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The Latest Breaking News from PwC

Thailand's banks and financial sector must act urgently to improve climate risk management in their operations as regulators start to conduct climate risk stress tests across the region, according to PwC.

Bangkok Post

Scotland ranks high amongst UK nations and regions for productivity

Scotland came in behind London and southeast England in terms of productivity, a new report found

The National (Scotland)

'Harsh winter ahead' could stifle Scottish economic growth

Scotland’s productivity is the third highest off all UK regions and nations, yet still remains below the UK average

Insider UK

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Limerick pair Diarmaid Byrnes and Barry Nash vie for top gong along with Kilkenny's TJ Reid

Should either of the Limerick pair win the award, it would be the first time for a defender to claim the most prestigious individual prize in the game since Kilkenny’s Tommy Walsh was honoured back in 2009

Irish Mirror

PwC makes 80 student recruits across Scottish offices

Most will join the Edinburgh office and 80% are taking up roles in the audit practice

Insider UK

Thirteen Ulster men make All Stars nomination list as Kerry lead way once again

Derry have seven nominees after a first Ulster title victory since 1998 with some 11 counties had players up for the coveted awards

Belfast Live

Funding agreed for 715 flats at former Brains brewery site in central Cardiff

The £200m waterfront apartment Central Quay project will also include a major office building

Wales Online

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Legal & General investing £200m to build 700-plus waterfront apartments in the centre of Cardiff

It has acquired land for the scheme at the Central Quay scheme covering the former Brains brewery site

Birmingham Post

Scottish store closures slow to almost pre-pandemic levels

However, the rate of decline remains above the UK average

Insider UK

‘It kickstarts conversations’: the VR tool that makes diversity and inclusion training a ‘lived experience’

PwC’s In My Shoes is an immersive, first-hand experience that raises awareness of workplace discrimination

The Guardian - UK

After PWC exit, broadcast industry calls ICC media rights tender a 'joke', insists on e-auction

MUMBAI: Hours after PriceWaterHouseCoopers (PWC) stepped down as auditors for the ongoing media rights sale of the International Cricket Council (ICC), prospective bidders wrote to the game's governing body, asking the latter to explain the accounting firm's exit, and have also pressed for the rights to now be sold by…

The Times of India

ICC media rights: Audit firm PWC opts out of bid process; Cricket body says they were on board for 'due diligence'

MUMBAI: Global accounting and auditing firm PriceWaterHouseCoopers UK (PWC), advising the International Cricket Council (ICC) on the sale of media rights for the next cycle beginning with the India market, are learnt to have quit the process.

The Times of India

PwC sued by employee who lost half his skull after ‘pub golf’ outing

Auditing firm worker says he faced ‘heavy pressure’ to attend after-work drinking event in 2019

The Guardian - UK

PwC faces lawsuit over ‘pub golf’ drinking game injury

Auditing firm said it was committed to ‘providing a safe, healthy and inclusive culture’

Evening Standard

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The Guardian - UK

‘I used crisis as a catalyst for growth’: why resilience matters in an unpredictable world

After being carjacked as a teenager, Claudia van den Heuvel developed a fascination with people’s behaviour. Now a crisis management specialist at PwC, she draws on her personal experiences to advise clients on how to learn from adversity

Evening Standard

Pay for PwC partners passes £1 million

Group profits grew 24% to £1.4 billion in the year to end June

The Guardian - UK

PwC raises UK partners’ pay to more than £1m for first time

Increase in average payouts for accounting firm’s 995 top employees linked to consulting services boom

Birmingham Post

Foot Anstey reports record turnover and appoints PwC finance director

Ali Allan will join Foot Anstey - which has offices across the South West - from PwC Australia later this year

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Insider UK

Edinburgh's Westside Plaza comes under new ownership

Irish property group buys portfolio of shopping centres from Dutch pension fund

The Guardian - UK

PwC says graduates no longer need at least 2:1 degree to work at firm

Accountancy company says move is about trying to attract job starters from broader range of backgrounds

The Guardian - UK

‘Do people actually work in offices like this?’: the social mobility scheme showing young people the opportunities open to them

A PwC initiative to broaden the career horizons of young people is alerting them to what they might achieve – and equipping them with the skills to be successful in their career choice

Insider UK

PwC fined £1.75 million over BT audit work

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

Evening Standard

PwC fined £1.8 million for BT Italy audit failures

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

The Guardian - UK

PwC fined nearly £1.8m over BT fraud audit failures

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

Birmingham Post

PwC handed £1.8m fine over BT audit work

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

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