As part of a nationwide day of volunteering, over 250 employees at PwC in the Midlands have been participating in a range of local community projects. The firm’s Midlands-based volunteers spent the day providing support to a wide range of individuals, from those working in outdoor activity-based enterprises, to those...
Businesses in the East Midlands must be proactive in identifying opportunities to capitalise on planned infrastructure investments in order to unlock the region’s economic potential, according to PwC. The firm recognises that positive steps have already been taken to capitalise on current infrastructure developments, but with three cities unveiling plans...
PwC is to offer students an accelerated route to employment and an accountancy qualification through a new degree programme in partnership with Nottingham University Business School and the professional accountancy body, ICAEW. The BSc Accountancy “Flying Start” programme is PwC’s third business degree, following the established programmes at Newcastle University,...
Making sourcing decisions solely based on price could end up being a false economy for component manufacturers in the Midlands that may be planning to step up production in the months ahead, according to supply chain experts at PwC. Recent news that UK-based manufacturers will benefit from £1.5bn of new...
Governments around the world are increasingly taking steps to improve their accounting and achieve greater transparency – amidst growing recognition that the accounting framework traditionally used by the public sector isn’t fit for the 21st century. A PwC survey covering 100 countries reveals that while only 24% of governments currently...
Business managers in the West Midlands should be considering the individual needs of their employees rather than adhering to formulaic ‘one-size-fits-all’ policies during the summer months, according to PwC. Talent and reward specialists at the firm are advising managers to be flexible to the needs of their employees who make...
UK business leaders are calling for the Government to prioritise initiatives that help foster a skilled workforce as nearly two thirds of UK CEOs (65%) say a lack of key skills is hampering their growth prospects. A global PwC survey of over 1,300 CEOs reveals UK business leaders are more...
The majority of private businesses in the West Midlands are optimistic about the future business environment, believing it will improve over the next three years, according to a poll conducted by PwC in the Midlands at a recent forum dinner. The dinner brought together some of the region’s leading private...
More than one in ten businesses in the Midlands (11%) report that confidential information is being lost or leaked from their organisation on a daily basis, according to research published by the Department for Business, Innovation and Skills (BIS). The 2013 Information Security Breaches Survey included 121 Midlands-based businesses. Based...
Kevin Nicholson, head of tax at PwC, said: "The Public Accounts Committee has highlighted some important points in the current debate about tax. There is clearly scope for modernisation of an international tax system that is outdated for today’s business world, and we support reforms that will help build trust...
The millennial generation of workers in the Midlands, those born between 1980 and 1995, would choose workplace flexibility, work/life balance and the opportunity to work overseas over financial rewards, according to a PwC study conducted in conjunction with the London Business School and the University of Southern California. According to...
Fifteen companies from the Midlands have earned places on the 14th annual Sunday Times PwC Profit Track 100. The league table ranks Britain’s privately-owned companies with the fastest-growing profits over the last three years of available audited accounts‡, and is published this weekend. The 15 companies (the same number as...
Private equity (PE) backed companies in the Midlands say that their PE backers are more willing to finance their strategic growth plans than more traditional lenders, according to PwC. According to PwC’s survey of nearly 100 PE-backed companies in the UK, 74% of private equity-backed companies say that their PE...
PwC has been recognised as one of the UK's most responsible businesses in Business in the Community's annual benchmark, the Corporate Responsibility(CR) Index. PwC is one of only 31 companies to be awarded the highest rating - a Platinum Big Tick. Gaenor Bagley, partner, PwC said: “The Platinum Big Tick...
In a quarter that has seen more major high street retailers enter administration, insolvencies in the Midlands have fallen significantly compared to previous recent quarters. In total there were 326 insolvencies in the first three months of 2013 in the West Midlands, down from 405 in Q4 2012 and 489...
PwC comments on the Cranfield School of Management’s report that shows progress has stalled in appointing more women to board-level roles in the UK’s top companies. Dawn Nicholson, HR consulting partner at PwC, said: "As with any new initiative, it is sometimes easier at the outset to get commitment and...
PwC has strengthened its private business practice in the East Midlands with the appointment of private client specialist, Lucas Harding-Cox. Based at the firm’s Castle Donington office, Lucas has moved back to the region after 10 years at the firm’s London office, where he developed strong expertise working with entrepreneurs...
Employment increases unexpectedly According to the latest CBI/PwC Financial Services Survey, activity in the sector rebounded strongly in the three months to March, with a robust rise in business volumes and an increase in profits. Profit growth was driven mainly by a further widening in spreads and an increase in...
The Bank of England’s Monetary Policy Committee (MPC) opted for another month of "wait and see", leaving interest rates at 0.5% and its quantitative easing (QE) programme unchanged at £375bn. Coming on the back of gloomy data on construction and manufacturing activity the decision surprised no one: recovery hopes are...
We have submitted our response to the Competition Commission’s provisional findings and possible remedies relating to the UK audit market for large listed companies. Richard Sexton, our head of reputation and policy said: “At this crucial stage of the commission’s investigation we see it is as vital that all interested...
