Author: JAK

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…

forecast5 August 7, 2020 JAK

Does this graph from The Spectator showing furlough claims make your blood run cold? How close to the cliff edge is your company? Where are the pinch points, how can you cut costs to stay in business? When Rishi Sunak announced the furlough scheme on May 5, he anticipated that some 10% of businesses would…

forecast5 July 28, 2020 JAK

The UK’s planned infrastructure bank is likely to need accurate forecasting before granting loans now that the annual 8 billion euros from the EIB have gone. Europe’s non-profit investment bank was established in Kirchberg, Luxembourg in 1958. In the post-COVID world, old-fashioned bank-loan regulations just won’t cut it any more. Last week the Financial Times…

forecast5 July 20, 2020 JAK

Making culture pay again What will it cost to return the Royal Opera House to profit if it can’t seat this many? After extensive lobbying by the arts sector, Boris Johnson has announced a £1,15 billion support package, describing them as “the beating heart of the country.” Art galleries and cinemas are already open: theatres, built…