On paper there’s some testing events coming up, from the French election to some potentially pivotal monetary policy meetings and on-going debates around BREXIT and US policy. Geopolitical tensions are also heightened. But, we’ve been through difficult quarters before without there being much discernible change on the ground in terms of investor sentiment and corporate attitudes to deals. So will anything trigger a change this quarter? … More Q2…something new?
Profit warnings are a measure of performance against expectation. So, given the overall upside surprise in 2016, it’s not surprising that the annual figure was the lowest for three years. But our data also tells a story of a growing gap between winners and losers. … More Profit warnings: who’s swimming against the tide?
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 know about you, but I’m finding it increasingly hard to predict where markets will go next. I understand the logic behind the recent rise in equities – but not the certainty with which it’s being applied. We don’t know for sure what BREXIT or a Trump presidency means. So, I wondered…does this rally … More Do record highs signal investor confidence?
Anyone else with déjà vu? We’re clearly in the midst of seismic shifts in the political landscape that may be more fully realised next year after a run of major European elections. So, do we need to rethink…well…everything? What does it mean for the ability of companies to raise, preserve, optimise and invest capital if … More Whatever next?
In the past few weeks we’ve published a number of reports that help to build a picture of the health, hopes and expectations of UK plc. It’s not pixel perfect, but it feels like a good time to take stock and pick out a handful of themes that we think will endure through autumn and … More Five themes for autumn & beyond
UK profit warnings have hit their highest second quarter level since the financial crisis. Our analysis shows more companies warning – and more companies warning more than once. Why is this happening? More to the point, how can companies avoid profit warnings when the future is so becoming more unpredictable?
Yesterday’s historic UK referendum has delivered a vote to leave the European Union. It will take time to work through the implications. So much is still unknown in terms of how the UK will negotiate its exit and build new trading relationships in the years ahead. But, invariably, uncertainty affects economic and capital market activity … More BREXIT
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…