137 posts categorised "Publications"

06 August 2015

Productivity “single biggest challenge” to Northern Ireland’s recovery

Poor productivity remains the single biggest challenge to Northern Ireland’s sustained recovery, according to the latest economic assessment from PwC. PwC’s Northern Ireland Economic Outlook (NIEO) says that, while overall unemployment has fallen by over 10,000 since June 2014, it has remained the highest amongst the 12 UK regions for...

22 July 2015

Over half of UK of 20-39 year olds will comprise “Generation Rent” by 2025

By 2025, people in private rented accommodation may outnumber owner occupiers who are still paying off the mortgage on their house purchase, according to research from PwC. PwC’s latest UK Economic Outlook (UKEO), published today [22 July] says that, across the UK, household owner-occupation is projected to fall from a...

24 June 2015

Harnessing economic power of older workers could boost UK GDP by £100bn

If the employment rate for UK workers aged 55-69 matched that of Sweden, it could boost UK GDP by 5.4% or around £100 billion, according to new PwC analysis. Pro-rata and assuming that employment opportunities were available, that would deliver around an additional £2.5bn into the Northern Ireland economy. PwC’s...

22 June 2015

Why you can’t scare bankers into doing the right thing.

Employers in financial services who get tough about poor employee behaviours and performance may be fuelling a climate of fear that breeds even more unethical conduct - the opposite of what regulators, businesses and the public want. That’s according to a joint PwC and London Business School survey of more...

12 June 2015

Financial services firms failing to attract and retain women

A perceived lack of career opportunity means many women are leaving their jobs in financial services or avoiding joining the sector in the first place, according to a new PwC report. PwC’s report; Female millennials in financial services: strategies for a new era of talent, reveals that limited opportunity for...

10 June 2015

Does Scotland's economic policy have lessons for Northern Ireland?

Last year’s Scottish Independence Referendum and May’s General Election focused the spotlight on Scotland and the nation’s seeming willingness to take much greater responsibility for tax raising and fiscal management. PwC Northern Ireland chief economist Esmond Birnie asks if Scotland's economic policies have lessons for the Northern Ireland Executive as...

03 June 2015

Northern Ireland not immune as organisations face new cyber threats

The average cost to large organisations of the most severe online security breaches is least £1.46 million – more than twice the £600,000 average of just 12 months ago, according to research carried out by the Government and PwC. The Information Security Breaches Survey 2015, launched by Digital Economy Minister...

UK consumers set for £60bn entertainement & media spending spree

According to PwC’s latest Global Entertainment & Media Outlook 2015-2019, the UK Entertainment and Media (E&M) market will be worth £66.6bn by 2019 – a compound annual growth rate (CAGR) of 3.2%. In 2014, the UK market was worth £56.9bn - after Germany the second largest E&M market across Europe,...

02 April 2015

Northern Ireland economy- “times are tight, money is scarce, austerity is continuing.”

Northern Ireland continues to enjoy modest recovery and jobs growth, driven mainly by domestic consumption, according to the latest Northern Ireland Economic Outlook (NIEO) from PwC. The report says that job creation has returned to almost the pre-recession level with almost 24,000 new jobs in the past 24 months, while...

30 March 2015

Financial Services firms remain upbeat as profitability improves – CBI/PwC

Optimism across UK financial services rose strongly in the three months to March and profitability improved in most sectors, according to the latest CBI/PwC Financial Services Survey. However, despite overall business volumes continuing to increase, the pace of growth was the slowest in a year. Volumes were flat in banking...
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