443 posts categorised "Press releases"

26 March 2015

Council leaders are under pressure and Midlands’ public is less accepting of service cuts

Only one in ten council chief executives is confident their council can protect frontline services in the face of continued austerity over the next five years. Just 36% of people in the Midlands region accept the need to make reductions in services. Midlands public most aware of reductions in repair...

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...

19 March 2015

PwC named top accountancy firm in the East Midlands

PwC has won two awards at the annual East Midlands Chartered Accountant of the Year Awards. The professional services firm was named East Midlands’ large accountancy firm of the year and Sophie Mottram, a manager in the firm’s assurance practice was named young chartered accountant of the year. (Left) Phil...

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...

13 March 2015

Budget 2015: Chancellor could have £7 billion of extra wriggle room next week

New projections by PwC suggest that public borrowing could be revised down by the OBR throughout the next five years, leaving a budget surplus in 2019/20 of around £30 billion rather than £23 billion as estimated at the time of the Autumn Statement in December (see table below). Public sector...

09 March 2015

Midlands economy recovering at a relatively strong rate

Latest analysis reveals GDP growth in the Midlands is expected to average around 2.5% in 2015 Midlands house prices rise by 6.8% in 2014 – pace of growth likely to ease slightly in 2015 $50 oil price could boost GDP by 1% and employment by 90,000 by 2020 The Midlands...

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...

04 March 2015

UK female millennials are the most confident and ambitious of any generation

New PwC survey dispels myths about women and work - Opportunities for career progression tops the list of most attractive employer traits - 41% of female millennials starting careers believe they can reach the top with their employer - 50% said employers are too male biased when considering internal promotions...

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...

27 February 2015

Warwickshire’s DCS Group to be showcased in Shanghai as part of the Government’s GREAT Festival of Creativity

Stratford-Upon-Avon based company, DCS Group has been chosen by PwC to be part of the delegate of UK technology companies showcased at the next GREAT Festival of Creativity in Shanghai. The festival is part of the GREAT Britain campaign, which promotes the UK as a world-class destination for trade, tourism,...

25 February 2015

Midlands companies could release up to £12.5bn from working capital

Midlands companies could release up to £12.5bn from working capital according to the findings in PwC’s annual working capital study – which tracks companies’ success in optimising working capital. PwC’s Cash for Growth analysis combed the accounts of 7,368 companies across the world to calculate the amount of money which...

19 February 2015

Amey selects Skyval to manage £1bn of pensions obligations across six pension schemes

Amey, one of the UK’s leading public and regulated services providers, has selected Skyval as the platform to manage the pension obligations of its six defined benefit pension schemes, with assets totalling almost £1bn. This follows a detailed review of the pensions platforms in the market. Amey selected Skyval as...

18 February 2015

Carillion, Dignity and Travis Perkins all shortlisted for PLC Awards 2015

The strength of businesses across the Midlands in the mid-market business sector has been recognised in the nominations for the PLC Awards 2015. This year’s shortlist will see Carillion, the Wolverhampton based integrated support services company and Dignity, the Sutton Coldfield based provider of funeral related services vying for a...

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...

Two students scoop £10k each, in PwC’s student competition for best ideas on UK tax reform

A tax system that empowers regional cities and encourages businesses to invest in people will boost employment and drive the UK economy – according to the winning essays of a major student tax competition. The two winning students, Richard Cha and Jamie Parker, both from the University of Cambridge, each...

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

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...