December 2020

‘Wave of business insolvencies’ to hit Britain

Britain will be engulfed by a wave of insolvencies once government furlough schemes come to an end, business rescue specialists Begbies Traynor is warning. “There is very significant distress out there, there is a bow wave of problems,” Begbies Traynor chairman Ric Traynor told the London Evening Standard. He said that once Chancellor Rishi Sunak pulls back on support, wave

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PayPal approves bitcoin

PayPal has said it will allow bitcoin payments, a move that is being seen as a significant step towards the mainstream adoption of digital currencies. The announcement sent the price of bitcoin up 6%, to its highest level since the summer of 2019. PayPal explained that the pandemic has accelerated the migration towards digital currencies. Moving forward, customers can now

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New HMRC Charter published

HMRC has published its following a full public consultation. The Charter sets out the standards and behaviours taxpayers can expect from the Revenue, and what it expects from taxpayers. HMRC said: “The standards in the Charter explain how we will get things right, make it easy for our customers, be fair, responsive and aware of their personal situations. “Information on

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First Islamic Finance degree launched

Birmingham City University has launched the first accounting and Islamic Finance undergraduate course in the UK – a niche of the finance industry set to grow exponentially in coming years. The BSc (Hons) Accounting and Islamic Finance degree will see students study Islamic economics, while developing an understanding of corporate social responsibility in modules exploring how businesses are taking greater

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‘Cyber Aware’ campaign launched

The National Cyber Security Centre (NCSC) has launched a Cyber Aware campaign to help individuals and organisations protect themselves online. During the festive period last year, cyber criminals stole an average £775 from each victim, according to Action Fraud. Cyber security is even more important when so many will do their shopping online this Christmas. At the heart of the

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2021 Membership Renewals Explained

Currently, all members renew on 1st Jan each year and this creates a large administrative burden on the membership team so this year we have decided to change the renewal dates for each member with the intention that in future years the membership renewal process will be spread across the year and we will be able to service your requirements

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Keeping Data Safe with GDPR

Episode 17 of the IAB Podcast In this episode of the IAB Podcast, I’m speaking to Gerrard Fisher from Astrid Some of the questions I ask Gerrard are What is GDPR? What are the common mistakes small businesses make concerning GDPR? How to share data easily? What are some good and trusted resources to store data online? How often to

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How to raise your prices

Episode 16 of the IAB Podcast In this episode of the IAB Podcast I’m speaking to Tony Winyard from Healthy Profits and we are discussing what it takes to raise your prices, the barrier to taking action and why it’s essential to do this in order to gain more freedom in your business. Some of the questions I ask Tony

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