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41 press releases from July 2016

29 July 2016

European Banking Authority stress test results: PwC comments

Anthony Kruizinga, PwC's European head of stress testing, said: “The European stress testing regime, which began in its current form with the Comprehensive Assessment in...

PwC comments on Pension Protection Fund’s statement on Third Levy Triennium

Commenting on the statement from the Pension Protection Fund (PPF) on the Third Levy Triennium Consultation, PwC’s Julia Dickson, pensions credit advisory partner at PwC,...

28 July 2016

Consumers refocus priorities as household disposable income slows - PwC survey.

Consumers across Britain expect their household disposable income to fall over the next 12 months, according to a recent survey from PwC. PwC’s regular consumer...

27 July 2016

Financial services need to radically rethink crime protection and prevention 

Economic crime in financial services outpaces other industries  Increased spending on compliance fails to reduce economic crime  61 % of UK financial services respondents reported...

Revised Audit Firm Governance Code - PwC comment

Commenting on the revised Audit Firm Governance Code, published today by the Financial Reporting Council (FRC), Hemione Hudson, PwC's UK head of assurance, said: "Our...

UK GDP preliminary estimate, July 2016 - PwC comments

Commenting on the latest GDP data out today, Andrew Sentance, senior economic adviser at PwC, said: "The pick up in growth in the UK in...

PwC comments on the Executive Remuneration Working Group final report

The Executive Remuneration Working Group has published its final report to make pay simpler and better aligned to company strategy and performance. Fiona Camenzuli, partner...

Limited change to executive pay levels but lessons to be learnt following this AGM season

The 2016 AGM season saw three quarters of FTSE 100 companies receive shareholder votes in excess of 90%, in favour of their remuneration reports, according...

26 July 2016

Separating signal from noise in emerging technology

PwC analysis identifies the ‘Essential Eight’ technologies that businesses should consider With no shortage of technological breakthroughs affecting businesses today and many more on the...

22 July 2016

FCA review on general insurers & appointed representatives - PwC comments

This morning the Financial Conduct Authority (FCA) announced the result of their recent investigation into the control and oversight of appointed representatives* in the general...

21 July 2016

Retail sales data, July 2016 - PwC comments

In response to the latest retail sales data, John Hawksworth, chief economist at PwC, commented: “Retail sales fell back in June after their strong growth...

Public finance data, July 2016 - PwC comments

In response to the latest public finance data, John Hawksworth, chief economist at PwC, commented: “There was some good news for the new Chancellor in...

Clare Stirzaker to lead PwC’s UK family governance team

PwC, the professional services firm, is pleased to announce that Clare Stirzaker has been promoted to partner and will lead the UK family governance team,...

PwC Retail & Consumer U.K. Retail Sales Comment

Please find a comment from the PwC Retail & Consumer team; in reaction to the latest U.K. Retail Sales figures, released today (21st July), Sue...

The potential economic impact of Brexit for London, the UK and Europe

PwC’s real GDP growth projections for the UK revised down Potential loss of passporting a challenge for London Ireland and Cyprus are the most exposed...

Europe’s banking market in need of a “Fintervention”– and now has a major opportunity to transform itself

European banks must initiate an overhaul in order to fend off new and varied challengers as the spectre of Brexit looms over the sector. This...

20 July 2016

UK labour market data, July 2016 - PwC comments

In response to today’s UK labour market figures, John Hawksworth, chief economist at PwC, commented: “Today's data shows that the UK labour market remained in...

PwC appoints Lindsay J’afari-Pak as UK insurance tax market leader

Lindsay J’afari-Pak has been appointed as PwC’s UK insurance tax market leader, effective immediately. She succeeds Colin Graham who will focus on his role as...

PwC Legal boosts cyber and data team with appointment of James Drury Smith

PwC Legal continues to grow its cyber security and data protection practice with the appointment of James Drury Smith. James joins as a director from...

19 July 2016

Surge in InsurTech start-ups aimed at improving customer service - new PwC and Startupbootcamp InsurTech report

New research, based on more than 1,300 start-ups from across the world focusing on the insurance industry, highlights the potential for start-ups to improve the...

UK should avoid severe recession or house price crash despite growth downgrades following Brexit vote

Real GDP growth projected to slow to around 1.6% in 2016 and 0.6% in 2017, but should gradually recover thereafter as the initial shock from...

18 July 2016

PwC reveals public view of armed services in latest Forces for Change survey

A PwC survey has found that nearly half the public are supportive of nuclear deterrent, while a significant proportion of people remain undecided, particularly women....

Government Digital Economy report - PwC comments

In response to the report on the Digital Economy released this morning by the House of Commons' Business, Innovation and Skills Select Committee, Mike Greig,...

PwC expands return to work scheme to bring more talented women back into the workplace

PwC has increased the number of places on its ‘Back to Business’ return to work programme tenfold to help get more talented women back into...

15 July 2016

The Pensions Regulator’s guidance to trustees following the vote to leave the EU- PwC comments

Following The Pensions Regulator publishing guidance to trustees following the vote to leave the EU, Richard Cousins, pensions consulting partner at PwC, said: "It is...

PwC sponsors new data exhibition at the Science Museum

In response to today's opening of the 'Our Lives in Data' exhibition at the Science Museum sponsored by PwC, UK head of data analytics at...

14 July 2016

MPC maintains Bank Rate, July 2016 - PwC comments

Commenting on the latest Bank Rate out today, Andrew Sentance, senior economic adviser at PwC, said: "The MPC has taken a very sensible decision to...

13 July 2016

Launch of the Natural Capital Protocol - PwC comments

Commenting on the launch of the Natural Capital Protocol in London, Will Evison, Assistant Director, Sustainability and Climate Change at PwC said: "The Natural Capital...

PwC partner appointed to chair Africa advisory group

Joel Segal, partner and chair of PwC’s Africa Business Group, has been appointed as Chair of TheCityUK’s Sub-Saharan Africa Market Advisory Group. The Sub-Saharan Africa...

12 July 2016

Pension schemes no better off than 10 years ago - how should companies respond to Brexit?

It has been 10 years since PwC began tracking support for defined benefit schemes across the FTSE 350. Over that time, despite a gradual recovery...

PwC’s business recovery services team appoints four new partners

PwC’s business recovery services team has appointed four new partners across its London and regional practice, bringing its total number of partners to 51.  ...

11 July 2016

Women in Finance Charter - PwC comments on diversity in financial services

Following HM Treasury’s publication of the signatories to the "Women in finance charter" Jon Terry, UK financial services people leader at PwC, said: “It is...

Global ETF assets under management set to exceed $7 trillion by 2021 – new PwC report

PwC expects accelerated growth in Exchange Traded Funds (ETFs) over the next five years, with global assets under management (AUM), expected to exceed $7 trillion...

PwC's latest IPO Watch predicts European IPO proceeds to be no more than €25bn by the end of the year

Q2 European IPO proceeds dropped 26% compared to Q2 last year, affected by global uncertainties including the EU referendum. London was especially impacted, down 75%...

08 July 2016

PwC grows its pensions practice with new senior promotions

PwC has strengthened its pensions business with nine senior promotions across the practice. In total there are three new equity partners and six new directors...

PwC marks its commitment to the Armed Forces

PwC has marked its continued commitment to the British Armed Forces, a year after signing the Corporate Covenant, by hosting the Red Arrows, Chelsea Pensioners...

07 July 2016

PwC comments on the Female FTSE Report - No time for complacency

Commenting on the release of the latest Female FTSE report, Laura Hinton, head of people and executive board member at PwC, said: "It's great that...

04 July 2016

PwC appoints Sandra Dowling as UK Real Estate leader

Sandra Dowling has been appointed as PwC’s UK Real Estate leader, effective immediately. Sandra succeeds Craig Hughes who has moved to the Global Real Estate...

The US extends its leading position in PwC’s Global Top 100 companies ranking

The UK keeps its third position in PwC’s Global Top 100 companies ranking post Brexit vote  The US extends its leading position in PwC’s Global...

01 July 2016

Start-up bank hopefuls unfazed by Brexit fears says PwC - 9 in 10 clients still aiming for a debut

The pipeline of start-up banks and other financial firms looking to set up in the UK following the EU referendum vote is showing no sign...

The Market Abuse Regulation 2016: PwC comments

Commenting on the new Market Abuse Regulation (MAR), Ruk Permal, financial services, risk and regulation partner at PwC, warns that the new rules that are...
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