The UK is leading the way across Europe in preparing for the adoption of an interbank digital currency, and is fifth in the world. However, a consumer offer remains some way off, according to new analysis by PwC.
Glasgow-based vegan subscription business TheVeganKind has raised £3.5 million in Series A Capital funding after being advised by PwC. Husband and wife co-founders, Scott and Karris McCulloch launched TheVeganKind subscription delivery box service in 2013 after identifying challenges associate
Following extensive consultation with employees, Big Four audit firm PwC has announced a deal to allow its 22,000 employees greater flexibility for post-pandemic working. The firm has said employees will be given more freedom to decide the most effective working pattern on any given day - for e
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
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
The cost of home and motor insurance may fall in 2021 according to predictions by PwC UK. Changing regulation, plus the ongoing pandemic, could have an impact on the cost of general insurance, causing significant downward pressure on premium rates across both personal and commercial lines.For person
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