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The Latest Breaking News from PwC

Listed: Bosses at EY, Diageo, BBC, PwC among 29 of the UK's most powerful part-time workers

The 2022 Power List by flexible working agency Timewise highlights people who are building their careers while working part time

Birmingham Post

Rugby hero Ollie Phillips suffered depression then became record breaker after retirement

EXCLUSIVE: England Sevens great Ollie Phillips was once named World Player of the Year and has opened up on the challenges that followed his retirement from sport

Daily Mirror

Morrisons confirms deal to rescue McColl's and save all 16,000 jobs

Final bids had been submitted by Morrisons and EG Group ahead of the Sunday deadline

Birmingham Post

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Lord Alan Sugar attacks PwC's summer working hours as 'total joke'

The professional services firm, which employs hundreds of staff in Bristol, said cutting hours over the summer has a 'positive impact'

Bristol Post

Lord Sugar slams PwC's shorter summer working hours as 'total joke'

The Big Four firm said the reduced hours had a 'positive impact' on staff wellbeing

Birmingham Post

Morrisons edges closer to McColl's purchase as thousands of jobs to be saved

Morrisons hope to take control of the McColl's Retail Group's workforce of over 15,000 staff in the UK

Daily Record

Morrisons beats Asda-owning billionaire Issa brothers to rescue McColl's and save all 16,000 jobs

An initial offer from Morrisons had been rejected last week

Birmingham Post

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Morrisons wins race to buy McColl’s ahead of Asda owners

All 16,000 staff of struggling convenience store chain will be transferred to the supermarkets group

The Guardian - UK

Morrisons set to win battle for bust McColl’s

Rival bids emerged over the weekend

Evening Standard

Fears in Carlton potential closure of McColl's would have a 'big impact' on the high street

'It’s such a shame'

Nottingham Post

Asda's owners swoop in with attempt to beat Morrisons to McColl's rescue deal

The Issa brothers have lodged a bid to acquire the convenience chain

Liverpool Echo

Asda-owners attempt to beat Morrisons to McColl's deal after administration confirmed

Administrators PwC intending to sell the business to a third party 'as soon as possible'

Insider UK

Asda-owning billionaire Issa brothers attempting to beat Morrisons to McColl's deal after administration confirmed

PwC is intending to sell the business to a third party 'as soon as possible'

Birmingham Post

‘Unacceptable and embarrassing’: Sorrell criticises S4 Capital results delay

Founder vows to make changes to structure after almost $1bn wiped off advertising group’s share price

The Guardian - UK

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Bristol Post

Everything we know so far about Bristol's Climate Action Plan one year on

Data shows which companies have increased their emissions

The Guardian - UK

PwC offers UK staff shorter Friday work hours for summer

Accountancy firm extends its flexible-work ‘deal’ to woo staff after popular trial last summer

Benzinga

Lessons For Elon Musk: 5 Notorious Failed Hostile Takeovers

As any student of industry knows, Elon Musk is hardly the first person to attempt a hostile takeover.

The Guardian - UK

Civil unrest due to rising energy bills ‘isn’t far away’, says Martin Lewis

Money saving expert says UK government must do more to ensure people can heat homes and have enough food

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news in one place.

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Birmingham Post

John Pye auctioning off ex-display Sofa Workshop stock

Auction house will also handle the sale of Sofa Workshop’s trading name, website and further intellectual property

Evening Standard

PwC slashes UK growth forecast as Deutsche Bank warns of recession risk

Report is echoed by investment bank Deutsche that insists risk of recession’ remains on the rise

The Independent UK

UK households ‘face record £900 income hit this year’

The PwC economic outlook warns that inflation could peak at 11% in 2022 if the Ukraine crisis worsens.

The Guardian - UK

Twitter shares jump as Elon Musk takes 9.2% stake; UK household income squeeze ‘to tighten’ – as it happened

Rolling coverage of the latest economic and financial news

Birmingham Post

Sofa Workshop collapses into administration with loss of 77 jobs

All existing orders will be fulfilled , say appointed administrators at PwC

Insider UK

Sturgeon defends pay package and rushed procurement of former shipyard CEO

Scottish Labour said his daily rate was nearly £3,000 a day and asked the First Minister if she had been signing Lionel Messi

The Guardian - UK

Share price of Martin Sorrell’s S4 Capital fall again after auditor delay

PwC’s postponement of financial audit without reason fuels further fall after 36% slump on Wednesday

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