358 posts categorised "Press releases"

09 July 2014

Midlands economy on the road to recovery

Growth in the Midlands economy is expected to pick up from 1.6% in 2013 to around 3.1% in 2014 House prices in the Midlands could rise by 8% this year, but pace of growth is expected to moderate over the next two to three years The Midlands economy is showing...

02 July 2014

One in three in the Midlands has pulled a sickie, according to PwC research

One in three workers (34%) in the Midlands admits to having pulled a ‘sickie’ – according to new research by PwC. PwC’s research shows that sick days are costing organisations in the UK over £23bn a year, but a large proportion of the sick bill is preventable as people lying...

01 July 2014

PwC in the Midlands comments on UK manufacturing PMI figures

In response to UK manufacturing PMI figures out today, David Martin, Industrial Manufacturing Leader at PwC in the Midlands, commented: “There is continued good news for the Midlands manufacturing sector as June saw robust figures, posting the second highest reading in 40 months - and the average pace of growth...

Marnixheath Limited (‘the company’) - in administration (trading in the UK as La Senza and Pinkberry)

Robert Moran, Mike Jervis and Stuart Maddison of PwC have been appointed as joint administrators of Marnixheath Limited on 1 July 2014. The company operates 55 stores under the La Senza brand in the UK and three Pinkberry outlets under the Pinkberry brand in the UK. In total the company...

Financial services firms upbeat as business volumes rise – CBI/PwC Survey

The UK’s financial services firms saw another rise in business volumes in the three months to June, and optimism continued to pick up across the sector, according to the latest CBI/PwC survey. The survey of 98 firms revealed that business volumes rose across many industry sub-sectors, with the exception of...

30 June 2014

Far reaching review of UK tax by British public

A citizens’ jury convened by Britain Thinks for PwC has set out recommendations for reforming the UK tax system. The outcomes are being presented to Government today. The jury brought together 22 members of the British public from Greater London, the South East, the Midlands, the North, Wales and Scotland,...

27 June 2014

PwC in the Midlands comments on the Government’s plans to reshape workplace pensions

Steve Blackmore, pensions director at PwC in the Midland comments on the Government’s response to its plans to reinvigorate workplace pensions: “There is no doubt that the current pensions landscape needs refreshing and we support the Government’s initiative to reinvigorate UK pensions, however we need to be cautious that too...

26 June 2014

Innovative family businesses given chance to shine

Midlands’ family businesses with an innovative flair when it comes to developing a new product or service are being urged to showcase their achievements in the regions only independent Awards for family firms. The Business Innovation Award is one of ten in the 2014 Midlands Family Business Awards, the regions...

24 June 2014

PwC wins Birmingham Business Charter for Social Responsibility award

PwC in the Midlands has been recognised by Birmingham City Council for its efforts to maximise social value from its day-to-day business operations. PwC’s Midlands Chairman, Mark Smith, received the award from the Council on Thursday 19 June 2014. (Pictured, Cllr Stewart Stacey, right, presents the CSR certificate to Mark...

23 June 2014

PwC in the Midlands appoints new head of its Government and Public Sector team

Andy Ford has been appointed the new head of PwC’s Government and Public Sector team in the Midlands. Andy was previously the leader of the firm's Public Sector Consulting practice in the South East region, where he focused on helping clients deliver major transformation programmes to reduce costs and improve...

19 June 2014

Companies’ ability to support pension promises returns towards pre-recession levels, reveals PwC analysis

FTSE350 companies’ ability to support their defined benefit (DB) pension obligations has dramatically improved and is close to reaching pre-recession levels, according to PwC analysis. PwC’s Pensions Support Index (PSI), which tracks the overall level of support provided to DB schemes of the FTSE350 companies, shows that the economic recovery...

12 June 2014

Will World Cup fever benefit the high street in the Midlands?

As hosts Brazil kick off the FIFA World Cup in Sao Paulo, Andy Lyon, partner and retail expert at PwC in the Midlands comments on whether the World Cup could benefit the region’s high streets. He said: “With World Cup celebrations kicking off on the other side of the world,...

PwC in the Midlands comments on Bank of England's new cyber test

Commenting on news that the Bank of England has launched a new test to measure the financial sector's ability to withstand cyber attacks, Chris Wight, cyber security expert at PwC in the Midlands, said: "Banking processes have been transformed by technology and continue to evolve. But there is a growing...

Back on the hiring road – 56% of financial services CEOs to increase headcount this year

Financial services CEOs have hiring back on their minds with more than half (56%) planning to take on extra staff in this year, according to the PwC report, 'Remoulding your workforce for a new marketplace'. CEOs are looking to increase their headcount by at least five per cent. The insurance...

10 June 2014

Three Midlands companies shortlisted for national Private Business Awards 2014

The Private Business Awards 2014 shortlist features three Midlands businesses that all demonstrate a focus on entrepreneurship and use of emerging business models The Genuine Gemstone Company, based in Redditch, is shortlisted for two awards – ‘International Business of the Year’ and ‘Private Business Woman of the Year’ The founders...

04 June 2014

Queen's speech: PwC comments on pension reforms

Steve Blackmore, pensions director at PwC in the Midlands, said: “The Government’s plan to give people more choice over forms of pension schemes is great in theory, but the reality of how these schemes work and whether companies will have the appetite to provide them is more complex. “Success in...

Queen's Speech: UK sets high ambition on a climate deal

Commenting on the low carbon economy, environmental and climate change issues in the Queen’s Speech, Jayne Harrold, environmental tax specialist at PwC in the Midlands, said: "References to plastic bags, shale, planning, biodiversity, international climate talks and green export receipts shows how the debate on a low carbon economy is...

30 May 2014

PwC in the Midlands advises on international packaging acquisition

PwC has advised Northamptonshire based RPC Group Plc (RPC) on its planned acquisition of ACE Corporation Holdings Limited (Ace). Ace is headquartered in Hong Kong and is one of the Far East's industry leaders in the manufacture of plastic injection moulded components and injection moulding tools. Ace principally supplies niche...

23 May 2014

Skills gap is hampering UK businesses’ recruitment efforts – PwC report

The majority of UK businesses are planning a hiring spree over the next 12 months as their growth prospects improve, but nearly two thirds (64%) are concerned that they won’t be able to find the people with the skills needed to fill these positions. A global PwC survey of over...

21 May 2014

PwC in the Midlands comments on the latest UK retail sales figures

In response to ONS UK monthly retail sales figures released today, Andy Lyon, partner and retail expert at PwC in the Midlands, said: "Retail sales volumes continued to boom in the three months to April with growth of 5% compared to a year earlier and 1.8% compared to the previous...