Put your content in front of 30,000 global key decision-makers in HR every single day at 7.30am when our audience reads their news.
Targeted education news and an audience of 35,000 principals, superintendents, and administrators. Our sponsors' content is front of mind before the school day starts.
Talk to 14,000 senior risk and compliance leaders exclusively in North America and Europe about your story and how you can help them.
Launched in Q3 2021, Accountancy Slice will be a ‘go-to’ daily read for CPAs and Finance Directors. Talk to us now about putting your story in front of them in 2022.
Legal Matters Scotland
Every weekday, you could share your content with 10,000 senior Scottish legal professionals. Only one sponsor per industry category so you are never treated like an ‘advert’.
Join our Community of Advertisers
Brian Chesky, the billionaire CEO and co-founder of Airbnb, has said he will permanently live in a rotation of properties listed by the home rental company. “Starting today, I’m living on Airbnb,” Brian Chesky tweeted on Tuesday. “I’ll be staying in a different town or city every couple of weeks.” The move is seen as furthering Airbnb's commitment to remote work arrangements that are a boost to the company's long-term rental business. “I think the pandemic has created the biggest change to travel since the advent of commercial flying,” he tweeted. Chesky predicted that this year will see people “spreading out to thousands of towns and cities, staying for weeks, months, or even entire seasons at a time . . . More people will start living abroad, others will travel for the entire summer, and some will even give up their leases and become digital nomads,” he tweeted. “Cities and countries will compete to attract these remote workers, and it will lead to a redistribution of where people travel and live.” Chesky said in an Airbnb earnings call last May that company employees won't need to return to the office until September 2022 or beyond and said in November that Airbnb's work policy will remain “flexible” permanently.Full Issue
Office for National Statistics (ONS) data show that the UK unemployment rate dropped from 4.5% to 4.1% between September and November. The figures reveal that unemployment fell by 184,000, with the number of people on the payroll climbing to 30 million. Analysis shows that the employment rate was estimated at 75.5%, lower than before the pandemic but higher than in the June to August period. Darren Morgan, director of economic statistics at the ONS, noted that the number of employees on payrolls is “now well above pre-pandemic levels.” He added that in the three months to November, the unemployment rate fell to near pre-pandemic levels while the number of people who had recently been made redundant declined to a record low. The ONS report also shows that the number of job vacancies in the three months to December rose to an all-time-high of 1.247m. While the rate of growth in vacancies has been slowing, there are now a record 4.1 openings for every 100 employee jobs. Meanwhile, weekly earnings, excluding bonuses, rose by 3.8% in the three months to November compared to the same period a year earlier. However, the figures revealed a slowdown in growth, with the rate falling short of the 4.3% recorded between August and October. While earnings rose, soaring rates of inflation mean workers suffered a real-terms cut in their pay packets. Inflation hitting a 10-year high of 5.1% in November effectively means workers have seen a 1.6% cut in pay. With pay rises being cancelled out by the cost of living for the first time in a year and a half, Martin Beck, chief economic advisor to the EY Item Club, described the situation as “an unwelcome development which is likely to worsen over the next few months.”Full Issue
Pandemic-related school closures, which caused an alarming rate of learning loss among the country’s most vulnerable students, have prompted some administrators, including in New York City and Connecticut, to reconsider the school calendar. An earlier start date, a later end date and numerous, elongated breaks throughout the year could allow more timely remediation for children in need, and enrichment for those who are not. Such thinking has received at least tacit support from U.S. Education Secretary Miguel Cardona. “Why do we go back to the same system that gives kids two months without engagement in the summer?” he asked in November. “We need to rethink that.” A a less-rigid calendar could allow for greater flexibility for COVID-related emergencies, letting districts more easily consider closing for a week or two to quell an outbreak, knowing they could make up the time later. Harris M. Cooper, Hugo L. Blomquist Distinguished Professor Emeritus of psychology and neuroscience at Duke University, said it’s too early to make predictions about whether more schools will switch to balanced or modified calendars. But the chaos of the last two years might make it more attractive to families that have already weathered major shifts in scheduling, he said.Full Issue
New York State attorney general Letitia James yesterday accused the Trump Organization of repeatedly misrepresenting the value of its assets to bolster its bottom line, saying in court papers that the company had engaged in “fraudulent or misleading” practices in order to get loans and tax benefits. The filing came in response to former President Donald Trump’s recent effort to block Ms. James from questioning him and two of his adult children under oath as part of a civil investigation of his business. Many of the financial statements to the IRS, lenders and insurers, Ms. James said, were “generally inflated as part of a pattern to suggest that Mr. Trump’s net worth was higher than it otherwise would have appeared.” Ms. James’s inquiry into Mr. Trump and the company is ongoing, and it is unclear whether her lawyers will ultimately file a lawsuit against them. A case could be hard to prove. Property valuations are often subjective, and Mr. Trump’s lawyers are likely to note that his lenders and insurers, sophisticated financial institutions that turned a profit off their relationship with the Trumps, did not rely on the company’s estimates.Full Issue
The Government has announced that cryptocurrency adverts will have to meet the same standards as other financial promotions. In an effort to help protect people from potentially misleading claims, crypto promotions will be brought into line with other financial advertising, such as that for stocks, shares, and insurance products. Under the plans, the promotion of cryptoassets will come under Financial Conduct Authority (FCA) rules. The changes will be brought in by amending the Financial Promotion Order. Chancellor Rishi Sunak said that while cryptoassets “can provide exciting new opportunities … it’s important that consumers are not being sold products with misleading claims.” He added: “We are ensuring consumers are protected, while also supporting innovation of the cryptoasset market.” Welcoming the plans, Laura Suter, head of personal finance at AJ Bell, said: “The Advertising Standards Agency has already been banning individual crypto adverts that it deems misleading or understating the risk involved in the market, but this new move by the Government will lead to a wholesale tightening of the rules governing adverts.” Ed Cooper, head of crypto at financial app Revolut, said: “Clear guidance in how companies describe their crypto offering will benefit consumers and help improve trust in the sector.”Full Issue
Legal Matters Scotland
Criminals targeted under 'dirty money' laws have held on to £11m. Money launderers, drug dealers and fraudsters still owe huge sums years after courts imposed confiscation orders on them. Scottish Courts and Tribunals Service (SCTS) figures released under Freedom of Information laws show there is £11,012,703 outstanding in confiscation orders imposed under the Proceeds of Crime Act. More than £4.6m is owed by ten people. Money recovered from criminal enterprises is invested in community projects across the country. As of last month, the largest amount outstanding was from a £1m confiscation order imposed on Edinburgh brothel boss Margaret Paterson in May 2015. Paterson, dubbed 'Madam Moneybags', died aged 66 in September 2019 having paid only £219,559. Prosecutors are trying to recover the money from her estate.Full Issue