Pwc

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

The UK banking sector has made a substantial £41 billion contribution to the government's tax receipts in the financial year ending March 2023, according to a report by UK Finance and produced by PwC.

Scottish consumers have begun to increasingly display a diminishing interest the Black Friday sales, with a mere 35% expressing intent to participate in 2023, signalling a significant drop from the previous year's national interest of 61% to 44%.

Scotland's economic outlook remains cautious, with growth anticipated to be subdued through 2023 and 2024, according to the latest PwC UK Economic Outlook report. The Scottish economy is expected to see real gross value added (GVA) growth of just 0.3% in 2023, aligning with some regions but falling

PwC has become the the latest of the Big Four firms to plan a reduction to its UK workforce. PwC has refrained from specifying the number of employees targeted by the initiative, confirming only that it would extend voluntary severance packages. However, it is expected that up to 600 positions could

PwC's global firms have reported a record revenue of $53.1 billion (around £43.5bn) in the financial year ending 30 June 2023, marking a 9.9% growth in local currency. This achievement comes despite the exclusion of the Russian firm from the network and the sale of the global mobility and immi

Scotland has emerged as the UK’s most productive manufacturing region, with manufacturing output per hour being 19% higher than the UK average, according to new analysis by PwC UK. The new findings come as part of PwC’s Industrial, Manufacturing and Services Productivity Tracker, which a

Glasgow-based Fraser Wilson has been appointed as the new regional leader for financial services at PwC UK. Mr Wilson Fraser, who already leads on financial services for PwC Scotland, takes on the new leadership role, overseeing activity with financial services clients across the UK regions outside

PwC Scotland has reported a 12.5% increase in graduate recruits this year, with a total of 90 students joining the firm's offices in Glasgow, Edinburgh, and Aberdeen. Of the new recruits, the majority (43) will join the Edinburgh office, with 37 based in Glasgow and 10 in Aberdeen - with 77% of the

Joint administrators from PwC have announced the planned closure of all 400 Wilko stores by October, resulting in around 12,500 staff losing their jobs.

Joint administrators from PwC for Wilkinson Hardware Stores Ltd, along with its subsidiaries wilko Ltd and wilko.com Ltd, have confirmed the closure of two Scottish stores – Irvine and Clydebank – resulting in a loss of 38 jobs.

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

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