Richard Pain

Senior Corporate Affairs Manager @PwC_UK

[PwC UK @PwC_UK]

The Chancellor's emphasis on a focus on GDP per head suggests that productivity improvements (a long standing UK issue) will be a focus of this #SpringBudget.

https://t.co/5Kka4pZOJN

[PwC UK @PwC_UK]

It really does seem as if the Chancellor has 110 measures to go through which may set some sort of record for detail: in reality the range and impact of these is likely to be apparent from the papers the government publishes once the Chancellor sits down #AutumnStatement

[PwC UK @PwC_UK]

We are really getting a #Budget2023 with something for everyone with the #Chancellor rattling off initiatives - some of them not so small either, when added up over 5 years. The questions will be how much is completely new and how quickly they can be brought in to effect?

[Raj Mody @raj_mody]

That’s a big fall in projected inflation for 2023. At that rate, we could even see deflation in 2024. Who’s planning for that? #SpringBudget #Budget2023 @PwC_UK

[PwC UK @PwC_UK]

A #Budget2023 for growth suggests that the Chancellor will look at the some of the structural issues in the economy: labour participation, business investment and innovation and productivity improvement and training.

Follow our live coverage here: https://t.co/Sxk0jDVdeA

[Raj Mody @raj_mody]

If the triple lock continues, it’s possible that the State Pension will catch up with the tax-free personal allowance by the end of the frozen period 2027/28. Creates an interesting situation for the future course of State Pension and personal allowances #AutumnStatement @PwC_UK

[PwC UK @PwC_UK]

The 75% planned reduction in the annual capital gains allowance is interesting in 2 regards: it has the function of stopping calculation of small gains cluttering up the system & it also shows the Chancellor going beyond simply freezing allowances. #AutumnStatement

[Raj Mody @raj_mody]

With OBR inflation forecasts at 9.1% this year and 7.4% next year, pension funds will have manage and tackle the implications for their liabilities and their pensioners for a while yet - needs to be become part of normal planning not just a one-off event #AutumnStatement @PwC_UK

[PwC UK @PwC_UK]

Although this tax cut will make it easier for first-time buyers to get onto the property ladder, how will the already hot housing market cope with the additional demand. Read Jamie Durham's press release on the Chancellor's #MiniBudget https://t.co/lPwQv8VXgM

[PwC UK @PwC_UK]

The Chancellor’s unexpected abolition of top rate of income tax is a move clearly designed to show the seriousness of his intent to improve the growth potential of the UK economy: https://t.co/rAyaDGMfdo #minibudget2022

[PwC UK @PwC_UK]

Christine Cairns, Tax partner at PwC, has commented on the increase to the National Insurance Contribution threshold. Read the full press release here: https://t.co/D85Gtito9z #SpringStatement2022

[Kevin Ellis CBE @KevinJDEllis]

Great to be on with @IanKingSky and @SocialMobilityF this morning to discuss how we're tackling the socio-economic pay gap and the importance of reaching out to schools and disadvantaged communities to create opportunities for people regardless of their background #socialmobility

[Cat McCusker @CatMcCusker]

From digital poverty and social disadvantage to mental health and skills requirements, a joined-up approach to reforming and reimagining #education has never been more important to improve opportunities for young people. https://t.co/4mnfQvCS4L

[PwC UK @PwC_UK]

Our Economic and Business Affairs leader, Rachel Taylor, gives her reaction to the Chancellor's generous funding allocation to public services. See more of our Budget reaction here: https://t.co/7mCaFFMh2M #Budget2021 #AutumnBudget

[PwC UK @PwC_UK]

'It will be interesting to see whether the Chancellor explores further the use of fiscal measures (tax rises) in managing inflation' says @AHendersonTax

[Raj Mody @raj_mody]

There’s a lot of focus on price and wage inflation so far from the Chancellor. Important for pension funds and pension savers to note that a managed low inflation economy is still a goal #Budget2021 #AutumnBudget @PwC_UK

[Richard Pain @RichardCPain]

Why should firms collect #diversity data? Read @PwC_UK new guide produced in collaboration with the @InvAssoc to learn more about collecting and disclosing diversity data in the #InvestmentManagement industry https://t.co/Ld1sQeZ5ht

[Laura Hinton @LauraHintonPwC]

We’ve just guaranteed offers to all students due to start on our School Leaver Programme regardless of the final grades they receive. We’re pleased to offer this certainty, which seems only right given the disruption students have experienced this year https://t.co/X39bBYiLZy

[Lucy Buckham @lucy_buckham]

.@PwC_UK research on #socialmobility is a “stark warning that #COVID19 threatens sending social mobility into reverse,” says Alan Milburn on @IanKingSky

Read more on our findings: https://t.co/ZX4k9TDFZh #FutureOfGov #LevellingUp

[Richard Pain @RichardCPain]

Our @PwC_UK #pensionfunding index shows a surplus for DB schemes for first time since its inception in 2014. Will shareholders now start to question #pension funding strategies? https://t.co/gw3JmBxgAf