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24 press releases from August 2016

31 August 2016

Statement from PwC re the conclusion of the Financial Reporting Council's Cattles plc investigation

PwC said: "While the FRC has acknowledged that we had been deliberately misled by third parties, we recognise that certain aspects of this 2007 audit...

26 August 2016

GDP data, August 2016 - PwC comments

In response to new GDP data released today, John Hawksworth, chief economist at PwC, commented: “Today's data confirms that the UK economy grew by a...

Healthy eating is increasingly on consumer’s agendas, with millennials leading the way

PwC Report: Healthy eating is increasingly on consumer’s agendas, with millennials leading the way Healthy eating is moving up the consumer agenda thanks to increased...

23 August 2016

2016 London Market pricing conditions – PwC review 

2016 London Market pricing conditions – PwC review  Evidence of recent experience and rate changes not being appropriately reflected in pricing Casualty and Cargo lines...

22 August 2016

PwC to recruit over 1,000 technology specialists to its UK Risk Assurance business by 2020

PwC’s UK Risk Assurance practice is on track to recruit more than 1,000 technology specialists over the next four years to meet increasing client demand...

SMEs look to post-Brexit opportunities, but concerns over productivity and systems remain

· Government should prioritise negotiating single market access & new trade deals  · Germany should be the priority EU member for new trade agreements  ·...

19 August 2016

Public finance data, August 2016 - PwC comments

Commenting on today's public finance data, PwC chief economist John Hawksworth said: “The public finances were in surplus by £1 billion in July, which is...

£65m bulk annuity deal between Just Retirement and Amey OS Scheme Trustees announced

A £65m funding deal for one of the defined benefit pension schemes sponsored by engineering and public services firm Amey has been completed, PwC announces...

18 August 2016

Retail sales data, August 2016 - PwC comments

In response to the latest retail sales data, John Hawksworth, chief economist at PwC, commented: “Today's retail sales data for July provides a positive surprise,...

More students choose apprenticeship route, as PwC sees applications rise

Applicants to PwC’s school leaver programmes, including apprenticeships, up 8% from last year and 20% from 2014 Immediate increase in the number of graduate applicants...

PwC reveals €1.1 trillion cash opportunity for companies globally

£28 billion working capital opportunity for UK companies  EU companies require more working capital to fund their operations than UK counterparts  Companies should revisit lessons...

17 August 2016

PwC responds to HMRC's consultation on tax avoidance sanctions and deterrents

Kevin Nicholson, head of tax at PwC said:  “We welcome the opportunity to participate in this consultation process and look forward to contributing on this...

UK labour market data, August 2016 - PwC comments

In response to today’s UK labour market figures, John Hawksworth, chief economist at PwC, commented: “Today's data confirmed earlier indications that the UK jobs market...

16 August 2016

CPI and RPI data, August 2016 - PwC comments

Commenting on the latest consumer price inflation and retail price index data, John Hawksworth, chief economist at PwC, said: “The first post-referendum data saw the...

UK House Price Index, August 2016 - PwC comments

Commenting on the UK House Price Index, Richard Snook, senior economist, PwC, said: Housing market remained strong before Brexit vote, but future slowdown likely “Today’s...

15 August 2016

PwC announces new media audit win with Global Radio after Rickards Media Services acquisition

PwC is pleased to announce a new media audit win with Global Radio following a competitive tender, building on its acquisition of Rickards Media Services...

11 August 2016

PwC comments on HMRC’s consultation on salary sacrifice

John Harding, employment tax partner at PwC, said: Salary sacrifice “Many employers use salary sacrifice arrangements whereby an employee sacrifices cash pay for another benefit...

PwC says name-blind job applications aren't the silver bullet needed to tackle bias

Commenting on calls to introduce name-blind job applications to reduce bias against Muslims and other minority candidates, Laura Hinton, head of people and executive board...

09 August 2016

Competition and Markets Authority retail banking investigation – PwC response

Commenting on today's publication of the Competition and Markets Authority (CMA) final report following its investigation into the retail banking market, Isabelle Jenkins, PwC’s UK...

04 August 2016

MPC cuts Bank Rate, August 2016- PwC comments on pensions

Commenting on the latest Bank Rate out today, Richard Cousins, pensions consulting partner at PwC, said: “Today's base rate cut means long-term gilt yields are...

MPC cuts Bank Rate, August 2016 - PwC comments

Commenting on the latest Bank Rate out today, Andrew Sentance, senior economic adviser at PwC, said: "This cut in interest rates was widely expected, but...

01 August 2016

PwC’s People & Organisation practice appoints new partners

PwC’s People and Organisation practice has recently appointed seven new partners, bringing its total number of partners to 57 in the UK.   Iain McCluskey...

PwC appoints four new healthcare partners across public sector health and pharma

PwC has admitted four new partners to its health practice, reflecting the firm’s ongoing investment in health industries. The appointments across the UK and in...

Blockchain holds huge potential for wholesale insurance: new Z/Yen and PwC report

New research from Long Finance, sponsored by PwC and conducted by Z/Yen, shows the wholesale insurance* market is enthusiastic about implementing blockchain solutions**. The report...
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