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Global economy & markets
The cryptocurrency’s value jumped after Tesla invested $1.5 billion and said it will accept bitcoin for vehicle purchases in the future.
Repayment of government-backed SME Bounce Back Loans could be delayed until 18 months after they were taken out under new flexibility rules.
The US retail giant’s people investment in the UK comes as 200,000 retail jobs are expected to be cut this year, following 177,000 job losses in 2020.
Management accountants and finance teams have tactical — and strategic — opportunities to advise the business as a result of the Brexit agreement.
The prospects of reforming international corporate taxation have increased, but the road ahead is uncertain, as was evident at the 11th meeting of the OECD/G20 inclusive framework on 27 and 28 January.
Ford Motor Company will use Google software, AI, and cloud computing to develop new consumer services and modernise internal operations.
Business travel spending is set to rise to $842 billion this year but isn’t expected to approach pre-pandemic levels until 2024.
The World Economic Forum’s 2021 global risks report highlights short- to long-term threats. Finance teams have an opportunity to lead the charge in managing emerging risks.
Britain saw the biggest rise in vacant shops in over two decades late last year and the sharpest increase in empty offices since the financial crisis.
Finance leaders and an economist shed light on China’s recent data release and what they’re expecting to see the rest of this year.
The accord provides some certainty following the end of the post-Brexit transition period, but many challenges still loom for businesses.
The UK’s Supreme Court dismissed insurers’ appeals in the test case brought by the Financial Conduct Authority on behalf of policyholders.
A return to positive cash flow for airlines “might not arrive before the end of the year”, global airline industry body IATA warned.
Finance leaders have a key role in the move towards climate-friendly economies.
The central bank said the UK’s supervisory approach to international banks ‘remains stable and consistent’ following Brexit.
Manufacturers across Europe ended 2020 on a high while Asian factory activity expanded moderately thanks to robust demand in China, surveys showed.
German retail spending is forecast to have risen 4% in 2020, with consumers defying lockdowns to drive a huge rise in online spending.
The UK government announces one-off grants for retail, hospitality, and leisure businesses.
UK regulator the Financial Conduct Authority issued guidance for financial services firms as the long-negotiated post-Brexit deal was agreed.
The UK reached a last-minute agreement with the European Union on Thursday, just days before exiting from the trading bloc.
