August 30, 2023
Motorists in Britain should brace for another year of steep insurance rises as providers confront cost pressures, industry figures have warned. Admiral Group Plc will continue increasing motor insurance prices and expects the rest of the market to follow suit, …
August 7, 2023
Australia will drastically toughen penalties against promoters of dodgy tax schemes and beef up regulatory powers under reforms announced on Sunday in response to a scandal over the use of leaked fiscal plans by PwC Australia. The leak of the …
June 27, 2023
PwC Australia’s sale of its government consulting business may give it temporary respite from a crisis in its tax practice but is unlikely to repair its toxic brand in the country anytime soon, according to experts. PwC said on Sunday …
June 1, 2023
Britain’s leading business lobby group set out a series of proposals Wednesday that it hopes can secure its future following a string of allegations of inappropriate behavior that led to the cancellation of membership subscriptions from some of the country’s …
April 25, 2023
The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as he acknowledged that the business group had failed to dismiss “abhorrent” employees who’d harmed their colleagues. Brian McBride wrote an …
April 21, 2023
A swathe of major UK companies, ranging from banks to supermarkets, have resigned from the Confederation of British Industry as the lobby group fights for survival following a number of allegations of sexual assault among its staff. BT Group Plc, …
February 23, 2023
Chinese authorities have urged state-owned firms to phase out using the four biggest international accounting firms, signaling continued concerns about data security even after Beijing reached a landmark deal to allow US audit inspections on hundreds of Chinese firms listed …
February 8, 2023
A $4 billion accounting shortfall would typically raise alarm bells for an auditor. Somehow, a PricewaterhouseCoopers LLP affiliate didn’t catch it at Americanas SA. Investor and consumer groups are calling for closer scrutiny of the accounting firm after the unveiling …
August 23, 2022
An auditor at PricewaterhouseCoopers LLP sued his employer over a serious head injury he suffered during a work event that “encouraged excessive consumption of alcohol.” Michael Brockie alleges in London suit that PwC failed to ensure his safety by allowing …
June 28, 2021
LONDON – Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands Bank as regulatory scrutiny of the companies intensifies. Wyelands Bank is owned by steel tycoon Sanjeev Gupta’s metals-to-finance empire GFG …