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28 press releases from February 2011

28 February 2011

Bonuses worth 20% less to executives for each year deferred

The longer executives have to wait for pay, the less it is to worth to them. This finding, from new research by PwC in conjunction...

25 February 2011

Accounting plans put banking covenants under pressure for unis, charities and housing associations

The effects of new accounting proposals could cause some housing associations, universities and charities to breach loan agreements with their banks, according to PwC. Under...

24 February 2011

PwC comment on Lord Davies report

Sarah Churchman, PwC's director of diversity, commented on the findings of the Lord Davies report into women on boards: "The report gives business a map...

23 February 2011

Returning to the foothills rather than scaling mountain peaks is the name of the game for power-deal making in 2011, says PwC

The global power deal market is finally seeing an upward trend in momentum from the lows reached in 2009.Total deal value in the power and...

PwC comments on today's announcement by the Association of Leading Visitor Attractions

Commenting on today's announcement by The Association of Leading Visitor Attractions (ALVA) that there has been a small increase in its members’ visitor numbers, Julie...

22 February 2011

Global aerospace and defence sector M&A deal value nearly doubles in 2010 compared to full-year 2009, according to PwC

Deal volume at a three year high, with 17 deals in Q4 totalling over $4 billion in value Merger and acquisition (M&A) deal activity in...

PwC reaction to today's ONS figures on public spending

January saw the highest monthly borrowing surplus since 2008, according to figures published this morning from the Office for National Statistics (ONS) UK Public Sector...

21 February 2011

Patient over product: Pharma needs to prepare for the future, warns PwC

The global pharma industry, to meet the demands of a fast evolving marketplace and the shift from product to patient outcomes, needs to radically overhaul...

PwC targets women for the top

PwC plans to speed up the progression of the firm’s diversity strategy by encouraging the use of a new 'comply or explain' approach to the...

20 February 2011

Green fraud – A new frontier for crime

A new frontier for fraud and market abuse has opened up as the scale of sustainable business activity and ‘green’ projects grows while the controls...

18 February 2011

PwC responds to Government report stating cyber crime costs UK £27bn a year

William Beer, PwC director of information security, said: "This report is an important step in helping to raise awareness, understanding and more importantly the scope...

17 February 2011

PwC comments on new powers for the UK financial services regulators

Commenting on today’s news that the UK financial services regulators will be given new powers, David Kenmir, director in PwC’s regulatory practice, said: "Financial services...

14 February 2011

Financial services CEOs look to emerging markets to feed growth aspirations

Financial services companies need to look far beyond their domestic markets if they are to achieve their ambitious growth aspirations. This is according to the...

11 February 2011

Statement from the administrators of Lehman Brothers International (Europe) ('LBIE') - in administration

The Seoul Southern District court has today handed down its judgement in the matter of the KRW300 billion credit-linked note (CLN) issued to KIS by...

10 February 2011

Commenting on Chinese cyber attacks on oil groups, William Beer, OneSecurity, PwC, said:

"This latest incidence of cyber-espionage has exposed the fact that traditional defences are simply not working. Hackers were able to use advanced methods and techniques...

London faces sharp spike in luxury hotel supply

A 27% increase in luxury rooms in London ahead of the 2012 Olympics Higher suite to room ratio in some properties New luxury hotel supply...

09 February 2011

Feed in Tariffs review; Lower roll out and less returns the likely result - PwC

The government has launched a review of the Feed In Tariff (FiT) system designed to attract more investment in domestic and commercial renewable energy generation....

08 February 2011

Bank levy increase - PwC comments

Following news that the Government will increase the levy on banks to £2.5bn this year, Peter Maybrey, partner, PwC, said: "HM Treasury have announced an...

07 February 2011

Mark Stephen to lead PwC’s UK insurance business

PwC has announced the appointment of Mark Stephen as head of the firm’s UK insurance business succeeding Andrew Kail. Mark will lead PwC’s work in...

Graduate vacancies at PwC nationwide to start as early as April

PwC still has around 50 vacancies for graduates to start working in the firm’s assurance practice in April 2011. Graduates should apply online at www.pwc.co.uk/careers...

04 February 2011

UK mobile spectrum auction

An operator may expect to pay up to £1bn for an 800 MHz licence Network capacity is at a premium as mobile broadband and smartphone...

Green agenda ‘unavoidable’ for real estate industry – PwC report

Sustainability survives real estate industry downsizing Stronger lease and marketing potential for sustainable buildings Experts warn of legacy stock issues The green agenda has become...

Europe’s Real Estate Industry Must Adapt to Tougher Regulations, Tighter Credit: Emerging Trends in Real Estate®: Europe 2011

Tougher regulations, Austerity Europe, the sovereign debt crisis, and a still-tight lending market will challenge Europe’s real estate industry in 2011, according to Emerging Trends...

03 February 2011

Andrew Packman to lead PwC’s UK pharmaceutical and life sciences business

PwC has announced the appointment of Andrew Packman as head of the firm’s UK pharmaceutical and life sciences business, succeeding Andy Kemp. Andrew will lead...

Initial QIS5 feedback – PwC comments

Non-life firms could see significant capital increases The results may lead to increased M&A activity and a review of investment and hedging strategies Insurers who...

PwC Tabulates Final Ballots for 83rd Academy Awards®, Continuing a 77-Year Tradition of Guarding Hollywood’s Best Kept Secrets

This year, PwC celebrates its 77th year leading the Oscars® balloting process on behalf of the Academy of Motion Picture Arts and Sciences (the Academy)....

01 February 2011

PwC administrators appointed to Maltby Investments Limited (a holding company of EMI Group Limited) announce sale of Maltby Acquisitions Limited

On 1st February 2011, Peter Spratt and Tony Lomas of PwC were appointed as joint administrators of Maltby Investments Limited (MIL). MIL is a holding...

Private sector deals send positive signal to financial services sector despite falling values

While deal values in the financial services sector dropped off in the final quarter of last year, PwC experts believe that this decline will not...
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