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53 press releases from April 2009

30 April 2009

Diversity is in the DNA of Opportunity Now award winners PwC

Judges at the Opportunity Now awards called for diversity to be in the DNA of every business, reflecting the success of the nominees and double...

City welcomes new graduates in spring recruitment drive for major firm

125 graduates start at PricewaterhouseCoopers LLP 43% to join the financial services team in London 125 graduates have joined the UK’s top graduate employer, PricewaterhouseCoopers...

PwC research shows UK insolvencies continue to rise - understanding scheme security is increasingly critical for pension trustees

5,483 organisations became insolvent in the first three months of 2009 Trustees in sectors hit hardest by the recession, including manufacturing, retail and construction, face...

28 April 2009

PricewaterhouseCoopers recognised as a leader in information security and IT risk consulting by latest Forrester research

PricewaterhouseCoopers LLP has been named a leader in the March, 2009 "The Forrester Wave™: Information Security And IT Risk Consulting, Q1 2009" report by Forrester...

Marathon effort for PwC's fastest runner

Over 50 employees at PricewaterhouseCoopers LLP, (PwC) participated in the London 2009 Marathon held last weekend. Nigel Rackham a director at PricewaterhouseCoopers LLP, came in...

27 April 2009

PwC: Road to recovery is long and winding for UK hotels

But will the Summer provide some respite? Early indicators show UK hotels, of all shapes and sizes are in for a rough ride over 2009,...

Extra prudence adds £60bn to pension scheme funding costs

Collaboration is key for scheme sponsors and trustees to avoid undue prudence and reach workable cash funding plans – PwC UK pension scheme funding report,...

24 April 2009

Administrators from PwC complete sale of Royal Worcester & Spode intellectual property to UK AIM listed company

The joint administrators to Royal Worcester & Spode Ltd (‘the company’) are pleased to announce they have completed a sale of the global intellectual property...

23 April 2009

Budget 2009: PwC comments on implications for local government

In response to the Chancellor of the Exchequer’s Budget yesterday, Steve Beet, partner and head of local government, PricewaterhouseCoopers LLP comments on the implications for...

PwC research shows UK insolvencies continue to rise – businesses still not adjusting to the downturn

EMBARGOED UNTIL 00:01 FRIDAY 24 APRIL The latest PwC analysis into corporate insolvency numbers show that the downturn is showing no signs of abating as...

Budget Report 2009: Salary sacrifice an increasingly attractive option following employment tax announcements

In response to the announcements made in the Chancellor of the Exchequer’s Budget, Matthew Hunnybun, partner, PricewaterhouseCoopers LLP, made the following comments on employment tax...

22 April 2009

Budget 2009: Personal tax accountability for senior accounting officers of large companies

One Budget surprise which will be of considerable interest to senior accounting officers of large companies (those companies not defined as medium or small) is...

Budget 2009: Fuel duty increase

In response to the announcements made today in the Chancellor of the Exchequer’s Budget regarding the increase in fuel duty by 2p per litre, Matthew...

Budget Report 2009: Naming and shaming of evaders

HM Revenue & Customs (HMRC) has announced that the Finance Bill 2009 will contain draft legislation allowing the public naming of taxpayers – individuals, businesses...

Budget 2009: A tax future for digital Britain

In response to the announcement made in the Chancellor of the Exchequer’s Budget Report to invest and support a digital future for Britain, Peter Cussons,...

Budget 2009: Launch of a Taxpayers’ Charter

The 2009 Finance Bill will contain draft legislation which requires HM Revenue & Customs (HMRC) to prepare and maintain a Taxpayers’ Charter. The Charter will...

Budget 2009: PwC comments on Government help for the housing market

In response to the announcements in today's budget on help for the UK housing market, Richard Parker, partner and head of housing, PricewaterhouseCoopers LLP comments...

Budget 2009: A clear long-term policy framework is needed to make the Carbon Budget ambitions credible

Today, the Government announced its first ever Carbon Budget alongside the fiscal Budget, with proposed greenhouse gas emissions reductions in the UK of 34% by...

Budget 2009: Yes to greater transparency, no to anti-competitive restrictions

Chancellor Alistair Darling’s call for financial stability in his Budget speech mentioned targeted action for individual financial institutions and further action including financial regulation particularly...

Budget 2009: Pensions tax relief

In response to the announcements made today in the Chancellor of the Exchequer’s Budget regarding plans to restrict tax relief on pensions for people earning...

Budget 2009: UK loses more of it charms as an international business base

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

Budget 2009: Disappointment for real estate investment trusts

Following the Chancellor of the Exchequer’s Budget Report today, Ros Rowe, tax partner, PricewaterhouseCoopers LLP commented: “The property industry will be extremely disappointed. Today the...

Budget 2009: Tax changes to enable the issue of sukuk by UK companies most welcome

In response to the announcement of tax changes to facilitate the issue of sukuk, Mohammed Amin, tax partner, PricewaterhouseCoopers LLP said: “We may now see...

Budget 2009: Further tax rises and spending growth reductions likely to be needed to fill fiscal gap in medium term

The Chancellor set out some plans to fill the fiscal gap in today’s Budget, but analysis by PricewaterhouseCoopers (PwC) suggests that further action is likely...

Budget 2009: PwC comments on Government £9 billion efficiency savings targets

In response to the announcement of a £9 billion efficiency savings target in the Chancellor of the Exchequer’s Budget, Jon Sibson, partner and head of...

Budget 2009: New top-rate income tax

In response to the announcements made today in the Chancellor of the Exchequer’s Budget regarding the implementation of a new top rate taxation of 50%...

Budget 2009: Dividend exemption 1 July 2009 welcome but interest cap proposals may hinder UK’s recovery

In response to the announcement made in the Chancellor of the Exchequer’s Budget Report to continue with the implementation of the interest cap proposals, as...

First wave of companies weathers the financial crisis

Research released by PricewaterhouseCoopers LLP shows that, despite anticipated problems with going concern, larger companies have grasped the nettle and survived the first round of...

Budget 2009: PricewaterhouseCoopers LLP experts offer instant reactions online

13:53pm Barry Marshall, UK head of tax, says: "The Chancellor has announced a number of tax and incentive measures which are designed to stimulate the...

PricewaterhouseCoopers LLP applauds Solvency II breakthrough

PwC welcomes the European Parliament's adoption of the Solvency II directive, as another major milestone passed on the way to implementation in 2012. We look...

21 April 2009

Budget 2009: Now is the time to start moving the UK economy from survival mode to recovery

With the Chancellor of the Exchequer due to give his Budget speech tomorrow, Barry Marshall, UK head of tax at PricewaterhouseCoopers LLP, is urging Alistair...

20 April 2009

Budget 2009: The PricewaterhouseCoopers LLP racecard

With the Chancellor of the Exchequer facing some distinctly heavy going as he saddles his trusty Budget steed ‘Redbox’, PricewaterhouseCoopers LLP offers some light-hearted odds...

Young people not yet changed attitudes to credit, but consumer borrowing is likely to fall for the first time in 16 years

A new survey by PricewaterhouseCoopers (PwC) reveals that many young people have not yet changed their behaviour and attitudes to credit, despite the economic downturn....

17 April 2009

Despite economic uncertainty, some emerging markets still attractive for UK investment, latest PwC index shows

UK companies should continue to keep an eye on the attractiveness of emerging markets and do their homework now so they are ready to make...

BVCA report shows marked slowdown in investment and fundraising by private equity and venture capital firms in 2008

Private equity and venture capital investment by UK-based firms in 2008 fell below £20bn for the first time since 2005 according to the BVCA’s forthcoming...

16 April 2009

Budget Report 2009: A Budget that supports business growth, entrepreneurial investment and job creation to boost long-term tax revenues

PricewaterhouseCoopers LLP (PwC) is urging the Chancellor of the Exchequer to use next week’s Budget to focus on measures that will help stimulate the UK’s...

Budget Report 2009: A ‘taking stock’ Budget with minimal changes for individual taxpayers

Any personal tax changes announced in the Budget must be targeted at making life simpler for taxpayers in these difficult economic times, says PricewaterhouseCoopers LLP...

15 April 2009

Forest, paper and packaging industry deal values fall by a quarter

According to a new report by PricewaterhouseCoopers (PwC), total deal value in the forest, paper and packaging (FPP) sector fell 23% to US$21.3bn in 2008,...

Britons carry on camping – whatever the weather

- But home is still where the heart is during the recession. - And booking patterns reflect a "wait and see" approach from consumers. In...

Lehman Brothers International (Europe) – in administration – 6 month update

The joint administrators of Lehman Brothers International (Europe) (“LBIE”) have updated the creditor community today with the issue of their progress report for the last...

14 April 2009

Recession takes its toll on women as they exit the City, threatening an equality timebomb for UK plc

The pipeline of female leadership for UK business could be reversed or irreparably damaged by the recession, with almost three quarters of City professionals in...

08 April 2009

Green agenda driving company car policies as Gordon Brown plans to make Britain a world leader in electric and hybrid cars

Over a third of companies (35%) now have a green transport plan One in three organisations place a CO2 emissions limit on choice of car...

London firm PwC named top finance employer for graduates for the first time

PricewaterhouseCoopers LLP, the professional services firm, has been named the finance sector graduate employer of the year in the annual Times High Fliers Top Graduate...

PricewaterhouseCoopers named the top employer for finance and accounting jobs

PricewaterhouseCoopers LLP have been named both the Accountancy and Finance sector employer of the year in the Times High Fliers Top Graduate Employers. The firm,...

07 April 2009

Pay and employment costs – PricewaterhouseCoopers LLP comment

News of further pay freezes and changes to employee reward and benefits packages in various industries, including auto, aviation and manufacturing, has shone a spotlight...

Sale of assets of Local Contract Hire & Leasing Limited and 1Car1.com Limited to Enterprise Rent-A-Car UK Limited

Steve Ellis and Mark Loftus of PricewaterhouseCoopers LLP are pleased to announce the sale of certain assets of Local Contract Hire & Leasing Limited and...

European IPO markets suffer their worst ever quarter

Europe’s Initial Public Offering (IPO) market has suffered its worst ever quarter with 18 listings in the three months up to 31 March raising just...

06 April 2009

London graduates fine tune their employability skills in the recession

PwC’s online employability skills clinic visited by 38,000 graduates Employability skills quiz taken by over 3,500 Employability guide downloaded by 10,000 A series of online...

03 April 2009

Recession graduates fine tune their employability skills with award winning help from PwC

PwC’s online employability skills clinic visited by 38,000 graduates Employability skills quiz taken by over 3,500 Employability guide downloaded by 10,000 A series of online...

Happy New Year – tax bills come down

The start of the new tax year on 6 April will see income tax bills reducing for most people says PricewaterhouseCoopers. This comes about through...
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