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The Latest Breaking News from PwC

Issa brothers missed out on rescuing McColl's despite submitting higher offer than winning £190m bid from Morrisons

PwC was officially appointed as administrators on May 9

Birmingham Post

More than 90,000 South Australian public servants now involved in payroll data breach

South Australia's Treasurer says 13,088 current and former public servants more than previously thought had their personal information stolen in a cyber attack last year.

ABC News

Remote NT community not told about $5m contract to fix uranium in water supply

Laramba residents have no details of when treatment system will be ready and are forced to pay for bottled water while they wait

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Environmental consultancy signs up for UK four-day week trial

All six of Tyler Grange’s UK offices - which employ 80 people - will take part in the pilot

Birmingham Post

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

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

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Liverpool Echo

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

Insider UK

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'

Birmingham Post

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'

The Guardian - UK

‘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

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news in one place.

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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

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.

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