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57 press releases from March 2017

31 March 2017

GDP data, March 2017 - PwC comments

John Hawksworth, chief economist at PwC, comments on the latest UK GDP and national accounts data: “On the surface, today's national accounts data reconfirmed the...

Companies to Inspire Africa - PwC comments

Speaking at the launch event for Companies to Inspire Africa, a London Stock Exchange Group report produced in partnership with PwC, African Development Bank Group,...

29 March 2017

Article 50 triggered - PwC comments on what it means for UK industries

Financial Services Andrew Kail, head of financial services, said: "The UK’s financial services industry is incredibly important not only to the UK but to Europe...

Article 50 triggered - PwC comments

Kevin Ellis, chairman and senior partner, said: “The triggering of Article 50 represents an important moment for the UK. After months of uncertainty the UK...

28 March 2017

PwC gives evidence on cyber security to the Joint Committee on the National Security Strategy

Richard Horne, cyber security partner at PwC, gave oral evidence yesterday to the Joint Committee on the National Security Strategy as part of their ongoing...

27 March 2017

Mixed picture for UK financial services, finds PwC/CBI survey

Hiring expected to rise as profitability improves Sentiment amongst financial services firms deteriorated further in the three months to December, but there are signs of...

UK asset and wealth managers cautiously optimistic but costs continue to rise: CBI/PwC Financial Services Survey

UK asset and wealth managers returned to optimism in the first quarter of 2017, following a period of intense pessimism throughout 2016 according to the...

Mixed picture on optimism as insurers balance rising costs with growth opportunities: CBI/PwC Financial Services Survey

UK life insurers, general insurers and brokers all see opportunities for future growth but optimism is tempered by ongoing margin pressure, according to the latest...

24 March 2017

Pension Protection Fund (PPF) levy rule changes for next triennium, PwC comments

Following the consultation paper published by the PPF proposing changes to its levy rules for the next triennium from 2018/19 to develop a more accurate...

Up to 30% of existing UK jobs could be impacted by automation by early 2030s, but this should be offset by job gains elsewhere in economy

Up to around 30% of existing UK jobs are susceptible to automation from robotics and Artificial Intelligence (AI) by the early 2030s, but in many...

22 March 2017

Brantano Retail Limited (the “company”) - in administration

Tony Barrell and Mike Jervis of PwC have today been appointed as joint administrators of Brantano Retail Limited. The company is a value shoe retailer...

PwC responds to Tech Nation report

In response to Tech City UK's Tech Nation report, Jon Andrews, head of technology and investments at PwC, said: “Today’s Tech Nation report shows that...

Article 50 – PwC experts available for comment

Article 50 will be triggered in one week and the impact of coming negotiations will be felt across all industries and regions. PwC will be...

21 March 2017

UK Inflation, March 2017 - PwC comments

Commenting on the ONS consumer price figures out today, Andrew Sentance, senior economic adviser at PwC, commented: "It is no surprise to see inflation picking...

UK House Price Index, March 2017 - PwC comments

Downward revisions point to less buoyant housing market in advance of Article 50 The first official ONS and Land Registry house price figures for 2017...

20 March 2017

PwC unlocks the value of St Giles Trust Peer to the Future re-offending model

PwC's analysis shows that for every £1 spent, St Giles Trust returns £8.54 in social/economic terms Differentiating peer advisor programme across England and Wales is...

17 March 2017

Consumer spending growth to slow in 2017-18, but Brexit impact will vary by sector

Consumer spending growth is projected to slow from previous strong rates, dropping to around 2% in 2017 and 1.7% in 2018 in PwC’s main scenario...

16 March 2017

​Global private companies confident about own prospects but underprepared for cyberattacks

Private companies are confident about their own prospects but underprepared for cyberattacks, according to a new global press release from PwC. Key findings from the...

15 March 2017

National Insurance U-Turn - PwC's head of tax comments

The Government today scrapped plans to increase National Insurance Rates for the self-employed by 1% to 11% in April 2019. Kevin Nicholson, head of tax...

UK labour market data, March 2017 - PwC comments

In response to today’s UK labour market figures, John Hawksworth, chief economist at PwC, commented: “UK jobs growth was more robust than expected in the...

14 March 2017

PwC comments on new UK consulting market report

Following a report released yesterday by Source Global Research on the UK consulting market, Marco Amitrano, UK consulting leader at PwC commented: “The world is...

13 March 2017

UK FinTech market matures as focus turns to Artificial Intelligence and putting customers first: new Startupbootcamp and PwC report

FinTech startups focused on smarter, faster machines made up 16% of applications to2016 Startupbootcamp FinTech London program in 2016. Focus turns to Artificial Intelligence (AI)...

10 March 2017

Nigeria - the business opportunities and challenges

On Thursday 9th March 2017 the Prime Minister’s Trade Envoy to Nigeria, John Howell MP, joined a round table event hosted by PwC to discuss...

09 March 2017

Midlands Engine Strategy - PwC comments

Commenting on the Midlands Engine Strategy, Stephanie Hyde, head of regions and UK executive board member at PwC, said: “It’s great to see the government...

08 March 2017

Budget 2017: PwC comments on North Sea decommissioning liability support

Alan McCrae, PwC’s UK head of energy tax, comments on the UK Government’s focus on breaking down decommissioning barriers in today’s Budget: “Unquantified decommissioning liabilities,...

Budget 2017: PwC comments on plans to keep business moving

Cara Haffey, PwC’s manufacturing and automotive leader comments on how today’s UK Budget can help keep business moving on UK roads: “The Chancellor’s decision not...

Budget 2017 - PwC comments on the changes in the rules off payroll for personal service companies.

The Government had previously confirmed that from 6 April contractors who work for public sector bodies via certain intermediaries, such as 'personal service companies', some...

Budget 2017 - Comments from PwC's health industries leader

Commenting on today's Budget announcement, Quentin Cole, PwC health industries leader, said: "The Chancellor's announcement shows the Government realises that the pressures on the health...

Budget 2017- PwC comments on R&D tax credits red-tapereduction - boost for financial sector's cyber security efforts?

Commenting on the Chancellor’s efforts to reduce paperwork when claiming R&D tax credits, Peter Maybrey, financial services tax partner at PwC said: “The Chancellor’s moves...

Budget 2017 - PwC comments on the impact of NIC changes on financial services contractors and employers

Commenting on the increase in the main rate of Class 4 NICs for the self-employed by 1% to 10%, with a further 1% increase in...

Budget 2017 - PwC comments on today's Budget and the financial services sector - damp squib or thankfully quiet?

Commenting on today's Budget in relation to the financial services sector, Sarah Prior, financial services tax partner, said: "Today's Budget has thankfully been a quiet...

Budget 2017: Little for business to get excited about

Alex Henderson, tax partner at PwC, said: "Businesses crave certainty and stability, so in that sense it was good the Budget was relatively light on...

Budget 2017 - Comment from PwC's Infrastructure leader

Commenting on today's budget announcement, Neil Broadhead, PwC's Infrastructure leader said: "Today's announcement shows the Government is committed to boosting national productivity by investing in...

Budget 2017 - PwC comments on pensions

Commenting on the impact of today's Budget announcement on pensions, Steven Dicker, chief actuary at PwC, said: "As Budgets go, it was a quiet day...

Budget 2017 - PwC comments on penalties for enablers of defeated tax avoidance

Stella Amiss, tax partner at PwC, said: "In his speech the Chancellor reiterated his commitment to introducing a new penalty for enablers of defeated tax...

Budget 2017 - PwC comments on the housing market

Robert Walker, PwC Housing Leader says: 'Future generations and fairness were a key theme of today's Budget speech, but the Chancellor did not directly mention...

Budget 2017 - PwC comments on personal tax

The Chancellor announced a number of personal tax measures in his final Spring budget today. Iain McCluskey, PwC partner, commented: "Philip Hammond looked like he...

Budget 2017 - PwC comments on public sector and education measures

Commenting on today's Budget announcement, Tina Hallett, Government and Public Sector leader, said: "I am pleased that the Government has put productivity and inclusive growth...

Budget 2017 - PwC comments on productivity

Andrew Sentance, senior economic adviser at PwC, comments on the Budget implications for productivity: “When economists think about the interventions which government can undertake to...

Budget 2017 - Government support for returnships could provide £1.7bn boost to economy

Commenting on the government's £5m commitment to promoting returnship programmes, Laura Hinton, head of people at PwC, said: “It’s great to see the government’s commitment...

Budget 2017 - PwC comments on digitalisation

Stella Amiss, tax partner at PwC, said: "Increasing digitalisation is undoubtedly a move in the right direction and one which - in the end -...

Budget 2017 - PwC comments on what the Budget means for private business

Ben Handley, director at PwC, comments on what the Budget means for private business: “The Budget felt like a bit of a mixed bag for...

PwC's head of tax: A treading water Budget but the NI change opens up a big potential money spinner

Kevin Nicholson, head of tax at PwC, comments: "This was a comfortably treading water Budget - keeping things ticking along as we move to a...

Budget 2017 - PwC comments on National Insurance increase

The Government today announced increasing National Insurance Rates for the self-employed by 1% to 11% in April 2019. Only those with profits above £16, 250...

Budget 2017 - PwC comments on the impact to local government

Commenting on today's Budget, Jonathan House, PwC partner, said: "Councils will welcome the short-term relief today's announcement offers for social care, but the reality is...

Budget 2017 - PwC comments on the economic impact

Safety first Budget as OBR projects little change in medium term picture on growth and borrowing, says John Hawksworth, PwC chief economist: “The Chancellor delivered...

Budget 2017 - PwC comments on Business Rates

Phil Vernon, head of rating at PwC, comments on the business rates measures in the Budget. On help for businesses leaving Small Business Rates Relief...

07 March 2017

Food Retailer Operations Limited (“FROL” or the “Company”) – store closures

Michael Denny, Robert Moran and Matthew Hammond of PwC were appointed as Joint Administrators of Food Retailer Operations Limited (“FROL”) on 10 February 2017. FROL...

06 March 2017

European city hotels set for continued growth in 2017-18, despite security and geopolitical uncertainty- PwC

Porto leads the pack with 15% RevPAR growth forecast in 2017 Dublin expected to have the highest occupancy levels in Europe Strong economic growth forecast...

UK business facing critical shortfall in female tech talent - PwC research

Only 27% of female students would consider career in technology and only 3% say it’s first choice, compared to 62% of males Females are less...
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