438 posts categorised "Press releases"

16 August 2016

For Shea McConville, earn while you learn offers a better career option than university

Shea McConville is predicted to get two ‘A’ and one ‘B’ grade in this week’s ‘A’ level exam results. But instead of opting for an accounting degree at Ulster University or Nottingham Trent University, Shea has chosen to join PwC in Belfast as a Higher Apprentice. Shea told the Sunday...

Northern Ireland property prices static, but inflation creeps upwards.

Average property prices in Northern Ireland are a little over half (57%) the UK average, according to housing data from the Office for national Statistics, published today. At £123,000, average property prices in Northern Ireland remained static over the three months to June 2016, but demonstrated a 7.8% increase over...

04 August 2016

Record low interest rates and more quantitative easing - so what's the impact on Northern Ireland?

The Bank of England’s Monetary Policy Committee (MPC) today voted to cut interest rates for the first time in more than seven years. That decision takes UK interest rates to 0.25%, from the previous all-time low of 0.5% The Bank also dusted-off its quantitative easing (QE) programme with a commitment...

01 August 2016

Belfast blockchain team helping to drive insurance market transformation.

New research from Long Finance, PwC and Z/Yen, shows the wholesale insurance market is enthusiastic about implementing blockchain solutions. PwC’s Belfast-based Blockchain technology team and Z/Yen undertook the global survey of the industry and interviewed leading thinkers around the world to create a common view of the potential benefits that...

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...
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