In response to the ongoing pandemic disruption across markets, the government has instituted a ban on commercial forfeiture for rent arrears. Yet for all the fanfare that greeted this announcement, the key question remains why?
As uncertainty as to when business as usual will resume continues, one significant challenge is financial year-end reporting. For most organisations, the impact of Covid-19 could be a major factor influencing valuations in financial statements submitted under financial reporting standards.
The impact of Covid-19 and social distancing measures has been devastating to the cinema industry. All screens are closed and income has reduced to zero. The industry is scrambling to establish what the future holds.
Leadership had begun to understand that dialling up employee experience was just as effective as bringing down costs. Concepts such as employee productivity, experience and wellbeing had crept into its purview.