277 posts categorised "Press releases"

27 November 2014

Belfast is the sixth most attractive UK city for life and work.

Belfast is the UK city that has demonstrated the single greatest improvement since the 2007-9 recession, according to a new report from PwC and think tank Demos. Their 2014 Good Growth for Cities index also says that, by combining factors including economic performance and quality of life, Belfast is sixth...

26 November 2014

Consultation launched on 2015/16 Draft DHSSPS Budget

Public consultation on the 2015/16 Draft Budget for the Department of Health, Social Services and Public Safety (DHSSPS) has commenced today [26 November 2014]. The purpose of this consultation document is to set out the impact of the Draft Budget for DHSSPS spending and savings proposals for the 2015-16 year....

21 November 2014

UK slips down global tax league, but remains in the world’s Top-20

The latest annual PwC, World Bank and IFC, Paying Taxes study shows that the UK has fallen two places to 16th place in a league table of 189 countries, worldwide. That’s still two places up on 2011 when the UK was in the number 18 spot. The Republic of Ireland...

20 November 2014

Northern Ireland R&D spending hits record high

Northern Ireland saw the highest ever Research and Development (R&D) expenditure in 2013. Total R&D spend in cash terms was up by 3% from £624 million in 2012 to £645 million in 2013. This was equivalent to a 2% increase in real terms. Over the year, total Business R&D expenditure...

Retail sales up, but growth trend is slowing

UK retail sales rose by 0.8% October as compared with September, according to data from the Office for National Statistics (ONS), published today. ONS said that sales were up 4.3% in October 2013 and there was growth across all retail sectors. Commenting on the ONS figures, Dr Esmond Birnie, PwC’s...

12 November 2014

Falling consumer spending and low productivity will slow Northern Ireland’s recovery

Northern Ireland’s economic growth is set to slow over the next 12 months, according to the latest UK Economic Outlook (UKEO) from PwC, published today [12 November 2014] PwC says that Northern Ireland’s economic growth in 2014 - forecast as around 2.2%, is being largely driven by consumer spending, rather...

10 November 2014

Companies failing to measure cost and value of employees working overseas.

Businesses invest millions sending employees on global assignments but often don’t measure either the cost or the return on their investment, according to a new report from PwC. Consequently, nearly six in ten organisations say their global mobility programmes currently do not deliver value for money. PwC’s Modern Mobility report...

06 November 2014

Landmark ruling means it’s time to look again at holiday pay

Craig Harrison, a tax and reward expert with PwC in Northern Ireland looks at yesterday’s Employment Appeals Tribunal ruling that non-guaranteed overtime payments should be taken into account when calculating holiday pay. UK workers have won a landmark Employment Appeal Tribunal (EAT) case that potentially requires employers to include overtime...

05 November 2014

PwC Northern Ireland headcount hits 1,000 – with more to come.

PwC’s Northern Ireland employee numbers have now topped 1,000, having increased by over 300 inside the past two years. The latest intake of 30 new staff, fresh from their induction training, takes current employee numbers to 1,020. PwC has two offices in Northern Ireland, at Waterfront Plaza in Belfast and...

03 November 2014

Living Wage increase leaves Minimum Wage 21% behind

The UK Living Wage has today been raised from £7.65 to £7.85 and from £8.80 to £9.15 in London, contrasting with the National Minimum Wage of £6.50. The new rate – which is a voluntary pay threshold paid by around 1,000 UK employers - was announced at the start of...