Tag : PwC
Consumer confidence reaches five-year highSubscription
Consumer sentiment increased from -7 to +3 in the four months to 5 January as a result of political changes and real wage growth, new research has found.
The changing shape of retail in the 2020sSubscription
At the turn of a new decade, Drapers asks experts from financial services firms how they think fashion retail will look in 10 years’ time.
Intu calls in advisersSubscription
Shopping centre owner Intu is reported to have drafted in advisers to work on a balance-sheet restructuring.
Mothercare UK to shut by February Subscription
Mothercare’s UK business will be wound down by February, resulting in 79 store closures and 2,500 redundancies, Drapers can reveal.
Mothercare falls into administration Subscription
Mothercare’s UK business has collapsed into administration, putting 2,500 employees at risk.
Auditors rake in £35m from high street failuresSubscription
Audit firms are set to make £35m in fees from last year’s string of high street administrations, new data has shown.
Auditors must flag company risks, say investorsSubscription
Investors and businesses want auditors to reveal more information about a company’s future prospects and to highlight weak spots, new research by auditing firm PwC has found.
AI could replace 42% of UK wholesale and retail jobs Subscription
In a new report, auditing firm PwC has forecast that 42% of UK wholesale and retail jobs are at high risk of being replaced by artificial intelligence by 2030.
UK store closures reach record levelSubscription
The gap between the number of stores closing and those opening on the UK’s top 500 high streets has reached record levels, new research for PwC compiled by the Local Data Company has shown.
Christmas fashion spend to drop, PwC predictsSubscription
The average consumer will spend £420 on presents this year, but a smaller proportion will be on fashion, PwC’s Christmas trading predictions suggest.