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41 press releases from March 2009

31 March 2009

G20 leaders must sow the seeds of recovery in a low carbon economy, not create the next bubble

As G20 leaders gather for the London Summit, the World Economic Forum’s Taskforce on Low Carbon Economic Prosperity launched today warned that world leaders “must...

30 March 2009

Budget Report 2009: PricewaterhouseCoopers LLP experts available for comment

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

Financial services cut jobs as incomes and business levels fall sharply

The UK financial services sector has been hit by record drops in income levels while business volumes have continued to fall sharply, a new survey...

26 March 2009

PricewaterhouseCoopers LLP welcomes the compromise reached on level 1 framework directive on Solvency ll

PricewaterhouseCoopers LLP welcomes the compromise reached on the Level 1 Framework Directive for implementation of Solvency II by the European Commission and believes this makes...

Don’t be an April fool – understand how HMRC’s new powers will affect you from 1 April 2009

Taxpayers should be prepared for significant changes to HM Revenue & Customs’ (HMRC) powers from 1 April 2009, warns PricewaterhouseCoopers LLP (PwC). In less than...

CEOs and Government officials call for faster international dialogue on managing economies, reveals PricewaterhouseCoopers LLP study

As the economic crisis bites and as G20 leaders prepare for the London Summit next week, the latest PricewaterhouseCoopers LLP (PwC) study reveals that CEOs...

25 March 2009

Pay cuts and freezes in automotive sector - PwC comment on reducing employee reward costs and flexible working

Following news of further pay cuts in the automotive industry, PricewaterhouseCoopers LLP (PwC) reward, human resources and automotive experts are available for comment. Talking about...

24 March 2009

PwC rugby team go for glory in City Scrum 2009

PwC's rugby elite take on the best of the rest for the 'City Scrum 2009' cup at the Honourable Artillery Company in Moorgate on Wednesday...

Dot com diet keeps telecoms in good shape

EMBARGOED FOR 00:01 TUESDAY 24 MARCH But are telecoms deals past it as debt levels mature? Telecoms M&A market has recalled the lows of the...

23 March 2009

Global survey of 1,100 CEOs reveals business leaders are struggling to balance talent retention and cost reduction

Availability of skills has fallen from the number one challenge facing CEOs in 2008 to number seven this year; one in four CEOs globally are...

Asia Pacific financial services firms adapt to new terrain and maintain a cautious optimism to M&A

Asia Pacific financial services firms are actively investigating expansion opportunities and maintaining a cautious optimism towards M&A, according to the latest data from a survey...

A hybrid carbon tax and trading scheme could stimulate more private sector investment to tackle climate change

A dramatic increase in low carbon investment is needed to avoid irreversible climate change – of the order of US$500bn per year according to some...

22 March 2009

Mother's day postponed in the recession for City women?

Mother’s day could be put on hold for many over the next three years according to a recent survey by PricewaterhouseCoopers LLP. 10% of the...

20 March 2009

Weavering Macro Fixed Income Fund Limited – in liquidation

Insolvency practitioners from PricewaterhouseCoopers have been appointed as liquidators of Weavering Macro Fixed Income Fund Limited (‘the Fund’), a hedge fund specialising in fixed income...

19 March 2009

Sale of Smallbone plc from administration saves over 400 UK jobs

On 19 March 2009, Rob Lewis and Mark Shires of PricewaterhouseCoopers LLP were appointed as administrators to Smallbone plc and its UK subsidiaries, Smallbone &...

Government involvement drastically reshapes the landscape of European financial services M&A, according to PwC

The financial crisis has had a profound impact on patterns of M&A in financial services (FS) across Europe during 2008, reversing many well-established trends in...

18 March 2009

PricewaterhouseCoopers LLP welcomes Turner Review, London must be at the forefront of regulatory change

PricewaterhouseCoopers LLP welcomes many parts of the Turner Review. It is encouraging that Lord Turner appears determined to restore confidence in London as the leading...

Londoner wins Unsung hero award

John Major City worker has been named the Unsung Hero of the City, following a London-wide search for a winner. John works as security concierge...

Local Contract Hire and Leasing Ltd (T/A 1car1) – in administration

Steve Ellis and Mark Loftus of PricewaterhouseCoopers LLP were appointed as joint administrators to Local Contract Hire and Leasing Ltd (trading as 1car1) on 18...

17 March 2009

Dennis M. Nally Selected As Global Chairman of PricewaterhouseCoopers

NEW YORK – 17th March 2009 -- Dennis M. Nally has been elected Chairman of the PricewaterhouseCoopers International Network for a four year term beginning...

Spring clean your finances as the new tax year approaches

As the recession continues, and the new tax year 2009/10 approaches (April 6), now more than ever is the best time to take stock, review...

New global leader for tax sustainability and climate change appointed at PricewaterhouseCoopers

PricewaterhouseCoopers has appointed tax partner Mark Schofield to lead its global sustainability and climate change tax network as part of the firm’s global tax strategy...

16 March 2009

Credit crunch wipes out an average of £40,000 of wealth per adult in the UK

The deepening credit crisis has erased around £1.9 trillion of UK household wealth since July 2007, according to analysis by PricewaterhouseCoopers LLP. In total, wealth...

London’s share of European IPOs rises despite a dismal year for the markets

London continued to be the most successful European market for Initial Public Offerings (IPOs) in 2008 with an increased market share by offering value of...

13 March 2009

New Leader for PwC Charities Team

PricewaterhouseCoopers LLP today announced Liz Hazell as new leader for the provision of services to the charity sector across all lines of service, replacing Bob...

Transparent and honest communication key for winners at PLC Awards 2008 – as PLCs receive a much needed boost

At the annual UK Plc awards ceremony and dinner on Thursday 12 March at London’s Grosvenor House Hotel 8 UK Plcs received a much needed...

12 March 2009

Department for Work and Pensions 2012 draft regulations published today – PricewaterhouseCoopers data and comment

Two-thirds of UK companies concerned about the impact of pensions auto-enrolment New duties will increase employer costs and require changes to existing pension schemes, operational...

PwC preserve 167 jobs through AP Driveline Technologies Limited sale

Administrators from PricewaterhouseCoopers LLP are pleased to announce the sale of a significant proportion of the business and assets of AP Driveline Technologies Limited (AP...

11 March 2009

PwC Survey: European insurers look to their run-off portfolios as a way to release value in the current economic crisis

Over 60% of insurance businesses surveyed for a new report by PricewaterhouseCoopers LLP believe the financial crisis is a key issue for the European insurance...

10 March 2009

PricewaterhouseCoopers LLP sets out proposals to close £43 billion fiscal gap

The UK’s public finances are under severe strain due to the effects of the global financial crisis and the deepening UK recession with an estimated...

09 March 2009

Hard times check in as London room rates sink to £100

After the intense highs of the last few years room rates are now returning to levels last seen in 2005, as London hotels experience record...

Sun-seekers slash standards to suppress summer of discontent

- Consumers appear less willing to cut back on travel than in mid-2008 - Travel companies must react to holiday coping mechanisms Holidays remain sacred...

Boom time for white collar crime

PricewaterhouseCoopers LLP is warning its clients and the wider business community to prepare for the increase in workplace crime and fraud that will accompany the...

06 March 2009

PwC team drives firm’s Best Companies ranking into top ten

PricewaterhouseCoopers LLP, the UK’s largest professional services firm has been ranked seventh in the annual Sunday Times Best Big Companies to work for, up from...

“Take control of your destiny” urges female entrepreneur at PwC event

The PricewaterhouseCoopers LLP Women's Network has marked International Women’s Day with a live webcast and event attended by over 100 PwC employees and guests from...

05 March 2009

PricewaterhouseCoopers LLP advises businesses to plan for the deepest UK recession since the early 1980s

Economists at PricewaterhouseCoopers LLP (PwC) have warned that companies need to plan for a deep and prolonged recession. The main scenario in the latest PwC...

03 March 2009

Castlemore Securities - selected companies in administration

Mark Batten and Matthew Hammond of PricewaterhouseCoopers LLP were appointed joint administrators of Castlemore Securities Limited, Castlemore (Temple Quay 4) Limited, Britten Investments Limited, Spring...

Pensions Minister Rosie Winterton and PPF CEO Partha Dasgupta to address 250 delegates at PwC pensions conference

High tempo day of debate and discussion to be facilitated by PwC pensions experts with insight from Rosie Winterton and Partha Dasgupta Impact of findings...

02 March 2009

Two decades of underperformance for defined contribution schemes leaves employers and employees between a rock and a hard place

• Many defined contribution (DC) members’ pension pots now worth less than cash contributions to them • Employers facing dilemma between defined benefit (DB) schemes...

Companies fail to heed warning signs that could avoid administration, finds latest PwC poll

Turnaround professionals’ outlook on the economy is increasingly pessimistic, with 72.6% of those polled claiming it is now significantly harder to turn around failing companies...

01 March 2009

Metal products, financial services and hotels and restaurants identified as most vulnerable to the downturn in new PwC index

Metal products, financial services and hotels and restaurants identified as most vulnerable to the downturn in new PwC Index A new UK industry ranking by...
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