Tax cuts to be saved for spring as Hunt preps ‘dour’ autumn statement November 13, 2023 The autumn statement is unlikely to feature any big ticket tax cuts despite the UK's finances being in a better position than expected.
Wilko: On-the-brink retailer missed out on £40m in sale of flagship depot August 20, 2023 Wilko’s sale of its flagship depot has returned to the spotlight as the deal appears to show how the business allegedly missed out on £40m amid a period when it was desperately trying to shore up cash. Last November, the troubled high street store offloaded its 1.1m sq ft warehouse in Nottinghamshire for £48m to [...]
EY plots leadership reshuffle after Big Four firm’s break-up plans scrapped May 15, 2023 EY is planning to alter the leadership team of its UK operations just weeks after it scrapped plans to break-up its audit and consulting business. The Big four accountancy firm’s UK managing partner Alison Kay, one of the top executives in Britain and a likely candidate for the role of boss, will move to a [...]
UK’s biggest firms responsible for 10 per cent of entire Treasury take last year December 5, 2023 Tax contributions from the UK's biggest firms edged towards the £100bn mark in the last financial year
Staff take legal action against Made after job losses announced over Zoom November 10, 2022 Staff are taking legal action against Made.com after being told they would lose their jobs over Zoom yesterday afternoon. About a dozen employees have instructed law firm Aticus to pursue the legal challenge after being made redundant when the collapsed home retailer was bought out of administration by retail giant Next. Former chief exec Nicola [...]
PwC grows global revenue to $43bn despite coronavirus pandemic hit August 25, 2020 Big Four firm PwC said its global revenue grew three per cent to $43bn (£32.7bn) in 2019-20, despite the impact of the coronavirus pandemic. PwC said during the nine months to the end of March revenue grew seven per cent, but said the coronavirus pandemic had a major impact on the remaining quarter to 30 [...]
Centrica vs HMRC: What does Supreme Court ruling on tax deduction mean for businesses? July 26, 2024 Just last week Centrica lost an appeal against HMRC over the treatment of professional services fees.
Home working could cost UK economy £15bn a year, PwC warns September 6, 2020 Home working could cost the UK economy up to £15.3bn a year due to the knock-on effect on office cleaners and security guards as well as nearby cafes and coffee shops. The latest research by accountancy firm PwC showed that the one per cent drop in GDP would be caused by a cut in spending [...]
Isabelle Jenkins named PWC’s new leader of financial services January 18, 2021 Isabelle Jenkins has been named the new leader of financial services for PwC UK after spending 17 years as a partner at the firm. Jenkins replaces Andrew Kail, who held the role over the last four and a half years. He will take up a new role as the CEO of Legal and General retail [...]
The City View: PwC chairman Kevin Ellis on why the office matters August 12, 2020 Subscribe to The City View Podcast: Apple / Google / Spotify / RSS In this episode Christian talks to Kevin Ellis, chairman and senior partner at audit and consultancy giant PwC. Kevin talks about why he’s kept his company’s offices open and why so many of his staff are keen to get back in, even if just for a couple of days [...]