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53 press releases from November 2008

28 November 2008

Paul Davies joins PricewaterhouseCoopers LLP

Paul Davies, previously UK head of tax at Ernst & Young (July 2006 – November 2008), is joining PricewaterhouseCoopers LLP (PwC). Paul will join PwC...

Franked Investment Income Group Litigation Order judgment puts an end to UK’s complex double tax relief rules

The High Court judgment in the long awaited Franked Investment Income Group Litigation Order (FII GLO), on taxation of foreign dividends and foreign income dividends,...

26 November 2008

Pre-Budget Report 2008: empty property rate assistance leaves speculative developers in the cold

In response to the Chancellors Pre-Budget report, and the government confirming that there will be limited rates assistance for owners of empty properties with a...

25 November 2008

Pre-Budget Report 2008: pensions cap means double hit for high earners

In response to the announcement made in the Chancellor of the Exchequer’s Pre-Budget Report on the increase in tax rates for high earners to 45p...

Pre-Budget Report 2008: concern for entrepreneurial business

In response to the announcements made in the Chancellor of the Exchequer’s Pre-Budget Statement, Alex Henderson, tax partner at PricewaterhouseCoopers LLP, said: “Now they have...

Pre-Budget Report 2008: implications for the insurance industry

In response to the announcements made yesterday in the Chancellor of the Exchequer’s Pre-Budget Report, Anne Hamilton, insurance partner, PricewaterhouseCoopers LLP, said: "PricewaterhouseCoopers LLP welcomes...

Pre-Budget Report 2008: Pensions changes impact both the highest and lowest earners

In response to the announcements made in the Chancellor of the Exchequer’s Pre-Budget Report on changes to annual and lifetime allowances and the new top-rate...

Pre-budget report 2008: PwC reaction to insolvency proposals for investment firms

Following the announcement in yesterday's Pre-Budget report that the government will be seeking to introduce, by secondary legislation, a new special insolvency procedure for investment...

24 November 2008

Pre-Budget Report 2008: Restoring confidence in the UK financial services sector

In response to the announcements made today in the Chancellor of the Exchequer’s Pre-Budget Report, John Hitchins, UK banking leader, PricewaterhouseCoopers LLP, said: "PwC welcomes...

Pre-Budget Report 2008: Status quo on green taxes and incentives

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report on environmental taxes, John Manning, UK tax and environment leader,...

Pre-Budget Report 2008: Impact of income tax and National Insurance changes on global mobility

In response to the announcements made today in the Chancellor of the Exchequer’s Pre-Budget Report, Sean Drury, international mobility partner, PricewaterhouseCoopers LLP, said: “With the...

Pre-Budget Report 2008: The Chancellor misses an opportunity to expand REIT regime and attract institutional investment in housing says PricewaterhouseCoopers LLP

The Chancellor’s pre-Budget decision to stop those businesses with insufficient rental income from third party tenants from converting to real estate investment trusts (REITS), will...

Pre-Budget Report 2008: supporting the asset management industry

In response to the announcements made today in the Chancellor of the Exchequer’s Pre-Budget Report, Tim McCann, director, PricewaterhouseCoopers LLP, said: "The last year has...

Pre-Budget Report 2008: £3 billion in capital investment brought forward

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report on bringing forward £3 billion in capital investment, Steve Beet,...

Pre-Budget Report 2008: VAT cut provides a consumer boost but a logistical problem for retailers

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report, Mike Bailey, tax partner, PricewaterhouseCoopers LLP, said: “The reduction in...

Pre-Budget Report 2008: Cautious welcome for short-term measures and concern for the long term

In response to the announcements made today in the Chancellor of the Exchequer’s Pre-Budget Statement, Mary Monfries, head of tax services for entrepreneurs, private companies...

Pre-Budget Report 2008: Short term wins, but will it be enough?

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report, Barry Marshall, UK head of tax, PricewaterhouseCoopers LLP, said: “As...

Pre-Budget Report 2008: £775 million in housing and regeneration investment brought forward

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report on increasing housing and regeneration funding by £775 million, Richard...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP warns that the decision against issuing Government sukuk may delay financial recovery in the UK

The Chancellor in his pre-Budget report concluded that issuing government sukuk (Islamic bonds) would not represent value for money. Although the situation will be kept...

Pre-Budget Report 2008: Personal finance

In response to the personal finance announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report, Clive Mackintosh, tax partner, PricewaterhouseCoopers LLP, said: “The...

Pre-Budget Report 2008: Introduction of dividend exemption in 2009 is putting UK business back on the right track internationally says PricewaterhouseCoopers LLP

The uncertainty of the taxation of foreign profits discussion has been of concern for UK businesses for nearly two years. Today’s announcement by the Chancellor...

Pre-Budget Report 2008: Darling throws Prudence to the wolves

In his Pre-Budget Report today, the Chancellor of the Exchequer announced a £20 billion fiscal boost to the economy in 2008/9 and 2009/10, pushing up...

Pre-Budget Report 2008: Taxpayers' Charter welcomed

PricewaterhouseCoopers LLP today welcomed the announcement by the Chancellor to the Exchequer that a Taxpayers' Charter will definitely be brought in. John Whiting, tax partner...

Pre-Budget Report 2008: £5 billion increase in efficiency savings

In response to the announcement made today in the Chancellor of the Exchequer’s Pre-Budget Report on the increase in the efficiency savings target from £30...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP experts offer instant reactions

16:45 - Barry Marshall, UK head of tax, says: "The Chancellor announced a significant number of initiatives intended to support the economy - more than...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP experts available for comment

The following experts from PricewaterhouseCoopers LLP are available to offer analysis and comment on the Chancellor of the Exchequer’s 2008 Pre-Budget Report speech – due...

23 November 2008

Pre-Budget Report 2008: Any fiscal stimulus must be short-term, carefully targeted and combined with tight control of public spending in the medium-term

In advance of the Pre-Budget Report (PBR) on Monday 24 November 2008, PricewaterhouseCoopers LLP (PwC) warns that any fiscal stimulus package announced in the PBR...

20 November 2008

Investment and analysis pay dividends in diversity journey at PricewaterhouseCoopers LLP

Female leadership pipeline programme reaches three year milestone Twenty percent of the firm’s female leadership programme admitted to partnership Twenty-nine percent of new partner admits...

19 November 2008

CEOs call for credit crunch style action in response to climate change as the UK begins £54m carbon auction

PricewaterhouseCoopers LLP has joined with the Copenhagen Climate Council and prominent CEOs to call for greater international collaboration, tougher standards and more investment in low...

UK law firms enjoy another record year but face the major challenge of managing in the economic downturn

The UK’s Top 10 law firms enjoyed another year of record results in 2008, breaking away from the other firms in terms of financial performance,...

Electric vehicles sparking interest says PricewaterhouseCoopers

Due to the progress of enabling technologies and a host of positive drivers, pure electric vehicles (PEVs) are garnering plenty of attention from manufacturers and...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP race card of predictions

This year’s Pre-Budget Report (PBR) is less than a week away (Monday 24 November 2008) and it seems increasingly likely it will bring some tax...

14 November 2008

London hotels set for a rollercoaster ride as they face worst economic conditions in 15 years

But still no shortage of new brands and operators wanting to experience the ride The drop appears steep for London hotels poised at the top...

13 November 2008

Graduates face career crunch in economic downturn

81% of students and graduates are more concerned about job prospects Banking and finance remain top sector preferences for jobs despite turmoil 42% expect less...

12 November 2008

Pre-Budget Report 2008: Getting UK enterprise back on track

Mary Monfries, head of tax services for entrepreneurs, private companies and private clients (EPC) at PricewaterhouseCoopers LLP, shares her thoughts on the top ten things...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP urges public sector leaders to anticipate financial pressures and seek opportunities

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24th...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP urges housing sector leaders to anticipate financial pressures and seek opportunities

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24th...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP urges healthcare sector leaders to anticipate financial pressures and seek opportunities

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24th...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP urges local government leaders to anticipate financial pressures and seek opportunities

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24th...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP experts available for comment

The following experts from PricewaterhouseCoopers LLP are available to offer analysis and comment in the lead up to, and on the day of, the Chancellor...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP urges education sector leaders to anticipate financial pressures and seek opportunities

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24th...

Pre-Budget Report 2008: PricewaterhouseCoopers LLP calls for a PBR that will revive business confidence

PwC Perspective: Getting the UK back on track In response to today’s announcement that this year’s Pre-Budget Report (PBR) will take place on Monday 24...

11 November 2008

Paying Taxes 2009: New report finds that 21st century economies can benefit from simpler business tax systems

A new report by the World Bank, IFC and PricewaterhouseCoopers, shows that tax authorities worldwide are overhauling tax systems by reducing taxes, streamlining administrative processes...

10 November 2008

PwC survey of Turnaround Directors reveals it is a tougher challenge to save ailing companies

The downturn has made it more difficult to rescue ailing businesses according to 75% of respondents of a survey by PricewaterhouseCoopers LLP of its Turnaround...

New life expectancy data for pension schemes highlights financial impact of longevity risk

Latest data shows UK defined benefit pension liabilities could be overstated by up to £30bn Blind adoption of new data could lead to a serious...

07 November 2008

PwC highly commended at the Women of the Future awards

PricewaterhouseCoopers LLP has being highly commended in the corporate award category at the annual Women of the Future Awards in London, the only big four...

PwC reaction to national corporate insolvency statistics

"As we discovered from our own analysis yesterday, there has been a marked increase in the numbers of insolvencies in the third quarter of 2008,...

PwC comments on bankruptcies hitting record high

Figures released today by the Government’s Insolvency Service revealed that levels of personal insolvency in the UK have increased in the third quarter of the...

06 November 2008

PricewaterhouseCoopers LLP appointed administrator to Royal Worcester & Spode Ltd

Matthew Hammond, Rob Hunt and Mike Jervis of PricewaterhouseCoopers LLP were appointed joint administrators to Royal Worcester & Spode Ltd (‘the company’) on Thursday 6...

PwC stats show impact of credit crunch starting to hit home as UK insolvencies rise by 40%

In advance of tomorrow’s national insolvency statistics issued by the insolvency service, PricewaterhouseCoopers LLP conducted its own analysis into corporate insolvencies and found that the...
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