Future Of British Business
UK’s Top Bosses Are Keen to Make Acquisitions, PwC Survey Shows
- More than half UK CEOs expect to make a deal in next 3 years
- Health, tech, net zero themes have most takeover potential
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Britain’s dealmaking slump should abate as interest rates stabilize, with over half of UK CEOs expecting to make a major acquisition in the next three years, a survey by one of the Big Four accounting firms showed.
Mergers and acquisitions in Britain dropped by almost a fifth in 2023 from the previous year, PricewaterhouseCoopers LLP said, but added that its survey of 300 chief executives shows confidence is returning, as inflation slows and interest rates are seen to have peaked.