Close Brothers: How the motor finance scandal reshaped one of ‘Europe’s least cost-efficient lenders’
Quarter of young workers considering quitting the workforce Business A quarter of British 18-24 year olds have considered leaving the workforce in the last year in a sign of the increasing impact of economic inactivity spreading across the UK. Among all UK workers, 10 per cent are currently actively considering leaving work for an extended period, with a further 20 per cent having considered [...]
UK ranked second-best investment target by global CEOs Investing The UK has been ranked as the second most attractive country to invest in by global CEOs, behind only the US, as British CEOs feel confident about growth in the country’s economy. This is the first time that the UK has been ranked second in the 28-year history of PwC’s CEO Survey. “Our CEO survey [...]
Spike in PwC partners taking early retirement amid Big Four slowdown Big Four A larger-than-usual number of partners at PwC are choosing to step down at the end of this year, as the Big Four accountant looks to boost its performance amid slowing growth. The financial services giant’s 1,030 partners learned earlier this week that several dozen of their colleagues would be taking early retirement, after new UK [...]
PwC UK profit falls as partner pay drops to £862,000 against backdrop of AI push September 25, 2024 PwC UK has reported single-digit growth in revenue but on the backdrop of the groups profits and partner pay dropping, again