PwC UK

We are pleased to announce that Marco Amitrano ACA MCMI ChMC has been selected to become Alliance Senior Partner for the UK and Middle East from 1 July 2024. Marco is currently Managing Partner and Head of Clients and Markets. He has been a partner at the firm since 2005, on the Management Board since 2016, and previously held the roles of Head of Consulting for EMEA and Global Head of Risk Assurance Services. In his current role, Marco has spearheaded how the firm helps clients get the best out of technology, working closely with PwC leaders worldwide. He has also been a vocal champion of diversity, equality and inclusion, including sponsoring the neurodiversity network. He will succeed Kevin Ellis when he retires at the end of June, having held the Senior Partner role for eight years. Marco was elected by our firm's UK and Middle East partners.

We love to see our people making an impact in the market, and this week our Director Dara Douglas was profiled by the social business organisation BLACK RISE. Dara is our UK BXT Leader and lead for digital ways of working in Consulting. Having driven our own innovation culture in Consulting, she now supports clients in making their ways of working more collaborative. Dara set up the Diversity Mentoring scheme for those from socially deprived backgrounds, launched and chaired the Multicultural Business Network and ran our ColourBrave campaign to drive more conversations on race in the workplace. She is also now leading the UK Blach Tech partnership to drive more diversity in technology roles. #Diversity

The new Government plans to introduce its new Employment Rights Bill, in an effort to improve career prospects for young people. Our Youth Employment Index found that although the UK excels in terms of overall employment, it's actually driven by above-average rates of part-time working - which tends to be within a pathway to a meaningful career. Why does this matter? As our economist Barret Kupelian explains below - improving the opportunities for our future generations will bring large potential wealth to our overall economy. The data in our 2024 Youth Employment Index, co-produced with Connectr, shows: - A person aged under 25 is four times more likely to be unemployed than one aged over 25. - Regional disparity is evident - with more young people not in education, employment or training in the North East and Scotland, for example, compared to the South West. Our Chief Economist, Barret Kupelian, said: “Improving the opportunities for the UK’s youth will bring large potential wealth to the overall economy. While the UK is performing close to the OECD average, there are clear economic and social benefits that could be achieved through providing an integrated approach to youth employment, and avoiding the long-term impacts we saw for young workers following the 2008 global financial crisis. “The high level of part time and non-secure employment among the young should provide concern for UK policymakers as it indicates many are finding jobs but are struggling to find pathways to careers. The blueprint for improvement for the UK can be seen in the top performing countries in the OECD. They consistently show results have been achieved through robust vocational training and apprenticeship systems, alongside initiatives to set young people up for a smooth transition from education to work through regimes that connect students with industry.” How has your experience been? Read the report in comments.

Results from our Summer #ConsumerSentiment Survey launch next week with insights into how positive the public feels when it comes to their finances and spending. Will sentiment continue to rise? And how will consumers prioritise where they spend?

The UK M&A market is picking up again after a quiet couple of years. Investors are feeling more confident, which is great news for anyone looking to make deals. Our latest mid-year M&A trends will help you put together a strong plan to show the value you can create https://pwc.to/3WzQfMo #Deals #Mergers

South Asian Heritage Month takes place from July 18 to August 17. It is a time to come together and celebrate the rich cultures, histories, and identities of South Asian communities in the UK, including here at PwC. 🌏 On Thursday, August 1st at 16:00, the PwC South Asian Network will host a panel discussion featuring successful South Asian professionals from various fields such as Professional Services, Banking, Academia, Media, and Entrepreneurship. Join us to learn about their career journeys and the significant role their South Asian heritage and identity have played along the way. Register here: https://lnkd.in/ea6GVUCq #SouthAsianHeritageMonth

To truly transform and build lasting resilience and agility, organisations need to adopt a joined-up approach. Earlier this week we asked you where leaders should focus their transformation efforts, and you said workforce, technology and transactions. Explore our insights on this topic in our FT Partner Content editorial. https://bit.ly/3SohG9o #Transformation #BeTransformative #HumanLedTechPowered

At PwC, we embrace the importance of providing an inclusive environment, where our people can fully engage in the joys and responsibilities of parenthood, whilst having a busy career. Becoming a parent is life-changing, and we’re proud to empower working parents to thrive both in and outside of work. Whether it's through our benefits options, their network at PwC, or our approach to flexibility, we hear from four devoted Dad’s on their experiences (John Meehan, Sajjad Hassam, John Baker and Tyler Nicholls). Be empowered to work your way – join our talent community: https://lnkd.in/dUdafvwf #Deals #EmpoweredFlexibility #Flexibility #SharedParentalLeave

📢"UK planning laws deter investment." says boss of Eli Lilly 💊But the UK has the potential to become a global leader in life sciences 💡Curious to learn more? Listen to our latest podcast with The New Statesman where we discuss: - The key disease areas that need investment including oncology, immunology, obesity and why; - How an unhealthy society impacts the economy; - Who the main competitors are on the global stage, and how the UK can compete; - Prevention is at the heart of the NHS Long Term Plan - what is the role of UK life sciences companies in delivering this? - Our Life Sciences Future50 report, showcasing 50 up-and-coming life sciences companies in the UK The episode features Dan Mahony, chair of the UK BioIndustry Association (BIA); Chi Onwurah newly re-elected MP for Newcastle Central and West and former Shadow Minister for Science, Research and Innovation; and Stephen Aherne, our Pharmaceutical and Life Sciences Leader. https://pwc.to/3WkKH74 #Future50 #LifeSciences #Science #Pharmaceutical #Investment #Equities #Funding

The new Labour Government has placed economic growth at the heart of their plans for the next five years. They have even set the ambitious target of achieving the highest sustained growth in the G7. Our UK Economic Outlook assesses the state of the economy and its trajectory, and looks at the key levers the new government can employ to boost growth and give the UK an advantage over the rest of the G7. Take a look at the full report in the comments. #UKEconomy