The last sixty years have brought massive social and economic changes in Northern Ireland with average weekly salaries for men rising from £6.25 to £463.50 according to the latest Jubilee analysis by PwC. As retailers stock up for the occasion, London’s Mayor, Boris Johnson, has even highlighted that one of...
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...
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...
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...
61% of entrepreneurs believe negative attitudes to failure hold UK entrepreneurship back 60% think US investors are more ready and willing to embrace risk than their UK counterparts Research by PwC into the Venture Capitalist (VC) funding environment for the UK technology industry has sought to dispel some myths and...
The number of people in Northern Ireland claiming unemployment benefit rose by 700 in April to 62,500, according to claimant count figures released today. That 1.1% increase in local claimant count unemployment was in contrast with overall UK unemployment, where the jobless total fell by fell by 13,700 in April...
Someone born today is unlikely to receive their state pension until they reach 77, according to new projections from business advisors, PwC And as their working life gets longer, so too will that of their children, who will probably still be working into their mid 80s. It’s planned that the...
PwC has been confirmed today [15 May 2012] as acting advisors to Infratil in the sale of Glasgow's Prestwick Airport. It remains advisors in the sale of Manston Airport in Kent, also owned by Infratil, an owner and operator of businesses in the energy, airport and public sector transport sectors....
The Bank of England’s monetary policy committee (MPC) held interest rates at their record low of 0.5% and voted against increasing its £325bn programme of quantitative easing (QE). The MPC decision came despite fears for the UK’s fragile economy after last week’s provisional data saw the economy return to recession,...
As sterling hit a 42 month high against the euro, the government today revealed its plans for the next session of parliament. With travellers now happy to get €1.20 to the £ Sterling, PwC's Northern Ireland chief economist Dr Esmond Birnie, says local exporters are much less impressed: “Recent events...
