Taxes on income in the period are accrued using the expected tax rates that would be applicable to forecast annual earnings. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. With growing demand from universities to support online learning and unemployment rising rapidly, we are launching a range of initiatives that provide learners with high quality, flexible and affordable options to acquire new skills and knowledge that will enhance their employability. Find resources. It focuses on giving its candidates the ability to sit Pearson announced plans to exit Pearson in Practice on 7 January 2013, although learners already signed up will be supported until the end of their courses.Concerns exist around the amount of influence Pearson, being a commercial company, has on public education.In June 2010, Pearson plc received notification that the British multinational publishing and education companyUK national newspapers, magazines, and other periodicals"The Sennar Dam and the Gezira Irrigation Scheme", Other net gains in 2020 largely relate to the sale of the remaining interest in PRH and in 2019, largely relate to the sale of the US K12 business. Failure to successfully invest, develop and deliver innovative, market-leading global products and services that will have the biggest impact on learners and drive growth. The ultimate long-term impact of COVID-19 is highly uncertain and cannot be predicted with confidence. We worked with clients who were able to take advantage of our VUE Online Proctoring offering, where testing volumes grew to 580,000 compared to 66,000 in H1 2019. In addition to the impacts on revenue and profit, the Group has modelled downside scenarios with an impact on its operating cash flows including the normal impact from conversion of profits but also modelling an additional deterioration from adverse movements in working capital. We also risk failure to comply with data privacy regulations and standards. The restructuring programme was largely completed at the end of 2019 and there were no significant restructuring costs in the first half of 2020.
Pearson plc is a multinational publishing and education company headquartered in London, England. The social bond framework is a natural progression of Pearson's long-standing commitment to integrating social and environmental sustainability into the business. The equivalent statutory measure, net cash used in operations, was £117m in both 2019 and 2020. The increase in 2020 is mainly due to the gain on sale of PRH and the reduction in restructuring costs which was more than enough to offset the impact of COVID-19 on trading profits. In addition to this normal seasonality, the impact of COVID-19 has also affected the first half results in 2020 as outlined above. The decrease is largely due to the receipt of proceeds from the PRH sale and the receipt of deferred proceeds from the K12 sale which offset the increase in cash used in operations, interest and dividend payments and the cash outflow from the Group's share buy-back programme. In 2015 the company announced a chang… Pearson Test of English volumes were down 43% due to the closure of testing centres across key markets from March. We are in discussion with some of our biggest university partners about the integration of Pearson courseware and other assets, to deliver continuing improvements in the learning experience. The restructuring costs in 2019 relate predominantly to staff redundancies. Additionally, the online private school, Pearson Online Academy continues to serve students across the globe. £266 million (2019) Website: pearson.com: Pearson plc is a multinational publishing and education company headquartered in London, England. This rate is lower than the average statutory rate applicable to the countries we operate in as it includes the benefit of tax deductions attributable to amortisation of goodwill and other intangibles.