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29 press releases from July 2013

31 July 2013

PwC responds to the Select Committee report on corporate taxation

The Select Committee on Economic Affairs of the House of Lords has today (31st July) published its report on 'Tackling Tax Avoidance in a Global...

30 July 2013

UK pension scheme longevity hedging market could be heading for a capacity crunch, says PwC

PwC analysis predicts the UK pension fund longevity hedging market could triple over the next three years, raising questions over the capacity of reinsurers to take on the risks of this growing market.

25 July 2013

PwC appoints two new directors in its cyber security practice

PwC continues to strengthen its cyber security team with the appointment of two new directors, Paul Midian and James Rashleigh. PwC’s cyber security practice advises...

24 July 2013

PwC comments on key Supreme Court ruling on pension payouts after company collapses

Today the Supreme Court determined that Financial Support Directions or FSDs imposed against UK companies in relation to defined benefit pension schemes will rank as...

22 July 2013

PwC enhances Sport and Leisure team with appointment of football finance specialist

PwC has appointed Dr Tom Markham to its London based Sport and Leisure Advisory practice. Tom joins the Sport and Leisure team at PwC having...

Family values: PwC estimates wild cousins of key global crops could be worth up to $120bn by improving productivity and resilience

Analysis by PwC of the financial value to agriculture of breeding more productive and resilient varieties of 29 of the world’s priority crops including wheat,...

22,000 new jobs on the cards for UK insurance industry by 2020 – PwC analysis

A well-functioning financial services sector could create over 218,000 more jobs in the wider UK economy by 2020 Insurance industry jobs account for approximately 47%...

PwC comments on Competition Commission's Provisional Decision on Remedies summary

Commenting on today's announcement by the Competition Commission, James Chalmers, head of assurance at PwC, said: "This is a significant package of remedies clearly focused...

PwC analysis: A well-functioning financial services sector could create over a quarter of a million more UK jobs by 2020

Download Where Next_Full Report Approximately 218,000 more jobs could be created in the wider economy across the UK and approximately 47,000 additional jobs in the...

19 July 2013

PwC: OECD project could mark biggest reform of global taxation in lifetime

Commenting on the OECD's Base Erosion and Profit Shifting (BEPS) action plan, Richard Collier, tax partner at PwC, said: "This could be the biggest reform...

FSB announcement of G-SII companies - PwC comments

FOR IMMEDIATE RELEASE 19 July, 2013 FSB announcement of G-SII companies - PwC Insurance partner comments The Financial Stability Board (FSB) has this morning (19...

15 July 2013

UK Coal Operations Limited- in administration- Update

Further to the statement on 11 July 2013, the administrators of UK Coal Operations Limited moved the Company into creditors voluntary liquidation, in line with...

Rising sick bill is costing UK business £29bn a year – PwC research

Rising sick bill is costing UK business £29bn a year – PwC research Sick days are costing UK business nearly £29bn a year as UK...

11 July 2013

UK Coal Operations Limited - in administration – Update

Further to the statement on 9 July, the administrators of UK Coal Operations Limited are pleased to have concluded the transfer of shares in UK...

New guide urges firms to ‘lead from the top’ to battle against bribery and corruption.

Nearly 150 businesses will be given a Transparency International (TI) guide on how to assess their risk of bribery and corruption this week. The guide,...

House prices recovering but could take until 2021 to reverse real falls since 2007

House prices have fallen by around 18% in real terms (but only 3% in cash terms) since their peak in Q3 2007; In cash terms,...

10 July 2013

PwC partner named as new Vice President of RICS

PwC real estate and infrastructure consulting partner Amanda Clack has been elected Vice President of the Royal Institution of Chartered Surveyors (RICS), the professional body...

WAVE OF NEW REGULATION TOPS INSURANCE SECTOR RISKS

‘Banana Skins’ poll pinpoints key concerns for insurers The greatest risk currently facing the insurance industry comes from the wave of new regulations which are...

09 July 2013

UK Coal Operations Limited – restructuring preserves nearly 2,000 jobs

David Kelly, Robert Hebenton, and Ian Green of PwC were appointed joint administrators of UK Coal Operations Limited (the Company) on 9 July 2013. The...

05 July 2013

Securing the NHS at 75 needs to start today and the public will have to take more care of themselves

Download PwC NHS@75 report A new study finds that unless the public, providers, regulators, commissioners, and policy makers take deliberate and courageous action now to...

04 July 2013

David Trunkfield appointed PwC's Hospitality & Leisure Leader

PwC have appointed David Trunkfield the firm’s new Hospitality and Leisure leader in the UK. David has worked in PwC's Hospitality and Leisure practice since...

10 year gilt yields projected to rise to around 4-5.5% by 2025

Following recent modest increases in UK government bond yields after record lows in recent years, new PwC analysis projects that these could rise significantly in...

Introducing Skyval - PwC launches revolutionary online pensions analysis platform

PwC has launched Skyval, a new pensions risk analytics tool that allows companies and trustees to manage, monitor and take decisions about their pensions issues...

03 July 2013

PwC comment on EU Emissions Trading System backloading vote

Commenting on the European Commission vote approving EU ETS backloading today, Jonathan Grant, director, sustainability & climate change, PwC said: "The EU pioneered the use...

Fund managers pay vote signals major victory for the industry, says PwC

The European Parliament has today (Wednesday 3 July) voted against capping fund managers’ bonuses at 100% of salary under the upcoming UCITS V directive. Jon...

PwC announces 44 new partner promotions

PwC is pleased to announce the admission of 44 new equity partners with effect from 1 July 2013, in addition to 11 equity partners recruited...

01 July 2013

PwC comment on release of UK National Adaptation Programme Report

Commenting on the release of the National Adaptation Programme Report, Richard Gledhill, partner, PwC sustainability & climate change said: “The National Adaptation Programme Report (NAP)...

Business continues to grow and optimism rises in the financial services sector – CBI/PwC

Financial services business volumes continued to grow strongly and optimism improved in the three months to June, according to the latest CBI/PwC Financial Services Survey....

Private Business Awards 2013: Shortlist lines up the big brands with the un-sung heroes

Dr Martens, Hotel Chocolat, Itsu, Big Bus Tours, QuidCo and Pentland Group among the well known brands competing for awards AES Engineering, Dr Martens, Euromonitor...
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