423 posts categorised "Press releases"

27 January 2015

Private businesses in the Midlands urged to share their successes

Nominations now open for the 2015 UK Private Business Awards PwC in the Midlands is urging private businesses across the region to share their success stories by nominating themselves in the 2015 UK Private Business Awards (The Diamonds), which celebrate the best of UK private businesses and their contribution to...

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...

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...

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....

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...

PwC’s Midlands deals team advised on £2.3bn of Midlands transactions in 2014

In 2014, PwC in the Midlands advised on around 30 successful Midlands transactions with a combined value of c. £2.3bn, across a variety of sectors, from trade acquisitions to investment by private equity into local businesses. The deals were of varying sizes, with values ranging from c. £2m to in...

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...

22 December 2014

Riviera announces investment from Phoenix Equity Partners

Riviera Travel (“Riviera”), one of the UK’s leading providers of overseas escorted tour holidays and river cruises, today announces an investment by Phoenix Equity Partners ("Phoenix"), a leading UK middle-market private equity firm. Terms of the transaction are not disclosed. Riviera, founded in 1984, will be led by David Clemson...

Cash is king for Midlands employees at Christmas bonus time

Employees in the Midlands would overwhelmingly choose a small cash bonus over spending more time with their family this Christmas, according to new research from PwC. PwC asked 2,400 UK adults what bonus they would value the most this Christmas and, of the 340 surveyed in the East and West...

19 December 2014

Clock is ticking for students entering £20k PwC tax reform competition

Deadline for the best idea on UK tax reform is 5 January 2015 Midlands students are being urged to get their thinking caps on now if they are to be in with the chance of scooping a £20,000 prize from PwC for the best suggestion on how the UK tax...

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...

03 December 2014

Autumn Statement 2014: Good news for businesses and families on environmental taxes

By Jayne A Harrold, Midlands indirect tax senior manager Lots of good news for businesses and families on the environmental tax front today as costs are reduced in a number of areas, but it remains to be seen what environmental impact these reductions may have. Carbon price floor: CHPs excluded...

Autumn Statement 2014: Jonathan Haigh comments on impact of stamp duty changes

Residential impact Commenting on the overhaul of the stamp duty rates in the Chancellor's Autumn Statement, Jonathan Haigh, real estate expert at PwC in the Midlands, said: “People buying an average home will have more money to spend if they complete on their purchase tomorrow. On a £300,000 house- the...

Autumn Statement 2014: Karl Harriman comments on changes to personal tax and anti-avoidance measures

Personal tax changes Karl Harriman, tax partner at PwC in the Midlands, said: "The Chancellor continued his theme of raising the income tax personal allowance above the rate of inflation, with a further increase announced to £10,600. This rise is almost 5% above the rate of inflation, and means that...

Autumn Statement 2014: David Martin comments on impact on manufacturers

In response to the Autumn Statement, David Martin, manufacturing expert at PwC in the Midlands, commented on the impact on manufacturers: "The additional support being offered for investment in research and development and the creation of funds to encourage more UK manufacturers to export will be warmly welcomed by UK...

Autumn Statement 2014: Chris Romans comments on measures for small businesses and entrepreneurs

In response to the Chancellor’s announcements on support for small and medium sized businesses, Chris Romans, tax partner and head of private business at PwC in the Midlands, commented: "Small and medium businesses, the majority of which are outside London, might be excused for feeling like the Cinderella part of...

Autumn Statement 2014: Leon Mayfield comments on the introduction of student loans for post graduate students

Education expert at PwC in the Midlands, Leon Mayfield, said: “We really welcome the Chancellor's move to offer a student loan for postgraduate degrees. The HE Commission reported on this issue in Autumn 2012 and recommended that the Government needed to find a way to help people to take their...

Autumn Statement 2014: Steve Blackmore comments on new state pension amount

The Government has announced that the new state pension will be at least £151.25 per week, with the actual amount to be confirmed this time next year. Steve Blackmore, pensions expert at PwC in the Midlands, said: "While it's interesting to know the minimum level of the new single tier...

Autumn Statement 2014: Simon Tivey comments on how Business Rate changes will make shopkeepers happy

Responding to the Chancellor's announcement on Business Rates today, Simon Tivey, partner at PwC in the Midlands, said: "The Autumn Statement has provided further support for SME's following on from the raft of measures announced last year. "As predicted, the annual inflationary increase will again be pegged at 2% for...