626 posts categorised "Economy"

27 January 2015

Mobile data analytics: not just for consumers any more

As smartphones become increasingly intertwined with our daily lives, it comes as no surprise that an IDC survey claims that 79% of us keep our smartphones within arm’s reach for all but two hours of our waking day. In fact, one in four of us will have our phones within...

26 January 2015

UK CEOs are the most confident in Europe, but skills remain a key concern

PwC Global CEO Survey reveals confidence levels remain high, but note of caution as skills remain a key concern UK CEOs are the most confident in Europe, according to PwC’s 18th annual Global CEO Survey. Three out of five (61%) UK CEOs believe there are more growth opportunities for their...

23 January 2015

Employment tax: a reminder of what comes into effect in 2015

By Kavita Chana Following the delivery of the Chancellor's Autumn Statement, we wanted to provide you with a reminder of the employment tax topics that featured and that will come into effect during 2015. Personal allowance: The personal allowance will be increased by a further £100 in 2015-16 to £10,600....

22 January 2015

Take part in the Information Security Breaches Survey 2015

The Information Security Breaches Survey has been conducted by PwC on behalf of the Department for Business, Innovation and Skills for over a decade. The Government is working to make the UK one of the safest places in the world to do business. As part of this we recognise the...

So how much is your identity worth to you?

By Christian Toon It’s a tough one, what’s in a name? Come to think of it, what’s in a name, address with postcode, date of birth, bank details and national identity documents? Before we can start to understand the value we put on it, let’s look at what others do....

21 January 2015

Reward: Review of Non-executive Director fee levels for 2014

Here's our annual review of Non-executive Director (NED) fees covering fee adjustments to all NED roles across UK listed companies. Our data shows that more companies increased fees in 2014 compared to the prior year, but that increases to the Chair and NED roles continue to slow from the double...

19 January 2015

Getting it right – do you develop an effective internal audit risk assessment and plan?

The objective of an annual risk assessment is to enable Internal Audit to focus on the areas of greatest perceived risk across an organisation and to take into account what is known about how well each area is controlled. Internal Audit, in conjunction with the Audit Committee, should apply the...

18 January 2015

Short Term Business Visitor audit: Is this a sign of things to come?

By Kavita Chana Companies are facing an ever increasing scrutiny from HM Revenue & Customs (HMRC) when it comes to the auditing of their expatriate tax and social security compliance. Aside from the expatriate angle of the Know Your Client (KYC) meeting invitations, we are now starting to see additional...

15 January 2015

Seven skills needed for tomorrow's CEO

Author: Suzanne Snowden, Director, Global Thought Leadership As the New Year unfolds, I can’t help thinking about the challenging environment business leaders around the world are facing in 2015. Crude oil has fallen by more than 50% over the last few months. Market prospects in key geographies have ebbed and...

09 January 2015

What’s GREAT about your business?

We're looking for GREAT businesses to get involved in the GREAT Festivals of Creativity in Shanghai (2-4 March 2015). Part of the UK Government’s GREAT campaign, the festival is designed to help introduce British business into various markets and showcase the best of British technology, design, luxury, innovation, education and...

Commuting small pensions: a simple way to make savings in your scheme

Finding ways of removing risk and reducing cost for your defined benefit scheme can often be challenging, time-consuming and require up-front funding. Trivial commutation exercises are a simple but often overlooked way of achieving these objectives, made more attractive in recent months by positive legislative changes in this area. What...

08 January 2015

WEBCAST: Board Directors - establishing a seamless process for remuneration disclosures and tax reporting

We will be hosting a webex on Monday 12th January 2015 at 9.30am on the topic of "Board Directors - establishing a seamless process for remuneration disclosures and tax reporting". A year on from the new remuneration disclosure requirements and with increasing HMRC scrutiny around directors' arrangements, many organisations are...

07 January 2015

PwC Comment: New Car Registrations Figures

Commenting on the latest new car registrations figures released today by The Society of Motor Manufacturers and Traders (SMMT), Phil Harrold, automotive partner at PwC in the Midlands, said: "These figures are great news for the UK automotive industry. Not only are three of the top 10 selling cars of...

RECORDED WEBCAST: Smart ways to manage pension risk

We recently ran a webcast entitled 'Smart ways to manage pension risk'. If you weren't able to join us for the session, the recording is available to view online, via this registration page: In the short session, the PwC panel look at recent trends they've seen in the pensions buy-in...

06 January 2015

Solicitors latest to be targeted in HMRC campaign on voluntary tax disclosure

Solicitors are being given the chance by HM Revenue & Customs (HMRC) to bring their tax affairs up to date or face tougher penalties and the potential for a detailed tax investigation, as part of a new tax campaign. The Solicitors' Tax Campaign is the latest voluntary disclosure opportunity giving...

23 December 2014

Rethinking the regions

By Ruby Parmar When you live or work in London it’s sometimes easy to imagine the capital is the be-all-and-end-all of the UK economy, but I want to challenge that and make the economic case for the regions. There are some entrenched ideas that start way before people enter the...

11 December 2014

Kirsty Cook explores recent changes to the NAPF 2014/15 Corporate Governance and Voting Guidelines

By Kirsty Cook The National Association of Pension Funds (NAPF) published their 2014/15 Corporate Governance and Voting Guidelines "the Guidelines" on 8 December 2014. The policy has been updated this year to set out more explicitly those issues that the NAPF considers investors should consider carefully when they vote on...

10 December 2014

UK tops Christmas spend among major Western economies

Of the major Western economies over the Christmas period, the UK consumers lead the way, spending around $1,100 (£700*) per person, a third more than shoppers in the US, according to new analysis in PwC’s latest 'Global Economy Watch'. Last year, for example, total spending over the Christmas period in...

09 December 2014

PwC comments on ONS October 2014 Index of Production figures

Commenting on the Office for National Statistics' October 2014 Index of Production, David Martin, manufacturing expert at PwC in the Midlands, said: "The ONS figures released today show that production remains up year on year by 1.1% from October 2013 to October 2014. This is welcome news for the success...

EVENT: Introduction to VAT for the non-specialist

Date: Tuesday 3 February 2015 Time: 09:30 - 16:30 Location: PwC, Cornwall Court, 19 Cornwall Street, Birmingham, B3 2DT The course is entitled 'Introduction to VAT for the non-specialist' and is aimed at tax managers with some responsibility for VAT, or finance staff with responsibility for preparing or reviewing VAT...