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The Latest Breaking News from PwC

‘Big four’ accountancy firms PwC and EY fined over LC&F audit failures

Firms fined millions after London Capital & Finance’s 2019 crash wiped out customers’ savings

The Guardian - UK

‘No dividing line’: consultants advising private water companies also work for their regulator, Ofwat

Campaigners call for the whole regulatory system to be replaced after Observer analysis finds watchdog spent more than £25m with consultancies

The Guardian - UK

In India’s richest state, exam scams kill escape from farm crisis

Ganesh Kale took three dozen exams but was robbed of a fair shot because of corruption. So he tried to take his life.

Al Jazeera

From analysis to the latest developments in health,
read the most diverse news in one place.

Senate committee report accuses PwC of trying to cover up tax leaks scandal

New claim follows earlier report by the committee accusing the firm of a ‘calculated’ breach of trust

The Guardian - AU

China Investigates Pwc In Evergrande Fraud Case

China investigates PwC's role in Evergrande fraud case, raising concerns over financial stability and global market impact.

Top News

Hundreds of jobs axed with PwC to 'simplify' business

Big Four consultant PwC has made hundreds of jobs redundant and accelerated the retirements of more than 30 partners in an effort to streamline its structures.

AAP

Interim PwC boss 'disappointed' to leave mid-crisis

The former acting head of PwC says she'd wanted to lead the company after a tax leak scandal, but wasn't surprised an international recruit was brought in.

AAP

PwC is turning to AI to help its clients do their taxes

Collaboration between OpenAI, Harvey, and PwC has delivered an AI-powered tax assistant for UK tax professionals.

TechRadar

‘Deadly serious’: Australian regulators criticise PwC refusal to hand over report into tax leaks

Consultancy’s global executive says report suggests there’s no evidence confidential information was used for commercial gain

The Guardian - AU

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AAP

PwC executives accused of 'thumbing nose at parliament'

The head of embattled consulting firm PwC has come under fire for not providing details of a key report into the organisation's conduct.

AAP

Godfreys enters administration, with 54 stores to close

Voluntary administrators expect 171 Godfreys staff in Australia will be made redundant as the company's store count is reduced by more than a third.

International Business Times UK

Go In To The Office Or AI Will Replace You, Says PwC's UK Boss

Kevin Ellis said as AI is poised to take on routine tasks traditionally given to younger workers, junior staff should seek promotions by regularly working in the office.

Latin Times

Close to Half of CEOs Fear That Their Firms Won't Survive Without Major Overhauls Within the Next Decade

The fast development of AI and the increasing threat of climate change are the main challenges companies are facing, according to PwC's latest CEOs survey

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The Independent UK

More CEOs fear their companies won't survive 10 years as AI and climate challenges grow, survey says

More executives are feeling better about the global economy

The Guardian - UK

Geopolitical tensions and AI dominate start of World Economic Forum

Ukraine, Middle East and Taiwan overshadow annual meeting at Davos, with artificial intelligence also high on agenda

InsideEVs

We Will Finally See Scout's New EV This Summer

Today on Critical Materials: Scout will debut at least one of its upcoming EVs this summer, Rimac will unveil its robotaxi concept in early 2024, and EVs are causing production delays.

The Guardian - UK

UK dealmaking shrinks in 2023, but economy predicted to ‘turn corner’ in 2024 – as it happened

PwC predicts inflation will fall near ‘normal levels’ in 2024, but corporate insolvencies are forecast to jump

Motor1

More Than Half Of New Vehicle Launches Since 2020 Have Been Delayed

EVs, advanced driver assistance systems, and new software are leading culprits for the setbacks.

The Guardian - UK

Jim Ratcliffe could cut 300 jobs at Manchester United in streamlining

Sir Jim Ratcliffe is expected to ask an external auditor to assess Manchester United’s structure and expenditure with as many as 300 jobs potentially under threat

The National (Scotland)

Experts find Scotland outperforms UK with green job opportunities in financial sector

SCOTLAND has the highest proportion of green financial job openings in the UK, according to a new report.

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