Good news for startups: The sharing economy is unfazed by Brexit according to PwC, and could bring £140bn to the UK by 2025 June 28, 2016 The UK's sharing economy could boom to 20 times its worth in just 10 years, according to PwC. The UK's sharing economy sector, which include peer-to-peer lending platforms and crowdfunding sites like Kickstarter, car sharing apps such as Uber, car rental firms and music streaming services like Spotify, is currently worth around £7bn. The audit firm said [...]
PwC warns energy utility firms over rising levels of bad debt May 24, 2016 Energy utilities companies have been slapped with a stark warning over the impact of rising levels of bad debt. Bad debt across the sector rose by 44 per cent to £640m over the last five years, according to an analysis by consulting giant PwC. Water firms also experienced a similar trend as bad debt swelled 44 per cent [...]
An analyst has worked out what happens to London house prices under three scary political scenarios July 4, 2017 Politics: it's been decidedly unpredictable in recent years. Not surprisingly, the resulting uncertainty has led to homeowners taking a moment to consider whether now is the best time to buy or sell. Now an analyst at UBS Wealth Management has confronted three of property owners' scariest political nightmares head-on, working out exactly what would happen [...]
PwC’s Andrew Sentance has a very unusual reason for wanting to stay in the EU May 16, 2016 And you thought Ukippers had weird reasons for backing Vote Leave. Bank of England Governor Mark Carney may be facing a backlash after voicing economic concerns over a potential Brexit, but one former Monetary Policy Committee member doesn't mince his words. Andrew Sentance, senior adviser at PwC and former MPC member, came out in favour [...]
Ollie Phillips: Saracens’ Wolf Pack culture the root of club’s success and driving force behind latest European Champions Cup bid May 11, 2017 Only the very best sides build the levels of consistency needed to claim back-to-back European Champions Cup titles and Saracens have the opportunity to seize their place in history against Clermont Auvergne on Saturday. Victory over the Top14 outfit would allow Sarries to rub shoulders with the great Leicester Tigers team, under the stewardship of [...]
Immigrants add £83bn of economic value to London March 1, 2017 Migrant workers in London with full time jobs each contribute an additional £46,000 net in gross value added (GVA) per year to the economy, research by PwC and London First reveals. A combined total of £83bn for all of London’s 1.8m migrant workers is added, making up approximately 22 per cent of the capital’s GVA. [...]
Let’s not make feminist idols of women who refuse to wear high heels at work February 2, 2017 A report by two parliamentary committees has called for a review of equality legislation, after a receptionist engaged by outsourcing firm Portico was sent home without pay when she refused to wear high heels while temping at PwC. From what I could tell, the temp’s case consisted of three claims. The first was that wearing [...]
City Moves for 7 February 2017 – who’s switching jobs? February 7, 2017 Today's City Moves cover cyber security, energy and tax. Take a look at these movers and shakers: PwC PwC has hired Kate Macmillan as a director in its rapidly expanding cyber security and data privacy legal team in London. Kate joins from Collyer Bristow with 20 years’ experience in data protection and privacy litigation, specialising [...]