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PwC Scotland press releases

The press releases listed below have been issued by PwC in Scotland. For UK press releases, please visit the PwC UK media centre.

Pre-Budget Report 2008: Small businesses in the region get a much needed boost

Businesses in theScottishregion have been offered much needed cuts and initiatives including access to £7bn in funding by Chancellor Alistair Darling in today’s Pre Budget Report.
[ 24/11/2008 ]

PricewaterhouseCoopers LLP reports turnover of £2.24 billion with Scotland demonstrating revenue growth of 11%

As PricewaterhouseCoopers LLP announces the FY08 annual results, Scotland is revealed as one of the top performing UK regions with net revenue growth of 11%, taking the overall revenue to in excess of £100m.
[ 10/09/2008 ]

A fairer local tax for Scotland – PwC response

PricewaterhouseCoopers LLP has added its views to others responding to the Scottish Government’s consultation document on the introduction of a local income tax in Scotland.
[ 25/07/2008 ]

New partners and promotions in Scotland

The Scottish practice is pleased to announce the appointment of two new partners, Catrin Thomas and Jason Morris.
[ 15/07/2008 ]

Stagecoach is Scotland’s PLC of the year

Stagecoach Group has been named Scottish PLC of the Year at the 10th annual Scottish Business Insider and PricewaterhouseCoopers Scotland PLC Awards.
[ 30/04/2008 ]

PricewaterhouseCoopers LLP responds to increase in economic crime with appointment of new director to Forensics practice

PricewaterhouseCoopers LLP continues to strengthen its forensic services team with the appointment of a new director, Richard Neave to its Edinburgh office.
[ 11/04/2008 ]

Right decision on interest rates says PricewaterhouseCoopers, but more cuts will be needed later this year

Frank Blin, head of UK regions for PricewaterhouseCoopers welcomes cut in interest rates.
[ 10/04/2008 ]

Financial services deals lead European M&A

Financial services accounted for almost a fifth of the European M&A market in 2007, and appetite for more deals at all levels across the financial services sector remains strong, according to a new report from PricewaterhouseCoopers LLP.
[ 17/03/2008 ]

Budget 2008: A quiet budget for Scotland is welcome

The current Chancellor’s first full Budget Report contained no revolutionary changes to the tax system, no big ideas and more importantly, no rabbits out of the hat. However, there are a significant number of preannounced changes which taxpayers in Scotland will have to deal with.
[ 14/03/2008 ]

Edinburgh hotels buffered against financial services downturn

UK hotels are unlikely to experience a meltdown in 2008 or 2009 according to PricewaterhouseCoopers LLP whilst Edinburgh hotels are likely to see the strongest growth outside London.
[ 11/03/2008 ]

Consider the economic impact of new residence and domicile tax rules

Proposed legislation on rules for the taxation of non-domiciled individuals, intended to apply from April 2008, could have a detrimental impact on the UK economy, warns PricewaterhouseCoopers LLP.
[ 14/02/2008 ]

Time is running out to claim R&D tax relief

With the 31 March 2008 deadline fast approaching, time is running out for the hundreds of companies that have still not claimed tax relief on the research and development (R&D) work they have carried out.
[ 14/02/2008 ]

Oil and gas M&A undeterred by the credit crunch

M&A levels in the oil and gas industry held up throughout 2007 despite the impact of the credit crunch.  The latest edition of annual analysis of M&A activity in the sector by PricewaterhouseCoopers, ‘O&G Deals’, shows deal totals edging up slightly, from US$291.1bn to US$292.2bn year on year.
[ 14/02/2008 ]

CEOs cautious about growth prospects for UK business

UK CEOs are cautiously optimistic about their business growth prospects; with a 7% drop in short term confidence from 50% last year.
[ 05/02/2008 ]

Reaction to capital gains tax announcement

In response to today’s announcement by the Chancellor of the Exchequer detailing proposals to soften the impact of the capital gains tax (CGT).
[ 23/01/2008 ]

European IPO markets prove resilient but the prospects for 2008 are increasingly uncertain

The Initial Public Offerings (IPO) markets remained strong in 2007, despite market volatility in the fourth quarter of 2007 which saw a 21% fall in activity compared to the same period of 2006, according to PricewaterhouseCoopers LLP.
[ 08/01/2008 ]

All terrain clothing limited – in administration

Bruce Cartwright and Graham Frost of PricewaterhouseCoopers LLP were appointed joint administrators to All Terrain Clothing limited on 19 September 2007.  All Terrain Clothing limited is an independent retailer of high quality outdoor clothing and accessories, based at Lomond Shores.
[ 05/11/2007 ]

Scots buy luxury goods to keep up with friends

Scottish consumers are far more likely to buy luxury goods to keep up with their friends than their counterparts south of the border according to new research by PwC.
[ 05/11/2007 ]

PwC administrators appointed for vehicle builder Boalloy Group

Garth Calow, Russell Cash and Matthew Hammond from the Business Recovery Services team of PricewaterhouseCoopers LLP, were appointed Joint Administrators of the Boalloy group of companies, on 15 October 2007.
[ 15/10/2007 ]

Scottish SMEs urged to crunch-proof their businesses

With the Federation of Small Businesses warning that more business failures are likely as banks struggle to borrow cheaper money due to poor liquidity in the markets, PwC business recovery experts have identified a series of measures that businesses can put into place to protect themselves.
[ 03/10/2007 ]

PricewaterhouseCoopers LLP announces UK turnover of £2.1billion, with underlying profit growth of 11%

PricewaterhouseCoopers LLP today announced 6% growth in turnover for FY07 to £2.1 billion. Underlying net revenue grew 9% and underlying profit grew 11% to £631 million.  Average profit per partner rose 6% to £757,000, with partner numbers up to 822 (39 partners in Scotland).
[ 11/09/2007 ]

Scottish premier league finances on the up

Six of the twelve Scottish Premier League (SPL) clubs reported a profit in the 2005/06 season, according to the 18th Annual Review of Scottish Football Finance by PricewaterhouseCoopers LLP.
[ 15/08/2007 ]

Scottish liquidations show sharp increase on 2006

There has been a notable increase in corporate liquidations in the first half of 2007 compared to the same period last year.
[ 05/08/2007 ]

Buying a home abroad – fools rush in

With the holiday season upon us, many people will be returning from their time abroad with dreams of owning a place in the sun. But planning before a foreign property purchase is essential.
[ 01/08/2007 ]

Wintun limited – in administration

Graham Martin and Laurie Manson of PricewaterhouseCoopers LLP were appointed joint administrators to Wintun Limited today.  The Paisley-based company employs 18 people and has manufactured draught-proofing products from its Millerston site for many years.  Turnover for the year ending 31 October 2006 was just under £2 million.
[ 06/07/2007 ]

Business wants a clear and meaningful policy framework for environmental taxes and regulation, says PricewaterhouseCoopers LLP

UK business clearly recognises its role and responsibility in tackling climate change yet many companies do not feel motivated by the current environmental tax and regulatory framework to make fundamental changes to their corporate behaviour, according to findings from new independent research published today by PricewaterhouseCoopers LLP.
[ 05/07/2007 ]

Four new partners and six new directors at PricewaterhouseCoopers

PricewaterhouseCoopers (PwC) LLP Scotland today celebrated four new partners joining the Scottish practice, the promotion of six new directors and 28 new senior managers. The promotions reflect major investment in key growth areas for the Scottish firm.
[ 02/07/2007 ]

PricewaterhouseCoopers LLP launch non-executive director briefing series

PricewaterhouseCoopers LLP today launched a new programme of non-executive director (NED) briefings in Scotland to keep directors at the forefront of corporate trends and up to date with shifting regulatory challenges.
[ 18/06/2007 ]

Power utility companies press the clean fuel and efficiency accelerator

A huge shift in thinking and action around energy efficiency and cleaner fuels is taking place in the power utilities sector, according to the ninth annual PricewaterhouseCoopers report ‘Energy and Efficiency: Utilities Global Survey 2007’.
[ 14/06/2007 ]

Changes to income tax mean Edinburgh marathon runners will need to run further from next year

As well as the finishing line in Holyrood Park, runners in this year’s Edinburgh Marathon on 27 May should also focus on ensuring their supporters use Gift Aid for their donations so that their money goes further.
[ 16/05/2007 ]

Scottish insolvencies show sharp rise in first quarter of 2007

There has been a noteable increase in corporate liquidations in the first part of 2007 compared to the first quarter of 2006. According to statistics released by the DTI today and analysed by PricewaterhouseCoopers LLP, corporate liquidations have jumped 30% on this time last year and 25% on last quarter.
[ 04/05/2007 ]

PricewaterhouseCoopers first commercial organisation to win cycle friendly employer award

PricewaterhouseCoopers LLP in Edinburgh has become the first commercial organisation in Scotland to be awarded the Cycle Friendly Employer Award by Cycling Scotland.
[ 21/02/2007 ]

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