BDO was the most active merger and acquisition adviser in the UK last year, according to the 2011 financial adviser league tables published by Experian Corpfin.
The result was underpinned by cross border deals coupled with strong private equity related deal flow. The data recorded a 10.9% increase in the value of transactions in 2011.
It has been estimated that the largest 100 companies in the UK have amassed more than £120bn in cash and this trend of building up cash reserves is being repeated across the wider business community. European private equity (PE) also has some £100bn of uninvested funds. Recent research from BDO into UK PE houses shows that more than 50% of the PE investors in the UK want to increase their deal volumes in 2012.
EY has appointed Janet Dawson as its global and UK&I government & public sector assurance practice leader
Former PwC employees Antoine Deltour and Raphael Halet have been found guilty for their role in the Luxleaks scandal
A crisis always gives advisers plenty to do - but there are questions as to whether Brexit will give them the lucrative work they desire
Given the events of the past week as we enter new territory our SMEs now more than ever need the support of their accountants, writes Bobby Lane