PWC thought about EY-style split – and thought better of it March 17, 2024 Outgoing PWC UK chairman Kevin Ellis said his decision not to split the firm paid off during the pandemic
Covid unicorn Hopin enters liquidation as it moves head office to US February 26, 2024 Tech unicorn Hopin, which was once worth $7.75bn, has entered liquidation less than a year after it sold off its titular events platform.
UK M&A deals sink in 2023 as private equity surges February 7, 2024 UK Mergers and Acquisitions (M&A) fell sharply last year, declining by 17 per cent compared to a global decline of just six per cent. In total, the UK saw 3,628 M&A deals across 2023, compared to 4,362 the previous year, though this was still around pre-pandemic levels, data from PwC has revealed. In the second [...]
UK bosses much more optimistic about 2024 than last year, PwC survey suggests January 15, 2024 PwC's annual global CEO survey showed that 39 per cent of UK bosses expect the economy to improve in 2024, up from just nine per cent last year.
PwC cleared by watchdog after probe into audit of collapsed property firm Intu December 19, 2023 The accounting watchdog has dropped an investigation into PwC’s audit of property group Intu today and cleared the partners in charge after a year long probe into the Big Four firm's work on the firm.
PwC to challenge staff business trips in move to reach net zero target December 9, 2023 PwC has introduced a programme that will challenge the type of travel staff will take for business trips, in a move to reduce its carbon footprint. According to the Financial Times, senior UK staff were informed that only people travelling on long-haul night flights or those flying for business-critical reasons would be allowed to sit [...]
KPMG: Big four firm to freeze pay for 12,000 jobs as services slowdown continues November 24, 2023 Big four firm KPMG has announced it will freeze the pay of 12,000 staff, as the services sector continues to be hit by a major slowdown. The freeze was first reported by the FT, with staff only getting a pay boost if they get a formal promotion, ahead of the Christmas break. Partners at KPMG [...]
Big Four firm refuses to audit Hipgnosis Songs Fund accounts November 23, 2023 In a company update today, Hipgnosis Songs Fund said it is currently undertaking an audit tender process for the 31 March 2024 audit.
PwC joins Big Four rivals in slashing UK jobs November 7, 2023 PwC has joined its Big Four rivals in launching redundancy programme, according to the Financial Times on Tuesday.
Who is PwC’s new global chair Mohamed Kande? October 30, 2023 Kande's appointment marks a break from PwC's pattern of choosing its US head to become global chair.