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07 March 2019

Breaking through the glass ceiling in hospitality, travel and leisure

By Lisa Hooker, UK Consumer Markets Leader If you want to give your economy a real boost, improve opportunities for women – our newly published Women in Work Index shows that bringing female employment rates in the UK up to the high levels in Sweden would increase our national GDP...

06 March 2019

Moving up the risk curve

By Matthew Alabaster Greater competition for core infrastructure assets means many investors are considering how to maintain returns by taking on assets with greater commercial, operational or market risk. At PwC, we’ve seen a lot of our infrastructure clients looking at assets higher up the risk curve. Some are broadening...

“To B or not to B”: is achieving B Corporation status valuable for organisations in 2019?

By Isabella Fox Our research suggests 2019 will be a tough year. With Brexit uncertainty and a slowdown in economic growth, consumers will be more cautious about their spend generally. Conscientious consumption is also becoming more mainstream and continues to affect purchasing decisions. With our predictions of declining retail volumes,...

05 March 2019

The Data Paradox - How much is your data worth?

By Grit Young At our recent client event, aimed at leaders of technology companies, we discussed a broad range of topics including valuing data as an asset class, business transformation through effective pricing and driving value from Intellectual property. At the heart of the discussion was the significance of ‘data’....

26 February 2019

Asia Pacific Real Estate investors’ focus is broadening

By Natalie Breen, Head of Asia Real Estate Desk Recently, we touched on the transfer of risk that’s underway from West to East, driven by the rising demand for UK and European assets from investors based in the Asia Pacific region. We wanted to further examine the nature of the...

25 February 2019

Fortune favours the brave - how to win using technology in a flat retail environment

By Tom Woodham, Digital Supply Chain Leader Our predictions for 2019 are for relatively flat economic growth and retail volume decline – Brexit outcome depending. In this “New Normal”, subdued retail environment, you need to take share to grow. This means the right technology investments and a ruthless focus on...

22 February 2019

Why the benefits of BIM make it a no-brainer - not a burden

By Andrew Walker As I recently discussed on a podcast, it’s an unfortunate fact that in some circles Building Information Modelling (BIM) has an image problem. As a process for creating and managing digital information through not just construction but every phase of the lifecycle of a built or “real...

21 February 2019

Diversity in hospitality, travel and leisure: If you want to reap the diversity dividend, make sure you have the fundamentals in place

By Jon Terry, UK Diversity and Inclusion Consulting Leader I recently had the privilege of hosting and speaking at the launch of the 2019 Edition of the Women in Hospitality, Travel and Leisure Review. The passion that shone through the debates at the event and the readiness of so many...

12 February 2019

Esports: Is it smooth growth or are there speed bumps along the way?

By Andy Fahey, Esports Lead Watch my vlog or read the blog version below. Our latest entertainment & media outlook shows significant growth in esports over the next 5 years; from $800m to $1.5bn at a rate of 20% per annum. This growth is being underpinned by sharp upturns in...

Four focus areas for law firms to grow their revenues, margins and resilience in the coming five years

Leon Hutchinson's second blog maps out the steps law firms need to take if they’re to remain resilient for the next five years.

Law Firm Survey: Taking stock of the past five years – and building resilience for the next five

Every year, PwC’s Law Firms’ Survey provides a fascinating snapshot of the current state of the UK legal sector. In this year’s study the picture appears fairly bright, with over 90% of firms reporting growth in fee income, and 40% saying it’s in double-digits.

Brexit and the future of UK travel – What did a recent ABTA seminar tell us?

By Damon Wright, Head of Travel & Leisure, Indirect tax With almost uncanny timing, on Thursday 31 January, PwC hosted an ABTA seminar, at which a range of speakers (lawyers, accountants, industry and government representatives) considered the possible impact of Brexit on the UK travel industry, both inbound and outbound....

08 February 2019

Reflections on the Bett EdTech tradeshow: unlocking opportunities for providers selling to schools in the “new normal”

By Georgina Howe and Ian Koxvold Each year, our extended education strategy team visits pretty much every stand at the education technology event BETT to review new products and services and talk to providers about their experiences. This year, despite negative headlines about school spending, we were encouraged to find...

06 February 2019

Tech in the Thames Valley: Building a greater sense of identity

By Russell Taylor PwC’s recent ‘Good Growth for Cities’ report showed Reading and Oxford as the highest performing cities in the UK, across a range of measures. The Thames Valley has a thriving tech scene, but we’ve been looking at how we can build on this and make it even...

31 January 2019

Data: Could it be your real asset?

By Eoin O’Murchu and Alan Lavery As infrastructure and real estate investors increase their focus on service related assets, whether in the private rented sector or student accommodation; ferries, car parks, storage terminals or hotels, they face the same challenge. This being the changing nature of consumer habits and preferences....

28 January 2019

TOMS and Brexit - What could happen in the event of a no-deal outcome, update No 2

By Damon Wright, Head of Travel and Leisure - Indirect Tax HMRC has now published The Value Added Tax Tour Operators Amendment EU Exit Regulations, setting out the proposed changes to the UK VAT Tour Operators Margin Scheme (TOMS) legislation in the event of a no-deal Brexit. This maintains TOMS...

21 January 2019

Living wills are coming in Facilities Management – so embrace them now to get ahead of the game

By Derrick Tate and Farah Abou Until a couple of years ago, the facilities management (FM) industry appeared to be steering a fairly steady course. True, the rising maturity of the FM outsourcing market was starting to create pressure on providers’ growth and costs. But they could count on a...

27 December 2018

Brexit and TOMS: What could happen in the event of a no-deal outcome?

By Damon Wright, Head of Travel & Leisure, Indirect tax If the agreed deal and political declaration on the future relationship with the EU successfully pass through the UK and EU Parliament and become binding it would seem that, at least for the transitional period, the UK will remain within...

17 December 2018

The close of the cycle or a land of opportunity?

By Simon Hampton and James Pincus Many investors will fondly remember the days when they could buy an asset – be it an office block or a piece of infrastructure – then sit back for a few years and then sell it at a handsome profit. Try that investment strategy...

14 December 2018

Costs and capacity - a challenging cocktail for UK hotels

By David Trunkfield, UK Hospitality and Leisure Leader There was a mixed mood among the CEO panel at our recent UK hotels forecast 2019 launch event; Surinder Arora - Founder and Chairman of The Arora Group, Christopher Cowdray - CEO of The Dorchester Collection, Shane Harris - CEO of Jupiter...