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20 press releases from September 2012

28 September 2012

Wheatley Review of LIBOR final report - PwC's UK financial services leader comments

In response to the Wheatley Review of LIBOR final report being published today, Kevin Burrowes, PwC's UK financial services leader, commented: "The programme that Martin...

26 September 2012

BBA/Libor enquiry - PwC UK financial services leader comments

In response to details coming from the BBA submission to the Government's Libor enquiry, Kevin Burrowes, PwC's UK financial services leader, commented "Clearly, the existing...

25 September 2012

PwC boosts infrastructure team with appointment of two directors

PwC has appointed Gwyneth MacLeod and Ash Kelso as directors in their infrastructure team. In her new role, Gwyneth will focus on aviation policy, regulation...

24 September 2012

New affordable housing investment proposal could generate billions of extra financial capacity for social landlords

Housing associations could generate £5.6bn extra a year from their asset bases with no impact on government subsidy costs under a new affordable housing investment...

Pension scheme recovery plan lengths set to soar in 2012, says new PwC research

New PwC projections predict that pension schemes will now need an extra three years to plug their rising deficits, taking the average repayment period to...

21 September 2012

Market volatility leads to more subdued mining M&A activity: PwC report

Emerging nations to drive demand and keep the ‘super cycle’ on track Global economic uncertainty and a drop in commodity prices has led to marked...

20 September 2012

Solvency II Delays - PwC comments

In response to potential Solvency II delays, Paul Clarke, PwC's global Solvency II leader, said: "With trilogue for resolving Omnibus 2 starting again in Brussels...

17 September 2012

PwC reports 7% growth in revenues, while recruiting 2,300 people in the year to June 2012

PwC today reported 7% growth in revenue to £2,621 million for the year ended 30 June 2012, up from £2,461m in the previous year. As...

Working capital management in Europe has never been better, and UK remains top – PwC study

The largest European companies have never been better at managing their working capital and UK companies are the most efficient compared to their neighbours, a...

14 September 2012

PwC: Four years since the collapse of Lehmans – has anything changed?

Saturday 15th September, marks four years since the collapse of Lehman Brothers investment bank in 2008 – an event widely believed to be a tipping...

13 September 2012

Investors want auditors to sign off market-influencing numbers - but don’t want management clamming up on disclosures

Investors and analysts have questioned why key numbers reported by company management – which are vital for basing their investment strategies upon- are not required...

12 September 2012

Carbon Disclosure Project Global 500 Report: PwC comment on findings and implications

Fewer than half of responding companies report a decline in their emissions solely attributable to emission reductions activities, prompting the possibility of a rise in...

11 September 2012

PwC Real Estate appoints Craig Hughes from Ernst & Young as partner

Craig Hughes, the former head of real estate at Ernst & Young in the UK and Ireland, has joined PwC. Craig, who joins after 19...

Employers handed the reins in radical new training drive for professional services

New pilot programme led by PwC forms part of Industrial Strategy A new pilot programme announced today by Government will make it easier for businesses...

07 September 2012

PwC: Fundamental Review of the Trading Book likely to drive banks away from internal models

A range of measures proposed under new trading book rules will likely cause banks, investors and regulators to place greater emphasis on standardised (i.e. regulator...

Government’s change to oil & gas tax will stimulate investment in UK Continental Shelf and create jobs

The Chancellor of the Exchequer has today announced a new tax measure for older oil and gas fields in the North Sea, which the government...

06 September 2012

Wealth taxes risk damaging UK competitiveness

Andrew Sentance, senior economic adviser to PwC, commented: "Simply introducing a new tax on wealth would undermine steps both recent Governments have made to make...

FSA review into sales incentives - PwC comments

In response to today's FSA announcement regarding seeing an end to mis-selling created by sales incentives, David Kenmir, financial services regulatory partner at PwC, commented:...

04 September 2012

Enpure Limited and Enpure Holdings Limited – in administration

Mark Hopkins, Matthew Hammond and Steve Ellis of PwC were appointed joint administrators of Enpure Limited and Enpure Holdings Limited on 3 September 2012. Enpure,...

01 September 2012

Tuition fees - PwC comment on impact on student satisfaction & university challenges

From September 2012, universities and others providing higher education in England will be able to charge up to a maximum of £9,000 a year for...
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