Watchdog to bare teeth with PwC audit of RBS May 17, 2009 THE Financial Services Authority has hired PricewaterhouseCoopers (PwC) to investigate former board members of Royal Bank of Scotland as part of its inquiry into the banking crisis. The FSA has asked PwC to look into whether the bank’s board gave sufficient information to the stock market in and around the period of its £12bn rights [...]
Credit crunch wipes out £600bn August 11, 2008 Around £600bn worth of wealth may have been wiped out in the UK because of the credit crunch, an analysis by PricewaterhouseCoopers has revealed. The study, conducted by PwC economists, focused on the impact of the credit crunch on the British economy over the twelve months to June 2008. The report estimates that the downturn [...]
Smoking ban set to close 6,000 pubs July 1, 2008 More than 6,000 British pubs may be forced to close in the next five years thanks largely to the smoking ban, accountants and business advisers PricewaterhouseCoopers (PwC) warned yesterday. A PwC report published a year after the introduction of the ban on lighting up in a public place reveals the devastating impact it is having [...]
Bank warns of hard times October 26, 2005 Bank of England governor Mervyn King has warned that the British economy is about to embark on a bumpy ride over the coming years after the stability enjoyed in recent times. At a hearing in front of a House of Lords parliamentary committee, King said people should not expect the Bank to “fine tune the [...]