Reporting Accounts - news and updates

In today's podcast we talk about Rolls Royce the leading UK aero engine manufacturer and engineering company, last year it raised funds via a rights issue and today it announced a short fall of a further £2billion as a result of the lockdown and rhe continuing impact of the pandemic.Rolls Royce is paid based on the number of hours its engines are in use, so clearly during this period of disruption its income has been significantly impacted.   The new variant of covid has also extended the period of

In today's podcast Adrian Lawrence our in house financial expert talks about Dyson the vacuum cleaner and innovation company.  They are making a claim against the EU for £200m of damages.  The claim is based on flawed tests which favoured convential vacuum cleaners instead of dyson's bagless versions, the test were based on empty bags which in a conventional vacuum takes more energy in the real world than in the test conditions.   Because Dyson's vacuum clearer are bagless they use a steady amount

In today's podcast our resident financial expert Adrian Lawrence talks about a the living pension, this is a new concept which follows the example of the real living wage but applies to pensions.  The UK has a two tier pension system, the state pension which is fixed and based on a fixed amount for every year worked up to 35 years, the second tier is known as auto enrolment and is contribution based system currently set at 8% of a band of earnings.  5% comes from the employee (4% and 1% tax relief)

During today's podcast Adrian Lawrence our in house financial expert talks about the latest news on Covid and that the UK mutant version is speculated to have a higher mortality rate as well as a higher infection rate.  Also the South African variation has been detected in the UK raising additional concerns as it appears to be resistant to the current versions of vaccines, the pharmaceutical companies behind the current versions are believing to already being working on a new variation that can cope

In today's podcast our resident financial professional Adrian Lawrence talks about the forthcoming floatation in the London stock market of Deliveroo, the company it is rumoured are preparing a £5billion April floatation.  Deliveroo is operated by Roofoods Ltd and is based in London.They recently appointed Lord Simon Wolfson as chief executive and joins Claudia Arney their chairman who joined from Ocado towards the end of last year.The company has seen huge expansion and covers 8000 towns and cities

In today's podcast Adrian Lawrence talks about an interesting news story this week. Pimlico Plumbers have announced that they will only employee new starters who have had a Covid Vaccine, and existing employees and subcontractors can only continue to work for them if they agree to have the vaccine.This raises a number of HR questions and points, someone with less than two years of service can be dismissed for more or less any reason, but an employee with more than two years service can object for

Reporting Accounts the leading UK Business Intelligence provider welcomes in 2021 albeit on the back of a very tough financial year that has seen UK companies really suffering from the Covid Pandemic.In this podcast Adrian Lawrence the CEO of Reporting Accounts, talks about last year and some of the new products that the company will be bringing to market in 2021.  In this short podcast Adrian talks about how the UK economy has been badly impacted by the pandemic.There are positive developments to