PwC to unveil 6pc jump in its revenues September 11, 2011 TURNOVER at professional services firm PwC rose by six per cent last year, as increased demand from its financial services clients offset a fall in revenues from the public sector. The accountancy giant will announce this morning that revenues from its UK, Middle East and Channel Islands operations hit £2.46bn in the year to 1 [...]
Somebody needs to guard the City of London’s guardians July 17, 2012 I HAVEN’T been a fan of all of the Treasury select committee’s recent outings. There have been some excellent moments and some dire ones. But Andrew Tyrie, the body’s chairman, did a great job yesterday. He pointed out that the removal of Bob Diamond raises serious questions about whether regulators should be given such arbitrary [...]
Osborne plans crackdown on avoidance schemes March 21, 2012 A GENERAL anti-abuse rule (GAAR) will be consulted on and implemented next year with the aim of stopping firms and individuals using “aggressive” tax avoidance schemes. George Osborne described tax evasion and extreme tax avoidance as “morally repugnant,” saying he wants firms to respect parliament’s will. The rule is expected to be based on a [...]
PWC HOSTS AWARDS TO MARK BEST PRACTICES October 13, 2011 AS anyone who’s attended a City awards ceremony will know, it’s often hard to keep the attention of a room full of businessmen and women who are used to being online 24/7. But ITN news anchor Mary Nightingale had no such trouble on Wednesday night when she hosted the 9th annual PwC Building Public Trust [...]
PWC HOSTS AWARDS TO MARK BEST PRACTICES October 13, 2011 AS anyone who’s attended a City awards ceremony will know, it’s often hard to keep the attention of a room full of businessmen and women who are used to being online 24/7. But ITN news anchor Mary Nightingale had no such trouble on Wednesday night when she hosted the 9th annual PwC Building Public Trust [...]
WHO’S SWITCHING JOBS April 25, 2012 Drivers Jonas Deloitte The provider of property consultancy services has announced that Jeremy Castle has joined as director in its planning team. Castle most recently spent four years leading planning strategy at Battersea Power Station as planning director of Treasury Holdings. He has also previously worked at Legal & General. In addition, Nigel Hawkey arrives [...]
Tiny number of high earners use tax reliefs April 16, 2012 THE VAST majority of high earners pay the maximum possible amount of tax, with very few benefiting from the legitimate reliefs which the government plans to limit, Treasury figures showed yesterday. The facts became clear as accountants blasted George Osborne’s plans as promoting “uncertainty in the tax system,” hurting businesses and potentially hitting investment. George [...]
Game rescued by OpCapita deal April 1, 2012 CRISIS-HIT retailer Game, which went into administration last week, was yesterday rescued by investment firm OpCapita, in a deal which will safeguard nearly 3,200 jobs. The turnaround specialist, which earlier this year acquired British electrical chain Comet from Kesa, has bought Game’s UK assets including all 333 remaining stores, administrators PwC said in a statement [...]
CITY MOVES WHO’S SWITCHING JOBS April 24, 2012 DC Advisory Partners The corporate finance advisory firm has announced the appointment of Terry Huffine as executive director in its European consumer, leisure and retail team. Huffine joins after eight years with ABN AMRO and, following its acquisition, at the Royal Bank of Scotland, where he was a director on the consumer team. He also [...]
CITY MOVES WHO’S SWITCHING JOBS April 24, 2012 DC Advisory Partners The corporate finance advisory firm has announced the appointment of Terry Huffine as executive director in its European consumer, leisure and retail team. Huffine joins after eight years with ABN AMRO and, following its acquisition, at the Royal Bank of Scotland, where he was a director on the consumer team. He also [...]