According to Deloitte & Touche’s latest private equity confidence survey, eight out of ten VCs believe the economic situation will deteriorate over the next six months, and a similar number think it will become increasingly difficult to raise finance for emerging companies.
The survey revealed signs that while deal activity might pick up in six months time, VCs were pessimistic about exits from their investments.
Deloittes corporate finance partner Quentin Barry said: ‘Given world events since the last survey, pessimism is to be expected.’
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.