News



Ken Pattullo: Cash is king - protecting and understanding your cash during times of uncertainty

Ken Pattullo, regional managing partner at Begbies Traynor, discusses the importance of cash and how to protect it in times of uncertainty. 

Published 25 March 2020

CBI: Manufacturing output expectations fall amidst coronavirus outbreak

Manufacturing output expectations dropped to their weakest since the financial crisis, as the COVID-19 outbreak gained pace in the UK and Europe, according to the latest CBI monthly industrial trends survey conducted between 25 February and 13 March.

Published 25 March 2020

Nationwide to close branches and reduce opening hours

Nationwide has announced that it will be closing some branches and reducing its opening hours amid the coronavirus pandemic. 

Published 25 March 2020

Jennifer Skeoch: Coronavirus job retention scheme

Jennifer Skeoch, partner in the employment team at Burness Paull, details the new measures announced by the British Government to support employers and workers during the coronavirus pandemic.

Published 25 March 2020

UK cash usage halves after coronavirus measures come into force

Cash usage in the UK has halved in the last few days after coronavirus social distancing and 'lock down' measures were implemented this week, according to Link, the UK's biggest ATM operator.

Published 25 March 2020

Construction firms suspend dividends

Springfield Properties, Persimmon and Morgan Sindall have all revealed plans to suspend dividends to shareholders to preserve cash amid the COVID-19 outbreak.

Published 25 March 2020

Gender pay gap deadline suspended for a year

The enforcement of the gender pay gap reporting deadlines has been suspended for this year.

Published 25 March 2020

FRC launches consultation to adopt International Standard on Assurance Engagements

The Financial Reporting Council (FRC) has today launched a consultation on the proposed adoption in the UK of International Standard on Assurance Engagements (ISAE) 3000, Assurance Engagements Other Than Audits or Reviews of Historical Financial Information.

Published 25 March 2020

FRC highlights step change in use of technology to improve efficiency and quality of audits

The Financial Reporting Council (FRC) has highlighted the step change in the increased use of technology in the audit industry to improve the efficiency and quality of audits.

Published 25 March 2020

And finally... family at war

A lawyer has been left with a £350,000 bill after losing a legal battle with his sisters over the estate of their late father, an esteemed judge.

Published 25 March 2020

Banks increase loan charges amid coronavirus worries

Banks are increasing the cost of personal loans and overdrafts as millions of people plunge into financial difficulty because of the coronavirus pandemic.

Published 24 March 2020

Stagecoach bosses to take 50% pay cut to mitigate coronavirus impact

Perth-based bus company Stagecoach has increased its efforts to mitigate the impact of the coronavirus pandemic on their businesses with its directors giving up 50% of their pay for an unspecified period of time.

Published 24 March 2020

UK pensions hit by market decline

UK pensions have been hit by the economic problems stemming from the coronavirus outbreak, as around 7.5 million low and moderate earners in Britain have lost between 13% and 18% of their pension savings since the coronavirus crisis began.

Published 24 March 2020

PMI: Record slump in business activity amid coronavirus outbreak

IHS Markit/CIPS Flash UK PMI has signalled a record slump in business activity amid emergency public health measures to halt spread of coronavirus.

Published 24 March 2020

ASI: ESG engagement in private equity on the rise

A survey by Aberdeen Standard Investments (ASI) has found that ESG (Environmental, Social and Governance) engagement in private equity firms is increasing.

Published 24 March 2020