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The Latest Breaking News from PwC

PwC fined £1.75 million over BT audit work

The Financial Reporting Council also fined audit partner Richard Hughes £42,000 over the work

Insider UK

PwC fined £1.8 million for BT Italy audit failures

Treatment of debt adjustments not treated with ‘necessary professional scepticism’

Evening Standard

PwC fined nearly £1.8m over BT fraud audit failures

Accounting firm failed to act with ‘requisite professional scepticism’, says FRC

The Guardian - UK

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PwC handed £1.8m fine over BT audit work

Audit partner Richard Hughes has also been fined £42,000 by the Financial Reporting Council

Birmingham Post

Exeter marketing agency introduces Friday 3pm summer clock off

The initiative aims to boost staff wellbeing during a traditionally quiet time

Birmingham Post

The new £50m fund to back the expansion and job creation of firms in the Cardiff Capital Region

The fund for the region is being managed by professional advisory firm PwC which is confident of taking the funding to £100m

Wales Online

Market Neutral Was the Favorite Strategy Among Crypto Hedge Funds, but It Did the Worst

Hedge funds and their investors continue to adopt cryptocurrencies for their portfolios. In its annual Global Crypto Hedge Fund Report, PwC, in partnership with Elwood and the Alternative Investment Management Association (AIMA), reports that last year brought growing assets under management at crypto hedge funds and acceptance of digital assets…

Benzinga

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The new £50m equity fund for the Cardiff Capital Region

The fund will be launched in October and managed by PwC who are confident of securing co-investment to take it to £100m.

Birmingham Post

PwC appoints new partners across Midlands teams

Three offices have welcomed eight new staff to its partnership along with directors and a host of other promotions

Birmingham Post

Australian households spend $4,500 a year on entertainment, with streaming and gaming taking biggest slice, report says

PwC expects more than 80% of households will be paying for streaming services by end 2022

The Guardian - AU

Streaming services expand into gaming as popularity grows

Australians spent more than $4 billion on streaming services last year as greater consumer choice encouraged more users to sign up during COVID lockdowns.

The New Daily

People on the move: Key North East appointments and promotions of the week

Companies announcing new appointments this week include Deloitte, Everflow and Knight Frank

Birmingham Post

PwC partners to earn £1m each as firm sets new pay records

Earnings milestone for 950 executives comes despite repeated censure of big four auditors over standards

The Guardian - UK

Beyond data: ‘We use technology to invoke positive change’

From cloud transformation and deep data expertise in Belfast to the ethical hacking team in Cardiff, PwC’s regional teams are specialising in crucial areas of technology to drive the digital revolution onward

The Guardian - UK

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Daily Record

Ayrshire woman set for 'really exciting' opportunity to run with Commonwealth baton

Kilmarnock Rugby Club committee member Sarah King bagged one of 10 spots from her employers, PwC UK, who are a sponsor of the games.

Insider UK

PwC appoints new partners in Scotland amid 240 new promotions

Firm says appointments reflect significant investment in its work

The Guardian - UK

Digital transformation: how modern technology can accelerate the next generation of tech leaders

Reverse mentoring and the Digital Accelerator programme are driving change and developing PwC’s future leaders

The Guardian - UK

How an online hub upskills job seekers: ‘It shows you how you can prepare yourself’

Career matching, digital learning and video interview tools can all be found on PwC’s Employability Hub, an online resource to help demystify the changing world of recruitment

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The Guardian - UK

‘The work is complex, varied and exciting’: why my career in auditing has been anything but predictable

Auditing is about so much more than the numbers. In a rapidly evolving field, professionals are now looking beyond the accounts to assess the impact of the climate crisis on businesses

The Guardian - UK

‘Leadership is taken, not given’: what five female consultants would tell their younger selves

Flexible working and gender diversity initiatives have created more opportunities for women to climb the career ladder. Here, five consultants give the next generation the benefit of their experience

Liverpool Echo

PwC offering hundreds of jobs with inflation-beating pay rise

The news comes amid the growing pressure on employers to increase their employees’ pay

Wales Online

PricewaterhouseCoopers jobs you can apply for in Cardiff

The professional services giant is currently recruiting for positions in the Welsh capital

Manchester Evening News

How to get a job at PricewaterHouseCoopers in Manchester as staff get 9% payrise

The company recently announced it would be giving all its workers a 9% pay rise to address the cost-of-living crisis

Chronicle Live

PwC staff in North East in line for a 9% pay rise

The company said half of its 20,000+ UK employees would get an increase of at least 9%, while 70% would get a rise of 7% or more

The Independent UK

Thousands of PwC staff to get 9% pay rise to help with cost of living

Inflation in Britain hit 9.1% in May, the highest level for 40 years

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