Commenting on the Financial Conduct Authority's Asset Management Market Study final report, Mark Pugh, PwC's Asset and Wealth Management Leader, said: "We welcome today's final... Read more
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Latest press releases
22 June 2017
Taylor Review into Modern Employment Practices - PwC comments
In advance of the upcoming publication of the Taylor Review into Modern Employment Practices, Julian Sansum, people and organisation partner at PwC, comments on what... Read more
21 April 2017
Mid-season executive pay snapshot shows continued restraint
Analysis by PwC of the first 40 FTSE 100 companies to publish their remuneration reports in 2017 indicates executive pay levels are falling in real... Read more
Encouraging economic growth in UK and across G7, but productivity levels still lagging
G7 GDP growth rates increased to 1.7% in the last quarter of 2016 Least variation in growth rates across G7 countries than at any time... Read more
12 April 2017
UK labour market data, April 2017 - PwC comments
In response to today’s UK labour market figures, Andrew Sentance, senior economic adviser at PwC, commented: “Although the unemployment rate remains at its lowest level... Read more
Fitness and food replaces fashion and finance as the British high street continues to evolve
Tobacconists, health clubs and jewellers are among the retail chains growing at the fastest rate on Britain’s high streets during 2016, according to research conducted... Read more
11 April 2017
UK patients most sceptical about healthcare via AI and robotics
But open-mindedness of men and the young offers chance to transform healthcare delivery 55% of consumers across EMEA countries are willing to use AI and... Read more
10 April 2017
London regains its position as Europe’s most active exchange for IPOs, although IPO activity remains subdued across Europe
53 European IPOs raised €4.5bn in Q1 2017, an increase of €1.0bn, or 28% as compared to the €3.5bn raised by 50 IPOs in Q1... Read more
06 April 2017
PwC experts comment on gender pay gap reporting
PwC has publicly published its gender pay gap since 2014. Discussing the impact this has had, Sarah Churchman, head of diversity at PwC, said: “Simply... Read more
UK financial services firms fear up to 40% of revenue at risk from FinTech.
Six-in-ten UK financial services firms believe up to 40% of their revenue is at risk of being lost to standalone FinTech firms Almost half (47%)... Read more
05 April 2017
Money Market Fund (MMF) regulation finalised - PwC comments
The Money Market Fund (MMF) regulation* was finalised today with a vote in the European Parliament. Amanda Rowland, asset management regulation partner at PwC, comments:... Read more
04 April 2017
The PwC Sage Impact Centre launches
As part of PwC’s global strategic collaboration with Sage, PwC is launching a UK based PwC Sage Impact Centre to help companies who currently use... Read more
03 April 2017
PwC collaborates with public and private sector partners to uncover new sustained global cyber espionage campaign
The close working collaboration between private sector companies and UK’s National Cyber Security Centre led to identifying and disrupting new cyber attack campaign Systemic cyber... Read more
UK pension fund deficit falls to £500bn, according to PwC’s Skyval Index
New figures released today from PwC’s Skyval Index show the deficit of defined benefit (DB) pension funds stood at £500bn at the end of March... Read more
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... Read more
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,... Read more
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... Read more
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... Read more
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... Read more
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... Read more
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... Read more
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... Read more
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... Read more
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... Read more
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... Read more