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The Latest Breaking News from PwC

More than £1m now spent on Nottingham City Council consultant to deliver financial improvement plan

Nottingham City Council has approved spending more than £600,000 on PricewaterhouseCoopers

Nottingham Post

Treasurer Jim Chalmers furious former PwC partner leaked confidential government briefings

Jim Chalmers says there was a breach of trust when a former partner at consulting firm PricewaterhouseCoopers leaked confidential government briefings to the firm's staff and partners.

ABC News

Jim Chalmers ‘furious’ after former PwC tax adviser found to have shared confidential government briefings with staff

Treasurer vows to ‘throw the book’ at people responsible for breach after unauthorised disclosures of multinational tax consultations

The Guardian - AU

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Lawyer ignored tribunal's robodebt finding

A government lawyer told staff they could keep using an unlawful debt collection method as long as they'd tried other ways first, a royal commission has heard.

AAP

Paperchase future uncertain as brand potentially seeks new buyer

The stationery brand is in trouble less then six months after its last buyout

Nottingham Post

Executives gloomy about global outlook

Chief executives of companies around the world are planning to cut operating costs as nearly three-quarters of them anticipate a decline in global economic growth over the next 12 months, according to a recent survey by PwC.

Bangkok Post

Stationery chain Paperchase said to be on the brink of collapse

It is not known how many jobs are at risk as owners line up administrators just six months after retailer changed hands

Chronicle Live

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Davos CEOs have never had a worse feeling about the global economy

The world's business leaders at Davos think the global economy is in for a rough few years. Do they know something we don't?

Fortune

Paperchase looking for potential buyer after reports it is lining up administrators

Reports earlier today suggested the stationery company could soon bring in an administrator. The company has now confirmed it is looking for a buyer.

Wales Online

The mood from Davos: Not as bleak

Many key indicators have come in better than forecasters anticipate in recent months.

Axios

Paperchase set to appoint administrators as it continues search for new buyer

It is unclear how many stores and jobs might be put at risk with the possible administration process

Daily Mirror

40% of CEOs say their companies won't be viable in 10 years if they stick to the 'current path'

A new survey reveals deep insecurity among many CEOs that the world is changing faster than their companies.

Fortune

Nearly a quarter of UK chief executives admit business models will not be viable in a decade

Global executives offer gloomiest-ever outlook for global economy, PwC finds

The Independent UK

Davos 2023: Recession casts long shadow over opening of WEF summit

The prospect of imminent global recession cast a long shadow over Davos on Monday as participants gathering for the opening of the World Economic Forum's annual meeting counted the likely cost for their economies and businesses.

Reuters

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The Guardian - UK

Almost two in five CEOs ‘fear their global firms will be unviable within 10 years’

Worker shortages and need to adapt to tech changes given as reasons in survey as Davos meeting begins

Birmingham Post

FinTech West appoints senior Natwest and PwC leaders to board

The Bristol-based organisation was founded by firms operating in the city to bring together companies in the South West’s growing financial tech sector

Daily Mirror

Millions of 'financially fragile' Brits mired in debt in cost of living crisis

A study by the accountancy firm PwC lays bare the struggles of households at the turn of the year as inflation rampages, mortgage costs accelerate and real wages are eroded

Wales Online

Eight million adults in UK are 'financially fragile' amid cost of living crisis

Millions of us are seeing signs our finances are teetering on the brink

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Bangkok Post

The embedded finance challenge

'Embedded finance" is disrupting the global banking order as non-finance companies are eating into traditional banks' market share. The threat to the traditional finance sector is significant, according to the international consultancy PwC.

Belfast Live

New football club in Newtownabbey addressing stigma around men's mental health

Borussia Newtownabbey FC was set up in August and already has over 40 members

Daily Record

Scottish green job growth outpaces rest of UK new report finds

Stats from PwC's latest Green Jobs Barometer shows the number of environmentally friendly job opportunities have doubled in a year.

Fortune

Why employers should keep their metaverse workplace expectations low for 2023

PwC finds 82% of executives expect the metaverse to be part of their business activities within the next three years.

The Guardian - UK

Renewable energy jobs growing four times faster than rest of UK market

Data shows 2.2% of all new UK jobs are classified as ‘green’ – but one-third are in London and south-east

Birmingham Post

Wales sees a big rise in green job recruitment shows PwC research

The barometer shows that Wales has seen the largest drop in CO2 emissions per worker in the UK.

Birmingham Post

Green jobs more than double in North East but London dominates sector

PwC’s Green Jobs Barometer shows big growth in employment but warns of a looming North-South gap in the green economy

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