A new study led by the University of Cambridge suggests that many economies will see credit rating downgrades within a decade, increasing the cost of sovereign and corporate debt.
The EU’s new Sustainable Finance Disclosure Regulation is to require providers to disclose the sustainability of their financial services or products.
The Bank of England has warned firms to complete the switch away from the LIBOR, or London Interbank Offered Rate used in contracts, by the end of 2021.
Sentiment has risen for three consecutive quarters in a quarterly survey of CPA executives in business and industry. Revenue and profit are projected to increase in the next year.
The UK’s chancellor of the exchequer set out measures that included extending the government’s furlough scheme until the end of September, changes to corporation tax, and more.
A £10 million investment will link UK institutions to provide intelligence and research to help create products and services to combat climate change.
Fewer people are travelling home for the country’s largest annual holiday. Workers who continue working will help ease the export backlog, but the global supply chain disruption is expected to persist.
