PwC surveys central governments in 100 countries Governments around the world are increasingly taking steps to improve their accounting and achieve greater transparency – amidst growing recognition that the accounting framework traditionally used by the public sector isn’t fit for the 21st century. A PwC survey covering 100 countries reveals...
Commenting on The Pensions Regulator's annual statement made today on pension scheme funding, Mark Packham, director and head of pensions at PwC in the West & Wales, said: "The Pensions Regulator has announced some important points in its annual statement today that could make life easier for companies with large...
From start to finish in two and a half years isn’t bad for a complete rewrite of a national GAAP. Do I think that the new UK GAAP is one that businesses can apply and understand? Yes, I think it is. And now that the new accounting framework is in...
PwC's West transaction services team provided financial and tax due diligence to Business Growth Fund (BGF) on its growth capital investment in Magmatic Limited. Based in Bristol, Magmatic is the company behind the successful 'Trunki' brand, children's ride-on-suitcases. The travel products sell to a host of retailers and overseas distributors....
UK business leaders are calling for the Government to prioritise initiatives that help foster a skilled workforce as nearly two thirds of UK CEOs (65%) say a lack of key skills is hampering their growth prospects. A global PwC survey of over 1,300 CEOs reveals UK business leaders are more...
Kevin Nicholson, head of tax at PwC, said: "The Public Accounts Committee has highlighted some important points in the current debate about tax. There is clearly scope for modernisation of an international tax system that is outdated for today’s business world, and we support reforms that will help build trust...
Roger Hale and Rob Lewis of PwC were appointed joint administrators of Melloy Limited on 16 April 2013. Melloy Limited is based in Treforest Industrial Estate, Pontypridd, and employed 46 people producing and machining aluminium castings for automotive, agricultural, air distribution, flow control and other applications. The business has faced...
More small businesses than ever are facing the threat of losing confidential information through cyber attacks, according to research published today by the Department for Business, Innovation and Skills (BIS). The 2013 Information Security Breaches Survey has shown that 87 per cent of small businesses across all sectors experienced a...
The millennial generation of workers, those born between 1980 and 1995, would choose workplace flexibility, work/life balance and the opportunity for overseas assignments over financial rewards. This is according to a new comprehensive PwC study of over 44,000 workers conducted in conjunction with the London Business School and the University...
UK consumer price inflation (CPI) for March remained at 2.8% in March, unchanged from February, according to data from the Office for National Statistics, released yesterday. CPI is currently at its highest level since May 2012 and has remained been above the Bank of England's 2% target since November 2009....
