PwC UK has posted its financial performance for the last fiscal year, showing a rise in consolidated revenue by 16% to £5.8 billion. In line with their commitment to emerging technology, the company has decided to invest an additional £100 million in state-of-the-art technologies like AI
Pwc
New analysis by PwC UK has shown that bringing labour market participation among Scotland’s older workers up to similar levels to the South East of England could create more than 55,000 additional jobs. The latest Golden Age Index highlights the significant regional variation in the employment
Wilkinson Hardware Stores Ltd, often known as Wilko, has fallen into administration. Jane Steer, Zelf Hussain, and Edward Williams from PwC have been named as joint administrators for the retail chain, which includes Wilkinson Hardware Stores Ltd, Wilko Ltd, and Wilko.com Ltd. The appointment came i
The Government's proposed Solvency II reforms have the potential to unlock investment by the insurance industry into the UK economy according to new analysis by PwC UK. The refresh of the Solvency II rules will make certain assets more attractive to insurers. This includes infrastructure assets in t
PwC has announced 226 promotions across Scotland, including one equity partner and 12 director appointments. Reaffirming the big four firm's commitment to Scotland, the promotional spree includes all service lines across its three Scottish offices.
The Financial Reporting Council (FRC) has imposed fines totalling £5.01 million on PwC and KPMG for audit failings in relation to Eddie Stobart Logistics (ESL), a logistics company listed on the Alternative Investment Market.
PwC UK has warned its 25,000 employees to brace themselves for smaller pay increases and potentially frozen salaries this year due to difficult market conditions, contradicting industry calls to address rising inflation which stood at 8.7% in May.
New data from PwC's Workforce Hopes and Fears survey has revealed a significant shift in the UK's employment landscape, with nearly a quarter (23%) of workers intending to change jobs within the next year, indicating that the 'Great Resignation' is not abating.
PwC’s Good Growth for Cities Index shows three major Scottish cities improving their performance in the rankings of UK cities against last year’s Index. Scottish cities included in the latest analysis are also performing above the UK average when it comes to the ratio of house prices to
The Scottish economy has reported growth of 0.3% in the three months to February 2023, according to the latest PwC UK Economic Outlook — alongside the rest of the UK’s nations and regions. Whilst the rate of growth north of the border is greater than that of North East, South East,
Two in five businesses (38%) have seen an increase in the number of employees taking long term sick leave due to mental health related illness since the pandemic, according to PwC research.
Big Four accountancy firm PwC has revealed that it will invest $1 billion in artificial intelligence to automate sections of its audit, tax and consulting services in its US business over the next three years. PwC stated that the investment feautres an 'industry leading relationship' with Microsoft,
Scottish consumers are prioritising everyday essentials, like food shopping and spending on children and pets ahead of beauty, home improvements and nights out when it comes to managing finances.
More than half of consumers surveyed for PwC Research’s latest Cost of Living Tracker have said they don’t have confidence that the policies announced in last week’s Budget will have a positive impact on their personal financial situation.
Big four firm PwC has said it is reviewing its hiring and training procedures to accommodate recent school leavers and graduates affected by the lockdown and missed out on taking exams under normal conditions due to Covid.