Pwc

BDO is the latest major accountancy firm to announce cuts to partners remuneration and the furlough of staff with the firm decreasing partner pay by a fifth amid the coronavirus pandemic. BDO, which is the fifth-largest accounting group in Britain by revenues, told its 5,500 employees yesterday

Financial services optimism fell in the three months to March and firms expect a sharp decline in business ahead, according to the latest CBI/PwC Financial Services Survey.

Partners at the UK's biggest accountancy firms will have their payouts slashed by hundreds of thousands of pounds this year as the sector prepares to face a huge crash in revenues amid stemming from the coronavirus outbreak. Yesterday, partners at BDO agreed to cut partner pay by up to 25% in a bid

Fashion retailer Laura Ashley has filed for administration, with PwC appointed as administrators.  The move comes after rescue talks for the firm were scrapped by the outbreak of Coronavirus.

Scotland has lost its crown as the leading area of the UK for working women after dropping to fourth place in this year’s PwC Women in Work Index, having topped the index in the last two years.

Staff from PwC Scotland are delivering cyber security lessons to more than 700 pupils across 20 schools this week. To mark Cyber Security Week 2020, staff from the firm’s Glasgow and Edinburgh offices are delivering a lesson plan devised as part of PwC’s Tech We Can programme.

Scotland’s deals market is set to see increased activity in 2020, with a ready availability of cash expected to attract sellers as Brexit uncertainty dissipates, leading PwC to expand its deals team. PwC predicts that this year will see an increase in the sale of owner-managed businesses, whil

The Big Four accounting firms are engaging in talks with the audit regulator regarding a self-imposed break-up in an attempt to get ahead of government enforcement action. The Financial Reporting Council (FRC) is currently drawing up guidelines for the separation of audit and consulting operations a

CEOs in Europe’s biggest economies regard the UK as one of the most important territories for their organisation’s future growth - more so today than in recent years, according to PwC’s 23rd annual CEO Survey. For Germany, France and Italy’s CEOs, the UK is as attra

Government and businesses are being urged to prepare for reskilling workers at risk from automation, with 45% of Scots feeling concerned at the prospect, compared to 38% across the UK, according to a new study by PwC. The study has found that most workers in Scotland believe quotas should be introdu

Challenger accountant BDO has rivalled The Big Four accountancy companies as it has taken on nine FTSE 250 audit clients this year. BDO's expanded client base comes as 'The Big Four' (Deloitte, PwC, EY and KPMG) increase their fees and cast off risky customers.

PwC, Royal Bank of Scotland and Morgan Stanley have joined forces to help improve gender diversity in the technology sector in Scotland. The firms have teamed up to launch the Tech She Can Charter in Scotland, which aims to generate a lasting increase in the number of women pursuing technology

Economic growth in Scotland will remain subdued in 2019 and 2020, but slightly ahead of the UK overall this year, according to PwC’s latest UK Economic Outlook. The report projects growth of 1.3% in Scotland this year, down 0.3 percentage points from July’s projection, but ahead of the 1

The North Sea has the potential to become a global showcase for the energy transition as a number of low carbon solutions grow in prominence, with partnership models becoming critical for the future of the basin, according to a new report from PwC and OGUK. Turning the Tide – the Transformatio

PwC has been named among the leading supporters of social enterprises in Scotland after winning the Market Builder award at the Social Enterprise Awards Scotland last night. The awards are the biggest celebration of social enterprise in Scotland, recognising innovation, impact and success in social