All the updated news related to pwc

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City

PwC fined nearly £1.8m over BT audit work

PricewaterhouseCoopers (PwC) has been fined £1.75 million by the accounting watchdog over its audit work for BT carried out in the wake of fraud in the telecoms giant’s Italian operations in 2016. The accountancy watchdog said it also fined audit ...

08 Aug 2022 at 10:58

City

PwC fined over Kier Group and Galliford Try audits

Audit giant PwC and one of its employees have been fined a combined £3.1 million for mistakes that forced construction giant Galliford Try to restate its finances by tens of millions of pounds. The two were also fined another £2.1 million for ...

07 Jun 2022 at 09:25

Former energy minister leaves board of Russian metals giant as exodus continues

Former energy minister Greg Barker will step down as chairman of a Russian aluminium giant and auditors PwC and KPMG are cutting ties with the country as businesses react to sanctions against Moscow. Lord Barker, who served in David ...

07 Mar 2022 at 11:55

City

Almost one fifth of workers set to leave their jobs in next 12 months

Almost a fifth of UK workers have said they expect to leave their current job for a new employer in the next 12 months as the seek better pay and job satisfaction, according to new research. A survey by accounting giant PwC has ...

24 May 2022 at 12:13

City

Financial services optimism wanes as cost-of-living crisis hits

Sentiment among financial services firms fell at its quickest pace since September 2019 as businesses worry about the impact of the cost-of-living crisis, according to a new survey. Firms reported declining optimism, with ...

13 Apr 2022 at 01:25

City

Tesco profits set to soar to £2.7bn but faces cost-of-living questions

The City will be keen to hear from Tesco how bosses at the supermarket intend to support shoppers during the cost-of-living crisis as the company unveils its full-year results. Analysts expect the grocery giant to ...

08 Apr 2022 at 14:55

City

Ministers to rip up transparency rules for small firms to encourage job creation

The Government has launched a review which could lead to it ripping up transparency rules on what information some of the UK’s small companies must publish. Ministers have also revealed the creation of a new ...

31 May 2022 at 01:01

UK households ‘face record £900 income hit this year’

UK households are set to be £900 worse off this year in a “historic fall” in living standards but the lowest earners face a £1,300 blow to finances and the hit could be higher if the Ukraine crisis ...

07 Apr 2022 at 11:55

Scotland

Labour: We want answers on consultancy fees paid for national care service work

Scottish Labour has called for answers after it emerged that more than £700,000 has been paid to outsource parts of the development of the national care service. The flagship policy would bring ...

23 Jan 2022 at 01:25

Scotland

Rate of store closures in Scotland at lowest in three years – report

The rate stores are closing in Scotland is at its lowest since 2019, a report has shown. During the first half of this year, 536 businesses north of the border closed their doors, while 356 ...

31 Aug 2022 at 18:58

City

PwC to shut majority of offices over Christmas to save energy

Accountancy giant PwC is shutting most of its offices over Christmas and New Year for the first time to save energy as UK power supplies come under mounting pressure this winter. The group ...

05 Dec 2022 at 14:42

City

Watchdog extends investigation into PwC’s audits of defence firm Babcock

The UK accounting regulator has extended its investigations into PwC’s audits of defence giant Babcock. The Financial Reporting Council (FRC) had already started a probe into audits which ...

17 Jan 2022 at 12:55

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bt
frc
italian fraud
pwc
richard hughes

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