Women in the UK are less likely to be in work, and will experience greater pay inequality than women in other developed countries. That’s according to PwC’s new Women in Work Index, which was published to coincide with International Women’s’ Day today, Friday 8 March. The report shows that in...
George Osborne will deliver the coalition’s fourth Budget on Wednesday 20 March 2013. He needs to give UK business the confidence to invest and its consumers the incentive to spend. But, as this week’s Spectator suggests, “if the Chancellor had a secret plan for growth, now would be a good...
By Esmond Birnie, Chief Economist in Northern Ireland When we refer to “the economy”, we tend to focus on the UK as the sum of everything that comprises the national economy. So, if we say that growth in 2013 will be around 1.1%, we’re not talking about a specific region,...
Alastair Geddes, director in PwC's oil and gas team New analysis from PwC, Shale Oil – the Next Energy Revolution, considers the potential impact of future growth in shale oil production on global oil prices and assesses how these changes could impact the wider economy, and the oil and gas...
Andrew Sentance, Senior Economic Adviser, PwC was previously member of the Bank of England’s Monetary Policy Committee and, about two years ago, he used the title of the classic 1970s Genesis album, “Selling England by the Pound” to highlight the way in which the weakness of sterling was pushing up...
PwC comments on the impact RPI for final salary pension schemes and pensioners In response to the announcement that the Office for National Statistics will not make any changes to the Retail Price Index (RPI) calculation, but will introduce a new inflation index know as RPIJ, Steven Dicker, pensions partner...
Following on the success of PwC’s Belfast RTI seminar, employers in the south and west of the region now have an opportunity to learn about RTI, first hand. Real Time Information (RTI) is the most fundamental change to the PAYE system in decades, but many Northern Ireland businesses aren’t ready....
Our UK chief economist, John Hawksworth looks at the small print of the Autumn Statement and explains how the latest OBR data gives the Chancellor a lucky escape from what appears to be higher than planned net public debt. At the time of the March Budget, the Office for Budget...
Today’s Autumn Statement delivers a net £100m of new capital spending, but does the Executive have enough big projects in Northern Ireland that are ‘shovel ready’ and can stem the continued haemorrhage in the local construction industry? And what about welfare spending, how will business fare... and will we see...
Barry Murphy, Tax Partner, gives his views on the Chancellor's speech today. which felt more like a Budget than an Autumn Statement. The Chancellor focused on how he will boost UK business and our competitiveness in an international environment. To pay for this he's targeting those he says can afford...