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HISTORICAL FACTS: 34 | History Defined

Former energy minister leaves board of Russian metals giant as exodus continues

Lord Barker, who served under David Cameron, will step down after a transition.

The Independent UK

Big four accountancy firms cut off businesses in Russia and Belarus

EY and Deloitte join KPMG and PwC in separating Russia operations in response to Ukraine invasion

The Guardian - UK

German chancellor Scholz pushes back against Russian energy import ban, as oil and gas climb – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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read the most diverse news in one place.

New deals leader named at PwC Scotland

He replaces Jason Morris, who was recently appointed regional market leader for the firm

Insider UK

Net shop closure rate in Wales reaches six year high

An analysis of multiple retailers undertaken by PwC show a total closure rate of 4.4%

Birmingham Post

More than 1,500 South West chains closed in 2021, study finds

But the PwC analysis suggested vacancy rates in the region were beginning to stabilise

Birmingham Post

PwC advised on business deals in Wales with a value £700m in 2021

A major deal included the acquisition of Caerphilly-based BBI Solutions by Danish firm Novo Holdings

Birmingham Post

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Services firm plans big SA operation

A new facility in Adelaide for professional services firm PwC Australia will grow its workforce to 2000 over the next five years.

AAP

PwC plans to hire 100 staff to expand Scottish financial services practice

New recruits will come at all levels and represent a 10% increase in staffing

Insider UK

Goldman, PwC and KPMG lead City’s return to the office after Plan B scrapped

Inner London businesses are set for “bounce back” Monday next week as thousands of city workers return to the office.

Evening Standard

Watchdog extends probe into PwC audit of defence giant Babcock

Financial Reporting Council wants to see accounts for 2019 and 2020 as part of investigation into audit of operator of Devonport and Rosyth dockyards

Birmingham Post

PwC faces extended FRC investigation into Babcock audit work

A probe into PwC’s work with Babcock has been extended after the defence giant was forced to take major write-downs last year.

Evening Standard

Watchdog extends investigation into PwC’s audits of defence firm Babcock

The move comes after Babcock announced a review into contract profitability and its balance sheet last year.

The Independent UK

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