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26 press releases from June 2012

29 June 2012

PwC adds 61 new equity partners to the firm

PwC has announced that 61 new equity partners will be admitted to the firm this year: 39 will be admitted on 1 July 2012, joining...

Strong growth in financial services activity, but sentiment weakens - CBI/PwC

Financial services business volumes and income both grew strongly in the three months to June, but firms say they are less optimistic about their business...

27 June 2012

Changing rules to allow REITs to invest in other REITs will help the regime expand, says PwC

PwC has welcomed proposed changes that should broaden the appeal of the Real Estate Investment Trust (REIT) regime to a wider group of investors, in...

Poor working capital management has cost UK business £125bn

· Biggest UK companies have failed to release £248m cash each · UK has biggest untapped cash source in Europe · UK companies individually more...

26 June 2012

Petroplus Refining and Marketing Limited (in Administration) (“PRML”) - Update by the Joint Administrators

The Joint Administrators of PRML today announced that they have entered into an agreement for the sale of the majority of the assets at the...

PwC: Don’t think “if”, think “when” on cyber attacks

The Director General of MI5, Jonathan Evans, has warned that cyber attacks from other countries and criminals are threatening government secrets and businesses. Speaking in...

Think tank calls for new investment fund to unlock the potential of mid-sized cities

A new report published today by Centre for Cities calls on mid-sized cities and the Government to work together to create a new investment fund...

25 June 2012

Jeremy Mayhew joins PwC’s Entertainment and Media Practice as a Senior Advisor

PwC is pleased to announce that Jeremy Mayhew is joining the entertainment & media practice as a Senior Advisor. In his new role, Jeremy will...

Sustainable Packaging: Myth or Reality? PwC Report Investigates

The UK packaging industry is calling for the phrase ‘sustainable packaging’ to be scrapped and is urging instead for Government to get to grips with...

21 June 2012

Rent due day 24 June 2012 - insolvency partner and retail specialist Mike Jervis comments

Mike Jervis, PwC insolvency partner and retail specialist, commented: “Landlords have seen many problems over the last two quarters and retail continues to be one...

20 June 2012

PwC comments on the Government's announcement on executive remuneration

Sean O’Hare, remuneration partner at PwC, said: “The good news for business is that the Government has listened to their main concerns by setting the...

PwC brings in corporate ethics guru Roger Steare as an adviser

PwC has teamed up with corporate philosopher Professor Roger Steare to help business leaders embed integrity in their business critical decisions. Through the collaboration, which...

PwC comments on mandatory emissions reporting decision

Public companies listed in the UK will be required to publish full details of the greenhouse gases they produce from April 2013 under plans to...

19 June 2012

Real estate industry needs to respond to consultation on new pensions directive, says PwC

The European Insurance and Occupational Pensions Authority (EIOPA) last week (Friday 15 June) launched a consultation on quantifying the impact of their proposed new directive...

Reality check for Rio negotiations as PwC analysis examines global economic power shifts to 2032

Dramatic shifts in global economic power pose sustainability challenges for Rio + 20 and beyond according to new analysis by PwC comparing shares of world...

15 June 2012

More time is needed to consult on new pensions directive to avoid risk to schemes, says PwC

EIOPA (The European Insurance and Occupational Pensions Authority) has today (Friday 15 June) launched a consultation on quantifying the impact of their proposed new directive...

14 June 2012

Independent Commission on Banking – PwC comments on white paper

With HM Treasury’s white paper on banking reform published today, PwC experts are available for comment on the potential implications for the UK banking industry,...

13 June 2012

New DC principles could increase pension payouts by around 10%, says PwC

The Pensions Regulator has today (Wednesday 13th June) published a list of the core components of a good defined contribution scheme that it believes are...

12 June 2012

The end of the digital beginning: The challenge for media companies now lies in how to implement their digital strategies

According to PwC’s latest Global Entertainment & Media Outlook 2012-2016, the UK entertainment and media (E&M) market will grow by 3.1% compounded annually (CAGR) from...

11 June 2012

PwC is first to offer a new Higher Apprenticeship

PwC has announced its intention to offer 60 Apprenticeships in its tax practice, the first firm to offer places under the new professional services Higher...

European financial services M&A activity down by 40% in Q1 2012

UK banking deal volumes down 67% on previous quarter UK insurance deal volumes up by 63% compared with Q1 2011 Research from PwC has found...

09 June 2012

PwC comments on new DWP incentives code for pension plan members

Responding to concerns that as a result of poor communication, lack of understanding or inappropriate persuasion, thousands of pension plan members may have made poor...

07 June 2012

Global mining industry posts record $133bn in profits in 2011 while share prices plunge

Net profits climb 21% to $133 billion but higher costs crimp margins Market values fall 25%, returns to shareholders up more than 156% Costs surge...

04 June 2012

Savvy UK Manufacturing Plc outsmarts the recession, PwC report shows

· UK Manufacturing Plc share price index trebles since last recession · Survey shows firms are significantly outperforming the FTSE 250 · R&D investment stays...

PwC: Finance leaders buck the trend with positive outlook on the economy

Finance Leaders are bucking the current trend for negativity on the economic outlook with over 60% of attendees at PwC's Finance Leaders' Summit expecting positive...

01 June 2012

Rock Farm Dairy Limited – in administration (update)

55 jobs at Rock Farm Dairy have been secured following the sale of the Company’s business and assets to UK Dairy Sales Limited (UKDS) on...
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