Pwc

More than 1,200 chain stores closed in Scotland in 2020 with just 612 openings, continuing a trend that has developed across high streets in recent years, leading to 14% fewer stores compared to 2016 as shoppers migrate to online shopping.

The UK is a more important growth prospect to global CEOs now than it was pre-Brexit, according to PwC’s 24th Annual CEO Survey. The survey of more than 5,000 CEOs globally, carried out in January this year, reveals that 11% of global CEOs selected the UK as a top 3 growth target, up from 9% i

The Scottish business community has largely welcomed Chancellor Rishi Sunak's 'Budget for recovery' which extended the furlough scheme, froze income tax rates for five years and increased corporation tax to 25%. The Chancellor announced that the increase in corporation tax would not take effect

The UK Government must continue to be focused on ensuring the success of UK fintech, according to the newly released Kalifa Review of Fintech.

Scotland’s economy could grow by as much as 4.6% this year according to PwC's projections, as the country begins to recover from the slump created by the COVID-19 pandemic.

PwC UK has predicted that global insurance run-off liabilities will reach $864 billion in 2021. According to the firm's latest Global Insurance Run-off Survey, the growth in legacy activity predicted in the last edition of this report has materialised, boosted by significant investment in both new a

More than half (52%) of financial institutions say they expect to have more gig-based employees over the next three to five years, according to a new PwC report. 

Oil services companies can no longer delay making a choice about their future direction, according to a new report from PwC Strategy&. The options for oil services firms are to stick with their hydrocarbon heritage; becoming ultra-efficient and digitally enabled or pivot towards low carbon growt

Scots have revealed that their local communities are growing closer, and have become more important after a year spent closer to home, however, the pandemic has left society itself more divided. The findings are revealed in PwC’s latest Future of Government research, Rethinking Levelling-Up, w

Mark Batten has been appointed as banking and capital markets leader for the UK at PwC. He will head up the firm’s B&CM practice which provides guidance on all aspects of banking strategy, risk and regulation, FinTech, consumer credit, tax and deals.

The Financial Conduct Authority (FCA) has published a report on change and innovation in the unsecured consumer credit market following a Review by its former interim chief executive, Christopher Woolard CBE. The Woolard Review sets out how regulation can better support a healthy market for unsecure

Finance secretary Kate Forbes did not announce any changes to income tax rates and bands in the coming year after she set out the Scottish Government's budget plans yesterday. Ms Forbes said that in light of the current coronavirus pandemic, it is vital that the Scottish Government continues to supp

Scottish cities are set to avoid the worst of the impact of economic downturns throughout the ongoing coronavirus pandemic, according to the latest Demos-PwC Good Growth for Cities report.

PwC in Scotland has made eight director promotions across its assurance, tax and advisory practices, with women accounting for almost two-thirds of the new roles. Of the eight directors named by the professional services firm, five are women. PwC employs more than 1,000 people across three offices i

There was a sharp increase in Company Voluntary Arrangements (CVA) in consumer-facing sectors across Scottish cities in the second half of 2020, with Edinburgh the third most impacted city in the UK, according to new analysis by PwC.