Pwc

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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

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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

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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.

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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

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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

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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

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