RSM acquires Banks BHG

RSM is to expand its presence in the south west market as the firm has acquires Swindon-based chartered accountants Banks BHG.

Banks BHG is a long-established firm of chartered accountants, auditors and tax advisers that provide accounting and taxation services to SMEs as well as private wealth clients. With a turnover of £1.5m, the firm has two principles and 30 staff.

PwC receives record level of new joiners to the network

PwC added 58,081 people to its network in FY16, including 26,780 graduates, which is a record level of new joiners.

Overall PwC’s global headcount grew by over 7% to more than 223,000 people.  The highest increase in workforce figures comes from the growing markets of Asia and Central and Eastern Europe, states PwC.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

In FY16 over half of new graduate recruits were female. In addition, 665 partners were admitted across the PwC network with, female partner promotions rising for the third year in a row, and now accounting for 27% of total new partners, according to PwC.

“With the increase in female partners admitted this year and the highest ratio of female leaders in our history on our global leadership team, we are making progress; but there is much more to do,” Chairman of PricewaterhouseCoopers International Ltd Bob Moritz said.

M&A market in Scotland is bouncing back post referendum – PwC

The Scottish M&A market has picked up in the summer following a halt to many deals immediately after the referendum result, according to David Leslie, head of deals at PwC.

“Post summer we are seeing some activity resume, we are aware of the recent acquisition of Edinburgh Gin by Ian Macleod Distillers and the pipeline is strong,” Leslie said. “Additionally there has been a noticeable uplift in deal activity stimulated by creditor pressure and restructuring transactions, particular in the oil & gas sector.”

The impact of the Brexit referendum is less than thought commented Leslie, however, he also said they will be monitoring the coming quarter “with strong interest”.