Square Mile and Me: Allica Bank’s Kate Valdar on start-ups, long lunches and Costa Rica June 29, 2023 Each week we ask the City's movers and shakers to take us through their Square Mile journey. This week it's Kate Valdar - general counsel at SME-focussed Allica Bank - on her musical past, her time at PwC and why Costa Rica is on her bucket list
PwC to reveal pay gap between employees from different social classes September 13, 2021 PwC will publish data about the pay gap between its employees of different socio-economic backgrounds, the Big Four firm has reportedly said. The details, which will be published this week, will mark the first time the accounting giant makes such information public according to This is Money, which first reported the news. The pay gap [...]
PwC partner accused of leaking in £63m lawsuit leaves firm August 18, 2021 Ian Green, the former PwC head of restructuring, left the firm on 30 June according to Companies House filings, following accusations by Watchstone that he leaked confidential information about the PwC client. Aquis Exchange-listed Watchstone, an insurance and technology group, have said that Green disclosed its information to a banker at Greenhill & Co in [...]
PwC offloads mobility tax consultancy arm to PE group CD&R for $2.2bn October 19, 2021 CD&R has reached a $2.2bn takeover deal with PwC to snap up its global mobility tax and immigration services business, in the consultancy giant’s biggest sell-off in almost two decades. Globally, the unit currently advises more than 3000 organisations with tax and immigration compliance issues when they move staff overseas – a market that more [...]
PwC sued by racing car dealer for failing to spot alleged fraud July 27, 2021 PwC has been sued by the administrators of JD Classics, a racing car dealership, for allegedly failing to to spot fraud resulting in losses of over £41m. The UK’s biggest accounting firm was accused by administrators from Alvarez & Marsal of being negligent in their handling of accounts between 2016 and 2017 according to the [...]
UK energy sector M&A activity rises to £10bn this year despite economic gloom August 2, 2023 A flurry of business activity saw nearly £10bn of M&A deals powered by the energy sector in the first six months of 2023, according to PWC.
PwC partner accused of leaking in £63m lawsuit resigns – CityAM : CityAM August 18, 2021 Ian Green, the former PwC head of restructuring, left the firm on 30 June according to Companies House filings, following accusations by a PwC client that he leaked confidential information about it. Aquis Exchange-listed Watchstone, an insurance and technology group, have said that Green disclosed its information to a banker at Greenhill & Co in [...]
PwC: 80 per cent of Big Four’s staff hail from higher socio-economic class September 15, 2021 Less than 15 per cent of the Big Four’s workforce come from a lower socio-economic background, according to data published by the accountant for the first time today. Staff from a higher socio-economic background, on the other hand, make up over four-fifths of the workforce at PwC UK, which was named the top employer for [...]
PwC to hire 100,000 new staff in next five years June 15, 2021 PwC plans to go on a hiring spree in the next five years that will see it employ 100,000 more staff as part of a $12bn investment. The new hires will increase the firm’s total headcount by nearly a third to around 384,000. The new staff form part of PwC’s strategy ‘The New Equation’, announced [...]
Belfast boost: PwC to create 800 new jobs in Northern Ireland’s capital June 16, 2021 Professional services giant PwC plans to create close to 800 new jobs in Belfast. The 771 posts are part of a £40m investment in the company’s new Advanced Research and Engineering Centre, which will open in the city next month. The jobs will be created over the next five years. The new centre is part [...]