PwC | Global news | Economy

An overview of PwC global news:

United Kingdom

Spring statement does little to excite UK consultants What is expected to be the last budget before the 2024 general election has been dominated by discussions around the impact of tax cuts on small businesses and individuals.
12 March 2024
Middle East

CEOs in the Middle East most positive in the world CEOs in the Middle East have a generally positive outlook on the economy, which is reflected in confidence for regional growth and aspirations in the company’s own path.
01 February 2024
United Kingdom

Value of the 100 biggest unicorns falls by $10 billion A new study from PwC suggest that the 100 most prominent unicorns in global business attracted $10 billion less from investors in 2023 than the last year.
22 December 2023
Saudi Arabia

Substantial progress booked at half-way mark of Vision 2030 In PwC’s latest report on Saudi Arabia’s progress towards Vision 2030, researchers look at where the Kingdom stands on key economic and non-economic objectives, as the country hits the half-way mark
02 December 2023
United Kingdom

Consultancies warn autumn budget shortchanges SMEs While some leading consulting firms issued statements praising the implementation of new tax incentives for the mid-market, many more warned the measures did not go far enough.
28 November 2023
Saudi Arabia

Halfway Vision 2030, Saudi Arabia seems on track to hit key goals With Saudi Arabia half way to the end date of its ambitious Saudi Vision 2030 goals, the country now appears to be on track to meet the targets, which include economic, social, and cultural diversifi
03 November 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
Cyprus

CEOs in Cyprus share bleak outlook on economy and risks landscape In sharp contrast to twelve months ago, CEOs in Cyprus are – in similar fashion to their global counterparts – relatively pessimistic about global economic growth and their company prospects over the
13 March 2023
India

India’s CEOs more bullish on economy than global counterparts Indian CEOs are more optimistic about their country's prospects than their global counterparts, with 57% expressing positivity compared to 29% worldwide.
05 March 2023
United Kingdom

Consulting firms maintain 'cautious optimism' on 2023 M&A market Following a record year, the 12 months of 2022 saw a fall in the volume and value of M&A activity.
21 February 2023
Middle East

GCC countries will buck the global recession, say PwC economists With public finances enjoying a healthy surplus on the back of booming oil-based revenues, and consumer optimism despite economic headwinds, the GCC is expected to buck the global recession.
19 January 2023
United Kingdom

BBC investment boosts creative industry across the UK A new report has shown how the BBC boosts the growth of creative industries across the UK.
29 November 2022
Middle East

Regional economies can bloom with more women in the workforce Stimulating more women to (re)enter the workforce could provide a major economic impetus to the Middle East, up to as much as $2 trillion, according to a new study by PwC.
09 June 2022
United Kingdom

Research: Government overestimates the cost of bank holidays Businesses across England and Wales are calling for the bank holiday celebrating the Queen’s platinum jubilee to be made permanent.
04 May 2022
United Kingdom

British inflation hits new three-decade high The UK’s cost-of-living crisis further deepened in February, according to official figures.
25 March 2022
Singapore

Singapore CEOs confident about growth in business and economy CEOs in Singapore join their global counterparts to look at the near future with optimism – confident in their own business and in wider economic prospects, according to PwC’s latest CEO Survey.
13 July 2021
United Kingdom

Tempest programme will stimulate economic and digital growth A new study produced by PwC and Strategy& estimates that the economic impact of the Tempest programme will be felt in every region of the UK.
01 June 2021
Europe

Europe’s best government digital currencies: Ukraine and Sweden Ukraine and Sweden are the most mature European markets for central bank-backed digital currencies and coins – the more credible alternative to cryptocurrencies as Bitcoin, Ethereum, and more.
19 May 2021
United Kingdom

More than half of family businesses expect growth in 2021 The majority of family businesses in the UK expect to grow revenues in the coming two years, with more than eight-in-ten saying they expect to expand in 2022.
22 April 2021
Australia

Circular economy worth $2 trillion to Australian economy Establishing a circular economy in Australia presents a massive $2 trillion opportunityaccording to accounting and consulting firm PwC, with significant environmental benefits to boot.
28 March 2021
Middle East

PwC CEO survey: Middle East has most positive post-pandemic outlook Professional services firm PwC’s latest global CEO survey has found that Middle East leaders are particularly optimistic for medium-term growth, with substantial investments in digital transformation
24 March 2021
United States

Three quarters of CEOs expect growth in 2021, finds PwC survey Three quarters (76%) of global CEOs expect a return to global economic growth in 2021, according to PwC’s 24th Annual Global CEO Survey.
17 March 2021
Netherlands

10 charts on the outlook and plans of Dutch CEOs PwC has released the 2021 edition of its CEO Survey, an annual study into the top trends and priorities of chief executive officers worldwide. An outlook of the Dutch results.
16 March 2021
Australia

Mid-tier mining companies leading Australia's economic recovery Mid-tier mining companies have been the backbone of Australia’s economy amid Covid-19, and will be instrumental in the post-pandemic recovery. A new PwC report highlights the segment’s contribution.
13 December 2020
India

How India can become a $10 trillion economy by 2034 A new PwC report suggests that now is the time for India to comprehensively reinvent its economy in line with long-term needs and ambitions. All that’s required is a “full-potential mindset.
08 October 2020
United States

Consumers are spending less, going mobile and embracing wellbeing PwC reports that lower spending is a product of the current economic uncertainty, while other trends in consumer behaviour – such as a transition to online – might be here to stay for the long term.
16 July 2020
Middle East

Middle East CFO sentiment continues its slide as Covid-19 bites The sentiment of Chief Financial Officers (CFOs) in the Middle East continue to slide, according to PwC’s latest CFO Pulse Survey, which sheds light on how financial leaders in the region are absorbi
17 June 2020
India

Seven consultancies to help develop India's economic recovery plan Invest India – a public-private partnership aimed at promoting investments across the Indian economy – has roped in a set of major consulting firms to devise a recovery strategy for after the Covid-1
08 May 2020
South Africa

PwC recommends a significant cut in interest rates for SA PwC expects the South African Reserve Bank’s (SARB) Monetary Policy Committee (MPC) to cut interest rates in the country in light of the potential Coronavirus-induced recession.
25 March 2020
Africa

Capital markets in Africa experienced a slow year due to uncertainty Elections in two of Africa’s biggest economies combined with trends across the globe have resulted in a slow year for the equity markets on the continent, according to new analysis put together by Pw
12 March 2020
South Africa

The economic impact of the Coronavirus on South Africa Trade and tourism disruptions resulting from the COVID-19 (Coronavirus) might cost South Africa as much as R200 million and 1,000 jobs, according to simplified estimates from Big Four accounting and
27 February 2020
Singapore

Big Four release their wish-lists for Singapore Budget 2020: PwC This year’s Singapore budget is just around the corner, and the Big Four have released their wish-lists in advance. PwC suggests measures toward a caring and inclusive society.
17 February 2020

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