205 posts categorised "Industries"

23 March 2015

Fewer than 1 in 5 in Midlands worried about debt repayment

The confidence people in the Midlands have in their ability to stay on top of their debt has improved, according to PwC’s latest report on the Consumer Credit market, Precious Plastic: How Britons fell back in love with borrowing, published today Fewer than 1 in 5 (17%) consumers in the...

18 March 2015

Budget 2015: David Roper comments on the bank levy increase

David Roper, partner and financial services leader at PwC in the Midlands, said: "Today's announcement will be a blow to the UK banking industry. Coming hard on the heels of the bank loss restriction rules announced in the Autumn Statement, two more bank specific tax measures clearly shows bank taxes...

16 March 2015

Fewer stores are opening on East Midlands high streets as retailers focus on clicks over bricks

- Store closures in the East Midlands fall slightly BUT reduced store openings mean fewer shops on the region’s high street - Mobile phones shops, video stores, money services shops, former bank branches and pubs suffering in the East Midlands - Discount stores, charity shops and financial advisors bucking the...

Fewer stores are opening on West Midlands high streets as retailers focus on clicks over bricks

- Store closures in the West Midlands fall slightly BUT reduced store openings in 2014 mean fewer shops on the region’s high street - Mobile phones shops, former bank branches, money services shops, fashion shops and estate agents suffering in the West Midlands - Charity shops, e-cigarettes outlets and jewellers...

05 March 2015

PwC comment: UK automotive industry continues its success story

Commenting on the latest SMMT new car registrations figures released today, Phil Harrold, automotive partner at PwC in the Midlands, said: "The three years of consecutive growth is really welcome news for the UK automotive industry and the direction of travel of these latest figures for new private car registrations...

02 March 2015

UK hotel forecast reveals strong outlook for Birmingham hotel industry

· Birmingham ranks 3rd in the top 10 UK cities with the most active room pipelines · UK regions will see the highest ever hotel occupancy levels and record average daily rates PwC’s latest hotel forecast* reveals the improving economic and business travel backdrop will drive growth for the Birmingham...

20 February 2015

The future of consumer mobility: could integrated transport drive a new digital divide?

By Phil Harrold and Charles Johnson-Ferguson The recent SMMT (Society of Motor Manufacturers & Traders) annual dinner showcased a ‘next generation’ award that illustrated the way new technology is radically reshaping the future of consumer transport. The prize went to the developer of a steering-wheel that can tell immediately whether...

18 February 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...

13 February 2015

PwC Comment: ONS Construction Output figures

Commenting on today's Office for National Statistics Output in the Construction Industry figures, Mark Whitehouse, property and construction expert at PwC in the Midlands, said: “While Q4 2014 output decreased compared with the previous quarter, the construction sector continues to show healthy year-on-year growth and our clients are optimistic about...

05 February 2015

PwC Comment: New Car Registrations Figures

Commenting on the latest SMMT new car registrations figures released today, Phil Harrold, automotive partner at PwC in the Midlands, said: "This 35th consecutive month of growth in the UK automotive market demonstrates the increasing confidence of both consumers and businesses. People are feeling empowered to make decisions on vehicles...

03 February 2015

Manufacturers face a pricing conundrum

Commenting on the latest Markit/CIPS UK manufacturing PMI, David Martin, manufacturing expert at PwC in the Midlands, said: “The steep fall in input prices is good news for the manufacturers who have been able to benefit from the sharp drop in oil prices. However, as low oil prices continue, manufacturers...

02 February 2015

Birmingham market set for continued investment and growth

By Mark Whitehouse The Birmingham market is well set for a sustained period of continued investment and growth. This was certainly the sentiment I found at the jointly hosted Urban Land Institute and PwC Emerging Trends in Real Estate Europe 2015 launch event in Birmingham on 28 January. The event,...

New energy industry research powers call for 30% female executive board seats by 2030

- Only 5% of executive boards seats in top 100 UK-headquartered energy firms are held by women - 61% of those surveyed in the report believe the most compelling commercial reason for increased gender diversity is better decision making - Call for 40% of energy company middle management and 30%...

PwC: Current account fees are the future

Current account customers may not want to pay for their accounts, but the free banking model is unsustainable and may increase the likelihood of mis-selling in the future, according to PwC’s latest report, There’s no such thing as a free lunch: Why fees are the future for current accounts, published...

21 January 2015

George Osborne says new measures to boost oil industry will be in the Budget - PwC comments

Commenting on news that measures to boost the oil industry will be announced in the Budget, Simon Evans, utilities expert at PwC in the Midlands, said: "The dramatic drop in oil prices is accelerating efforts already underway to support the oil industry and Government is also looking to see what...

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

Growth in financial services continues but building societies under pressure – CBI/PwC

The majority of financial services firms reported rising business volumes in the three months to December, according to the latest CBI/PwC Financial Services Survey. Overall business volumes rose at the fastest pace since the mid-1990s, with demand from both UK households and corporates underpinning solid growth across most industry sectors....

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...

14 January 2015

Birmingham is pulling in property investors who are finding London too hot to handle

A new report launched today (January 14th 2015) has ranked Birmingham in the top 10 European cities for investment prospects. Birmingham is now ranked 6th in the annual league table (up 14 places on its 2014 position) and is the highest ranking UK city, ahead of London (10th) and Edinburgh...

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...