434 posts categorised "Press releases"

27 July 2016

Pre-EU referendum GDP sees surprise jump to 0.6%

The UK economy actually accelerated in the immediate run-up to the EU referendum, according to provisional data from the Office for National Statistics (ONS), published today. The UK economy grew by an estimated 0.6% in the three months to the end of June, as compared to 0.4% in the first...

21 July 2016

Northern Ireland economy grew by just 0.7% past year.

The latest Northern Ireland Composite Economic Index (NICEI), from the NI Statistics and Research Agency (NISRA), says that the Northern Ireland economy grew by 0.4% in the first quarter of 2016 – roughly in line with UK GDP growth over the same period. However, that amounts to annual growth of...

20 July 2016

Unemployment continues to fall, but slowing growth may impact later.

Commenting on today’s Northern labour market data from the Northern Ireland Statistics and Research Agency (NISRA), Dr Esmond Birnie, PwC chief economist in Northern Ireland, said the numbers provided some reassurance around the state of the local jobs market. “Unemployment fell yet again in June when measured by both the...

19 July 2016

Northern Ireland should avoid recession – but it will be close.

The Northern Ireland economy should avoid recession as the EU referendum result leads to a further slowdown in the UK economy - but it will be close with local economic growth falling to a forecast 0.2% in 2017. That’s according to PwC’s latest UK Economic Outlook (UKEO), published today [Tuesday...

05 July 2016

Use of wearables in the workplace is halted by lack of trust – PwC research

The use of wearables in the workplace is being stalled by a lack of trust as people worry that their employer may use the data against them and not for their benefit, according to new PwC research. Despite an estimated 3 million people in the UK buying a wearable device...

29 June 2016

Three Northern Ireland finalists in UK Private Business Awards 2016

Two Northern Ireland organisations and one individual have made the shortlist for the sixth annual UK Private Business Awards. The finalists have been selected from over a thousand entries from private businesses across the UK and reflect the increasing diversity in the private business landscape. The Cookstown-based, Keystone Group has...

24 June 2016

EU Referendum- PwC comments on global mobility and employment

Commenting on the implications for global mobility and employment as a consequence of the UK leaving the EU, Ben Wilkins, partner at PwC, said: “The vote to leave the EU will have significant implications for businesses and their workforce, in a very wide range of areas from immigration and global...

EU referendum - PwC comments on the tax implications of leaving the EU

Commanting on the potential tax implications of the UK leaving the EU, Kevin Nicholson, head of tax at PwC, said: “Brexit will undoubtedly affect how people and businesses are taxed. The UK will now have more scope to use tax to help particular industries, regions, and groups of people. In...

EU referendum - PwC comments on the economic impact on the UK

Commenting on the likely economic impact of the UK decision to leave the UK, Andrew Sentance, senior economic adviser at PwC, said:   "The UK leaving the EU is potentially a big leap into the unknown, disrupting trade relationships with our most important and nearest trading partner and creating uncertainty...

Statement from Ian Powell, Chairman and Senior Partner of PwC regarding the UK’s decision to leave the EU:

Commenting on the outcome of the EU referendum, Ian Powell, chairman and senior partner of PwC said: "The UK’s decision to leave the EU will have significant implications for businesses and we are already working with our clients and people to support them as those implications are understood.   "History...
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