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28 press releases from April 2014

29 April 2014

Weaker pension schemes set to lose out from the Pension Regulator’s funding guidelines - PwC analysis

New PwC analysis reveals that if schemes with the weakest covenants follow the Pension Regulator’s draft consultation guidelines on integrated risk management and investment strategy...

GDP figures - PwC's senior economic adviser comments

In response to GDP data released today, Andrew Sentance, senior economic adviser, PwC, said: "The UK economy continues to show healthy and sustained growth with...

Cost of business cyber security breaches almost double

The number of information security breaches affecting UK businesses has decreased over the last year but the scale and cost of individual breaches has almost...

28 April 2014

PwC report – State Pension Age reform required to make Government pensions proposals a reality

The age people expect they will receive their state pension affects their retirement plans 80% of survey respondents hope to retire before 67, the planned...

25 April 2014

Retail sales figures - PwC chief economist comments

In response to ONS UK retail sales figures released today, John Hawksworth, PwC’s chief economist, said: "Retail sales volumes edged up only slightly between February...

24 April 2014

PwC comment: cyber insurance

Commenting on the news that AIG is offering a policy to compensate companies for cyber crime, Daljitt Barn, PwC cyber security director and former chairman...

PwC comment: Car manufacturing output increases in March

UK car production rose 12% in March to 142,158 units, bringing 2014-to-date growth to 2.9%, industry figures have shown. Phil Harrold, automotive partner, PwC, said:...

23 April 2014

Public borrowing figures - PwC chief economist comments

In response to public sector finance data released today, John Hawksworth, PwC’s chief economist, said: "Public borrowing excluding special factors came in at just under...

17 April 2014

PwC acquires GeoTraceability – putting natural resources and global supply chains on the map

PwC has today announced the acquisition of GeoTraceability, a company offering specialised tracking and data collection technology for natural resources including cocoa, coffee, cotton, nuts...

16 April 2014

ONS earnings data - PwC chief economist comments

John Hawksworth, chief economist at PwC, commented: "Today's data show regular pay rises of 1.4% over the past year, close to the latest consumer price...

Financial Services firms plan to increase cyber spending – CBI / PwC

Almost two-fifths (38%) of financial services firms plan to boost spending to combat cyber crime over the next 12 months according to the latest CBI...

15 April 2014

London house prices could average over £0.5 million by the end of this year - PwC

Today's ONS data shows that average house prices in the UK grew by 9.1% between February 2013 and February 2014. This compares with a January...

PwC: 88% of (re)insurers believe that changes to underwriting teams are needed in order to make the most of new catastrophe modelling technologies

Over a third expect to spend over £5m on new catastrophe modelling technology However, 70% are uncertain of the total costs that will be required...

Bridging the family business generation gap

80% of the next generation of family business leaders have big ideas for change and growth 88% say they have to work harder than others...

14 April 2014

PwC: UK annuities market could decline by up to 75% as consumers look to alternative retirement products

· 63% of consumers intend to pay for advice from an IFA on how to access their pension pot, yet half have pension pots of...

PwC appoint Ian Oakley-Smith as new leader for charity sector team

Ian Oakley-Smith has been appointed as head of PwC’s charity sector team in the UK. He will lead the team responsible for the firm’s audit,...

13 April 2014

PwC comment on IPCC Working Group 3 report on climate change mitigation

PwC sustainability and climate change team comment on the IPCC Working Group 3 on climate change mitigation, energy and emissions, developing countries, and carbon competitiveness....

11 April 2014

West Cornwall Pasty Co. – In administration and sale of business

David Chubb, Stuart Maddison and Robert Moran of PwC were appointed as joint administrators of West Cornwall Pasty Co. (the Company) on 11th April 2014....

10 April 2014

Defined Benefit pension costs research - significant savings opportunities exist for pension schemes, says PwC

The Pensions Regulator has today published detailed findings for the first time on the level of costs that trustees of defined benefit (DB) pension schemes...

09 April 2014

PwC expects surge in European IPOs to continue

Q1 2014 European IPO proceeds of €11.4bn exceed first quarters of previous four years combined. Retail IPOs led the way in Q1 – eleven IPOs...

08 April 2014

The UK is missing out on £1.2 billion due to talent mismatch

A global study by PwC, commissioned by LinkedIn, reveals the economic impact of not having the right people in the right jobs New research by...

04 April 2014

PwC comments: New car registrations hit 10-year high

As with previous years, March has proven to be a good month for new car registrations. Phil Harrold, automotive partner, PwC, said: “The launch of...

03 April 2014

David Lancefield, Global Economics and Media partner at PwC, comments on the “Disruptive leadership for the digital age” during his seminar at Advertising Week Europe:

"Leadership is no longer just about setting a strategy and executing it well, it’s about staying ahead of the game, and spotting the signs that...

PwC named in Top 50 employers for women

PwC has been included in The Times Top 50 Employers for Women 2014, which lists the organisations that are leading on workplace gender equality. The...

PwC response to FCA credit card competition review

In response to the FCA announcing a competition review into credit cards, David Kenmir, PwC financial services conduct and culture co-leader, commented: "Today's announcement is...

02 April 2014

Northern Lights 3 – how can operators survive and thrive in the UK North Sea?

35bn of decommissioning opportunities for collaborative and innovative firms £27bn annual supply-chain could deliver as much as £3bn extra profit through better management The UK...

01 April 2014

PwC comment: Manufacturing growth slows in March

The UK manufacturing sector continued to grow in March 2014, albeit at a slower rate. Darren Jukes, PwC UK Manufacturing leader, commented: “There is continued...

Companies planning third year of bonus reductions at upcoming AGMs despite economic recovery, says PwC research

PwC analysis shows 2014 is set to be another year of executive pay restraint as early reporting shows FTSE100 executives have seen their bonuses fall...
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