Pwc

Scottish consumers are set to channel some more spending into this festive season, according to PwC’s Festive Predictions. The increase in intended spending north of the border closely aligns with PwC’s findings across the UK, which suggests spending on gifts and celebrations will reach

Scotland is leading the way in the creation of green jobs in the UK, according to new data from PwC. The fourth iteration of PwC’s Green Jobs Barometer sees Scotland take the top spot again for the highest proportion of green job adverts of any of the UK’s nations and regions, at 5.6%.

PwC UK’s annual Black Friday survey shows that 41% of Scots say they’re interested in buying this year - up from 35% last year.

PwC has announced it is relocating its Glasgow office to the newly refurbished Aurora building on Bothwell Street in 2025. The firm’s 488 people based in Glasgow will move from the current office also situated on Bothwell Street.

PwC UK has begun a major restructuring, creating a stand-alone technology and AI unit and reorganising several practice areas. The changes impact approximately 2,700 staff and partners, roughly a tenth of PwC's UK workforce. The changes, led by UK managing partner Laura Hinton, aim to simplify the b

PwC UK partners have seen their average pay drop to £862,000 this year, a 5% decrease from £906,000 last year. This comes as the firm's revenue growth slowed to 9%, down from 16% the previous year. Profits also fell by 14% to £1.1 billion.

PwC China has been fined a record £47 million and banned for six months for its role in the Evergrande scandal. Chinese authorities found that PwC failed to identify significant misstatements in Evergrande's financial statements between 2018 and 2020. This oversight contributed to Evergrande's

Store closures in Scotland have slowed significantly, with towns and cities losing less than one shop a day on average, according to PwC. PwC's bi-annual report, using data from location data specialist Green Street, tracks more than 200,000 chain outlets in over 3,500 locations to gain a picture of

PwC has taken the unusual step of appointing a UK partner, Hemione Hudson, to lead its China business amidst the ongoing fallout from the Evergrande audit scandal. The move reflects the deep concern within PwC about the crisis at its China firm, which anticipates a hefty fine and a six-month suspens

Two major Scottish cities have improved their performance in PwC's Good Growth for Cities Index.

PwC UK has communicated to its staff that it will monitor office attendance starting in January. The move comes as part of a stricter hybrid working policy, requiring staff to be in the office or at client sites for at least three days a week.

PwC's China business, PwC Zhong Tian, has said it anticipates to receive a six month business ban from Chinese authorities, starting as early as September, due to its audit of the collapsed property developer Evergrande. The Chinese securities regulator previously found that Evergrande had infl

A UK property developer, Revelan, is suing PwC for £6.6 million in London's High Court. The developer alleges PwC provided "negligent" tax advice which resulted in a £3m tax bill from HMRC. Revelan alleges PwC miscalculated their tax liabilities over a five-year period, errors which PwC

In what marks the first time the Financial Conduct Authority (FCA) has fined an audit firm, the regulator has issued PwC a £15 million penalty for failing to report suspicions of fraud at now-defunct London Capital & Finance (LCF).

Zelf Hussain, Rachael Wilkinson and Peter Dickens of PwC have been appointed as joint administrators of Carpetright Ltd. On appointment, the joint administrators completed a sale of 54 stores and two logistics hubs to CWHP Ltd, part of the Tapi Group. The transaction includes the transfer of 308 emp