498 posts categorised "Press releases"

21 August 2015

PwC in the Midlands appoints new regional chairman

Matt Hammond has been appointed regional chairman of PwC in the Midlands, heading up over 2,000 staff in the firm’s Birmingham, Castle Donington and Milton Keynes offices. He takes over from Mark Smith as chairman of PwC’s Midlands practice and senior partner for the Birmingham office. Mark has led the...

20 August 2015

Surge in student applications at PwC in the Midlands

Nearly 3,000 student applications for over 200 roles at PwC in the Midlands 15% increase in applications for graduate roles since the firm’s decision to scrap UCAS scores 11% increase in female graduate hires compared to previous year Across the UK, PwC received its highest ever number of applications this...

18 August 2015

Rise in house price growth spells more bad news for 'Generation Rent'

Commenting on the ONS house price figures out today, Richard Snook, senior economist at PwC, said: “The latest figures show that annual UK house price growth edged up to 5.7% in June, up slightly from 5.6% in May. “In the West Midlands, the annual house price growth rate rose to...

12 August 2015

People in the Midlands want pensions to be taxed like ISAs, says PwC research

New PwC research reveals that people in the Midlands want their pensions to be treated more like Individual Savings Accounts (ISAs). The PwC survey follows George Osborne’s consultation, launched in the Summer Budget, to radically review how pensions are taxed. When asked to choose the most appealing tax scenario for...

11 August 2015

More companies planning to ditch annual performance reviews and ratings, but will employees benefit?

Two thirds of large companies are making changes to their end of year performance reviews, with 5% of organisations considering dropping performance ratings altogether – according to new PwC research. PwC’s ‘2015 Performance Management Research’ found a renewed focus from organisations on their performance management process and how it can...

05 August 2015

Hat trick of deals in one week for PwC Midlands deals team

In one week, the PwC Midlands deals team has completed the landmark sales of MIRA to HORIBA and Mark Group to SunEdison, as well as advising Prodrive Holdings on a £6m growth capital investment by BGF (Business Growth Fund) in Prodrive Composites. This flurry of completions comes hot on the...

03 August 2015

DEAL: PwC's Midlands deals team advises on the sale of Mark Group Limited to SunEdison

The PwC Midlands deals team acted as sell-side advisors to the Mark Group, the UK’s leading full service energy solutions provider, in its sale to SunEdison, Inc., the world's largest renewable energy development company. Based in Leicester, the Mark Group was founded in 1974 by the Cottingham family and is...

DEAL: PwC's Midlands deals team advises Prodrive on £6m growth capital investment

The PwC Midlands deals team has advised Prodrive Holdings on a £6m growth capital investment by BGF (Business Growth Fund) in Prodrive Composites. Based in Milton Keynes, Prodrive Composites is a leading manufacturer in the high growth automotive carbon fibre composite parts and assemblies market working with leading OEMs in...

31 July 2015

Will retail developments in the West Midlands buck the recent high street trends?

With the opening of Poundland’s 600th store in Bilston, the reopening of top-end Harvey Nichols and the Mailbox in Birmingham, and the much-anticipated opening of Grand Central, PwC says the jury is still out on what analysis of the high street trends for 2015 will reveal. PwC’s research of store...

22 July 2015

PwC’s latest economic outlook points to continued rise of ‘Generation Rent’ in the Midlands

Whilst house price growth has slowed down in the Midlands in the last year, average house prices are expected to keep growing at around 5.5% for the rest of the decade, according to PwC analysis in its latest UK Economic Outlook report. In the West Midlands: From a 5.9% growth...

17 July 2015

Twenty senior promotions at PwC in the Midlands reflects major investment in regional team

PwC in the Midlands has strengthened its senior regional team, with six new partners and 14 new directors, reflecting a major investment to support further growth for the firm in the region. 45% of the senior promotions are women, reflecting the company’s commitment to workplace gender equality which was recognised...

14 July 2015

DEAL: Japanese corporate makes landmark acquisition in the Midlands

Nuneaton based automotive testing and engineering consultancy business, MIRA, has been acquired by HORIBA, a Japanese listed company specialising in an extensive array of instruments and systems for applications ranging from automotive R&D, process and environmental monitoring, in-vitro medical diagnostics, semiconductor manufacturing and metrology. MIRA was formed in 1946 and...

PwC comments on large companies being forced to publish their gender pay gaps

PwC - one of only a handful of companies to already voluntarily publicly report its gender pay gap - comments on the Government’s plans to force companies with more than 250 workers to publish average salaries for their male and female employees. Katie Warrington, director and head of diversity at...

10 July 2015

Government's Productivity Plan launched - PwC's economists comment

Commenting on the government's Productivity Plan launched today, John Hawksworth, PwC’s chief economist, said: "The UK economy has been an exceptional job-creating machine over the past three years, but productivity growth has lagged behind. The reasons for this are complex, but the government is right to identify this as a...

08 July 2015

Budget 2015: PwC comments on the new National Living Wage

Commenting on the new National Living Wage which is coming in for over 25's, David Wignall, partner and leader of the Human Resource Services team for PwC in Milton Keynes and the South Midlands says: “This is great news for the 1.4 million people currently on the National Minimum Wage...

Budget 2015: Local newspapers get a business rates boost – PwC comments

The expectations of a real modernisation and simplification of the business rates system were raised again in the Budget today. Simon Tivey, head of rating at PwC in the Midlands, commented: “Consultation fatigue is now setting in with yet another set of questions being directed at businesses, representative bodies and...

Budget 2015: PwC comments on plans to restrict tax relief for pension contributions

Steve Blackmore, pensions director at PwC in the Midlands said: “This makes a complicated pensions tax system even more complicated. An ad-hoc change just disengages business leaders from the role of pensions in their organisations. Senior employees may now not bother saving into pensions. It sends a mixed message into...

Budget 2015: PwC comment on central government; Spending Review implications; departmental budgets

Commenting on the implications of the Budget for departmental budgets, the Spending Review and underpinning UK growth: Tina Hallet, head of public sector, PwC, said: "The Budget has flagged productivity and skills plans - the detail will be critical later this week. Dealing with the deficit is as much about...

Budget 2015: PwC comments on Local Government Pension Scheme asset pooling

Steve Blackmore, pensions director at PwC in the Midlands said: “Today’s announcement on asset pooling should go a long way to address the affordability of the Local Government Pension Scheme. The reward for getting this right should add up to £600 million a year across the country. "There are a...

Budget 2015: Office of Tax Simplification gets much bigger mandate

In the Budget book, the Government has said it will establish the Office of Tax Simplification (OTS) on a permanent basis with an expanded role and capacity. The new, expanded OTS will be put on a statutory footing in Finance Bill 2016, and will advise the government on how to...