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By Damien Ashford and Shamil Ganatra. The continuing pressures on the NHS are well documented with increasing patient demand, changes in demographic and labour shortages, to name a few, contributing to persistent and growing financial challenges. Continue reading
Posted yesterday at Health Perspectives
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PwC's Mike Jakeman looks at the affordability of the rental sector and our latest projections for house prices. Continue reading
Posted 6 days ago at Economics in business
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In May 2019, the PwC Wales & West Data and Analytics team participated in the NHS Wales Data Science Hackathon in Cardiff. Read more to find out how they got on. Continue reading
Posted Jul 16, 2019 at Data Blog
By Jerome Donny It is this time of the year when companies focus on SOX scoping. I received several requests from clients over the past weeks asking about guidance about scoping, so I would like to share some thoughts. Assuming you have already mapped your financial statements to the right... Continue reading
Posted Jul 15, 2019 at Corporate reporting
A speech by Mark Carney, the Governor of the Bank of England, in June 2019 stated that the Bank of England is launching a review to explore the transformation of the hosting and use of regulatory data over the next decade. This includes proofs of concepts to test how the Bank can automatically extract regulatory firm data. The speech clearly highlighted the Bank’s increased focus on exploring how Artificial Intelligence (AI) and Machine Learning (ML) technologies can be used to collect and interpret supervisory data from firms to minimise manual processes. The Bank aims to pull the data on demand from firms, making the regulatory reporting process more efficient and less expensive. Continue reading
Posted Jul 15, 2019 at FSRR
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Andy Theedom explores the findings of our latest local government survey, The Local State We’re In, and finds that funding pressures are still constraining local councils from fulfilling their ambitions, and no less so when it comes to technology. Continue reading
Posted Jul 15, 2019 at Government perspectives
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By Alastair Woods New challenges facing human resources functions as the workforce evolves and adapts Technological breakthroughs are changing the way we work, enabling ever-more collaboration between workers and machines; at the same time demographic shifts mean the workforce is more diverse than ever before; all while we face new... Continue reading
Posted Jul 15, 2019 at People agenda
When you enter the Houses of Parliament it is impossible not to be impressed by the historical significance of the setting. But despite the Victorian grandeur of the location we were there this week to discuss a very modern phenomenon - IT and other operational failures in the financial services sector. Following a number of high profile operational incidents in the financial services sector in recent years, the Treasury Select Committee (TSC) has launched an inquiry into this topic. We were very privileged to be called to give evidence to the first public session of the inquiry to discuss a recent report we produced with TheCityUK on operational resilience. Continue reading
Posted Jul 12, 2019 at FSRR
In the latest in a series of blogs focusing on the key moments that can make or break a deal, Sarah Moore, People in Deals Leader and Steve Russell, Head of Business Recovery Services, look at how to turn threats and crises into an opportunity to strengthen the resilience and long-term competitiveness of your business. Continue reading
Posted Jul 11, 2019 at Deal Talk
Our M&A report with Mergermarket revealed culture can make or break a deal. But, what do you do when you have two culturally diverse organisations as a result of a tech acquisition? How do you move them closer to each other to find a new normal? Read more from Sarah Moore, People in Deals Leader and Tom Lewis, Deals Chief Technology Officer. Continue reading
Posted Jul 11, 2019 at Deal Talk
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By Lit Ping Low Last week the Mayor of London, Sadiq Khan, launched the first ever London Climate Action Week (LCAW) (1-8 July). The week saw a series of events and activities, held by governments, businesses, and civil society, across London to raise awareness and highlight the actions that London... Continue reading
Posted Jul 10, 2019 at Sustainability and climate change
By Gurpreet Kaur As soon as annual reports start to be published each reporting season there’s a rush in our team to review them to see what the latest trends are. This year was no exception and our eyes were eagerly looking for innovative ways companies brought the stakeholder agenda... Continue reading
Posted Jul 8, 2019 at Corporate reporting
by David Turner Director, Tax Email +44 (0)7740 241008 More articles by David by Samantha Butcher Senior Manager - Innovation Incentives Group Email +44 (0)7841... Continue reading
Posted Jul 5, 2019 at Tax
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Dominic Boyle | Trade Consultant Profile | Email | As the UK moves ever closer to Brexit, much attention has been paid to the implications... Continue reading
Posted Jul 5, 2019 at Government perspectives
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By Krishna Vallurupalli. Although most big pharma companies collaborate with AI startups and tech companies, data still remains the bottleneck to train AI engines to deliver quality outputs for better drug design. Continue reading
Posted Jul 4, 2019 at Health Perspectives
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By Mike Farrar. We are not alone in having increasing demand outstripping new resources. Continue reading
Posted Jul 4, 2019 at Health Perspectives
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If you had the power, would you save an elderly person over a toddler, an executive over a homeless person, perhaps an athlete over someone who wasn’t? If the Local Hero did prevail, who would you choose to save? Continue reading
Posted Jul 4, 2019 at Data Blog
PwC is working with British Athletics as Official Data Intelligence Partner Continue reading
Posted Jul 3, 2019 at Data Blog
The annual speeches by the Chancellor and Governor of the Bank of England (BoE) at the Mansion House are always important dates in the diary for the financial services sector. This year’s speech was the last that Mark Carney will give as Governor and many expect that Philip Hammond will no longer be Chancellor once a new Prime Minister is appointed. In ‘normal’ times the replacement within a six month period of the two most influential financial services policy makers in the UK would represent an unusual amount of change. But as the sector currently faces a number of profound disruptions, challenges and opportunities, the 2019 speeches are more likely to be remembered as an important signal of the policy makers’ response to these. Continue reading
Posted Jul 3, 2019 at FSRR
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Care homes are under pressure to boost recruitment and reduce staff turnover. This blog discusses why having the right organisational structure is key to creating a better working environment for carers. Continue reading
Posted Jun 28, 2019 at Health Perspectives
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Will Dupre outlines some of the ways the data landscape is changing at PwC UK 2019, following the roll out of new technologies across the firm. Continue reading
Posted Jun 28, 2019 at Data Blog
Just as policemen seem to be getting younger, so the pace of change outlined by the Governor of the Bank of England in his annual Mansion House speech appears to accelerate every year, and this year has been no exception. Some of the statistics thrown out by Mark Carney at this year’s Mansion House event are extraordinary: last year, one fifth of sales were online, whereas this year it will be one quarter. Continue reading
Posted Jun 27, 2019 at FSRR
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Reflecting on our roundtable with the Institute for Government Nancy Park considers how the Spending Review can work better for different places Continue reading
Posted Jun 26, 2019 at Government perspectives
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Find out how scientists are embracing drone technology to learn more about our environment and how best to protect it. Continue reading
Posted Jun 26, 2019 at Data Blog
It came as no surprise to anyone that once again governance and culture featured prominently as a cross sector priority in the Financial Conduct Authority’s (FCA) 2019/20 business plan. A key hammer to crack this particular nut will be the extension of the Senior Managers and Certification Regime (SMCR), which currently covers banks and insurers but will capture all regulated firms from the fixed implementation deadline of 9 December 2019. But firms should not consider this in isolation, or as a ‘one off’ exercise - the governance and culture agenda continues to be an ongoing, permanent fixture of FCA supervisory focus and will likely be fertile ground for enforcement cases if current trends continue. Continue reading
Posted Jun 25, 2019 at FSRR