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ChatGPT Explain lease accounting to a 5 year old

Explain lease accounting Lease accounting refers to the process of accounting for leases, which are contracts between a lessor (the owner of an asset) and a lessee (the user of that asset) that allow the lessee to use the asset for a specified period of time in exchange for regular lease payments. The International Financial …

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A leftward view of money

As we pass from the Elizabethan era to the Carolean there will be a few changes to the Monarch’s view on money. The Queen faced right on her coins which is part of a tradition which has lasted for over 300 years. Each King or Queen faces in the opposite direction to the one before. …

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Coronavirus Corporate Finance Facility

The Bank of England has published the list of businesses which have received a taxpayer-funded bailout under the UK Government’s Coronavirus Corporate Finance Facility (CCFF).I’m not being judgemental. The scale of the economic impact of COVID19 is devastating.

Happy New Year

in 1957 this would be Balance Night. https://www.facebook.com/BBCArchive/videos/501546200218415/

Basic needs

After Maslow -updated for modern life

Dear Europcar – Ich wollen ein automiete

Dear Europcar Ich wollen ein automiete. Do you know about the internet? It is a global network of billions of computers that connects people and business around the world and you can use search to find what you want. One of the useful things about the Internet is that you can use it for shopping. …

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Fixing Markets

As five of the world’s largest banks  pay fines totalling $5.7bn (£3.6bn) for manipulating the foreign exchange market it seems a good point to look at some underlying problems in the financial markets. Firstly let’s be clear: I am not looking to exonerate the Banks involved. They have been deservedly punished for their crimes. And …

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The Bank that likes to say “Si”

The Trustee Savings Bank can trace its roots back to the first savings bank founded by Henry Duncan in Ruthwell, Dumfriesshire in 1810. But its recent history has been a roller coaster and  banking systems are at the heart of that story. Thirty years ago the Trustee Savings Bank was a up and coming UK bank – …

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The Financial Crisis explained

And for a further explanation see http://youtu.be/mzJmTCYmo9g

Be a Star this Christmas

This is my niece Rebecca. In March last year, in the middle of her studies to become a doctor, she found out she had a brain tumour. By watching her video, you’ll see that she was one of the lucky ones. Find out more at http://www.thebraintumourcharity.org/raising-funds/be-a-star-this-christmas