Malcolm Preston, PwC’s global sustainability and climate change leader, reflects on the results of a PwC poll which asked CEOs how important sustainable development is now and in the future, and what they're expecting from Rio+20. With less than a month to go to the landmark Rio+20 United Nations Conference...
By John Hawksworth, PwC UK, Chief Economist At the end of April the Office for National Statistics (ONS) published, for the first time ever, official statistics on the total obligations of all UK pension providers, including the government. At the end of 2010, these obligations – which also represent the...
Over the course of the current decade the world will experience dramatic changes in its demographic profile as the figure below shows. Industrialised countries in the Northern hemisphere are expected to see their populations age and exit the labour force – an inevitable consequence of declining fertility levels and increased...
A European Court of Justice (ECJ) ruling means that foreign investors in French companies should not be liable to pay a discriminatory withholding tax on dividends. PwC estimates that this case will result in tax refunds to UK corporates of up to €5bn, with overall Europe-wide claims possibly amounting to...
When Highland Airways went into administration in March 2010 with the appointment of PwC, no-one would have predicted the global profile one of its planes would go on to have. Learjet G-UIST – which was sold by the administrators in 2011 - is set to appear in this summer’s big...
As the sun rises on Tuesday 29 May 2012 Northern Ireland taxpayers can rejoice; it’s Tax Freedom Day; when the average UK citizen has finally earned enough to pay their taxes… now they start working for themselves. For 149 days since 1 January 2011, every penny earned by the average...
Northern Ireland’s average residential property prices tumbled by 13% in the 12 months to the end of March 2012, according to a new report. Land & Property Services (LPS), assisted by the Northern Ireland Statistics & Research Agency (NISRA), released the first Northern Ireland Residential Property Price Index report today...
The rate of UK inflation fell in April to its lowest since February 2010, but is still stubbornly above the Bank of England’s 2% target. Today’s Consumer Prices Index (CPI) measure fell to 3% from 3.5% in March, according to the Office for National Statistics (ONS), while the Retail Prices...
Stephen Cave, a director with PwC’s Business Recovery Services in Belfast asks if insolvency really is the end of the road for a business. Aquascutum, Game and Rangers Football Club have all experienced it; and during 2011, so too did more than 380 local businesses in Northern Ireland. Insolvency is...
Many top management reward packages have become so complex that they no longer motivate the executives they are aimed at. That’s the key finding from new research conducted by PwC in conjunction with the London School of Economics and Political Science. The research found that many of the features of...
