PwC

Jason Morris, regional market leader at PwC Scotland, says the ongoing productivity gap must be addressed. Picture: contributed.

Scots economy gains momentum, with UK set to avoid recession in 2023, says PwC

Scottish consumers are now prioritising everyday essentials while fashion fixes have taken more of a backseat, according to the report. Picture: Jeff J Mitchell/Getty Images.

Third of Scots enjoying 'healthy' financial situation, says PwC

This week has seen figures released for retail sales on both sides of the Border.

Surprise jump in UK retail sales in January but general trend 'one of decline'

The board of Made.com has proposed formally winding up the company through a voluntary liquidation process. It comes after the online furniture retailer collapsed into administration last month after it was hammered by rising costs and pressure on customer budgets. Issue date: Thursday December 22, 2022.

Made.com proposes vote on liquidation to wind up firm

PwC has found that 3.3 per cent of all job adverts north of the Border were for roles with a positive impact on the environment (file image). Picture: Jeff J Mitchell/Getty Images.

Scotland creating highest proportion of green jobs in UK, says PwC

Jason Higgs is Deals Partner, Scotland at PwC UK

Survey captures snapshot of Scottish business concerns - Jason Higgs

Technology innovation organisation CPI is opening its medicines manufacturing innovation centre at the Advanced Manufacturing Innovation District Scotland (AMIDS) in Renfrewshire.

Medical innovation centre to bring 100 'high-value' jobs to Glasgow city region

Around 400 jobs lost at Made.com after furniture firm collapses

According to the PwC study, demand for domestic corporate events and conferences that the regions typically benefit from is set to remain flat. However, key players such as Edinburgh, above, will continue to benefit from international tourism.

Hoteliers enjoy summer boost but feel-good factor set to fizzle out in 2023

The Earth hangs over an empty Action Zone in the OVO Hydro building during the COP26 summit in Glasgow last year

Place and purpose are central to the strategy for PwC - Mairi McInnes

PwC: 'Scotland, along with the rest of the UK, is facing a continuous rise in the demand for electricity which must be met with a huge increase in low carbon energy generation.' Picture: John Devlin

Scotland set to play critical role in plugging green energy skills gap

Lisa Byars, Senior Associate and employment law specialist at Pinsent Masons

Slow progress in narrowing gender pay gap - Lisa Byars

Kenny Munro, Katrina Hallpike, Ross Marshall and Stuart Copland, of PwC.

Four new equity partners among latest raft of promotions at audit giant PwC

Shoppers are becoming increasingly savvy about what they put in their baskets. Picture: Greg Macvean

Outlook for retail sector 'increasingly bleak' as consumers rein in spending

Fraser Wilson, financial services leader for PwC Scotland, says the pandemic has forced the financial services sector to accelerate the rate at which it has to change.

PwC to take on 100 people across Scottish financial services operations

Jason Morris

Business people on the move

Jason Morris is a transaction services partner, based in Edinburgh, where he leads the 80-strong deals practice for Big Four accounting firm PwC. Picture: Peter Devlin

Audit giant PwC names new leader for Scottish practice with 1,000 staff

Edinburgh’s Princes Street alone is home to vast swathes of shuttered shop fronts. Picture: Lisa Ferguson.

Scottish business cannot allow insufficient Budget support

Edinburgh was among the hardest hit cities in the UK when the country spent much of 2020 in lockdowns, however this year’s demand for domestic holidays has seen the city’s economically vital hotel sector bounce back.

Edinburgh leading Scotland's hotels recovery but challenges remain: new figures

Almost half of the UK's top law firms expect to reduce their office footprint in the wake of the pandemic.

Top-flight law firm finances bounce back from pandemic

Shoppers pictured on Edinburgh's famous Princes Street. Picture: Jane Barlow/PA Wire

Festive headache for UK retailers after record run of sales declines: reaction

Graeme Hartop and Colin Tate of Hampden & Co. Picture: Stewart Attwood

Edinburgh private bank Hampden & Co hails double-digit growth as team expands

The report noted that London market sentiment remained positive, though there was a noticeable fall in IPO proceeds raised in the second quarter compared to 'exceptional' Q1 activity. Picture: Daniel Leal-Olivas/AFP/Getty Images

Busiest first half in recent history for European stock market listings

Standard Life Aberdeen is due to start rebranding itself as Abrdn from this summer

Irritable vowel syndrome claims a historic Scottish brand – Martyn McLaughlin

Euan Cameron, CEO and founder of Scottish tech start-up Willo.

Business comment: Why AI isn’t the future for applicants or employers

PwC has told more than 1,00 employees across their three offices in Scotland that they can spend around half their working hours at home and end work early on summer Fridays. Picture: Oli Scarff/AFP via Getty Images.

PwC employees in Scotland given option to spend half of working hours at home

Thorntons, Fargate. Picture: Chris Etchells

High street retailer puts more than 600 jobs at risk as it closes stores

PwC - 'Hanging above our data for this year however, is Covid-19. Many of the CVAs and administrations in the early part of 2021 are not captured in this data.'

More than 650 chain stores disappear from Scotland's high streets in 2020

PwC doesn't expect economic activity to recover to pre-pandemic levels before 2023. Picture: Oli Scarff/AFP via Getty Images.

PwC outlines expected Scottish GDP growth in 2021 - but fears full recovery coul...

A survey has found that nearly 70 per cent of respondents would like to work from home for one to three days a week. Picture: Getty Images/iStockphoto.

Is a 'hybrid' approach of working at the office and at home the future?

The Bank of England predicts a rapid economy recovery this year if mass vaccination against Covid allows easing of the lockdown (Picture: Yui Mok/PA Wire)

Good news on Covid recovery but Brexit's shadow will be long – Scotsman comment

This year’s survey shows that Edinburgh has been less affected economically than other cities. Picture: Lisa Ferguson.

Edinburgh ranks best-performing UK city during pandemic

Edinburgh saw 59 business sites affected by CVAs, with casual dining and fashion brands most impacted.

Edinburgh third-most impacted UK city amid wave of hospitality restructurings

The 150-bedroom hotel is located on Torphichen Street. Picture: contributed.

Major progress for 'Edinburgh's newest boutique hotel' located in West End

Paperchase is on the brink of administration - with 1,500 jobs at risk

Martin Devine, partner and commercial property specialist at Pinsent Masons. Picture: Peter Devlin

Business comment: Will the UK ever return to 9-5 office working?

Technology offers us an opportunity to create more immersive, flexible, tailored learning that engages with young people.

Ad Feature Why full fibre broadband will transform how we all learn

Scotland's cities will appeal to those looking for a staycation in 2021. Picture: Lisa Ferguson.

Scottish cities see hotel markets slump due to pandemic

Almost half of businesses surveyed are planning to disclose their ethnicity pay gap in the next three years (file image). Picture: Corbis.

Jump in number of firms calculating ethnicity pay gap

Debbie Byers is the founder at Speaker Buzz.

Business comment: Tackling the stigma of workplace mental health

If you’re looking for a new job, there are numerous companies currently hiring throughout the UK (Photo: Shutterstock)

These are the UK companies hiring staff right now - and how to apply

Three day internship experiences are up for grabs in a variety of fields (Photo: Shutterstock)

Young people can apply for virtual internships with companies like Google and M&...

Women are often forced to choose between flexibility and job security in a bid to meet their caring responsibilities

Working mothers will be hit hardest in aftermath of Covid-19, expert warns

The findings are contained in a major report which is due to be published by professional services giant PwC in the next few days examining the response of the oil and gas industry to the current pandemic.

Major PwC report spells out how oil and gas industry will look post-crisis

Gary Balmer will be based at the Edinburgh headquarters of Tesco Bank. Picture: Contributed

Tesco Bank appoints Edinburgh-based chief information officer

10 Edinburgh shops that have closed down in recent years

PwC buys Edinburgh cyber-security firm Praxism

Scotland’s recovery could be ‘running on empty’

Aberdeen hotel rates have been boosted by the oil industry. Picture: TSPL

North Sea oil surge stokes Aberdeen hotel prices

Deloitte fined £14m over failed MG Rover

Jacqui Smith: Former home secretary joined KPMG. Picture: Getty

SNP hits out at ministers joining accountancy firms

Leaders: SNP must not dismiss fracking opportunity

Shale gas fracking ‘worth £5bn to Scotland’

Healey dynasty seals £250m wind farm deal

Darina Kerr: The high street must adapt or lose out to the i-street

Sir David Walker’s pay review risks a ‘mass exodus’ of bankers from Barclays

The Scotsman Top Stories

Campers and walkers have been warned to avoid any naked flames to cut the risk of igniting 'tinder-dry' vegetation after a spring with very low rainfall

Wildfire warning as firefighters hurt in giant week-long blaze in the Highlands

Stephen Fry is a past winner of the comedy award. Picture: Getty Images

Flagship Fringe comedy awards plunged into crisis over loss of sponsor

Glasgow Warriors' Tom Jordan enjoyed a breakthrough season. (Photo by Ross MacDonald / SNS Group)

The Scotsman Rugby awards: Players of season and unforgettable try