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The Latest Breaking News from PwC

PwC partners who fail to embrace AI have no future at firm, US CEO warns

Paul Griggs says senior staff at consulting firm who are not ‘paranoid about being AI-first’ are likely to be replaced

The Guardian - UK

‘From printing money to administration’: Netizens react to downfall of UK’s biggest car park operator National Car Parks

Britain’s largest parking operator, National Car Parks (NCP), has entered administration, putting hundreds of jobs at risk and raising questions about the future of its vast network of car parks across the UK.

The Times of India

Car park firm NCP falls into administration, putting nearly 700 jobs at risk

PwC called in as administrators after company runs out of cash, leaving it unable to pay landlords and creditors

The Guardian - UK

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Major UK car park firm collapses into administration

Hundreds of jobs at risk as NCP car parks may be put up for sale

The Independent UK

Car park operator NCP falls into administration as post-Covid commuting stalls

The company, which is one of the UK’s biggest operators with around 340 car parks nationwide, appointed administrators at PwC.

Evening Standard

After nearly three years, the robodebt report’s secret chapter has been unsealed. What does it reveal?

Officials named who drafted unlawful debt recovery scheme - and who royal commissioner referred to corruption watchdog for further investigation

The Guardian - AU

$683 billion in unpaid labor: How companies like Amazon, AARP, and Levi's are easing the caregiving burden on women

A growing number of employers are offering paid leave, backup care, and emergency reimbursements—but experts say it's still not enough.

Fortune

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Gen Z women are the new face of unemployment—and it’s not because they’re too choosy. Low grades and bad health are to blame, new research warns

Young women are falling out of the workforce, even as male unemployment figures fall. The NEET crisis has a new face—and she’s a young woman.

Fortune

Soaring numbers of jobless young women costing economy billions – report

PwC estimates that cutting young female Neet rates in the UK to 3.6% could add up to £11 billion to economic output.

Evening Standard

Hinge Health’s AI Moat Might Be Its Patient Movement Data

Hinge Health is growing impressively within healthcare's physical therapy niche, and there are significant reasons for bullishness going forward.

MarketBeat

BRP Said It's Getting Out of Boats. So What's Up With This New Pontoon Patent?

Only a few months ago, Bombardier Recreational Products (BRP), said the company was leaving boats behind to focus on its PWC brand Sea-Doo. So what's up with this recent pontoon patent?

RideApart

More than half of CEOs report seeing no benefits from AI deployment so far — only 12% of business leaders hit the jackpot of higher revenues and reduced costs

Only a third of CEOs report getting a benefit from AI deployments, while 55% saying they get no benefit or are worse off because of it.

Tom’s Hardware

CEOs want to spend more on AI - but they aren't seeing any big returns just yet

Revenue growth is still pretty low, but businesses continue to invest in AI and explore next-gen agentic models.

TechRadar

PwC’s global chairman says most leaders have forgotten ‘the basics’ as 56% are still getting ‘nothing’ out of AI adoption

PwC's Mohamed Kande talked to Fortune about the “trimodal” mandate for leaders to execute, transform, and build: “I’ve not seen that in 25 years.”

Fortune

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RideApart

PWCs Are Selling Like Hotcakes, While Boats Aren't

PWC sales are still growing post-pandemic, while boat sales are down in 2025 when compared to 2024. Socioeconomic uncertainty and dynamic product ranges might be the reason.

The Guardian - UK

UK business confidence weakened and hiring fell at end of 2025, surveys find

Rising costs and economic uncertainty take toll, in contrast to Keir Starmer saying Britain will start to feel richer

RideApart

Arctic Cat Just Bought This Wild Stand-Up Snowmobile Company

The Thief River Falls snowmobile manufacturer went from almost dying to purchasing another company in just a few short months, showing that Arctic Cat wants to be a bigger player in the space.

RideApart

Pro Watercraft Racing Is Making a Comeback Thanks to a Big Cash Injection

The IHRA is launching a pro watercraft racing series with $250,000 in the prize pool, and intends to create meaningful opportunities for pro PWC racers.

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The Independent UK

Worst investment levels in the G7 ‘should ring alarm bells in Downing Street’

Chancellor Rachel Reeves accused of driving down business confidence with ‘broken commitments’

Evening Standard

Late spurt of IPOs drives strongest year for London stock market since 2021

There were 11 new listings on the London Stock Exchange in 2025, analysis from PwC shows.

The Independent UK

London Stock market bounces back after late flurry of IPO listings

Experts predict this positive global market momentum will persist through to 2026

RideApart

This City Wants To Ban PWCs Entirely From Its Beaches

Australia’s local officials are pushing for tighter controls on personal watercraft after repeated safety complaints reshape the debate over recreation on Melbourne’s shoreline.

Fortune

AI megadeals, IPO green shoots, and a middle-market squeeze: The new M&A reality for CFOs

CFOs face a rare mix of pressure and opportunity.

Fortune

PwC U.K. is giving Gen Z grads 'resilience’ training in their first 6 months on the job, to get better at handling criticisms and office politics

PwC U.K.’s chief people officer described resilience as the ability to handle day-to-day work dynamics—especially pressure, criticism, or sticky situations—as it offers training to Gen Z new hires.

Evening Standard

WH Smith delays results again after accounting errors

The retailer told shareholders the delay would give auditor PwC ‘further time to complete the required audit procedures’.

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