at risk’ as firms miss out on loans April 8, 2020 The thriving UK tech sector is under threat as firms are missing out on a £330bn coronavirus support plan, Deliveroo, Citymapper and more have warned. In a letter to chancellor Rishi Sunak, 12 of the UK’s most prominent tech chiefs today called for an urgent meeting with officials to find a way for tech firms [...]
UK debt office plans record bond sales to help struggling economy recover June 29, 2020 The UK will sell a record amount of government debt this year, testing the level of demand for gilts as Britain grapples with the economic fallout from the coronavirus pandemic. The UK’s Debt Management Office (DMO) this morning announced plans to sell a further £50bn of bonds by the end of August, bringing its issuance [...]
Councils criticised for slow rollout of coronavirus business grants package April 28, 2020 Business groups have criticised councils for the slow rollout of the government’s coronavirus grant scheme as new figures reveal that almost 40 per cent of all eligible businesses are still waiting for the emergency funding. Councils across the country were given £12.33bn by the government four weeks ago on 1 April to distribute to businesses [...]
Budget 2021: As it happened March 3, 2021 Live updates and links to all our coverage, reactions and analyses as the Chancellor of the Exchequer delivers the government’s Budget later today – at 12.30pm. Please also visit our dedicated Budget 2021 Hub. Wrap-up of the main Budget announcements Here’s a wrap-up of the main announcements made by the chancellor in his spring Budget: [...]
Culture shock May 20, 2021 Covid-19 has left the UK’s world-leading arts sector fighting for survival. As museums and theatres prepare to reopen, four expert CAs tell us how their work has been upended and what their recovery roadmaps look like. This article first appeared in ICAS’ CA magazine. All dramatists know the importance of a happy ending; the gratifying [...]
Small businesses could fail to pay back coronavirus loans, BoE governor warned June 7, 2020 The Bank of England governor Andrew Bailey has been warned that £36bn of emergency coronavirus loans to small businesses risk turning toxic. A report by industry body TheCityUK’s Recapitalisation Group that will be published tomorrow warns of “unsustainable” debts which could impede recovery. The report, chaired by Aviva chairman Sir Adrian Montague and supported by [...]
Bank of England: UK economy could suffer biggest crash in 300 years May 7, 2020 The UK economy is likely to shrink by an enormous 14 per cent in 2020 in its worst crash in 300 years amid the coronavirus pandemic before rebounding strongly in 2021, the Bank of England has said as it kept interest rates on hold at their current record-low levels. The Bank said it expected the [...]
Ocean Outdoor revenue drops as coronavirus hits advertising industry June 8, 2020 Digital advertising group Ocean Outdoor today reported a dip in revenue for the first quarter of 2020 as demand for advertising continues to nosedive amid the coronavirus crisis. The figures The billboard giant announced that group revenue sank four per cent to £27.4m in the first quarter of 2020 on a pro-forma basis, down from [...]