Author: JAK

forecast5 May 17, 2021 JAK

One man. A brewery. The miracle. Jester, Olicana, Goldings, Fuggles A couple of Evans-Evans best brews. Celtic to most of us, but not if you are Welsh. Simon Buckley’s family have been brewing in Wales for 253 years and now he has recovered from a 13-week stay in hospital with Covid 19, Simon intends to…

forecast5 April 29, 2021 JAK

“Full throttle for Deliveroo” screamed the Sunday Times Business headline just before the IPO. “Online giant defies critics as investors pile into £8bn float” But within days it all turned to tears. Was it timing? Was the valuation too high? Did labour issues discourage investors? Were the firm’s entry barriers perceived as being too low?…

forecast5 March 18, 2021 JAK

Last Friday President Joe Biden signed one of the largest economic rescue packages in U.S. history, authorizing a flurry of new federal spending and a temporary yet dramatic increase in anti-poverty programmes to help millions of families still struggling amid the pandemic. Congress had already spent $4 trn fighting the crisis. Now he proposes $1.9 trn more…

forecast5 December 9, 2020 JAK

The ‘economic emergency has only just begun’, Rishi Sunak said on November 25 as he announced forecasts that show the UK economy contracting 11.3% this year and the deficit reaching almost £400 billion. Armageddon’ outta here Unusually The Spectator put the knife into its former editor, Boris Johnson in its November 28 issue.  It points…

forecast5 November 2, 2020 JAK

Carpe diem indeed. In a world that Covid turned upside down, it is the visionaries, the out-of-the-box thinkers and—yes—the budget watchdogs who are seeing profit graphs climb. Elon Musk is described as having been a cat in a former life: every way the market throws him, he lands on his feet*. His latest touch down…

forecast5 October 26, 2020 JAK

Some businesses’ success under Covid was expected—think Zoom and Team View. Others are more surprising: Are you and your company one of the lucky ones who are benefitting from Covid? If so, you know what to do. Quickly download a free, 21 day trial of Forecast 5, the highly rated financial forecasting package and be…

forecast5 October 11, 2020 JAK

An Excel-ent solution? Earlier this month, Public Health England admitted that a glitch in its spreadsheets led to 15,841 positive Covid results not being reported. Why? Not only had Public Health England used an Excel spreadsheet, a program not built to be a serious database manager, but they were using a 2007 version. This version…

forecast5 September 30, 2020 JAK

Whether you are a climate change embracer or denier, no one can gainsay that COVID has improved the air quality in the world’s major cities. That’s a good thing. It came at the price of the world’s worst recession since the 17 century. That’s a bad thing. This month 30 of Europe’s top companies backed…

forecast5 September 16, 2020 JAK

‘The recent 75th anniversary of the end of World War Two prompted this reflection: that generation: ready to risk life to preserve freedom; this generation: ready to risk freedom to preserve life.’ – Tony Abbott. Who would volunteer to be a trade advisor? Pity Tony Abbott, who was prime minister of Australia from 2013 to…

forecast5 August 26, 2020 JAK

1929-1930 This is what a depression looks like – and we are not in one in 2020. “If you fail to plan, you are planning to fail!”   Benjamin Franklin Don’t be depressed about recession. While media headlines announce Britain’s worst recession for many years, accountants know that a recession’s graph is only the short, sharp dip…