433 posts categorised "Press releases"

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...

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...