This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK Restructuring. UK quoted companies issued 89 profit warnings in the first quarter of 2019. This is the highest first quarter total since 2009. Indeed, our EY Profit Warning Stress Index has only been higher twice before – both times during the last recession. … More Has UK plc lost its earnings compass?
This week’s Capital Agenda Blog comes from Amanda Blackhall O’Sullivan, a partner in our Restructuring team. Some of the strongest headwinds that have battered the travel sector in recent years are easing, but new challenges are always emerging and many go deeper than temporary shifts in overheads and demand. Airlines and tour operators in particular will need … More Are travel headwinds easing?
This week’s blog comes from Charles Honnywill, Transactions Partner and Divestiture Leader at EY Disposals remain high on the UK corporate agenda and an active M&A market suggests that there’s no shortage of buyers. So far so good. But as recent high-profile examples highlight, many transactions don’t go to plan due to unforeseen regulatory issues. … More Can they buy what you’re selling?
This week’s blog comes from Fredrik Bürger, who leads EY’s Private Equity Value Creation service offering. Public-to-private transactions (PTP) are well and truly back on the private equity agenda. While by no means reaching the peaks of 2006-7, ‘take-private’ deals have picked up in the last two years and look set to accelerate in 2019. … More Why is ‘take private’ such a hot topic?
This week’s Capital Agenda Blog comes from Michael McCartney and Chris Lowe in our Capital & Debt Advisory Team. Divergence is one of the most influential trends in UK debt markets today. There is an increasing deviation in behaviour, in quality and in companies’ ability to access debt, which – if it continues to play … More What happens when debt markets diverge?
This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK Restructuring and Kirsten Tompkins, UK&I Transaction Advisory Services Content Editor. The Capital Agenda Blog usually starts the year with predictions for the 12 months ahead…but where do you start? The only thing we can predict is unpredictability – not least because Brexit isn’t … More What price uncertainty?
This week’s blog comes from Chris Lowe, Transaction Advisory Services Partner & joint head of our Capital & Debt Advisory team. Is it really a decade since the start of the credit crunch? Apparently so, although picking one significant date could put us in danger of missing a vital point: crashes and crunches don’t tend to come … More A decade on…
This week’s blog comes from Alex Gaunt, Lead Partner in our Operational Transaction Services team. A dramatic fall in sterling has made businesses more attractive to foreign buyers. Companies will need to think about their options – but to keep those options open, they’ll need to focus on operational efficiency and innovation.