In today's podcast our resident financial professional Adrian Lawrence talks about the forthcoming floatation in the London stock market of Deliveroo, the company it is rumoured are preparing a £5billion April floatation. Deliveroo is operated by Roofoods Ltd and is based in London.

They recently appointed Lord Simon Wolfson as chief executive and joins Claudia Arney their chairman who joined from Ocado towards the end of last year.

The company has seen huge expansion and covers 8000 towns and cities worldwide using a delivery network of 110,000 feelance delivery drivers.

The timing of their float is interesting as it will come after more than a year of disruptions to the UK economy due to Covid, whilst very damaging to the overall economy, home delivery is an area that has seen strong growth. Their floatation is likely to be a success on the back of this but the UK and world economies are likely to begin a return to normal which means they are making the most of this opportunity.

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Reporting Accounts the leading UK Business Intelligence provider welcomes in 2021 albeit on the back of a very tough financial year that has seen UK companies really suffering from the Covid Pandemic.

In this podcast Adrian Lawrence the CEO of Reporting Accounts, talks about last year and some of the new products that the company will be bringing to market in 2021. In this short podcast Adrian talks about how the UK economy has been badly impacted by the pandemic.

There are positive developments to report internally from Reporting Accounts, who launched a number of successful features in 2020, firstly a Google android App which can be dowloaded from the play store, then towards the end of the year an MS edge app has been launched which means MS Edge users can now access the great free database of UK Companies from a single click on the MS edge toolbar.

The development team are also working on Safari and Firefox versions which all being well will be live early in quarter one of 2021.

Not withstanding the tough business climate the team at Reporting Accounts are experiencing strong growth, users and page views increased by 50% between October and December and early indications suggest rapid growth will continue during 2021.

We continue to refine and develop our offering so we can compete effectively in the growing UK market place for Free and Pay as you go business credit report information.

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During today's podcast Adrian Lawrence our in house financial expert talks about the latest news on Covid and that the UK mutant version is speculated to have a higher mortality rate as well as a higher infection rate. Also the South African variation has been detected in the UK raising additional concerns as it appears to be resistant to the current versions of vaccines, the pharmaceutical companies behind the current versions are believing to already being working on a new variation that can cope with the variations.

The UK stock market has moved lower on these developments as share prices reflect sentiment and expectations for future earnings both of which will be impacted if companies in the retail, leisure and travel sectors are forced to remain closed for a longer period.

There will be a return to normal and better times ahead, though the impact on this summers holiday travel season remains uncertain.

Visit our website to view company accounts and get analysis covering more than 4.8million UK companies.

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