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48 press releases from December 2014

29 December 2014

UK oil & gas industry – PwC’s top five M&A predictions for 2015

The big story for the oil & gas industry in 2014 has been the rapid fall in benchmark oil prices. In the last six months,...

22 December 2014

Cash is king for employees at Christmas bonus time

Employees would overwhelmingly choose a small cash bonus over spending more time with their family this Christmas, according to new research from PwC. PwC asked...

18 December 2014

Impact of the oil price decline - view from PwC's senior economists

The global economic picture Andrew Sentance – PwC senior economic adviser The unexpected nature of the oil price fall means there will be adverse impacts...

16 December 2014

Parliamentary vote on equal pay - PwC comments on why it publishes its gender pay gap

Sarah Churchman, PwC’s head of diversity, was one of the speakers today at Grazia’s equal pay event which was held as MPs voted to implement...

UK bank stress test results - PwC's UK financial services leader comments

In response to today's publication of the UK bank stress test results, Kevin Burrowes, PwC's UK financial services leader, commented: "UK banks have been building...

15 December 2014

PwC post-Conference Of Parties (COP) report: UN Climate Summit – Lima

As the UN climate summit in Lima ended on 14 December, Jonathan Grant, sustainability & climate change director summarises the outcome of the summit which...

12 December 2014

FCA pensions reports: another shot across the bows

In response to the publication of the FCA’s interim report of its retirement income market study, Lee Clarke, a partner at PwC, said: “The market...

11 December 2014

A year of two halves - 2014 European IPOs reach levels last seen in 2007, despite increasing investor fatigue in the second half of the year

European IPOs in the 11 months ended November 2014 (“YTD 2014”) raised over 80% more than the whole of last year, with 344 companies raising...

10 December 2014

PwC comments on the new diverted profits tax

The diverted profits tax provisions were released today by HMRC. The new rules will tax large multinationals at a rate of 25% on the profits...

Santanomics: UK tops Christmas spend among major Western economies

Of the major Western economies over the Christmas period, the UK consumers lead the way, spending around $1,100 (£700*) per person, a third more than...

09 December 2014

PwC comments on ONS October 2014 Index of Production figures

Commenting on the Office for National Statistics' October 2014 Index of Production, Darren Jukes, manufacturing leader at PwC, said: "The ONS figures released today show...

PwC comments on the Government meeting its apprenticeship target

Commenting on the announcement that the Government has fulfilled its commitment to starting 2 million apprenticeships in this Parliament, Sara Caplan, Education and Skills partner...

08 December 2014

London insurance market - PwC's 2015 outlook

Underwriting confidence within the London insurance market leading in to 2015 has reduced compared to this time last year, according to PwC's latest comprehensive review....

04 December 2014

Fiscal Review - PwC outlines the impacts on the oil and gas industry

The Treasury has announced its response to consultation on its Fiscal Review on the Oil & Gas tax regime. Alongside the Wood Review measures agreed...

03 December 2014

AS 2014: PwC comments on CGT non-residents regime

Commenting on the Capital Gains Tax regime for non -residents, Rosalind Rowe, real estate tax partner at PwC, said: "Last week the Government issued its...

Autumn Statement 2014 - PwC comments on impact on transport industry

Commenting on the impact of the Autumn Statement on the transport industry, Coolin Desai, transport and logistics industry leader at PwC, said: "The planned investment...

AS2014 – No mileage in reimbursed business travel costs from April 2016

The Government has announced that any business travel which is claimed in conjunction with a salary sacrifice arrangement for travel will from April 2016 no...

AS2014 – National Insurance break for apprentices could save companies over £200,000 a year each

Commenting on the announcement of a National Insurance Contributions break from April 2016 for employers employing apprentices under the age of 25, John Harding, employment...

Autumn Statement 2014 - PwC comments on the impact on the manufacturing industry

In response to the Autumn Statement, Darren Jukes, manufacturing leader at PwC, commented on the impact on manufacturers: "The additional support being offered for investment...

AS2014 – PwC comments on stamp duty in takeovers

The Government has announced changes to the Companies Act to prohibit capital reductions of companies in takeover situations using a scheme of arrangement in which...

Autumn Statement 2014 - PwC comments on green tax

Jayne A Harrold, PwC's Indirect Tax Senior Manager said: "Lots of good news for businesses and families on the environmental tax front today as costs...

AS2014 – PwC comments on employees’ benefits bonus for next year

The Government has announced that 'trivial' benefits for employees costing less than £50 will be tax exempt from 6 April 2015. John Harding, employment tax...

Autumn Statement - PwC overview

Alex Henderson, tax partner at PwC, said: "Ever since the introduction of fixed term parliaments, Autumn Statement 2014 was pencilled in as an election curtain...

AS2014 – PwC comments on stamp duty in takeovers

The Government has announced changes to the Companies Act to prohibit capital reductions of companies in takeover situations using a scheme of arrangement in which...

Autumn Statement 2014 - PwC comments on impact on construction industry

Commenting on the infrastructure announcements contained within the Autumn Statement, Chris Temple, engineering and construction leader at PwC, said: “Given the slower growth currently experienced...

AS2014 – PwC comments on employees’ benefits bonus for next year

The Government has announced that 'trivial' benefits for employees costing less than £50 will be tax exempt from 6 April 2015. John Harding, employment tax...

AS 2014 PwC comments on stamp duty: " dead zones" avoided as some buyers could have enough spare cash to buy a new car

Commenting on the overhaul of the stamp duty rates on residential property, Paul Emery, stamp duty taxes partner at PwC, said: “People buying an average...

AS 2014 – PwC comments on the introduction of a new tax relief for the production of children's television programmes and high-end television tax relief

Emma Richards, senior manager at PwC, said: "The introduction of a new tax relief for the production of children's television programmes from April 2015 will...

AS 2014: PwC comments on stamp duty changes for portfolio buyers: good news for Generation X

Commenting on the Chancellor's changes to Stamp Duty Land Tax on housing supply, Rosalind Rowe, real estate partner at PwC, said: “The UK has just...

PwC comments on measures for small businesses

Alex Henderson, tax partner at PwC, said: "Small businesses might be excused for feeling like the Cinderella part of the economy in recent Budgets and...

Autumn Statement 2014 - PwC comments on UK R&D

Commenting on the implications for UK R&D in the Chancellor's Autumn Statement, Rachel Moore, innovation incentives specialist for PwC in Cambridge, said: "We welcome changes...

Autumn Statement 2014 – PwC comments on the abolition of employer National Insurance contributions for apprentices under 25 years

Director of PwC's Public Sector Research Centre, Nick C. Jones comments: "The overall tone of this year’s Autumn Statement is that the job is not...

AS2014 – PwC comments on impact of Autumn Statement on UK Insurance market

Colin Graham, UK Insurance Tax Leader at PwC, said: “Perhaps of most interest today to the insurance sector is a commitment in the Autumn Statement...

Autumn Statement 2014: PwC comments on Chancellor's offensive on stamp duty tax avoidance

Commenting on the chancellor's decision to raise the Annual Tax on Enveloped Dwellings (ATED) by 50% above inflation, Rosalind Rowe, real estate tax partner at...

Autumn Statement - PwC comments on Business Rates

Responding to the Chancellor's announcement on Business Rates today, Simon Tivey, partner at PwC, said: "The Autumn Statement has provided further support for SMEs following...

Autumn Statement 2014 - PwC comments on changes to personal tax

Iain McCluskey, tax director at PwC, said: "The Chancellor continued his theme of raising the income tax personal allowance above the rate of inflation, with...

Autumn Statement - PwC comments on anti-avoidance measures

Stella Amiss, corporate tax partner at PwC, says: "There are some big numbers but these cover the life of this Parliament, and a big chunk...

AS2014 - PwC comments on abolition of Air Passenger Duty for children

Commenting on the Air Passenger Duty (APD) announcement in the Autumn Statement 2014, Michael Burns, partner at PwC, said: "While any reduction in Air Passenger...

AS 2014 – PwC comments on regional economy

In response to the Chancellor’s announcements on small business support, road and rail improvements and the North science hub, Stephanie Hyde, PwC Executive Board member...

AS 2014 - PwC chief economist comments on public finances

John Hawksworth, PwC’s chief economist, said: “This balancing act is based on a small net fiscal tightening in the Autumn Statement, which re-emphasises that austerity...

AS 2014 – PwC comments on new state pension amount

The Government has announced that the new state pension will be at least £151.25 per week, with the actual amount to be confirmed this time...

AS2014 – PwC’s head of UK energy tax comments on The Fiscal Review of the Oil and Gas Tax Regime

The UK Chancellor has announced changes to the oil and gas tax regime which, along with further announcements to be made tomorrow and the Wood...

AS 2014 - PwC comments on the introduction of student loans for postgraduate students

PwC's education and skills partner, Sara Caplan said, “We really welcome the Chancellor's move to offer a student loan for postgraduate degrees. The HE Commission...

AS 2014 – PwC comments on changes to joint-life annuities

Commenting on the tax changes to joint-life annuities when they are passed on to a spouse after death, Raj Mody, head of pensions consulting at...

AS2014 – PwC comments on the Treasury unveiling £2.3bn to be spent on flood defences

AS2014 – PwC comments on the Treasury unveiling £2.3bn to be spent on flood defences In response to the Chancellor’s announcement of investment in flood...

02 December 2014

Construction PMI - PwC comments

Commenting on the latest Markit/CIPS UK construction PMI, Chris Temple, engineering and construction leader at PwC, said: "These latest results continue the construction sector’s growth...

01 December 2014

PwC Latin America surveys businesses in the region to find 80% agree that sustainability is relevant to their business

LONDON - As the United Nations Climate Change conference COP20 starts today in Lima, Peru, PwC Argentina releases the results of a survey on sustainability...

Autumn Statement 2014 - PwC briefing The Autumn Statement is a statement of intent. Any announcements will need to have been agreed across the Coalition,...
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