Nearly 25% of the UK’s largest organisations will freeze executive salaries this year because shareholders will not tolerate high payouts, according to a new report from PwC.
1% fewer companies became insolvent in the 2nd quarter compared to the 1st quarter of 2010 according to the latest analysis from PricewaterhouseCoopers. 3,467 businesses became insolvent during the period, a drop of 28% from the same quarter last year.