Palmer & Harvey collapses into administration despite rescue talks with Carlyle Group November 28, 2017 Palmer & Harvey (P&H), the UK’s biggest cigarette supplier, has collapsed into administration despite weeks of crunch takeover talks with private equity firm Carlyle Group, according to reports. PwC was appointed today to handle the administration. Matthew Callaghan, joint administrator and PwC partner, said: “The Palmer & Harvey name has been a trusted partner for [...]
Listen up! The City’s campaign for mental health is coming to a workplace near you April 9, 2018 Listening is an underrated skill. We think that we do it all the time, but there’s a difference between hearing and actively listening. Listening can be incredibly powerful. It can provide a lifeline for someone who is struggling, prevent someone hitting crisis point, and can turn a life around. Today, the Lord Mayor’s Appeal, working [...]
Buck up: UK tech sector not doing enough to attract female talent, according to research by PwC March 6, 2017 The UK's tech sector isn't doing enough to attract female talent, according to research by PwC. Only a quarter of female students in the UK (27 per cent) would consider a career in technology, compared to 62 per cent of males, PwC's survey of 2,000 A level and university students has found. Only three per cent of females [...]
From PwC’s chair to the boss of Vodafone: Here are the top 30 men helping to tackle gender inequality in the workplace March 10, 2017 Lloyds Banking Group’s chief executive of commercial banking and the chairman of PwC have been named among the top 30 men challenging the status quo and promoting gender equality in the workplace. The Women’s Business Council and Management Today have revealed their 2017 Agents of Change, listing 30 male leaders who are actively working alongside women [...]
Deloitte and EY partners push gender pay gaps wider March 7, 2018 Deloitte and EY today updated their gender pay gap data to include partners’ salaries for the first time, in figures which shed light on a bigger difference in earnings between men and women than previously thought. Both of the “Big Four” accountants have bigger gaps when partners’ earnings are factored in, reflecting the greater number [...]
Inflation falls to lowest in a year: Here’s what economists think the Bank of England will do April 18, 2018 Inflation fell in March in a further boost to British households who have suffered a year of real wage falls, but the Bank of England’s job may have become trickier, according to economists. Consumer price inflation (CPI) fell by 0.2 percentage points in March to hit 2.7 per cent. The Bank targets two per cent [...]
PwC US chairman reassures staff over Trump travel ban January 31, 2017 The US chairman and senior partner of professional services giant PwC has become one of the latest business names to reassure staff over Donald Trump's travel ban over seven Muslim majority countries. In a message posted on Facebook, Tim Ryan wrote: I want to thank all those who have reached out to me in the [...]
Deliveroo IPO could be on menu with star tech startup said to be eyeing 2019 float February 11, 2018 An IPO could be on the menu for one of the UK's most high profile and fastest growing tech startups. Deliveroo has appointed PwC to evaluate is strategic options, the Sunday Times reports, with a float in either London or New York being considered for 2019. Founder Will Shu, formerly an investment banker, has previously [...]
Tech companies are more likely to be positive about Brexit’s impact on their business June 28, 2018 Technology companies are more likely to be positive about the impact of Brexit on their businesses on average when compared to other sectors, with more than a quarter of firms having already completed some preparations ahead of the final countdown. A readiness study from Pricewaterhousecoopers released today showed that 41 per cent of tech firms [...]
Mayor of London Sadiq Khan warns of London brain drain caused by steep house prices in capital March 12, 2018 Sadiq Khan fears London businesses could be hit with a “brain drain” if staff are unable to achieve their ambition of owning a home. The London mayor has warned that top bosses see the housing crisis as the primary barrier to doing business in London. In an exclusive interview with City A.M., Khan said: “The [...]