Global economy & markets

Geopolitical tensions greater threat to China businesses than COVID-19

Recovery is well underway, but finance leaders say uncertainty in China’s relations with other countries may dampen investments and business growth.

OECD still aims for global tax agreement this year

Officials warn that failure to reach international agreement on the taxation of the digitalised economy could trigger trade disputes.

Rebuilding the global economy

Andrew Harding, FCMA, CGMA, chief executive–Management Accounting at the Association of International Certified Professional Accountants, says members have risen to the global challenge, backed by a strong and now larger organisation.

7 sectors boosted by the coronavirus

These businesses are seeing short-term booms and could continue to grow well into the future.

Circular economy

Limited natural resources, strained by population growth, are forcing organisations to rethink the “take-make-dispose” linear business model.

COVID-19: What are the key issues for UK startups today?

As a result of the coronavirus, UK startups face challenges — and opportunities — around funding, R&D tax relief, scenario planning, and more.

Video: Chinese airlines bet on ‘all you can fly’ deals

Eight carriers are offering the special promotions in a bid to tempt travellers back into the air.

China’s economy seeing mixed recovery

The world’s first country to undergo lockdown due to the pandemic is seeing some recovery driven by industrial output, but consumer demand remains weak.

CIMA engages with UK Chancellor’s crisis recovery work

Andrew Harding, FCMA, CGMA, the Association’s chief executive–Management Accounting, sets out UK recovery advocacy efforts on behalf of members.

Global CFO survey highlights strategies to rebuild revenue streams

The latest in a recurring PwC survey showed a shift in CFOs’ focus from managing workforce poductivity losses in earlier months of the pandemic to ways to move forward and thrive.

Steps to prepare for UK Global Tariff’s 2021 implementation

Businesses need to prepare now for the introduction of the UK Global Tariff.

Chancellor lays out plan to revive crisis-hit UK economy

UK Chancellor Rishi Sunak set out a package of measures on jobs, skills, and infrastructure investment to kick-start the country’s economy.

Video: Euro zone faces deeper recession, slower recovery

The European Commission says the euro zone faces a deeper recession and then a slower recovery than it previously forecast.

CIMA makes economic recovery suggestions to UK government

A 20-point plan offers ways for the UK to secure business and consumer confidence, reduce uncertainty, create a sustainable recovery, and more.

Video: Euro-zone downturn eased in June – PMI

The historic downturn in the euro-zone economy eased again this month as swathes of businesses forced to close reopened, a survey showed.

Awaiting relief, South African companies find new income

While waiting for the government’s COVID-19 relief loans to materialise, SMEs turn to new tactics and find local support.

Video: A win for London as Unilever opts for UK base

Unilever will be fully based in the UK after nearly 100 years as a joint Anglo-Dutch operation if the change gains shareholder approval.

The priorities for UK CFOs as businesses reopen

Continued social-distancing restrictions mean UK businesses face a changed environment — leading to new concerns for finance leaders.

Lessons from a startup’s pivoting exercise

How a Singapore-based startup made the quick decision to pivot and evaluate new partnerships when business dried up.

In focus: How the pandemic infected the economy

The novel coronavirus began as a health threat, but it didn’t stay just a problem for doctors, nurses, and patients. Efforts to stem the virus’s spread have led to a downturn that has affected economies around the world.

Global economy & markets

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