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35 press releases from September 2014

30 September 2014

GDP figures - PwC chief economist comments

In response to GDP data released today, John Hawksworth, PwC’s chief economist, said: “Today's revised GDP data show a small upward revision to UK economic...

29 September 2014

PwC comments on plans to abolish death tax on pensions

George Osborne has announced plans to abolish the 55% tax that applies to untouched defined contribution pension pots by people aged 75 or over, and...

23 September 2014

Bankers who repay certain bonuses may no longer be short changed on tax, following significant court ruling

Employees who have to repay their bonuses may now be able to recover the tax paid on the money they didn't get to keep, following...

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE Re: Store closure list

Following the announcement yesterday of Phones 4u store closures, please see the attached list for details. This comes after the transfer of 140 stores to...

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE Re: property agent

Following the joint administrators' difficult decision to close a large number of stores, Jonathan Haigh, real estate director at PwC, has confirmed the appointment of...

Public borrowing figures - PwC chief economist comments

In response to public sector finance data released today, John Hawksworth, PwC’s chief economist, said: "Today's public finance data include a large number of methodological...

22 September 2014

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE Re: store closures

The administrators are pleased to confirm earlier announcements regarding the transfer of more than 2000 staff working in 198 P4U stores and 160 concessions. The...

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE Re: EE

The Phones 4u administrators can confirm that a deal has been agreed with EE which will see the mobile network firm pay £2,500,000 to acquire...

Simon Hampton joins PwC from Jefferies to lead real estate deals business

Simon Hampton, the former head of real estate, gaming and lodging at Jefferies investment bank, has joined PwC to lead its real estate deals practice....

19 September 2014

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE Re: Vodafone UK agreement

Further to the recent announcement to transfer more than 800 staff to Dixons Carphone, the P4U administrators can confirm that a deal has been agreed...

Phones 4u Limited (‘P4U', 'Phones 4u' or ‘the Company’) in administration- UPDATE

Following the appointment on 15 September and subsequent discussions with parties expressing an interest in the Phones 4u business, the administrators have made the difficult...

PwC: what does the Scottish Referendum mean for tax in Scotland and the UK?

Commenting on what the Scottish Referendum result means for tax in Scotland, and the UK as a whole, David Glen, head of tax in Scotland...

PwC responds to the Scottish Referendum outcome: Lindsay Gardiner comments

Responding to the outcome of the Scottish referendum, Lindsay Gardiner, regional leader at PwC in Scotland, said: “After 23 months of debates and discussions, the...

18 September 2014

PwC appoints new asset management tax director

PwC has appointed Bradley Phillips as an asset management tax director. Bradley will focus on advising investment funds and asset managers on a range of...

17 September 2014

Phones 4u Limited (‘P4U or ‘the Company’) in administration- UPDATE Re:Policy Administration Services

Further to the announcement on Monday 15 September that Phones 4u Limited (P4U) has been placed in administration, Dan Yoram Schwarzmann, Douglas Nigel Rackham, Robert...

Phones 4u Limited (‘P4U', 'Phones 4U' or ‘the Company’) in administration- UPDATE

Rob Hunt, joint administrator and PwC partner, said: "We can confirm that Dixons Carphone have agreed, with our blessing, to offer roles to all people...

Landmark ECJ ruling will bring huge VAT bill to banks and insurers

Banks, insurers and other financial services firms across Europe face extra VAT costs running into £100 millions in the UK alone, following an ECJ judgment...

Earnings data - PwC chief economist comments

In response to ONS earnings data released today, John Hawksworth, PwC’s chief economist, said: "Today's data shows that regular pay growth remains very subdued at...

16 September 2014

The OECD today set out recommendations from the first part of its tax reform programme to tackle Base Erosion and Profit Shifting (BEPS) Richard Collier,...

PwC comment on ONS house price data: Average London house price breaches £500,000 milestone

Commenting on the ONS house price figures out today, Richard Snook, senior economist, PwC, said: "Today's figures revealed that the average London house price has...

15 September 2014

Phones 4u Limited (‘P4U or ‘the Company’) - in administration

Robert Jonathan Hunt, Ian David Green and Robert John Moran of PwC have today been appointed as administrators to Phones 4u Limited (P4U), a leading...

European run-off market set for sixth year of growth as Solvency II drives deals – PwC survey

The European run-off market is expected to grow for the sixth year in a row, with transactional activity set to reach a peak in 2015...

PwC breakfast briefing: Emerging risks present an opportunity the broking industry must seize

In his keynote speech today at the PwC breakfast briefing at the annual Monte Carlo Reinsurance Rendez-vous, Dan Glaser, president and CEO of Marsh &...

PwC UK delivers growth in an improving market

PwC, the professional services firm, has today (Monday) reported revenue growth of 5% to £2,814 million for the year ended 30 June 2014, up from...

Clients expect more from their brokers in the challenging new risk era, according to PwC report

Brokers need to take on a wider risk advisor role in the market or face losing profitable business to special risk advisors, according to PwC’s...

14 September 2014

Reinsurers need to differentiate themselves or risk consolidation, PwC report

The reinsurance sector could be set for a renewed wave of cost-cutting and consolidation, with reinsurers with undifferentiated ‘me too’ strategies particularly vulnerable according to...

12 September 2014

Growth beds in – PwC’s UK hotels forecast to 2015

Real evidence of a sustained growth story in the regions after some difficult years – Glasgow Commonwealth Games drove largest uplift in occupancy in regions...

PwC comment on IPPR Decentralisation Decade - UK almost four times more centralised than the EU average.

Commenting on the launch of the IPPR’s Decentralisation Decade report, supported by PwC, Stephanie Hyde, head of regions at PwC, said: “There’s a healthy debate...

11 September 2014

FoundOcean is UK private business of the year

Winners of 2014 UK Private Business Awards (The Diamonds) revealed #PBA14 Want to start a successful business? Choose something you like and have fun. That...

10 September 2014

Big business decisions driven by gut instinct as well as gigabytes – PwC report

Business leaders are taking major strategic decisions about the future of their businesses based on their gut instinct and experience in preference to the use...

PwC appoints new insurance director

PwC has appointed Daniel Dzenkowski as an insurance director and FATCA specialist. Daniel will primarily help to lead specific aspects of PwC’s operational tax services...

PwC appoint Tina Hallett to lead firm’s government & public sector group

Tina Hallett, an experienced partner and public sector advisor has been appointed as leader of PwC’s government and public sector group. Tina will lead PwC’s...

09 September 2014

PwC comment on Government's climate change agreement view "Securing our Prosperity"

Specialists from PwC's sustainability and climate change team comment on the launch today of the UK Government's Securing our prosperity through a global climate change...

07 September 2014

UK economy grows greener - but world heading for 3°C - 4°C of warming unless greenhouse gas emissions rapidly reduced.

Download 2 Degrees of Separation: the PwC Low Carbon Economy Index 2014 UK is the most improved nation in PwC’s annual index of carbon efficient...

03 September 2014

PwC’s growing cyber security practice recruits leading data protection lawyer

Stewart Room, former data privacy and security partner at Field Fisher Waterhouse, is joining PwC Legal as a partner in the firm’s cyber security practice....
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