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.
PwC underperforms Big Four in revenue growth October 24, 2023 PwC's revenue growth is down from 13.4 per cent in the previous year, falling short of its Big Four rivals.
PwC Australia: ‘Rainmakers’ given a free pass by bosses September 27, 2023 "The rules did not apply" to star performers at PwC's Australian arm, according to a damning report into the culture at the scandal hit business.
Wilko: B&M snaps up 51 stores of beleaguered retailer for £13m September 5, 2023 B&M has confirmed that it will buy 51 Wilko stores for £13m following the highstreet stores collapse. The rival discount chain, which has over 700 sites across the UK, did not mention how many job roles would be saved in the process. On the sale, its share price was down more than three per cent [...]
Wilko ‘not out of the woods’ yet as redundancies suspended while PwC mulls bids August 29, 2023 Wilko has suspended all redundancies while its administrators PwC consider further bids, GMB Union has said. The union met administrators of PwC this morning to discuss multiple bids which have been made for the discount retailer. “Whilst this is a positive development, Wilko is not out of the woods by any means and this is [...]
Wilko job cuts ‘likely’ – but 11th hour talks with Poundland owner continue August 23, 2023 Administrators for Wilko today warned that job losses were “likely” as potential buyers were no longer interested in acquiring the whole group. Wilko first called in the administrators three weeks ago after several months looking for investment failed to bring forth any fruit. Sky News reported today that Poundland owner Pepco Group is in advanced [...]
PwC fires eight Aussie partners including former CEO over tax leaking scandal July 3, 2023 PwC Australia has fired eight partners including its former chief executive as it scrambles to draw a line under a government leaking scandal that has engulfed the firm down under.
KPMG and PwC slapped with fines of almost £3m for botched Eddie Stobart audits June 29, 2023 Big four accountancy firms PwC and KPMG have been fined a total of nearly £3m over botched audits of logistics giant Eddie Stobart in 2017 and 2018. The Financial Reporting Council (FRC) said this morning it would fine PwC £1.99m and partner Philip Storer £51,000, with both receiving a “severe reprimand.” KPMG received a fine [...]
PwC set to hand 25,000 junior staff a real-terms pay cut – despite FRC plea to give them more June 28, 2023 Big four firm PwC has reportedly told its junior auditors their pay is going to be frozen, amid concerns it will make the industry less attractive. According to reports in the FT, around 25,000 staff members are set to get lower pay rises, with the accountancy giant citing the challenging market conditions and pay rises’ [...]