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24 press releases from July 2010

30 July 2010

IASB exposure draft on insurance contracts to receive mixed reaction from insurers, says PwC

Commenting on the release of the insurance contracts exposure draft, released today by the International Accounting Standards Board (IASB), David Law, global insurance leader, PricewaterhouseCoopers,...

28 July 2010

Bright and breezy summer days may prove ill-fated for students

Low confidence around the job market means students may have little hope in their future prospects, but maximising free time to develop employability skills is...

27 July 2010

PwC comment on first UK Annual Energy statement and Pathway 2050 energy calculator

Responding to the first Annual Energy Statement and Pathway 2050 report and tool to demonstrate the choices that lie ahead to secure energy supplies, and...

Basel passes an important milestone but key questions remain unanswered, says PwC

The Group of Governors and Heads of Supervision, the oversight body of the Basel Committee on Banking Supervision, met on 26 July 2010 to review...

26 July 2010

UK lags behind US on employee return on investment

US organisations have proved far more agile than those in the UK and the rest of Europe at maximising profit from their investment in people,...

Make or break for UK renewables target with funding gap for offshore wind development looming by 2015

Cumulative peak funding of £10bn required by offshore wind developers by 2015 Current funding gap for offshore wind means UK would not achieve renewable target...

13 July 2010

PwC says UK house prices are still likely to be below 2007 levels in 2015 in real terms

· There is a 70% chance that UK house prices will still be below peak 2007 levels in 2015 in real terms, despite a continued...

UK business is biting the hand that feeds as unchecked environmental resource loss threatens to bite UK economy back

Landmark UN study of the economic impact of biodiversity loss launched in London PwC analysis shows less than one in five companies, including many UK...

12 July 2010

Long term health of the pub industry still in doubt

And restaurants, although recuperating, remain hooked up to the discounts drip Pub company insolvencies are down a third from the peak of the recession but...

Alexandra PLC – in administration

Rob Lewis, Rob Hunt and Derek Howell of PricewaterhouseCoopers LLP were appointed joint administrators of Alexandra PLC (“the company”) on 12 July 2010. The appointment...

11 July 2010

Graduate jobs: First year university students take a step closer to jobs in PwC business 'boot camp' (Picture links)

First year 'apprentices' believe that despite the poor job market a degree still makes a difference to their prospects Nearly a quarter say they will...

09 July 2010

PricewaterhouseCoopers names David Law as new global insurance leader

PricewaterhouseCoopers (PwC) has appointed David Law as the new global insurance leader. David will take up the role with immediate effect succeeding Ian Dilks who...

08 July 2010

Leaders grapple with tone from the top - PwC

Setting the right tone from the top is viewed as an increasingly important leadership skill that can make or break relationships with shareholders, employees, customers...

CEIOPS report on regulatory preparedness, more work needed to get supervisors up to speed, says PwC

Jim Bichard, partner, PricewaterhouseCoopers LLP, said: "CEIOPS's report has clearly shown that European regulators are at different stages of evolution, with some much more prepared...

PwC research reveals social care providers for the elderly could struggle to maintain service quality

Social care providers for the elderly are concerned about maintaining quality of services against a backdrop of rising costs and downward pressure on fees, with...

European IPO markets show signs of recovery and power ahead of the US, but lag well behind China

European IPO markets show signs of recovery and power ahead of the US, but lag well behind China European stock exchanges, led by London, saw...

AIM IPO activity remains sluggish in the second quarter, while the Main Market continues to recover

AIM Q2 2010: 10 IPOs (£133m) Q1 2010: 8 IPOs (£217m) Main Market Q2 2010: 27 IPOs (£2,529m) Q1 2010: 24 IPOs (£1,624m) There were...

06 July 2010

UK public sector is vulnerable to fraud and economic crime - PwC

With the UK public sector recession now underway, PricewaterhouseCoopers LLP (PwC) is warning of the increased risk of fraud in the public sector as staff...

European Commission's fifth Quantitative Impact Study (QIS 5) final specifications may leave some disappointed, says PwC

Charles Garnsworthy, partner, PricewaterhouseCoopers LLP, commenting on the QIS 5 final specifications released today, said: “The Commission has today revealed a number of changes to...

05 July 2010

Peter Clokey, Independent Valuer for the purposes of the Bradford & Bingley plc Compensation Scheme issues his Assessment Notice in respect of shares and subscription rights

Peter Clokey, the independent valuer for the purposes of the Bradford and Bingley plc Compensation Scheme and a partner of PricewaterhouseCoopers LLP, yesterday his Assessment...

Peter Clokey, Independent Valuer for the purposes of the Bradford & Bingley plc Compensation Scheme issues his Assessment Notice in respect of extinguished rights relating to dated subordinated notes

Peter Clokey, the independent valuer for the purposes of the Bradford and Bingley plc Compensation Scheme and a partner of PricewaterhouseCoopers LLP, has today issued...

University students prepare for harsh realities of the real world, as they enter summer boot camp with UK’s top graduate employer

54 university students develop employability skills Five day course climaxes in Dragons’ Den style presentation Applications rise 58% in a year As graduates face the...

01 July 2010

PwC research shows a big fall in UK corporate insolvencies – businesses are on the road to recovery

The latest PwC analysis into corporate insolvency numbers demonstrates that the effect of the downturn on UK business is showing more signs of easing. 3,467...

PwC announce 57 new partner promotions

PricewaterhouseCoopers LLP (PwC) is pleased to announce the admission of 38 new partners with effect from 1 July 2010 in addition to 19 partners recruited...
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