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33 press releases from November 2014

27 November 2014

PwC pre-Conference Of Parties (COP) briefing: UN Climate Summit – Lima

The next UN climate summit kicks off in Lima on 1st December. Jonathan Grant, director, sustainability & climate change, PwC, outlines what's on the negotiating...

Implementing the Pensions Guidance Guarantee – PwC outlines the impact for insurers

In response to the publication of the FCA Policy Statement PS14-17 today and the long awaited rules on guidance and signposting for providers moving closer,...

Cyber criminals take the joy out of Christmas

Ahead of Cyber Monday, the busiest online shopping day of the year, PwC experts are warning consumers to take extra caution when doing their Christmas...

PwC’s pensions team advises on pension increase exchange leading to landmark buy-out deal for 22,000 of TRW Automotive’s pensioners

PwC’s pensions team were corporate advisors to TRW Automotive’ (TRW) for the pensioner offers which helped to facilitate its landmark £2.5bn partial buy-out transaction with...

Good growth index shows most UK cities have not yet made up losses since crisis

Despite the rebound of the UK economy since the financial crisis, not all of the ground lost during the recession has been recovered in terms...

26 November 2014

Total Tax Contribution of Britain’s Biggest Businesses Hits Record High

2014 Total Tax Contribution survey for the 100 Group – 10th year - £80bn contribution to exchequer this year, up £2bn on 2013 - Marginal...

24 November 2014

Only 1% of car buyers would buy an electric car - PwC survey

99% of people looking for new cars wouldn’t consider buying an electric car and only 13% are interested in buying a hybrid vehicle. The majority...

21 November 2014

Public borrowing figures - PwC chief economist comments

In response to public sector finance data released today, John Hawksworth, PwC’s chief economist, said: "The public finances remain a headache for the Chancellor. Public...

UK slips two places down league table of effective tax systems

The UK cannot afford to stand still on tax competitiveness, the latest PwC, World Bank and IFC Paying Taxes study shows. After two years of...

20 November 2014

PwC comment on UK's pledge of up to £720m to Green Climate Fund

Jonathan Grant, director, sustainability & climate change, PwC comments on the UK pledge of up to £720m to the Green Climate Fund: "The UK's pledge...

European Courts of Justice opinion on the bonus cap - PwC comments

Niilo Jaaskinen, an advocate general at the European Court of Justice (ECJ), has this morning said that the court should reject the UK’s challenge to...

19 November 2014

Gender pay gap narrows - PwC comments

The latest figures from the Office of National Statistics show that the gender pay gap has narrowed, to 9.4% compared with 10.0% in 2013. This...

18 November 2014

London house prices fall in September, whilst the rest of the UK picks up

Commenting on the ONS house price figures out today, Richard Snook, senior economist, PwC, said: “Today’s ONS data shows that the average house prices in...

14 November 2014

PwC UK named City AM’s Accountancy Firm of the Year

PwC has been named Accountancy Firm of the Year for the second year running at the City AM Awards, an annual celebration of the best...

PwC wins the best newcomer award at the National Apprenticeship Awards

PwC, the professional services firm, has won the award for the best newcomer in the large employer category at the National Apprenticeship Awards. The awards...

Eurozone GDP figures- PwC comments

In response to the eurozone Q3 2014 GDP figures out today, Richard Boxshall, senior economist at PwC, said: “Today’s figures show continued very sluggish growth...

13 November 2014

UK tech awards 2014 - winners announced

Celebrating and rewarding the thriving UK tech market The winners of the UK tech awards, sponsored by PwC and produced by Ford Sinclair Ltd, were...

PwC student and graduate training contributes more than £188m per annum in future UK economic and social benefits

Training graduates and apprentices to gain accounting qualifications at professional services firm PwC, generates future benefits for the UK of £188m per annum according to...

12 November 2014

PwC comment on China & US emissions target pledge

Jonathan Grant, director, PwC sustainability and climate change, said: “With the US and China showing leadership on climate, others can be expected to follow. China’s...

FX fines and industry-wide remediation programme – PwC comments

In response to today’s FCA announcement on FX fines and the launch of an industry-wide remediation programme, Simon Hunt, Financial Services Risk and Regulation partner...

Consumer spending growth set to slow markedly after 2015

Real consumer spending growth is expected to remain relatively robust at around 2.3% in 2015, but then slow down to only around 1.7% per annum...

11 November 2014

Loan portfolio transactions to top Euro 100bn in 2014

ECB review will be a further prompt for continued European bank restructuring Research published today by PwC shows that in the nine months to the...

Commodities prices low, with volatility continuing to hurt the industry: PwC

Economic uncertainty and oversupply have led to price drops over the last three years Global economic challenges, the strengthening US economy and an imbalance of...

10 November 2014

Number of employees working overseas set to surge, but organisations struggle to recoup investment – PwC report

Businesses are investing millions of pounds each year sending employees on global assignments without being able to quantify the cost or measure the value from...

06 November 2014

Construction sector catches its breath

Commenting on the latest construction sector PMI figures, Chris Temple, PwC UK engineering & construction leader, said: “These latest results continue the construction sector’s growth...

Eurozone businesses unprepared for economic or political challenges

Businesses in the eurozone are failing to use the rumbling debt crisis and resulting structural and financial challenges as an opportunity to drive real economic...

05 November 2014

PwC sponsors Seedcamp — accelerator for fast-growth enterprises

PwC has become a sponsor of Seedcamp – the London-based investment fund that supports and accelerates startups from the pre-seed and seed capital stage. PwC...

04 November 2014

Holiday pay ruling - PwC comments

Commenting on the Employment AppealsTribunal ruling that non-guaranteed overtime payments should be taken into account when calculating holiday pay, John Harding, pay expert and partner...

03 November 2014

Living wage increase – PwC comments

The UK Living Wage has today been raised from £7.65 to £7.85 and from £8.80 to £9.15 in London, contrasting with the National Minimum Wage...

PwC publishes gender pay gap analysis

PwC has published the findings of its gender pay gap analysis, a first for its industry group. PwC has reported on its diversity targets and...

Good news that millions will receive breakdown of how their tax is spent

Commenting on news that from today HM Revenue and Customs (HMRC) will send Annual Tax Summaries to over 24 million people, Kevin Nicholson, head of...

London Mining plc in administration- UPDATE (“London Mining” or “the Company”)

After a very challenging period for London Mining, the joint administrators are pleased to announce that the sale of the Company's Marampa Mine in Sierra...

02 November 2014

IPCC Synthesis Report - PwC Sustainability & Climate Change comment

Commenting on the publication of the IPCC Synthesis report, Jonathan Grant, director, PwC, and a specialist in carbon emissions and international climate policy said: “The...
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