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Latest press releases

02 December 2016

Average UK Adult to spend £280 on Christmas gifts this year- PwC

The average UK adult expects to spend around £280 on Christmas gifts this year according to a survey conducted for PwC. The results also show... Read more

01 December 2016

UK pension funding deficits remain at nearly one-third of UK GDP, despite recovery of £50bn in November 2016 according to Skyval Index

Allowing longer periods to repair pensions deficit could reduce strain on economy For some pension funds, not tackling volatility of deficits could miss practicalities of... Read more

30 November 2016

PwC comments on Bank of England stress tests results

Commenting on the Bank of England's stress tests results today,   James Hewer, UK stress tests leader and partner at PwC said:   "Today's stress... Read more

29 November 2016

PwC's UK ​family governance leader comments on the Green Paper on Executive Pay and Corporate Governance Reform

Clare Stirzaker, UK ​family governance leader at PwC, said: "​ Family businesses are increasingly anxious to ensure that good governance can enhance both business performance... Read more

PwC welcomes the Green Paper on Executive Pay and Corporate Governance Reform

Fiona Camenzuli, partner in PwC’s Reward & Employment team, said: “Two thirds of people think executive pay is too high, so we support the Government’s... Read more

25 November 2016

GDP data, November 2016 - PwC comments

In response to the latest GDP data released today, John Hawksworth, chief economist at PwC, commented: "There was no change in the headline estimate that... Read more

24 November 2016

PwC comments on EU's proposed changes to finalise Basel III and start implementing Basel IV

Earlier this week , the European Commission published its first proposals for revised rules to calibrate capital and liquidity requirements – in the form of... Read more

23 November 2016

PwC comments on new National Productivity Investment Fund

John Hawksworth, Chief Economist at PwC, commented: "The government is planning a total of £23 billion of additional capital investment, over and above previous plans,... Read more

Autumn Statement 2016 – PwC comments on fuel duty and salary sacrifice re exemption for ultra-low emission vehicles

Fuel duty Phil Harrold, automotive partner, PwC, said: “Recent fuel price rises driven by the deterioration of the £:$ exchange rate have not been exacerbated... Read more

Autumn Statement - PwC comments on interest deductibility proposals for banks

Commenting on interest deductibility proposals for banks, Peter Maybrey, banking and capital markets partner, PwC said: "Supporting the competitiveness of the UK's banking sector is... Read more

Autumn Statement 2016 - PwC comments on devolution

Commenting on today's Autumn Statement, Chris Buttress, Devolved and Local Government Leader at PwC, said: “To help regions in the UK fulfill their economic potential,... Read more

Autumn Statement - PwC comments on VAT related measures

Commenting on VAT-related measures in the Autumn Statement, Johnathan Davies, tax director, at PwC, said: "The majority of announcements were confirmations that the Government will... Read more

Autumn Statement 2016 - PwC comments on the impact for private businesses

(Mainly) expected changes for private businesses and their owners Dipan Shah, partner and London private business leader at PwC, said: "In uncertain times following the... Read more

Autumn Statement - PwC comments on R&D credit regime

Angela Browning, research & development tax director, at PwC said: "The commitment to innovation and productivity plays to the UK's strengths - we're a big... Read more

Autumn Statement 2016 – PwC comments on environmental tax measures

Commenting on the carbon price support announcement in today's Autumn Statement, Jayne Harrold, UK environmental tax leader at PwC, said: “The stability and certainty of... Read more

Autumn Statement 2016 - PwC comments on bringing non resident companies into the corporation tax regime

Bringing non resident companies into the corporation tax regime - big impact on property companies Alex Henderson, tax partner at PwC, comments "Companies that don't... Read more

Autumn Statement - PwC's chairman responds

Commenting on today's Autumn Statement, Kevin Ellis, chairman and senior partner at PwC, said: "The Chancellor's commitment to innovation and infrastructure is positive news. We... Read more

Autumn Statement 2016 - PwC comments on pensions

Steven Dicker, pensions partner at PwC, said: "The retention of salary sacrifice for pension contributions is a welcome support to retirement saving. However, with no... Read more

Autumn Statement 2016 - PwC comments on review on stamp duty regime for share transactions

The Government has announced that it has asked the Office of Tax Simplification to review the stamp duty regime for share transactions and consider areas... Read more

Autumn Statement - PwC comments on the impact for UK tech startups

Natalie Langley, fast growth companies director at PwC, said: "In this Autumn Statement, the government has again highlighted the importance of fast growth tech companies... Read more

Autumn Statement 2016 - PwC compares whiplash savings to IPT rises

Comparing savings for consumers on motor insurance, Mohammad Khan, UK general insurance leader at PwC, commented: "Consumers can expect to save around £40 on their... Read more

Autumn Statement – PwC comments on the impact of salary sacrifice changes

John Harding, employment tax partner at PwC, said: “These changes will lead to increased complexity and costs for employers who want to remain competitive by... Read more

Autumn Statement – PwC comments on business rates

Phil Vernon, business rates leader at PwC, said: “There were some welcome announcements for business rates with a new 100% relief for new full-fibre infrastructure... Read more

Autumn Statement - PwC Comments on infrastructure investment

Commenting on today's Autumn Statement, Neil Broadhead, Head of UK Infrastructure, PwC said: "The Chancellor’s commitment to allocate £1 billion to small “shovel-ready” schemes like... Read more

Autumn Statement 2016 - PwC comments on the impact for SMEs

Dipan Shah, partner and London private business leader at PwC, said: “Overall the tax changes for small businesses were what we expected, with the reductions... Read more

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