Pwc

PwC made 234 promotions across Scotland, including two new equity partners and seven director appointments. The latest round of promotions – which extends to team members across all lines of service in PwC’s three Scottish offices – also includes seven new directors.

Scotland's economy is projected to grow more in this year compared with last year, with real GVA expected to be 0.9% higher across 2024, according to PwC. The Big Four firm's latest Economic Outlook reveals that, while considered subdued, the rate of growth north of the border is greater t

PwC UK has informed its employees of reduced bonuses in certain divisions, smaller pay rises, and a cutback on the popular half-day Fridays perk due to "challenging market conditions". In a memo, chief people officer Ian Elliott told the Big Four firm's 26,000 staff that while the overall bonus pool

PwC has initiated a "silent lay-off" round in the UK, offering voluntary severance to staff in consulting, risk, operational, and managed service divisions in London and Belfast. Affected employees have been individually notified and instructed not to disclose their departure to colleagues or the na

Scotland witnessed a net closure of one store per day in 2023, according to a report by PwC and The Local Data Company (LDC). While 1,069 stores closed, 732 new outlets opened, resulting in a net loss of 337 shops and outlets belonging to chains with five or more locations.

The latest iteration of PwC’s Women in Work Index sees Scotland rise two places to rank top of the UK’s nations and regions. First launched in 2011, the Index is a weighted average of five indicators that reflect women’s labour market outcomes and assess progress made towards achie

PwC UK has made the decision to delay the promotion of 90 junior consultants, keeping them on the graduate programme for a further six months, citing insufficient work amidst a challenging market environment. The decision specifically affects graduates who joined PwC's consulting practice in late 20

An increasing number of financial services (FS) CEOs have shown they will accept reduced profits to support environmentally sustainable investments, as revealed by PwC's 27th annual CEO Survey.

Accountants from EY and PwC are set to face questioning in the upcoming sixth phase of the Williams Inquiry, shedding light on their role in the Post Office scandal linked to the Horizon IT system.

PwC has warned that nearly 30,000 businesses across the UK are set to fail next year, marking the highest corporate insolvency levels since 2004. The Big Four firm predicts a 15% surge in insolvencies over the next 12 months, with small businesses, particularly in catering and hotels, facing the gre

Scotland has emerged as having the UK’s highest proportion of green financial job openings, according to the latest report by PwC in its Green Jobs Barometer series.

Scotland is continuing to lead the way in the creation of green jobs, with the highest proportion of roles advertised compared with other areas of the UK. According to PwC UK’s latest Green Jobs Barometer Scotland is one of only two nations or regions, alongside Northern Ireland, to have recor

Scottish consumers are preparing for a more frugal festive season, as financial pressures cause a significant reduction in holiday spending, according to PwC's latest Festive Predictions. The annual research explores consumers’ Christmas shopping behaviours, from spending on gifts to their fes

Big Four accountancy giant PwC will allow new joiners to advance up to £1,000 of their first month's salary as part of a package of measures aimed at supporting new joiners and prospective recruits from lower socio-economic backgrounds. The actions follow a significant research project with Th

Big Four accountancy giant PwC has set out plans to develop a new platform introducing generative AI technology to the M&A process. PwC is working with AI start-up Harvey on the technology, which will make "AI-customised models trained on the essence of deal-making" available to PwC's deals prac