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The Latest Breaking News from PwC

PwC to shut their main London office over Christmas to save on energy bills

Accountancy giant tells workers offices will be closed to save energy

Evening Standard

Directors overboard: How many seats is too many?

Where should directors draw the line, and how concerned should shareholders be about overboarding?

Fortune

People on the move: key North East appointments and promotions

Companies in this week's round-up include Muckle LLP, Birtley Group and Horizon Works

Birmingham Post

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PwC adds new capital markets team to Birmingham base

Having previously been solely a London-based team, the move marks the first time the firm's service has been delivered by staff based outside of the capital

Birmingham Post

Inside Amazon warehouse ‘the size of 17 football pitches’ as it prepares for Black Friday

Black Friday marks one of the biggest shopping days of the year

The Independent UK

Seven most in-demand buys as Black Friday approaches

The cost of living crisis has done little to dampen bargain hunters' appetites, with demand for energy-saving devices high on the list

Chronicle Live

New £50m equity fund to support the scale-up of firms in the Cardiff Capital Region launches

The fund will make equity investments from £2m to £7m

Birmingham Post

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Half-year loss for acquisitive tech firm SysGroup despite revenue jump

The group's clients include Home Bargains, PwC, Holiday Inn and the Royal Albert Hall

Birmingham Post

Black Friday: check deal is really a bargain, UK shoppers are told

With sales predicted to be £500m above last year’s total, consumers are warned not to fall for the hype

The Guardian - UK

Middle East rides on the soft power of sport

City Voices: The World Cup is just one sign of a global shift

Evening Standard

Made.com customers given final delivery deadline - or items may never arrive

Since the furniture retailer went into administration last week, customers have been given a cut-off to receive orders by November 25 - otherwise their items may not arrive at all

Daily Mirror

Made.com customers given November 25 delivery deadline—how to claim

The online furniture retailer, which was founded in 2010, went into administration last week

Evening Standard

Prime Cardiff office building up for sale with a £17m price tag

The property investment in One Kingsway is being marketed by JLL

Birmingham Post

Revealed: working class people paid thousands less than middle class peers despite doing same jobs

Firms should be ‘legally required’ to publish their class pay gaps, says thinktank, after it found salary differences of up to £10,000

The Guardian - UK

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ABC News

Bank profits jump but rising interest rates are a double-edged sword

Australia's big four banks raked in nearly $30 billion in profits over the 2022 financial year as people struggled with the cost of living. And higher interest rates will put more mortgage borrowers at risk.

AAP

Key finding of the PwC agriculture report

A new report from financial group PwC has found Australian consumers are demanding more sustainability from the agricultural sector.

Manchester Evening News

Uncertainty over Made.com refunds after retailer goes from 'online IKEA' to a 'car crash' and hundreds lose their jobs

The company had been valued at almost £800m two years ago

Birmingham Post

Made.com: From the 'online IKEA' to a 'car crash' as administration leads to hundreds of lost jobs despite Next deal

Dr Gordon Fletcher, retail expert from the University of Salford Business School, has looked at what went wrong and what might happen next

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news in one place.

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The Conversation

Strikes: why soaring CEO pay could help explain UK’s recent industrial action

The pay gap in UK business is eye-watering. Bosses of the largest UK companies earn around 100 times more than the lowest-paid employees in their organisations, according to some estimates. This year, chief executives from the top 100 UK companies saw their pay rise by nearly a quarter on average,…

ABC News

As Optus, Medibank and more are hit by cyber attacks, these 'white hat' or 'ethical' hackers are targeting companies 'from the inside'

There's a type of hacker increasingly being hired by Australian companies as more and more organisations experience data breaches.

The Guardian - UK

Pay of FTSE 100 chief executives rose an average of 23% in 2022

Campaigners and TUC say rise to almost £4m is unjustifiable during cost of living crisis

The Independent UK

FTSE 100 chief executives’ pay soars by 22% in a year despite cost of living crisis

Analysts say rise ‘primarily’ driven by bonus payments as pay now “largely back to pre-pandemic levels”

Daily Mirror

BBC spends £5m a year on consultants who tell bosses how to do their own jobs

Officials have revealed they spent £2m last year getting general advice from external consultants on 'strategy'. Another £1.8m was spent on consultants giving advice on financial issues

Insider UK

Scottish hotels 'need a fresh strategy' to tackle industry challenges

Staff shortages, the energy crisis and inflation continue to impact the hotel industry

Ballotpedia

Economy and Society, November 1, 2022: How will voters affect the control of state financial offices?

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the Environmental, Social, and Corporate Governance (ESG) trends and events that characterize the growing intersection between business and politics.

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