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37 press releases from November 2009

27 November 2009

SLP Engineering Ltd – in administration

Stephen Oldfield, Chris Pillar and Mark Shires were appointed joint administrators of SLP Holdings Ltd and its subsidiaries (together ‘SLP’) on 27 November 2009. SLP...

Copenhagen: with the US and China announcements, is the jigsaw finally coming together?

Promised reductions by US & China announced are great leaps forward. Other key pieces in Copenhagen jigsaw are finance & forestry. With these, will the...

26 November 2009

PwC welcomes Walker Review recommendations

PwC welcomes the Walker Review and specifically the contribution it will make to reforming the way financial services executives are rewarded The Walker Review, and...

25 November 2009

Walker Review and Combined Code – PwC comments

PricewaterhouseCoopers LLP (PwC) experts are available in advance of the publication of the Walker Review of corporate governance in UK banks and other financial industry...

Breakdown of revised Q3 GDP data suggests that economy should emerge from recession in fourth quarter, says PricewaterhouseCoopers LLP

This morning's revised GDP figures confirmed that the UK economy as a whole was still in recession in Q3 2009, with only a small upward...

Breakdown of revised Q3 GDP data suggests that economy should emerge from recession in fourth quarter, says PricewaterhouseCoopers LLP

This morning's revised GDP figures confirmed that the UK economy as a whole was still in recession in Q3 2009, with only a small upward...

Global insurance analysts express widespread dissatisfaction with current insurance financial reporting

Insurance analysts across the world believe that a lack of quality and consistency in current insurance reporting is increasingly leading to the under-valuation of a...

24 November 2009

First film to be made at Wales’ Dragon International Studios secures star-studded cast

Dragon International Studios (in administration) in South Wales is to provide the film location for a major new $20 million feature film with an acclaimed...

PricewaterhouseCoopers LLP announces acquisition of 90-strong consulting business

PricewaterhouseCoopers LLP (PwC) is pleased to announce the acquisition of corporate performance management (CPM) business Paragon Consulting Group. The group will become part of PwC...

Lehman Brothers International (Europe) – in administration – Claim Resolution Agreement announced

The joint administrators of Lehman Brothers International (Europe) ('LBIE') are to imminently issue a formal proposal to all LBIE clients under which clients can recover...

20 November 2009

Keydata Investment Services Limited (in administration) – statement from PwC on products invested with Lifemark S.A.

Following the announcement by the Luxembourg Regulator that a provisional administrator has been appointed in respect of Lifemark S.A. under Luxembourg law, the joint administrators...

Lehmans administrator wins Accountancy Age personality of the year award

Tony Lomas, partner in Business Recovery team at PricewaterhouseCoopers LLP, won the Accountancy Age personality of the year award meaning he is considered the most...

Tax reform remains on the agenda of governments despite economic downturn

Despite the economic downturn, government focus around the world has remained on tax reform, concludes a new report released today by the World Bank Group...

19 November 2009

Public borrowing set to overshoot Treasury forecasts in 2009/10 and beyond, says PricewaterhouseCoopers LLP

This morning's public borrowing figures show a budget deficit (PSNB) for April-October 2009 of £86.9bn as compared to £33.9bn in the same period a year...

A cappuccino crime-wave: middle managers defraud employers to maintain living standards – PwC survey

Continued hike in reports of accounting fraud · Sharp rise in crime committed by middle managers Accounting fraud is the fastest growing economic crime experienced...

Cranfield Female FTSE Index: Wake up call for more than just the FTSE

The annual Cranfield Female FTSE Index & Report monitoring the male-female composition of FTSE boardrooms, sponsored by PricewaterhouseCoopers LLP, paints a discouraging picture for women’s...

18 November 2009

Queen’s Speech confirms clampdown on city remuneration – PwC comments

PwC continues to advocate the reform of executive remuneration but has concerns about multiple sets of rules on pay and the impact of an unlevel...

17 November 2009

Inflation rise is no cause for concern

Consumer price inflation (CPI) rose to 1.5% in the year to October 2009 from 1.1% a month earlier and will rise further over the next...

16 November 2009

Financial Services Bill – PwC comments on pay and bonus impact

Increased FSA powers to tame pay and bonuses not unexpected Unintended consequences, including impact on the next bonus round which will not be affected by...

PwC recognises excellence in tax reporting and calls for transparency and long-term approach to tax policy-making

PwC’s annual Building Public Trust Awards for tax reporting have been won by Anglo American and the Rank Group plc. Anglo American took the accolade...

13 November 2009

Climate change comes into hard focus at a London exhibition launch

Hard Rain documentary and picture presentation, St Martin’s in the Fields Monday 16 November 2009: 7.00-8.30pm – free entry A hard – hitting exhibition of...

Keydata Investment Services Limited (in administration) – response to announcements by Financial Services Compensation Scheme and Her Majesty’s Revenue & Customs

The joint administrators of Keydata Investment Services welcome announcements made today (13 November 2009) by the Financial Services Compensation Scheme (FSCS) and Her Majesty’s Revenue...

12 November 2009

Pre-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...

Year of turmoil in the legal sector has led to major profit falls, PwC survey shows

The UK’s Top 10 law firms have maintained their relative breakaway performance over the rest of the sector, despite an average 21% fall in profit...

Governments likely to retain stakes in financial institutions for 5-7 years, according to PricewaterhouseCoopers LLP

• Seven-year horizon likely before Governments can release stakes in banks says PwC A report released today by PricewaterhouseCoopers LLP (PwC), ‘Back to the future,’...

11 November 2009

CEIOPS’s final advice on the level 2 implementing measures for Solvency II

PricewaterhouseCoopers welcomes the release of the final advice on the level 2 implementing measures for Solvency II released by CEIOPS yesterday. The final advice incorporates...

New skills will characterise the business stars of the future

A different set of employee and executive skills, smart deployment of talent and the realignment of compensation structures will be critical to firms’ ability to...

10 November 2009

PwC's Financial Services regulatory practice scoops best consulting award

PricewaterhouseCoopers LLP was named the Best Consulting Firm of the Year at the annual Complinet Compliance awards last night. The awards are the pre-eminent annual...

08 November 2009

Credit card market needs urgent change to survive, say PricewaterhouseCoopers

EMBARGOED UNTIL 00:01 MONDAY 9 NOVEMBER 2009 has been a watershed year for consumer credit in the UK with both lenders and borrowers reassessing their...

06 November 2009

Questioning the role of carbon markets now will make it harder to deliver a global deal on climate change and delay investment.

Responding to recent debate on the role of carbon markets, Richard Gledhill, global leader, PricewaterhouseCoopers Climate Change and Carbon Markets said: "Questioning the role of...

Corporate insolvency numbers – PwC comments on pensions impact

PricewaterhouseCoopers LLP (PwC) analysis of today’s national corporate insolvency statistics found that the number of corporate insolvencies in quarter three of 2009 has shown a...

England 2018 announce PwC as first sponsor

- The UK practice to act as business adviser - Initial analysis suggests England could score £3.2bn from World Cup PricewaterhouseCoopers LLP (PwC) were this...

Lehman Brothers International (Europe) - in administration - update on scheme of arrangement

The UK Court of Appeal today handed down its judgment in relation to the application made by the Joint Administrators of Lehman Brothers International (Europe)...

05 November 2009

Unemployment could rise to around three million, peaking in the second half of 2010 says PricewaterhouseCoopers LLP

Despite a projected return to modest growth of just under 1% next year, UK unemployment could still rise to around 3 million by the end...

03 November 2009

PwC welcomes the release of the third wave of consultation papers from CEIOPS but questions whether industry concerns are being properly addressed

Mark Batten, partner, PricewaterhouseCoopers LLP, said: "The second wave of consultation papers issued over the summer by CEIOPS, created a significant amount of debate within...

'Flight to value’ will soar after recession and reshape mid-market

The recession has brought about a new way of shopping and these changes will be permanent, bringing about a step change in the way consumers...

02 November 2009

Emerging market city economies set to rise rapidly in global GDP rankings says PricewaterhouseCoopers LLP

Shanghai projected to rise from 25th to 9th place in the global city GDP rankings between 2008 and 2025 and show the strongest growth rate...
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