Get the most out of the new kind of career ladder July 28, 2014 Think lengthways, and start experimenting in your current position. Getting on in the working world has never been so important. But is it still an environment where climbing the ranks yields the best returns? According to Priscilla Claman, president of Career Strategies and Harvard Business Review contributor, linear career ladders haven’t existed in most [...]
UK’s entertainment and media market to reach £64bn by 2018 June 3, 2014 VIDEO games will account for over six per cent of the UK’s overall entertainment and media market by 2018, according to PwC’s Global Entertainment and Media Outlook. Britain’s entertainment and media market will itself will grow 9.2 per cent to £64bn, buoyed by video games, internet advertising and the booming film and television sales in [...]
Solid rise in revenues revealed with plans to expand from PwC October 1, 2013 PROFESSIONAL services giant PwC revealed robust growth in the last fiscal year yesterday, posting $32.1bn (£19.81bn) in revenue, a four per cent increase. PwC’s UK arm underperformed against the company as a whole, with revenues only growing by two per cent. The biggest growth markets for the company in the fiscal year to 30 June [...]
Report calls for government to scrap fixed state pension age April 28, 2014 PRESSURE on the government to go even further to shake up the state pension system is mounting, after professional services firm PwC published a report today calling for the state pension age to be scrapped altogether. Instead, people should be allowed to choose when they retire as part of a new retirement window structure, which [...]
Lloyds private equity arm sells Metronet to Isis in £45m buyout June 30, 2014 The private equity arm of Lloyds Banking Group has sold its stake in Manchester-based tech group Metronet (UK) to Isis Equity Partners for £45m. Lloyds Development Capital, which ploughed £11m into Metronet in 2012, had made a four times return on its equity investment after selling the stake, it said. Metronet [...]
Eight charts that sum up 2014 December 22, 2014 This year will be remembered for the fragmentation of mainstream politics, Scotland's near exit from the 307-year old union and an economy which the Bank's chief economist Andy Haldane described as "writhing in both agony and ecstasy." What does all that look like? Here are eight charts that sum up the year. (Source: Getty) 1. [...]
Albemarle & Bond finds suitor to help rescue remnants of firm April 14, 2014 BROKEN pawnbroker Albemarle & Bond will be sold by its administrators PwC this week to a private equity consortium led by Promethean Investments. The company, which was de-listed from the London stock exchange after its shares became worthless, is expected to see some of its stores rescued by Promethean and Apollo Global Management. “Mike Jervis, [...]
Regulator launches investigation into PwC audit of Berkeley September 16, 2013 Regulators have announced the launch of an investigation into auditor PricewaterhouseCoopers (PwC) (release). The Financial Reporting Council is looking into PwC's audit of Berkeley. The Financial Reporting Council (FRC) has launched an investigation under the Accountancy Scheme into whether PricewaterhouseCoopers LLP was independent when it conducted the audit of The Berkeley Group Holdings plc’s financial [...]
Rise in jobs for grads fuelling boom in hiring May 27, 2014 BIG GRADUATE recruiters are boosting hiring programmes even further this year, with vacancies up by more than a third, and many firms saying they are yet to fill positions for this year’s intake. Figures from jobs site Adzuna today show vacancies for graduates up 37 per cent from 2012. And though there is still fierce [...]
Wellbeing in the workplace: Get happy and thrive July 16, 2014 Remember the three Cs and you could see a boost in productivity. The idea that employee wellbeing can impact a company’s bottom line isn’t a new one. Back in the 1970s, the US Worksite Health Promotion movement campaigned for firms to think of staff health and happiness as an essential ingredient in productivity. [...]