« December 2012 | Main | February 2013 »

28 press releases from January 2013

31 January 2013

PwC comments: Long Term Guarantee assessment details revealed by EIOPA

Philippe Guijarro, partner, PwC said: “This assessment is technically complex, resource intensive, and very time pressured. This places a heavy administrative burden on insurers during...

PwC comments: FSA’s thematic review on annuities

Paul Clarke, Partner, PwC said: “With the Life Insurance supervisory team leading the review, ultimately this provides the first indication of what insurance firms can...

29 January 2013

Commenting on the insolvency figures in relation to the pub sector, David Chubb, PwC business recovery partner and hospitality and leisure specialist, said:

"The latest insolvency figures for the pub sector show no change or improvement in the 12 months to Q4 2012 when compared with the same...

Institutional M&A investment share doubles in power and renewable sector

The M&A investment share from institutions, such as insurance, pension and sovereign wealth funds, has more than doubled year on year, according to PwC’s annual...

28 January 2013

Companies to reduce executive bonuses in 2013, but large drops in pay unlikely over the long-term says PwC research

Many FTSE100 executives will see no increase to their annual bonuses this year and some bonuses could even be cut by up to quarter, according...

Green Deal launch - PwC comments on expectations and role of the scheme

Paul Davies, partner, PwC comments on the expectations for take up of the Green Deal Energy Efficiency scheme. "It's easy to get distracted by the...

25 January 2013

GDP figures - PwC chief economist comments

In response to the preliminary Q4 2012 GDP figures out today, John Hawksworth, PwC’s chief economist, said: "Today's GDP growth estimate of -0.3% in Q4...

23 January 2013

Insurance - EU Referendum - PwC comments:

Paul Clarke, global insurance regulatory leader, PwC, said: "A lot hangs on the details. The referendum might lead to the UK still being regarded an...

Asset Managers – EU referendum – PwC comments:

Rob Mellor, hedge fund leader, PwC said: “The EU Commission has and will continue to establish the regulatory framework for the distribution of EU based...

UK business leaders focus on cost-cutting, growing their customer base and improving customer service in the face of continuing economic uncertainty

· Only a fifth of CEOs very confident about short term revenue growth · Access to skills and finance among major concerns · US, China,...

22 January 2013

Total Tax Contribution of UK’s biggest businesses maintained despite double dip recession

- Total Tax Contribution including taxes collected stands at £77.1bn (14.2% of total tax receipts) - Government’s tax take from Hundred Group coming from broader...

UK’s “HIDDEN” £814m ONLINE ECONOMY

Advertisers spent over £800m in 2012 on Online Performance Marketing activities including affiliate marketing and lead generation Generating £9bn in sales, equals £11 for every...

21 January 2013

Private Business Awards 2013: Call to all UK private businesses to join the ranks of JCB, Dyson and Mind Candy

Today sees the launch of the third annual Private Business Awards which were set up to celebrate the best of private business in the country...

18 January 2013

German cities top commercial real estate investment prospects as investors continue to seek safe havens - Emerging Trends in Real Estate Europe 2013, by PwC and Urban Land Institute

German cities dominate the investment prospects for Europe’s commercial real estate sector as investors continue to favour safe haven locations according to Emerging Trends in...

Property sector says green retro fitting is a ‘best bet’ for 2013.

Sustainable properties increasingly commanding higher rents and values Regulation “forcing” people to make buildings greener Green Deal could accelerate business retro-fitting Refurbishing existing buildings to...

17 January 2013

OFT study into pension charges - PwC comments

Commenting on the launch of the OFT’s study to examine whether defined contribution workplace pension schemes are set up to deliver the best value for...

16 January 2013

PwC expert drafted in to mentor Nigerian law enforcement and judicial agencies on anti corruption and bribery issues.

A PwC forensics expert has been specially chosen to help educate and train Nigerian law enforcement teams in the country's ongoing battle against bribery, corruption...

UK to fall out of the world’s top 10 largest economies by 2050, PwC report predicts

UK GDP to fall behind Mexico and Indonesia by 2050 Emerging economies set to grow faster than the G7 over the next four decades China,...

14 January 2013

State pension reforms - PwC comments

Commenting on the Government’s expected state pension reforms, Raj Mody, head of pensions advisory at PwC, said: “Greater simplicity and certainty on the state pension...

The Jessop Group Limited – in administration – update on redundancies at the Leicester head office

Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited (Jessops or the Company) on 9 January...

PwC - European cities’ hotel forecast 2013

Slower growth in 2013, with no cities expected to report double digit growth Paris tops the rankings for fullest, most expensive and highest RevPAR in...

11 January 2013

The Jessop Group Limited (in administration) - closure of all stores announced

Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited (Jessops or the Company) on 9 January...

10 January 2013

MPC decision - PwC senior economic adviser comments

In response to the Bank of England's Monetary Policy Committee (MPC) interest rate decision today, Andrew Sentance, senior economic adviser, PwC, said: "As expected, there...

ONS leaves RPI unchanged - PwC comments on impact for final salary pension schemes and pensioners

In response to the announcement that the Office for National Statistics will not make any changes to the Retail Price Index (RPI) calculation, but will...

09 January 2013

The Jessop Group Limited – in administration (“Jessops or the Company”)

Edward Williams, Rob Hunt and Matthew Hammond of PwC were appointed joint administrators of The Jessop Group Limited on 9 January 2013. Jessops is a...

07 January 2013

PwC adds to pensions advisory team

PwC continues to expand its pensions advisory team with the appointment of Celene Lee. Celene was most recently head of pensions at Barrie & Hibbert,...

Aviation Finance Report: PwC Uncovers the Cost

Aircraft orders at a record high - how will they be financed? European banks pulling out of the market - Asian investors aggressively looking to...

02 January 2013

US Fiscal cliff - PwC's UK banking leader comments on UK financial services industry impact

In response to last night's developments around the US fiscal cliff, Kevin Burrowes, PwC's UK financial services leader, commented: "UK banks will breathe a sigh...
  • Contact us
  • +44 (0) 20 7213 1768

Specific and out of hours contacts