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CPI inflation data: Mike Jakeman, senior economist at PwC, comments on the latest CPI inflation data:
Around 26% of existing jobs in China could be automated over the next 20 years, but this is projected to be more than offset by job creation of 38%, giving an estimated net gain of 12%. Positive net job impacts in China contrast with broadly neutral estimated impact for the UK.
PwC UK reports growth as it invests in skills and technology for the future
The Swift Group was named Private Business of the Year at last night’s Private Business Awards, sponsored by PwC
AFME and PwC analyse how European investment banks can harness the headwinds created by technological advances such as AI and Blockchain
The Airways Pension Scheme Trustee worked with PwC as lead transaction advisors to identify and secure an attractive buy-in pricing opportunity.
PwC’s nowcasting model, which uses machine learning techniques to produce more timely GDP estimates, suggests that UK growth could pick up to 0.5% in the third quarter of 2018. This would be up from 0.4% in the second quarter, but would imply a slight slowdown on the 0.6% growth rate seen in the three months to July.
John Hawksworth, chief economist at PwC, comments on today's labour market data:
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