PwC | News

An overview of global PwC news:

United Kingdom

Europe | United Kingdom

PwC to examine fraud risks of UK's Covid-19 loan programme The Government-owned British Business Bank has tapped PwC to examine cases of possible fraud in its business loan programme, which was launched to help companies impacted by the Covid-19 pandemic.
12 January 2021
United Kingdom

Europe | United Kingdom

Paperchase becomes latest victim of Covid-19 recession UK stationary firm Paperchase is reportedly on the brink of administration, after muted Christmas sales thanks to Covid-19 restrictions.
11 January 2021
United Kingdom

Europe | United Kingdom

Law firm blames PwC for West Ham's loss making stadium deal In September 2020, the owners of the loss-making Olympic Park stadium commenced proceedings to sue their former legal advisors, alleging negligence during the deal that saw West Ham take up a highly
08 January 2021
United States

North America | United States

Asset and wealth management industry to grow to $147 trillion by 2025 Global assets under management (AuM) is expected to grow 5.6% per annum from its current level of $110 trillion to $147 trillion in 2025, according to a recent report from PwC.
07 January 2021
United Kingdom

Europe | United Kingdom

Consultants help Unilever sell parts of Italian food brand Bertolli Unilever has sold parts of its Bertolli brand to Enrico-Glasbest, continuing a long process of dismantling and divesting the unit.
06 January 2021
Asia

Asia | Regional

PwC named Asia's top consultancy for risk & compliance services For the second year running, PwC has been named Asia's top consultancy for risk & compliance services in the financial services sector by a leading industry publication.
04 January 2021
Singapore

Asia | Singapore

Digitalisation and cyber take priority for Singapore businesses According to a new survey of executives and C-suite officers, businesses in Singapore are digitalising faster than anywhere in the world in response to Covid-19, although many remain weary of growing
23 December 2020
Canada

North America | Canada

Pandemic causes majority of businesses to shift their cybersecurity strategy An overwhelming majority of Canadian business (97%) say they will shift their cybersecurity strategy as a result of increased digitalization driven by the Covid-19 pandemic, according to a recent sur
21 December 2020
United Arab Emirates

Middle East | United Arab Emirates

PwC opens office at Dubai's Emaar Square, fourth in UAE PwC Middle East?s new office in downtown Dubai is a six-storey, state-of-the-art facility with an open plan and flexible working arrangements, complete with a ?disruptive? digital Experience Centre.
18 December 2020
Australia

Oceania | Australia

Cross-border PwC team helps Italians acquire Zimmermann Australian luxury brand Zimmermann has been acquired by Style Capital, an Italian private equity group. The deal was advised on by consultants from PwC?s M&A arms in Australia and Italy.
15 December 2020
Australia

Oceania | Australia

Mid-tier mining companies leading Australia's economic recovery Mid-tier mining companies have been the backbone of Australia?s economy amid Covid-19, and will be instrumental in the post-pandemic recovery. A new PwC report highlights the segment?s contribution.
13 December 2020
Australia

Oceania | Australia

PwC appointed transaction advisor for Queensland wind farm Stage one of the Clarke Creek Wind Farm project in Queensland is up for sale, and PwC has been named financial advisor for the transaction. Estimates place the asset at a deal value $800 million.
08 December 2020
India

Asia | India

PwC banned from Kerala state government projects for two years PwC has been slapped with a ?breach of contract? charge by the Kerala state government in the Space Park saga, banning it from any involvement with the Electronics and IT Department for the next two
07 December 2020
Europe

Europe | Regional

M&A: Why finance is key for the pre-deal and integration phase According to a study by PwC, the finance function plays a crucial role in the success of mergers & acquisitions.
30 November 2020
Saudi Arabia

Middle East | Saudi Arabia

PwC helps Saudi government with water privatisation initiative PwC has helped the Saudi government create a privatised and digitalised water transmission entity ? WTTCO ? in a move that is aligned with goals in Saudi Arabia?s Vision 2030.
30 November 2020
United Kingdom

Europe | United Kingdom

Executives to invest more in cyber security capabilities in 2021 As the rapid digitalisation of work brought on by Covid-19 opens doors to cyber-criminals across the world, more than half of all companies are planning to increase cyber security spending in 2021.
23 November 2020
United Kingdom

Europe | United Kingdom

PwC spins-off its fintech arm eBAM as LikeZero PwC has sold its in-house data capture software to its management team, as changes to auditor independent rules mean the firm cannot effectively grow the business.
20 November 2020
Australia

Oceania | Australia

PwC's M&A consultants running Natural Pet Food Group sale Spending on pets is booming amid the Covid-19 pandemic and lockdown, and private equity firm Pioneer Capital is on the verge of capitalising on the trend.
19 November 2020
Middle East

Middle East | Regional

Working capital deteriorates as corporates tighten their belts Against a backdrop of uncertainty and economic hardship, the working capital performance of businesses in the Middle East has waned strongly over the past six months.
16 November 2020
United Kingdom

Europe | United Kingdom

Seven professional services firms offering top social mobility in UK A new ranking of UK employers has revealed that some of the professional services sector?s biggest players offer recruits the best opportunities for social mobility in the country.
12 November 2020
United Kingdom

Europe | United Kingdom

Two-thirds of UK banks have no net zero target While a glut of private and public entities have been publicising plans to become carbon neutral before 2050, a new study has revealed that only around one-third of Britain?s largest banks have net z
09 November 2020
Middle East

Middle East | Regional

HR needs to step up its digital transformation efforts As Covid-19 pushes the value-adding potential of human resources (HR) into the spotlight, businesses in the Middle East are scrambling to catch up their digital HR capacity.
09 November 2020
India

Asia | India

India's media & entertainment sector over $55 billion by 2024 Driven by online channels, India?s media & entertainment (M&E) sector is expected to grow at a compound annual growth rate (CAGR) of more than 10% in the lead up to 2024, passing the $55 billion mark
09 November 2020
United Kingdom

Europe | United Kingdom

Cabinet Office regularly hires MBB and Big Four consultancies New analysis has shown that Cabinet Office spent �120 million on consultants over a period of three years.
06 November 2020
United Kingdom

Europe | United Kingdom

27 consulting firms sign Race at Work Charter An array of consulting firms have signed up to the Business in the Community Race at Work Charter, an initiative that aims to improve outcomes for Black, Asian and minority ethnic (BAME) employees in
05 November 2020
Norway

Europe | Norway

PwC Norway partner Ole-Alexander Palm joins Seafood People Ole-Alexander Palm, a partner at Big Four firm PwC in Norway, is joining Seafood People.� Palm has been with the Big Four firm since 2014, and became a partner in the summer of 2019.
02 November 2020
Canada

North America | Canada

Le Ch�teau files for creditor protection, appoints PwC as monitor Le Ch�teau, a Montreal-based fashion retailer, has filed for creditor protection.
28 October 2020
United Kingdom

Europe | United Kingdom

Four UK consultancies among Appian's top partners in EMEA Appian, a provider of a low code automation platform, has unveiled its top consulting partners in the Europe, Middle East and Africa (EMEA) region.
27 October 2020
Europe

Europe | Regional

Sionic, PwC and EY named Europe's top wealth management advisors More than 50 companies have been recognised as top providers to Europe?s wealth management industry, with three leading advisory firms to the sector taking home awards.
26 October 2020
Singapore

Asia | Singapore

Singapore tech startup scene poised for rebound after Covid-19 Funding has dried up for technology startups in Singapore since the start of this year, although PwC expects a resurgence in the near future as new opportunities emerge.
26 October 2020
United Kingdom

Europe | United Kingdom

Blockchain could provide �57 billion boost to UK public sector The UK is one of four nations best positioned to take advantage of new Blockchain technologies, according to a new study.
21 October 2020
India

Asia | India

PwC names company veteran Sanjeev Krishnan as Chairman Sanjeev Krishan ? a three-decade PwC veteran who helped establish and expand the firm?s Transaction Services vertical in India ? will take the helm from incumbent PwC Chairman Shyamal Mukherjee on 1
20 October 2020

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