353 posts categorised "Press releases"

28 August 2015

UK growth remains steady, but Northern Ireland lags pace of national recovery.

The UK economy grew by 0.7% in the second quarter of 2015, according to the Office for National Statistics (ONS). As expected, ONS made no change to their earlier estimate of growth for the three months to June, which reflected a sharp rise in oil and gas production. Commenting on...

13 August 2015

Record 41,000 applications to PwC’s student programmes

Across the UK, PwC received its highest ever number of applications this year, with over 41,000 students applying for over 2,400 graduate, school leaver, paid internships and work placement positions. This year, PwC recruited 2,415 mostly graduates, school and college leavers across the UK, with 327 of these (13.5%) joining...

11 August 2015

Top Northern Ireland tech firms selected for PwC’s Ignite programme.

Four of Northern Ireland’s most promising technology companies have been selected to join PwC’s prestigious Ignite accelerator programme. PwC’s Ignite programme was launched in April in a hunt to identify Northern Ireland’s most dynamic, technology companies and make them internationally competitive. And now the four companies: Ardbrin Ltd., Datactics Ltd.,...

06 August 2015

UK interest rates remain at 0.5% for record 78-months.

The Bank of England’s Monetary Policy Committee (MPC) has voted to hold UK interest rates at their record 0.5%. With the MPC members voting 8:1 vote in favour of holding rates at 0.5%, that makes 78 consecutive months of 0.5% UK interest rates. Today is the first time the monthly...

Productivity “single biggest challenge” to Northern Ireland’s recovery

Poor productivity remains the single biggest challenge to Northern Ireland’s sustained recovery, according to the latest economic assessment from PwC. PwC’s Northern Ireland Economic Outlook (NIEO) says that, while overall unemployment has fallen by over 10,000 since June 2014, it has remained the highest amongst the 12 UK regions for...

28 July 2015

N Ireland economy growing at about half the UK rate.

Today’s Office for National Statistics (ONS) data suggest the UK economy grew by 0.7% during the second quarter of 2015 – a significant improvement on the 0.4% growth in Q1 2015. Today’s first estimate of Q2 growth implies that overall UK growth in 2015 could be at least 2.5%, close...

24 July 2015

Northern Ireland economy still growing, but well behind rest of UK.

Commenting on today’s figures from DETI/NISRA's Northern Ireland Composite Economic Index, Dr Esmond Birnie, PwC Northern Ireland chief economist said: “The Index confirms a number of messages about the NI economy, the most important of which is that the economy is still growing, but considerably more slowly than the UK...

22 July 2015

Over half of UK of 20-39 year olds will comprise “Generation Rent” by 2025

By 2025, people in private rented accommodation may outnumber owner occupiers who are still paying off the mortgage on their house purchase, according to research from PwC. PwC’s latest UK Economic Outlook (UKEO), published today [22 July] says that, across the UK, household owner-occupation is projected to fall from a...

08 July 2015

Accelerated corporation tax payments a 'burden on business".

Commenting on the Chancellor’s proposal to accelerate corporation tax payments by large companies, Martin Fleetwood, PwC tax partner in Northern Ireland said: “This measure will increase government’s 'tax take' in 2017/18 by £4.5bn and 2018/19 by £3.2bn. “That amounts to a significant acceleration of tax receipts into the middle years...

Accelerated corporation tax payments a 'burden on business".

Commenting on the Chancellor’s proposal to accelerate corporation tax payments by large companies, Martin Fleetwood, PwC tax partner in Northern Ireland said: “This measure will increase government’s 'tax take' in 2017/18 by £4.5bn and 2018/19 by £3.2bn. “That amounts to a significant acceleration of tax receipts into the middle years...
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