For owner managers of limited companies, covid-19 is a minefield as government emergency financial support seems to miss these two million potential beneficiaries. Stephen Relf CTA FCA and Martin Jackson ATT, Croner-i, explain the limited options available

Jeffreys Henry LLP has replaced mid-tier Grant Thornton as auditor at AIM listed Modern Water plc, a water technology group, which is going through a major restructure following balance sheet tensions. Sara White reports

Scenario modelling by the Office for Budget Responsibility (OBR) suggests the UK faces the biggest economic shock in 300 years as a result of the current pandemic, with GDP falling 35% in the second quarter, unemployment rising by over two million, and the largest deficit in the government’s finances since the Second World War