« September 2011 | Main | November 2011 »

37 press releases from October 2011

31 October 2011

Feed in tarrifs: Comment re industry impact and impact on remaining spending.

Commenting on the proposed changes to the FiTs announced by DECC, Daniel Guttmann, Director, Renewables and Clean Tech, PwC said: “A cut was unavoidable given...

Asset manager pay increases off the back of strong performance in 2010 but regulation risks stifling growth and competitiveness, says PwC report

Competition for asset managers has seen remuneration increase for a second successive year as pressures to attract and retain talent return, yet regulation threatens to...

PwC engages with global cyber community to highlight rapidly growing threat

Ahead of day one of the London Conference on Cyberspace, hosted by the Foreign & Commonwealth Office, PwC calls on business and government leaders to...

Bank valuations hit by sovereign debt crisis and investor equity risk concerns – latest PwC Valuation Index

PwC Valuation Index at 60, lowest point since the financial crisis Equity valuations indicate slower return to growth than economic forecasts Market multiples for banks...

28 October 2011

PwC comments on IDS analysis of FTSE100 company director pay

The IDS today released their analysis of FTSE100 company director pay. Tom Gosling, partner at PwC, commented; "It's important to highlight the IDS survey is...

Deep and fast cuts needed in Feed in Tariffs to protect UK solar market

Feed in Tarrif 'spending envelope' may run out in 2013 Overcapacity risk for installers if market slows Solar capacity grew six fold between April 2010...

26 October 2011

Non-commodity funds now account for 40% of assets managed by Sovereign Wealth Funds, say PwC economists

Non-commodity funds are now challenging more traditional commodity based Sovereign Wealth Funds and now account for around 40% of assets managed by Sovereign Wealth Funds...

25 October 2011

Bank details scam is staging a comeback say PwC fraud experts

It all starts with a letter or email: “Dear Accounts Payable department, our bank details have changed to the following. Please can you update your...

21 October 2011

PwC responds to the Office of Fair Trading’s referral to the Competition Commission regarding the supply of statutory audit services to large companies in the UK

PwC comments on the OFT's decision to refer the UK audit market for large companies to the Competition Commission The Office of Fair Trading has...

20 October 2011

MiFID II proposals could contribute to the decline of OTC trading

Commenting on the European Commission’s (EC) release of the Market in Financial Instruments Directive (MiFID) II proposals, Munib Ali, director at PwC, said: “The EC’s...

The Spending Review one year on – significant private sector job gains since 2009 but public sector job losses have been larger and faster than expected, particularly in English local authorities, says PwC analysis

One year on from the Spending Review, there is both good news and bad news to report, according to PwC analysis of official employment figures...

18 October 2011

Top ten European cities ranked by RevPAR % growth

New European hotel analysis by PwC shows that despite the unsettled times, hotel performance in key cities across Europe remains resilient. Different themes play out...

17 October 2011

PwC Chairman, Ian Powell, joins the 30% Club

Ian Powell has become the thirtieth Chairman to sign up for the 30% Club, a group of organisations voluntarily committed to bringing more women on...

14 October 2011

Aiming for the stars- winners announced at the AIM Awards 2011 as the exchange celebrates generating almost 20% of London’s IPO funds in Q3 2011.

ASOS chief Nick Robertson and May Gurney Integrated Services among the winners at the AIM Awards 2011 AIM remains one of the most important global...

13 October 2011

Parkridge Holdings Ltd in Administration - Update

Matthew Hammond and Rob Hunt PricewaterhouseCoopers LLP were appointed joint administrators to Parkridge Holdings Limited and Parkridge Gate Developments Limited on Wednesday 24 August 2011....

Richard Batty joins PwC from Towers Watson to chair actuarial services network

PwC has recruited Richard Batty to chair its actuarial services network. In his new role, Richard will work with Bryan Joseph, PwC’s global actuarial leader,...

Lehman Brothers International (Europe) – in Administration – 3 year progress update

The Joint Administrators of Lehman Brothers International (Europe) – in Administration (“LBIE”) have today updated the creditor community with their third annual progress report, giving...

PwC comments on the Carbon Disclosure Project 2011 – FTSE 350 report

The annual Carbon Disclosure Project FTSE 350 report released today, considers whether UK plc can help meet the Carbon Budgets set by the government, and...

12 October 2011

Ian Powell says rebuilding trust and confidence in business is key to improving economic outlook

At PwC’s annual Building Public Trust Awards dinner, attended by more than 300 business leaders, senior civil servants, regulators, standard setters and professional bodies, held...

Barroso bank recapitalisation plans - PwC comments

PwC experts comment on José Manuel Barroso’s, the president of the European Commission, speech on bank recapitalisation plans. Richard Barfield, director at PwC, said: "While...

PwC welcomes results of HM Treasury’s consultation into changes to the Real Estate Investment Trust (REIT) regime

HM Treasury has issued the results of the informal consultation exercise announced by HMRC in the Budget in March. PwC has welcomed the outcome of...

11 October 2011

PwC appoints Keith McCarthy to its Forensics practice

PwC has appointed Keith McCarthy to its Forensics team, effective 1 January 2012. Keith joins PwC from the Serious Fraud Office (SFO) where he was...

PwC comments on the final Weightman report

The final report ‘Japanese earthquake and tsunami: Implications for the UK Nuclear Industry’ published today by the UK's Nuclear Regulator, Dr Mike Weightman, comes at...

PwC forges new links with school careers advisors, in an effort to help students make more informed choices

Leading professional services firm PwC is forging new links with secondary school careers advisors in an effort to assist students at a crucial stage in...

New Greenhouse Gas Protocol standards unveiled, which could boost carbon reporting quality and reduce costs

PwC, the leading professional services firm, welcomes the new Corporate Value Chain (Scope 3) and Product Life Cycle accounting and reporting standards, launched by the...

‘Baby busters’ born richer and likely to live longer than ‘baby boomers’, but face poorer relative prospects for housing, pensions and other financial wealth accumulation

Only able to buy their first house aged around 35, encumbered with student debt of around £90,000 and with significantly less generous pensions than their...

10 October 2011

OIC Run-Off Limited and The London and Overseas Insurance Company Limited - further increase to payment percentage announced

Dan Schwarzmann, partner at PwC and joint scheme administrator of OIC Run-Off Limited (OIC) (formerly The Orion insurance Company Plc) and The London and Overseas...

08 October 2011

Diving stockmarket slashes pension pots and pushes up annuity prices - pension incomes around 30% less than they were three years ago

Recent equity falls are bolstering the gilts market, driving up the cost of purchasing an annuity and pushing down pension incomes. PwC calculations show that...

05 October 2011

PwC: Banking fraud figures have fallen but customers pay the price for security

New figures released by Financial Fraud Action UK have revealed that card fraud and online banking fraud losses have fallen, but that cheque fraud and...

Internet advertising soars 13.5% to £2.26 billion in first half of 2011

Online share hits record 27% fuelled by double-digit growth in search and display Video grows 100% as FMCG advertisers ramp up their online spend A...

04 October 2011

Nationwide skills day gives job seekers a vital helping hand

PwC’s nationwide community day on 5 October will raise money for local charities and share vital employability skills. PwC UK offices will join forces for...

FSA's revised implementation assumptions for Solvency II - PwC comments

PwC comments on the FSA's revised implementation assumptions for Solvency II released today (Tuesday 4 October 2011), which includes plans to extend the internal model...

PwC appoints Andrew Sentance as senior economic adviser

Andrew Sentance has been appointed as PwC’s senior economic adviser, with effect from 7thNovember 2011. He will advise clients on how they should adapt their...

03 October 2011

Solvency II timeline uncertainty - PwC comments

Commenting on the uncertainty of the Solvency II implementation timeline, Jim Bichard, insurance partner at PwC, said: "UK insurers are keen for the FSA to...

PwC reports FY2011 global revenues of US$29.2 billion

PwC , the world’s leading professional services network, reported gross revenues of US$29.2 billion for its worldwide network of firms for the fiscal year ended...

PACE OF GROWTH IN FINANCIAL SERVICES SECTOR ACTIVITY SLOWS – CBI/PWC

The pace of growth in the UK financial services sector continued to slow in the three months to September, according to the latest CBI/PwC Financial...

Valuation of patent portfolios - PwC questions whether a bubble is forming

· Can the defensive and strategic value of intellectual property be accurately estimated? Analysis by PwC valuation experts of recent activity around intellectual property (IP)...
  • Contact us
  • +44 (0) 20 7213 1768

Specific and out of hours contacts