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29 press releases from February 2016

29 February 2016

Savvy shoppers go smartphone globetrotting to bargain hunt – but worries still linger about information security

As canny shoppers find more sophisticated ways to compare prices and find the best deals, 70% of UK consumers say they expect to buy goods...

25 February 2016

PwC's Phil Harrold comments on the latest commercial vehicle production figures

New figures released by SMMT today reveal a 24.4% rise in commercial vehicle manufacturing in January 2016, with foreign demand fuelling production. Phil Harrold, automotive...

PwC appoints Dame Helen Alexander to its Public Interest Body

PwC, the professional services firm, has appointed Dame Helen Alexander, the Chairman of UBM plc and Chancellor of the University of Southampton, to its Public...

Poor working capital management costs industrial manufacturing industry €141 billion

Cash opportunity from improving working capital of up to €11.7bn available to UK industrial manufacturers 11% jump in global revenues but report warns future growth...

Double-digit rise in crime against UK corporates as cyber becomes the fastest growing economic crime

Over half of UK organisations have been the victim of economic crime in the past 24 months, outstripping global rates Shift towards the so-called ‘silver...

22 February 2016

Nominations now open for the 2016 UK Private Business Awards

Nominations are now open for the 2016 UK Private Business Awards - often referred to as the Diamonds - which celebrate the best of UK...

17 February 2016

PwC appoints Patrick Spens to explore transformational potential of blockchain,distributed ledger technology and encryption

PwC has hired Patrick Spens, the former regulator, hedge fund founder and city trader, to help consider the implications and possible applications for blockchain technology...

UK banking CEOs issue warnings on cyber threats and job cuts - PwC survey

UK banking CEOs are preparing for cyber-attacks, predicting a decline in staff numbers and planning tax changes to reflect tougher stakeholder expectations over banking transparency....

16 February 2016

London to be transformed from city of home-owners to city of home-renters in a generation

Patterns of home ownership in London are changing fundamentally. In 2000, almost 60% of Londoners owned the home they lived in (either outright or with...

15 February 2016

Update: Brantano (UK) Limited (the “company”) sale

Tony Barrell, Mike Jervis and Rob Hunt of PwC were appointed joint administrators of Brantano (UK) Limited on 21 January 2016. Following their appointment, the...

PwC accelerates recruitment of data scientists to transform its deals business

PwC plans to add more than 1,000 data scientists to the 500 currently active in its international deals business over the next 18-24 months. This...

New Energy Futures: transforming the oil and gas industry to meet future challenges – PwC report

Oil and gas firms need to expand their focus beyond short-term issues such as tumbling oil prices and over supply if they are to successfully...

12 February 2016

Industrial manufacturing CEOs are adopting a more customer-centric strategy in response to market shocks – PwC Global CEO Survey

82% of industrial manufacturing CEOs view geopolitical uncertainty as major threat to growth 77% are concerned over exchange rate volatility Only 1 in 3 CEOs...

PwC comments on gender pay gap reporting

PwC - one of only a handful of companies to already voluntarily publicly report its gender pay gap - comments on the Government’s plans for...

PwC comments on gender pay gap reporting

PwC - one of only a handful of companies to already voluntarily publicly report its gender pay gap - comments on the Government’s plans for...

11 February 2016

PwC Legal continues with its investment plans with new senior hires

PwC Legal has today announced the following senior hires: David Farmer joins PwC Legal’s Pensions team this month, from DLA Piper, where he was a...

10 February 2016

Boosting working capital could net engineering & construction firms up to €95bn – PwC report

UK sector could net a €4.8bn cash boost by improving working capital practices Industry experienced a jump in revenues of 10.3% year on year, increasing...

The doctor will ‘I.T.’ you now: 4 in 10 willing to consult “virtual GPs” through apps, UK-wide study finds

A new PwC study of the UK’s healthcare market has found that almost four in 10 people would be willing to receive advice from their...

09 February 2016

PRA Solvency II Thematic Review Findings - PwC comments

The Prudential Regulation Authority (PRA) today [9th February 2016] published the findings of a review of firms in the Internal Model Approval Process (IMAP) to...

Asset management CEOs positive as they innovate to take centre ground - PwC’s 19th Annual Global CEO Survey

90% of global asset management CEOs are confident or very confident about revenue growth in 2016. This rises to 95% over the next three years...

Insurance CEOs see technological change, new market entrants and over-regulation as main threats to growth - PwC’s 19th Annual Global CEO Survey

94% of insurance CEOs are concerned about over-regulation in the sector impacting growth 65% see new market entrants as a threat to growth 84% are...

08 February 2016

What No League Tables? Consulting giants join forces to promote gender diversity

Consulting firms are normally seen competing in the war for talent, vying to head the league tables of desirable places to work. But today sees...

PwC Legal advises on the sale of Universal Meats

PwC Legal advised the shareholders of Universal Meats (UK) Limited on its sale to BRF Invicta Limited. The sale makes Universal Meats, one of Britain’s...

05 February 2016

PwC comments on National Minimum Wage offenders being named and shamed

John Harding, employment tax partner at PwC, said: “We continue to see a large increase in HMRC activity around the National Minimum Wage (NMW) and...

04 February 2016

Ben Paul to lead PwC’s airlines and airport industry practice

He believes industry is increasingly turning commercial disruptors to their advantage But warns of revenues risks from digital complacency Ben Paul has been named as...

03 February 2016

Can proposed LBTT changes boost growth in Scotland’s housing supply – PwC comments

It is vital that any changes to Scotland’s Land and Building Transaction Tax (LBTT) have a positive impact on the housing market if Scotland is...

02 February 2016

Safe Harbour panic can be avoided as entities are still in charge of their own destinies: PwC Comment

Commenting on the passing of the deadline for the US and European Union to resolve the Safe Harbour case, PwC partner and head of data...

01 February 2016

Nominations announced for the PLC Awards – The best of the UK to be recognised

The strength of businesses across the UK in the quoted companies sector outside the FTSE100 has been recognised in the nominations for the 30th annual...

European IPO proceeds reached new highs in 2015, but market conditions likely to hinder activity in first half of 2016, says PwC’s latest IPO Watch

European IPOs finished 2015 on a high with total annual proceeds up 16% (to €57.4bn) and average offering value* up 27% (to €248m) year on...
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