Two million eligible workers out of job in Britain for six months
The Covid-19 impact has continued to be immense with about two million British residents out of work. This has put more pressure on the government to roll out more bailouts. More British citizens out of job in six months It is reported that about two million British residents are jobless for at least six months due to the economic problems brought by the COVID-19 pandemic. Those affected are unemployed citizens or furloughed. A group called the Foundation to think–tank has told those organizing the furlough scheme to do more after the restrictions have been lifted. The UK government through its treasury said the government will put more funds into creating employment opportunities and protect jobs. It is estimated that about 800,000 people have been classified out of jobs since...
Novak Djokovic has won his 9th Australian open
Serb Novak Djokovic has won another laurel beating Russia’s Medvedev in straight sets at Melbourne. The number one seed says his time at the court is far from over. Djokovic triumph over Medvedev in Melbourne Tennis champion Novak Djokovic has registered himself as one of the top tennis players in the world after defeating Daniel Medvedev at the weekend to win his night men’s award. The top seed men player won 7-4,6-3,6-2 to get his 18th award in the world of tennis. This victory leaves him just two titles behind Roger Federer and second seed Nadal. The 34-year-old who has never lost in an Australian final before was at his best as he won in straight sets. This is the third time he will be defeated Medvedev who has never won a set against the Serbian in his career. After...
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Why do accrual accounting in your company ?
Accrual accounting is a method of accounting that records financial transactions at the time they occur. It is different from cash accounting, which records financial transactions when money is received or paid. While cash accounting may seem simpler, accrual accounting offers many benefits to your business. Here are some reasons why you should practice accrual accounting in your company. Better overview of the financial health of the business Accrual accounting gives you an overview of the financial health of your business at all times. You can see exactly when revenues were generated and...
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