303 posts categorised "Press releases"

17 February 2015

January’s UK inflation lowest since 1959

Consumer price index (CPI) inflation fell to 0.3% in January – the lowest level since CPI records began in 1989. That’s a further fall on December’s 0.5% CPI and, according to Office for National Statistics (ONS) records; one has to go back to 1959 to find a year in which...

10 February 2015

UK will drop out of the world’s top 10 largest economies by 2050

The UK is predicted to drop out of the world’s top-10 largest economies by 2050, according to a new report from PwC. The World in 2050 report says that, over the next 35 years, global economic power will shift sharply away from the established, advanced economies in North America, Western...

27 January 2015

UK 2014 economic growth was fastest since 2007

The UK economy grew by 2.6% in 2014, the fastest pace of growth since 2007, according to data from the Office for National Statistics (ONS), published today. That was substantially ahead of the 1.7% growth in 2013, ONS said. However, growth appeared to slow in the final quarter of 2014,...

22 January 2015

Eurozone quantitative easing programme could challenge local exports

The European Central Bank’s (ECB) launch of a €60bn monthly quantitative easing (QE) programme could challenge Northern Ireland exports, according to PwC. The €60bn monthly asset purchases, intended to challenge Eurozone economic stagnation, will begin in March and last until the end of September 2016. PwC says the decision has...

20 January 2015

CEO confidence high, but skills remain a key concern- Global CEO Survey

The Chief Executive Officers (CEOs) of UK companies are the most confident in Europe and amongst the most confident in the world, according to PwC’s 18th annual Global CEO Survey. However, government regulation, skills shortages, political uncertainty and cybercrime are growing worries for business leaders across the world, regardless of...

19 January 2015

Dublin is Europe’s number two real estate hotspot for 2015

Dublin is forecast to be Europe’s second preferred location for real estate investment in 2015, according to the latest report from the Urban Land Institute (ULI) and PwC. The report, Emerging Trends in Real Estate® Europe 2015, says there has been a surge in demand for real estate investment opportunities...

14 January 2015

Does the lowest inflation on record amount to a ‘giant tax cut’ for households?

The latest figures from the Office for National Statistics (ONS) show the consumer price index fell to a record low of 0.5% in December with every possibility that it may fall further. If this trend continues, the UK may even be moving towards the situation in some parts of Europe...

08 January 2015

Northern Ireland Corporation Tax Bill published– let the debate begin

Today’s publication of the new Corporation Tax (Northern Ireland) Bill, is a welcome first step in bringing clarity and transparency to the corporation tax debate, according to PwC. The Secretary of State confirmed this morning that around 34,000 Northern Ireland companies – around half of the region’s VAT-registered undertakings –...

05 January 2015

UK to slow in 2015, but on track to be world’s 5th largest economy by 2017.

The PwC economics team has launched its latest monthly global economy watch for January 2015. This latest publication looks at the UK and global economies and makes a number of predictions for 2015 and beyond. Amongst the forecasts is that, despite a projected UK slowdown in 2015, the, UK appears...

31 December 2014

PwC responds to the Northern Ireland Executive’s Draft Budget 2015-16

PwC has submitted a comprehensive response to the Northern Ireland Executive’s Draft Budget 2015-16. The response recognises the difficulties that faced the Executive in agreeing a Draft Budget and acknowledges that, in the absence of agreement, the devolved administration may have come under threat. In that regard, PwC acknowledges that...