PwC | Global news | Page 5

An overview of PwC global news:

Germany

PwC acquires specialist operations consultancy Schuh & Company PwC has acquired Schuh & Company, a German company that specialises in the optimisation of product management portfolios in the manufacturing sector.
08 November 2023
United Kingdom

Half of UK public does not trust government with long-term planning The UK's public institutions face a multitude of systemic problems, which they must plan for to deliver a healthy and prosperous future for the country’s residents.
02 November 2023
United Kingdom

PwC UK founds alliance with human capital platform Darwinbox As the firm looks to grow its human capital management offering, PwC has announced a new alliance with Darwinbox.
01 November 2023
United States

PwC names Mohamed Kande as next global chair PwC’s board has selected Mohamed Kande, the US and global head of consulting, as its next global chair.
31 October 2023
United Kingdom

Growth across all regions sees PwC lift global revenue to $53 billion Despite economic headwinds in several major markets, PwC has grown its global revenues by 10% in local currency terms to over $53 billion. All continents contributed to the growth.
27 October 2023
Spain

Big Four firms in hot Spanish water after illegal overtime hours Some employees working for Big Four consultancies in Spain have complained of working extended hours, prompting scrutiny and regulatory action.
27 October 2023
Australia

Big Four firm PwC banks $53 billion in global revenues Big Four professional services firm PwC has banked global revenues of $53 billion for 2023, while continuing to invest in talent and strategic acquisitions.
26 October 2023
United States

PwC reports record revenue of $53.1 billion in FY 2023 PwC reported record revenue of $53.1 billion in the fiscal year ending June 30, 2023. The global network of accounting and consulting firms registered revenue growth of 11.
26 October 2023
United States

PwC US boss Tim Ryan drops out of global leadership race Tim Ryan, CEO of PwC US, has dropped out of the race to become Bob Moritz’s successor as PwC global chair, the Financial Times reported last week.
24 October 2023
United Kingdom

Climate tech investment tumbles 40% over 2023 Climate technology has been one of the major casualties of the last year’s M&A slowdown, with the volume and value of related deals sinking to their lowest rates in over five years.
24 October 2023
Australia

Kristin Stubbins to leave PwC after three decades The Australian wing of professional services firm PwC continues to lose experience, with recently acting CEO Kristin Stubbins the latest senior leader set to depart.
23 October 2023
Australia

Qantas appoints Catherine Walsh as inaugural Chief People Officer As part of an attempt to repair its fractured relations with its employees and the unions, Qantas has recruited PwC leader Catherine Walsh as the airline’s first ever Chief People Officer.
17 October 2023
Australia

Former PwC CEO reveals previous consulting spin-off plans Former PwC chief executive Luke Sayers has made a surprise revelation during his appearance before the Senate, stating that the local firm had proposed spinning off its consulting business back in 20
12 October 2023
Australia

PwC appoints new industry leaders using merit-based approach Professional services firm PwC has appointed six new industry leaders in what the firm says is a demonstration of a merit-based approach to senior promotions rather than the ‘boys club’ one of old.
10 October 2023
Australia

PwC’s investigation reveals further confidentiality breaches The documents released by PwC following internal investigations into its government tax scandal have revealed further confidentiality breaches, potentially hampering the firm’s efforts to move on fro
02 October 2023
Australia

PwC commits to full recommendations list of independent report The Ziggy Switkowski report into culture and governance at PwC has been publicly released, with the firm committing to its full suite of recommendations including the appointment of an independent ch
27 September 2023
United Kingdom

PwC agrees anti-fraud alliance with tech provider Clearspeed Voice analytics technology provider Clearspeed has penned a new partnership with professional services giant PwC.
22 September 2023
Indonesia

Indonesian online travel unicorn Traveloka makes 'significant impact' A study from PwC has highlighted the contributions Jakarta-based travel company Traveloka has made in the tourism sector as well as in other areas such as agriculture and energy.
22 September 2023
United Kingdom

Consulting industry Big Four sees Great Resignation drag to close A slowdown in attrition at the UK’s top consulting firms is leaving fewer opportunities for new talent to advance.
21 September 2023
Australia

Government releases new legislation in response to tax scandal Large global entities caught promoting tax evasion schemes could face penalties of up to $780 million as per new legislation released by the government in response to the PwC tax policy breach.
20 September 2023
United States

PwC US cutting back consulting work in bid to reduce conflict risk PwC US is planning to curtail tens of millions worth of consulting work to reduce the risk of conflict of interest.
12 September 2023
Australia

Scandal-hit PwC posts $3.4 billion in revenues for 2023 The Australian branch of PwC has recorded $3.4 billion in revenues for its 2023 financial year, with $680 million of that sum generated by its soon to be divested government advisory practice.
03 September 2023
United Kingdom

Advanced air mobility could substitute 11 million transport journeys by 2040 From freight to healthcare, advanced air mobility technology could soon be offering exciting new ways to transport materials, goods and even people.
31 August 2023
United Kingdom

PwC partners see payouts fall even as revenue grows The annual payout of PwC is set to decline from 2022’s record haul, as the UK consulting sector encounters headwinds amid the country’s sluggish economic performance.
29 August 2023
India

Indian media & entertainment industry to reach $74 billion by 2027 India's media and entertainment industry is projected to reach a substantial $74 billion by 2027, driven by an annual growth rate of over 9%.
24 August 2023
United Kingdom

Quarter of UK workforce could quit as Great Resignation rolls on While many economists expected the worsening economic picture to bring the Great Resignation to a close, it seems to have actually exacerbated it in the UK.
21 August 2023
United Kingdom

PwC selected for Wilko administration UK high-street stalwart Wilko has fallen into administration, after an extended period of poor trading.
16 August 2023
United Kingdom

PwC UK deals practice admits 13 new partners As PwC looks to reward the hard work of its deals advisory practice, and strengthen the practice’s leadership, it has announced the promotion of 13 new partners.
14 August 2023
Canada

Canadian workers pressured by inflation, high workloads Canadian workers are feeling pressure from persistent inflation and high workloads, according to PwC’s annual Hopes and Fears survey.
09 August 2023
United Kingdom

Daniel Cameron named partner in PwC deals practice As the firm looks to expand its UK deals practice, PwC has appointed Daniel Cameron as a partner. He brings more than 25 years of professional services experience to the role.
31 July 2023
Canada

MNP to acquire PwC's St. John's office MNP, a mid-market accounting and consulting firm, has acquired the St. John’s, Newfoundland practice of PwC Canada, effective August 7, 2023. PwC partner Curtis Gagne and the majority of the PwC St.
27 July 2023
Canada

Mining firms preparing for energy transition – and era of critical minerals The high-demand era of critical minerals is now, according to PwC’s 20th annual Mine report – and companies will have to reinvent themselves to capitalize on the global transition to clean energy.
20 July 2023

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