There is currently a boom in the professional and financial services sector, with PricewaterhouseCoopers one of the companies seeing its revenues and profits grow during the Covid-19 pandemic. The giant international firm, which is based in London, offers risk assurance, tax advice, legal services, management consultancy, accounting and financial advice to a wide range of different businesses.
PwC's audit, deals and transformation services have been especially in demand as more firms looked at restructuring, with many moving to working from home on a long-term basis. It currently has 22,000 employees in the UK, including staff based in Cardiff.
Its UK workforce recently learned that staff would be getting a 9% pay rise. The firm said it was taking the measure to help offset the pressures resulting from the current cost-of-living crisis. It comes as the latest inflation figures, measured using the Consumer Price Index, sees the inflation rate also now at the 9% mark.
