Making predictions is always daunting – this year more than most. Nevertheless, we’re going to look beyond current uncertainties to identify trends that will influence the Capital Agenda in 2017 … More And to come in 2017?
How do we even start to sum up 2016 on in one blog? Great tomes will surely be written about a year in which so many orthodoxies were overturned and paradigms shifted. … More What happened in 2016?
I don’t think we need to hype this up; June could herald fundamental changes to our capital landscape. There is already a great deal to digest from last week’s ECB and OPEC meetings and even more to anticipate from pivotal votes on US interest rates (14-15th) and the UK’s EU membership (23rd) – in case … More Pivotal June
What does the latest clutch of European earnings reports tell us? Revenues are under pressure and, whilst earnings are beating expectations, the bar was set very low. European companies still have a ways to go on improving their profitability and there’s certainly potential for all-round improvement. But in this low-growth, disrupted and polarized age, any … More The winner takes it all…
Takeaways: UK companies are issuing more profit warnings now than 2014. It would be easy to blame election stutters, sterling or oil prices, but the struggle to forecast isn’t new. Volatility, price pressure and disruptive influences have proved to be a troubling mix in this recovery – especially when costs are already cut to the … More The future isn’t what it used to be…what next for earnings?
Takeways: Robust M&A markets make this a great time to take a good hard look at corporate portfolios, work out what a business stands for and what it needs to divest. Do all of our assets represent what we’re about? Could these businesses have a better owner? Could we recycle capital and buy something that’s … More Let it go! Disposals, Greece and old models
Takeaways: D-Day rapidly approaching for Greece as time is running out to agree a deal with its international creditors, secure the release of badly needed bailout funds and avoid defaulting on its obligations. Rumours are rife that the Syriza government is preparing to take the dramatic step of declaring a default. The country is rapidly … More Time running out for Greece
Takeaways: Our newspapers, TVs and social media are becoming inundated with all-things-political as the UK trundles towards May’s General Election. Celebrity endorsements, campaign posters, Tony Blair taking centre-stage once again and not least, Margaret Thatcher’s 18-tonne bombproof ‘battle bus’ used in her 1983 campaign going up for sale – a steal for just £25,000. With … More With the 2015 General Election campaign trail just beginning, what’s being said?
Takeways: The rapid pace of change in today’s markets means companies need to be constantly reassessing their portfolios in order to stay on the right side of the ‘economic success line’. Luckily, this looks like a great time to sell with buyers coming back into the market in Europe. Many emerging nations, however, are finding … More Good time to buy, great time to sell?
Takeaways: UK economy picks up steam with GDP, employment growth and government borrowing performing strongly Demand for credit from UK companies is on the up, with supply gaps being filled from the increasingly established alternative funders Outlook appears robust for debt capital supply, with the potential UK EU referendum a key risk on the horizon … More As we power ahead, what next for the UK borrowers?