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PwC

  • Meet the Luton-raised Italian running fan taking the top job at PwC in the UK

    April 25, 2024

    Company veteran Marco Amitrano has been elected to succeed Kevin Ellis as head of PwC's operations in the UK.

  • PwC Hong Kong denies claims about China Evergrande audits in anonymous letter

    April 16, 2024

    PwC Hong Kong has denied claims set out in an anonymous letter circulating on Chinese social media about its audit work for property developer China Evergrande Group. 

  • 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.

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