Accountancy firms Johnston Carmichael, PwC, EY and KPMG, have responded to the 2022-2013 Scottish Budget announced by finance secretary Kate Forbes yesterday. The finance secretary stated that ending Scotland’s contribution to climate change, tackling inequalities and investing in the ec
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One in ten chain shops in Scotland are still closed six months after the lockdown which was in force in the first half of 2021, with 99 closing permanently, according to new research by PwC and the Local Data Company.
The demand for ‘Green Jobs’ is higher in Scotland than in any other part of the UK, and the country is also best positioned to maximise the benefits of green investment, according to PwC. These findings come from PwC’s Green Jobs Barometer launched today - a first of its kind analy
As part of its ongoing alliance with Microsoft, PwC has launched a new digital banking solution, developed as part of Microsoft Cloud for Financial Services - designed to empower financial institutions to innovate, adapt and modernise. This new solution combines PwC’s digital banking expertise
Edinburgh’s hotel sector is showing strong signs of recovery from the impact of the pandemic, even before COP26 room rates are taken into account, according to PwC’s UK Hotels Forecast 2021-2022. The Scottish capital was among the hardest hit cities in the UK when the country spent much
With less than two weeks to go until COP26 begins, PwC has transformed its Glasgow office into a net-zero hub which reduced its carbon footprint by 73% reduction, based on a ten-year lifecycle.
UK law firms' fees and profits are exceeding expectations this year, a report from PwC shows. Its 30th Law Firms’ Survey showed that just under three-quarters reported an increase in fee income with 76% seeing profit increases. The findings are consonant with the figures from Scottish firms in
A new report published by PwC has revealed that just 14% of its staff come from a lower socio-economic background. As part of its full year annual report for 2021, The Big Four firm has announced a targeted action plan to increase social mobility through its recruitment, development and progression
The average pay for partners at Big Four accountancy firm PwC soared by more than a quarter last year to a whopping £868,000. According to the firm's full-year results, a deal-making boom boosted demand for its advisory services.
Partners at PwC are on track to receive a bumper sum of £868,000 – their biggest annual payout in recent history. The Big Four firm's 900 partners have been told they can expect average pay for the year to June 30 to be £818,000, up 19% on a year earlier, plus £50,000 from th
Scots are preparing to return to the daily commute when Covid-19 restrictions are lifted, with many willing to pay extra in travel costs to protect the environment, according to new research from PwC. With restrictions still in place, 40% of Scots are currently spending at least one day a week worki
The Financial Conduct Authority (FCA) has today made a commitment to be a more, innovative, adaptive and assertive regulator. The commitment reflects the FCA’s Business Plan for 2021/22, the first annual plan since Nikhil Rathi joined the FCA as chief executive in October 2020.
Financial services firms in the UK are planning to boost IT spending to tighten up their cybersecurity, according to new data from PwC UK and the CBI. The latest results from the CBI/PwC Financial Services Survey 2021 show that 70% of firms plan to invest more over the next 12 months. This is almost
The role of accountancy and finance professionals has dramatically evolved in the pandemic, but only one in three think their current elevated status will be an enduring change, according to a global survey from the Association of Chartered Certified Accounts (ACCA) and PwC. The finance profession h
PwC has extended the number of equity partners in Scotland to 34 with two new admissions to the partnership bolstered by the relocation of two specialists in energy, and M&A tax advice. In addition, five new directors have been unveiled. Martin Cowie has relocated from Belfast to Aberdeen to hel