Cross-border investments slumped to half the levels of 2002, which itself had been a weak year, the Financial Times reported.
A report by the Organisation for Economic Co-operation and Development analysed trend of transactions to and from OECD countries on an annual basis. It recorded a total inflow of $140m (£84m) and an outflow of $115m (£69m). Both are just an eighth of flows recorded in 2000, before the slump in the M&A market.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.