What happened in 2018?

This week’s Capital Agenda Blog comes from Adrian Browne, UK&I Transaction Advisory Services Markets Leader, and Kirsten Tompkins, UK&I Transaction Advisory Services Lead Content Editor. What stands out most from our 2018 word cloud is ‘More’. We clearly used that word a lot! This last year had more volatility, more uncertainty, and more disruption – but … More What happened in 2018?

What else is happening?

In other words, what’s happening apart from Brexit? Because, without wanting to downgrade its significance, there is so much more going on that could easily be lost in the pre-vote maelstrom. Which is why this week, I’m going to focus on three other themes we can’t lose sight of – all of which also have … More What else is happening?

What does Brexit mean now?

My immediate answer is “riskier uncertainty”. Not knowing what happens on 29 March 2019 isn’t new. But although we now have a deal; the events of the last seven days seem to have increased probability of no deal. This is a new level of uncertainty with a rapidly approaching cliff-edge. Which is why, rather than trying … More What does Brexit mean now?

A deal pause?

This week’s post comes from Steve Ivermee, Managing Partner, UKI Transaction Advisory Services at EY. UK M&A intentions hit a four-year low in EY’s 19th Capital Confidence Barometer (CCB19). It’s an eye catching figure, but what does this mean on the ground for UK deal activity and how UK companies allocate their capital? If we combine … More A deal pause?

Why are profit warnings triggering record share price falls?

This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK Restructuring. What price a profit warning? In Q3 2018 the average answer was 21% on the day of warning – the highest fall we’ve recorded since Q3 2008. In fact, we’ve only seen this high level of investor reaction a few times before – … More Why are profit warnings triggering record share price falls?