This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK&I Restructuring and Kirsten Tompkins, profit warning report author and UK&I Transaction Advisory Services Content Editor. UK quoted companies issued a record 301 profit warnings in the first quarter of 2020 – a total we’d usually expect over the course of a year, not … More Record profit warnings – but what next?
This week’s Capital Agenda Blog comes from Jon Hughes, Managing Partner for EY’s UKI Markets. Covid-19 is fundamentally affecting companies’ ability to operate and plan on a global level. The sheer extent of government and central bank support unveiled in the last few days underlines the unique combination of challenges created by this crisis and … More Covid-19: A moment in time
This week’s blog comes from EY’s UK&I Markets Leader, Lee Downham. In this week’s blog, we’ll set out where we stand now, before exploring which parts of the economy could be most vulnerable to further operational, supply and demand-side shocks – both direct and indirect. Whilst we hope the economic impact of the Covid-19 virus proves … More Covid-19: What now, what next?
This week’s Capital Agenda Blog comes from Susanne Vanner and Zoe Edler It’s becoming harder for Private Equity to extract value in the current economic and competitive climate. Value creation by necessity has become more sophisticated, with an increasing focus on innovative and holistic approaches that address the need to grow brands, accelerate organic growth … More How can intelligent automation be a value differentiator for private equity?
This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK&I Restructuring and Kirsten Tompkins, UK&I Transaction Advisory Services Content Editor. In 2019, a higher percentage of UK quoted companies issued profit warnings than 2008. We’re not facing recession. Insolvencies have risen in 2019 but are well below 2008 levels. This clearly isn’t as … More Why are profit warnings breaking 2008 records?
This week’s Capital Agenda Blog comes from Lee Downham – Partner and UK&I Markets Leader, Transaction Advisory Services and Kirsten Tompkins, UK&I Transaction Advisory Services Content Editor. This week we look both back and forward as we reach the end of a year – and decade – of crisis, recovery, division, uncertainty and, above all, … More 2019: How was it for you?
This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK&I Restructuring. On the brink of….a Brexit deal, a general election, a US-China trade agreement, a global recession? We know that uncertainty is a given in 2019. But, the persistent and deepening nature of this uncertainty took UK profit warnings to the brink of … More On the brink: profit warnings highest since the crisis
This week’s blog comes from Alan Hudson, EY Head of UK&I Restructuring In 1999, when EY started to track UK profit warnings, the dot.com boom was full swing, the euro started trading and businesses were preparing for Y2K – the so called “millennium bug”. Two decades and over 6000 profit warnings later, we’ve gathered a … More What can 20 years of profit warning data tell us?
This week’s Capital Agenda Blog comes from Alan Hudson, Head of UK Restructuring. In the last year, we’ve been talking about UK companies issuing the highest number of profit warnings since the global financial crisis. But, in our latest analysis, we’ve had to go back even further to find our reference point. In Q2 2019, … More Where is uncertainty hitting hardest?
This week’s post comes from Dougald Middleton, Partner in UKI Transaction Advisory Services at EY. The middle class is shrinking in the UK and in almost every developed economy. The structural drivers that rebalanced employment towards managerial and professional roles are weakening – along with economic growth rates – and this turnaround in fortunes is … More What happens when we lose the middle?