Pwc

Financial institutions are spending, on average, 14% of annual operating costs on change management functions in order to drive greater productivity gains, a new PwC study has shown.

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

Almost £4 billion would be added to Scotland’s economy by levelling-up female workforce participation to match the highest performing region of the UK, according to the latest PwC Women in Work Index. 

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. 

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

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