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30 press releases from January 2014

31 January 2014

EBA announces key features of EU-wide stress test - PwC financial services risk and prudential director comments

In response to the European Banking Authority announcing key features of the 2014 EU-wide stress test today, Richard Barfield, a PwC financial services risk and...

PwC survey: Banks need to employ more people to prepare for tougher regulatory stress tests

A new report from PwC has revealed that banks do not have enough employees dedicated to preparing for tougher regulatory stress tests. The report, Passing...

30 January 2014

2013 100 Group Total Tax & Economic Impact Survey Results:

Britain’s biggest businesses make a substantial economic impact and an increased tax contribution in 2013 Total tax contribution up £0.5bn against 2012 - Employment taxes...

28 January 2014

Power and renewables deals set for upward trend in 2014

Deal activity is set for a return to an upward trend during 2014, according to PwC’s annual Power and Renewables Deals report released today, after...

There's growth - but not as we knew it.

Commenting on the release of Q4 GDP figures today, PwC senior economic adviser, Andrew Sentance, said: "The UK economy continues to reflect the "New Normal"...

Nominations now open for the 2014 Private Business Awards

Nominations are now open for the 2014 Private Business Awards, a national scheme that celebrates the contribution private businesses make to the health of the...

27 January 2014

PwC comments on plans for Dutch-style collective pension schemes in the UK

PwC comments on the pensions minister’s outlined plans to introduce Dutch-style collective pension schemes to the UK market. Peter McDonald, pensions partner at PwC, said:...

SMEs and Red Tape

Commenting on the Government's announcement of the intention to cut red-tape and scrap thousands of rules affecting small businesses in particular, Suzi Woolfson, PwC partner...

50p tax: any debate on income tax needs to be part of wider review of UK tax system

Kevin Nicholson, head of tax at PwC, said: "The 50p tax debate is highly emotive, but it's a distraction from a more important issue. Any...

24 January 2014

PwC Upholds 80-Year Tradition Overseeing Oscars® Balloting and Preserving Secrets for Hollywood’s Biggest Night

PwC’s Brian Cullinan Joins Balloting Team This year PwC celebrates its 80th anniversary leading the Oscars® balloting process on behalf of the Academy of Motion...

PwC offers record level of graduate opportunity

PwC, the professional services firm, has increased its number of graduate opportunities to 1450, a 30% increase on the number of roles offered last year....

23 January 2014

PwC comment: UK car production hits six-year high

UK car manufacturing is at the highest volume since 2007, industry figures have shown. Phil Harrold, automotive partner, PwC, commented: “A number of people may...

Delay to pension charges cap - PwC comments

Steve Webb, the pensions minister, has today (Thursday 23 January 2014) confirmed that planned reforms to cap pensions charges for auto enrolment pension funds will...

22 January 2014

PwC grows its defined contribution pensions practice

PwC continues to expand its defined contribution (DC) pensions team with the appointment of Philip Smith. Philip joins PwC from Buck Consultants, where he led...

PwC comment on EU Energy & Climate package

Specialists from PwC’s renewables and climate change team comment on the European Commission’s publication of a 2030 framework for climate and energy policies, including a...

21 January 2014

You’re Hired: PwC Global CEO Survey reveals leap in UK confidence

UK CEOs are among the most confident in the world; Two thirds expect to increase headcount this year, yet three quarters plan to reduce costs;...

20 January 2014

Over £100bn of pensions de-risking deals in the pipeline but barriers remains, says PwC

Pension schemes are missing opportunities to reduce the risk in their pension schemes as they don’t have access to accurate information quickly enough. PwC surveyed...

Recovery feeds through to financial services firms – CBI/PwC

Optimism and business volumes surge As the UK economic recovery takes root, it is beginning to feed through to the financial services sector, according to...

17 January 2014

Retail sales figures - PwC chief economist comments

In response to ONS UK monthly retail sales figures released today, John Hawksworth, PwC’s chief economist, said: “Retail sales were healthy in December compared to...

16 January 2014

Investors turn to recovering markets, regional cities and secondary property as the competition for prime European real estate assets increases

Investors see buying opportunities in Ireland and Spain according to new Emerging Trends in Real Estate® Europe 2014 Report published by Urban Land Institute (ULI)...

15 January 2014

PwC’s top 5 pensions predictions for 2014

1: 2014 looks set to be a record breaking year for pension risk deals Ben Stone, pensions risk consultant in PwC’s team, said: “2013 was...

Political agreement on MiFID II – PwC comments

European policy makers agreed wide ranging changes to regulation for operators and participants in European financial markets in late-running talks last night. More than two...

14 January 2014

PwC comment on ONS house price data

Will Zimmern, senior economist, PwC, said: "Today's ONS UK house price data shows that the recovery in the housing market is now spreading across all...

Inflation figures - PwC's senior economic adviser comments

In response to UK monthly inflation figures out today, Andrew Sentance, senior economic adviser, PwC, said: "This further fall in inflation to 2% is welcome....

13 January 2014

Pay pressure hits non-executive directors as period of pay rises comes to an end – PwC research

Non-executive directors in FTSE100 companies are seeing an end to the increases in their fees experienced after the financial crisis, according to a new report...

10 January 2014

Climate change and UK flooding - PwC comments

Commenting on the effect of the recent continuing adverse weather patterns in the UK, Jon Williams, sustainability and climate change partner, PwC, comments: "The flooding...

08 January 2014

Current floods could cost the insurance industry up to £400m - PwC comments

Commenting on the effect on the UK insurance industry of the continued floods and storms, Mohammad Khan, insurance partner, PwC, said: "The impact of the...

PwC comments on the London Assembly investigation into apprenticeships

We welcome the London Assembly investigation into how effective apprenticeships are in preparing people for work in the capital. As an employer which has grasped...

07 January 2014

PwC comment: 2013 new car market records best performance in five years

UK car sales in 2013 recorded their best year since 2007, industry figures have shown. Phil Harrold, automotive partner, PwC, commented: "Of the 2.26 million...

02 January 2014

What impact will the EU bonus cap have?

Jon Terry, a partner in PwC's reward team, is available to comment on the implications of the European Union bonus cap, which took effect on...
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