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On 20 October, Garth Calow and Rob Birchall from the Business Recovery
Services team of PricewaterhouseCoopers LLP (PwC) were appointed as joint
Administrators to construction and property developer, Taggart Holdings Limited
and to related companies within the Taggart organisation.
County Antrim-based food wholesaler Henderson Group is the biggest
mid-market private company in Northern Ireland and is ranked No 29 in Britain,
according to the latest Sunday TimesHSBC Top Track 250league table.
Over 8,000 Northern Ireland construction jobs have already been lost or are
under immediate threat, according to a major industry survey carried out by PwC
for the Northern Ireland Construction Employers’ Federation (CEF).
A PwC call, just 24 hours before, for an immediate cut in interest rates of
at least 0.5 per cent was more than delivered when the Bank of England Monetary
Policy Committee (MPC) slashed base rates by 1.5 per cent.
Transforming school leadership: The case for collaborative leadership
in Northern Ireland schools
With the economic forecast looking bleak, political leadership is vital to
secure a sound economic future.
PricewaterhouseCoopers has landed the number one spot in the Times
Top 100 Graduate Employers for the fifth consecutive year.
Employers want to escape from the costly pension schemes that employees and
potential employees look for in their ideal job. But reconciling the two may
prove impossible according to the third PricewaterhouseCoopers LLP Pensions
Survey.
Tony Lomas, Steven Pearson, Dan Schwarzmann and Mike Jervis, partners at
PricewaterhouseCoopers LLP, were appointed joint administrators to Lehman
Brothers International Europe (‘Lehman Brothers’) on 15 September 2008.
This month’s Business Eye magazine devotes four pages to a PwC
seminar on the North’s public sector.
The traditional drivers of economic growth in Northern Ireland –
construction, retail/hospitality and public spending – are all slowing rapidly,
the 2008 Northern Ireland Economic Conference, was told.
When an ailing business falls into the hands of an insolvency
practitioner (IP) and seemingly overnight is transformed into a new company
with no liabilities, it can raise eyebrows.
Over half of Northern Ireland businesses invest in innovation and R&D,
but many are still not aware that they are missing out on the full potential
rewards.
The 2008 Information Security Breaches Survey undertaken by
PricewaterhouseCoopers for BERR, says that 67 per cent of UK companies have no
measures whatever to prevent data being copied onto and/or leaving their
premises on memory sticks, while a staggering 78 per cent of UK companies
reporting stolen computers also admitted that the hard disks weren’t
encrypted.
Thanks to the current wave of downbeat economic news, even the smallest
firms are realising that better tax management can deliver real cash flow
benefits.
A year in the grip of the global credit crunch has cost the UK economy £600
billion, according to research from PricewaterhouseCoopers LLP.
PricewaterhouseCoopers in Northern Ireland is the top performing PwC region
in the UK, according to a nationwide survey of the firm’s clients.
An Employment Appeals Tribunal (EAT) ruling that restaurants can’t rely on
distributing tips to staff as contributing to the national minimum wage may
impact on pub and restaurant profits, says PricewaterhouseCoopers LLP.
After seventeen years of steady economic growth, Northern Ireland faces an
economic downturn and a savage slowdown in consumer discretionary spending,
according to business advisors, PricewaterhouseCoopers LLP.
PricewaterhouseCoopers LLP has announced a province-wide programme to help
Northern Ireland’s family-owned and owner-managed businesses face the
challenges of the current business climate.
PricewaterhouseCoopers LLP announced the appointment of two new partners in
the Northern Ireland regional practice, from 1 July 2008
PricewaterhouseCoopers LLP was one of only 21 UK-based businesses to receive
the new CommunityMark award at a ceremony at 10 Downing Street.
Consumer spending will slow rapidly next year, with Northern Ireland's
economic growth falling to around 1.25%, according to
PricewaterhouseCoopers.
Changes to the Capital Gains Tax regime, which were recently announced in
the Chancellor’s pre-Budget report, are expected to generate a surge in M&A
activity prior to the end of the tax year on April 5, 2008.
Information is one of the most valuable assets an organisation possesses.
The way companies safeguard their information is coming under increased
scrutiny. Technology has tended to focus on functionality rather than security
and many systems are therefore insecure.
The so-called 'credit crunch' has been a source of much debate but just how
serious are the current financial conditions and what are the implications for
the average small business in the region?
A fall in public expenditure is set to make historical levels of economic
growth more challenging and strategies to regenerate, enlarge and create an
outward focus are essential for Northern Ireland’s private sector
organisations.
All parties involved in the corporate reporting debate agree that numbers
aren't enough when communicating company performance. But the debate continues
over how best to inform the market as businesses search for a reporting model
appropriate for the 21st century.
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