Welcome to the PwC UK Linkedin page, bringing you updates and insights from our work and our people. We are founded on a culture of partnership with a strong commercial focus. This is reflected in our purpose: To build trust in society and solve important problems. Overseen by our Chairman, it drives what we say and do in our everyday work by informing our choice, shaping the debates, guiding our decision-making, and inspiring us to make extraordinary efforts. Find out more about us in our digital Annual Report here: bit.ly/1L1h6X9
External link for PwC UK
1 Embankment Place
London, London WC2N 6RH, GB
Where’s your money going this summer? Every season, we dive into the latest consumer trends to see how spending habits are shifting across the UK. The trends vary by demographic. While some are heading abroad, others are prioritising their health or picking up new hobbies. Our full consumer sentiment findings drop on 24 July. But for now – we’d love to know:
This content isn’t available here
Access this content and more in the LinkedIn app
The UK government recently described economic inactivity as “the greatest employment challenge for a generation.” Often the focus of conversations about solving this is on getting people outside the workforce into work. Just as important, however, is stemming the flow of people leaving work in the first place. While there’s not ‘one single reason’ behind it – ill-health, both physical and mental – is a major driver. Sir Charlie Mayfield OBE, lead for the Keep Britain Working review, told us about the vital role of employers to address the inactivity challenge. Watch the full discussion - follow the link in comments.
The UK’s gender pay gaps are getting smaller, as transparency drive action. Our 2025 Gender Pay Gap Report shows UK organisations delivering impact: mean hourly pay gap has decreased by 0.6% from 11.8% to 11.2%. 👉 This is one of the largest year-on-year falls since mandatory reporting began. Behind this progress are transparent pay structures, inclusive promotions, and intentional action across sectors. Yet - closing the gap entirely will still take another 40 years. Now more than ever, pay transparency must be a strategic commitment, not just a compliance exercise. 🔗 Read the report and join our webinar later today. Links in comments. #PayEquity #Transparency #InclusiveLeadership
On 15 July, the government will set out its Financial Services Growth & Competitiveness Strategy, and we’re bringing the conversation straight to you. Tune into our LinkedIn Live panel as we ask: 🌍 How do we turn ambition into outcomes across the UK, not just London? 🤝 What will meaningful government–industry–regulator collaboration look like in practice? 💼 Where should firms focus now to unlock sustainable growth? Join: Host Tessa Norman, PwC UK Miles Celic OBE, TheCityUK Darren Ketteringham and Conor Macmanus, PwC UK Click the link and register now.
Join us at 930 this morning for a live discussion about the Government's Growth & Competitiveness Strategy and the Chancellor's Mansion House speech. You can register via this link and put your questions to our expert panel: https://bit.ly/3GDOzwr Host Tessa Norman is going to be joined by Miles Celic OBE, TheCityUK, and our PwC colleagues - Darren Ketteringham and Conor Macmanus. 'Unpacking Mansion House' - what lies in store for the UK? Find out soon.
What drives entrepreneurs? Our next guest in She Means Business, our female founder interview series, is Penny Ford. This remarkable founder shared her journey with us, from a life-changing event when she was 16 to co-founding Brilliant Beyond Belief, a high-performance coaching consultancy. The UK is stepping up support for women-led businesses, tackling a global funding gap. Its goal: 600,000 more female entrepreneurs by 2030—boosting representation by half. This series is about showcasing and celebrating the women who've started and scaled their own businesses, to inspire others to follow suit. View the full interview and others from the series on our YouTube page - follow the link in comments.
Today's ONS data shows average UK house price up 3.9%, to £269,000, year-on-year to May 2025. Our senior economist Jake Finney comments on the trends.
A few thoughts from me on the latest house price data that was distributed to journalists earlier today: 🏚️ House price growth edged up in May, with annual inflation rising to 3.9%. The recovery from April’s sharp monthly fall suggests the market is beginning to stabilise following the disruption caused by the stamp duty changes. This supports our view that recent volatility reflects activity brought forward ahead of the tax change, rather than a sustained weakening in underlying demand. ⬆️ Regional trends continue to diverge, with house price growth generally stronger in the North than in the South. This likely reflects more favourable affordability conditions in lower-priced regions, while higher house prices relative to incomes in the South continue to weigh more heavily on demand and price growth. 💸 The near-term outlook remains challenging, with households still highly sensitive to elevated prices amid stretched mortgage affordability. The Bank of England estimates that 3.6 million households, just over 40 percent of mortgage holders, will see their monthly payments rise over the next three years. However, these pressures should gradually ease as mortgage rates continue to fall in line with the monetary policy easing cycle. Gareth Hill Laetitia Lynn
What might today's unexpected jump in inflation mean for tomorrow's Bank of England's MPC meeting? Our Economist Adam Deasy commented on the news this morning.
My comment on CPI data released this morning by the ONS, from a note circulated to journalists. Hitting its highest level since January 2024, headline CPI rose to 3.6% to close out the second quarter of 2025, above consensus expectations. This largely reflects movements in more volatile components, such as transport costs, where fuel fell by less than it did from May to June 2024, and air fares saw their largest June rise since 2018. Clothing and footwear, and food prices also contributed to the increase Although this leaves quarterly inflation slightly higher than the Bank of England’s expectations set out in May, wage growth has since fallen some way below the Bank’s expected path and should cool further; with services inflation staying flat at 4.7% in June, this should bring some reassurance that some of the underlying inflationary drivers are on the right track. While price growth remains far above target, the UK economy contracting for a second straight month in May means the Bank is likely to look through the volatility in this inflation reading and proceed with a rate cut in August. Tomorrow’s payroll data release, the last major data release before the next MPC meeting, may spark the Bank into action to support an economy that increasingly looks like it needs a lift. PwC UK
'UK-wide growth simply cannot happen without the financial services industry.' After the publication of the Government’s Financial Services Growth and Competitiveness Strategy and ahead of tonight's Mansion House speech, our Head of Financial Services Darren Ketteringham shared his thoughts. He's one of the speakers on our Mansion House LinkedIn Live reaction broadcast on Thursday 9:30 am - sign up to watch that via the link in Darren's post.
On 15 July, the government will set out its Financial Services Growth & Competitiveness Strategy, and we’re bringing the conversation straight to you. Tune into our LinkedIn Live panel as we ask: 🌍 How do we turn ambition into outcomes across the UK, not just London? 🤝 What will meaningful government–industry–regulator collaboration look like in practice? 💼 Where should firms focus now to unlock sustainable growth? Join: Host Tessa Norman, PwC UK Miles Celic OBE, TheCityUK Darren Ketteringham and Conor Macmanus, PwC UK Click the link and register now.
The age of agentic AI is here. At Salesforce, Agentic AI is now taking on a staggering 84% of helpdesk queries — allowing workers to focus on doing what humans do best. So, how do you lead a workforce made up of both people and AI agents? Read our interview with Zahra Bahrololoumi CBE, CEO of Salesforce UK & Ireland, to find out: https://pwc.to/4nDN6qq #AgenticAI #AI #CEOSurvey #Salesforce