When you consider the financial and reputational risks, it has never been more important for investors and boards to know a company’s level of cyber and data exposure. Yet, whilst many business balance sheets and growth projections look healthy, their cyber-hygiene is often underinvested, contains hidden vulnerabilities and has evidence of compromise – which may … More Bringing cyber risks into the light
High-yield debt is grabbing the headlines again. This blog has picked HY as its potential ‘canary in the coal mine’ – but is it about to stop chirping? This week I’ve picked out three charts that highlight the risks and two that suggest HY debt has a song or two to sing yet.
In the last few weeks, EY surveys and reports have taken the temperature of the UK’s capital confidence, earnings forecasts and the economy. In this week’s blog, we’re pulling this together and picking out five essential takeaways. UK companies face an extraordinary range of challenges; but they are also taking extraordinary measures, doing more than … More Five takeaways….
This week’s post comes from Steve Ivermee, Managing Partner, UKI Transaction Advisory Services at EY. UK M&A activity continued to slow in Q3 2017, with volumes and value down year-on-year. But, there’s a more complex and developing story behind the headlines. It’s one that’s partly driven by the fallout from Brexit, one that’s partly a … More A new chapter in UK M&A
I have a strong feeling that we’ve been here before. Major central banks making tightening noises with nothing to little happening has been a recurring theme since we started this blog. So what could be different this time? Three of the four major central banks have effectively billed the next quarter as one where they will … More The interest rate conundrum
Private equity firms are on track to raise record funds. Big deals are on the cards and debt markets are open to fund them. Nevertheless, there are new challenges on the horizon – some of which stem from this record fundraising and others from the digital revolution that will affect not only what private equity buys, … More Private equity: comeback or comedown?
As we move into autumn I’m struck by growing contrasts. Heightened geopolitical tensions are hard to miss and financial risks are moving back in the spotlight. But, there are also many positives, including improving earnings and Eurozone story. This week we highlight some of the themes we think exemplify this contradictory outlook – and think about … More Season of contrasts